05:22 PM EST, 01/08/2025 (MT Newswires) -- Westgold Resources ( WGXRF ) after close of trade Wednesday provided preliminary production results for it fiscal second quarter.
Westgold produced 80,886 ounces of gold in the period, up from 77,369 ounces in the prior quarter.
A ramp up at both the Bluebird and Beta-Hunt underground mines in Australia continues. At Bluebird-South Junction, efforts were focused on increasing grade and consistency of mine production, while a modified ground support regime was implemented. At Beta Hunt mine infrastructure upgrades critical to increasing mine outputs (including water, power reticulation and ventilation circuits) are being implemented and are due for completion at the end of Q3, FY25.
"To drive our long-term cost base down, plant expansion studies at Higginsville, Bluebird and Fortnum are advancing with initial capital estimates to be reported shortly," said Managing Director Wayne Bramwell. "To extend mine lives, our underground drilling fleet is fully deployed across the group and surface drill contractors are active at Peak Hill and Higginsville."