Westgold Resources Limited Annual Report 2020

25 Westgold Resources Limited Annual Report 2020 COMPANY SECRETARY Lisa Smith (Appointed 19 December 2019) Ms Smith holds a Bachelor of Laws and a Bachelor of Commerce and brings over 15 years legal experience across a broad range of practice areas including commercial and corporate, regulation and compliance as well as experience with secretarial duties. Ms Smith has previously acted as principal lawyer for a private resources industry services firm and has substantial policy and advocacy experience.  David Okeby (Appointed 1 December 2016, Resigned 30 December 2019) Mr Okeby has significant compliance, contractual, administrative and corporate experience in the mining industry. Mr Okeby brought skills in governance, stakeholder relations and corporate activities including mergers, acquisitions and disposals. INTERESTS IN THE SHARES AND OPTIONS OF THE COMPANY As at the date of this report, the interests of the Directors in the shares and options of the Company were: Director Fully Paid Ordinary Shares Options PG Cook 10,762,922 1,639,682 PB Schwann – – FJ Van Maanen 435,521 – WC Bramwell – – Total 11,198,443 1,639,682 PRINCIPAL ACTIVITIES The principal activities during the year of the Group were the exploration, development and operation of gold mines, primarily in Western Australia. EMPLOYEES The Group had 934 employees at 30 June 2020 (2019: 808). CORPORATE OVERVIEW Westgold is a top-10 Australian gold producer with gold operations in the Central Murchison region of Western Australia. Western Australia is a low sovereign risk, premier destination for gold production and gold exploration prospectivity. Westgold’s operations encapsulate the vast majority of historic and proven gold mining centres in the Central Murchison region which to date has already produced more than 10 million ounces of gold. The gold inventory of Westgold has a total mineral resource (JORC 2012) of more than 9 million ounces (refer to resource and reserves estimates tab for detail) aggregating to give Westgold control over substantial gold mining province. Over the past four years Westgold has invested heavily and has commenced or recommenced gold production from seven underground mines and numerous open pits to produce between 250,000 and 300,000oz per annum. The Company has three processing plants spread across its tenure with an aggregate milling capacity of approximately 3.5 million tonnes per annum. Westgold’s operations are split into three regional operating hubs: – The northernmost operating hub is referred to as the Fortnum Gold Operations (FGO) – The central operating hub is referred to as the Meekatharra Gold Operations (MGO) – The southernmost operating hub is referred to as the Cue Gold Operations (CGO)