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Westar Refines Exploration Portfolio and Adds New Ground in WA and NT

Story Highlights
  • Westar advanced early-stage exploration at Jerrys Bore, Bunda Creek and Mount Strawbridge while maintaining a solid cash position.
  • The company surrendered non-prospective Gidgee North licences, retained key tenements including Mageye, and stayed selective on new gold-copper projects.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Westar Refines Exploration Portfolio and Adds New Ground in WA and NT

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The latest update is out from Westar Resources Ltd. ( (AU:WSR) ).

Westar Resources’ latest quarterly report outlines ongoing early-stage exploration work across its portfolio, including completion of a regolith–landform interpretation and acquisition of LiDAR data at the Jerrys Bore project, reprocessing of public aeromagnetic and airborne EM data and structural interpretation at the newly granted Bunda Creek tenement in the Birrindudu Basin, and lodging a new tenement application at Mount Strawbridge in the Burtville Terrane of the northeastern Goldfields. The company also reported cash of $1.104 million at 31 December 2025, confirmed that several additional gold and copper projects were reviewed but did not meet its investment criteria, and noted the earlier surrender of several non-prospective Gidgee North licences while retaining three more promising tenements, including the one hosting the Mageye anomaly, underscoring a disciplined, portfolio-optimisation approach to exploration spending.

The most recent analyst rating on (AU:WSR) stock is a Hold 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 Limited is an Australian mineral exploration company focused on gold, copper and zinc projects, primarily in Western Australia’s Murchison and Goldfields regions and frontier basins such as the Birrindudu. The company builds its portfolio through acquiring and applying for prospective tenements and systematically reviewing additional gold and copper opportunities against internal economic and geological criteria.

Technical Sentiment Signal: Sell

Current Market Cap: A$2.98M

For detailed information about WSR stock, go to TipRanks’ Stock Analysis page.

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