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Western Gold Announces Receipt & Review of Historic Exploration Data for Lyon Licence Application, Caledonian Gold Project
North Berwick, Scotland--(Newsfile Corp. - February 9, 2026) - WESTERN GOLD EXPLORATION LTD. (TSXV: WGLD) (the "Company") is pleased to announce that it has received and reviewed historic mineral exploration data as part of our Glen Lyon Joint Venture (the "JV") with Acrux Gold Limited to explore for gold, silver, and critical minerals as part of the Caledonian Gold Project in central Scotland (see 25 November 2025 Press Release). Acrux Gold are the new operators of the nearby Cononish gold...
About this update from Western Gold Exploration Ltd.
[{"type":"text","content":"North Berwick, Scotland--(Newsfile Corp. - February 9, 2026) - WESTERN GOLD EXPLORATION LTD. (TSXV: WGLD) (the "Company") is pleased to announce that it has received and reviewed historic mineral exploration data as part of our Glen Lyon Joint Venture (the "JV") with Acrux Gold Limited to explore for gold, silver, and critical minerals as part of the Caledonian Gold Project in central Scotland (see 25 November 2025 Press Release). Acrux Gold are the new operators of the nearby Cononish gold mine, Scotland's first commercial gold deposit. The data relates to the Lyon area covered by the two Crown Estates Mines Royal Option Agreements (exploration licences) applied for by the JV (the "Lyon license") (see 3 December 2025 Press Release). Additional data from other JV areas will be released as it is reviewed by the Company.","length":864,"tagName":"p"},{"type":"text","content":""These historical results validate our team's assessment of the strong potential of the Caledonian Gold Project, to host significant gold mineralization," commented Harry Dobson, Chairman. "Building on our extensive Scottish field experience, the team is now advancing the next phase of work through systematic soil sampling, detailed mapping, and geophysical surveys."","length":393,"tagName":"p"},{"type":"text","content":"Key highlights of the historic mineral exploration data include:","length":64,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Multiple high-grade gold-bearing veins identified across the Lyon area.","length":71,"tagName":"p"}]},{"val":[{"type":"text","content":"827 drainage, float, and outcrop samples were collected, including:","length":67,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Float samples grading up to 136.3 g/t Au.","length":41,"tagName":"p"}]},{"val":[{"type":"text","content":"Outcrop grab samples up to 62.4 g/t Au.*","length":40,"tagName":"p"}]},{"val":[{"type":"text","content":"Visible gold recorded in stream pan concentrates.","length":49,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":130,"olType":false}]},{"val":[{"type":"text","content":"Backpack drilling for a total of 87.8m over 10 holes confirms continuity of gold-bearing structures along strike, supporting the potential for a larger mineralised syst...