Westgold Resources wishes to advise pursuant to Listing Rule 3.13.2 that the resolution presented at the General Meeting of Shareholders held today was carried by a poll. In accordance with Listing Rule 3.13.2 and section 251AA of the Corporations Act, the Company advises details of the resolution and the votes received in respect of the resolution are set out in the attached summary. This announcement is authorised for [...]
Westgold Resources is pleased to announce the divestment of the non-core Lakewood Milling Operation to Black Cat Syndicate Ltd. for a total consideration of $85M consisting of $70M in cash and $15M in BC8 scrip . BC8 will also assume approximately $8M in rehabilitation liabilities - please refer to BC8's ASX announcement of 25 February 2025 for further information. The transaction is expected to complete on or before 31 [...]
Westgold Resources Limited - refers to an article published in The Australian Financial Review on 18 February 2025 in respect of the possible divestment of non-core assets. Westgold would like to clarify that, consistent with its strategic portfolio review announced in its December 2024 Quarterly Report dated 23 January 2025 and its September 2024 Quarterly Report dated 31 October 2024, it continues to assess strategic [...]
Westgold Resources is pleased to provide an update on resource development drilling activities at the Beta Hunt mine at Kambalda. 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. Highlights BETA HUNT Additional large, high-grade drilling intervals returned at Fletcher including: 41.00m at 7.99 g/t [...]
PERTH, Western Australia, Feb. 14, 2025 /CNW/ - Westgold Resources Limited - is pleased to report its financial results1 for the half-year ended 31 December 2024. Additional information is provided in the Appendix 4D, FY25 Half Year Financial Results and Management's Discussion and Analysis reports released today. Highlights for H1 FY25 Gold production of 158,255 ounces at AISC of $2,562/oz Revenue up 72% - to $624M [...]
Westgold Resources will lodge its December 2024 Quarterly Report with the ASX on Thursday, 23 January 2025. Westgold advises that Wayne Bramwell, Aaron Rankine, Tommy Heng, Andrew McDougall, Simon Rigby , Mel Wren , and Kaisan Critchell will present the results via webcast on Thursday, 23 January 2025 at 1:15pm AWST / 4:15pm AEDT, followed by a Q&A session. To listen to the Webcast live, please click on the link below and [...]
Westgold Resources is pleased to provide preliminary production results for Q2, FY25. Since merging with Karora Resources in August 2024, Westgold continues to invest in the expanded business and increase quarter on quarter gold production. In Q2, FY25, Westgold produced 80,886 oz of gold. Total production for the first half was 158,255 oz with production expected to further increase in H2, FY25, consistent with guidance [...]
Westgold Resources advises that it has updated two National Instrument 43-101 - Standards of Disclosure of Mineral Projects compliant technical reports titled as follows: NI 43-101 Technical Report, Fortnum Gold Operations, Bryah Goldfields, Western Australia; and NI 43-101 Technical Report, Meekatharra Gold Operations, Murchison Goldfields, Western Australia. The Technical Reports, each dated 18 December 2024 and with [...]
Westgold Resources 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. Scoping Study Summary Scoping Study on the Fortnum Expansion Project has identified a potential 10-year, fully integrated mine plan Including the Starlight, Nathan's and Yarlarweelor open [...]
Westgold Resources is pleased to advise it has executed a gold ore purchase agreement between its subsidiary, Big Bell Gold Operations and Zeus Mining, an entity owned by New Murchison Gold Limited. The OPA remains subject to NMG shareholder approval as Westgold owns 18.7% of NMG and is therefore deemed a related party under the ASX Listing Rules. NMG will seek the requisite approval from its shareholders at a general [...]
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