Western Exploration Announces Additional Exploration Results at Gravel Creek

Rhea-AI Summary

Western Exploration Inc. (TSXV: WEX; OTCQX: WEXPF) announced positive results from its surface exploration program at the Aura Project's Gravel Creek resource area. The program highlighted high-grade intercepts of up to 40.05 g/t Au and 1,951 g/t Ag, supporting further drilling in NE-trending structural zones. The geochemical data indicates significant exploration potential, extending 2 km NE of Gravel Creek. CEO Darcy Marud expressed strong confidence in expanding the resource base, particularly as the data enhances understanding of high-grade vein controls. The integration of structural alteration and geochemical data will help target additional mineralization.

Positive

• High-grade intercepts of up to 40.05 g/t Au and 1,951 g/t Ag support further drilling.
• Exploration potential extends 2 km NE of Gravel Creek, indicating broader resource opportunities.
• Integration of geochemical and structural data improves understanding of vein controls.

Negative

• None.

Focusing Exploration on High Grade Gold Silver Veins

VANCOUVER, British Columbia--(BUSINESS WIRE)-- Western Exploration Inc. (TSXV: WEX; OTCQX: WEXPF) (the "Company" or "Western Exploration") is pleased to announce the results of its surface exploration work program on the Gravel Creek resource area of the Aura Project.

Figure 1. Cross section through Gravel Creek deposit, highlighting +5.0 g/t Au intercepts in legacy holes in the Miocene Jarbidge rhyolite overlying/adjacent to the Gravel Creek deposit area. Potential NE-trending structures with intercepts between the 1,500 and 1,750 meter elevations will be targeted with oriented core drilling in the upcoming field season. (Graphic: Business Wire)

Highlights from the work include:

• Rock geochemistry and detailed structural mapping completed in 2022 support the concept of NE-trending structures as a secondary ore control to the Gravel Creek system, which were noted in 2020 oriented core.
• An area with multiple high-grade Au-Ag vein intercepts of up to 40.05 g/t Au and 1,951 g/t Ag in the overlying felsic volcanic rocks will be targeted for drilling, focusing on NE trending structural zones with potential to expand resources.
• Au-Ag-As-Sb-Mo anomalies in soil and rock geochemistry occur up to 2.0 kilometers to the NE of the Gravel Creek resource, further extending the exploration potential.

Western Exploration CEO, Darcy Marud, said, "Western Exploration has long believed in the potential to greatly expand resources within the Wood Gulch/Gravel Creek mineralized system, and this data gives us additional confidence for drilling in the upcoming field season. The integration of structural alteration and geochemical data with the oriented core from hole WG450 has brought a greater understanding of the controls on the high-grade veins in the Jarbidge rhyolite overlying and peripheral to the Gravel Creek deposit. Oriented core is planned to verify structural trends and continuity of mineralization, with the ultimate goal of adding the known mineralization into the project resource base. The data also gives us further encouragement to continue to evaluate the Gravel Creek resource area for new areas of mineralization."

Multiple High Grade Gold and Silver Vein Drill Intercepts above and Peripheral to the Gravel Creek Deposit

Previous drilling, as reported in the Company's current technical report, titled "2021 Updated Resource Estimates and Technical Report For the Aura Gold-Silver Project, Elko County, Nevada" dated October 20, 2021 (with an effective date of October 14, 2021) (the "Technical Report"), has intersected multiple Au-Ag bearing vein intercepts in the Miocene Jarbidge volcanics overlying and lateral to the Gravel Creek deposit (see Tables 1 and 2), with grades up to 40.05 g/t Au and 1,951 g/t Ag. A cross section through the deposit shows intercepts of over 30.0 g/t AuEq in the Jarbidge rhyolite lie between the 1,500 and 1,750 meter elevation range, which corresponds to best grades in the main resource zone in the Frost Creek tuff (see Figure 1). None of these Jarbidge-hosted intercepts have been included in previous resource calculations, due to the uncertainty of orientation.

One core hole drilled in 2020 was angled SE to NW to test for the presence of NE trending vein zones within the Jarbidge rhyolite. Hole WG450 was drilled 190 meters NE of the Gravel Creek resource and intersected three high grade vein zones, carrying 1.52 meters at 4.07 g/t Au and 363 g/t Ag, 1.83 meters at 7.22 g/t Au and 334. 3 g/t Ag, and 0.3 meters at 37.1 g/t Au and 1,951 g/t Ag (see Table 2). The second intercept, as well as four smaller quartz-pyrite-marcasite vein zones, had strikes of N45-68E with dips from 65-90NW.

Table 1. Summary of historic +5.0 g/t AuEq intercepts in the Jarbidge rhyolite, sorted by elevation. The intercepts (+30.0 g/t AuEq) lie between the 1,500 and 1,750-meter elevations. The drill results are reported in the Technical Report. True widths are currently unknown but estimated to be between 25% and 75% of drill widths.

Hole	Elevation (m)	From (m)	To (m)	Drill Width (m)	Au g/t	Ag g/t	AuEq g/t (70:1)
WG448	2175	234.57	235.58	1.01	6.87	177.0	9.40
WG377	1941	239.27	242.32	3.05	6.19	69.3	7.18
WG376	1922	269.75	271.27	1.52	13.25	18.7	13.52
WG450	1910	226.47	227.99	1.52	4.07	363.0	9.26
WG450	1886	254.20	256.03	1.83	7.22	334.3	12.00
WG427	1840	376.43	377.95	1.52	8.39	79.1	9.52
WG422	1828	385.57	388.61	3.04	7.49	304.4	11.84
WG417	1758	440.44	443.48	3.04	40.05	1144.0	56.39
WG450	1746	409.93	410.23	0.30	37.10	1951.0	64.97
WG374	1733	466.34	467.87	1.53	15.40	15.7	15.62
WG379	1712	480.06	489.20	9.14	41.55	130.8	43.42
WG374	1710	487.68	495.30	7.62	25.60	75.2	26.67
WG434	1707	477.01	478.74	1.73	13.05	480.0	19.91
WG434	1692	490.73	493.78	3.05	12.02	549.0	19.86
WG377	1647	541.02	542.54	1.52	24.30	1655.0	47.94
WG377	1621	563.88	565.40	1.52	26.00	713.0	36.19
WG401	1620	562.36	563.88	1.52	12.65	384.0	18.14
WG434	1617	568.45	569.98	1.53	5.53	1.1	5.55
WG377	1608	576.07	577.60	1.53	11.25	385.0	16.75
WG401	1606	576.07	577.60	1.53	5.12	74.8	6.19
WG445	1602	612.95	615.39	2.44	35.60	28.6	36.01
WG434	1597	588.26	590.40	2.14	29.65	900.2	42.51
WG377	1584	603.50	608.80	5.30	23.36	799.2	34.78
WG401	1547	635.51	638.56	3.05	5.68	25.7	6.05

Table 2. Collar coordinates for Gravel Creek holes referenced in Table 1.

Hole	East	North	Elev	Azimuth	Dip	Depth (m)	Type
WG374	587,182	4,616,091	2,183	263.1	-66	646.2	RC
WG376	587,239	4,616,231	2,193	253.2	-90	830.6	RC
WG377	587,194	4,616,092	2,182	101.5	-89	780.3	RC
WG379	587,179	4,616,191	2,196	220.3	-90	698.0	RC
WG401	587,181	4,616,094	2,182	270.2	-85	968.4	RC/Core
WG417	587,302	4,616,299	2,197	274.0	-81	898.3	RC/Core
WG422	586,825	4,616,100	2,167	90.7	-58	623.6	RC/Core
WG427	587,182	4,616,351	2,198	270.7	-71	893.7	Core
WG434	587,351	4,616,160	2,175	237.3	-78	985.9	Core
WG445	587,223	4,616,266	2,195	231.4	-73	821.9	Core
WG448	587,303	4,616,130	2,176	241.7	-66	669.8	Core
WG450	587,536	4,616,045	2,110	292.5	-60	691.9	Core
UTM Coordinates NAD83, Zone 11

Additional Geochemistry and Structural Mapping at Gravel Creek

Rock geochemistry and detailed structural mapping completed in 2022 on Discovery Hill above the Gravel Creek resource area provides additional evidence supporting the concept of NE-trending structures as a secondary ore control to the Gravel Creek system. Systematic mapping and sampling of veins and hydrothermal breccia dikes on Discovery Hill, approximately 400 meters vertically above the Gravel Creek deposit, has shown that mineralized samples show a strong preferred orientation of N50-85E/235-265SW, dipping over 80 degrees to the NW or SE (see Table 3 and Figure 2).

Table 3. Select 2022 Rock Geochemical Results from Gravel Creek Discovery Hill and NE Badger areas*. A complete list of assays is included in Appendix 1.

AREA	Sample #	Au ppm	Ag ppm	Ag/Au ratio	As ppm	Sb ppm	Mo ppm	Azimuth *	Dip
DISCOVERY HILL	AU22-172	0.87	23.8	27	904	34	6	50	90
	AU22-136	0.80	31.3	39	452	43	4	50	80
	AU22-144	0.52	48.2	93	334	87	7	50	80
	AU22-169	0.70	22.1	32	630	85	14	55	75
	AU22-140	0.50	28.8	57	358	92	6	60	90
	AU22-146	0.67	41.7	63	625	156	8	65	90
	AU22-177	0.68	15.6	23	753	50	5	75	90
	AU22-170	0.98	92.2	94	781	186	160	85	80
	AU22-135	1.12	59.1	53	370	71	5	155	80
	AU22-141	0.55	34.4	63	532	81	8	235	80
	AU22-178	0.59	15.7	27	592	49	5	250	75
	AU22-182	0.54	22.3	41	792	45	5	255	80
	AU22-162	0.53	24.5	47	217	33	11	265	80
	AU22-159	0.66	21.7	33	456	92	12	270	85
	AU22-174	0.60	19.4	32	636	59	17	320	75
	AU22-155	0.57	17.9	31	443	80	226	325	40
	AU22-143	0.60	37.6	63	547	111	7	335	90
	AU22-142	0.59	42.7	72	446	147	8	350	70
* Samples > 0.5 ppm Au, sorted by Azimuth (full set of sample assays in Appendix 1)
AREA	Sample #	Au ppm	Ag ppm	Ag/Au ratio	As ppm	Sb ppm	Mo ppm
N. BADGER	781634	0.23	36.4	160	416	34	351
	781636	0.22	8.4	39	627	44	4
	781638	1.62	19.4	12	1355	84	26
	781640	0.04	3.4	97	198	7	5
	781645	0.53	21.8	41	902	49	56
	781647	0.72	42.3	58	672	48	224
	781649	1.21	36.2	30	1130	73	46
	781651	0.09	3.0	35	150	6	5
All analyses by ALS Chemex: gold by AuAA23 and other elements by ME-ICP41

Surface Exploration has Identified Additional Potential Drill Targets

The 2020 oriented core data, in combination with 2022 surface data, has been modeled in Vulcan and Leapfrog 3D software to define tentative high angle, NE-trending structural corridors. These will be tested with angle holes drilled NW to SW, targeting the Jarbidge rhyolite at the 1,500 to 1,750 meter elevation (see Figure 1). If successful, additional drill results could allow Western Exploration to expand its existing mineral resource within the Jarbidge rhyolite at Gravel Creek.

Outcrop and subcrop samples 1.0 kilometer NE of Gravel Creek support exploration potential

Of broader exploration significance, the 2022 data gives additional support for the exploration potential associated with strong, multi-element soil anomaly, which extends 2.0 kilometers to the NE of the Gravel Creek area, parallel to a density anomaly which extends from Wood Gulch through Gravel Creek and to the NE (see Figure 3). Rock outcrop/sub crop sampling of a small area of alteration and veining 1.0 kilometer NE of the Gravel Creek resource in the NE Badger area returned Au-Ag-As-Sb-Mo values comparable to the levels seen directly over the Gravel Creek deposit. The 1.61 g/t Au sample from the NE Badger anomaly is the highest-grade surface gold value collected to-date in the Jarbidge rhyolite and the highly anomalous Mo (up to 256 ppm) is suggestive of a upflow zone within the hydrothermal system (see Table 1 and Figure 4).

About the Aura Project

As outlined in the Technical Report (which was prepared in accordance with the requirements of National Instrument 43-101 – Standards of Disclosure for Mineral Projects ("NI 43-101")), the Aura Project has well established infrastructure including year-round accessibility by highway and county-maintained road and nearby access to water and electricity (see Figure 5). Western Exploration has exploration, development, and mining rights on 930 hectares of privately owned fee lands through a mineral lease agreement with a local landowner and may purchase those fee lands at any time for the development of Doby George.

The 6,000-hectare Aura Project has identified mineral resources in three different deposits (Doby George, Gravel Creek and Wood Gulch), as supported by the Technical Report (see Table 4 below).

Table 4. Updated mineral resource estimates for the Aura Project as contained in the 2021 Technical Report

MINERAL RESOURCE ESTIMATE(1)
	Indicated							Inferred
	Tonnes	Au (g/t)	Au (ozs)	Ag (g/t)	Ag (ozs)	AuEq (g/t)	AuEq (oz.)	Tonnes	Au (g/t)	Au (ozs)	Ag (g/t)	Ag (ozs)	AuEq (g/t)	AuEq (oz.)
Doby George(2)	12,922,000	0.98	407,000	-	-	0.98	407,000	4,999,000	0.73	118,000	-	-	0.73	118,000
Wood Gulch(3)	-	-	-	-	-	-	-	4,359,000	0.66	93,000	5.80	808,000	0.74	104,543
Gravel Creek(4)	1,315,000	4.73	200,000	75.0	3,169,000	5.81	245,271	2,744,000	4.16	367,000	60.20	5,307,000	5.02	442,814
TOTAL	14,237,000	1.33	607,000	75.0	3,169,000	1.43	652,271	12,102,000	1.48	578,000	15.74	6,115,000	1.71	665,357

Notes:

(1) Au equivalent oz assumes US$1,800 per oz Au and 70:1 ratio of Ag:Au.
(2) Pit constrained 0.2 g/t AuEq cutoff for oxide, 0.4 g/t Au cutoff for mixed and 1.4 g/t Au cutoff for unoxidized.
(3) Pit constrained 0.2 g/t AuEq cutoff.
(4) 3.0 g/t Au cutoff.

See "Cautionary Statements Regarding Estimates of Mineral Resources" below.

About Western Exploration

Born from a 25-year history of advancing exploration projects in Nevada as a private company, today Western Exploration is composed of an experienced team of precious metals experts that aims to lead Western Exploration to becoming a premiere gold and silver development company in North America. The Company's principal asset is the 100% owned Aura gold-silver project, located approximately 120 kilometers/75 miles north of the city of Elko, Nevada, and includes three unique gold and silver deposits: Doby George, Gravel Creek, and Wood Gulch. Additional information regarding Western Exploration and the Aura Project can be found on the Company's website and on SEDAR (www.sedar.com) under the Company's issuer profile.

Qualified Person Approval

The scientific and technical content in this news release has been reviewed and approved by Mark Hawksworth, General Manager of the Aura Project, and a "qualified person" within the meaning of NI 43-101.

Quality Assurance / Quality Control

Legacy drill intercepts are reported at 5.0 g/t Au cutoff, with assays uncut. Exploration program design, Quality Assurance/Quality Control ("QA/QC") and the interpretation of results is performed by qualified persons employing a QA/QC program consistent with NI 43-101 and industry best practices. Standards and blanks are inserted approximately every 20^th sample into the sample stream for QA/QC purposes by the Company as well as the lab. Surface geochemical samples are generally only at anomalous levels and are never used in resource calculations. However, professionally prepared standards were inserted into the sample sequence submitted to ALS CHEMEX to maintain control on assays for comparison purposes. Please see below under the heading "Cautionary Note Regarding Forward-Looking Information" for further details regarding the risks facing Western Exploration.

For additional information on the Aura Project, please see the Technical Report, which has been prepared in accordance with the requirements of NI 43-101, a copy of which is available on SEDAR (www.sedar.com) under Western Exploration's issuer profile and on Western Exploration's corporate website (www.westernexploration.com).

Cautionary Statements Regarding Estimates of Mineral Resources

This news release uses the terms measured, indicated and inferred mineral resources as a relative measure of the level of confidence in the resource estimate. Readers are cautioned that mineral resources are not mineral reserves and that the economic viability of resources that are not mineral reserves has not been demonstrated. The mineral resource estimate disclosed in this news release may be materially affected by geology, environmental, permitting, legal, title, socio-political, marketing or other relevant issues. The mineral resource estimate is classified in accordance with the Canadian Institute of Mining, Metallurgy and Petroleum's "CIM Definition Standards on Mineral Resources and Mineral Reserves" (CIM) incorporated by reference into NI 43-101. Under NI 43-101, estimates of inferred mineral resources may not form the basis of feasibility or pre-feasibility studies or economic studies except for preliminary economic assessments. Readers are cautioned not to assume that further work on the stated resources will lead to mineral reserves that can be mined economically.

Inferred mineral resources have a great amount of uncertainty as to their existence and as to whether they can be mined legally or economically. On October 31, 2018, the SEC adopted new mining disclosure rules ("S-K 1300") that are more closely aligned with current industry and global regulatory practices and standards, including NI 43-101, although there are some differences in the two standards. Accordingly, information concerning mineral deposits contain in this release may not be comparable with information made public by U.S. companies that report in accordance with S-K 1300.

Cautionary Note Regarding Forward-Looking Information

This news release may contain "forward-looking information" and "forward-looking statements" within the meaning of the applicable Canadian and United States securities legislation (collectively, "forward-looking statements"). These forward-looking statements, by their nature, require the Company to make certain assumptions and involve known and unknown risks and uncertainties that could cause actual results to differ materially from those expressed or implied in such forward-looking statements. Any statement that involves predictions, expectations, interpretations, beliefs, plans, projections, objectives, assumptions, future events or performance (often, but not always, using phrases such as "expects", or "does not expect", "is expected", "interpreted", "management's view", "anticipates" or "does not anticipate", "plans", "budget", "scheduled", "forecasts", "estimates", "potential", "feasibility", "believes" or "intends" or variations of such words and phrases or stating that certain actions, events or results "may" or "could", "would", "might" or "will" be taken to occur or be achieved) are not statements of historical fact and may be forward-looking information and are intended to identify forward-looking information. This news release contains the forward-looking information pertaining to, among other things: the focus and results of the surface exploration program; the accuracy of results from prior exploration activities conducted at the Aura Project; the key assumptions, parameters and methods used to estimate the mineral resource estimate disclosed in this news release; the prospects, if any, of the Doby George, Wood Gulch and Gravel Creek mineral deposits; future drilling at the Aura Project; the significance of historic exploration activities and results; and the ability to expand the existing mineral resources at the Aura Project. Such factors include, among others, risks relating to the ability of exploration activities (including drill results) to accurately predict mineralization; errors in management's geological modelling; the ability of Western Exploration to complete further exploration activities, including drilling; property and royalty interests in respect of the Aura Project; the ability of the Company to obtain required approvals; the results of exploration activities; risks relating to mining activities; the global economic climate; metal prices; dilution; environmental risks; and community and non-governmental actions. Although the forward-looking information contained in this news release is based upon what management believes, or believed at the time, to be reasonable assumptions, Western Exploration cannot assure shareholders and prospective purchasers of securities of the Company that actual results will be consistent with such forward-looking information, as there may be other factors that cause results not to be as anticipated, estimated or intended, and neither Western Exploration nor any other person assumes responsibility for the accuracy and completeness of any such forward-looking information. Western Exploration does not undertake, and assumes no obligation, to update or revise any such forward-looking statements or forward-looking information contained herein to reflect new events or circumstances, except as may be required by law.

For additional information with respect to these and other factors and assumptions underlying the forward‐looking statements and forward-looking information made in this news release concerning Western Exploration, see the management information circular dated November 12, 2021, available electronically under Western Exploration's issuer profile on SEDAR (www.sedar.com). The forward-looking statements set forth herein concerning Western Exploration reflect management's expectations as at the date of this news release and are subject to change after such date. Western Exploration disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, other than as required by law.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.

Appendix 1: Complete list of 2023 surface rock samples in Discovery Hill and N. Badger areas.

Area	Sample #	Easting (m)*	Northing (m)	Elevation (m)	Au ppm	Ag ppm	As ppm	Mo ppm	Sb ppm	Azimuth	Dip
Discovery Hill	AU22-134a	586,945	4,615,927	2137	0.43	26.0	262	8	39	350	90
	AU22-135	586,952	4,615,930	2138	1.12	59.1	370	5	71	155	80
	AU22-136	586,969	4,615,918	2141	0.80	31.3	452	4	43	50	80
	AU22-137	587,001	4,615,908	2145	0.31	14.2	1045	6	50	230	65
	AU22-138	587,005	4,615,908	2148	0.28	12.4	416	5	29	52	90
	AU22-139	587,008	4,615,907	2148	0.49	24.6	745	6	46	215	70
	AU22-140	587,018	4,615,907	2153	0.50	28.8	358	6	92	60	90
	AU22-141	587,021	4,615,906	2151	0.55	34.4	532	8	81	235	80
	AU22-142	587,023	4,615,906	2151	0.59	42.7	446	8	147	350	70
	AU22-143	587,026	4,615,906	2153	0.60	37.6	547	7	111	335	90
	AU22-144	587,029	4,615,906	2153	0.52	48.2	334	7	87	50	80
	AU22-145	587,032	4,615,906	2153	0.01	0.7	14	3	4	25	70
	AU22-146	587,037	4,615,906	2155	0.67	41.7	625	8	156	65	90
	AU22-147	587,040	4,615,906	2155	0.40	15.4	534	8	48	325	70
	AU22-148	587,041	4,615,906	2155	0.23	14.1	329	8	34	225	60
	AU22-149	587,043	4,615,906	2153	0.01	2.6	158	7	9	200	16
	AU22-150	587,044	4,615,906	2153	0.26	14.4	373	6	37	35	55
	AU22-151	587,048	4,615,906	2150	0.19	10.2	379	6	34	55	75
	AU22-152	587,052	4,615,906	2149	0.12	11.0	196	8	29	38	84
	AU22-153	587,053	4,615,906	2148	0.13	13.1	240	3	13	42	74
	AU22-154	587,071	4,615,908	2148	0.01	0.9	26	7	3	330	70
	AU22-155	587,074	4,615,908	2145	0.57	17.9	443	226	80	325	40
	AU22-156	587,079	4,615,910	2149	0.02	0.9	83	4	12	345	75
	AU22-157	587,088	4,615,914	2149	0.32	11.4	591	9	33	305	60
	AU22-158	587,095	4,615,917	2149	0.03	1.5	80	5	8	320	55
	AU22-159	587,096	4,615,918	2149	0.66	21.7	456	12	92	270	85
	AU22-160	587,096	4,615,919	2150	0.10	1.2	209	8	15	5	80
	AU22-161	587,098	4,615,921	2149	0.35	14.6	501	15	34	280	73
	AU22-162	587,102	4,615,925	2147	0.53	24.5	217	11	33	265	80
	AU22-163	587,111	4,615,934	2148	0.27	10.3	309	13	35	260	80
	AU22-164	587,134	4,615,950	2149	0.19	7.6	307	8	30	60	90
	AU22-165	587,148	4,615,953	2147	0.09	4.7	497	48	18	95	90
	AU22-166	587,171	4,615,964	2152	0.34	6.2	333	3	33	325	65
	AU22-167	587,071	4,615,842	2132	0.23	3.4	560	3	25	35	65
	AU22-168	587,051	4,615,852	2130	0.38	7.2	632	6	30	55	85
	AU22-169	586,988	4,615,868	2132	0.70	22.1	630	14	85	55	75
	AU22-170	586,956	4,615,873	2122	0.98	92.2	781	160	186	85	80
	AU22-171	586,961	4,615,865	2120	0.10	6.2	471	10	18	175	85
	AU22-172	586,974	4,615,851	2119	0.87	23.8	904	6	34	50	90
	AU22-173	586,999	4,615,837	2117	0.05	1.4	181	3	20	335	45
	AU22-174	587,199	4,615,876	2109	0.60	19.4	636	17	59	320	75
	AU22-175	587,004	4,615,942	2168	0.01	<0.2	25	1	<2	350	73
	AU22-176	587,002	4,615,945	2165	0.01	<0.2	16	3	2	10	75
	AU22-177	586,999	4,615,946	2163	0.68	15.6	753	5	50	75	90
	AU22-178	586,993	4,615,950	2163	0.59	15.7	592	5	49	250	75
	AU22-179	587,159	4,616,009	2173	0.25	10.1	982	21	36	280	55
	AU22-180	587,152	4,616,003	2173	0.07	4.1	371	7	12	240	55
	AU22-181	587,017	4,615,958	2172	0.21	17.3	386	5	22	350	65
	AU22-182	587,015	4,615,960	2173	0.54	22.3	792	5	45	255	80
	AU22-183	586,993	4,615,975	2173	0.01	1.0	126	6	14	60	80
	AU22-184	586,969	4,616,126	2201	0.07	32.2	283	6	45	255	25
	AU22-185	586,969	4,616,110	2200	0.38	33.0	436	6	100	35	90
	AU22-186	586,979	4,616,100	2204	0.30	16.2	318	7	38	55	90
	AU22-187	586,981	4,616,097	2201	0.33	9.8	575	6	46	60	90
	AU22-188	586,994	4,616,084	2204	0.01	0.6	105	6	9	10	90
	AU22-189	586,997	4,616,079	2204	0.25	5.4	473	6	21	180	80
	AU22-190	587,026	4,616,040	2197	0.02	0.6	82	3	8	65	85
	AU22-191	587,055	4,616,027	2195	0.02	0.9	101	4	6	20	85
	AU22-192	587,068	4,616,022	2194	0.04	1.0	229	3	9	10	70
	AU22-193	587,069	4,616,022	2194	0.01	0.3	58	4	5	255	85
	AU22-194	586,993	4,616,055	2199	0.02	0.8	134	13	5	350	73
	AU22-195	586,980	4,616,061	2198	0.03	3.1	86	13	17	40	90
N. Badger	781634	587,872	4,616,714	-	0.23	36.4	416	351	34
	781636	587,778	4,616,689	-	0.22	8.4	627	4	44
	781638	587,872	4,616,714	-	1.62	19.4	1355	26	84
	781640	587,784	4,616,685	-	0.04	3.4	198	5	7
	781645	587,874	4,616,715	-	0.53	21.8	902	56	49
	781647	587,866	4,617,714	-	0.72	42.3	672	224	48
	781649	587,871	4,616,713	-	1.21	36.2	1130	46	73
	781651	587,789	4,616,701	-	0.09	3.0	150	5	6
All analyses by ALS Chemex: gold by AuAA23 and other elements by ME-ICP41
* UTM Coordinates: NAD 83, Zone11

 

View source version on businesswire.com: https://www.businesswire.com/news/home/20230306005310/en/

For more information please contact:

Darcy Marud

Chief Executive Officer

Telephone: (775) 329-8119

Email: dmarud@westernexploration.com

Nichole Cowles

Investor Relations

Telephone: (775) 240-4172

Email: nicholecowles@westernexploration.com

Source: Western Exploration Inc.

FAQ

What are the latest exploration results for WEXPF at the Aura Project?

Western Exploration reported high-grade intercepts of up to 40.05 g/t Au and 1,951 g/t Ag from the Gravel Creek resource area.

How does the new data impact drilling decisions for Western Exploration (WEXPF)?

The new geochemical data and structural mapping have increased confidence in targeting additional drilling in NE-trending corridors.

What is the significance of the exploration results for WEXPF's stock?

The positive exploration results and potential resource expansion could positively influence investor sentiment and stock performance.

When is the upcoming drilling season for WEXPF?

The upcoming field season for drilling at the Gravel Creek site is anticipated based on the recent positive exploration results.

What is the management's outlook for resource expansion for WEXPF?

CEO Darcy Marud expressed strong confidence in expanding resources within the Wood Gulch/Gravel Creek system based on recent data.