---
title: "Westgold lifts FY26 gold ore reserves 41% to 4.1 million oz"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/296408232.md"
description: "Westgold reported a 41% increase in FY26 gold ore reserves to 4.1 million ounces, with grade rising 15% to 2.22 g/t due to 1.5 Moz of additions at AUD 27/oz cost. Total mineral resources grew 8% to 14.4 Moz after divesting non-core assets. The company plans AUD 50-75 million in FY27 exploration to convert resources to reserves, maintaining a reserve life of nearly 10 years."
datetime: "2026-08-19T22:51:53.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/296408232.md)
  - [en](https://longbridge.com/en/news/296408232.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/296408232.md)
generator: "portal-rs"
---

# Westgold lifts FY26 gold ore reserves 41% to 4.1 million oz

-   Westgold reported FY26 Ore Reserves of 57 Mt at 2.22 g/t gold for 4.1 Moz, up 41%. \* Reserve grade rose 15% from 1.93 g/t, supported by about 1.5 Moz of gross additions at a AUD 27/oz conversion cost. \* Total Mineral Resources were 194 Mt at 2.30 g/t for 14.4 Moz, up 8% after adjusting for divested non-core assets. \* Planned FY27 exploration and resource drilling spend of AUD 50 million-AUD 75 million, targeting further resource-to-reserve conversion. \* Group Reserve life held near 10 years at current installed processing capacity. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Westgold Resources Limited published the original content used to generate this news brief via CNW (Ref. ID: 202608191850CANADANWCANADAPR\_C2235) on August 19, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**