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Westgold and NMG Forge Strategic Gold Production Pact

Westgold and NMG Forge Strategic Gold Production Pact

Westgold Resources (AU:WGX) has released an update.

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Westgold Resources has entered an Ore Purchase Agreement with New Murchison Gold, aiming to boost gold production from NMG’s Crown Prince deposit in Western Australia. This strategic partnership will see ore from Crown Prince processed at Westgold’s Bluebird Gold Processing Plant, enhancing both companies’ operations. The agreement awaits shareholder approval and is expected to kick-start production in mid-2025.

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

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