• Maiden Mineral Resource Estimate for the Fletcher Zone of 31Mt @ 2.3g/t Au for 2.3Moz Au
• Stage 1 Fletcher Zone mineralisation extends over a zone up to 500m in width and 2 km in strike length with a vertical extent in excess of 800m
• Significant opportunity for resource extensions with Stage 2 drilling planned to test strike and depth extensions

Westgold Resources Limited has announced its maiden Mineral Resource Estimate (MRE) for the Fletcher Zone at the Beta Hunt mine in the Southern Goldfields of Western Australia. The Stage 1 Fletcher MRE of 31Mt @ 2.3g/t Au for 2.3Moz Au effectively doubles the September 2024 Beta Hunt Mineral Resource. The Fletcher Zone mineralisation extends over a zone up to 500m in width, 2 km in strike length, and with a vertical extent in excess of 800m. The MRE was based on Stage 1 drilling, which only tested the first 1 kilometre of the 2 kilometres of known strike of the Fletcher Zone. Westgold has commenced infill drilling for Stage 1 of the Fletcher Zone, targeting a maiden Ore Reserve during FY26, and is also planning to commence drilling for the Stage 2 target area, the northern kilometre of Fletcher, in the first half of FY26. Additionally, the company has commenced work to define the fault-offset extension of Fletcher to the south of the Alpha Island Fault, known as the Mason Zone. Scoping-level work is now underway to determine how best to maximize value from the significant Mineral Resource now defined at Fletcher, considering the substantial potential for increases in operational scale that Fletcher offers.

Westgold has not provided any high-importance, price-sensitive forward-looking financial metrics in the announcement.

Westgold is rapidly unlocking the value identified at Beta Hunt, with the Fletcher Zone Mineral Resource representing a transformational opportunity to further expand the scale of Beta Hunt outputs. The company is not slowing down its drill programs, with infill drilling for Stage 1 of the Fletcher Zone and plans to commence testing the northern extension in Stage 2. Scoping-level work is underway to determine how best to maximize value from the significant Mineral Resource now defined at Fletcher.