Western Gold Resources Ltd. (AU:WGR) has released an update.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Western Gold Resources Ltd. has announced an updated Mineral Resource Estimate for its Gold King deposit, part of the Gold Duke Project in Western Australia. The revised estimate reveals an Indicated Resource of 16,000 ounces of gold, contributing to a total of 214,000 ounces across the project, enhancing the company’s confidence in advancing towards production. The update underpins ongoing technical and economic studies, with market updates expected as discussions on gold processing and mining contractors progress.
For further insights into AU:WGR stock, check out TipRanks’ Stock Analysis page.