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Western Gold Announces High Grade Gold Findings from First Tranche of Fieldwork in Caledonian Gold Project
North Berwick, Scotland--(Newsfile Corp. - March 30, 2026) - WESTERN GOLD EXPLORATION LTD. (TSXV...
About this update from Western Gold Exploration Ltd.
[{"type":"text","content":"Western Gold Announces High Grade Gold Findings from First Tranche of Fieldwork in Caledonian Gold ProjectNorth Berwick, Scotland--(Newsfile Corp. - March 30, 2026) - WESTERN GOLD EXPLORATION LTD. (TSXV: WGLD) (the \"Company\") is pleased to announce the first tranche of rock grab and drainage sampling data recently gathered by Company geologists. The data relates to the Lyon licence application; one of the two Crown Estates Mines Royal Option exploration licence applications applied for as part of our Glen Lyon Joint Venture (the \"JV\") with Acrux Gold Limited (see 25 November 2025 Press Release). \"Our latest exploration results validate the high-grade gold shown in historic assays - and reveal new outcrop and boulders in areas well beyond the scope of past work,\" said Harry Dobson, Chairman. \"We're maintaining an active, boots-on-the-ground approach to exploration and target development as we continue to advance the project towards drilling.\"Key highlights for the Lyon licence application include:Rock Grab SamplesTotal of 199 rock grab outcrop and float samples assayed to date: Float samples up to 252 g/t Au*.Outcrop grab samples up to 64.9 g/t Au*. All historic high-grade gold assays confirmed or exceeded.Areas with limited to no historical sampling returning high-grade gold and silver assays:Up to 30.5 g/t Au and 2190 g/t Ag discovered in outcrop grab samples at Coire Leaeach area, with several new mineralised veins up to 2m wide identified*.Historic data records one outcrop up to 9.4 g/t Au.Up to 27.7 g/t Au float discovered in tributaries of Meall Daill, which is over 5 km east of nearest historic sample.Drainage SamplesA total of 52 panned concentrate drainage samples assayed to date:14 samples highly anomalous in gold (≥0.1 g/t Au), with visible gold in 6 samples.Confirmation of anomalous gold in assays from all historically sampled drainage basins.Two new drainage basins (cumulatively 18km2) with elevated gold, including:Visible gold in pan assaying up to 4.61 g/t Au at Gleann Cailleach.*Note: Grab samples are inherently selective and may not reflect the true grade of the mineralisation, although they are taken from exposed outcrop. Float samples, by contrast, consist of transported material that is not in situ and therefore act only as indicators of potential nearby mineralisation.Geological OverviewThe Lyo...