Western Gold Resources Advances Projects and Sells Assets

Western Gold Resources Ltd. (AU:WGR) has released an update.

Western Gold Resources Ltd. has made significant strides in advancing the Gold Duke Project in Australia, reporting an updated mineral resource estimate with promising production and cash flow projections. The company has also sold four Swedish property assets, receiving CAD $180,000 and retaining a 2.0% royalty, allowing them to focus on further exploration activities. These developments highlight the company’s strategic efforts to optimize resources and expand its mining operations.

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