Westar Resources Ltd kicks off Gidgee North Project surveying to investigate VMS-style copper-zinc
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Westar Resources Ltd set for strong results-driven newsflow in the coming months across project portfolio
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Westar Resources completes Gidgee South drilling, RC rig moved to Winjangoo for maiden program
The company will test multiple undrilled targets at Winjangoo along highly prospective granite-greenstone contacts including several areas of quartz outcrop containing oxidised pyrite. RC drilling at Gidgee South with drilling contractor, Frontline Drilling.
Westar Resources Ltd (ASX:WSR) has completed a maiden reverse circulation (RC) drilling program at the Gidgee South Gold Project and is poised to start an extensive inaugural campaign at the Winjangoo Gold Project.
A total of 56 RC drill holes were completed for 4,258 metres of drill advance across multiple high-priority targets, including the historical Birrigrin Mining Centre (BMC) with assay results to be received in a few weeks.
S&P/ASX 200 rises following better-than-expected jobs report
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S&P/ASX 200 rises following better-than-expected jobs report
Brent crude futures fell 3.2% to US$66.49 per barrel on Wednesday on fears that rising inflation might lead the US Federal Reserve to raise interest rates. Gold prices hit a four-month high of US$1,889.75 on Wednesday.
S&P/ASX 200 (INDEXASX:XJO) has gained 0.80% to 6,987 by about 12.45 pm following the release of better-than-expected job numbers.
Australia’s jobless rate declined from 5.6% to 5.5% in April, beating economists’ expectations, with the number of unemployed people falling by 33,000.
The market was expecting the unemployment rate to remain steady at 5.6% and for 20,000 jobs to be added.