Western Exploration Inc.

Western Exploration Inc. is pleased to announce that it has engaged Stantec Consulting Services Inc. of Elko, Nevada, to commence work on the Notice of Intent and Mine Plan of Operations for its 100%-owned Aura Gold-Silver Project located in Elko County, Nevada. This marks a key advancement in the Company's strategy to transition the Doby George Deposit, part of the Aura Project, toward permitting and development [...]

Nine widely spaced reverse circulation holes along the Tomasina Fault corridor confirm widespread alteration and veining. Western Exploration Inc. is pleased to update the status of the Phase 1 reverse circulation drill program on the Tomasina Vein Zone target. The drill area is approximately 1.0 km west of the Gravel Creek resource and down dip from the Saddle and Wood Gulch resource areas, at the Company's wholly owned [...]

There is no impact to the capital costs or economic results. The only change is a slightly revised all-in sustaining cost for the "Base Case" from $1,152 to $1,172 per gold ounce. Western Exploration Inc. OTCQX: WEXPF) announces that it has filed on SEDAR+ an amended technical report prepared in accordance with National Instrument 43-101 - Standards of Disclosure for Mineral Projects on the Aura Project , titled [...]

4,000-Meter Reverse Circulation Drill Campaign to Focus on High Grade Epithermal Gold-Silver Vein Targets near Wood Gulch for Resource Expansion Western Exploration Inc. is pleased to announce the initiation of its fully-funded 2025 drill program at the high-grade Aura Project in Elko County, Nevada. The 4,000-meter reverse circulation drill program focuses on evaluating a 1.3 km strike length of the Tomasina Fault zone [...]

Western Exploration is pleased to announce that the Company has officially mobilized crews and equipment to the Wood Gulch target at its flagship, 100% owned Aura Project, located 80km north of Elko, Nevada. "Mobilization marks an exciting milestone for our 2025 program," said Darcy Marud, CEO and President. "We're targeting one of the most underexplored and historically high-grade areas on the property. Wood Gulch [...]

Western Exploration has filed on SEDAR+ a technical report prepared in accordance with National Instrument 43-101 - Standards of Disclosure for Mineral Projects on the Aura Project, titled "PEA of the Doby George Deposits and Updated Resource Estimate for the Gravel Creek Gold-Silver Deposits, Aura Gold-Silver Project". The Technical Report supports disclosures dated May 8, 2025, titled "Western Exploration Announces [...]

Western Exploration is pleased to report an updated mineral resource estimate, prepared in accordance with National Instrument 43-101, for its Gravel Creek and Wood Gulch deposits, which are part of its, 100% owned Aura Project. Highlights of the updated MRE include: A significant increase in grades and ounces, at a 3.0g AuEq/t cutoff*, in the inferred mineral resource category, reflecting the positive contribution from [...]

Western Exploration is pleased to announce that it has closed its previously announced "best efforts" private placement for aggregate gross proceeds of C$5,005,000, which includes the full exercise of the agent's option. Under the Offering, the Company sold 7,150,000 units at a price of C$0.70 per Unit. Each Unit consists of one variable voting share of the Company and one-half of one variable voting share purchase [...]

Western Exploration is pleased to announce that it has entered into an agreement with Red Cloud Securities to act as sole agent and bookrunner in connection with a "best efforts" private placement offering of a minimum of 3,000,000 units of the Company at a price of C$0.70 per Unit for minimum gross proceeds of C$2,100,000 and a maximum of 6,250,000 Units at the Offering Price for maximum gross proceeds of up to [...]

Western Exploration is pleased to announce results from a positive PEA on its flagship Doby George resource at the Aura gold project located in Nevada's prolific Elko county. PEA Highlights: Base Case After-tax NPV of US$70.7M and an IRR of 25.4% using a gold price of US$2,150 increasing to US$211.2 M with a 62.2% IRR utilizing a US$3,000/oz gold price Total Life-of-Mine after-tax net cash flow of US$271.2M over a [...]