Western Exploration Files NI 43-101 Technical Report for the Aura Gold Silver Project
Reno, Nevada--(Newsfile Corp. - June 25, 2025) - Western Exploration Inc. (TSXV: WEX) (OTCQX: WEXPF) (the "Company" or "Western Exploration") has filed on SEDAR+ a technical report prepared in accordance with National Instrument 43-101 - Standards of Disclosure for Mineral Projects ("NI 43-101") on the Aura Project ("Aura" or the "Project"), titled "Preliminary Economic Assessment of the Doby George Deposits and Updated Resource Estimate for the Gravel Creek Gold-Silver Deposits, Aura Gold-Silver Project, Elko County, Nevada" (the "Technical Report")....
2025-06-25 7:00 AM EDT
Western Exploration Announces a 54% Increase in Inferred Gravel Creek Gold Equivalent Mineral Resources
Reno, Nevada--(Newsfile Corp. - June 23, 2025) - Western Exploration Inc. (TSXV: WEX) (OTCQX: WEXPF) (the "Company" or "Western Exploration") is pleased to report an updated mineral resource estimate (the "MRE"), prepared in accordance with National Instrument 43-101 ("NI 43-101"), for its Gravel Creek and Wood Gulch deposits, which are part of its, 100% owned Aura Project, located 120 kilometers north of Elko, Nevada.Highlights of the updated MRE include:A significant increase in grades and ounces, at a 3.0g AuEq/t cutoff*,...
2025-06-23 7:00 AM EDT
Western Exploration Announces Closing of Life Offering of Units for Gross Proceeds of C$5.0 Million
Reno, Nevada--(Newsfile Corp. - June 6, 2025) - Western Exploration Inc. (TSXV: WEX) (OTCQX: WEXPF) (the "Company" or "Western Exploration") is pleased to announce that it has closed its previously announced "best efforts" private placement (the "Offering") for aggregate gross proceeds of C$5,005,000, which includes the full exercise of the agent's option. Under the Offering, the Company sold 7,150,000 units (the "Units") at a price of C$0.70 per Unit. Each Unit consists of one variable voting share of the Company...
2025-06-06 1:30 PM EDT
Western Exploration Announces Brokered Private Placement for Minimum Gross Proceeds of C$2.1 Million to a Maximum of C$4.4 Million
Reno, Nevada--(Newsfile Corp. - May 21, 2025) - Western Exploration Inc. (TSXV: WEX) (OTCQX: WEXPF) (the "Company" or "Western Exploration") is pleased to announce that it has entered into an agreement with Red Cloud Securities Inc. (the "Agent") to act as sole agent and bookrunner in connection with a "best efforts" private placement offering (the "Marketed Offering") of a minimum of 3,000,000 units of the Company (each, a "Unit") at a price of C$0.70 per Unit (the "Offering Price") for...
2025-05-21 4:30 PM EDT
Western Exploration Announces Positive Preliminary Economic Assessment for the Doby George Resource at the Aura Project
Reno, Nevada--(Newsfile Corp. - May 8, 2025) - Western Exploration Inc. (TSXV: WEX) (OTCQX: WEXPF) (the "Company" or "Western Exploration") is pleased to announce results from a positive Preliminary Economic Assessment ("PEA") on its flagship Doby George resource at the Aura gold project located in Nevada's prolific Elko county ("Doby George" or, the "Project"). PEA Highlights: Base Case After-tax NPV of US$70.7M and an IRR of 25.4% using a gold price of US$2,150 increasing to US$211.2 M with a 62.2%...
2025-05-08 7:00 AM EDT
Western Exploration Expands Exploration Footprint at Gravel Creek with 3.0 km Untested Structural Corridor at the Past Producing Wood Gulch Mine
Vancouver, British Columbia--(Newsfile Corp. - February 24, 2025) - Western Exploration Inc. (TSXV: WEX) (OTCQX: WEXPF) (the "Company" or "Western Exploration") has defined a major new exploration target zone in the Wood Gulch-Gravel Creek area that will accelerate the Company's efforts to grow the Gravel Creek resource.Western Exploration CEO, Darcy Marud, commented: "In 2024 Western successfully added a new, drill-tested target for resource expansion only 100-meters east of the Gravel Creek resource in the Jarbidge rhyolite (as reported on January...
2025-02-24 7:30 AM EST
Crystal Peak Files Information Circular for Western Exploration's "Go-Public" Transaction; Provides Status Update on Reverse Takeover
Toronto, Ontario--(Newsfile Corp. - November 16, 2021) - Western Exploration LLC ("Western") and Crystal Peak Minerals Inc. (TSXV: CPM.H) (OTC: CPMMF) ("Crystal") are pleased to announce that Crystal has filed its notice of annual general and special meeting (the "Notice of Meeting"), management information circular (the "Information Circular"), and certain related meeting materials (collectively, the "Meeting Materials") for the annual general and special meeting of the shareholders of Crystal (the "Crystal Shareholders") to be held on Wednesday, December 15, 2021...
2021-11-16 12:20 PM EST
Western Exploration and Crystal Peak Minerals Announce Closing of Previously-Announced $6 Million Subscription Receipt Financing
Toronto, Ontario--(Newsfile Corp. - October 13, 2021) - Western Exploration LLC ("Western") and Crystal Peak Minerals Inc. (TSXV: CPM.H) (OTC: CPMMF) ("Crystal") (together, the "Parties") are pleased to announce, further to their joint news releases dated February 19, 2021 and October 12, 2021, the closing of the private placement of 2,248,936 subscription receipts of Crystal (the "Subscription Receipts") at a subscription price of $2.65 per Subscription Receipt (the "Issue Price") for aggregate gross proceeds of approximately $6 million (the...
2021-10-13 1:16 PM EDT
Western Exploration and Crystal Peak Minerals Provide Update on Previously-Announced RTO Transaction, Including $6 Million Subscription Receipt Financing
Toronto, Ontario--(Newsfile Corp. - October 12, 2021) - Western Exploration LLC ("Western") and Crystal Peak Minerals Inc. (TSXV: CPM.H) (OTC: CPMMF) ("Crystal") (together, the "Parties") are pleased to provide an update, further to their joint news release dated February 19, 2021, on their previously-announced transaction that would result in Western completing a "reverse take-over" (under the policies of the TSX Venture Exchange) (the "RTO") of Crystal by way of a plan of arrangement under Division 5 of Part 9 of...
2021-10-12 8:39 PM EDT
Western Exploration to "Go Public" by Reverse Take-Over of Crystal Peak Minerals
Toronto, Ontario--(Newsfile Corp. - February 19, 2021) - Western Exploration LLC ("Western") and Crystal Peak Minerals Inc. ("Crystal") (TSXV: CPM.H) (OTC Pink: CPMMF) are pleased to announce that they have entered into an arrangement agreement dated February 19, 2021 (the "Arrangement Agreement") outlining the terms upon which, among other things, Western will "go public" by way of a "reverse take-over" of Crystal (the "RTO") under the policies of the TSX Venture Exchange (the "Exchange"), as more particularly described in this...
2021-02-19 5:30 PM EST