Westgold lifts proven, probable gold reserves 41% to 4.1 million oz as of June 30, 2026
- Westgold updated its June 30, 2026 mineral resource estimate and mineral reserve statement across its Western Australia gold operations.
- Proven and probable gold reserves rose 41% to 4.1 million oz at 2.22 g/t, with about a 10-year reserve life maintained.
- Measured and indicated resources totaled 9 million oz at 2.35 g/t; inferred resources were 5.4 million oz at 2.23 g/t.
- Reserve additions were generated at an implied conversion cost of $27/oz, based on about $42 million spending for about 1.5 million oz gross additions.
- FY27 exploration and resource development budget set at $50-75 million, supported by 26 active drill rigs across the portfolio.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Westgold Resources Limited published the original content used to generate this news brief via CNW (Ref. ID: 202608200407CANADANWCANADAPR_C8961) on August 20, 2026, and is solely responsible for the information contained therein.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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