Westgold Resources Limited (ASX:WGX) – Demerger of the Reedy and Comet Gold Projects to Valiant Gold Limited

The transaction establishes Valiant as an independent, well-funded ASX-listed gold company owning approximately 1.2Moz of JORC-compliant Mineral Resources across both projects in Western Australia's Murchison region.

An Ore Purchase Agreement between Valiant and Westgold provides a direct pathway to early cashflow for Valiant through access to Westgold's Meekatharra processing hub, while Westgold retains a significant shareholding in Valiant and continues to benefit from supplementary mill feed.

Argonaut’s deal team was led by Greg Southee and Bryce Denysiuk.

To learn more, visit the Westgold website here.