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Western Exploration Mobilizes for 2025 Drill Program at Wood Gulch

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Western Exploration (OTCQX:WEXPF) has initiated mobilization for its 2025 drill program at the Wood Gulch target within its 100% owned Aura Project in Nevada. The company has begun deploying crews and equipment to the site, located 80km north of Elko.

The fully funded 4,000-meter diamond drill program will explore extensions of historic high-grade gold-silver mineralization near the Tomasina Fault Zone, including areas below the former Wood Gulch open pit. The target area, previously mined by Homestake in the late 1980s, has remained largely unexplored with modern techniques. Drilling is expected to commence in approximately one week, following the completion of drill platform preparation and access road clearing.

Western Exploration (OTCQX:WEXPF) ha avviato la mobilitazione per il suo programma di perforazione 2025 presso l'obiettivo Wood Gulch all'interno del suo progetto Aura di proprietà al 100% in Nevada. La società ha iniziato a inviare squadre e attrezzature sul sito, situato a 80 km a nord di Elko.

Il programma di perforazione diamantata da 4.000 metri completamente finanziato esplorerà le estensioni della mineralizzazione storica ad alto tenore di oro e argento vicino alla Tomasina Fault Zone, comprese le aree sotto l'ex miniera a cielo aperto di Wood Gulch. L'area obiettivo, precedentemente estratta da Homestake alla fine degli anni '80, è rimasta in gran parte inesplorata con tecniche moderne. Le perforazioni dovrebbero iniziare tra circa una settimana, dopo il completamento della preparazione delle piattaforme di perforazione e la pulizia delle strade di accesso.

Western Exploration (OTCQX:WEXPF) ha iniciado la movilización para su programa de perforación 2025 en el objetivo Wood Gulch dentro de su proyecto Aura, propiedad al 100% en Nevada. La empresa ha comenzado a desplegar equipos y maquinaria en el sitio, ubicado a 80 km al norte de Elko.

El programa de perforación diamantina completamente financiado de 4,000 metros explorará extensiones de mineralización histórica de oro y plata de alta ley cerca de la Zona de Fallas Tomasina, incluyendo áreas debajo de la antigua mina a cielo abierto Wood Gulch. El área objetivo, previamente explotada por Homestake a finales de los años 80, ha permanecido en gran parte sin explorar con técnicas modernas. Se espera que la perforación comience en aproximadamente una semana, tras completar la preparación de las plataformas de perforación y la limpieza de las vías de acceso.

Western Exploration (OTCQX:WEXPF)는 네바다에 위치한 100% 소유한 Aura 프로젝트 내 Wood Gulch 목표 지점에서 2025년 시추 프로그램을 위한 동원 작업을 시작했습니다. 회사는 엘코 북쪽 80km 지점의 현장에 인력과 장비를 배치하기 시작했습니다.

완전 자금 지원된 4,000미터 다이아몬드 시추 프로그램은 Tomasina 단층대 근처의 역사적인 고품위 금-은 광물화 연장 부위, 특히 이전 Wood Gulch 노천 광산 아래 지역을 탐사할 예정입니다. 이 목표 지역은 1980년대 후반 Homestake가 채굴했으나 현대 기술로는 거의 탐사되지 않았습니다. 시추는 시추 플랫폼 준비와 진입로 정리가 완료된 후 약 1주일 내에 시작될 예정입니다.

Western Exploration (OTCQX:WEXPF) a lancé la mobilisation pour son programme de forage 2025 sur la cible Wood Gulch dans le cadre de son projet Aura détenu à 100% au Nevada. La société a commencé à déployer des équipes et du matériel sur le site, situé à 80 km au nord d'Elko.

Le programme de forage diamanté de 4 000 mètres entièrement financé explorera les extensions de la minéralisation historique à haute teneur en or et argent près de la zone de faille Tomasina, notamment les zones situées sous l'ancienne fosse à ciel ouvert de Wood Gulch. La zone cible, anciennement exploitée par Homestake à la fin des années 1980, est restée largement inexplorée avec les techniques modernes. Le forage devrait commencer dans environ une semaine, après l'achèvement de la préparation des plateformes de forage et du défrichage des routes d'accès.

Western Exploration (OTCQX:WEXPF) hat mit der Mobilisierung für sein Bohrprogramm 2025 am Zielgebiet Wood Gulch im zu 100 % im Besitz befindlichen Aura-Projekt in Nevada begonnen. Das Unternehmen hat damit begonnen, Teams und Ausrüstung an den Standort zu bringen, der 80 km nördlich von Elko liegt.

Das vollfinanzierte 4.000-Meter-Diamantbohrprogramm wird Erweiterungen der historischen hochgradigen Gold-Silber-Mineralisierung in der Nähe der Tomasina-Verwerfung untersuchen, einschließlich der Bereiche unter dem ehemaligen Tagebau Wood Gulch. Das Zielgebiet, das Ende der 1980er Jahre von Homestake abgebaut wurde, wurde mit modernen Techniken weitgehend unerforscht gelassen. Die Bohrungen sollen in etwa einer Woche beginnen, nachdem die Bohrplattformen vorbereitet und die Zufahrtswege geräumt sind.

Positive
  • Fully funded 4,000-meter diamond drill program
  • 100% ownership of the Aura Project
  • Historical high-grade gold-silver mineralization in the target area
Negative
  • Limited modern exploration data available for the target area

Targeting Bonanza-Grade Gold-Silver Zones at Aura Project, Nevada

Reno, Nevada--(Newsfile Corp. - July 22, 2025) - Western Exploration Inc. (TSXV: WEX) (OTCQX: WEXPF) (the "Company" or "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, originally mined by Homestake in the late 1980's, has seen little modern exploration but our updated model-enhanced by exploration success at our Gravel Creek deposit indicates strong potential for new mineralization in this very prospective area."

Groundwork has commenced including final preparation of drill platforms and clearing up access roads. Expectations are for drilling to commence in approximately 1 week.

The fully funded 4,000-meter diamond drill program will focus on extensions of historic high-grade gold-silver mineralization associated with the Tomasina Fault Zone, including areas down-dip of the past-producing Wood Gulch open pit.

About Western Exploration
Western Exploration is focused on advancing the 100% owned Aura Project, located approximately 120 kilometers/75 miles north of the city of Elko, Nevada. The Aura Project includes three unique gold and silver deposits: Doby George, Gravel Creek, and Wood Gulch. Western Exploration is comprised of an experienced team of precious metals experts that aim to lead the company to becoming North America's premiere gold and silver development company.

About Western Exploration
Western Exploration Inc. (TSXV: WEX) (OTCQX: WEXPF) is a U.S.-focused precious metals company advancing its flagship, 100%-owned Aura Project in Nevada's prolific Mountain City District, approximately 120 kilometers (75 miles) north of Elko. The project features three defined gold-silver deposits-Doby George, Gravel Creek, and Wood Gulch-each with strong potential for resource expansion and future development. With a fully funded drill program underway and a leadership team with decades of exploration and development success, Western Exploration offers investors a compelling opportunity for exposure to one of North America's most promising emerging gold and silver districts.

Additional information regarding Western Exploration can be found on Western Exploration's corporate website (www.westernexploration.com) and on SEDAR+ (www.sedarplus.ca) under Western Exploration's issuer profile.

For further 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

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/259341

FAQ

What is Western Exploration's (WEXPF) 2025 drill program at Wood Gulch targeting?

The program is targeting extensions of historic high-grade gold-silver mineralization associated with the Tomasina Fault Zone, including areas down-dip of the past-producing Wood Gulch open pit.

Where is Western Exploration's (WEXPF) Aura Project located?

The Aura Project is located 80km north of Elko, Nevada.

How many meters will Western Exploration's (WEXPF) 2025 Wood Gulch drill program cover?

The program will cover 4,000 meters of diamond drilling.

When did Homestake previously mine the Wood Gulch area?

Homestake mined the Wood Gulch area in the late 1980s.

When will Western Exploration (WEXPF) begin drilling at Wood Gulch?

Drilling is expected to commence in approximately one week following the completion of drill platform preparation and access road clearing.
Western Exploration

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