Source: Westar Resources
The Market Online - At The Bell

Join our daily newsletter At The Bell to receive exclusive market insights

  • Westar Resources (WSR) has started a ground fixed loop electromagnetic (FLEM) survey at its Gidgee North gold project
  • The Perth-based company expects the survey to be completed before the end of the month
  • The survey is the next step in establishing the veracity of geophysical and geochemical anomalies already identified to contain potential sulphides
  • Westar intends to undertake a first-pass RC drill program once survey work and data collection is complete
  • Westar Resources were up 4.5 per cent at 11.5 cents

Westar Resources (WSR) has started a ground fixed loop electromagnetic (FLEM) survey at its Gidgee North gold project in Western Australia.

The Perth-based company expects the survey to be completed before the end of the month. The survey is the next step in establishing the veracity of geophysical and geochemical anomalies already identified to contain potential sulphides.

Once the survey work is complete, Newexco Exploration will process the data and model any significant conductors that are identified.

Westar intends to then immediately plan, prepare and execute a first-pass RC drill program, targeting the modelled conductors, to verify the volcanogenic massive sulphide (VMS) model and the presence of copper-zinc sulphide mineralisation.

“We are thrilled to be conducting additional boots on ground exploration at Gidgee North that is planned to verify and model many of the previously identified SkyTEM conductors. The data from this program will be instrumental in immediately progressing to plan proof-of-concept drilling to validate the potential for VMS style copper-zinc mineralisation in this enormously under-explored part of the Gum Creek Greenstone Belt,” said Westar Managing Director Karl Jupp.

The Gidgee North project is about 640 kilometres north-east of Perth between Meekatharra and Wiluna. It, together with the nearby Gidgee South project, covers 325 square kilometres.

Westar Resources remains focused on developing high-quality gold and base metal assets in Western Australia.

Westar Resources shares were up 4.5 per cent at 11.5 cents at 2.15pm AEDT

WSR by the numbers
More From The Market Online
The Market Online Video

Market Close: ASX holds green gains and signs off in the sunshine

The ASX200 closed .6 of a per cent up with every sector finishing in the green…
The Market Online Video

Infini Resources gearing up for UAV geophys survey over Portland Creek

Infini Resources has announced its execution of an application for UAV-based geophysical surveys over its Portland…

Week 18 Wrap: Fed prompts joy and pain; modern monetary theory gains traction & Brent takes a breather

The big stories that mattered in Week 18 of 2024 – plus a selection of headlines…