WGX 1.75% $2.25 westgold resources limited.

Another update on Bluebird with more results and more gold. The...

  1. 11,680 Posts.
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    Another update on Bluebird with more results and more gold. The plan is pretty simple at this point.

    https://hotcopper.com.au/data/attachments/6170/6170414-490cb01e5253f77612b012b034514a14.jpg
    If South Junction can be proven up to a point where another mining front can be opened, then logically, it will be able to add perhaps 250ktpa, or a 50% increase to the Bluebird U/G mine overall.

    https://hotcopper.com.au/data/attachments/6170/6170442-1d85eae8abfbdea6f5e578332ab93081.jpg
    Bluebird expansion is very necessary and unsurprisingly, WGX is spending big exploration wise with 4 rigs, to make sure they can proceed with the expansion.

    https://hotcopper.com.au/data/attachments/6170/6170454-b3ecc8bd195d9cb43d525f545ec9e81e.jpg
    Finally, it would seem WGX is not going to be content with 750ktpa expansion, when there is potentially to further expand North....

    https://hotcopper.com.au/data/attachments/6170/6170469-3c9aba5bf400205823b223c7a9a034bb.jpg
    https://hotcopper.com.au/data/attachments/6170/6170472-906d8f10dfb7c1f0b76a82808e88a03f.jpg

    Overall, I feel like WGX is slowly progressing towards to some market sensitive news, other than the merger.
    Big Bill Deeps progress, Great Fingall flats (early production) and Bluebird expansion.
 
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