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... see more

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TSXV:WEX - Post Discussion

Western Exploration Inc > Nevada’s Next Big Gold Play? 🏔️ Western Exploration

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Post by cmarketinsights on Dec 05, 2024 6:12pm

Nevada’s Next Big Gold Play? 🏔️ Western Exploration

Nevada’s Next Big Gold Play? Western Exploration is charting an exciting path with its Aura gold-silver project in Nevada. A standout year of progress sets the stage for significant resource growth in 2025.

Key Highlights:

Indicated and inferred resources total 1.3 Moz gold equivalent across three deposits

Metallurgical test results show gold recoveries of 72%-95%, hinting at low-cost processing potential

Recent drill results unveiled grades of up to 75 g/t gold and 3,080 g/t silver Positioned as a potential M&A target amid rising gold prices and sector consolidation With resource updates and a feasibility study expected next year, what’s next for WEX in the competitive gold market?

Read FRC's latest report to explore the full story and our outlook: https://www.researchfrc.com/content/reports/post/159/anticipating-significant-resource-expansion-raising-our-fair-value-estimate