Westgold shoots for the stars with Starlight

Westgold (ASX: WGX) has increased the Starlight mineral resource estimate by 91% following a concerted two-year drilling program at the Fortnum project in WA.

Starlight’s mineral resource estimate now stands at 12.9mt at 2.7g/t of gold for 1.13moz.

The updated mineral resource comprises the underground mineral resource of an underground mineral resource of 8.7mt at 3.0g/t for 840koz and a newly estimated open pit mineral resource of 4.2mt at 2.2g/t au for 290koz.

Westgold managing director and chief executive Wayne Bramwell says the 91% increase marks two significant milestones for Westgold and the Fortnum project.

“Our technical team has drilled continuously for two years to extend mine life and has now defined mineral resources that offer the potential to integrate both open pit and underground mining to expand Fortnum production,” he said.

“Importantly, this result demonstrates the organic growth opportunities that exist within Westgold’s portfolio.

“Westgold has commenced a scoping study to evaluate expansion options with results of the Fortnum Expansion Project (FXP) study due in Q2 FY25.”