OUR OPERATIONS 20 WESTGOLD RESOURCES LIMITED SOUTHERN GOLDFIELDS Higginsville Hub – Beta Hunt Underground Mine – Fletcher Zone The definition of a maiden Mineral Resource for the Fletcher Zone at Beta Hunt in under a year, demonstrates Westgold’s strategic resource definition drilling priority and agility. In 10 months, we designed and completed an aggressive drilling campaign that delivered a maiden Mineral Resource Estimate of 2.3 million ounces, notably from just half (~1 km) of the known Fletcher Zone strike length, and over double the mid-point of the original Stage 1 Exploration Target of 0.8 – 1.2Moz. This was an outstanding result that underpins our confidence in the quality and ongoing potential of the Beta Hunt asset, and confirms Fletcher as a major mineralised zone and future mining front within the Hunt Block. The drilling confirmed the structural analogy between Fletcher and the established Western Flanks and A Zone deposits. It provides additional optionality for mine planning and supports the long-term production outlook for Beta Hunt. Higginsville Hub – Two Boys Underground Mine The completion of the ML70 diamond drill drive at Two Boys early in the year was a key milestone, enabling both grade control and extensional drilling. Fourteen holes were drilled as part of Westgold’s first program, with results from three indicating further resource potential and the possibility of extending mine life. Throughout the year, performance at this small but consistent operation continued to improve, delivering increased tonnes and higher grades. The grade control drilling enabled more robust mine planning, and by the end of the year, production had risen by 23% in the final quarter. The updated mine plan now provides a clear 15-month outlook and supports continued growth. REVIEW OF OPERATIONS (CONTINUED)
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