Westgold Resources Initiates Mining Operations at South Junction
Westgold Resources Begins Mining Operations at South Junction
Westgold Resources Limited (ASX: WGX, OTCQX: WGXRF) has announced the commencement of mining at the South Junction Lode, part of its Bluebird-South Junction mining complex situated in Meekatharra. This development marks a significant milestone for the company as it seeks to ramp up production within this key area.
Establishing Mining Infrastructure
The mining of the South Junction Lode is now underway, with the target set for a monthly run rate of 100,000 tonnes from the Bluebird-South Junction mine by the third quarter of FY25. Significant drilling results have already extended the known mineral systems, indicating the potential for deeper mineralization.
Significant Drilling Results
Recent drilling highlights include:
- 14.93m at 15.95g/t Au from hole 24SJDD029.
- 6.83m at 15.31g/t Au from hole 24SJDD027.
- 13.00m at 3.65g/t Au from 24SJDD032.
- 11.42m at 4.92g/t Au from hole 24SJDD029.
- 8.95m at 4.01g/t Au from hole 24SJDD026.
These results are a testament to the continued exploration efforts within the South Junction Resource Definition program, which aims to delineate deeper extensions of the South Junction and Polar Star Lodes.
Leadership Insights
Wayne Bramwell, the Managing Director and CEO of Westgold, stated, "The commencement of mining on the South Junction Lode is an essential step in unlocking value within the larger Bluebird-South Junction mining complex. Our dedicated team has achieved this milestone promptly, and we are excited about the path ahead as we explore additional mineralized lodes, particularly the Polar Star Lode."
Future Plans
Moving forward, Westgold is undertaking comprehensive resource definition drilling, which will continue to provide insights into the extent of the mineralization. The company is committed to upgrading its infrastructure to support the planned increase in production from the Bluebird-South Junction complex.
Exploration Program Progress
The current exploration program has adapted well to previous announcements from mid-year regarding ongoing efforts to expand resource definitions. Recent drilling efforts targeting the depths have shown promising intersections, which are critical for the upcoming resource reports.
Additional Insights on Mining Operations
Westgold's mining team is focused on delivering positive results. Drilling continues to intersect additional lodes within the South Junction system, which has shown to be economically viable over its extensive historic production history. The company's increased capital investment in development will ensure that operations can effectively tap into the identified resources.
Frequently Asked Questions
What recent developments have occurred at Westgold Resources?
Westgold has officially commenced mining operations at the South Junction Lode, aiming for a production rate of 100,000 tonnes per month by next year.
What are the notable findings from recent drilling?
Key findings include several high-grade intersections with results like 14.93m at 15.95g/t Au from drill hole 24SJDD029.
What is the strategic importance of the South Junction Lode?
The South Junction Lode is critical to Westgold's plans as it aims to unlock further value and increase production alongside its Bluebird processing plant.
Who is leading Westgold Resources?
Wayne Bramwell serves as the Managing Director and CEO, overseeing the company’s strategic initiatives and operational execution.
What are the future plans for resource definition drilling?
Westgold expects to continue its exploration efforts, targeting deeper mineralization while evaluating additional lodes, including the Polar Star Lode.
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