Welcome to our dedicated page for Western Exploration news (Ticker: WEXPF), a resource for investors and traders seeking the latest updates and insights on Western Exploration stock.
Western Exploration Inc. (OTCQX: WEXPF; TSXV: WEX) generates a steady flow of technical and corporate news centered on the advancement of its 100%-owned Aura gold-silver project in Nevada. Investors following WEXPF news will see detailed updates on drilling, resource estimates and economic studies across the project’s three deposits: Doby George, Gravel Creek and Wood Gulch.
Recent news releases highlight reverse circulation drill programs along the Tomasina Fault Zone near Wood Gulch, where Western Exploration reports widespread clay alteration, silicification and quartz–sulfide veining consistent with a low-sulfidation epithermal system. The company has disclosed multiple intercepts with gold grades above 3.0 grams per tonne over a strike length of roughly 1.5 kilometers, as well as key target areas such as the GAP Zone and Hammer Head that remain to be tested.
Western Exploration’s news flow also covers technical milestones, including an NI 43-101 Preliminary Economic Assessment for the Doby George oxide gold deposit and an updated mineral resource estimate for Gravel Creek and Wood Gulch. The company has reported a 54% increase in inferred gold-equivalent resources and an 83% increase in inferred silver ounces at Gravel Creek, tied to a high-grade vein discovery in Jarbidge rhyolite and a revised geologic model.
In addition, WEXPF news items describe permitting and de-risking steps, such as engaging Stantec Consulting Services Inc. to prepare a Notice of Intent and Mine Plan of Operations for Aura, and ongoing baseline environmental and engineering work. For investors and analysts, the WEXPF news page offers a centralized view of exploration results, resource updates, technical report filings and project development activities at the Aura Project.
Western Exploration Inc. (TSXV: WEX; OTCQX: WEXPF) has initiated its 2024 drill program at the Aura gold-silver project in Nevada. The 4,000 m program targets high-grade Au-Ag veins discovered in 2023 east of the Gravel Creek deposit. Key points:
1. Two core drills will be used for oriented core drilling.
2. 2023 drilling identified a North-South trending zone with multiple high-grade Au-Ag bearing veins.
3. Multiple +20 g/t AuEq intercepts traced along a dip length of over 200 meters.
4. 2024 drilling will bracket the 2023 discovery section with 80-meter step-outs.
5. The program aims to add this new area to future Gravel Creek resource updates.
The company also clarified details about its contract with Peak Investor Marketing Corp. for investor relations services.
Western Exploration Inc. unveils the proposed 2024 exploration program at Gravel Creek with a focus on resource expansion drilling targeting high-grade Au-Ag veins in the Jarbidge rhyolite. Assay results indicate significant zones with multiple high-grade Au-Ag bearing structures. Major Drilling will conduct a 4,000-meter core drill program to further explore the area. CEO Darcy Marud highlights the potential for expanding the Gravel Creek resource base with the new drilling program.
The Power Play by The Market Herald has released new interviews with E-Power Resources, Nextech3D.ai, Empower Clinics, Western Exploration, and Decade Resources discussing their latest news. Key highlights include:
- E-Power Resources (CSE:EPR) is starting a drilling program on its Tetepisca flake graphite property in Quebec.
- Nextech3D.ai (OTCQX:NEXCF)(CSE:NTAR) reports record preliminary Q2 revenue up 155% to $1.4 million and guides towards Q3 revenue of $1.7-$1.9 million, up 200%.
- Empower Clinics (CSE:EPW) signs new agreements to advance research and clinical trials.
- Western Exploration (TSXV:WEX) begins IP geophysics and a 2,000-meter diamond core drill program at its Aura project in Nevada.
- Decade Resources (TSXV:DEC) receives a drill permit for its Nobody Knows claim group in the Terrace BC area.
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