for the year ended 30 June 2023 FINANCIAL REPORT DIRECTORS’ REPORT 24 Westgold Resources Limited Annual Report 2023 CORPORATE OVERVIEW Westgold is a progressive and innovative gold producer with a large and strategic land package in the Murchison and Bryah regions of Western Australia. After listing on the ASX in December 2016 the company has consolidated over 1,300 km2 of mining titles across three key business units. These units encompass the Fortnum operations (the Bryah region in the north), the Meekatharra operations (in the centre of our tenure) and the Cue operations (in the south of our Murchison portfolio) and are supported by Westgold’s wholly owned mining services unit. The gold endowment of the region is extensive with the Murchison being one of the largest historic goldfields in Western Australia. To date the Murchison has produced more than 10 million ounces of gold with Westgold reporting a total Mineral Resource of 7.9 million ounces and 2.1 million ounces of gold in Ore Reserves (refer ASX announcement 6 October 2022). During FY23, Westgold consolidated its operations to four underground mines and three processing plants and produced 257,116 ounces of gold from its Bryah and Murchison operations. CORPORATE STRUCTURE Westgold’s corporate structure is depicted below. WESTGOLD RESOURCES LIMITED ACN 009 260 306 Bryah Operations Mining Services Murchison Operations ARAGON RESOURCES PTY LTD ACN 114 714 662 WESTGOLD MINING SERVICES PTY LTD ACN 080 756 172 BIG BELL GOLD OPERATIONS PTY LTD ACN 090 642 809
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