Westgold Resources files new report on Meekatharra Gold Operations

On September 27, 2024, Westgold Resources announced the filing of a new technical report compliant with National Instrument 43-101 for its Meekatharra Gold Operations located in the Murchison Goldfields of Western Australia. This report, effective as of June 30, 2024, supports the company's earlier announcement regarding the declaration of a maiden ore reserve at South Junction. The technical report was prepared by qualified personnel from within the company, which raises questions about independence in the assessment. The report and the related news release are accessible on SEDAR+, ensuring transparency in the company's operations. Westgold's forward-looking statements highlight potential risks and uncertainties that could impact future performance, including commodity price fluctuations and regulatory changes. The company emphasizes the speculative nature of exploration and the importance of obtaining necessary permits, which are critical for the success of their mining operations.