Western Gold Resources (ASX: WGR) announces the successful completion of a comprehensive Aboriginal heritage survey at its 100% owned Gold Duke Project in the northeastern goldfields of Western Australia. This survey, conducted at a mining level, has secured heritage clearance for mining operations over the planned areas at the Eagle, Emu, Gold King, and Golden Monarch deposits. In the upcoming third quarter, It will perform additional Aboriginal Heritage Surveys at the Brilliant and Bottom Camp prospects to expand its gold production for Stage 2.
WGR is on track to finalize its production Scoping Study, which will be based on the current Mineral Resource Estimate of 4.57Mt and 2.00g/t gold. The study will assess the optimal strategy for processing the ore, considering a mill, CIL, and Heap Leach methods, or a combination of these approaches, to maximize financial returns. These deposits encompass 178,000 oz of gold, representing 61% of the Gold Duke project's total resource.
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Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
