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Waratah Minerals (ASX:WTM), a gold explorer, has reported exceptional drilling results according to Phoenix Growth Fund. In August 2025, Phoenix highlighted that Waratah's Hole 62 at its Spur project produced exceptional results of 208.7 metres at 1.17 grams per tonne gold from 514 metres, indicating a large porphyry-style gold system. Waratah Minerals operates in the Materials sector within the Metals and Mining industry, and Thesis Tracker has captured 1 comment from 1 fund manager, Phoenix Growth Fund. Waratah Minerals is a mineral exploration company that has shifted its focus to the Spur gold-copper project in the Lachlan Fold Belt of New South Wales, near Newmont's Cadia mine, while historically holding graphite projects in Mozambique, and is drilling to define the scale of its porphyry discovery.
Company figures as of 15 Oct 2026. For information only.
Fund managers including Phoenix Growth Fund have invested in Waratah Minerals Ltd (ASX:WTM).
Phoenix highlights an exceptional long, deep gold intercept at the Spur project, pointing to a potentially large porphyry gold system in the Lachlan Fold Belt.
The available commentary does not set out specific risks, though Waratah is an early-stage explorer and deep deposits can be costly to develop.
Waratah Minerals Ltd. is a mineral exploration company operating in Mozambique and Australia. The company focuses on two graphite projects, Montepuez and Balama, both located in Mozambique. Founded on July 13, 2011, Waratah Minerals Ltd. is headquartered in West Perth, Australia.
General information only. Thesis Tracker reports what named fund managers have published about ASX companies. It does not take into account your objectives, financial situation or needs, and is not financial product advice or a recommendation to buy, sell or hold any security.
11,356 comments from 164 managers on 761 companies, snapshot 15 Oct 2026.