Westgold (ASX / TSX: WGX)

Provided an overview of the Beta Hunt mine and update in relation to the ongoing Stage 3 Resource Definition drilling program being undertaken at the Fletcher Zone discovery  within the Beta Hunt operation at the Company’s Southern Goldfields Operations.

 

 

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Westgold Announce Outstanding Drill Results From Fletcher Zone At Beta Hunt – Two additional drill rigs to be deployed to accelerate program

 

Perth, Western Australia, 21 August 2024: Westgold Resources Limited (ASX: WGX, TSX: WGX, OTCQX: WGXRF) (Westgold or the Company) is pleased to provide an overview of the Beta Hunt mine and update in relation to the ongoing Stage 3 Resource Definition drilling program being undertaken at the Fletcher Zone discovery (Fletcher) within the Beta Hunt operation at the Company’s Southern Goldfields Operations.

 

 

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Highlights

Assays from the next 8 holes of the Fletcher Stage 3 program at Beta Hunt
have been received.
Significant intersections include:
 4.00m @ 22.45g/t Au in hole WF440N1-01AR
 5.00m @ 10.95g/t Au in hole WF440N1-21AE
 5.20m @ 10.13g/t Au in hole WF440N1-02AR
 8.00m @ 5.26g/t Au in hole WF440N1-01AR
 7.00m @ 7.97g/t Au in hole WF440N1-21AE
 6.00m @ 6.39g/t Au in hole WF440N1-04AR
 15.00m @ 3.07g/t Au in hole WF440N1-3AR

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Resource Definition program to be accelerated – an additional two drill rigs to
be deployed taking fleet to three at Fletcher.

Maiden Mineral Resource Estimate targeted for late Q2 / early Q3 FY25.

 

 

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Westgold Managing Director and CEO Wayne Bramwell commented:

“The Fletcher Zone is key to expanding gold production at Beta Hunt. It is a proximate, parallel lode to the existing 1.6Moz Western Flanks system and Westgold is currently advancing decline development from Western Flanks towards Fletcher to access a new mining front.

 

“Accelerating drilling will rapidly unlock value at Fletcher. To date Fletcher has only 32 drill holes into this emerging 2km long target and Westgold is now mobilising an additional 2 drill rigs to Beta Hunt to accelerate this program.

 

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Westgold looks forward to expanding production at Beta Hunt and delivering a maiden Mineral Resource Estimate for the emerging Fletcher Zone in late Q2 / early Q3 FY25.”

 

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To read the full news release please click HERE

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To View Westgold’s historical news, please click here

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The live gold price can be found HERE

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Disclosure

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

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