Western Gold Resources

Primary Ticker: ASX:WGR
Stage of Development: Development
Primary Minerals: Gold
Country / Region: Australia
Market Cap 72M
Corporate Presentation: Go to presentation
Website: Western Gold Resources

Western Gold Resources (ASX:WGR) is a near-term Western Australian gold producer advancing its 100%-owned Gold Duke Project in the Wiluna region. The project hosts a JORC 2012 Mineral Resource of 214koz @ 2.1g/t Au, with mining approvals and a toll milling agreement in place with the nearby Wiluna Processing Plant. First gold is targeted for late 2025 / early 2026 and recent studies points to a capital-light, near-term cash generator of undiscounted cash surplus of A$56.1M at A$4,500/oz (after all working capital and pre-mining capital), rising to A$97.3M at A$5,500/oz.

 

Management Profile

Cullum Winn Managing Director

 

What are your key goals for the next 3, 6 and 12 months?

3 Months

Decision to Commence Mobilisation

6 Months

Gold Production and Positive Cashflow

12 Months

Stage 1 In Full Production and Stage 2 Developed in ensure continued Gold Production

 

What do you think makes your company such a compelling investment?

High Grade Gold Ore Close to surface supports 3 Month Cash Back. Binding Toll Milling Agreement with closest and most logical processing plant