Westgold (ASX:WGX) accelerates exploration with outstanding drill results from Fletcher Zone at Beta Hunt

Westgold Resources Limited (ASX:WGX) has reported exceptional drill results from the Fletcher Zone at the Beta Hunt mine, marking significant progress in its Stage 3 Resource Definition drilling program.

The latest assays confirm high-grade gold mineralization, prompting the company to deploy additional drill rigs to accelerate the exploration efforts.

This move aims to fast-track the maiden Mineral Resource Estimate, targeted for late Q2 to early Q3 FY25.

Highlights:

• Significant gold intersections include:
  • 4.00m @ 22.45g/t Au (WF440N1-01AR)
  • 5.00m @ 10.95g/t Au (WF440N1-21AE)
  • 5.20m @ 10.13g/t Au (WF440N1-02AR)
  • 8.00m @ 5.26g/t Au (WF440N1-01AR)
  • 7.00m @ 7.97g/t Au (WF440N1-21AE)
• Two additional drill rigs will be mobilized, increasing the fleet to three at Fletcher.
• A maiden Mineral Resource Estimate for Fletcher is expected in late Q2 or early Q3 FY25.

Westgold Managing Director and CEO, Wayne Bramwell, emphasized the importance of these developments: “The Fletcher Zone is key to expanding gold production at Beta Hunt. Accelerating drilling will rapidly unlock value at Fletcher. To date, Fletcher has only 32 drill holes into this emerging 2km long target, and Westgold is now mobilizing an additional two drill rigs to Beta Hunt to accelerate this program. Westgold looks forward to expanding production at Beta Hunt and delivering a maiden Mineral Resource Estimate for the emerging Fletcher Zone in late Q2 / early Q3 FY25.”

These outstanding results from the Fletcher Zone reinforce Westgold’s strategy to expand its gold production at the Beta Hunt operation.

With the accelerated drilling program and the upcoming Mineral Resource Estimate, Westgold is well-positioned to unlock further value from this significant discovery, contributing to the company’s growth trajectory in the Southern Goldfields region of Western Australia.