for the year ended 30 June 2024 FINANCIAL REPORT DIRECTORS’ REPORT 32 Westgold Resources Limited Annual Report 2024 INTERESTS IN THE SHARES AND PERFORMANCE RIGHTS OF THE COMPANY As at the date of this report, the interests of the Directors in the shares and rights of the Company were: Director Fully Paid Ordinary Shares Performance Rights Hon. CL Edwardes AM 6,122 – WC Bramwell 50,000 1,348,209 FJ Van Maanen 435,521 – GR Davison – – JL Matthys 112,658 – DN Kelly – – L Junk1 3,197,928 – S In’t Veld1 324,177 – Total 4,126,406 1,348,209 1. L Junk and S In’t Veld were appointed on 1 August 2024. PRINCIPAL ACTIVITIES The principal activities during the year of the Group were the exploration, development and operation of gold mines, primarily in Western Australia. EMPLOYEES The Group had 1,071 employees at 30 June 2024 (2023: 918). 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 8.3 million ounces and 2.0 million ounces of gold in Ore Reserves (refer ASX announcement 11 September 2023). During FY24, Westgold consolidated its operations to four underground mines and three processing plants and produced 227,237 ounces of gold from its Bryah and Murchison operations.
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