Westgold Resources Limited presents the following update in relation to the first quarter FY20201. Exploration activity was primarily focussed on underground diamond drilling to extend the groups key underground mines as well as some new near surface targets for continued open pit mining. Some sensational drill intercepts were returned which really highlight the potential and continuity within old mines that have been prolific past producers. The highlight of the quarter was the exceptional results returned from down plunge extensions at the historic Fenian's and Consol's mines at Paddy's Flat, these include: 2.72m at 57.73g/t Au from 80m in 20CNDD145, 1.08m at 200.99g/t Au from 66m in 20CNDD147, and 2.57m at 18.32g/t Au from 142m in 20CNDD149. The restoration of the Paddy's Flat mine (Paddy's) was Westgold's first underground mining project following its acquisition of MGO in 2015. Paddy's is a complex geological system with several distinct styles of mineralisation including: banded iron formation (BIF)-hosted lodes (Prohibition-style); shear and dilatational lodes in mafic /ultramafic lithologies (Mudlode /Fatt's-style); intermediate intrusive-hosted lodes (Hendrix-style); porphyry /mafic contact channel lodes (Fenian's ­ Consol's), and high-grade quartz spur reefs and quartz -filled thrust faults (Fenian's ­ Consol's, Vivian's Thrust sequence). To date, Westgold has deliberately developed Paddy's with a strategy that progresses the mine as a separate self-funding production centre, whilst its Big Bell mine has been in an intensive capital development phase. Paddy's is now approaching its fifth anniversary and as the Group's operations progress to a long-term steady state phase. Westgold has begun to move its exploration effort to growth objectives, specifically at Paddy's have three key objectives: Consistent flow of high-grade ore from the baseload feed of the Prohibition lodes, (approximately 1,100 ounce per vertical metre ore system) to the Bluebird processing plant. Accelerating access to the extensions of the historically mined and most prolific producer of the field, the Fenian's ­ Consol's system. This mine produced 684,000oz at a recovered grade of 14.8g/t and an aggregated endowment of approximately 1,600 ounces per vertical metre. Fenian's ­ Consol's is the raison d'être for Westgold at Paddy's Flat. Opportunistic production from the Vivian's side of the Paddy's complex where production grades to date from remnants and new lodes have exceeded 8g/t. These have been mined in conjunction with larger ore volumes (as required) from the peripheral and lower grade Mudlode and Hendrix ore systems. Drilling at Paddy's during the current quarter was focussed on probing the periphery of the historically mined Consol's system as development reached the margins of the old mine. Better results from this process included: 2.72m at 57.73g/t Au from 80m in 20CNDD145; 1.08m at 200.99g/t Au from 66m in 20CNDD147, and 2.57m at 18.32g/t Au from 142m in 20CNDD149. Pleasingly, the majority of the holes intersected several mineralised zones along their trace, highlighting multiple production opportunities in the Fenian's ­ Consol's remnants which will be exploited over the coming year. Additionally, extensional and definition work in the Prohibition system produced a multitude of significant results, amongst the better of which are: 9.40m at 7.93g/t Au from 20m in 20PRDD107, 29.06m at 5.22g/t Au from 44m in 20PRDD110, and 38.74m at 4.77g/t Au from 25m in 20PRDD111. Highlighting the continuing major endowment of this orebody below current capital access. Elsewhere in its gold operations Westgold has remained active on the geology and development front. Within the broader MGO, both surface and underground drilling has continued to test extensions to existing underground operations (South Emu and Bluebird) and also prepare the next tranche open pit mining centres. Highlights from this work include 16m at 4.08g/t Au from 118m, in 20SEDD054 at South Emu, as well as 14m at 4.14g/t Au from 21m in 20AHRC015, 17m at 4.79g/t Au from 17m in 20AHRC064 and 10m at 7.03g/t Au from 19m in 20AHRC067 at the recently acquired Albury Heath project. At the CGO, underground drilling recommenced at Big Bell after a short hiatus to allow for priority drilling at Westgold's other underground mines. Better results returned during the quarter include: 59.84m at 2.93g/t Au from 122m in 19BBDD0076, 42.14m at 4.89g/t Au from 184m in 20BBDD0001, and 36.74m at 3.58g/t Au from 117m in 20BBDD0014. Once, again the bulk nature of the Big Bell ore system and consistency of orebody grade are evident. Additionally, open pit development work has proceeded for the upcoming Cuddingwarra North mining centre, with resource definition and evaluation work ongoing at City of Sydney, and initial work being undertaken at Accelerator and Indicator for the future Big Bell North open pit project. Geology work at the FGO this quarter has been solely focussed on supporting the Starlight mining operation, with all drilling targeting extensions to current lodes or near mine exploration targets, with significant success. Probe drilling into the enigmatic Nightfall system returned 3.67m at 90.33g/t Au from the collar in NF1230PB02. Whilst level definition drilling at Starlight returned 12m at 6.39g/t Au from 119m in ST1115GC10 and 18m at 5.18g/t Au from 113m in ST1115RD01. Westgold's intent is to continue to aggressively pursue Ore Reserve expansion across the Murchison from its 8.8Moz Mineral Resource, with geology and engineering work continuing to ramp-up during CY2021 as the capital constriction resulting from Big Bell mine investment further dissipates.