Westar Resources (ASX:WSR) Commences RC Drilling at Mindoolah and Mageye
RC Drilling Program
Westar Resources Limited (ASX:WSR) announced the commencement of its RC drilling program at the Mindoolah Gold Mining Centre in mid-February 2025. The program will include approximately 11 drill holes totaling 1,200 meters, targeting high-grade gold deposits beneath existing open pits and historic workings.
Following the completion at Mindoolah, drilling will proceed to the Mageye Prospect at the Gidgee North Gold-Copper Project, focusing on a distinct gravity and magnetic anomaly. The Mageye drilling will consist of around 2 drill holes for 550 meters, aiming to explore potential hydrothermal magnetite and associated mineralisation.
Outstanding Assay Results
The 2024 field program reported significant gold and silver assay results, including 40.2g/t Au, 31.7g/t Au, and 8.7g/t Au from various open pits. These results highlight the potential for discovering high-grade gold mineralisation during the upcoming drilling activities.
Executive Comments
Executive Director and CEO Jason Boladeras stated, “We welcome heritage approval at Mindoolah and thank the Traditional Owners, Wajarri Yamatji Aboriginal Corporation and consultants for their support. The high-grade Mindoolah Gold Mining Centre is an exciting prospect to drill, and we are keen to discover if high-grade gold persists beneath the old open pits and historic workings. The Company is also looking forward to drilling at Mageye to test if its distinct geophysical anomaly and associated unique geochemistry is related to mineralisation. This is the positive and active start to 2025 we were looking for.”
Future Outlook
Westar will present at the RIU Explorers Conference in Fremantle, WA, between 18th and 20th February. Drill assay results are expected by mid-April 2025 for Mindoolah and late April 2025 for Mageye, subject to laboratory processing times.
Motley Fool contributor Kiarra Jackson has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.
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