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There are few gold discoveries in Australia generating as much buzz as Waratah Minerals’ Spur Gold Corridor in New South Wales.

It’s been the most exciting early stage gold exploration story in Australia in the past couple months. And Waratah Minerals (ASX:WTM) has added more credibility to the narrative that its Spur Gold Corridor could deliver a significant gold discovery with fresh drilling results.

If there was one “buzz” stock at this year’s Diggers & Dealers Mining Forum in Kalgoorlie, it was Waratah Minerals (ASX:WTM).

Waratah Minerals has raised $30m in a strongly supported placement to fund extensional and resource drilling at the Spur gold-copper project in the Lachlan Fold Belt in NSW. 

With its Spur project lying in the East Lachlan part of Australia’s premier gold-copper porphyry district, Waratah Minerals continues to deliver gifts for investors.

Waratah Minerals shot up more than 40% in early trading after drilling at Spur project in the East Lachlan region of NSW reinforced the potential of the Spur gold corridor to host a large-scale, high-grade epithermal gold system.

An expanded three-rig campaign at Waratah Minerals’ Spur project has confirmed extensions to known gold mineralisation at the Spur Gold Corridor, as drilling continues to investigate a potential link with a porphyry gold-copper system.

With three drill rigs turning, Waratah Minerals is ramping up exploration at its Spur gold-copper project, an emerging discovery already showing the kind of geological markers seen in the multi-million-ounce Cowal and Boda systems.

In this edition, Barry looks to NSW’s Lachlan Ford Belt, where Waratah Minerals (ASX:WTM) is busy on the ground at its wholly owned Spur gold-copper project.