Western Gold Resources (ASX: WGR) — Company Overview, News & Financial Data
Western Gold Resources is an Australian mineral exploration and gold development company focused on advancing its prospective mining assets in Western Australia.
Western Gold Resources
Western Gold Resources is an Australian mineral exploration and gold development company focused on advancing its prospective mining assets in Western Australia. The company controls gold assets in the Joyners Find Greenstone Belt within the Wiluna region, hosting JORC-compliant gold resources. Its operational activities encompass resource definition drilling, environmental and technical studies, mine development planning, and securing commercial ore processing arrangements with regional partners. Western Gold Resources aims to transition its gold exploration assets into commercial mining operations through open-pit extraction and regional third-party toll milling facilities.
Snapshot
Operations
Products and/or services of Western Gold Resources
- Open Pit Gold Mining: Development of shallow open-pit gold mining deposits across twenty-five kilometers of greenstone belt terrain in the Wiluna region of Western Australia, targeting near-term commercial gold ore extraction and mine site infrastructure deployment.
- Ore Processing and Toll Milling: Execution of commercial ore processing and binding milling agreements with regional processing plant operators to transport and treat mined oxide gold ore, eliminating the necessity for constructing on-site processing infrastructure.
- Gold Resource Definition and Drilling: Execution of reverse circulation and diamond drilling programs to expand established mineral resource estimates of 293,000 ounces at 2.0 grams per tonne gold, upgrading resource categories and identifying high-grade extensions.
- Regional Exploration and Target Generation: Geological mapping, soil geochemistry, and geophysical surveys across greenstone belt tenure to identify untested structural targets and expand the regional gold exploration portfolio within Western Australia.
- Environmental and Regulatory Permitting: Management of statutory approvals, mining proposals, mine closure planning, and environmental impact assessments required to transition exploration licenses into fully permitted, active commercial gold mining operations.
- Technical Feasibility and Scoping Studies: Completion of technical evaluation studies, pit optimization modeling, metallurgical testing, and scoping assessments to establish operational parameters, mine scheduling, gold recovery estimates, and financial projections.
Western Gold Resources executive team
- Cullum Peter WinnMD, CEO & Director
Recent announcements
What Western Gold Resources (WGR) has told the market, newest first.
- Date of AGM and Closing Date for Director Nominations
- Appendix 4G & Corporate Governance Statement
- Annual Report to shareholders
- Cleansing Notice
- Application for quotation of securities - WGR
Key financials
Reported results for Western Gold Resources.
- Market cap
- 22.5M
- Revenue (TTM)
- 10.6K
- P/E ratio
- —
- EPS (diluted, TTM)
- -0.0
- Dividend yield
- —
- Profit margin
- 0.0%
| Fiscal year end | Revenue | Operating income | Net income |
|---|---|---|---|
| — | -7.2M | -9M | |
| 66.6K | -1.9M | -2.5M | |
| 4.6K | -2.4M | -3.1M | |
| 2.6K | -1.9M | -1.9M |