Westgold Resources Limited June 2025 Quarterly Exploration Results

23.07.2025  |  CNW

82km of drilling and $9M invested in resource development and exploration in Q4, FY25

Westgold Resources Limited (ASX: WGX) (TSX: WGX) – Westgold or the Company) is pleased to announce the results of exploration and resource development activities during Q4 FY25.


Highlights*

- MURCHISON
-- The Starlight mine continues to deliver impressive drilling results from both the Nightfall and Starlight lodes:
-- 10.00m at 26.42g/t Au from 149.00m in NF1050GC01;
-- 4.43m at 264.37g/t Au from 111.00m and 15.15m at 17.11g/t Au from 173.00m in NF1050GC42;
-- 14.05m at 11.43g/t Au from 214.00m in ST825RD06;
- 4.00m at 34.69g/t Au from 180.00m in ST840RD12; and
-- 7.50m at 17.04g/t Au from 123.00m in ST840RD22.

- Exciting results from the emerging Polar Star lode at the Bluebird - South Junction mine include:
-- 3.03m at 157.10g/t Au from 270.00m in 25BLDD001.

- Drilling at the high-grade Great Fingall mine shows the potential of the Golden Crown and Great Fingall Reefs along with that of newer discoveries such as Sovereign:
-- 7.23m at 12.25g/t Au from 312.00m in 24GCDD017;
-- 7.76m at 6.56g/t Au from 312.00m in 24GFDD093; and
-- 15.96m at 23.17g/t Au from 264.00m in 24SVDD038A.

- SOUTHERN GOLDFIELDS
At Beta Hunt, the maiden Mineral Resource Estimate for Fletcher zone Stage 1 exceeded expectations, delivering 2.3Moz from 1km of the known 2km strike

Drilling within the Western Flanks zone at Beta Hunt reinforces Westgold's view of the upside across this under-drilled yet extensive gold system, with exceptional results including:
-- 8.03m at 101.72g/t Au from 8.00m in AWLINKDD-15AG;
-- 55.50m at 4.51g/t Au from 179.00m in AWLINKDD-24AG; and
-- 6.90m at 372.32g/t Au from 8.00m in WWSP4-31AG.

- $9M spent on exploration and resource development in Q4 FY25 - with $43M invested for full FY25.

- 16 underground and 2 surface drill rigs operating.

* True width has not been calculated.


Westgold Managing Director and CEO Wayne Bramwell commented:

"This quarter Westgold completed 82km of drilling and invested $9M in resource development and exploration. The delivery of a maiden Mineral Resource Estimate of 2.3Moz from Stage 1 of the Fletcher Zone at Beta Hunt was a major milestone and double the mid-point of the Stage 1 Exploration Target for Fletcher from just 1km of the known 2km strike length.

The flow of strong drill results from our largest and emerging mines continues and shows the untapped value within our existing Mineral Resource base. The results from Starlight, South Junction, Great Fingall and Beta Hunt are outstanding and continue to build confidence in our portfolio .

Westgold will build on the $43M invested in exploration and resource development in FY25. In FY26 our drill teams will continue to extend mine lives across the portfolio, test our best emerging exploration targets and unlock the inherent value we hold across two of Western Australia's most prolific goldfields."


Overview

In Q4 FY25, Westgold invested $9M in exploration and resource definition across its portfolio. The Company drilled a total of 81,561m, as summarised by the table below.


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https://www.newswire.ca/news-releases/june-2025-quarterly-exploration-results-856783187.html