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Westar Resources (ASX: $WSR) commences gold exploration at Mindoolah mining centre

Overview of Westar Resources' gold exploration at Mindoolah mining centre


Westar Resources Limited (ASX: $WSR) has initiated a detailed review of historic gold exploration activities at the Mindoolah Mining Centre in Western Australia's Murchison Region. The company's Exploration Manager conducted a field trip in late March, focusing on the two significant modern-day open pits and surrounding mined stockpiles, collecting seventeen samples.

Executive commentary on gold exploration at Mindoolah mining centre


We're excited to commence the initial phase of gold-focused exploration at Mindoolah. With gold's new all-time high of around A$3,500/oz, we are accelerating our gold exploration plans. Early signs are encouraging, with visible quartz veins believed to host gold mineralisation identified and over 200 stockpiles containing similar material. The review of past data and our planned systematic sampling program will help us unlock the value of Mindoolah, potentially leading to a pit cutback, further exploration, and even partnerships with established gold producers in the region.

Summary of Westar Resources' gold exploration at Mindoolah mining centre


Westar Resources (ASX: $WSR) has commenced a detailed review of historic gold exploration activities at the Mindoolah Mining Centre, part of the Mindoolah Project in Western Australia's Murchison Region. The company's Exploration Manager identified visible quartz veins and over 200 stockpiles containing similar material during a field trip in late March. The review of past data and a planned systematic sampling program aim to unlock the value of Mindoolah, potentially leading to a pit cutback, further exploration, and partnerships with established gold producers in the region. The company aims to gather information about open pit mining to determine whether gold associated with quartz veins continues along strike and at depth. The Mindoolah Project, located 70km northwest from the town of Cue, consists of nearly 100km2 of tenure and is strategically located in the highly prospective Pilbara, Murchison, and Yilgarn regions of WA.

WESTAR RESOURCES LIMITED
WSR | ASX | Materials
0.010.001(+11.11%)
At close 05/07 (AEDT)
Market cap
$2.3M
Volume
99,988
DY Yield
0
PE Ratio
0
52 Week Range
0.008 - 0.058
1YR Return
N / A

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