Battery Minerals acquired 100% of the issued share capital of Deep Ore Discovery, the registered holder of EL5238, including the advanced Spur Project in the Lachlan Fold Belt, New South Wales.
Historical drill core relogging indicates significant gold-copper mineralisation associated with intermediate-sulphidation epithermal sulphide stringers and proximal porphyry alteration.
A 2,000m diamond and reverse circulation drilling campaign at the Spur target will commence in January 2024.
The Company is undergoing a name change to 'Waratah Minerals' to reflect its progress in building a portfolio of high-quality gold-copper discovery opportunities, pending shareholder approval.