WGX westgold resources limited.

Great update and well done to the whole team!I note Wayne...

  1. 12,616 Posts.
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    Great update and well done to the whole team!
    I note Wayne recently said the main focus of the MRE update was to increase the M&I, which clearly it succeeded at.
    At an 70% conversion, I would love to see well over 500k in reserves, with... a clear picture that this will likely double within another 2 years... giving Bluebird a 10 year LOM at 100k p.a. I genuinly think the Bluebird complex will become the engine house for the Murchison operations over the coming decade and cement WGX as a mid tier producer with.... aspirations.

    https://hotcopper.com.au/data/attachments/6615/6615722-9e0e1610c3be91568449fd026b969bb6.jpg

    Also looks almost guaranteed that they will put in another portal/decline to enable further expansion towards... 1.5mtpa.

    https://hotcopper.com.au/data/attachments/6615/6615730-6a67886bb9c1e48a51ae344710700757.jpg

    For those interested... this is what the drill bit can do in just 2 years at a major gold deposit. I have tried to get all the imaged to scale (most of the documents are sometimes just 3-4% out!). I think the most important is of course the right below. HUGE..... mineralisation footprint... with still no end in sight and the rest of the 10km+ not yet fully tested.

    https://hotcopper.com.au/data/attachments/6615/6615716-562731a7fd253741b21e10616c514436.jpg
    Looking forward to seeing what the 4 rigs can delineate over the coming 12 months.
 
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