Western Gold Resources Limited (ASX:WGR)

Warren Thorne
Market Cap (AUD): 7.92M
Sector: Materials
Last Trade (AUD): 0.11 +0 (+0%)
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1. About

Western Gold Resources Limited (ASX:WGR), previously a wholly-owned subsidiary of GWR Group Limited (ASX:GWR), owns the Wiluna West Gold Project.  

The Wiluna West Gold Project is an advanced exploration project with a combined JORC-2012 Mineral Resource of 4,570,000 tonnes at 2.0 g/t Au, across a number of deposits. These gold deposits are located on granted mining leases and subject to a Native Title Agreement. 

In addition to this significant existing JORC-2012 Mineral Resource, the Board believes exploration upside exists along the relatively under-explored 22km of the Joyners Find Greenstone belt within the Wiluna West Gold Project, which sits adjacent to the prolific Norseman- Wiluna Greenstone belt. 

It is Western Gold’s intention to realise the true potential of its gold portfolio by exploring the 22km of Joyners Find Greenstone Belt while also advancing the brownfields resource.

2. Business model

3. Strategy

4. Markets

5. Competition

6. History

7. Team

8. Financials

9. Risk