Westgold Resources (AU:WGX) has released an update.
Westgold Resources has announced the definition of the Fletcher Exploration Target at its Beta Hunt Mine, projecting 1.6 to 2.1 million ounces of gold across an estimated 23-27 million tonnes of ore. With the arrival of the first of two underground drilling rigs, the company aims to accelerate resource definition by implementing a three-rig drilling program. The exploration targets, which are conceptual estimates based on limited drilling, signal significant potential for the Beta Hunt operation, though further exploration is required to determine if these targets can be converted into a Mineral Resource.
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