ASX and Media Announcement Westgold Resources Limited
ASX and Media Announcement
Westgold Resources Limited
ABN 60 009 260 306
ASX | TSX: WGX
T: +61 8 9462 3400
W: westgold.com.au
Level 6, 200 St Georges Terrace
Perth WA 6000
PO Box 7068, Cloisters Square WA 6850
26 June 2025
Westgold awards underground mining contract at Great Fingall
Perth, Western Australia, 26 June 2025 : Westgold Resources Limited (ASX | TSX : WGX –
Westgold or the Company) is pleased to announce it has awarded a three-year underground
mining contract for its Great Fingall mine near Cue, to global mining contracto r, Barminco
Limited (barminco.com.au) (Barminco). Barminco is a n internationally recognised leader i n
underground hard rock mining.
The award of this term contract for one of Westgold’s smaller operations provides Westgold with
the opportunity to redeploy its high performing team and equipment currently at Great Fingall to
its larger, owner operated mines, including Beta Hunt in the Southern Goldfields and the Bluebird
– South Junction mine in the Murchison.
Westgold Managing Director and CEO Wayne Bramwell commented:
“Westgold continues to focus on increasing mine productivity and further leveraging its extensive
capital base. Our inhouse mining team and fleet is best deployed in our larger, strategic assets
and this capability gives us the optionality to utilise specialist contractors in our smaller mines.
The Great Fingall mine is a smaller mine and as such lends itself to contract mining. It is a high
grade, but comparatively simple, operation - with cost efficiency and productivity underpinned
by a detailed mine plan, robust drill data, favourable ground conditions and excellent,
established mine infrastructure.
After a competitive tender process, Barminco was selected as our partner for Great Fingall due
to its stand-out safety processes, mining efficiency, and track record of delivery. These qualities
reduce the execution risk around Great Fingall for Westgold and will ensure a smooth transition
to contract operations in Q1, FY26.
With the setup complete, Westgold’s high performing team can now be deployed to our larger
operating mines, and we expect productivity and operational outputs to lift with their arrival.
We look forward to first production from Great Fingall in early FY26 and welcome the Barminco
team to Westgold.
ENDS
Westgold awards underground mining contract at Great Fingall
26 June 2025
2
This announcement is authorised for release to the ASX by the Board.
Investor and media relations enquiries
Investor Relations
Kasun Liyanaarachchi
Group Manager Investor Relations & Communications
+61 458 564 483
Media
Annette Ellis
Manager Communications & Corporate Affairs
+61 458 200 039
Forward looking statements
These materials prepared by Westgold Resources Limited 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, strateg ies 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 c onditions 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, perf ormance, 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 ex change 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.