Long Shortz with Waratah Minerals: Drilling heats up at Spur as third rig hits the ground

Waratah Minerals has mobilised a third drill rig to its Spur gold-copper project in NSW, fuelled by a recent placement.

Tylah Tully speaks with Waratah Minerals (ASX:WTM) managing director Peter Duerden about the company's latest developments. 

Waratah has just added a third rig to its existing drilling campaign at the Spur gold-copper project, hoping to rapidly grow resources and fast-track step-out drilling at the site.

Recent diamond drilling at Spur, in New South Wales, intersected two zones of porphyry copper-gold mineralisation.

And after a heavily over subscribed placement raising $8.4 million, Waratah is cashed up for the exploration activity and primed for the next big discovery in NSW.

Watch the video to hear more.

This video was developed in collaboration with Waratah Minerals, a Stockhead client at the time of publishing.

The interviews and discussions in this video are opinions only and not financial or investment advice. Viewers should obtain independent advice based on their own circumstances before making any financial decisions.