• Ore Reserve ounces up 41% and grade up 15% at a Reserve addition cost of $27/oz
• Total Mineral Resource Estimate increased by 8% to 14.4Moz
• Total Ore Reserves increased by 41% to 4.1Moz

Westgold Resources Limited announced its updated Mineral Resource Estimate and Ore Reserve Statement as at 30 June 2026. The total gold Mineral Resource Estimate was 194 million tonnes at 2.30 grams per tonne for 14.4 million ounces of gold, reflecting an 8% growth year-on-year after adjusting for divestments. The Ore Reserves increased by 41% to 4.1 million ounces at a grade of 2.22 grams per tonne, with an addition cost of approximately $27 per ounce. The company plans to invest $50-75 million in exploration and resource development in FY27, aiming to convert more Resources into Reserves, extend mine life, and strengthen future production options.

Ore Reserve ounces up 41%, grade up 15%, at a Reserve addition cost of $27/oz

Westgold plans to invest $50-75M in FY27 exploration and resource development drilling to convert more Resources into Reserves, extend mine life, and strengthen future production options.