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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. (TSX...
About this update from Western Exploration Inc
[{"type":"text","content":"Western Exploration Expands Exploration Footprint at Gravel Creek with 3.0 km Untested Structural Corridor at the Past Producing Wood Gulch MineVancouver, 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 08, 2025). Now, we have identified untested potential along the Tomasina Fault system, 1.0 km west of Gravel Creek. This new target bears many geologic, structural and geochemical similarities to Gravel Creek. The Jarbidge and Tomasina exploration targets are transformational for Western Exploration as they offer significant new resource expansion potential to the current Gravel Creek resource.\"The new Tomasina target zone is over 3.0 km long with three outcropping zones of mineralization and had past production from the Wood Gulch mine. The identified strike length is over five times the known strike length of current Gravel Creek mineralization and the presence of the highly receptive Frost Creek tuff along the fault gives us potential for wide (10.0-25.0 meter) zones of high-grade Au-Ag mineralization, as this is the favourable host to mineralization at Gravel Creek. Additionally, the target is 75-400 meters from the surface, which will reduce drill costs and would have a positive impact on potential future development. Mr. Marud added \"Drill testing the Tomasina Fault Zone will be a key part of Western Exploration's exploration program on the Aura Project in 2025. In combination with the continued evaluation of the high-grade vein zone outlined in the Jarbidge rhyolite in 2024, we believe we have a significant opportunity to continue to grow the Gravel Creek resource base\".HighlightsA 3.0-kilometer strike length target has been identified along the Tomasina Fault Zone, at depth and to the east of the outcropping Saddle and Wood Gulch NI 43-101 resource zones. The Wood Gulch Open Pit (previously mined in 1989-1991 by Homestake Mini...