Westgold Resources (AU:WGX) has released an update.
Westgold Resources Limited has reported substantial growth in its gold reserves and resources as of 30 June 2024, with total Mineral Resource Estimate at 179Mt with 13.2Moz of gold and Ore Reserves at 50Mt with 3.3Moz. This marks a 60% and 69% year-on-year increase in Mineral Resources and Ore Reserves, respectively, largely due to successful exploration investments and a strategic merger. The company has emphasized the expansion of its Murchison mines and the integration of Southern Goldfields assets, alongside ongoing extensive drilling operations.
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