2012-09-29 20:00:31 - New Materials research report from GlobalData is now available from Fast Market Research
Westgold Resources Limited (Westgold Resources) is an Australian mineral exploration company. It engages in the exploration of gold and base metal. The company's holds deep interest in Murchison Gold Project (CMGP) in Western Australia and Rover project in the Northern Territory. The total mineral resource estimate from both projects is in excess of 3.22 Million ounces gold equivalent. The Rover project encompasses three major deposits. They are Rover 1 rich in gold and copper ironstone system; Explorer 142 also holds copper and gold deposits; Explorer 108 is rich in lead, zinc, copper , gold and silver deposit. The Rover Project tenure also covers numerous similar untested geophysical targets which could represent new IOCG or base metals systems. While the Murchison
Gold Project (CMGP) undertakes three mining centres , namely, Big bell, Golden crown and Cuddingwarra. The current remnant Identified Mineral Resource Estimate (JORC) at Big Bell is 6,437,813t @ 3.82g/t Au (748,000oz); 1.3Mt @ 9.4g/t (396,000oz) for golden crown mining centre and 349,000 oz cuddingwarra mining centre. Similar other projects include Lake Lefroy, Mc Aurther Basin JV and Maitland JV. Westgold Resources is headquartered in Western Australia.
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In November 2011, the company estimated its Jim's Find Mineral Resource of total 300,000 tonnes at 1.67 g/t Au containing 16,100 oz Au . In May 2011, the company acquired Aragon Resources.
Westgold Resources Limited Key Recent Developments
Feb 07, 2012: Westgold Provides Update On Central Murchison Gold Project In Western Australia
Nov 03, 2011: Westgold Intercepts High Grade Gold At South Fingall Prospect
Nov 25, 2011: Westgold Appoints GRES To Undertake Processing Study For Central Murchison Gold Project
Nov 30, 2011: Westgold Provides Update On Jim's Find Prospects In Australia
Oct 14, 2011: Westgold Completes Further Round Of Evaluation Drilling At Jim's Find Prospect
This comprehensive SWOT profile of Westgold Resources Limited provides you an in-depth strategic analysis of the company's businesses and operations. The profile has been compiled by GlobalData to bring to you a clear and an unbiased view of the company's key strengths and weaknesses and the potential opportunities and threats. The profile helps you formulate strategies that augment your business by enabling you to understand your partners, customers and competitors better.
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