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Waratah Minerals (WTM) investor relations material
Waratah Minerals Q4 2025 TU earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Aggressive 80,000m drilling program underway at the Spur gold project, targeting both shallow and deep high-grade mineralisation with seven rigs active on site.
Significant high-grade gold intercepts reported at both Spur and Consols Zones, expanding known mineralisation and identifying new high-grade zones.
Board restructure and technical team expansion implemented to support increased operational activity and transition toward development.
Financial highlights
Cash and listed investments totaled $28.6 million as of 31 December 2025.
$3.7 million spent on exploration and evaluation during the quarter.
Second tranche of a $30 million placement completed, raising approximately $18.3 million for drilling and project development.
Outlook and guidance
2026 drilling program aims to expand gold mineralisation with a focus on both shallow and deep targets at Spur and Consols Zones.
Strategy in place to rapidly define system scale and unlock commercial value for shareholders.
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