08:11 AM EST, 02/18/2025 (MT Newswires) -- Westgold Resources ( WGXRF ) overnight Monday said additional large, high-grade drilling intervals returned 41.00m at 7.99 g/t gold and 19.00m at 5.95 g/t gold in hole FF475SP-62AE, and 38.00m at 6.80 g/t gold in hole WF440VD-55AE at the Fletcher Zone at the Beta Hunt mine at Kambalda, Western Australia.

The company has five drill rigs operating at the Fletcher zone.

The Mason zone target was interpreted as the southern fault offset extension of the Fletcher zone with the combined strike length of the two zones (Mason + Fletcher) now about 4km. The company expects Mason drill programs to start in Q4 of FY25.

"Unlocking value at Beta Hunt requires building a robust understanding of the various Beta Hunt orebodies with a long term mine plan focused on maximizing cash flow," said Westgold Chief Executive Wayne Bramwell. "The next step is to deliver a mineral resource estimate for Fletcher which we expect to announce to the market late in Q4 FY25.

Shares of the company closed down $0.050, or 2.3%, at $2.16 on Friday on the Toronto Stock Exchange.