Company News Summary | 11 Feb 2020

Click the print icon in your browser to print this report. Currency is in AUD unless otherwise specified

Westgold Resources Releases ASX Investor Gold Conference - Company Presentation

15:55:00 | Associate analysts

Original annuncemenet:ASX INVESTOR GOLD CONFERENCE - COMPANY PRESENTATION

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.

This report appeared on www.morningstar.com.au 2020 Morningstar Australasia Pty Limited

© Copyright 2020 Morningstar Australasia Pty Ltd ABN: 95 090 665 544 ("Morningstar"), AFSL no 240892. (a subsidiary of Morningstar, Inc.). This information is to be used for personal, non-commercial purposes only. No reproduction is permitted without the prior written content of Morningstar. Some of the material provided is published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO").

DISCLAIMER: To the extent that any of the content above constitutes advice, it is general advice that has been prepared without reference to your objectives, financial situation or needs. Before acting on any advice, you should consider the appropriateness of the advice and we recommend you obtain appropriate financial, legal and taxation advice before making any financial investment decision. If applicable, investors should obtain the relevant product disclosure statement and consider it before making any decision to invest. Please refer to our Financial Services Guide (FSG) for more information at www.morningstar.com.au/About/ FSG or phone Morningstar on 1800 03 44 55 to request a copy. The data and content contained herein are not guaranteed to be accurate, complete or timely. Neither Morningstar, nor its affiliates nor their content providers will have any liability for any use or distribution of any of this information

DISCLOSURE: Employees may have an interest in the securities discussed in this report.