Westgold Recommences Mining at Great Fingall

Executive Summary

• Westgold Resources has fired its first high‑grade stope at the historic Great Fingall underground mine, delivering average grades of 3–4 g/t Au.
• The restart aligns with FY26 guidance for first ore in Q2 FY26 and initiates a ramp‑up to ~40,000 t per month (≈0.5 Mtpa) by late FY27, complementing Big Bell’s bulk feed.
• Underground drilling continues to extend mine life beyond the current six‑year plan, supporting long‑term high‑grade production and improved operating margins.

Key Details

• First stope firing at Great Fingall completed; grades averaging 3–4 g/t Au (over 3 g/t reported).
• Production from virgin stopes begins, meeting the company’s FY26 guidance for first ore in Q2 FY26.
• Ramp‑up schedule: steady‑state production of ≈40 kt per month (~0.5 Mtpa) by late FY27, feeding the Cue processing hub.
• Great Fingall will supply high‑grade ore to complement the >1 Mtpa bulk tonnage from the nearby Big Bell mine, enhancing overall margins.
• Ongoing underground drilling targets extensions of the current six‑year mine life and new lodes beyond existing plans.
• Mine operates under a three‑year underground mining contract with Barminco, ensuring stable service provision.
• Historical context: Great Fingall produced 1.2 Moz of gold (average 19.5 g/t) between 1891–1918; Golden Crown added further high‑grade ounces.

Notable Quotes

“The recommencement of stoping at Great Fingall is a proud achievement for all at Westgold and the Western Australian underground mining community… The high‑grade output from Great Fingall will complement the volume from Big Bell, strengthening our operations and creating lasting value for our shareholders.” – Wayne Bramwell, Managing Director & CEO