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

MT Newswires Live2025-12-24

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.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2593447878?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-12-24 09:33","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2593447878","market":"us","top_or_hot":-1,"title":"Western Gold Resources Board Approves Western Australia Project Decision to Mine, Shares Reach Four-Year Peak","media":"MT Newswires Live","content":"<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>","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":"BK4168","symbol_name":"多种金属与采矿","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. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"Western Gold Resources  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.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4168":"多种金属与采矿","WRN":"西方铜金","XJO.AU":"标普/澳交所 200指数","BK4017":"黄金","GORO":"黄金资源","BK7104":"黄金","XKO.AU":"标普/澳交所 300指数","SKIS":"Peak Resorts, Inc.","WGR.AU":"WESTERN GOLD RESOURCES LTD","XAO.AU":"标普/澳交所 普通股指数"},"translate_title":"西部黄金资源委员会批准西澳大利亚采矿项目决定，股价创四年新高","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"XAO.AU":1.5,"GORO":1.5,"WGR.AU":1,"XJO.AU":1.5,"WRN":1.5,"XKO.AU":1.5,"SKIS":1.5},"content_text":"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.","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"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.36.0","shortVersion":"4.36.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2593447878","isCrawlerRequest":true}