• Binding Toll Milling Agreement signed, accelerating transition to production
• All key approvals secured for Stage 1 open pits, paving way for operations
• Comprehensive mining services contract awarded, with deferred payment facility

Western Gold Resources Ltd (ASX: WGR) has presented an update on its Gold Duke project, a compelling gold development opportunity located in the heart of Western Australia's Goldfields. The company has secured all key approvals necessary to advance the project towards production, with full mining approvals received for the Stage 1 open pits of Eagle, Emu, Gold King, and Golden Monarch. This development is further underpinned by a binding milling agreement with Wiluna Mining Corporation, providing a clear processing solution for the project's ore at a time of record gold prices. Western Gold Resources has also executed letters of award with SSH Mining Australia, a subsidiary of SSH Group, to commence pre-mining works including clearing, grubbing, and site establishment. The mining services contract includes a deferred payment arrangement to support the company's cash flow as it begins operations. The updated mineral resource estimate for the Gold Duke project now stands at 4.8Mt @ 1.8g/t Au for 277,000 oz, with the production target comprising approximately 80% Measured and Indicated resources. The company has also identified several near-mine opportunities, including the Eagle South, Gold King South, and Emu South Extension areas, which have the potential to increase contained ounces and upgrade resources to support the Stage 1 mine plan. Western Gold Resources is well-positioned to fast-track the Gold Duke project into production, leveraging its fully approved status, secured processing solution, and comprehensive mining services arrangement.

Western Gold Resources is focused on fast-tracking the Gold Duke project into production, with a clear path forward underpinned by key approvals, processing and mining arrangements. The company plans to accelerate life-of-mine extensional drilling to expand the production pipeline, funded from Stage 1 mining cash flow.