11:41 AM EDT, 04/30/2025 (MT Newswires) -- (Updates shares.)

Westgold Resources ( WGXRF ) on Wednesday reported on its exploration and resource development activities during the its fiscal third quarter.

At the Murchison property in Australia, the latest drill results from the Bluebird-South junction include 8.11 meters at 12.66 grams per tonne (g/t) gold from 166.00 meters and 6.72 meters at 8.30 g/t gold from 163.00 meters.

At the Southern Goldfields project also in Australia, the company said the Beta Hunt area continues to deliver encouraging results including 22.00 meters at 4.69 g/t gold from 134.00 meters. The company said it identified 20 priority greenfield exploration targets at the property.

"Westgold is well funded, systematic and focused on expanding the assets that can deliver higher quality mine outputs, reduce our cost base and enhance our production profile," Managing Director and CEO Wayne Bramwell said.

Westgold shares were last seen down $0.06 to $2.61 on the Toronto Stock Exchange.

Price: 2.61, Change: -0.06, Percent Change: -2.25