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Western Exploration Announces Additional Exploration Results at Gravel Creek
Focusing Exploration on High Grade Gold Silver Veins VANCOUVER, British Columbia / Mar 06, 2023 / Business Wire / Western Exploration Inc. (TSXV: WEX; OTCQX: WE
About this update from Western Exploration Inc
[{"type":"text","content":"Focusing Exploration on High Grade Gold Silver Veins VANCOUVER, British Columbia / Mar 06, 2023 / Business Wire / Western Exploration Inc. (TSXV: WEX; OTCQX: WEXPF) (the \"Company\" or \"Western Exploration\") is pleased to announce the results of its surface exploration work program on the Gravel Creek resource area of the Aura Project. Highlights from the work include: Rock geochemistry and detailed structural mapping completed in 2022 support the concept of NE-trending structures as a secondary ore control to the Gravel Creek system, which were noted in 2020 oriented core. An area with multiple high-grade Au-Ag vein intercepts of up to 40.05 g/t Au and 1,951 g/t Ag in the overlying felsic volcanic rocks will be targeted for drilling, focusing on NE trending structural zones with potential to expand resources. Au-Ag-As-Sb-Mo anomalies in soil and rock geochemistry occur up to 2.0 kilometers to the NE of the Gravel Creek resource, further extending the exploration potential. Western Exploration CEO, Darcy Marud, said, \"Western Exploration has long believed in the potential to greatly expand resources within the Wood Gulch/Gravel Creek mineralized system, and this data gives us additional confidence for drilling in the upcoming field season. The integration of structural alteration and geochemical data with the oriented core from hole WG450 has brought a greater understanding of the controls on the high-grade veins in the Jarbidge rhyolite overlying and peripheral to the Gravel Creek deposit. Oriented core is planned to verify structural trends and continuity of mineralization, with the ultimate goal of adding the known mineralization into the project resource base. The data also gives us further encouragement to continue to evaluate the Gravel Creek resource area for new areas of mineralization.\" Multiple High Grade Gold and Silver Vein Drill Intercepts above and Peripheral to the Gravel Creek Deposit Previous drilling, as reported in the Company's current technical report, titled \"2021 Updated Resource Estimates and Technical Report For the Aura Gold-Silver Project, Elko County, Nevada\" dated October 20, 2021 (with an effective date of October 14, 2021) (the \"Technical Report\"), has intersected multiple Au-Ag bearing vein intercepts in the Miocene Jarbidge volcanics overlying and lateral to the Gravel Creek deposit ...