Westgold Resources (AU:WGX) has released an update.
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Westgold Resources unveils a promising 10-year expansion plan for its Fortnum Gold Operation, bolstered by a 91% increase in the Starlight Mineral Resource Estimate. The study suggests a mill expansion to enhance efficiency and projects significant financial returns with a potential mid-point net present value of $306M at $3,500/oz. This development could position Westgold as a strong player in the gold mining sector, attracting keen interest from investors.
For further insights into AU:WGX stock, check out TipRanks’ Stock Analysis page.
