Latest Westar Resources (Asx:Wsr) News

Westar Resources reported strategic tenement adjustments and promising assay results at its Mageye prospect during the September 2025 quarter, while maintaining a cautious cash position and continuing exploration efforts.

Westar Resources has secured $1.5 million through a heavily discounted share placement aimed at funding exploration and new project due diligence. The capital raise involves issuing 300 million shares, including participation from company directors.

Westar Resources wraps up low-grade drilling at Mindoolah, opts out of acquisition, while progressing exploration at Gidgee North with promising geophysical targets and pending assay results.

Westar Resources has secured heritage approvals and is set to begin a targeted RC drilling program at the Mindoolah Gold Mining Centre, aiming to unlock high-grade gold deposits beneath historic workings. Following this, drilling will focus on a compelling geophysical anomaly at the Mageye Prospect.

Westar Resources reports exceptional gold and silver assay results from its Mindoolah Mining Centre, setting the stage for imminent drilling programs in early 2025. The company maintains a strong cash position while strategically focusing on high-potential projects.