Waratah Minerals Limited (ASX: WTM; OTC: BTRYF) operates as an Australia-based diversified minerals exploration company focused on advancing high-quality gold-copper discovery opportunities; it explores for and develops deposits of gold, copper, nickel, and associated minerals including cobalt. The company holds 100% interests in its flagship Spur Gold-Copper Project (EL5238) located in the prolific East Lachlan Fold Belt of central western New South Wales, prospective for epithermal gold and porphyry copper-gold mineralization including the Spur Gold Corridor and Breccia West prospect; the Stavely-Stawell Project (EL6871), comprising a 65-kilometer strike along the Stawell Gold Corridor and northern Stavely-Dryden Belt in western Victoria; and the Azura Project covering approximately 258 square kilometers in Western Australia's East Kimberley region through three granted exploration licenses (E80/4944, E80/5116, E80/5347) and one application (E80/5348), targeting sediment/basalt-hosted copper and magmatic nickel-copper-cobalt systems. Waratah Minerals also maintains a strategic investment in Tirupati Graphite Plc (LSE: TGR), an emerging flake graphite producer, following the April 2023 divestment of its legacy Mozambique graphite assets including Montepuez and Balama projects. Incorporated in 2011 and formerly known as Battery Minerals Limited, the company changed its name to Waratah Minerals Limited in December 2023 to reflect its sharpened focus on Australian gold-copper exploration; it is headquartered at Unit 2, 19 Peisley Street, Orange, New South Wales 2800, Australia. Recent developments include a A$30 million strategic capital raise in 2025 through strongly supported placements to existing and new institutional investors, funding accelerated drilling programs with three rigs on-site at Spur including extension RC and diamond drilling at the Gold Corridor (A$5.0 million), diamond drilling at Breccia West (A$1.0 million), and supporting geochemistry/geophysics (A$0.5 million); an earlier A$8.4 million placement in May 2025 similarly targeted Spur exploration amid strong gold and copper prices; and ongoing advancement of its projects highlighted at investor events such as the Precious Metals Summit Zurich in November 2025.