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Additional Information

Market:	ASX
Sector:	Gold Mining
EPIC:	WGR
Latest Price:	0.20 (0.00%)
52-week High:	0.32
52-week Low:	0.17
Market Cap:	82.84M

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Westgold Resources Full Westgold Resources profile here

Westgold Resources (ASX:WGR) is a gold and base metals exploration company with a portfolio of gold, uranium and nickel tenements located in Western Australia and the Northern Territory.

The company's key projects are the Rover 1 Gold-Copper Project in the Northern Territory and the Central Murchison Gold Project in Western Australia.

Westgold Resources delivers further bonanza gold at Rover 1

Thursday, January 14, 2010 by Proactive Investors

Australian-listed gold and base metals exploration company Westgold Resources has uncovered further potential on its Northern Territory project, with significant high grade results received from drilling at the Rover 1 Cu-Au and the Explorer 108 Pb-Zn-Ag deposits.

At Rover 1, high grade gold mineralisation of 6m @ 41.1g/t Au has been reported from the Western Zone, providing further encouragement of the potential at Rover 1.

This high grade mineralisation which includes an exceptional 1m @ 193g/t Au (or approximately 6 ounces per tonne) correlates to the visible gold zone reported on 22 December 2009 and occurs within a broader zone of copper and gold mineralisation.

WGR1D044-4 28m @ 9.08g/t Au, 0.43% Cu, 1.93g/t Ag, 0.14% Bi, 0.04% Co from 496m including 6m @ 41.11g/t Au, 0.66% Cu, 4.83g/t Ag, 0.41% Bi, 0.03% Co from 513m.

Assays for a further three holes at Rover 1 remain pending and are expected in the next two weeks. Westgold expects to be in a position to release its maiden Identified Mineral Resource Estimate for Rover 1 after receipt and assessment of these final pending assays.

At the Explorer 108 Pb-Zn-Ag deposit, located approximately 40km to the west of Rover 1, a single new drill hole was completed on the eastern margin of the deposit targeting extensions to the high grade zone previously defined in drill hole NR108D026. This recent drilling has intersected and confirmed extensions to the mineralisation approximately 100m downdip to the east of the current resource limits.

The more significant results include NR108D049 48m @ 1.35% Pb, 2.13% Zn, 0.74g/t Au, 8g/t Ag from 545m, including 5m @ 1.49% Pb, 3.55% Zn, 3.66g/t Au, 7g/t Ag from 562m, including 4m @ 1.98% Pb, 3.24% Zn, 1.06g/t Au, 10.5g/t Ag from 570m.

The Company expects to re-commence drilling programmes at Rover 1 in March 2010.

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