Latest Western Ridge Resources (ASX:WRX) News

Western Ridge Resources reported a $12.22 million loss for the year ended 30 June 2026, with cash falling to $407,860 and its auditor warning of a material uncertainty over the company’s ability to continue as a going concern. The company is now relying on Keystone drilling and further funding to advance its Nevada exploration strategy.

Western Ridge Resources has unveiled an initial Exploration Target of up to 14.5 million ounces of silver at its Keystone Mine in Nevada, backed by recent sampling and geological modelling. The company is gearing up for its first drilling campaign in over 80 years to test and expand this promising target.

Western Ridge Resources’ latest sampling at Keystone in Nevada delivers strikingly high gold and silver grades, expanding the known mineralised system and validating key geophysical targets.

Western Ridge Resources has locked in Midnight Sun Drilling to kick off a 19-hole campaign at its Keystone Project in Nevada, marking the first drilling at the site in over eight decades. The program aims to test high-grade extensions and priority targets across an expanded landholding.

Western Ridge Resources has quintupled its Keystone Project footprint in Nevada, adding nearly 5,000 acres of prospective ground with historic mining activity but no modern exploration.

Western Ridge Resources has received regulatory approval to commence drilling at its historic Keystone Project, marking the first major exploration in over eight decades. The fully funded program aims to unlock new high-grade silver extensions and test multiple promising targets.

Western Ridge Resources has identified several promising shallow mineral targets at its Keystone Project in Nevada, backed by a fully funded 19-hole drilling program set to commence soon.