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Westar Resources (ASX:WSR) completes RC drilling at Gidgee South

Mining
ASX:WSR      MCAP $2.549M
05 July 2021 16:10 (AEST)

Westar Resources (WSR) has completed the maiden reverse circulation (RC) program at its Gidgee South Gold Project.

The Gidgee South Project lies in the Gum Creek Greenstone Belt 55 kilometres northeast of Sandstone in Western Australia.

Drilling began in May with aims to test multiple high-priority targets within a broad gold mineralisation corridor.

Several holes were also drilled to test geological units and structural features along strike and down plunge of historical workings.

A total of 56 RC holes, for 4258 metres, were drilled by Frontline Drilling and results are now undergoing assay at ALS Perth.

Due to the backlog of results in all laboratories around Western Australia increasing over the past few months, Westar expects results in six weeks.

The drill rig and crew has now re-mobilised to begin the maiden RC drilling program at the Winjangoo Project.

Around 4000 metres of drilling will be undertaken to test several high-priority targets identified via geochemical auger sampling.

“We are excited to have completed the maiden RC drilling program at the Gidgee South Gold Project and noted many of the holes intersected indicators of potential mineralisation, which validates our conceptual mineralisation model,” Managing Director Karl Jupp said.

“At Winjangoo our geologists have identified several highly prospective targets based on a combination of geochemical anomalies, airborne magnetic interpretations and convergence of outcropping pyritic quartz veins.”

Westar has ended the day 5.26 per cent in the red with shares trading at 18 cents in a $9.57 million market cap.

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