WGX westgold resources limited.

"Its all about easy road access - GCY's mill is some distance...

  1. 35,479 Posts.
    lightbulb Created with Sketch. 2262
    "Its all about easy road access - GCY's mill is some distance from good roads."

    Maybe it is more about getting permission rather than the actual road building , there is a track from Dalgaranga down to Mt Magnet on the maps and it looks all flat , the roads are functional as dry weather roads (rainfall is probably no more than 250 mm a year ) as just very wide grader blade formed tracks using the existing red earth subsoil for material , there is no base course used maybe that is because there is no heap leach operations in the area ?
    Going North East from Dalgaranga towards Cue (where WGX have a mill ) there looks to be two small line of hills that need to be bypassed or cut through .
    I have not been East of Cue so just looking at it from google etc , poster Wassa has been in the area so maybe could give a more detailed account .


    "GCY's never never has a shale/silica? host different to what the mill was originally designed for so it may run at half speed max,who knows until test work done."

    GCY did some met tests , a couple of months back , the silica did cause more wear (guessing on liners) but the drop of in throughput was somewhere around only 10 to 15% from memory sp went up after the news

    A canadian company Monument also has a mill East of Cue , think a company called Odyssey has first dibs on it . North of Meekatharra is what is left of the Andy well plant , the mill has been removed though , but CIL tanks still there etc its probably only somewhere around 400 ktpa . There was another CIL mill West of Cue but I think its dilapidated .

    "The question is who is setting themselves up for longer lifed MILL operations in the area aka NST and who is living hand to mouth for ore to fill mills."
    Could be EVN rather than NST
    Last edited by plough: 21/07/23
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
$2.95
Change
-0.020(0.67%)
Mkt cap ! $2.768B
Open High Low Value Volume
$2.94 $2.98 $2.93 $3.987M 1.356M

Buyers (Bids)

No. Vol. Price($)
26 35450 $2.94
 

Sellers (Offers)

Price($) Vol. No.
$2.95 65714 42
View Market Depth
Last trade - 15.30pm 20/06/2025 (20 minute delay) ?
WGX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.