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

Italy Fines Revolut €1.15M for Regulatory Violations

Revolut faces penalties due to non-compliance with Italian financial regulations.Highlights: Italy fines Revolut €1.15 million for regulatory breaches.The...

DeFi Platform Drift Suspends Withdrawals After Crypto Hack

Drift takes precautionary measures following security breach affecting user funds.Highlights: Drift has suspended all deposits and withdrawals after...

Cross River Bank Raises $50 Million to Accelerate Growth

The funding will enhance Cross River Bank's financial technology services.Highlights: Cross River Bank has raised $50 million in...

Kulipa Secures $62M to Enhance Stablecoin Card Issuing Infrastructure

Funding aims to strengthen cryptocurrency card services in the growing fintech market.Highlights: Kulipa raises $62M to enhance its...