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Western Gold Resources (WGR) investor relations material
Western Gold Resources Q1 2027 TU earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Expanded Scoping Study raised the Gold Duke Production Target 62% to 1.11 Mt at 1.7 g/t Au for 59.7 koz contained gold, strengthening the proposed development case.
The processing route is under review after Wiluna Mining deferred third-party tolling; alternative processors and a WGR-controlled solution are being assessed.
Financial highlights
At an assumed A$6,100/oz gold price, the study estimates A$72.9 million operating surplus before project-level capital, financing and tax.
At 93% metallurgical recovery, forecast recovered/payable gold is 55.5 koz, up from 42.8 koz in the September 2025 study.
Quarter-end cash was $1.743 million; operating cash outflow was $1.047 million and investing cash outflow was $68,000.
Outlook and guidance
December-quarter priorities include alternative processing pathways, resource-growth drilling at Eagle, Emu, Joyners Find and Gold King South, and native title and heritage engagement.
Mining commencement is expected to support treasury improvement; costs are anticipated to decline before operations begin, while capital needs remain under review.
- 55,500 recovered oz targeted; A$72.9M surplus, pending processing-route confirmation.WGR
Investor presentation - Expanded Gold Duke resource and scoping study, but higher loss driven by exploration costs.WGR
H2 2026 - Fully approved, low-capex gold project advancing to production with strong resource growth potential.WGR
Investor presentation - Gold Duke Project advances with strong cash, secured processing, and expanded study in progress.WGR
Q4 2026 TU - Gold Duke drilling and scoping study progress, but funding remains tight at under one quarter.WGR
Q4 2024 TU - Gold Duke Project drilling and capital raisings position the company for near-term gold production.WGR
Q1 2026 TU - Net loss widened to $3.1 million as exploration ramped up and new capital was raised.WGR
H2 2024 - Gold Duke Project advanced, cash reserves low, and new CEO appointed as production nears.WGR
Q1 2025 TU - Gold Duke Project advances to production readiness with expanded approvals and new funding.WGR
Q2 2025 TU
Next Western Gold Resources earnings date
Next Western Gold Resources earnings date
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