JUNIORMETRICS
Gold$4,479.95/oz
Silver$66.98/oz
Copper$6.00/lb

Westar Resources Ltd

WSR·$0.00·$3.4M cap
Goldalso:Sandstone / Mt Magnet / Southern Cross / Nullagine Gold Projects (Western Australia, flagship); Bunda Creek Copper Project (Birrindudu Basin, Northern Territory, secondary, survey-stage) Map

Westar Resources Limited (West Perth-headquartered, incorporated 2019) explores for gold across several Western Australian goldfields -- Sandstone, Mt Magnet, Southern Cross and Nullagine, spanning the Pilbara, Murchison and Yilgarn regions -- and, since being granted exploration licence EL34118 in January 2026, for sediment-hosted copper at its Bunda Creek project in the Northern Territory's Birrindudu Basin (~470km southwest of Katherine; ~619km2, plus contiguous application EL34358). In June 2026 Bunda Creek was awarded a $55,689 grant under the NT Government's competitive Geophysics and Drilling Collaborations program (Round 19, one of only 26 successful applicants) to fund a 569km2 aeromagnetic survey -- aimed at mapping basin structure and hydrothermal alteration associated with sediment-hosted copper mineralization -- ahead of future drilling. No NI 43-101/JORC resource estimate has been published for any project; the company remains at early systematic exploration across its portfolio.

Lifecycle Milestones

GrassrootsCurrent
Resource Def.
PEA
PFS
Feasibility
Permitting
Construction
Production
Weak track recordStrong track record
Thin runwayWell-capitalized
9/10
High riskLow risk
How this is calculated
Not enough info
Weaker depositStronger deposit
Not enough info
Weaker profileStronger profile
Price Chart
$0.004$0.005$0.005$0.005$0.004AugNovFebJunSep
Aug 12, 2025Sep 4, 2026
News
$0.00
+22%from low-39%from high
$0.00$0.01
$3.4M
Far belowFar above
$29.1M median
Price (USD - Local)
$0.00 - AUD 0.01
Cash Position (USD)
This company's data hasn't been researched yet
Debt (USD)
This company's data hasn't been researched yet
$3.4M
Far belowFar above
$27.1M median
808M
Far aboveFar below
172.1M median
Jurisdiction
Australia
This company's data hasn't been researched yet
This company's data hasn't been researched yet
This company's data hasn't been researched yet
N/A -- grassroots exploration, no active mine
This company's data hasn't been researched yet
This company's data hasn't been researched yet
Not enough peer data yet
This company's data hasn't been researched yet
Not enough peer data yet
This company's data hasn't been researched yet
36.6%
0%100%
19.1% median
This company's data hasn't been researched yet
This company's data hasn't been researched yet
This company's data hasn't been researched yet
This company's data hasn't been researched yet
This company's data hasn't been researched yet
This company's data hasn't been researched yet
Acquisition Susceptibility
4.6/10
Unlikely bolt-onFits the takeout profile

A relative ranking of how closely this company matches the profile of juniors that have actually been acquired — not a probability, and not a reason to buy. Acquisitions are rare: only a few dozen significant deals happen a year across a universe of thousands of juniors, so even a high score here describes a long shot. The strongest signal the underlying research identifies — whether a major already holds a JV, earn-in, or 5–19.9% strategic stake — isn't tracked yet and is absent from this score.

Overall Score Trend

Trend data collecting — check back after a few more refreshes.

Your Rankings

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Management Team

Non-Executive Director of Westar Resources Ltd, appointed March 2025 alongside Eddie King following Simon Eley's and Chris Newman's departures from the board.

Non-Executive Director and Company Secretary of Westar Resources Ltd, appointed 27 May 2026, replacing Ben Donovan in both roles. Chartered Accountant and graduate of the Australian Institute of Company Directors with more than 15 years' experience across company-secretarial, corporate-advisory and financial-management roles in the ASX-listed environment.

Non-Executive Chairman of Great Northern Minerals Ltd. (ASX: GNM) and Non-Executive Director of Westar Resources Ltd. (ASX: WSR, appointed March 2025 alongside Ashley Hood following Simon Eley's and Chris Newman's departures from the board; has exercised executive duties on WSR's board pending a permanent CEO appointment, with no CEO named since Jason Boladeras' March 2025 resignation) -- a real, disclosed concurrent directorship across both small-cap ASX boards, not a name collision. Holds a Bachelor of Commerce and Bachelor of Engineering (Mining Systems) from the University of Western Australia. Previously a manager for an investment banking firm specialising in technical and financial analysis of bulk commodity and other resource projects for investment and acquisition, and a corporate adviser/representative for a stockbroking firm managing capital raisings and originating acquisitions for ASX-listed companies. Currently a Director of CPS Capital Group. Other current board seats: Executive Chairman of Rubix Resources Ltd. (ASX: RB6), Executive Director of Ragnar Metals Ltd. (ASX: RAG), Non-Executive Chairman of Bindi Metals Ltd. (ASX: BIM) and Eastern Resources Ltd. (ASX: EFE), and Non-Executive Director of M3 Mining Ltd. (ASX: M3M) and Queensland Pacific Metals Ltd. / QPM Energy Ltd. (ASX: QPM). Formerly a director of Lindian Resources Ltd. (ASX: LIN), Bowen Coking Coal Ltd. (ASX: BCB), Axxis Technology Group Ltd. (ASX: AYG, renamed ECS Botanics Ltd., ASX: ECS), European Cobalt Ltd. (ASX: EUC, renamed Aston Minerals Ltd., ASX: ASO), Six Sigma Metals Ltd. (ASX: SI6), and Sultan Resources Ltd. (ASX: SLZ). Independently confirmed via WSR's, GNM's, and a third company's (Ragnar Metals Ltd.) own current board pages to be the same individual -- Ragnar Metals' own page explicitly names both Westar Resources and Great Northern Minerals side by side as his current seats. Previously recorded as two separate Person records ("Eddie King" at WSR, "Ariel (Eddie) King" at GNM) in this database until merged (Task #777).

Insiders, Investors & Smart Money

Notable shareholders and insiders whose involvement is worth knowing about, plus what we're seeing from institutional/large-investor activity.

Smart money
1/10

Checked directly against the company's own site, which is live. No producer, specialist fund or named institution holds a disclosed position, and there are no insider trading records in our data.

No notable insiders tracked for this miner yet.

Reports, Presentations & Documents

Technical Report Takeaways

We haven't parsed this company's PEA/PFS/FS recommendations yet — cut-off grade, mine life, DCF/NPV, and the report's own next-steps guidance are a planned research pass, not live data for every company yet.