Latest Westgold Resources News

Westgold Resources capped FY25 with record quarterly gold production and a $132 million treasury boost, while announcing a maiden 2.3 million ounce resource at its Fletcher Zone.

Westgold Resources reported a strong finish to FY25 with 82km of drilling and a $9 million investment in exploration, highlighted by a maiden 2.3 million ounce gold resource at Beta Hunt’s Fletcher zone.

Solara Minerals has agreed to acquire a portfolio of seven exploration licences in Western Australia's Murchison region, positioning itself near major gold and copper mines. The deal includes immediate exploration plans and potential milestone-based share payments.

Caprice Resources has reported outstanding high-grade gold intercepts from its Phase 3 drilling at the Island Gold Project, confirming significant extensions of mineralisation and setting the stage for a maiden resource estimate.

Perenti’s underground mining arm, Barminco, has won a significant three-year contract with Westgold Resources at the Great Fingall project, boosting its Australian mining portfolio and promising steady revenue growth.

New Murchison Gold Limited has secured all key approvals and mobilised equipment for mining at its Crown Prince Gold Project, with first ore delivery expected by September 2025. The company also announced a $15 million capital raise to support its transition from explorer to producer.

Westgold Resources has unveiled a maiden Mineral Resource Estimate of 2.3 million ounces of gold at its Fletcher Zone, effectively doubling the Beta Hunt mine’s resource base and setting the stage for expanded production.

Rincon Resources has secured an option to acquire the Crackerbox Gold Project in Western Australia, a site rich in historical gold and copper mineralisation with promising drill results. The company plans to leverage extensive past exploration data to define a significant resource.

Black Cat Syndicate reports robust operational progress at its Kal East Gold Operation, surpassing expectations at the Lakewood processing facility and achieving early cash flow positivity at the Myhree open pit. Development activities at Majestic and Fingals advance as the company expands production capacity.

New Murchison Gold Limited has dismissed recent media speculation of a takeover offer from Westgold Resources, reaffirming their ongoing strategic alliance and operational cooperation.

New Murchison Gold Limited reports breakthrough ultra-high grade gold intercepts at Crown Prince alongside a robust feasibility study and strong funding position, setting the stage for mid-2025 mining commencement.

Volt Group Limited reported a robust 26.8% revenue increase in Q1 FY25, driven by strong performances in its EcoQuip and Wescone divisions, alongside promising advances in its ATEN Waste Heat to Power technology.