Westar Resources defines multiple anomalous gold zones at Coolaloo Project

Westar Resources Ltd’s (ASX:WSR) preliminary assessment of the geological and geochemical interpretation of the recently completed air core drilling program at its 100%-owned Coolaloo Project, with gold and multi-element assay results consistent with the known complex regolith environment of Mt Magnet.  The company tested 10 targets hosting coincident auger geochemical anomalies and priority geophysical targets with first-pass blade refusal aircore (AC) drilling.  Six of the drill targets host coincident multi-element and low-level gold anomalism associated with structural trends while an additional target hosts prospective geology.  “Supports prospectivity of Coolaloo tenement package” Westar managing director Karl Jupp said: “The Mt Magnet region is well understood to host a complex regolith with common saprolitic gold depletion and Coolaloo appears to be no exception. “The assay results together with the pathfinder geochemistry supports the current structural interpretations and the prospectivity of the Coolaloo tenement package.” The company will now further refine the geological, structural and geochemical interpretation of the AC drill results and its extensive database of historic soil sampling to define the potential for follow-up, deeper reverse circulation (RC) drill targets. Coolaloo AC drilling max downhole gold Ongoing exploration The recent drilling and bottom of hole multi-element geochemistry has highlighted the importance of structural relationships between NE-SW trending interpreted faults and shears and elevated gold assay grades. Ongoing exploration at the Coolaloo Gold Project will include: A hyperspectral study on selected bottom of hole samples to confirm the presence of hydrothermal alteration minerals and providing vectors to mineralisation; A detailed structural interpretation incorporating the new geochemical data and in the context of regional and known mineralisation models to provide an increasingly robust targeting model; and Target definition and ranking for deeper RC drilling to penetrate below the depleted saprolitic zone and test fresh-rock mineralisation potential.