Western Gold Resources set for extensive grade control drilling ahead of production

• WGR about to kick-off pre-production drilling to de-risk operations at Gold Duke
• Company moves toward final investment decision, eyes first mining in Q4 
• Revised scoping study to take into account high gold prices

Special Report: Western Gold Resources is about to kick-off 35,300m of grade control and infill drilling ahead of production at the Gold Duke project in WA.

Grade control and infill drilling is a critical step in transitioning from exploration to production.

By undertaking it upfront – drilling stage 1 pits at Emu, Eagle, Golden Monarch and Gold King – the company will have full visibility of mineralised zones.

That enables dynamic mine planning, increased operational flexibilities and maximises ore production efficiency. 

It also supports rapid advancement towards the start of mining in late Q4 2025 and strengthens Western Gold Resources’ (ASX:WGR) low-cost, high-efficiency production strategy. 

Revised scoping study in the works

The company is also revisiting the updated scoping study for the Gold Duke project in light of gold prices sustained above A$5,000/oz since April.

The study, which could enhance project economics, remains on track for release within the next four weeks. 

“The scheduled commencement of drilling at the Gold Duke project on August 27 is yet another critical and exciting milestone for our company,” managing director Cullum Winn said. 

“By completing this work upfront, we significantly de-risk operations, strengthen mine scheduling flexibility and position ourselves for a successful transition to first mining in late Q4 2025.”

WGR has also submitted a miscellaneous licence to provide optionality for its haulage route to the Wiluna processing plant.

This article was developed in collaboration with Western Gold Resources, a Stockhead advertiser at the time of publishing. 

This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.