Western Gold Resources Board Approves Western Australia Project Decision to Mine, Shares Reach Four-Year Peak

MT Newswires Live

2025/12/24

Western Gold Resources (ASX:WGR) said its board approved a decision to mine for the Gold Duke project in Western Australia, according to a Wednesday Australian bourse filing.

The updated mineral resource models for the project are expected to be finalized and released before the end of the year. The firm's existing binding toll milling agreement with Wiluna Mining allows access to Wiluna's processing plant located around 46 kilometers from the site.

The firm selected SSH Group as the preferred mining contractor, and it is seeking to complete the negotiations for a master services agreement with SSH. First gold production is expected late in the first quarter of 2026.

Its shares jumped over 2% in recent trading on Wednesday, reaching a four-year high.

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The firm's existing binding toll milling agreement with <a href=\"https://laohu8.com/S/WMC.AU\">Wiluna Mining</a> allows access to Wiluna's processing plant located around 46 kilometers from the site.</p><p>The firm selected SSH Group as the preferred mining contractor, and it is seeking to complete the negotiations for a master services agreement with SSH. First gold production is expected late in the first quarter of 2026.</p><p>Its shares jumped over 2% in recent trading on Wednesday, reaching a four-year high.</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Western Gold Resources Board Approves Western Australia Project Decision to Mine, Shares Reach Four-Year Peak</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWestern Gold Resources Board Approves Western Australia Project Decision to Mine, Shares Reach Four-Year Peak\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time\">2025-12-24 09:33</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> <a href=\"https://laohu8.com/S/WGR.AU\">Western Gold</a> Resources (ASX:WGR) said its board approved a decision to mine for the Gold Duke project in <a href=\"https://laohu8.com/S/WER.AU\">Western Australia</a>, according to a Wednesday Australian bourse filing.</p><p>The updated mineral resource models for the project are expected to be finalized and released before the end of the year. The firm's existing binding toll milling agreement with <a href=\"https://laohu8.com/S/WMC.AU\">Wiluna Mining</a> allows access to Wiluna's processing plant located around 46 kilometers from the site.</p><p>The firm selected SSH Group as the preferred mining contractor, and it is seeking to complete the negotiations for a master services agreement with SSH. First gold production is expected late in the first quarter of 2026.</p><p>Its shares jumped over 2% in recent trading on Wednesday, reaching a four-year high.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK7104","symbol_name":"黄金","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2593447878","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2593447878","pubTimestamp":1766540021,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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The firm's existing binding toll milling agreement with Wiluna Mining allows access to Wiluna's processing plant located around 46 kilometers from the site.The firm selected SSH Group as the preferred mining contractor, and it is seeking to complete the negotiations for a master services agreement with SSH. First gold production is expected late in the first quarter of 2026.Its shares jumped over 2% in recent trading on Wednesday, reaching a four-year high.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"2","news_tag":"corporation","news_rank":0,"symbols":[],"gpt_button":1,"need_auth":false,"code":"91000000","status":"200"}}}