Westgold Resources LtdASX: WGX

Great Fingall Commences

· Issued by Westgold Resources Ltd

Filed with ASX · · 7 pages · English

Summary by 6ix AI

Westgold Resources Ltd has announced the commencement of development at the Great Fingall mine, marking the restart of this historic gold mine located near Cue. The first cut into the decline was completed recently, with expectations of significant gold production at a competitive all-in cost. The initial mine life is projected to be eight years, with first ore expected to be processed in the first half of the upcoming fiscal year. The feasibility study indicates a strong financial outlook, with substantial potential for additional production from known high-grade structures.

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