middle.news
Western Gold Resources Raises $6.75M to Kickstart Gold Duke Mine by Q4 2025
9:28am on Tuesday 7th of October, 2025 AEDT
•
Mining
Read Story
Western Gold Resources Raises $6.75M to Kickstart Gold Duke Mine by Q4 2025
9:28am on Tuesday 7th of October, 2025 AEDT
Key Points
Placement raised $6.75 million at $0.12 per share, a 16% discount to VWAP
Strong support from international and domestic institutional investors
Funding combined with deferred payment facility fully finances Gold Duke through production
Gold Duke Project shows robust financial metrics with low pre-mining capital and rapid payback
Read Story
middle.
Tap to Read
Tap the card to read the full analysis
about
Western Gold Resources (ASX:WGR)
OPEN ARTICLE