WGR advances towards gold producer status with positive preliminary metallurgical test results

Western Gold Resources (ASX: WGR) advances with Gold Duke Project, unveiling a 4,570,000-tonne Mineral Resource at 2.0 g/t Au, totaling 293,000 oz Au. This achievement positions WGR prominently, signaling potential advancements toward gold production status via a heap leach pathway. Executed by BHM Process Consultants in Perth, the tests aimed to evaluate the orebodies' amenability to heap leaching and CIL processing.

This milestone in metallurgical analysis, conducted on historic ore stockpiles, holds transformative potential for WGR. Results suggest both Heap Leach and CIL processes are feasible, indicating a pathway to a low capital expenditure gold operation. Particularly noteworthy is the prospect of a heap leach, which could obviate the need for constructing a mill and revenue-sharing for toll treatment with external parties.

Customer Notice:

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.

Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com