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Western Exploration Announces a 54% Increase in Inferred Gravel Creek Gold Equivalent Mineral Resources
83% Increase in Silver ounces attributable to Jarbidge Discovery Reno, Nevada--(Newsfile Corp. -...
About this update from Western Exploration Inc
[{"type":"text","content":"Western Exploration Announces a 54% Increase in Inferred Gravel Creek Gold Equivalent Mineral Resources83% Increase in Silver ounces attributable to Jarbidge DiscoveryReno, 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*, in the inferred mineral resource category, reflecting the positive contribution from the high-grade vein discovery hosted in Jarbidge rhyolite east of Gravel Creek.Increased ounces of gold in the inferred mineral resource category from 367,000 oz/Au to 571,000 oz/Au, representing a 56%* increase in ounces of gold and a 9% increase in grade of gold.Increased ounces of silver in the inferred mineral resource category from 5,307,000 oz/Ag to 9,726,000 oz/Ag, representing an 83%* increase in ounces of silver and a 28%* increase in grade of silver.Indicated gold equivalent grade and ounces, reported at a 3.0 g Aueq/t cutoff, remained relatively constant between 2021 and 2025 with 216,000 ounces Au and 3,367,000 ounces Ag being reported in the current MRE.Watch the CEO news summary HERECannot view this video? Visit:https://www.youtube.com/watch?v=2FFoOoslpBg\"The updated MRE at Gravel Creek-Wood Gulch validates our exploration model and reinforces two years of drilling success,\" said Darcy Marud, CEO and President of Western Exploration. \"Our revised geologic models highlight new exploration opportunities along the GC Fault at Gravel Creek and the potential to expand high-grade veins in the Jarbidge rhyolite. This update reinforces our strategy and underscores Western Exploration's momentum in growing the resource footprint.\"While Wood Gulch remains the focus of our 2025 exploration program, the significant increase at Gravel Creek supports a more extensive drill program aimed at additional resource growth. The strength of this updated resource, combined with favorable market conditions for both gold and silver, positions us to deli...