Western Gold Resources

Western Gold Resources Limited (ASX: WGR) is on the cusp of commencing production at its 100%-owned Gold Duke Project in the Wiluna Goldfield of Western Australia. The Project hosts a JORC 2012 Mineral Resource of 277,000oz @ 1.8g/t Au, with mining approvals secured and a toll milling agreement in place with the nearby Wiluna Processing Plant, enabling a capital-light development pathway. The updated Scoping Study for Stage 1 incorporates 686kt @ 2.1g/t for 42.8koz recovered and implies an NPV of A$97.3M based on a modest gold price of A$5,500/oz. The Company has recently executed a Letter of Intent covering mobilisation, clearing and site establishment works, marking a key step toward operational readiness.

Management Profile

Cullum Winn - Managing Director

Mr Winn is a highly experienced mining engineer from the Western Australian School of Mines. He holds a Western Australian First Class Mine Manager's Certificate and is a member of the Australasian Institute of Mining and Metallurgy (AusIMM).

Most recently, Mr Winn served as General Manager of Operations at Bald Hill for Lithco / Liatam Mining, where he played a key role in the successful ramp-up and stabilisation of operations to nameplate production. He advanced safety initiatives, ensured environmental compliance, and built strong, positive relationships with the Ngadju Native Title Corporation, the Ngadju people, and key stakeholders in the local community.

Mr Winn has held senior leadership roles at several prominent mining companies, including Newcrest Mining Limited, Westgold Resources Limited, Barrick Gold Corporation, and Norton Gold Fields. At Newcrest’s Havieron Project, he played a significant role in both the internal and external approvals for the Early Works Stage. He worked closely with the Jamukurnu Yapalikurnu Aboriginal Corporation (JYAC) and the Martu people, ensuring the project aligned with community expectations and respected cultural values.

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

3 Months

Mobilisation and Site Establishment followed by Mining and 1st Gold Production

6 Months

Continued Gold Production and Stage 1 – Life of Mine (LOM) Extensional Drilling and Resource Modelling

12 Months

Stage 1 – LOM Extensional Resources Fast tracked into Life of Mine (LOM)

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