PERTH, Western
Australia, Sept. 27, 2024 /CNW/ - (ASX: WGX) (TSX:
WGX) (OTCQX: WGXRF) – (Westgold or the
Company) advises that it has filed a new National
Instrument 43-101 – Standards of Disclosure of Mineral Projects
(NI 43-101) compliant technical report for its Meekatharra
Gold Operations in the Murchison Goldfields in Western Australia.
The technical report titled "NI 43-101 Technical Report,
Meekatharra Gold Operations, Muchison Goldfields, Western Australia" dated 27 September 2024, with an effective date of
30 June 2024 (the Technical
Report) supports the news release of the Company dated
14 August 2024 (updated on
16 August 2024), titled "Westgold
Declares Maiden South Junction Ore Reserve" (the Release).
Under NI 43-101, issuers must file a technical report within 45
days of the date of initial disclosure of, among other things, a
new or materially changed Mineral Resource Estimate. Copies of the
Technical Report and the Release are available under the Company's
profile on SEDAR+ (www.sedarplus.ca). There are no material
differences between the Technical Report and the information
disclosed in the Release.
Technical Report and Qualified Persons
The Technical Report has been prepared in accordance with the
requirements of NI 43-101 by Leigh
Devlin and Jake Russell, each
of whom are Qualified Persons (as defined under NI 43-101). As both
Mr. Devlin and Mr. Russell are employees of the Company, neither is
independent for purposes of NI 43-101.
This announcement is authorised for release by the Board of
Directors.
Forward-Looking Information
These materials prepared by Westgold include forward looking
statements. Often, but not always, forward looking statements can
generally be identified by the use of forward-looking words such as
"may", "will", "expect", "intend", "believe", "forecast",
"predict", "plan", "estimate", "anticipate", "continue", and
"guidance", or other similar words and may include, without
limitation, statements regarding plans, strategies and objectives
of management, anticipated production or construction commencement
dates and expected costs or production outputs. Forward-looking
statements inherently involve known and unknown risks,
uncertainties and other factors that may cause the Company's actual
results, performance and achievements to differ materially from any
future results, performance or achievements. Relevant factors may
include, but are not limited to, changes in commodity prices,
foreign exchange fluctuations and general economic conditions,
increased costs and demand for production inputs, the speculative
nature of exploration and project development, including the risks
of obtaining necessary licenses and permits and diminishing
quantities or grades of reserves, political and social risks,
changes to the regulatory framework within which the Company
operates or may in the future operate, environmental conditions
including extreme weather conditions, recruitment and retention of
personnel, industrial relations issues and litigation. Forward
looking statements are based on the Company and its management's
good faith assumptions relating to the financial, market,
regulatory and other relevant environments that will exist and
affect the Company's business and operations in the future. The
Company does not give any assurance that the assumptions on which
forward looking statements are based will prove to be correct, or
that the Company's business or operations will not be affected in
any material manner by these or other factors not foreseen or
foreseeable by the Company or management or beyond the Company's
control. Although the Company attempts, and has attempted, to
identify factors that would cause actual actions, events or results
to differ materially from those disclosed in forward looking
statements, there may be other factors that could cause actual
results, performance, achievements or events not to be as
anticipated, estimated or intended, and many events are beyond the
reasonable control of the Company. In addition, the Company's
actual results could differ materially from those anticipated in
these forward-looking statements as a result of the factors
outlined in the "Risk Factors" section of the Company's continuous
disclosure filings available on SEDAR+ or the ASX, including, in
the Company's current annual report, half year report or most
recent management discussion and analysis. Accordingly, readers are
cautioned not to place undue reliance on forward-looking
statements. Forward-looking statements in these materials speak
only at the date of issue. Subject to any continuing obligations
under applicable law or any relevant stock exchange listing rules,
in providing this information the Company does not undertake any
obligation to publicly update or revise any of the forward-looking
statements or to advise of any change in events, conditions or
circumstances.
SOURCE Westgold Resources Limited