Westgold Resources (ASX | TSX: WGX)

Reported the results of a Scoping Study assessing a brownfields expansion of processing capacity at the Meekatharra hub from 1.8Mtpa to 2.9Mtpa (Meekatharra Expansion Plan or MXP).

 

 

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	Westgold	ASX / TSX: WGX
	Stage	Production + development
	Metals	Gold
	Market cap	A$6.18 Billion @ A$6.52
	Location	Western Australia
	Website	www.westgold.com.au

 

 

Westgold to Expand the Meekatharra Processing Hub

 

 

 

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Westgold Resources Limited (ASX | TSX: WGX, Westgold or the Company) is pleased to report the results of a Scoping Study assessing a brownfields expansion of processing capacity at the Meekatharra hub from 1.8Mtpa to 2.9Mtpa (Meekatharra Expansion Plan or MXP).

The study outlines a potential capital-efficient pathway to process additional emerging ore supply, lift future gold production, reduce processing unit costs and improve cash generation, subject to completion of feasibility-level technical, economic and
approvals work.

MXP is being advanced as a low-capital-intensity, brownfields expansion option that leverages Westgold’s existing Meekatharra infrastructure and long-lead equipment already procured.

The preferred pathway is intended to remove an emerging processing constraint and create a larger, more flexible platform for the Murchison ore base, without the cost, risk or timeframe of constructing a new standalone processing plant.

 

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Processing Expansion to 2.9Mtpa

The MXP Scoping Study outlines a capital-efficient pathway to increase Meekatharra hub throughput capacity from 1.8Mtpa to 2.9Mtpa in FY28, potentially adding approximately 47kozpa of gold production once commissioned.

The MXP comprises installation of a parallel crushing and single-stage SAG milling circuit integrated with the existing downstream leach, adsorption and gold recovery infrastructure.

 

 

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Westgold Managing Director and CEO Wayne Bramwell commented:

“Meekatharra is the growth engine of Westgold’s Murchison business. As Bluebird–South Junction continues to expand and the Murchison open pit program ramps up, the hub is increasingly moving from being mine-constrained to processing-constrained.

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“The MXP is a capital-efficient brownfields expansion option to address this emerging constraint.

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“It utilises existing infrastructure and long-lead equipment already procured to increase processing capacity from 1.8Mtpa to 2.9Mtpa, without the capital intensity, execution risk or timeframe of building a new plant.

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“The MXP provides a pathway to unlock emerging ore supply, increase gold production, reduce processing unit costs and lift free cash flow.

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“Westgold will now commence feasibility-level work to confirm the engineering, capital estimate, delivery schedule and ore source assumptions ahead of a potential MXP investment decision in late FY27.”

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To read the full news release please click HERE

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Disclosure

At the time of writing the author holds shares in Westgold.

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