Drilling at the Joyners Find prospect. Source: Western Gold
Market Herald logo

Subscribe

Be the first with the news that moves the market
  • Western Gold Resources (WGR) extend its exploration drilling program at its Gold Duke Project, located near Wiluna in WA, in a bid to further explore the prospective site
  • An additional 77 holes for 4637 metres is expected to be drilled across the Wren and Gold King deposits
  • Since the project kicked off in early March, drilling has been completed at the Brilliant, Eagle and Joyners Find deposits, with a total of 75 holes drilled
  • The program is part of the company’s 20,000 metre drilling schedule set down for 2022, with the first assays expected in the coming weeks
  • WGR shares have been trading grey at 13.5 cents

Western Gold Resources (WGR) is set to extend its exploration drilling program at its Gold Duke project, in a bid to further explore the prospective site.

Located west of Wiluna in Western Australia’s mid west region, an additional 77 holes for 4637 metres will be drilled across the Wren and Gold King deposits.

Since the program commenced in early March, drilling has been completed at the Brilliant, Eagle and Joyners Find deposits, with a total of 75 holes drilled for 6414 metres.

With all approvals already in place, as well as an existing rig onsite, the company has decided to extend its drilling program to explore the highly prospective Wren and Gold King prospects.

The program is part of WGR’s 20,000 metre planned drilling project in 2022, and builds on the company’s success during its 2021 exploration program.

The current combined resource estimate for the Gold Duke project measures 4.75 million tonnes at 2 g/t gold, representing 293,000 contained gold ounces.

An upgrade to this estimate is now being prepared by mining consultant Optiro ahead of a scheduled release within the next few months.

Western Gold Resources Managing Director Warren Thorne said the company is excited for the opportunity to extend its drilling program across several prospective targets at its Gold Duke project.

“The additional drilling aims to increase knowledge and resource confidence at Gold King, as well as exploring the Wren prospect,” Mr Thorne said.

“We look forward in updating the market as the assay results are received from the laboratory.”

First assay results from the 2022 program are expected to be released in the coming weeks.

WGR shares were trading grey at 13.5 cents at 11.45am AEST.

WGR by the numbers
More From The Market Herald

" Newcrest Mining (ASX: NCM) to progress farm-in deal for Antipa Minerals’ (ASX:AZY) Wilki project, WA

Newcrest Mining (ASX:NCM) has agreed to operate Antipa Minerals' (ASX:AZY) Wilki project in WA as part…

" Tesoro Gold (ASX:TSO) increases Ternera Deposit MRE

Tesoro Gold (ASX:TSO) has increased its mineral resource estimate for the Ternera Gold Deposit in Chile…
BetMakers (ASX:BET) - CEO, Todd Buckingham

" Betmakers Technology (ASX:BET) selected as new tote provider in Norway

BetMakers Technology (ASX:BET) has been contracted to be the new tote technology and services provider for…

" Anson Resources (ASX:ASN) reaches target depth at Paradox lithium project, Utah

Anson Resources (ASX:ASN) has reached its target depth in an expansion drilling program at its Paradox…