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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
30 Jul 2026 4:15PM
Price at Release
$0.006
Full Release
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Summary
Westar Resources Limited reported its activities and financials for the quarter ending 30 June 2026. The company highlighted exploration activities across several projects, including the Bunda Creek project in the Northern Territory, where it received government funding for an airborne magnetic survey. In Western Australia, activities at Jerrys Bore involved soil sample collection, while negotiations are ongoing for a Heritage Protection Agreement at Gidgee North. The company ended the quarter with $1.847M in cash. During the period, Westar engaged in capital raising activities and reviewed multiple gold and copper projects, although none met key criteria for advancement. Exploration and evaluation expenses totaled approximately $193,000, with payments to directors amounting to $112,000.
Key Points
  • Westar received NT Government funding for Bunda Creek airborne survey.
  • Completed 1,218 soil samples at Jerrys Bore.
  • Negotiations for Heritage Agreement at Gidgee North ongoing.
  • Cash reserves at quarter-end were $1.847M.
  • Capital raising through CPS Capital Group completed.
  • Exploration expenses totaled $193,000 during the quarter.
  • Payments to directors amounted to $112,000.
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.