Westgold Resources (ASX / TSX: WGX)

Provided an update from ongoing resource development drilling at its Bluebird-South Junction mining complex in Meekatharra, Western Australia.

A record Polar Star Lode drill intercept of 13.71m @ 18.02g/t Au – from 563.00m (including 5.85m @ 36.37g/t Au from 567.00m) for 247 gram-metres.

 

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Westgold	ASX / TSX: WGX
Stage	Production + development
Metals	Gold
Market cap	A$2.97  Billion @ A$3.15
Location	Western Australia
Website	www.westgold.com.au

 

Westgold – Polar Star Lode Emerges at Bluebird-South Junction

 

13.71m @ 18.02g/t Au in drill hole 24SJDD028

 

Perth, Western Australia, 4 November 2024: Westgold Resources Limited (ASX: WGX, TSX: WGX, OTCQX: WGXRF) (Westgold or the Company) is pleased to provide an update from ongoing resource development drilling at its Bluebird-South Junction mining complex in Meekatharra, Western Australia.

 

Highlights

Record Polar Star Lode drill intercept of 13.71m @ 18.02g/t Au – from 563.00m
(including 5.85m @ 36.37g/t Au from 567.00m) for 247 gram-metres in hole
24SJDD028

Bluebird – South Junction mining complex continues to extend – with significant
intersections from both the South Junction and Polar Star Lodes including:
 18.00m @ 3.61g/t Au from 737.0m in hole 24SJDD034_W1
 13.00m @ 3.65g/t Au from 385.00m in hole 24SJDD032
 10.80m @ 3.06g/t Au from 835.30m in hole 24SJDD033
 14.58m @ 2.54g/t Au from 531.00m in hole 24SJDD031
 5.80m @ 4.06g/t Au from 666.00m in hole 24SJDD028_W2
Resource development drilling continues – with two surface drill rigs and two
underground drill rigs in operation.

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Updated Mineral Resource Estimate for Bluebird-South Junction pending

 

Further to the ASX announcements of 14 May, 2 July and 5 September 2024, Westgold has continued with the extensional exploration / resource definition drilling program under the historic South Junction and Bluebird open pits at Meekatharra.

The aim of this program, which commenced in mid-January 2024 and to date has totalled some 34,525m of drilling from surface, is to test and define the down-plunge extents of the multiple orebodies.

This system historically produced +1Moz from open pits and is currently being mined
from underground by Westgold.

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Westgold Managing Director and CEO Wayne Bramwell commented:

“The Bluebird-South Junction mine is rapidly becoming the key growth driver of Westgold’s Murchison portfolio.

 

“Our team is mining the Bluebird and South Junction Lodes now and with intercepts like 13.71m @ 18.02g/t Au from the Polar Star Lode we see a third mining opportunity rapidly emerging.

 

“The system remains open and with further drilling Polar Star has the potential to expand mine outputs  towards 1.5Mtpa”.

 

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Disclosure

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

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