Westgold Resources Ltd · ASX:WGX
Westgold Resources — Investor Presentation (October 2025)
13 slides from Westgold Resources's investor presentation, Oct 1, 2025
Slide 1: Westgold Resources Limited 3-Year Outlook
ASX | TSX : WGX For personal use only Westgold Resources Limited 3-Year Outlook westgold.com.au
Slide 2: Compliance Statements: Competent/Qualified Person Statements
Compliance Statements Competent/Qualified Person Statements General Exploration Results and Mineral Resources Estimates 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
Slide 3: Compliance Statements: Forward Looking Statements
Compliance Statements Forward Looking Statements These materials prepared by Westgold Resources Limited include forward looking statements. Although the Company attempts and has attempted to identify factors that would cause actual Often, but not always, forward looking statements can generally be i
Slide 4: 3YO - A high confidence plan: 3-Year outlook highlights
3YO - A high confidence plan 3-Year outlook - Highlights 3YO delivers sustainable production to over 470koz by FY28 FY25 production of 326koz Au @ A$2,666/oz First multi-year view of the business For personal use only 3YO sees organic growth driving all in sustaining cost down 3YO underpinned
Slide 5: Sustained production growth – AISC falls
Sustained production growth – AISC falls 700 2,750 3,000 2,666 2,456 2,499 600 2,500 500 470 3YO is conservative by design Production (koz) 416 2,000 AISC ($/oz) 400 365 164 326 1,500 300 130 135 3YO produces > 1.25Moz 129 For personal use only 1,000 200 281 306 100 197 235 500 3YO sees AISC f
Slide 6: Underpinned by current Reserves & Resources
Underpinned by current Reserves & Resources 100% 100% 100% Inferred 9% 12% 31% Underpinned by 2025 Group Reserves and Resources update For personal use only Current Ore Reserves (56 Mt at 1.93 g/t Au for 3.5Moz of gold) Reserve 91% 88% >80% of material mined over the 69% 3YO is in Reserves $
Slide 7: Fully utilising existing processing hubs
Fully utilising existing processing hubs Leveraging and expanding existing 6Mtpa processing capacity for enhanced FCF For personal use only Milling capacity per hub over 3YO (Mtpa) 7
Slide 8: Keeping mills full – with grade: Meekatharra Hub
Keeping mills full – with grade Meekatharra Hub (1.8Mtpa) Bluebird-South Junction U/G expansion continues in FY26 − reaching 1.2Mtpa in FY28 For personal use only Great Fingall first high-grade stope ore in FY26 – ramping to 0.6Mtpa in FY28 Open Pits in FY27 - buffer stockpiles and softer ore
Slide 9: Keeping mills full – with grade: Higginsville Hub
Keeping mills full – with grade Higginsville Hub (1.6Mtpa) Beta Hunt infrastructure upgrades support 2Mtpa run rate by H2, FY26 For personal use only − From current mining fronts only (excluding Fletcher Zone) Two Boys and Spargo's undergrounds inject grade 2.6Mtpa Higginsville Expansion Study
Slide 10: Keeping mills full – with grade: Cue and Fortnum Hubs
Keeping mills full – with grade Cue Hub (1.4Mtpa) and Fortnum Hub (0.9Mtpa) Processing capacity fully utilised – with mines and mills well matched and throughputs optimised For personal use only 10
Slide 11: 3YO has upside
3YO has upside 3YO excludes: Further expansion of Bluebird-South Junction mine Operational improvements - especially in underground fleet productivity For personal use only Higginsville mill expansion to 4Mtpa Mining of coarse gold at Beta Hunt Expansion of the Murchison open pit program
Slide 12: Westgold – 3YO enhances value proposition
Westgold – 3YO enhances value proposition Leading Australian Financial Unhedged Producer Strength For personal use only One of Australia’s Robust balance sheet $4.2B market largest fully unhedged with $300M debt capitalisation[1] gold producers facility Focus on Shareholder Diversification Investing
Slide 13: Questions?
For personal use only Investor Relations & Media Annette Ellis Annette.ellis@westgold.com.au +61 458 200 039 Questions? www.westgold.com.au 13
Westgold Resources — Investor Presentation (October 2025) on 6ix