June 2025 Quarterly Exploration Results
Released
Released
Announcement PDF
ASX Announcement
23 July 2025
June 2025 Quarterly Exploration Results
82km of drilling and $9M invested in resource development and exploration in Q4, FY25
Perth, Western Australia, 23 July 2025: Westgold Resources Limited (ASX | TSX: WGX – Westgold or the
Company) is pleased to announce the results of exploration and resource development activities during Q4
FY25.
Highlights *
MURCHISON
The Starlight mine continues to deliver impressive drilling results from both the Nightfall and Starlight lodes:
■
■
■
■
■
10.00m at 26.42g/t Au from 149.00m in NF1050GC01;
4.43m at 264.37g/t Au from 111.00m and 15.15m at 17.11g/t Au from 173.00m in NF1050GC42;
14.05m at 11.43g/t Au from 214.00m in ST825RD06;
4.00m at 34.69g/t Au from 180.00m in ST840RD12; and
7.50m at 17.04g/t Au from 123.00m in ST840RD22.
Exciting results from the emerging Polar Star lode at the Bluebird - South Junction mine include:
■
3.03m at 157.10g/t Au from 270.00m in 25BLDD001.
Drilling at the high-grade Great Fingall mine shows the potential of the Golden Crown and Great Fingall Reefs
along with that of newer discoveries such as Sovereign:
■
7.23m at 12.25g/t Au from 312.00m in 24GCDD017;
■
7.76m at 6.56g/t Au from 312.00m in 24GFDD093; and
■
15.96m at 23.17g/t Au from 264.00m in 24SVDD038A.
SOUTHERN GOLDFIELDS
At Beta Hunt, the maiden Mineral Resource Estimate for Fletcher zone Stage 1 exceeded expectations,
delivering 2.3Moz from 1km of the known 2km strike
Drilling within the Western Flanks zone at Beta Hunt reinforces Westgold’s view of the upside across this
under-drilled yet extensive gold system, with exceptional results including:
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8.03m at 101.72g/t Au from 8.00m in AWLINKDD-15AG;
55.50m at 4.51g/t Au from 179.00m in AWLINKDD-24AG; and
6.90m at 372.32g/t Au from 8.00m in WWSP4-31AG.
$9M spent on exploration and resource development in Q4 FY25 - with $43M invested for full FY25.
16 underground and 2 surface drill rigs operating.
* True width has not been calculated.
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:
“This quarter Westgold completed 82km of drilling and invested $9M in resource development and exploration.
The delivery of a maiden Mineral Resource Estimate of 2.3Moz from Stage 1 of the Fletcher Zone at Beta Hunt
was a major milestone and double the mid-point of the Stage 1 Exploration Target for Fletcher from just 1km of
the known 2km strike length.
The flow of strong drill results from our largest and emerging mines continues and shows the untapped value
within our existing Mineral Resource base. The results from Starlight, South Junction, Great Fingall and Beta
Hunt are outstanding and continue to build confidence in our portfolio .
Westgold will build on the $43M invested in exploration and resource development in FY25. In FY26 our drill
teams will continue to extend mine lives across the portfolio, test our best emerging exploration targets and
unlock the inherent value we hold across two of Western Australia’s most prolific goldfields."
Plate 1: Visible gold in hole 25BLDD001 targeting the Polar Star lodes (Bluebird – South Junction mine) from an
interval of 3.03m at 157.10g/t Au from 270.00m
June 2025 Quarterly Exploration Results
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Overview
In Q4 FY25, Westgold invested $9M in exploration and resource definition across its portfolio. The Company
drilled a total of 81,561m, as summarised by the table below.
Table 1: Group Drilling Statistics - Q4 FY25
Region
Murchison
Southern Goldfields
Diamond (m)
43,438
30,702
RC Drilling (m)
3,579
2,454
Auger (m)
15
0
AC Drilling (m)
1,373
0
Total (m)
48,405
33,156
Exceptional intercepts returned this quarter from drilling activities are listed below:
Table 2: Exceptional drilling intercepts returned in Q4 FY25 (+100 gram metre intervals)
Lode
Starlight
Nightfall
Starlight
Collar N
Collar E
Collar
RL
NF1050GC01
NF1050GC40
NF1050GC42
7,199,054
7,199,055
7,199,055
636,388
636,388
636,388
52
53
53
ST835GC02
ST835GC03
ST825RD06
ST840RD12
7,198,562
7,198,583
7,199,024
7,198,701
636,544
636,540
636,446
636,410
6,961,714
Hole
Great Fingall
Sovereign
24SVDD038A
Beta Hunt
Fletcher
FF475SP-61AEA
WF490DD-47AE
Western
AW325SP-04AG
Flanks
AWLINKDD15AG
AWLINKDD20AG
AWLINKDD24AG
WWSP4-31AG
Fletcher
FF475SP-61AEA
Bluebird
Bluebird
25BLDD066
Polar Star
25BLDD001
South
25BLDD017
Junction
Intercept (Downhole)
From
(m)
Dip
Azi
Total
Lengt
h (m)
Gram
metres
149
160
111
173
26
41
214
180
-12
2
3
109
99
88
170.6
91.6
54.9
-159
-159
-102
-159
10.00m at 26.42g/t Au
26.10m at 6.62g/t Au
4.43m at 264.37g/t Au
15.15m at 17.11g/t Au
17.08m at 6.17g/t Au
9.62m at 14.35g/t Au
14.05m at 11.43g/t Au
4.00m at 34.69g/t Au
16
13
-51
-22
33
7
51
23
51.7
70
316.6
200.5
264.24
172.74
1,171.15
259.21
105.35
138.02
160.64
138.75
584,227
141
15.96m at 23.17g/t Au
264
-53
264
317.42
369.79
6,543,693
6,543,672
6,544,549
375,041
374,949
374,490
-473.05
-483.95
-322.15
27.00m at 4.24g/t Au
50.00m at 2.83g/t Au
13.00m at 18.18g/t Au
472
661
124
-55
-49
-35
235
262
254
905.98
952
236.7
114.50
141.50
236.30
6,544,332
374,724
-286.05
8.03m at 101.72g/t Au
8
-34
255
180.05
816.80
6,544,332
374,724
-286.05
14.75m at 8.71g/t Au
214
-44
236
236.6
128.50
6,544,332
374,722
-286.05
55.50m at 4.51g/t Au
179
-45
219
281.7
250.30
6,544,073
6,543,693
374,941
375,041
-397.89
-473.05
6.90m at 372.32g/t Au
27.00m at 4.24g/t Au
8
472
-36
-55
248
235
281.7
905.98
2,569.00
126.50
7,043,942
7,043,581
7,043,581
641,579
641,434
641,433
47
105
103
6.71m at 15.50g/t Au
3.03m at 157.10g/t Au
21.50m at 7.16g/t Au
100
270
185
-44
11
-19
101
113
148
148.82
308.5
408.12
104.01
476.01
153.94
Westgold had 16 underground drill rigs and 2 surface drill rigs operating at the end of the quarter. The surface
drill rigs were operating at Fortnum and Reedy, and the underground rigs were operating at Starlight (3),
Bluebird (3), Great Fingall (2), Big Bell (1), Beta Hunt (6) and Two Boys (1).
June 2025 Quarterly Exploration Results
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Murchison
Westgold drilled 48,405m in the Murchison in Q4 FY25.
Figure 1: Murchison location map
Resource Development Activities
Starlight (Fortnum)
Given the ongoing Resource Definition and production success at Nightfall, the Company has continued to
prioritise geology work in this area at its Starlight mine. This quarter Nightfall has once again provided a string
of high-grade results ahead of the production front of the mine, some of the most specular being:
10.00m at 26.42g/t Au from 149.00m in NF1050GC01; and
4.43m at 264.37g/t Au from 111.00m and 15.15m at 17.11g/t Au from 173.00m in NF1050GC42.
June 2025 Quarterly Exploration Results
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Despite the ongoing prominence of Nightfall, the Starlight lodes continue to make a strong contribution to
output from the mine, with better results from Starlight this quarter including:
14.05m at 11.43g/t Au from 214.00m in ST825RD06;
4.00m at 34.69g/t Au from 180.00m in ST840RD12; and
7.50m at 17.04g/t Au from 123.00m in ST840RD22.
Figure 2: Starlight schematic long-section showing better drill results returned in Q4 FY25
Bluebird-South Junction (Meekatharra)
At Bluebird - South Junction, the focus of drilling works has reflected the expanding mine scale. Drilling has
targeted the Bluebird lodes, the large-scale South Junction Mineral Resource and the growing Polar Star lodes,
with highlights including:
6.71m at 15.50g/t Au from 100.00m in 25BLDD066 (Bluebird);
3.03m at 157.10g/t Au from 270.00m in 25BLDD001 (Polar Star); and
21.50m at 7.16g/t Au from 185.00m in 25BLDD017 (South Junction).
June 2025 Quarterly Exploration Results
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Figure 3: Hole 25BLDD001 targeting the Polar Star lodes (Bluebird – South Junction mine) showing (a) interval of
3.03m at 157.10g/t Au from 270.00m and (b) example of visible gold from the interval
June 2025 Quarterly Exploration Results
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Figure 4: Bluebird-South Junction schematic long-section showing select near mine drill results in Q4 FY25
Big Bell (Cue)
At Cue, the ongoing success of re-accessing the Big Bell Upper Cave (Upper Cave) has allowed Westgold to
allocate more focus to this area of the mine in the FY26 Big Bell mine plan. In Q4 FY25, production from the
Upper Cave totalled 60% of total mine output from Big Bell, validating this approach.
Given the Upper Cave’s increasing importance to the medium-term plan, Westgold has recommenced drilling
in this area of the mine, providing the data required for consistent and elevated rates of profitable production.
Results such those presented below highlight the significant opportunity that exists in the Upper Cave, which
is independent from the Lower Cave, located higher in the mine, and critically, already capitally and
operationally developed.
21.20m at 3.20g/t Au from 19.00m in 25BBDD0003;
12.03m at 5.68g/t Au from 25.00m in 25BBDD0015; and
14.67m at 3.83g/t Au from 24.00m in 25BBDD0016.
June 2025 Quarterly Exploration Results
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Figure 5: Big Bell schematic long-section showing better drill results returned in Q4 FY25
Great Fingall (Cue)
The early mining opportunity at Great Fingall was executed this quarter, with production starting from the
Great Fingall Flats, an area outside the scope of the Great Fingall Feasibility Study mine plan.
With the initial production milestone reached, Westgold has stepped up its drilling effort, with multiple rigs
defining and infilling early production areas from the Golden Crown and Great Fingall virgin stopes, as well as
advancing opportunities outside of the current mine plan such as the Sovereign Reef.
Better results returned from this work at Golden Crown in the current quarter include:
7.23m at 12.25g/t Au from 312.00m in 24GCDD017; and
8.22m at 6.68g/t Au from 194.00m in 25GCDD013.
At Great Fingall the high-grade nature of the primary orebody is demonstrated by results such as:
7.76m at 6.56g/t Au from 312.00m in 24GFDD093; and
6.27m at 7.75g/t Au from 270.00m in 24GFDD096.
June 2025 Quarterly Exploration Results
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Whilst at Sovereign, the significant exploration upside of the mine complex is highlighted by:
4.85m at 3.37g/t Au from 71.00m in 24SVDD023; and
15.96m at 23.17g/t Au from 264.00m in 24SVDD038A.
Westgold is following up on this drilling success with two rigs active and a third to be deployed into Great Fingall
in Q1, FY26.
Figure 6: Great Fingall schematic oblique-section looking North (select drill results from Q4 FY25
Greenfields Exploration Activities
Greenfields activities in the Murchison included:
The completion of the Murphy Creek Aircore (AC) drilling program at Peak Hill (Fortnum);
Commencement of the Labouchere RC program (Fortnum); and
Commencement of the Triton – Rand Gap diamond drilling program at Reedy (Meekatharra).
June 2025 Quarterly Exploration Results
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The Labouchere and Triton – Rand Gap programs were ongoing at the end of the quarter, with results expected
in Q1 FY26. Drill planning was ongoing throughout the quarter, with priority targets at Jubilee (Peak Hill) and
Meekatharra North (Meekatharra) ready for execution.
Figure 7: Murchison priority Greenfields exploration targets for CY25
June 2025 Quarterly Exploration Results
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Fortnum – Labouchere RC Program
During the quarter, the Labouchere RC program at Fortnum commenced with 21 holes for 3,167m drilled by
the end of the period. The program is targeting potential structural repeats south of the historic Labouchere
mine which produced 1.2Mt at 2.47g/t Au for 95.4Koz, as well as follow-up testing of targets defined by recent
aircore drilling.
Assay results for the program were pending at the end of the quarter.
Peak Hill - Murphy Creek AC Program
The Murphy Creek AC drill program was completed early in the quarter with 28 holes for 1,416m drilled during
the current quarter and 56 holes for 3,315m drilled across the program. The program tested identified targets
along strike to the northwest of the Company’s Durack deposit which currently hosts an Indicated and Inferred
Resource of 2.9Mt at 1.2g/t Au for 111Koz 1. This potential strike extension has not previously been effectively
tested due to the presence of very shallow Bryah Basin volcanic “cover”.
Significant results from this program included:
6.00m at 1.76g/t from 52.00m to EOH including 1.00m at 5.96g/t in hole 25MCAC045.
13.00m at 0.93g/t from 39.00m including 4.00m at 2.22g/t from 45.00m in hole 25MCAC012.
5.00m at 1.20g/t from 59.00m to EOH in hole 25MCAC020.
These early-stage results are very encouraging, and a follow-up drill program is being designed to assess the
potential for basement mineralisation.
Reedy – Triton – Rand Gap DD Program
The Triton – Rand Gap diamond drilling program at Reedy’s commenced during the quarter, with 2 holes
completed for 1,142.1m, and two holes in progress for a further 459.2m of drilling to the end of the quarter.
The Triton and Rand mines have produced 1.90Mt at 6.20g/t Au for 379Koz from past open pit and underground
mining. This program is targeting the plunge intersection between high-grade lodes plunging north from Triton
and high-grade lodes plunging south from Rand.
Assay results for 25REDD002 were received during the quarter, with a single significant intersection returned
from a narrow zone of silica-biotite alteration in the Reedy Dolerite. The remainder of the program is still being
completed, and assays are pending.
1
Refer to ASX announcement titled “2024 Mineral Resource Estimate and Ore Reserves – Updated” – 23 September 2024
June 2025 Quarterly Exploration Results
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Southern Goldfields
Westgold drilled 33,156m in the Southern Goldfields in Q4 FY25.
Figure 8: Southern Goldfields Location Map
June 2025 Quarterly Exploration Results
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Resource Development activity
Beta Hunt (Kambalda)
Six drill rigs have remained active at Beta Hunt throughout Q4, focused on continuing to expand the Mineral
Resource base and provide the necessary definition to allow for efficient mining execution.
Across the Company, the most significant event in the Resource Definition space during the quarter was the
delivery of the maiden Mineral Resource Estimate for Stage 1 of the Fletcher zone, totalling 31Mt at 2.3g/t Au
for 2.3Moz Au. Fletcher is a gold-bearing shear zone located approximately 50 metres west of the Western
Flanks vein system, within the Hunt Block of the Beta Hunt Mine at Kambalda. It is interpreted as a parallel,
structural analogue to the Western Flanks and A Zone deposits, and is considered the third major mineralised
shear zone system hosted in the Hunt Block.
Table 3: Stage 1 Fletcher Zone Mineral Resource Estimate
Stage 1 Fletcher Zone Mineral Resource Estimate
Classification
Tonnes (t)
Grade (g/t Au)
Ounces (Au)
Measured
0
0.00
0
Indicated
3,708,000
2.5
295,000
Inferred
27,266,000
2.3
2,030,000
Total
30,974,000
2.3
2,325,000
June 2025 Quarterly Exploration Results
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Figure 9: Plan view schematic of the Fletcher zone at Beta Hunt
In September 2024, Westgold declared a global Fletcher Zone Exploration Target of 23-27Mt at 2.1-2.5g/t Au
for 1.6-2.1Moz, including a Stage 1 Exploration Target of 12–16Mt at 2.1-2.5g/t Au for 0.8-1.2Moz Au. An
aggressive drilling campaign has resulted in a Mineral Resource Estimates that has doubled the mid-point of
the Stage 1 Exploration Target 2. Westgold is continuing to capitalise on this success with drilling ongoing at
Fletcher, producing results during the current quarter such as:
27.00m at 4.24g/t Au from 472.00m, 10.00m at 4.48g/t Au from 725.00m and 10.00m at 3.56g/t Au
from 742.00m in FF475SP-61AEA;
21.00m at 2.03g/t Au from 210.00m, 32.40m at 1.79g/t Au from 292.00m, 2.05m at 34.41g/t Au from
335.00m and 31.00m at 1.69g/t Au from 709.00m in WF440DD-37AE; and
16.00m at 5.56g/t Au from 245.00m, 22.00m at 2.64g/t Au from 368m and 50.00m at 2.83g/t Au from
661.00m in WF490DD-47AE.
2
Refer to ASX release titled “Fletcher Exploration Target Defined at 1.6 - 2.1Moz Au” – 16 September 2024.
June 2025 Quarterly Exploration Results
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Figure 10: Fletcher schematic long-section: select drill results returned during Q4 FY25
Whilst the Fletcher MRE was the highlight of Resources Definition activities at Beta Hunt this quarter, the most
spectacular Resource Definition drilling results received during the reporting period have been from the
production mainstay Western Flanks area.
Western Flanks is one of two main production zones and currently the major driver of mine output at Beta Hunt.
Results such as those received this quarter will ensure that Western Flanks remains integral to the success of
Beta Hunt well into the future.
8.03m at 101.72g/t Au from 8.00m in AWLINKDD-15AG;
55.50m at 4.51g/t Au from 179.00m in AWLINKDD-24AG; and
6.90m at 372.32g/t Au from 8.00m in WWSP4-31AG.
June 2025 Quarterly Exploration Results
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Figure 11: Beta Hunt FY25 Life of Mine plan schematic long-section: select drill results returned in Q4 FY25
Additionally, A Zone and Cowcill have continued to see significant drilling effort this quarter in keeping with
Westgold’s strategy to develop independent production zones which complement the current mine plan, and
take advantage of existing capital infrastructure.
Whilst A Zone is already a key constituent of the Beta Hunt mine plan, lifting the contribution from A Zone and
integrating deposits such as Cowcill will significantly de-risk Westgold’s plans to lift outputs at Beta Hunt.
Higginsville
At Higginsville, Westgold is continuing to have success at its small-scale Two Boys mine, with ongoing drilling
defining a clear high-grade trend within the broader Two Boys system as demonstrated by recent results such
as:
3.00m at 4.1g/t Au from 61.00m in 25TBDDG007;
1.00m at 10.8g/t Au from 79.00m in 25TBDDG008; and
1.60m at 11.1g/t Au from 133.00m in 25TBDDG021.
This definition directs Westgold to focus mining efforts within the highest value part of the orebody, which inturn has ensured Two Boys has consistently generated free cash flow month-on-month under Westgold
management.
The current Two Boys mine plan has development continuing to advance to the north, creating a drilling horizon
from Two Boys to target opportunities at the Poseidon South zone of the 1.2Moz Trident Mine.
June 2025 Quarterly Exploration Results
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Figure 12: Two Boys schematic long-section : select drill results returned in Q4 FY25
June 2025 Quarterly Exploration Results
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Greenfields Exploration Activities
Greenfields exploration activities in the Southern Goldfields included ongoing target assessment and drill
program design, heritage survey planning and the completion of the Spargo’s RC drilling program.
Figure 13: Southern Goldfields priority Greenfields exploration targets for CY25
June 2025 Quarterly Exploration Results
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Higginsville - Greater Spargo’s RC Drill Program Results
During the quarter an RC drill program was undertaken testing two targets in the Greater Spargo’s area with a
total of 19 holes for 2,454m completed. The program targeted a RAB anomaly and an area of elevated
pathfinder elements in association with a sheared stratigraphic contact. Assay results from this program did
not warrant further investigation, and no further work is currently planned for this anomaly.
Beta Hunt – Mason Target
As detailed in the Q3 Quarterly Report, the Mason target is considered to be the fault-offset extension of
Fletcher to the south of the Alpha Island Fault (refer Figure 9 above).
Preparation for the Mason Target UG drill program was completed in the quarter with work planned to
commence early in Q1 FY26. This drill program has increased prospectivity given the results of the maiden
Fletcher MRE outlined above.
June 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.
June 2025 Quarterly Exploration Results
20
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
June 2025 Quarterly Exploration Results
Media
Annette Ellis
Manager Communications & Corporate Affairs
Media@westgold.com.au
+61 458 200 039
21
Appendix A - Q3 FY25 Drill Intersections Not Previously Reported
SOUTHERN GOLDFIELDS
All widths are downhole. Coordinates are collar. Grid is MGA 1994 Zone 51 Significant = >5g/m for resources.
Lode
Beta Hunt
A Zone
Hole
Collar N
Collar E
Collar RL
Intercept (Downhole)
From (m)
Dip
Azi
Total Length
(m)
AA310SP-031AG
AA310SP-032AG
AA310SP-033AG
AA310SP-034AG
AA310SP-035AG
AA310SP-036
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