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Western Exploration Inc V.WEX

Alternate Symbol(s):  WEXPF

Western Exploration Inc. is focused on gold and silver discoveries in Northern Nevada. The Company is engaged in the business of exploration, acquisition, development, and mining of precious metals and other mineral deposits in the State of Nevada. 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 including three gold and silver deposits: Doby George, Gravel Creek, and Wood Gulch. The Aura project consists of 709 unpatented lode mining claims, totaling 12,848 acres, and mineral leases on 2,296 acres of fee land in nine different parcels. Doby George is a near-surface oxide deposit. The deposit is located approximately 130 kilometers north of Elko, a top mining jurisdiction in the world. Gravel Creek is a high-grade underground sulphide deposit. Wood Gulch is a past-producing, near-surface, oxide deposit.


TSXV:WEX - Post by User

Post by cmarketinsightson Nov 26, 2024 7:53pm
55 Views
Post# 36332498

Hi guys! WEX is making strides at the Aura

Hi guys! WEX is making strides at the Aura
Hi guys!  WEX is making strides at the Aura project in Nevada, with promising developments across its three deposits. Doby George’s near-surface oxide resources and Gravel Creek’s high-grade sulfide zones both offer strong potential, especially with recent metallurgical tests showing recoveries at the higher end for similar projects.  
 
Initial drill results from Gravel Creek are delivering exceptional grades—intercepts as high as 75 g/t Au and 3,080 g/t Ag. With a resource update planned for H1-2025 and a PFS for Doby George by Q4-2025, the timeline is shaping up to add significant value.  
 
Agnico Eagle remains a major shareholder, and with M&A activity heating up in the gold space, WEX could be one to watch.  
 
Check out the full report for insights into WEX’s latest progress and why it could be a prime acquisition target. Let’s talk potential after you’ve read it!: https://www.researchfrc.com/content/reports/post/159/anticipating-significant-resource-expansion-raising-our-fair-value-estimate
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