Westgold lifts FY26 gold ore reserves 41% to 4.1 million oz

Reuters2026/08/19 22:51

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Westgold reported FY26 Ore Reserves of 57 Mt at 2.22 g/t gold for 4.1 Moz, up 41%.
Reserve grade rose 15% from 1.93 g/t, supported by about 1.5 Moz of gross additions at a AUD 27/oz conversion cost.
Total Mineral Resources were 194 Mt at 2.30 g/t for 14.4 Moz, up 8% after adjusting for divested non-core assets.
Planned FY27 exploration and resource drilling spend of AUD 50 million-AUD 75 million, targeting further resource-to-reserve conversion.
Group Reserve life held near 10 years at current installed processing capacity.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Westgold Resources Limited published the original content used to generate this news brief via CNW (Ref. ID: 202608191850CANADANWCANADAPR_C2235) on August 19, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Westgold lifts FY26 gold ore reserves 41% to 4.1 million oz

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