Westgold, Delivering on Exploration - Aiming for Production

Westgold Resources Limited (ASX: WGR) is an emerging Australian gold company focused on the Rover Project, 75km south-west of Tennant Creek in the Northern Territory, which includes the high-grade Rover 1 (Au-Cu) deposit, the Explorer 108 (Pb-Zn-Ag) deposit and numerous copper-gold targets.

The Company has recently established a 1Moz AuEq resource at the Rover 1 Prospect, with substantial drilling underway in 2010 to increase this resource. The Company has an extensive land package (13,000 km2) in this highly prospective and under explored region. Additional advanced prospects include, Explorer 108 (Lead-Zinc-Silver deposit) and Explorer 142 (Gold-Copper prospect) and numerous other untested geophysical targets. Westgold is the first in 25 years to obtain access to conduct exploration at these highly mineralised prospects.

In addition to its exploration projects, Westgold hold a significant stake (19.75%) in Aragon Resources Limited which has an extensive portfolio of gold, uranium and nickel tenements located in Western Australia, including the 1.5Moz Central Murchison Gold Project.