Westgold Resources Limited Annual Report 2020

650,000 mE 625,000 mE 7,000,000 mN 7,025,000 mN 7,050,000 mN 7,075,000 mN 0 5 10 kilometres Wiluna Great Northern Highway MEEKATHARRA PADDY'S FLAT MINING AREA YALOGINDA MINING AREA REEDY MINING AREA NANNINE MINING AREA Paddy's Flat Mine Triton-Sth Emu Mine Bluebird Processing Plant 1.6 - 1.8Mtpa MEEKATHARRA NORTH MINING AREA GABANINTHA MINING AREA Bluebird Mine 14 Westgold Resources Limited Annual Report 2020 The Meekatharra Gold Operations (MGO) are located around the regional towns of Meekatharra. MGO have consolidated the considerable historic gold mining centres of Meekatharra North, Paddy’s Flat, Yaloginda, Nannine and Reedy’s. MGO comprises the Bluebird CIP processing plant (approx. 1.6 million tpa on blended feedstock) and associated infrastructure including a 350 person workers village. Bluebird is located in the centre of the Group’s Murchison holdings, is the largest and lowest cost of the Group’s processing facilities and can take ore feed from any of the region’s mines. At the core of the MGO output is the Paddy’s Flat underground mine which the company has now been operating for four years. Two other underground mines operate at MGO being the South Emu- Triton underground mine at the Reedy’s gold mining centre and the Bluebird underground mine at Yaloginda just 1km south of the Bluebird Plant. South Emu is now in a steady state of production, the Triton underground lodes are just being developed and the Bluebird underground mine has just hit its first ore and continues to be in a development phase. These three underground mines will combine to deliver more than 105,000oz per annum to the Bluebird processing plant over the long term. Underground ores are supplemented by a procession of smaller open pits, primarily cut-backs which have become economically viable as the gold price has risen. In the FY 2021 open pit mining will occur at the Five Mile Well, Maid Marion, Albury Heath and Aladdin open pits. Westgold’s strategy at MGO is focussed on the higher grade underground ore sources. As such Westgold’s primary exploration focus in the Meekatharra area is the continual definition of extensions to these mines, as well as the testing of the next round of underground projects to be developed such as Aladdin (at Nannine), Boomerang and Rand mines (at Reedy’s) which could add another 3 modest underground mines to the Group’s output. All of these additions are high-quality underground exploration targets proximal to existing historic mining centres and provide the options of leveraging the benefits of existing infrastructure. Our Operations Meekatharra Gold Operations Westgold has been blessed with defined targets to date and has until now focussed its efforts to their development. Westgold is now beginning to re-visit conceptual exploration over the significant land package associated with the Meekatharra Gold Project. Focus in the coming year in this sphere will rest upon the newly acquire Banjo