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The latest announcement is out from Westar Resources Ltd. ( (AU:WSR) ).
Westar Resources has outlined its 2026 exploration programs across several Western Australian projects, with priority work at the Mageye prospect within the Gidgee North Project, where an air core drilling campaign will target gold within a mineralised intrusion defined by strong bismuth and molybdenum anomalies from prior reverse circulation drilling. The initiative aims to build on coincident gravity and magnetic targets that have already yielded anomalous molybdenum, bismuth and tungsten assays, positioning Mageye as a key focus for potential discovery.
At Jerrys Bore, newly processed LiDAR data will guide a soil auger sampling program to investigate pathfinder anomalies identified by previous explorers, while at Bunda Creek reprocessed aeromagnetic data are being inverted in 3D to pinpoint structurally complex zones for follow-up electromagnetic or gravity surveys. Westar also plans reconnaissance fieldwork at Bunda Creek in the June quarter and an initial site visit to its Mount Strawbridge tenement in the Burtville Terrane in early 2026, signalling a broad, data-driven push to refine targets and advance its exploration pipeline.
The most recent analyst rating on (AU:WSR) stock is a Sell with a A$0.01 price target. To see the full list of analyst forecasts on Westar Resources Ltd. stock, see the AU:WSR Stock Forecast page.
More about Westar Resources Ltd.
Westar Resources Ltd. is an Australian mineral exploration company focused on gold and base metals in Western Australia, with key projects including Gidgee North, Jerrys Bore, Bunda Creek and Mount Strawbridge. The company targets intrusion-related and structurally controlled mineral systems across the Murchison and NE Goldfields regions, using modern geophysics and geochemistry to advance early-stage tenements toward drill-ready status.
Technical Sentiment Signal: Sell
Current Market Cap: A$3.48M
See more insights into WSR stock on TipRanks’ Stock Analysis page.