Westar Resources (ASX:WSR) has wrapped up a field campaign on-site its Mindoolah Mining Centre project in WA.
Mapping of an existing open pit asset and surface mapping of nearby target areas of interest busied geotechs throughout the campaign with assay results for those materials due back in 5 weeks at most.
Westar recently pawned off its non-core Winjangoo and Parker Dome landholdings which the company prioritised as a strategic review in a higher cost environment. (Just yesterday, ALS assay laboratories flagged a decline in minerals revenue as juniors feel the pressure of interest rate hikes, and, a market with less liquidity at the small end of town.)
Westar, for its part, is hopeful that known quartz veining on-site contains gold. Looking ahead, the company flagged its “drill program approval process [is] underway.”
Mindoolah is located 70km from Cue, WA and centred on historical mining plays.
“The field team has done a fantastic job mapping the open pits and surface area covering the historic Mindoolah Gold Mining Centre,” Westar chief Jason Boladeras said.
“We look forward to receiving the assay results in approximately late October. Along with the results, mapping and sampling information gathered will be instrumental in helping design the drill program.”
WSR last traded at 0.9cps.