Western Gold Resources
- Company typePublic
- Founded2021
- HeadquartersPerth, Australia
- Headcount1–10
- GTM typeB2B
- OfferingHardware or Manufacturing
Western Gold Resources firmographics
Firmographics- Name
- Western Gold Resources
- Legal name
- Western Gold Resources Limited
- Website
- https://westerngoldresources.com.au
- Company type
- Public
- Founded year
- 2021
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Ownership category
- akta.pro rank
Western Gold Resources industry classification
Industry- Product category
- Gold Mining
- NAICS
- Gold Ore and Silver Ore Mining (21222)
- SIC
- Gold And Silver Ores (1040)
- akta.pro primary industry
- Gold Mining (IMAKAEAA)
Keywords
Where Western Gold Resources is headquartered
LocationHeadquarters
- HQ city
- Perth
- HQ country
- Australia
- HQ region
- Oceania
Offices1 record
Markets served
Western Gold Resources business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Operations, Supply Chain, Personnel, Infrastructure, Marketing or Sales
Revenue model
- Gold Production and Sales: Revenue generated from gold production and sales. The company has achieved key milestones toward near-term production including mining approvals and ore milling agreement with Wiluna Mining Corporation.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels4 records
Western Gold Resources product offering
Product offeringCore offering
Western Gold Resources is a single-asset gold mining company exploring for and producing gold from its 100%-owned Gold Duke Project in the Wiluna region of Western Australia. The company is transitioning from explorer to producer, having secured mining approvals at four deposits (Eagle, Emu, Golden Monarch, Gold King) and a binding toll processing arrangement at the nearby Wiluna Processing Plant. The company's fundamental output is gold bullion sold into commodity markets, with a Stage 1 Mining Project targeting 34koz of production.
Product overview
Western Gold Resources is a single-project focused gold exploration and mining company undergoing transition from explorer to producer. The company operates the Gold Duke Project (formerly Wiluna West Gold Project), a 100%-owned gold mining operation in the Wiluna region of Western Australia. The project encompasses multiple gold deposits (Eagle, Emu, Golden Monarch, Gold King, Joyners Find, Bottom Camp, Bowerbird, Brilliant, Bronzewing, Comedy King, and Wren) with existing mining approvals for four deposits. Ore processing is handled through a toll treatment agreement with Wiluna Mining Corporation's Wiluna Processing Plant located 46km away.
Differentiator
Problem solved
Functional benefit
Products and services
- Gold Duke Project The flagship 100%-owned gold mining project located 35km southwest of Wiluna in Western Australia, covering 25km of the Joyners Find Greenstone Belt and holding a JORC 2012 Mineral Resource of 214,000oz at 2.1g/t Au across the Eagle, Emu, Golden Monarch, and Gold King deposits (with a reported total of 293,000oz at 2.0g/t Au inclusive of additional deposits). Mining approvals are in place for all four deposits and ore is hauled 46km to the Wiluna Processing Plant under a binding toll milling agreement with Wiluna Mining Corporation.
Companies that use Western Gold Resources
Customer profileSegments1 record
Ideal customer profiles1 record
Western Gold Resources technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature1 record
Western Gold Resources partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core.
- SSH Group Limited (ASX:SSH)coreSSH Group Limited selected as preferred mining contractor for the Gold Duke Project following a non-binding notice of appointment. SSH Group has offered a non-dilutive capital facility under a deferred payment arrangement to support cash flow during early mining stages. SSH Group is an ASX-listed service provider with capabilities across mining, civil, and construction industries.
- Wiluna Mining CorporationcoreWiluna Mining Corporation operates the Wiluna Processing Plant, which is the closest and most logical processing facility for the Gold Duke Project. Western Gold Resources has signed a binding ore milling agreement with Wiluna Mining Corporation for toll treatment of ore from the Gold Duke Project. The haulage distance is only 46km via an existing haulage route.
Scale indicators7 records
Recent moves6 records
Expansion highlights4 records
Western Gold Resources competitors and assessment
Company assessmentBroad incumbents
- Ramelius Resources: Established ASX-listed gold producer with multiple operations in Western Australia; a broader incumbent in the WA gold space, offering relevant benchmarking on unit costs, recovery rates, and project economics.
- Silver Lake Resources: ASX-listed gold producer with multiple mines in Western Australia; comparable in scale-up trajectory from explorer to multi-asset producer and in CIL processing flowsheet.
- Gold Road Resources: Mid-tier gold producer with a major JV interest in the Gruyere mine in Western Australia; useful benchmark for jurisdictional risks, infrastructure access, and processing economics in the WA gold belt.
- Capricorn Metals: Mid-tier WA-focused gold producer with the Karlawinda operation; comparable geography, mining method, and processing approach, providing relevant peer economics and capital allocation benchmarks.
Direct peers
- Westgold Resources Limited: Mid-tier gold producer operating in Western Australia with multiple mines; comparable in jurisdiction, processing model (CIL), and target market. WGR's MD Cullum Winn was previously at Westgold, indicating operational overlap.
- Wiluna Mining Corporation: Owner of the Wiluna Processing Plant and WGR's contracted toll-milling partner; operates gold mining in the same Wiluna region of Western Australia, directly comparable in geography, processing route, and target customer base.
- Norton Gold Fields: Western Australian gold producer with a portfolio of operating mines; directly comparable in mining method, jurisdiction, and stage of operations. Cullum Winn also previously held roles at Norton.
Emerging players
- Horizon Minerals: ASX-listed junior gold developer pursuing a hub-and-spoke processing strategy in Western Australia; comparable in toll-milling business model and target resource scale to WGR.
- Musgrave Minerals: ASX-listed gold explorer-developer with projects in Western Australia; similar stage and scale to WGR, with comparable dependence on third-party processing infrastructure and exploration success.
- Yandal Resources: WA-focused gold explorer with projects adjacent to existing operations; comparable in resource size, exploration approach, and pre-production stage to WGR's Gold Duke Project.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Western Gold Resources social profiles
Digital presenceWestern Gold Resources financial estimates
Financial estimateRevenue estimate
Valuation estimate
Western Gold Resources leadership team
Management profileNumber of profiles
Profiles5 records
Western Gold Resources funding detail
Funding detailFunding overview
Funding rounds1 record
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Western Gold Resources M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Western Gold Resources
What does Western Gold Resources do?
Western Gold Resources is a single-asset gold mining company exploring for and producing gold from its 100%-owned Gold Duke Project in the Wiluna region of Western Australia. The company is transitioning from explorer to producer, having secured mining approvals at four deposits (Eagle, Emu, Golden Monarch, Gold King) and a binding toll processing arrangement at the nearby Wiluna Processing Plant. The company's fundamental output is gold bullion sold into commodity markets, with a Stage 1 Mining Project targeting 34koz of production.
Is Western Gold Resources a public or private company?
Western Gold Resources is a public company. It is classified as public and is currently operating.
When was Western Gold Resources founded?
Western Gold Resources was founded in 2021. It employs 1 to 10 people.
Where is Western Gold Resources based?
Western Gold Resources is headquartered in Perth, Australia, in the Oceania region.
How does Western Gold Resources make money?
One revenue line is on record: gold Production and Sales.
Who are Western Gold Resources's main competitors?
Broad incumbents on record are Ramelius Resources, Silver Lake Resources, Gold Road Resources and Capricorn Metals. Direct peers are Westgold Resources Limited, Wiluna Mining Corporation and Norton Gold Fields. Emerging players are Horizon Minerals, Musgrave Minerals and Yandal Resources.
Does Western Gold Resources have an API?
No public API is recorded for Western Gold Resources.
What industry is Western Gold Resources in?
Western Gold Resources's product category is Gold Mining. Its primary akta.pro industry code is IMAKAEAA, Gold Mining. Its NAICS code is 21222 and its SIC code is 1040.