WSR: Maiden RC Program Intersects Pegmatites at Olga Rocks

WESTAR RESOURCES LIMITED

• Westar Resources completes maiden RC drilling program at Olga Rocks Lithium-Gold Project, with multiple thick pegmatite zones intersected, including widths up to 44m.
• Encouraging drill chip observations made for holes testing historical gold intercepts.
• Drill samples from ultramafic and high-magnesium basalt units sent for analysis to test for nickel, cobalt, and other base-metal potential.

2023-05-15 08:27:00

WSR: Mt Finnerty JV Delivers Wide High-Grade Gold Intercepts

WESTAR RESOURCES LIMITED

• Westar Resources Limited announces high-grade gold intercepts from diamond drilling at the Tasman Prospect, including 8.70m at 13.4 g/t Au and 3.0m at 3.64g/t Au.
• Structural data review and validation suggest that high-grade mineralization may remain open in multiple directions.
• Westar looks forward to the continuation of the Mt Finnerty JV project with Ramelius Resources, including structural review and future drilling.

2023-05-12 08:17:00

WSR: Mt Finnerty JV Initial Diamond Drilling Results

WESTAR RESOURCES LIMITED

• Seven RC/DD holes completed for 1,572m of drilling with assays received for five holes at Mt Finnerty JV project.
• Significant gold intersections reported at Flinders Prospect and Tasman Prospect.
• Ramelius Resources to conduct detailed structural analysis of diamond core for mineralisation controls and geometry.

2023-04-27 09:39:00

WSR: Executes Option Agreement at Mindoolah Lithium-Gold Project

WESTAR RESOURCES LIMITED

• Westar Resources completes due diligence and enters a 24-month Option Agreement at the Mindoolah Lithium-Gold Project.
• Fractionated pegmatites confirmed with anomalous lithium pathfinder samples along over 4 km of strike.
• Follow-up programs are being prepared to define pegmatite extents and refine target areas ahead of a maiden RC drilling program.

2023-04-26 08:12:00

WSR: Maiden RC drilling program commences at Olga Rocks project

WESTAR RESOURCES LIMITED

• Maiden RC Drilling program has commenced at Olga Rocks, testing three interpreted pegmatite corridors in the Central Zone.
• The drilling program aims to test for LCT-style mineralization in fractioned pegmatites, leveraging historical exploration data.
• Westar Resources expects to share updates on the results as they become available.

2023-04-20 09:27:00

WSR: Executes Option Agreement at Olga Rocks lithium-gold project

WESTAR RESOURCES LIMITED

• Westar completes due diligence for the Olga Rocks Lithium-Gold Project and enters a 12-month Option Agreement.
• Historical drilling and fieldwork identify thick Albite-rich pegmatites with up to 3km strike extent, untested for Lithium and rare metal mineralisation.
• All permitting and approvals are in place to commence 'Proof of Concept' Reverse Circulation (RC) drilling campaign in the coming weeks.

2023-04-17 08:25:00

WSR: Entitlement Offer

WESTAR RESOURCES LIMITED

• Westar Resources launches 1-for-1 non-renounceable pro rata entitlement offer to raise up to approximately A$2.77 million (before costs).
• The entitlement offer is set at an issue price of A$0.03 per share with 1 free attaching option for every 3 new shares subscribed for.
• Funds raised will be used for exploration and development on the Company's projects and general working capital.

2023-04-06 08:09:00

WSR: Maiden Aircore Drilling Program Completed at Gidgee North

WESTAR RESOURCES LIMITED

• Maiden 5,064m aircore drilling program at Gidgee North Project completed.
• Multiple priority Au and supergene Cu-Zn targets tested in a sequence of sheared, faulted, and folded greenstone-granite terrain.
• Favourable lithologies and shear structures for gold mineralisation intercepted adjacent to in-soil and geophysical anomalies.

2023-04-03 08:16:00

WSR: Completes Placement to Fund Exploration

WESTAR RESOURCES LIMITED

• Westar Resources is raising approximately $2.7 million to fund exploration drilling at various projects.
• The capital raising will consist of a placement and a non-renounceable entitlement offer.
• CPS Capital Group Pty Ltd has been appointed as the Lead Manager to the Capital Raising.

2023-03-27 09:28:00

WSR: Ramelius Resources Satisfies Farm-In Milestone

WESTAR RESOURCES LIMITED

• Ramelius Resources Ltd has earned a 75% joint venture interest in the Mt Finnerty project.
• An unincorporated joint venture has been formed with Ramelius holding 75% and Westar holding 25%
• Exploration programs remain ongoing at Flinders and Tasman Prospects, with Ramelius as the operator and manager.

2023-03-09 08:13:00

WSR: Drilling Commenced at Gidgee North Testing Multiple Targets

WESTAR RESOURCES LIMITED

• Westar Resources Limited has commenced a ~6,000m AC drill programme at the Gidgee North Project in Western Australia.
• The programme will test multiple priority gold targets and historic supergene copper-zinc targets at the Vela and Geo prospects.
• Many of the targets have never seen a drill bit, despite the renowned gold endowment of the Gum Creek Greenstone Belt.

2023-03-08 08:13:00

WSR: Maiden Aircore Program at Gidgee Nth to Test Multiple Target

WESTAR RESOURCES LIMITED

• Westar Resources Limited is progressing exploration activities and a drill testing program at the Gidgee North project.
• Multiple priority gold targets have been refined and are ready for drill testing, as well as historic supergene copper-zinc targets at the Vela and Geo prospects.
• Geochemical programs are being used to refine northern targets for drill testing in H2CY23.

2023-03-02 08:15:00

WSR: Expansion of Olga Rocks Lithium-Gold Project

WESTAR RESOURCES LIMITED

• Westar Resources Limited has acquired 100% of P77/4070, adjacent to the "Olga Rocks" project.
• RAB drilling has identified multiple shallow pegmatite intercepts along strike of the interpreted central and western pegmatite zones.
• Potential strike increases for the central pegmatite zone now extended to approximately 3km.

2023-03-01 08:10:00

WSR: Olga Rocks Pegmatite Interpretation

WESTAR RESOURCES LIMITED

• Westar Resources Limited has completed a geological data compilation and integration with field work program at the 100% owned Olga Rocks Project.
• The results have identified up to 1.4km of LCT pegmatite strike potential with potentially three separate pegmatite corridors.
• Westar is confident in their rock chip sampling which has identified these pegmatites as potential LCT-mineralised types and will progress fractionation targeting ahead of planning an initial RC drilling program.

2023-02-28 07:55:00

WSR: LCT Pegmatite Mineralisation Confirmed at Olga Rocks

WESTAR RESOURCES LIMITED

• Westar Resources Limited (ASX: WSR) has completed a geological reconnaissance fieldwork program at the 100% owned Olga Rocks Project in the Yilgarn Region of Western Australia.
• Rock chip assay results indicate highly fractionated, fertile LCT-type pegmatites with lithium and other pathfinder elements.
• Westar plans to progress permitting and approvals for a maiden H1CY23 RC drilling campaign.

2023-02-27 08:05:00

WSR: Multiple Fractionated Pegmatites at Mindoolah

WESTAR RESOURCES LIMITED

• Westar Resources has completed a reconnaissance field program, confirming the presence of fractionated pegmatite systems in the Mindoolah project.
• Rock chip sampling detected anomalously high levels of Nb, Ta and Rb over 4km of strike.
• Soil sampling confirmed Nb and Ta trends and surface Li depletion.

2023-02-16 08:10:00

WSR: Mt Finnerty Farm-in/JV Results and Drilling Commenced

WESTAR RESOURCES LIMITED

• Follow -up RC drilling delivers excellent results at both the Flinders and Tasman prospects
• Flinders Prospect: 1m at 11.8 g/t Au from 139m in FLRC0017
• 2 diamond drill holes (tails) complete with up to an additional 9 proposed diamond tails to be drilled in the current campaign

2023-01-25 09:33:00

WSR: Olga Rocks Lithium - Gold Acquisition

WESTAR RESOURCES LIMITED

1. Westar to acquire the highly prospective Li and Au Olga Rocks Project, adjacent to Westar’s Parker Dome Project and Zeniths recent Li and Au discoveries.
2. Extensive historical workings and gold intercepts by previous owners, including 8m @ 4.54 g/t Au (OLC003), 8m @ 4.69 g/t Au (OLC011) and 3m @ 10.6g/t Au (OLA043) require follow-up drilling to determine along strike and down-dip potential.
3. Transaction involves the acquisition of 4 granted mining leases and 2 prospecting permits.

2023-01-16 08:20:00