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Stocks of the Hour: VEN, WIA, WSR

Abbey Phillipps from Finance News Network breaks down some stocks making noise in today's ASX trading session.

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Vintage Energy (ASX:VEN) announces the securing of the first gas supply contract for the Odin gas field located in the Cooper Basin. Vintage Managing Director, Neil Gibbins, said โ€œThis agreement expands our production and revenue generating footprint and provides an attractive commercial footing.โ€ Shares are trading 7.81 per cent higher at 6.9 cents.

Wia Gold (ASX:WIA) has announced a maiden mineral resource estimate at Kokoseb of 1.3 million ounces of gold, with significant scope for expansion. Wiaโ€™s Chairman, Andrew Pardey, commented, โ€œโ€œThis resource estimate was delivered only 11 months after the discovery holes and at an outstanding discovery cost of US$2 per ounce.โ€ Shares are trading 34.62 per cent higher at 3.5 cents.

Westar Resources Limited (ASX:WSR) announced that their maiden RC program intersects multiple thick pegmatites at Olga Rocks lithium-gold project in WA. Executive Director Lindsay Franker commented: โ€œFollowing from the success of the maiden RC drilling program, Westar is planning the next phase of drilling, targeting along strike and down dip extensions.โ€ Shares are trading 82.35 per cent higher at 6.2 cents.

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