Western Gold Exploration Ltd. is pleased to announce that it has closed its previously announced non-brokered private placement of common shares for gross proceeds of CAD$1,897,400.08. In connection with this closing of the Private Placement, 15,811,666 common shares of the Company were issued at a price of CAD$0.12 per Share. The securities issued in connection with the Private Placement are subject to a four-month hold [...]
Western Gold Exploration is pleased to announce that it intends to complete a non-brokered private placement of up to 16,666,666 common shares of the Company at a price of CAD$0.12 per Share for gross proceeds of up to CAD$2,000,000. The Company has the option to increase the size of the Private Placement by up to an additional 2,500,000 Shares, for total gross proceeds of up to CAD$300,000. The Private Placement is [...]
Western Gold Exploration Ltd. is pleased to provide a corporate update, as follows: Interim Financial statements and MD&A for the three months ended March 31, 2023 The Company's Interim Financial statements and MD&A for the three months ended March 31, 2023, were filed on SEDAR on May 18. 2023, and are available on the Company's website at www.westerngoldexploration.com. Annual General and Special Meeting of Shareholders [...]
Western Gold Exploration Ltd. is pleased to announce that it plans to concentrate its exploration activities going forward on its Lagalochan copper gold porphyry property in Argyll. On November 29, 2022, the Company filed a National Instrument 43-101 - Standards of Disclosure for Mineral Projects compliant, independent Technical Report on the Lagalochan Property. The Report proposes a two-phase exploration programme for [...]
Western Gold Exploration Ltd. is pleased to announce that it has filed a National Instrument 43-101 - Standards of Disclosure for Mineral projects compliant, independent Technical Report on its Lagalochan copper gold molybdenum porphyry prospect. The Report titled "NI 43-101 Technical Report on the Lagalochan Property" is dated 29 November 2022, with an effective date of 29 November 2022, and details the historical and [...]
Western Gold Exploration Ltd. is pleased to announce that it completed its previously announced non-brokered private placement for aggregate proceeds of CAD$1,150,000. In connection with the Private Placement, 7,666,646 equity units of the Company were issued at a price of CAD$0.15 per Unit. Each Unit is comprised of one common share of the Company and one-half of one common share purchase warrant of the Company . Each [...]
Western Gold Exploration are pleased to announce that Chelsea Hayes has been appointed to the Board of Directors of the Company, effective immediately. Ms. Hayes has been working as marketing and communications advisor for over 25 years. Ms. Hayes was a Founding Director of financial PR consultancy, Pelham Public Relations, in November 2004, growing it to a 40-strong, £6m business and advising technology, media, mining [...]
Western Gold Exploration is pleased to announce that it intends to complete a non-brokered private placement of up to 6,666,666 equity units of the Company at a price of CAD$0.15 per Unit for gross proceeds of up to CAD$1,000,000. The Company has the option to increase the size of the Private Placement by up to an additional 1,000,000 Units, for total gross proceeds of up to CAD$1,150,000. Each Unit will be comprised of [...]
Western Gold Exploration Ltd. is pleased to announce the results of recent exploration work at its 100% owned Lagalochan Copper Gold Porphyry Property in Argyll, Scotland. Exploration work for Lagalochan included: Completion of an Ionic Leach soil sampling programme, confirming and extending the results of historical deep overburden sampling. Re-evaluation of historical drill results and exploration data, including the [...]
Western Gold Exploration Ltd. is deeply saddened by the sudden death of Willie McLucas, a member of the Company's Board of Directors. Mr. McLucas passed away last week. Willie McLucas established his successful career as a mining financier at Waverley Mining, developing extensive knowledge of the mining industry from exploration through to production in coal, gold and base metals. His experience took him to Australia [...]
Western Gold Exploration Ltd. is pleased to announce the commencement of a new exploration drilling program at the Gossan Burn Copper prospect within its Knapdale Project, located in Argyll, Scotland. Gossan Burn is a new outcropping copper discovery along a trend of old copper workings from the 1860's located south of the Stronchullin orogenic gold vein system, where Western Gold carried out exploration drilling in 2021 [...]
Western Gold Exploration Ltd. is pleased to provide an exploration update for its 2021 drilling program at its Stronchullin prospect, which is a sub-property located within the 3,253-hectare Knapdale Property, located in the Knapdale District of Argyll, that the Company holds mineral mining rights and surface access rights within. This 2021 drilling program is a follow up to scout drilling completed in 2017-2018 and deep [...]