Kingwest Resources Limited announced the submission of the Mining Proposal and Mine Closure Plan for the mining of the Selkirk Cutback open pit, a discrete gold orebody within M29/154 in the Menzies Gold Project. The Mining Proposal and Mine Closure Plan was submitted to the Western Australian Department of Mines, Industry Regulation and Safety by BML Ventures Pty Ltd. (`BML'), in its capacity as JV partner and manager of the Selkirk Cutback project. The company announced on 5 September 2022 that the Selkirk Deposit infill drilling completed by BML has confirmed the high-grade nature of the deposit's gold mineralisation.

Numerous high-grade intervals were intersected as part of infill drilling at Selkirk including: 6m at 24.62 g/t Au from 92m in 22SKRC017; 3m at 14.68 g/t Au from 47m in 22SKRC008; 2m at 12.55 g/t Au from 32m in 22SKRC001; 2m at 13.44 g/t Au from 55m in 22SKRC012; 3m at 7.91 g/t Au from 82m in 22SKRC016; 1m at 20.70 g/t Au from 13m in 22SKRC012. High grade mineralisation remains open down dip and further drilling has commenced at Selkirk. The Selkirk Deposit within the Menzies Gold Project is subject to a 50:50 profit share mining agreement between BML and Kingwest Selkirk Cutback Project: The Selkirk mining proposal consists of a cutback of the existing Selkirk Pit that enables the extraction of ore both laterally and from the base of the pit.

The ore is planned to be processed at one of several nearby mills in either Leonora or Kalgoorlie. Approximately 125,000BCM of waste will be mined from a cutback along strike to the southeast and northwest and stored onsite at a waste dump. All mining and project activities occur within a granted mining licence almost entirely on land previously disturbed by mining activities including access routes via existing roads and access points from the Menzies-Sandstone Road.

Mining will be undertaken with a small mining fleet of 40 tonne articulated dump trucks and a 90 tonne excavator. Some initial pre-stripping of cover material may occur with 100 tonne trucks if available. Minimal pit stabilisation work is required due to the shallow weathering profile at the site resulting in the pit walls remining in a very stable condition since the last mining campaign ceased in 1997.

Mining operations are expected to take place on day shift only over a period of approximately three months, with ore haulage and rehabilitation likely to continue for a further three months. The mining crew will be accommodated in the township of Menzies where possible.