Westgold Resources Limited

Westgold Resources Limited (ASX/ TSX: WGX, OTCQX: WGXRF) is undertaking a portfolio asset review and is pleased to provide the summary of a Scoping Study evaluating the potential expansion of the Fortnum Gold Operation, 140km north of Meekatharra in the Murchison Region of Western Australia. 👉 Read the announcement here: https://lnkd.in/g593uFPq.

We are proud to be a finalist for Miner of the Year at the Paydirt Media Pty Ltd #GMJ Gold Miner and Explorer of the Year Awards! While we didn't take home the top prize this year, being recognised among the best in the industry is a tremendous achievement for our team. Over the past 12 months, Westgold has experienced significant growth, solidifying our position as one of Australia’s top 5 gold producers. From the acquisition of Karora Resources and the Beta Hunt mine to continuing to drive innovation and excellence across our operations, this recognition is a testament to the hard work, dedication, and expertise of our entire team. A big congratulations to the winners, Perseus Mining Limited and Turaco Gold. We're excited to see what the future holds for the gold mining sector and look forward to continued success as we build on the momentum of this past year.

Hats off to sustainability! With the help of Loop Upcycling , we’ve transformed old Westgold workwear into hats, teddies and handy washing bags. These products are now available for purchase at Sodexo camp offices across our sites, with a part of the proceeds going to community organisations selected by Loop. We’re dedicated to cutting waste, adding value, and making a difference for the planet and people. 👉 Find out more about our sustainability initiatives in our 2024 Sustainability Report: https://lnkd.in/gbbnUWTD.

Westgold Resources (ASX/TSX: WGX, OTCQX: WGXRF) is pleased to advise 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). 👉 Read the full announcement: https://lnkd.in/gWAjFwpx.

Let's throw it back this Thursday to 1905 with this group portrait of the Great Fingall Consolidated Gold Mines team. Between 1891 and 1929, Great Fingall produced an incredible 1.2 million ounces of gold from just 1.9 million tonnes of ore, with a remarkable recovered grade of 19.5 grams per tonne. All of this was achieved with manual labor and steam power, reaching depths of 789 metres underground. Today, we’re bringing this iconic mine back to life with modern technology. Development is already three months ahead of schedule, and production is set to begin in H2 FY25. Once up and running, Great Fingall will produce over 45,000 ounces of gold each year, continuing its legacy as one of Australia’s most iconic gold mines. 📸 : State Library of Western Australia

💬 "Every plate I serve is made to feel familiar and welcoming. It’s all about creating a space where everyone feels like they’re cared for, even if they’re miles away from home". Meet Madhav – Head Chef at Big Bell! Madhav’s Morsels, who works for Sodexo, ensures Westgold’s Big Bell Camp feels like more than just a workplace. He creates meals that fuel our team and bring a sense of home.

Our MD and CEO, Wayne Bramwell, took to the stage at last week's Paydirt Media Pty Ltd “Gold Unlocked Lunch” to share what’s happening behind the scenes at Westgold. With 21 drill rigs running across our portfolio, and $50 million invested in the Murchison, Wayne highlighted our unwavering focus on extending mine lives and scaling production.

With a landholding spanning 3,200km² across two of the Australia’s greatest gold-producing regions - when it comes to options and opportunities for organic growth, Westgold (ASX, TSX: WGX) truly is spoilt for choice. In FY25 we are investing $50M in our highest value resource development and exploration drilling - and we continue to invest in our talented people too. Last month, we were delighted to announce that Clinton Kuehnapfel accepted the newly created role of Exploration Manager (right), pictured here with Project Geologist, Calvin Jones (left). With our own, expanded underground drill fleet focussed on key projects, our exploration team has a vital role to play in sustaining future production, and maintaining Westgold’s position as one Australia’s top five gold producers.

Westgold Resources (ASX/TSX: WGX) is pleased to report a 107% increase in Ore Reserves at its Bluebird-South Junction mine near Meekatharra, WA. Reserves now total 7.2Mt @ 2.5g/t for 573koz of gold, representing a 400% increase over the past year. 👉 For more details, read the full announcement: https://lnkd.in/gyDx3cqp.

This past weekend, Westgold attended the Strong Minds Strong Mines Corporate Boxing Event, standing alongside industry leaders championing mental health awareness. Through our Strong Minds Strong Mines program, led by Soa Palelei, we’re providing resources, building resilience, and breaking the stigma around mental health in the mining industry.