Norwest Minerals Ltd. (AU:NWM) has released an update.
Norwest Minerals Limited has announced an increase in the mineral resource estimate for their Bulgera Gold Project, with the updated figures now standing at 6.3 million tonnes at 1.07g/t, totaling 217,600 ounces of gold. The revision has been attributed to the significant rise in gold prices, which has also prompted the company to re-evaluate the economic potential of over 2 million tonnes of oxide waste dumps. Additionally, Norwest has appointed BDO Audit Pty Ltd as their new auditor, following a restructuring at BDO WA.
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