Westar Resources Ltd (ASX:WSR) is encouraged by results from a recently completed auger sampling program over two first-pass exploration areas at the Coolaloo Gold Project, 25 kilometres south of Mt Magnet in Western Australia.
The auger drill sampling program collected 458 surficial geochemical samples from a carbonate rich horizon up to 2 metres in depth and identified 12 targets at Coolaloo.
Five priority targets, which host coincident auger geochemical anomalism and magnetic hights have been fast-tracked for aircore drilling.
Planning for maiden drilling
Westar managing director Karl Jupp said the anomalous geochemical results had accelerated planning of first pass drill planning scheduled for this quarter.
He said: “The anomalous geochemical results, coincident with the geophysical targets, have highlighted the gold prospectivity of the Coolaloo Project.
“We’re now planning our maiden drilling program to test these high priority targets and look forward to updating the market as we progress.”
Exploration targets highlighted.
The auger program at Coolaloo targeted selective areas based on prospectivity ranking generated from interrogation of DMIRS state-wide magnetic data, gravity data, historic soil sampling assay results and other spectral data sets.
Next steps at Coolaloo include:
- Drill program design for drilling in Q1 2021 over high priority target areas, including the integration of recently completed high-resolution geophysics;
- Developing exploration strategies for untested magnetic targets; and
- Assessing the project area for other potential styles of gold-bearing mineralisation.