• Strong cash balance of $4.5 million and continued gold price strength
• Plans for LOM extensional drilling to add tonnes and ounces
• Executed pre-mining contracts and appointed mine operator

Western Gold Resources Limited (ASX: WGR) has provided its quarterly report for the three months ending 31 March 2026. The company continues to make progress at the Gold Duke Project, with activities aimed at developing the project towards production. Key highlights include: a strong cash balance of $4.5 million and continued gold price strength, providing WGR a unique opportunity to expand the Gold Duke Project; plans for a LOM extensional drilling program to add tonnes and ounces within the existing RPEEE pit framework, enhance grade continuity, and extend sustained production within Stage 1; the successful implementation and agreement for the extension of the WGR and Wiluna Mining Corporation Limited (WMC) Toll Milling Agreement by six months to the period ending 13 December 2027; the execution of a Letter of Award with SSH Mining Australia Pty Ltd to commence pre-mining works at the Gold Duke Project, including clearing, grubbing and site establishment; and the successful execution of Road User Agreements with the Shire of Wiluna and Main Roads WA for the haulage of ore from the Gold Duke Project to WMC's Wiluna Processing Plant.

Western Gold Resources is well-positioned to advance Stage 1 operations and growth initiatives at the Gold Duke Project, with a strong cash balance and continued gold price strength. The company plans to focus on completing site establishment, mobilization, and commencement of mining at the Gold Duke project, as well as undertaking a LOM extensional grade control and infill drilling program alongside Stage 1 mining activities in the upcoming quarter.