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Bullboard - Stock Discussion Forum
Western Exploration Inc
V.WEX
Alternate Symbol(s):
WEXPF
Metals & Mining
Industrial Metals & Minerals
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.
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TSXV:WEX - Post Discussion
Western Exploration Inc
> Announces a fully allocated $6M equity financing
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sdhaka
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Post by
sdhaka
on Mar 26, 2024 4:30pm
Announces a fully allocated $6M equity financing
Western Exploration Inc. / TSXV: WEX
PR Title
Announces a fully allocated $6M equity financing
FRC Opinion: Positive – Funds will be used towards exploration and development at the Aura gold-silver project in Nevada. Agnico Eagle (NYSE: AEM, 16%) is a major shareholder.
Read more:
https://www.researchfrc.com/content/analyst-ideas/post/55/dovish-tone-from-the-fed-reddits-ipo-snb-leads-rate-cuts
(66)
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sdhaka
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Comment by
sdhaka
on Mar 26, 2024 5:48pm
*FRC provides issuer paid coverage. *Past performance is not indicative of future results
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