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Westar Resources Ltd. ( (AU:WSR) ) just unveiled an announcement.
Westar Resources Limited has released its quarterly activities report for the period ending March 31, 2025. The company decided not to pursue the acquisition of the Mindoolah Project after completing RC drilling, which revealed gold intersections below historic pits but with grades deemed too low for further exploration. At Gidgee North, drilling targeted a geophysical anomaly associated with elevated values of bismuth, molybdenum, tungsten, and tellurium, with ongoing modeling to advance orogenic gold opportunities. The company maintains a cash position of $1.56 million and is reviewing potential resource project acquisitions.
More about Westar Resources Ltd.
Westar Resources Limited is an exploration company focused on identifying and developing mineral resources, primarily in Western Australia. The company engages in drilling and exploration activities, with a market focus on gold and other valuable minerals such as bismuth, molybdenum, tungsten, and tellurium.
Average Trading Volume: 2,867,239
Technical Sentiment Signal: Buy
Current Market Cap: A$1.99M
Find detailed analytics on WSR stock on TipRanks’ Stock Analysis page.