Tag Archives: Westgold

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Westgold to Spin-Out Non-Core Assets to Valiant

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Westgold Resources (ASX | TSX: WGX)

Confirmed that, subject to approval from the Australian Securities Exchange (ASX), it is proceeding with the demerger and an initial public offering of its non-core Reedy’s and Comet assets (Demerger Assets) in the Murchison region of Western Australia to Valiant Gold Limited (Valiant). Continue reading →

Westgold Resumes Mining at Great Fingall

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Westgold Resources (ASX | TSX: WGX)

Has successfully fired the first high-grade stope at its iconic Great Fingall Mine – now accessing virgin areas of the famous gold reef last mined more than a century ago.

Located near the town of Cue in Western Australia, the Great Fingall mine produced an astonishing 1.2Moz of gold between 1891 and 1918. Continue reading →

Murchison Gold Becomes Australia’s Newest Gold Producer

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New Murchison Gold  (ASX: NMG) 

Announced that the first gold bearing ore has been crushed, assayed, and stockpiled at Crown Prince Gold Mine.

The first 10kt parcel of product is being trucked to Westgold Resources’ Bluebird gold processing facility 36km by road. Continue reading →

Westgold 2025 Mineral Resources Estimate and Ore Reserves

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Westgold Resources (ASX / TSX: WGX)

Westgold or the Company) is pleased to provide its updated Mineral Resource Estimate and Ore Reserve Statement calculated as at 30 June 2025.

With current milling capacity of 5.7 Mtpa, Westgold has an estimated Reserve life of approximately 10 years. Continue reading →

Westgold Report Results For The Period Ending 31 March 2025

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Westgold Resources (ASX | TSX: WGX)

Reported record results for the period ending 31 March 2025 (Q3 FY25).

Gold production in Q3 FY25 of 80,107oz Au @ AISC of A$2,829/oz, consistent with the Q2 FY25 production of 80,886oz Au @ A$2,703/oz Gold sales of 78,398oz at an average price of A$4,630/oz, generating revenue of A$363M.

Continue reading →

Westgold Issues Beta Hunt Drilling Update

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Westgold Resources (ASX | TSX: WGX)

Provided an update on resource development drilling activities at the Beta Hunt mine at Kambalda, Western Australia.

This includes further results from Westgold’s inaugural drilling program at the Fletcher Zone and details of planned drilling of the potential southern extension of Fletcher (the Mason Zone target). Continue reading →

 Westgold Group Production Lifts in Q2 FY25

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Westgold Resources (ASX / TSX: WGX)

Provided preliminary production results for Q2, FY25, where Westgold produced 80,886 oz of gold (up from 77,369 oz in Q1, FY25.

Total production for the first half was 158,255 oz with production expected to further increase in H2, FY25, consistent with guidance. Continue reading →

Westgold Announce Crown Prince Ore to Increase Production at Meekatharra

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Westgold Resources (ASX/ TSX: WGX)

Advised it has executed a gold ore purchase agreement between its subsidiary, Big Bell Gold Operations Pty Ltd, and Zeus Mining Pty Ltd, an entity owned by New Murchison Gold Limited (ASX: NMG).

Under the terms of the OPA, Westgold has agreed to purchase between 30,000 and 50,000 tonnes of gold ore per month from NMG’s planned open pit operation at Crown Prince. Continue reading →