Wa Gold Limited
WAU.ASXMaterials
Mineral exploration and development.
Market Data
$0.018
+0.1%$0.00
-100000.0x
$-0.001
0.00%
-0.3%
Latest Earnings
Quarterly Report and Appendix 5B
27 July 2026
WA Gold delivered a robust Scoping Study for its Abercromby Gold Project showing Stage 1 production of ~114,000oz gold with strong pre-tax cashflows of A$243-297M and an NPV of A$205-253M, requiring only A$8M upfront capital. The company completed 7 diamond drill holes at Abercromby with assay results expected imminently, and initiated 46 aircore holes at the Bullabulling project; with a cash position of A$3.2M, WAU is fully funded for planned exploration and targeting FID in 2027. Key points: Abercromby Scoping Study delivered strong Stage 1 economics: pre-tax NPV of A$205-253M and total net cashflow of A$243-297M; Low capital requirement of only A$8M for mine startup with initial production target of ~114,000oz gold from granted Mining Lease; 518,000oz JORC Mineral Resource at Abercromby provides significant upside leverage with near-surface, free-milling mineralisation amenable to open-pit/underground transition mining
Recent Announcements
Quarterly Report and Appendix 5B
WA Gold delivered a robust Scoping Study for its Abercromby Gold Project showing Stage 1 production of ~114,000oz gold with strong pre-tax cashflows of A$243-297M and an NPV of A$205-253M, requiring only A$8M upfront capital. The company completed 7 diamond drill holes at Abercromby with assay results expected imminently, and initiated 46 aircore holes at the Bullabulling project; with a cash position of A$3.2M, WAU is fully funded for planned exploration and targeting FID in 2027. Key points: Abercromby Scoping Study delivered strong Stage 1 economics: pre-tax NPV of A$205-253M and total net cashflow of A$243-297M; Low capital requirement of only A$8M for mine startup with initial production target of ~114,000oz gold from granted Mining Lease; 518,000oz JORC Mineral Resource at Abercromby provides significant upside leverage with near-surface, free-milling mineralisation amenable to open-pit/underground transition mining
Quarterly Report and Appendix 5B
WA Gold Limited (formerly BMG Resources) completed a strong Scoping Study for its 100%-owned Abercromby Gold Project in March 2026, demonstrating compelling economics with A$243-297M pre-tax free cashflow, A$205-253M NPV, and a low A$8M pre-production capex requirement. The Stage 1 mine plan targets 114,000oz gold production with ~90% Indicated Resources, supported by ongoing 10,000m resource development drilling to expand the 518,000oz current mineral resource. The company successfully raised A$2.5M in February, appointed an experienced CEO (Ben Pollard) with a track record of taking projects to production, and rebranded to WA Gold Limited with new ASX ticker WAU. Key points: Strong Scoping Study delivered for Abercromby Gold Project with compelling Stage 1 economics: A$243-297M pre-tax free cashflow, A$205-253M NPV, and 526% IRR for underground phase; Exceptionally low pre-production capital requirement of only A$8M with rapid payback of 1.5 years, providing significant leverage to upside with only ~20% of current 518,000oz resource included in Stage 1 plan; Stage 1 production target of ~114,000oz Au with ~90% classified as JORC Indicated Resources, supported by confirmed 94% metallurgical recovery via free-milling carbon-in-leach processing
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