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Lodgement of Prospectus with ASIC

Western Gold Resources Limited (Company) has lodged the prospectus accessible through this website dated 18 May 2021 (Prospectus) with the Australian Securities and Investments Commission (ASIC).

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Summary of Drilling

A total of 1,928 drill holes for 70,483m have been completed by various operators since 1982 in the Gold Duke Project area. 4931 holes for 325,072m have been completed in the entire Gold Duke Project area many of these targeting iron ore.

A summary is provided below and in Table 2:

  • 1282 drill holes for 47,083m specifically targeting gold mineralisation and of these only 681 holes for 40,199m (53%) are greater than 20 m in depth;
  • GWR has completed and assayed 322 drill holes for 18,427 m targeting gold mineralisation. With 96 of these holes for 5,000 m being aircore holes on a 400m by 40 m spacing; and
  • GWR has also completed 926 drill holes for 79,920m targeting iron ore mineralisation within the Gold Duke Project area. No Au assays were collected from 365 of these holes;
SeriesType# HolesMetersAve DepthCompany
CRAB72813,12318Sipa
CDDDDH2438219General Gold
CHRCRC972080Plutonic
CPPDH417143Sipa
CRRC1448,42758Sipa
CRCRC420752General Gold
DDHDDH7825118Noranda
JRAB2297344Sipa
JFRC30113,48845Teck & Sipa
JFDDDH4569142Sipa
JFRCRC131,19492Plutonic
JORCRC1077177Normandy
JRCRC2057,37736Linden Gold
KFRBRAB291,77861Plutonic
PDHPDH1263953Noranda
WRRAB/RC131,15789Sipa
Pre GWR Total150751,85634
WWACAC965,00052GWR
WGRCRC1226,96257GWR
WWRC AuRC1046,66564GWR
GWR Total32218,62758
Project Total182970,48338
Table 2. Drilling Summary
  • RC: Reverse circulation
  • RAB: Rotary Air Blast
  • AC: Air-core
  • PDH: Percussion drill hole (open hole)
  • DDH: Diamond core drill hole