Brief: Westgold Resources Sees Production At Bluebird Mill To Increase In Near Term

Westgold Resources

13/03/2024 23:09

March 14 (Reuters) - Westgold Resources Ltd  WGX.AX :
    * EXPECTS PRODUCTION AT BLUEBIRD MILL TO INCREASE IN NEAR
TERM
    * IN RECENT WEEKS CO'S OPERATIONS SUFFERED LOST TIME DUE TO
INTERMITTENT YET HEAVY RAINFALL ACROSS MURCHISON AND BRYAH
    * FLOODING HAS IMPACTED SOME OPERATIONS AND IMPACTED BOTH
SURFACE
AND UNDERGROUND HAULAGE
    * REMAINS ON TRACK TO DELIVER PRODUCTION & COST GUIDANCE FOR
FY24
    * CRUSHER REPAIRS AT BOTH FORTNUM & TUCKABIANNA ARE NOW
COMPLETE
    * CESSATION OF MINING AT PADDY'S FLAT UNDERGROUND THIS
QUARTER HAS
IMPACTED FY24 PRODUCTION BY CIRCA 15,000 - 20,000 OZ
    * FY24 PRODUCTION WILL NOW BE AT BOTTOM END OF GUIDANCE
RANGE
    * FY24 COSTS WILL NOW BE AT AT TOP END OF GUIDANCE RANGE


Further company coverage:  WGX.AX 

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