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Westar Resources Limited (ASX:WSR)

ALERT: Price-sensitive ASX Announcement for WSR
Current share price for WSR : $0.007 0 (0%)+
Announcement
Release
10 Feb 2026 10:06AM
Price at Release
$0.007
Full Release
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Summary
Westar Resources Limited has provided an update on its planned exploration programs for the calendar year 2026. Key highlights include an air core program targeting gold within a mineralised intrusion at the Mageye prospect in the Gidgee North Project, Western Australia. The company has received processed LiDAR data for the Jerrys Bore project to refine interpretation efforts, and reprocessed aeromagnetic data for the Bunda Creek project to analyze structural complexity. Plans for a reconnaissance visit to the newly applied Mount Strawbridge tenement in the NE Goldfields have been outlined. Anomalous molybdenum, bismuth, and tungsten values were found at Mageye, hinting at a high-temperature magmatic system, although no gold mineralisation was noted. To pave the way for air core drilling at Mageye, Westar is negotiating a Heritage Protection Agreement. Additionally, an exploration license application has been lodged for Jerrys Bore, which covers the Deleta greenstone belt.
Key Points
  • Air core program planned at Mageye prospect targeting gold within a mineralised intrusion.
  • Processed LiDAR data received for Jerrys Bore project to refine regolith-landform interpretation.
  • Reprocessed aeromagnetic data at Bunda Creek to derive 3D inversions for structural complexity analysis.
  • Reconnaissance visit planned to Mount Strawbridge in the NE Goldfields region.
  • Anomalous Mo, Bi, and W values identified at Mageye, indicative of a high-temperature magmatic system.
  • No gold mineralisation intersected at Mageye, but potential exists similar to Mt Mulgine.
  • Heritage Protection Agreement negotiations underway for Mageye ahead of air core drilling.
  • Application lodged for exploration license at Jerrys Bore, covering Deleta greenstone belt.
  • Orientation geochemistry survey planned at Mount Strawbridge for gold exploration.
  • Exploration program updates and strategic planning for CY2026 detailed for various projects.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.