March 2025 Quarterly Exploration Results
Released
Released
Announcement PDF
ASX Announcement
30 April 2025
March 2025 Quarterly Exploration Results
83km of drilling and $11M invested in resource development and exploration in Q3, FY25
Perth, Western Australia, 30 April 2025: Westgold Resources Limited (ASX | TSX: WGX – Westgold or the
Company) is pleased to announce the results of Westgold’s exploration and resource development activities
during Q3 FY25.
Highlights
MURCHISON
At Bluebird-South Junction, the key production growth driver in the Murchison, new drilling results include:
■
8.11m at 12.66 g/t Au from 166.00m in 24BLDD203A, 6.72m at 8.30 g/t Au from 163.00m in
24BLDD205 and 6.57m at 9.41 g/t Au from 170.00m in 24BLDD208
The high-grade Nightfall orebody within the Starlight UG continues to deliver consistently strong results, with
many showing grades and widths exceeding those modelled in the current mine plan, including:
■
25.00m at 17.66g/t Au from 169.00m in NF1090GC14, 15.47m at 23.53g/t Au from 82.00m in
NF1120GC100 and 9.47m at 25.56g/t Au from 68.00m in NF1120GC89
Drilling at the Fender UG mine shows the potential of this system with the most promising this quarter being:
■
3m at 9.42g/t from 90m in 24FNDD0060 and 15.92m at 2.07g/t from 93m in 24FNDD0067
SOUTHERN GOLDFIELDS
At Beta Hunt, the Western Flanks zone (the current major ore source at Beta Hunt) continues to demonstrate
its class with:
■
22.00m at 4.69g/t Au from 134.00m in AWSP310-04AG
Stage 1 drilling of the Fletcher Zone (exploration target of between 0.8 and 1.2Moz) continues to deliver
encouraging drilling results, including:
■
63.00m at 3.62g/t Au from 324.00m in WF490DD-51AE and 45.50m at 2.23g/t Au from 746.00m in
WF440DD-37AE
20 priority Greenfields Exploration targets identified - in major review completed across the combined
~3,200km2 tenure package. Drill testing commenced in Q3 and will accelerate into Q4 FY25 and Q1 FY26.
$11M spent on exploration and resource development in Q3 FY25 - with $34M invested FY to date
17 drill rigs operating at end of the quarter
Westgold Resources Limited
ABN 60 009 260 306
ASX | TSX: WGX
T: +61 8 9462 3400
E: perth.reception@westgold.com.au
W: westgold.com.au
Level 6, 200 St Georges Terrace
Perth WA 6000
PO Box 7068, Cloisters Square WA 6850
Westgold Managing Director and CEO Wayne Bramwell commented:
“Westgold’s exploration strategy across our portfolio has two prime objectives – to expand our existing larger
mines (by resource development and conversion) and to define the next suite of organic assets (exploration)
that will become mines.
Drilling across the Murchison and the Southern Goldfields has already delivered significant resource growth at
Starlight and Bluebird-South Junction over the last 12 months. Drilling this quarter focussed on definition of the
high-grade Nightfall zone, outside of the current mine plan at Fortnum; increasing data density ahead of the
mining front at Bluebird-South Junction at Meekatharra; defining mineralised extensions such as Sovereign at
Great Fingall in Cue; and completing the resource definition drill program for Stage 1 of the Fletcher exploration
target at Beta Hunt.
The organic potential of this portfolio is immense. Westgold is well funded, systematic and focussed on
expanding the assets that can deliver higher quality mine outputs, reduce our cost base and enhance our
production profile."
March 2025 Quarterly Exploration Results
2
Overview
In Q3 FY25, Westgold invested $11M in exploration and resource definition across its portfolio. The Company
drilled a total of 82,898m, as summarised by the table below.
Table 1:
Region
Murchison
Southern Goldfields
Group Drilling Statistics - Q3 FY25
Diamond (m)
44,766
28,134
RC Drilling (m)
4,060
4,039
Total (m)
50,725
32,173
AC Drilling (m)
1,899
0
Exceptional intercepts returned this quarter from drilling activities are listed below:
Table 2:
Lode
Exceptional drilling intercepts returned in Q3 FY25 (+100 gram metre intervals)
Hole
Collar N
Collar E
Collar
RL
Intercept (Downhole)
From
(m)
Dip
Azi
Total
Length
(m)
Gram
metres
NF1090GC14
NF1120GC100
NF1120GC89
NF1120GC107
NF1120GC86
NF1095RD09
NF1120GC106
NF1120GC97
NF1120GC96
NF1120GC78
NF1120GC92
NF1090GC15
NF1090GC11
7,198,857
7,199,083
7,199,082
7,199,023
7,199,082
7,198,923
7,199,084
7,199,057
7,199,056
7,199,110
7,199,057
7,198,857
7,198,857
636,492
636,529
636,528
636,515
636,528
636,596
636,530
636,517
636,517
636,569
636,518
636,493
636,493
86
119
119
118
119
91
120
118
118
119
118
86
87
25.00m at 17.66g/t Au
15.47m at 23.53g/t Au
9.47m at 25.56g/t Au
2.56m at 73.39g/t Au
9.25m at 14.57g/t Au
13.80m at 9.73g/t Au
3.00m at 41.49g/t Au
20.36m at 6.03g/t Au
5.68m at 20.09g/t Au
9.60m at 11.64g/t Au
14.00m at 7.62g/t Au
11.00m at 9.39g/t Au
6.50m at 15.48g/t Au
169.00
82.00
68.00
9.00
65.00
250.00
0.00
64.00
57.00
47.00
66.00
147.00
125.00
-37
-45
-47
-20
-58
-50
-15
-61
-45
-60
-58
-39
-17
5
60
109
54
77
334
106
94
109
65
73
11
29
218
116.4
103.8
15
141
332.9
71.7
101.9
79.5
140.7
100
179.4
133.7
442
364
242
188
135
134
124
123
114
112
107
103
101
WF490DD-51AE
WF440DD-37AE
6,543,672
6,543,647
374,950
375,059
-484
-433
63.00m at 3.62g/t Au
45.50m at 2.23g/t Au
324.00
746.00
-56
-47
228
191
228
101
AWSP310-04AG
6,544,479
374,596
-306
22.00m at 4.69g/t Au
134.00
-9
205
744.83
852
166.8
24BLDD203A
7,043,920
641,572
47
8.11m at 12.66 g/t Au
166.00
-59
107
204.51
103
Nightfall
Nightfall
Beta Hunt
Fletcher
Western
Flanks
Bluebird
Bluebird
103
Westgold had 16 underground drill rigs and 1 surface drill rig operating at the end of the quarter. The surface
drill was operating at Peak Hill and the underground rigs were operating at Starlight (3), Bluebird (2), Great
Fingall (3), Beta Hunt (7) and Two Boys (1).
March 2025 Quarterly Exploration Results
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Murchison
Westgold drilled 50,725m in the Murchison in Q3 FY25.
Figure 1:
Murchison location map
Resource Development Activities
Starlight (Fortnum)
At Fortnum, the focus on defining the high-grade Nightfall Zone ahead of mining activities continued. A large
volume of high-grade results in areas set to be mined in CY25 have been assessed, with many showing grades
and widths exceeding those modelled in the current mine plan.
Some of the more exceptional result returned this quarter include:
9.47m at 25.56g/t Au from 68.00m in NF1120GC89;
15.47m at 23.53g/t Au from 82.00m in NF1120GC100; and
25.00m at 17.66g/t Au from 169.00m in NF1090GC14.
March 2025 Quarterly Exploration Results
4
The Starlight underground mine continues to outperform expectations, and the latest quarter of drilling results
suggest this trend will continue.
Figure 2:
Starlight schematic long-section showing better drill results returned in Q3 FY25.
In December 2024, Westgold announced the results of a Scoping Study on the Fortnum Expansion Project (FXP)
which detailed the viability of an expanded Fortnum Gold Operation at an increased milling rate of 1.5 Mtpa
over a ten year life 1. The subsequent Pre-Feasibility study has progressed through the detailed pit design and
scheduling stage which now contemplates open pit mining progressing as part of a larger, Murchison-wide
open pit mining campaign.
Drilling programs to bring this phase of the work to a decision point are currently being designed, and the
necessary permitting and infrastructure works are being progressed.
A drill platform in the upper levels of the Starlight underground mine is also in the planning stage. This platform
is being designed to enable increased production out of the existing Starlight underground mine and de-risking
the deeper portion of the Starlight open pit contemplated by the FXP.
It is anticipated that development of this platform will commerce in Q4 FY25.
1
Refer ASX 17 December 2024 - Fortnum Expansion Study
March 2025 Quarterly Exploration Results
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Bluebird-South Junction (Meekatharra)
Following on from the large increases in Mineral Resources 2 and subsequent increase in Ore Reserves 3 for
Bluebird - South Junction during Q2 FY25, Westgold has focussed ongoing drilling works to support the
execution of the greater Bluebird - South Junction mine plan.
Drilling in Q3 FY25 was directed towards providing increased definition ahead of the mining front. Better results
from this program include:
8.11m at 12.66 g/t Au from 166.00m in 24BLDD203A;
6.72m at 8.30 g/t Au from 163.00m in 24BLDD205; and
6.57m at 9.41 g/t Au from 170.00m in 24BLDD208.
Figure 3:
Bluebird-South Junction schematic long-section showing select near mine drill results in Q3 FY25.
65% increase in Measured and Indicated Resources against the June 2024 Mineral Resource Estimate - Refer ASX 18 November 2024 - Bluebird South Junction Mineral Resource Grows to 1.4Moz
2
3
Refer ASX 4 December 2024 - Westgold Doubles Bluebird - South Junction Ore Reserve
March 2025 Quarterly Exploration Results
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Fender (Cue)
At Cue, increasing outputs from the upper levels of the Big Bell cave has allowed Westgold to focus drilling
resources on the satellite Fender mine and on building geological understanding at the high-grade Great Fingall
mine.
At Fender, drilling outcomes have been consistent with expectations, with results such as the following being
amongst the standouts:
3m at 9.42g/t from 90.00m in 24FNDD0060; and
15.92m at 2.07g/t from 93.00m in 24FNDD0067.
Figure 4:
Fender schematic long-section showing better drill results returned in Q3 FY25.
March 2025 Quarterly Exploration Results
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Great Fingall (Cue)
The application of additional drilling resources at Great Fingall has allowed the testing of areas such as
Sovereign Extensions, which currently lie outside of the existing mine plan. This initiative also supports the
ongoing definition of the Great Fingall Reef itself.
Results such as those listed below from Sovereign and in what was a previously unrecognised lode are
indicative of the upside potential at this historical +1Moz producer:
19.45m at 2.16g/t Au from 155.00m; and
5.7m at 8.25g/t Au from 270.00m in 24SVDD036 at Sovereign; and
0.71m at 55.50g/t Au from the collar in 24SHDD031A.
In the Great Fingall Reef, results like 3.60m at 8.13g/t Au from 176.00m in 24GFDD116 allude to the impact
that Great Fingall production is likely to have on overall head grade through the Tuckabianna mill.
Figure 5:
Great Fingall schematic oblique-section looking North (select drill results from Q3 FY25.
March 2025 Quarterly Exploration Results
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Cuddingwarra (Cue)
The evaluation of large-scale open pit opportunities continue at Cuddingwarra.
As part of the portfolio optimisation, initial evaluations of the district-scale resource model amalgamation were
undertaken during the quarter. This first pass evaluation was compelling and encouraged Westgold to move to
the next phase which will include endowment modelling of the district. This will in-turn drive another suite of
pit evaluations to help Westgold determine the upper limits of potential for the project. With the completion of
this work, the Company will have a clear pathway to bring the project to an Investment Decision.
Greenfields Exploration Activities
Greenfields activities in the Murchison included the completion of a major target review and prioritisation
program across the ~ 1,200km2 portfolio, completion of the Five Ways South Reverse Circulation (RC) drill
program at Peak Hill (Fortnum), which had commenced in late Q2 FY25, and commencement of the Murphy
Creek Aircore (AC) drilling program at Peak Hill (Fortnum).
Exploration Target Review and CY25 Prioritisation
Post completion of the merger with Karora Resources on 1 August 2024, which resulted in the exploration
tenure portfolio increasing from ~1,200km2 to ~3200km2 (combined Murchison and Southern Goldfields), the
expanded exploration team completed a full review of the target pipeline and agreed the top 10 targets in each
of the Murchison and Southern Goldfields regions.
While this work delayed some planned drill programs, it has built confidence in the target pipeline for CY25.
The resultant priority targets for the Murchison are shown in Figure 6.
March 2025 Quarterly Exploration Results
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Figure 6:
Murchison priority Greenfields exploration targets for CY25.
Peak Hill – Five Ways South RC Program
During the quarter, the Five Ways South RC program at Peak Hill was completed with an additional 15 holes for
4,047m drilled. This program targeted potential analogous lithostructural positions south of the historic Five
Ways open pit mine which produced 6.57Mt @ 3.07g/t Au for 649Koz.
March 2025 Quarterly Exploration Results
10
Assay results for the program provided valuable insights, with two holes returning ore grade intersections
including (see Appendix A for details):
5.00m @ 5.79g/t Au from 144.00m in hole 25PKRC013; and
3.00m @ 11.04g/t Au from 146.00m in hole 25PKRC015.
These results indicate potential, and a full analysis of the results is underway with a decision pending potential
follow-up drill programs.
Peak Hill - Murphy Creek AC Program
The Murphy Creek drill program commenced late in the month with 28 holes for 1,899m drilled by 31 March.
The program is testing identified targets along strike to the northwest of the Company’s Durack deposit which
currently hosts an Indicated and Inferred Resource of 2.9Mt @ 1.2g/t Au for 111Koz4. This potential strike
extension has not previously been effectively tested due to the presence of very shallow Bryah Basin volcanic
“cover”.
The program is yet to be completed, and all assay results were pending at the end of the quarter.
Figure 7:
4
Greenfields Aircore drilling at the Peak Hill - Murphy Creek target March 2025.
Refer to ASX announcement titled “2024 Mineral Resource Estimate and Ore Reserves – Updated” – 23 September 2024
March 2025 Quarterly Exploration Results
11
Southern Goldfields
Westgold drilled 32,173m in the Southern Goldfields in Q3 FY25.
Figure 8:
Southern Goldfields Location Map
Resource Development activity
Beta Hunt (Kambalda)
Seven drill rigs have remained active this quarter at Beta Hunt, extending and refining the Mineral Resource
base to support future production growth at the mine.
The Fletcher Stage 1 Exploration Target 5 resource definition program is nearing completion, with the drilling of
the final holes having commenced at the end of the quarter. Results have steadily returned, and the Company
expects to compile an initial Mineral Resource Estimate for Fletcher Stage 1 by the end of FY25.
5
Refer to ASX announcement titled “Fletcher Exploration Target Defined at 1.6 - 2.1Moz Au” – 16 September 2024
March 2025 Quarterly Exploration Results
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Notable results this quarter include:
45.50m at 2.23g/t Au from 746.00m in WF440DD-37AE; and
63.00m at 3.62g/t Au from 324.00m in WF490DD-51AE.
Figure 9:
Fletcher schematic cross-section: select drill results returned during Q3 FY25.
Significant results continue to emerge from Western Flanks, the primary source of production at Beta Hunt,
illustrating the scale of the orebody and suggesting its potential for future production, including:
21.00m at 2.82g/t Au from 130.00m in AWSP310-02AG; and
22.00m at 4.69g/t Au from 134.00m in AWSP310-04AG.
March 2025 Quarterly Exploration Results
13
Figure 10:
Beta Hunt FY25 Life of Mine plan schematic long-section: select drill results returned in Q3 FY25.
Higginsville
At Higginsville, Westgold has quickly moved its first Southern Goldfields open pit project to the execution
phase. The project reached this stage after completing resource definition, grade control works, design and
evaluations, and establishing a commercial agreement with an open pit contract miner.
The open pit contractor has mobilised and first ore production from the Atreides, Harkonnen and Bridgette
open pits was achieved in April 2025.
This quarter saw continued progress on developing the Higginsville Line of Lode underground targets. Planning
and evaluation efforts have progressed, allowing for the determination of the mine execution sequence.
Current efforts are concentrated on defining the technical work program necessary to mitigate risks associated
with any investment decision.
March 2025 Quarterly Exploration Results
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Greenfields Exploration Activities
Greenfields exploration activities in the Southern Goldfields included the completion of a major target review
and prioritisation program across the ~ 2,000km2 portfolio along with receipt and review of the assay results for
the Erin and Bandido RC drill programs completed in Q2 FY25, ongoing geophysical and geochemical
exploration programs, and the commencement of Aboriginal Heritage surveys over priority drill targets.
Exploration Target Review and CY25 Prioritisation
As described in the Murchison section above, the same target review and prioritisation exercise was completed
in the Southern Goldfields during the quarter with the resultant priority targets shown on Figure 11.
Figure 11:
Southern Goldfields priority Greenfields exploration targets for CY25.
March 2025 Quarterly Exploration Results
15
Higginsville - Erin RC Drill Program Results
The final assay results for the Erin RC Drill Program completed at Higginsville in Q2 FY25 were received during
the quarter with analysis and interpretation completed. A total of 15 holes returned assays of interest, with the
best intersections being (see Appendix A for details):
9.00m @ 5.21g/t Au from 93.00m in hole KXRC0467;
2.00m @ 18.70g/t Au from 87.00m in hole KXRC0467;
10.00m @ 1.67g/t Au from 102m in hole KXRC0461; and
1.00m @ 14.90g/t Au from 62.00m in hole KXRC0467.
The best results were related to mineralised structures and veining proximal to lithological contacts between
gabbro/dolerite/basalt/porphyry units. These units were observed to be the most brittle of the units
encountered and most susceptible to dilation and thus are more favourable for mineralised fluids. Gold
mineralisation is very nuggety making interpretation difficult, but further work is underway, particularly around
the potential of an identified porphyry unit that has potential to the north.
Higginsville - Bandido RC Drill Program Results
The final assay results for the Bandido RC program completed at Higginsville in Q2 FY25 were received during
the quarter, with analysis and interpretation completed. Assay results for the program did not warrant further
investigation, and so no further work is currently planned for this target.
Beta Hunt – Mason Target
Since acquiring Beta Hunt, the Company has been compiling and reinterpreting the available extensive
historical drilling information with the aim of building a new comprehensive 3D geological model of the entire
Beta Hunt sub-lease area 6. While this work is well advanced, a significant number of historical Western Mining
Corporation (WMC) nickel drill holes that have never been assayed for gold were identified. These drill holes
represent an outstanding exploration data source that Westgold has commenced re-logging and assaying for
gold in key areas within the sub-lease boundary to allow completion of the new 3D model.
During the 3D model building process, the significance of the Mason Target was highlighted and is now
interpreted to be the southern extension of the Fletcher Zone, south of the Alpha Island Fault (AIF) (Figure
12). This is consistent with the known movement on this important fault where the Larkin Zone is
interpreted to be the southern continuation of Western Flanks.
The Mason Target, which is interpreted to be ~1.8km long, has been intersected by a modest number of
historical drill holes with most of these in a fan at the northern end of the zone, proximal to the AIF. The
identified historical drill holes at Mason have returned some outstanding gold intersections which are shown
on Figure 12 and detailed in the ASX Release of 18 February.
First pass drill testing of the Mason target is scheduled for Q1 FY26 and will comprise 9 diamond drill holes for
~6,000m.
6
ASX Release 18 February 2025 - Beta Hunt Drilling Update – Fletcher Drill Results Continue to Impress and Mason Intrigues
March 2025 Quarterly Exploration Results
16
Figure 12:
Beta Hunt - Location of the Mason Exploration Target and significant historical drill intersections in
plan view (refer to the ASX Release of 18 February 2025 for drilling details).
March 2025 Quarterly Exploration Results
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Compliance Statements
Exploration Targets, Exploration Results, Mineral Resources and Ore Reserves
The information in this report that relates to Mineral Resources is compiled by Westgold technical employees and
contractors under the supervision of the General Manager of Technical Services, Mr. Jake Russell B.Sc. (Hons), who is a
member of the Australian Institute of Geoscientists and who has verified, reviewed, and approved such information. Mr
Russell is a full-time employee to the Company and has sufficient experience which is relevant to the styles of
mineralisation and types of deposit under consideration and to the activities which he is undertaking to qualify as a
Competent Person as defined in the 2012 Edition of the Australasian Code for Reporting of Exploration Results, Mineral
Resources and Ore Reserves (the “JORC Code”) and as a Qualified Person as defined in the CIM Guidelines and National
Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101”). Mr. Russell is an employee of the
Company and, accordingly, is not independent for purposes of NI 43-101. Mr Russell consents to and approves the
inclusion in this report of the matters based on his information in the form and context in which it appears. Mr Russell is
eligible to participate in short- and long-term incentive plans of the Company.
The information in this report that relates to Ore Reserve Estimates is based on information compiled by Mr. Leigh Devlin,
B. Eng MAusIMM, who has verified, reviewed and approved such information. Mr. Devlin has sufficient experience which
is relevant to the styles of mineralisation and types of deposit under consideration and to the activities which they are
undertaking to qualify as a Competent Person as defined in the JORC Code and as a Qualified Person as defined in the
CIM Guidelines and NI 43-101. Mr. Devlin is an employee of the Company and, accordingly, is not independent for
purposes of NI 43-101. Mr. Devlin consents to and approves the inclusion in this report of the matters based on his
information in the form and context in which it appears. Mr. Devlin is a full time senior executive of the Company and is
eligible to, and may participate in short-term and long-term incentive plans of the Company as disclosed in its annual
reports and disclosure documents.
The information in this report that relates to Exploration Targets and Results is compiled by the Westgold Exploration
Team under the supervision of Chief Growth Officer, Mr. Simon Rigby B.Sc. (Hons), who is a member of the Australian
Institute of Geoscientists and who has verified, reviewed, and approved such information. Mr Rigby is a full-time
employee of the Company and has sufficient experience which is relevant to the styles of mineralisation and types of
deposit under consideration and to the activities which he is undertaking to qualify as a Competent Person as defined in
the JORC Code and as a Qualified Person as defined in the CIM Guidelines and NI 43-101. Mr. Rigby is an employee of
the Company and, accordingly, is not independent for purposes of NI 43-101. Mr Rigby consents to and approves the
inclusion in this report of the matters based on his information in the form and context in which it appears. Mr Rigby is
eligible to participate in short-term and long-term incentive plans of the Company.
Mineral Resources, Ore Reserve Estimates and Exploration Targets and Results are calculated in accordance with the
JORC Code. Investors outside Australia should note that while Ore Reserve and Mineral Resource estimates of the
Company in this report comply with the JORC Code (such JORC Code-compliant Ore Reserves and Mineral Resources
being "Ore Reserves" and "Mineral Resources" respectively), they may not comply with the relevant guidelines in other
countries. The JORC Code is an acceptable foreign code under NI 43-101. Information contained in this announcement
describing mineral deposits may not be comparable to similar information made public by companies subject to the
reporting and disclosure requirements of US securities laws, including Item 1300 of Regulation S-K. All technical and
scientific information in this release has been prepared in accordance with the Canadian regulatory requirements set
out in NI 43-101 and has been reviewed on behalf of the Company by Qualified Persons, as set forth above.
This report contains references to estimates of Mineral Resources and Ore Reserves. The estimation of Mineral
Resources is inherently uncertain and involves subjective judgments about many relevant factors. Mineral Resources
that are not Ore Reserves do not have demonstrated economic viability. The accuracy of any such estimates is a function
of the quantity and quality of available data, and of the assumptions made and judgments used in engineering and
geological interpretation, which may prove to be unreliable and depend, to a certain extent, upon the analysis of drilling
results and statistical inferences that may ultimately prove to be inaccurate. Mineral Resource estimates may require
re-estimation based on, among other things: (i) fluctuations in the price of gold; (ii) results of drilling; (iii) results of
metallurgical testing, process and other studies; (iv) changes to proposed mine plans; (v) the evaluation of mine plans
subsequent to the date of any estimates; and (vi) the possible failure to receive required permits, approvals and licenses.
March 2025 Quarterly Exploration Results
18
Technical reports
NI 43-101 compliant technical reports for each of Fortnum, Meekatharra, Cue, Beta Hunt and Higginsville operations are
available under the Company’s SEDAR+ profile at www.sedarplus.ca and the Company’s website at
www.westgold.com.au.
Forward Looking Statements
These materials prepared by Westgold Resources Limited (or the “Company”) include forward looking statements.
Often, but not always, forward looking statements can generally be identified by the use of forward looking words such
as “may”, “will”, “expect”, “intend”, “believe”, “forecast”, “predict”, “plan”, “estimate”, “anticipate”, “continue”, and
“guidance”, or other similar words and may include, without limitation, statements regarding plans, strategies and
objectives of management, anticipated production or construction commencement dates and expected costs or
production outputs.
Forward looking statements inherently involve known and unknown risks, uncertainties and other factors that may cause
the Company’s actual results, performance, and achievements to differ materially from any future results, performance,
or achievements. Relevant factors may include, but are not limited to, changes in commodity prices, foreign exchange
fluctuations and general economic conditions, increased costs and demand for production inputs, the speculative
nature of exploration and project development, including the risks of obtaining necessary licenses and permits and
diminishing quantities or grades of reserves, political and social risks, changes to the regulatory framework within which
the Company operates or may in the future operate, environmental conditions including extreme weather conditions,
recruitment and retention of personnel, industrial relations issues and litigation.
Forward looking statements are based on the Company and its management’s good faith assumptions relating to the
financial, market, regulatory and other relevant environments that will exist and affect the Company’s business and
operations in the future. The Company does not give any assurance that the assumptions on which forward looking
statements are based will prove to be correct, or that the Company’s business or operations will not be affected in any
material manner by these or other factors not foreseen or foreseeable by the Company or management or beyond the
Company’s control.
Although the Company attempts and has attempted to identify factors that would cause actual actions, events or results
to differ materially from those disclosed in forward looking statements, there may be other factors that could cause
actual results, performance, achievements or events not to be as anticipated, estimated or intended, and many events
are beyond the reasonable control of the Company. In addition, the Company’s actual results could differ materially
from those anticipated in these forward looking statements as a result of the factors outlined in the “Risk Factors”
section of the Company’s continuous disclosure filings available on SEDAR+ or the ASX, including, in the company’s
current annual report, half year report or most recent management discussion and analysis.
Accordingly, readers are cautioned not to place undue reliance on forward looking statements. Forward looking
statements in these materials speak only at the date of issue. Subject to any continuing obligations under applicable
law or any relevant stock exchange listing rules, in providing this information the Company does not undertake any
obligation to publicly update or revise any of the forward-looking statements or to advise of any change in events,
conditions or circumstances.
This announcement is authorised for release to the ASX by the Board.
Investor and media relations enquiries
Investor Relations
Kasun Liyanaarachchi
Group Manager Investor Relations & Communications
investor.relations@westgold.com.au
+61 458 564 483
March 2025 Quarterly Exploration Results
Media
Annette Ellis
Manager Communications & Corporate Affairs
Media@westgold.com.au
+61
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