For thousands of other reports visit RSC's Mineral Intellingence Map

Westgold Resources Ltd.

opaxe

Summary

Project:

Central Murchison

Deposit:Reedys Mining Centre
Location:Australia
Commodities:Gold
Date:9/7/2017
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Active Mining & Production
Report details:7-9-2017: Westgold Resources Ltd. announces an Exploration/Drilling Update report for its Reedys Mining Centre deposit at the Central Murchison project. Retraction of historic remnant inventory statement. Westgold Resources Limited (Westgold) refers to it
Resources:(not mentioned in this report)
CP/QP:[Overall Report]: n/a (n/a)
ABSTRACT:Westgold Resources Limited (Westgold) refers to its ASX Announcement titled ‘Westgold to Develop Underground Mines at Reedy’s (CMGP)’ released on 7 September 2017 (the Announcement). In the Announcement reference is made to a historic remnant inventory in the South Emu - Triton Mine which was described as being non-JORC. This information relates to estimated reserves by the owner of the mine at closure. Westgold included this information for historical context and materiality of the mine plan. After consultation with the ASX, Westgold retracts this information. Shareholders should not rely on the information announced in relation to the historic remnant inventory statement.

Full Report

opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.

Full Report