Westar Resources (ASX:WSR) - Managing Director, Karl Jupp
Managing Director, Karl Jupp
Source: Westar Resources
The Market Online - At The Bell

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

  • Westar Resources (WSR) identifies four highly prospective conductors at its Opaline Well Project, 190 kilometres southeast of Port Hedland in Western Australia’s Pilbara region
  • Results come from an airborne electromagnetic survey (AEM) using New Resolution Geophysics’ (NRG) Xcite system, which flew over the project last October
  • The survey followed field reconnaissance and rock-chip sampling and was intended to rapidly identify discrete conductors representing potential massive sulphide drill targets
  • Electromagnetic (EM) anomaly 101 will be the focus for ground-truthing in Westar’s next field campaign
  • Shares in WSR are trading 9.09 per cent in the green at 12 cents at market close

Westar Resources (WSR) has identified four highly prospective conductors at its Opaline Well Project, about 190 kilometres southeast of Port Hedland in Western Australia’s Pilbara region.

Results come from an airborne electromagnetic survey (AEM) using New Resolution Geophysics’ (NRG) Xcite system, which flew over the entire 70 square-kilometre project last October.

The survey followed field reconnaissance and rock-chip sampling completed last year and was intended to rapidly identify discrete conductors representing potential massive sulphide drill targets.

Westar Managing Director Karl Jupp said the AEM geophysics and modelling have proven to be a rapid and effective exploration tool, identifying several prospects for further evaluation.

“Anomaly 101 is the standout target and will be the focus for ground-truthing in our next field campaign at Opaline Well,” Mr Jupp said.

Anomaly 101 appears as a high-amplitude, classical, stand-alone, prominent, mid to late time twin peak electromagnetic anomaly characteristic of a steeply dipping and relatively conductive body at depth.

Westar says future work programs will include ground-truthing of the identified anomalies, field mapping, rock-chip sampling and establishing access and logistical constraints for potential future ground-based geophysics, and potentially drilling.

Westar’s highest priority is progressing Gidgee North, where a maiden drill campaign is scheduled to commence later this month.

Shares in WSR were trading 9.09 per cent in the green at 12 cents at market close.  

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

Market Update: ASX accelerates ahead of future forecasts

The ASX200 delivered a sweet surprise this morning, surging 1.7 per cent to deliver growth far in excess of future’s predictions.

Greentech and Anax team up to put Whim Creek copper hub on steroids

GreenTech Metals and Anax Metals are set to sign a memorandum of understanding to strategise processing…

Sampling in Argentina points the way to a base metals porphyry for Belararox

Belararox Ltd has completed exploration work at its TMT project in Argentina which it believes hosts…

Miramar upgrades target within WA’s Gidji, suggests extension to Northern Star’s 8 Mile Dam

Miramar Resources Ltd has updated its 8-Mile target within the Gidji project in WA based on…