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Ora Gold’s Strategic Ore Purchase Agreement with Westgold

Ora Gold’s Strategic Ore Purchase Agreement with Westgold

Ora Gold Ltd. (AU:NMG) has released an update.

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Ora Gold Ltd. (ASX: NMG) has entered into an Ore Purchase Agreement with Westgold Resources, enabling gold production from its Crown Prince deposit in Western Australia set to begin in mid-2025. The agreement involves transporting ore to Westgold’s Bluebird Gold Processing Plant, with initial production expected to handle 30,000 to 50,000 tonnes per month. This collaboration aims to maximize operational efficiency and is expected to benefit shareholders through a capital-efficient transition to production.

For further insights into AU:NMG stock, check out TipRanks’ Stock Analysis page.

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