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Westar Resources Limited (ASX:WSR)

ALERT: Price-sensitive ASX Announcement for WSR
Current share price for WSR : $0.006 0 (0%)+
Announcement
Release
15 Apr 2026 8:12AM
Price at Release
$0.006
Full Release
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Summary
Westar Resources Limited reported its quarterly activities and Appendix 5B cash flow report for the March quarter of 2026. The company focused on exploration activities across its projects, including the Gidgee North, Jerrys Bore, Bunda Creek, and Mt Finnerty, each at various stages of development. Westar reported cash reserves of $1.154 million at the end of the quarter. They raised capital through a share placement and are negotiating heritage agreements to facilitate further exploration. The company reviewed numerous potential gold and copper projects but did not find any that met their criteria for further development. No substantive costs were incurred in mining activities during the quarter.
Key Points
  • Cash reserves of $1.154 million at quarter end.
  • Raised $1.49 million through a share placement.
  • Focus on exploration at Gidgee North, Jerrys Bore, Bunda Creek, and Mt Finnerty.
  • No mining and development costs during the quarter.
  • Reviewed new gold and copper projects but none met key criteria.
  • Negotiating heritage agreements for continued exploration.
  • Quarterly cash flow impacted by exploration and evaluation expenses.
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.