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Western Exploration Inc
Symbol WEX
Shares Issued 52,582,269
Close 2025-08-05 C$ 0.67
Market Cap C$ 35,230,120
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Western Exploration begins drill program at Aura

2025-08-05 17:40 ET - News Release

Mr. Darcy Marud reports

WESTERN EXPLORATION COMMENCES 2025 DRILL PROGRAM AT THE AURA PROJECT, NEVADA

Western Exploration Inc. has initiated its fully financed 2025 drill program at the high-grade Aura project in Elko county, Nevada.

The 4,000-metre reverse circulation drill program focuses on evaluating a 1.3-kilometre strike length of the Tomasina fault zone, down dip from the current Wood Gulch and Saddle National Instrument 43-101 resource areas:

  • The Wood Gulch open pit (previously mined in 1988 to 1990 by Homestake Mining Company) contained some of the highest-grade drill intercepts recorded on the Aura property, including 13.72 metres at 79.26 grams per tonne gold equivalent (RC hole WG159) and 9.45 metres at 26.56 g/t AuEq (core hole WG135); see news release of Feb. 24, 2025.

Darcy Marud, chief executive officer, commented: "The 2025 Aura reverse circulation drill program will build on exploration success that led to a 54-per-cent increase in inferred gold-silver resources at the Gravel Creek and Jarbidge target areas. The Tomasina target represents a direct analogy to the structural and stratigraphic setting of the Gravel Creek deposit, with the added advantage of a potentially 3.0-kilometre strike length and shallower targets at depths of 100 to 450 metres.

"Discovery success here will give Western open-ended mineralization in several key zones to focus on near-term resource expansion. This could redefine the overall size and significance of the Aura district."

Using the Gravel Creek model as an analogy, 2025 drilling will prioritize favourable targets where the Tomasina fault crosscuts the Frost Creek tuff down dip from known surface mineralization in the Wood Gulch and Saddle resource zones:

  • Geologic interpretation indicates that the Tomasina fault intersects the highly favourable Eocene Frost Creek tuff at depths of 100 to 450 metres down dip from surface mineralization.
  • The Frost Creek tuff has proven to be a very receptive host rock at Gravel Creek (1.0 kilometre to the east), containing wide intercepts within the current resource, including 18.29 metres true width at 9.67 g/t AuEq (RC hole WG391) and 20.43 metres true width at 11.97 g/t AuEq (core hole WG443).

Program timing

RC drilling is now under way, with the program expected to continue through Q3. Initial assays are expected in late August/early September, and the company will provide ongoing updates as results are received.

About Western Exploration Inc.

Western Exploration is focused on advancing the 100-per-cent-owned Aura project, located approximately 120 kilometres/75 miles north of the city of Elko, Nev. The Aura project includes three unique gold and silver deposits: Doby George, Gravel Creek and Wood Gulch. Western Exploration comprises an experienced team of precious metals experts that aims to lead the company to becoming North America's premier gold and silver development company.

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