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Western Gold Resources Limited (ASX:WGR)

ALERT: Price-sensitive ASX Announcement for WGR
Current share price for WGR : $0.077 -0.073 (-48.67%)+
Announcement
Release
29 Apr 2026 8:57AM
Price at Release
$0.150
Full Release
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Summary
Western Gold Resources Limited (WGR) has secured a six-month extension to its Toll Milling Agreement with Wiluna Mining Corporation, supporting the development of WGR’s Gold Duke Project. This extension provides increased certainty for the processing of all currently defined Stage 1 ore and supports the planned Life-of-Mine Extensional Drilling Campaign. It aligns with WGR’s strategy to progress Stage 1 development and expand the production profile through additional drilling. Managing Director Cullum Winn highlighted that this extension is a significant de-risking milestone, enhancing operational flexibility and strengthening project planning capabilities.
Key Points
  • Western Gold Resources Limited extends a Toll Milling Agreement with Wiluna Mining Corporation.
  • The agreement supports the development of the Gold Duke Project.
  • The extension is for six months and provides increased certainty for processing arrangements.
  • This ensures all currently defined Stage 1 ore can be processed.
  • The extension supports the planned Life-of-Mine Extensional Drilling Campaign.
  • The agreement aligns with WGR’s strategy for Stage 1 development and production profile expansion.
  • Managing Director Cullum Winn emphasizes the de-risking milestone this extension represents.
  • The extension enhances operational flexibility and strengthens mine planning and project development capabilities.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.