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Western Gold Resources Ltd. ( (AU:WGR) ) has shared an announcement.
Western Gold Resources Limited’s recent quarterly activities report highlights significant advancements at its Gold Duke Project. The company has secured expanded mining approvals, confirmed excellent gold recoveries, and updated the Mineral Resource Estimate for the Gold King deposit. These developments, along with strategic executive appointments, position the company well for transitioning the Gold Duke Project into production. Additionally, the company raised $720,000 through a share placement, enhancing its financial positioning and operational capabilities.
More about Western Gold Resources Ltd.
Western Gold Resources Limited is a company operating in the gold mining industry, focused on the development and production of gold resources. The company’s primary project, the Gold Duke Project, is located within the Joyners Find Greenstone Belt and aims to transition towards production-ready status.
YTD Price Performance: 123.33%
Average Trading Volume: 478,042
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$11.5M
Find detailed analytics on WGR stock on TipRanks’ Stock Analysis page.
