Westar Resources: Completes maiden drilling program at Coolaloo

  • Westar Resources (WSR) has completed its maiden aircore drilling program at its Coolaloo Project in Western Australia
  • All up, 373 aircore holes drilled to test multiple high-priority targets that are prospective for geochemical anomalies
  • Samples have sent to a Perth laboratory for analysis, and resultsare also expected in several weeks
  • Westar will now begin a reverse circulation drilling program across the Winjangoo and Gidgee South projects
  • Program of Works are in place, heritage surveys have also completed and the designated contractor has engaged
  • Shares in Westar areup a healthy 10 per cent on the market and trading at 22 cents
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

You May Also Like

Taurus and Blockdaemon Strengthen Staking in Institutional Banking

New partnership enhances crypto staking options for financial institutions.Highlights: Taurus and Blockdaemon announce a partnership for crypto staking.The...

Digital Savings Platform Tembo Raises $16 Million to Expand Services

Funding will support growth and enhance service offerings for customers.Highlights: Tembo raises $16 million in funding.Focus on enhancing...

HSBC Secures Government Tender for Digital Gilts Pilot

HSBC will lead a pilot program for government digital bonds.Highlights: HSBC won a government tender for a digital...

Bretton AI Secures $7.5 Million to Strengthen Financial Compliance Solutions

Funding aims to enhance AI-driven compliance technology for financial institutions.Highlights: Bretton AI raised $7.5 million in funding.Investment focuses...