If Big Bell performs Westgold will succeed and become a great company. It all comes down to this. Place your bets!
Newest Addition - Big Bell Mine • A historic producer of 2.7Moz closed in 2003. • Total Mineral Resource* 2.11 Moz (23.8 Mt @ 2.75g/t) • Total Ore Reserve 1.1 Moz (11.83 Mt @ 2.88g/t) • A sub-level mining cave mining operation (bulk, low cost mining). • Annual Production ~ 1 million tonnes per annum. • Annual gold output ~ 100,000oz per annum. • Over $100m invested over last 3 years. • Ready to commence sub-level caving in late Feb ‘20. • A minimum 10 year mine life – a 15 yr line of sight. * Refer to ASX announcement of October 4, 2019 for detail of resources and reserves
WGX Price at posting:
$2.19 Sentiment: Hold Disclosure: Held
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