Westgold Resources Limited

Welcome to today's webinar. I'll now hand you over to Wayne.

Welcome and thank you for joining West Gold's June 2026 quarterly results call. Today, Aaron Rankin, our Chief Operating Officer, Tommy Heng, our Chief Financial Officer, and Kasun Learanachi, our Group Manager of Investor Relations and Communications, joins me on the call. We will review today's quarterly report and presentation before opening up for your questions. I'll start with safety, which remains our priority. In Q4, we reported no lost time injuries. We also saw continued improvement across key lead and lag safety indicators. This result is supported by sustained frontline engagement, critical control verification and leadership field presence and reflects our ongoing focus on fatality prevention, critical risk management and injury reduction across the group. To our business performance, FY26 was a defining year for Westcold. We exceeded production guidance at 387,000 ounces, delivered costs within guidance with an all in sustaining cost of $2,841 per ounce. Critically, we increased treasury to $939 million. In Q4 alone, we produced just shy of 100,000 ounces and generated 233 million underlying cash. Our strategy is delivering what we designed it to, stronger production driving stronger cash generation. These two factors combined enable stronger returns to our shareholders. We hit our targets in FY26. We exceeded the top end of production guidance and delivered all-in sustaining costs within our guided range. We continue to advance our growth projects. Bluebird South Junction and Great Fingal Developments are progressing and the Murchison Open Pit Program commenced early. We are investing pragmatically in projects and infrastructure required to support future production growth. These investments are reflected in our capital. However, they are designed to bring value forward and underpin the next stages of our current three-year outlook. We look forward to sharing our FY27 guidance and an updated three year outlook next month. With that I'll hand over to Aaron to speak to our operational results.

Thank you Wayne and good morning all. Our operational performance continued to build in Q4 delivering circa 99,000 ounces and importantly we are well positioned for a strong FY27. Our multi-hub operational structure remains a key advantage. absorbing normal operational variability at the asset level, but delivering consistent group performance. We have built inherent flexibility in our business, and a down day at one asset can be picked up elsewhere across the group. The Murchison delivered stronger output, with record mining rates at Bluebirds South Junction, which hit a 1 million tonne per annum exit rate. along with record mining rates at Big Bell. Fortnum produced its highest full-year production in ounces ever. Excluding the toll treatment at Lakewood, which was not scheduled for Q4, production in the southern goldfields was steady. Overall, higher production drove lower unit costs and delivered a strong operating margin. We remain focused on our strategy. Simply put, we are safely increasing mining and processing productivity with improving head grades, fully optimising our core operations. to deliver more gold and create value. Mine production increased materially in Q4. The continued expansion of Bluebird South Junction, completion of vent upgrades at Big Bell, The operational improvement efforts across the business, being driven by our site teams, all contributed to increasing mine outputs. With these increased mining rates, our stockpiles continued to grow, improving the risk profile of the business. Betahunt achieved its strongest mining rate of FY26, despite ventilation constraints, which remain manageable and are being addressed through an independent alternative solution, which is already underway. Importantly, our mills remain fully utilised. with high grade feeds from our core mines. Across the hubs Megathara, Kew and Fortnum all performed strongly helping deliver record annual production in the Murchison. The Higginsville mill delivered steady gold production on increased throughput delivered from ongoing optimisation works. The lower quarter on quarter gold production at Southern Goldfields reflected the fact that we did not process a parcel at Lakewood in Q4 as we did in Q3. Tolling resumes this quarter. In summary, we enter FY27 in a position of strength. After delivering a shade below 100,000 ounces for Q4, we are carrying momentum into FY27. With that, I'll hand over to Tommy to speak to our financials. Tommy.