Business
Western Gold Announces Review of Historic High-Grade Gold & Silver Data for Their Orchy Licence Application, Caledonian Gold Project
North Berwick, Scotland--(Newsfile Corp. - February 25, 2026) - WESTERN GOLD EXPLORATION LTD. (TSXV: WGLD) (the "Company") is pleased to announce the second instalment of historic gold and silver exploration results, following the Lyon application announcement (see 9 February Press Release). This work forms part of our Glen Lyon Joint Venture (the "JV") with Acrux Gold Limited to explore for gold, silver, and critical minerals within the Caledonian Gold Project in central Scotland (see 25...
About this update from Western Gold Exploration Ltd.
[{"type":"text","content":"North Berwick, Scotland--(Newsfile Corp. - February 25, 2026) - WESTERN GOLD EXPLORATION LTD. (TSXV: WGLD) (the "Company") is pleased to announce the second instalment of historic gold and silver exploration results, following the Lyon application announcement (see 9 February Press Release). This work forms part of our Glen Lyon Joint Venture (the "JV") with Acrux Gold Limited to explore for gold, silver, and critical minerals within 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 Orchy area covered by the two Crown Estates Mines Royal Option Agreements (exploration licences) applied for by the JV (the "Orchy license") (see 3 December 2025 Press Release).","length":868,"tagName":"p"},{"type":"text","content":""This second tranche of historic data, combined with the data on the neighbouring Lyon application, strengthens our conviction in the district-scale potential of the Caledonian Gold Project," commented Harry Dobson, Chairman. "We are now moving quickly to validate these areas in the field and establish a clear hierarchy of targets for the next stage of work. The team has already completed an initial phase of field sampling and verification, and will continue to advance these workstreams ahead of drilling."","length":531,"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 veins and polymetallic breccia pipes identified over a 100km2 area.","length":92,"tagName":"p"}]},{"val":[{"type":"text","content":"2,176 drainage, float, and outcrop samples were collected, including:","length":69,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Outcrop grab samples up to 383.2 g/t Au. *","length":42,"tagName":"p"}]},{"val":[{"type":"text","content":"Float samples grading up to 358.9 g/t Au.","length":41,"tagName":"p"}]},{"val":[{"type":"text","content":"Nearly 25% of stream sediment samples highly anomalous in gold (≥0.1 g/t Au). *","length":79,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":162,"olType":false}]},{"val...