Westgold Resources has increased the mineral resource at its Starlight gold mine in Western Australia by 41 per cent.
The total mineral resource for Starlight now sits at 590,000 ounces, with a 21 per cent increase in measured and indicated mineral resource available for ore reserve studies.
“Organic growth opportunities within Westgold’s high value portfolio continue to be unlocked by drilling,” Westgold managing director and chief executive officer Wayne Bramwell said.
“The growth in Starlight and emergence of the Waterbore zone we see today is a function of good science and the investment Westgold made in drilling this mine over the last eighteen months.
“The same strategy is being deployed across our main operating assets such as Bluebird-South Junction, Big Bell and Great Fingall, extending these orebodies and mine lives.”
Westgold has identified the Waterbore Zone within Starlight as a potential new mining front, with strong results returning for the quarter.
Intensive drilling will continue at Starlight, with three drill rigs now operating.
“Optimising Starlight to maximise free cash generation over an extended life remains the focus, with continued exploration success providing the platform to deliver this objective,” Bramwell said.
Westgold said that many of the more significant results returned during the current quarter are from the Waterbore area of the mine.
Waterbore is a relatively new production zone with only one trial level developed, however the tenor of grades seen is providing encouragement that Waterbore can develop into a long-term alternative production source for Starlight.
Source: https://www.australianmining.com.au/starlight-only-getting-brighter-for-westgold/