Binance Square

miningdecision

40 ogledov
2 razprav
Crypto World News
--
🪙 Western Gold Resources Greenlights Mining at Gold Duke Project Western Gold Resources (WGR) has formally approved mining at its 100%-owned Gold Duke gold project in Western Australia, marking a pivotal shift from exploration to near-term production. ✅ Board approves formal mining decision for the Gold Duke Project near Wiluna, advancing WGR toward becoming a producer. 📍 All four open-pit targets — Eagle, Emu, Golden Monarch, and Gold King — are fully permitted for mining. 🛠 Grade control drilling confirms continuity, reducing risk and improving ore boundary definition. ⛏ Pre-mobilisation & site readiness underway; mobilisation planned for Q1 2026 with updated resource models due by year-end. 💰 Current resource at ~3.25 Mt @ 2.1 g/t Au (~214,000 oz gold in Measured, Indicated & Inferred). This decision transitions WGR from explorer to emerging producer, leveraging strong drilling results, full permits, and a clear path to first gold — potentially benefiting from elevated gold prices and enhanced project economics. #GoldMining #WesternGoldResources #MiningDecision #GoldMarket #WriteToEarnUpgrade $PAXG
🪙 Western Gold Resources Greenlights Mining at Gold Duke Project

Western Gold Resources (WGR) has formally approved mining at its 100%-owned Gold Duke gold project in Western Australia, marking a pivotal shift from exploration to near-term production.

✅ Board approves formal mining decision for the Gold Duke Project near Wiluna, advancing WGR toward becoming a producer.

📍 All four open-pit targets — Eagle, Emu, Golden Monarch, and Gold King — are fully permitted for mining.

🛠 Grade control drilling confirms continuity, reducing risk and improving ore boundary definition.

⛏ Pre-mobilisation & site readiness underway; mobilisation planned for Q1 2026 with updated resource models due by year-end.

💰 Current resource at ~3.25 Mt @ 2.1 g/t Au (~214,000 oz gold in Measured, Indicated & Inferred).

This decision transitions WGR from explorer to emerging producer, leveraging strong drilling results, full permits, and a clear path to first gold — potentially benefiting from elevated gold prices and enhanced project economics.

#GoldMining #WesternGoldResources #MiningDecision #GoldMarket #WriteToEarnUpgrade $PAXG
Prijavite se, če želite raziskati več vsebin
Raziščite najnovejše novice o kriptovalutah
⚡️ Sodelujte v najnovejših razpravah o kriptovalutah
💬 Sodelujte z najljubšimi ustvarjalci
👍 Uživajte v vsebini, ki vas zanima
E-naslov/telefonska številka