• High confidence plan to deliver 470Koz pa of high margin production from FY28
• Underpinned by 2025 Ore Reserves, four processing hubs, and increasing mine outputs and mill feed grades
• Growth capital peaks in FY27 with proposed Higginsville hub expansion to 2.6Mtpa

Westgold Resources Limited (ASX | TSX: WGX) is pleased to present its 3-Year Outlook (3YO) - a high confidence plan that increases annual Group gold production from 326koz (delivered in FY25), lifts production and lowers all in sustaining cost (AISC) from FY27 and delivers 470Koz from FY28. The 3YO is conservative by design and excludes several material organic growth opportunities such as the Fletcher Zone at Beta Hunt. It is underpinned by the company's current portfolio of operating assets and predicated upon 2025 Ore Reserves, four processing hubs with ~6Mtpa processing capacity, and increasing mine outputs and mill feed grades. The 3YO demonstrates organic production growth to FY28, with AISC falling to circa A$2,500/oz by fully utilizing and expanding the existing processing capacity, activating open pit mining programs, and sustaining exploration and resource definition investment. Key assumptions include continued investment in safety, ESG initiatives, and staff development, as well as utilization of underground and open pit ore from existing mines and ore purchase agreements. The 3YO does not include any contribution from the emerging Fletcher Zone at Beta Hunt, which has the potential to add significant scale to the Southern Goldfields and requires further drilling.

The 3YO plans to increase annual gold production from 326koz in FY25 to 470koz by FY28, at an all-in sustaining cost of around A$2,500/oz.