Learn To Invest
Stocks Special Reports LICs Credit Funds ETFs Tools SMSFs
Video Archive Article Archive
News Stocks Special Reports Funds ETFs Features SMSFs Learn

Company News Summary

Westgold Resources Releases ASX Investor Gold Conference - Company Presentation

11 Feb 2020  |  15:55:00  |  Associate analysts  |  Increase  |  Decrease  |  


Westgold Resources released ASX presentation stating that the Company is a dominant gold Producer in the Central Murchison region of W.A. The Company has 3 processing plants with the production expected to be 300,000oz in CY 2020. The Company advised that Big Bell Mine reported Total Mineral Resource 2.11 Moz and Total Ore Reserve 1.1 Moz with an annual production of 1 million tonnes per annum with Annual gold output 100,000oz per annum. The mine is ready to commence sub-level caving in late Feb 2020. The Company advised on the Castile Demerger stating 1:4 In-specie Distribution to Westgold Shareholders 99.85m shares and 1:1 Entitlements Issue exclusively to Westgold Shareholders 99.85m shares.

Please click here for full details

See more ASX300 News Announcements