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

IG Group Considers Switching Listing from London to New York

The financial services firm explores a potential move to enhance visibility.Highlights: IG Group is weighing a move from...

Huawei and Yowpay Launch Open Banking Smartwatch POS App

Innovative app combines open banking with smartwatch technology for payments.Highlights: Huawei partners with Yowpay to introduce a smartwatch...

UK Banks Reject Opportunity to Lift £100 Contactless Limit

Major UK banks choose not to increase contactless payment thresholds.Highlights: UK banks will not raise the £100 contactless...

Crypto.com Cuts 12% of Workforce Amid AI Shift

The company streamlines operations in response to evolving market dynamics.Highlights: Crypto.com reduces workforce by 12%Focus shifts to AI...