Western Gold Exploration Ltd. · TSXV:WGLD
Western Gold Exploration — Investor Presentation (July 2022)
16 slides from Western Gold Exploration's investor presentation, July 2022
Slide 1: Investor Presentation
INVESTOR PRESENTATION ➢ Drilling Underway at Gossan Burn, Knapdale ➢ Lagalochan Update
Slide 2: Disclaimer
DISCLAIMER CAUTIONARY STATEMENT This Presentation (the “Presentation”) and its contents are the property of Western Gold Exploration Ltd. (“WGLD” or the “Company”). This Presentation contains certain forward-looking statements or “forward- looking information” within the meaning of applicable securi
Slide 3: Key Company Information
KEY COMPANY INFORMATION • Exploring in Scotland for base metals and gold CAPITAL STRUCTURE • Backed by a group of mining entrepreneurs with multiple successes Shares on Issue 26,604,705 worldwide • Hold diverse mineral properties in the west of Scotland with good Options 1,915,000 size potential and
Slide 4: Board of Directors & Management
BOARD OF DIRECTORS & MANAGEMENT Chairman and Founder Over 30 years international experience as a Mining Executive in Canada, Ireland, UK and Australia Harry Dobson Developer of multiple open pit and underground mines globally including Kirkland Lake Gold Inc, Rupert Resources and Mountain Province C
Slide 5: Environmental, Social & Governance
ENVIRONMENTAL, SOCIAL & GOVERNANCE Western Gold Exploration Ltd will always endeavour to uphold the following standards: • Comply with all applicable Environmental Legislation • Only use contractors with appropriate ISO Environmental Management Certifications • Minimise greenhouse gas emissions and
Slide 6: Scotland – Part of a Globally Important Mineral Belt
SCOTLAND – PART OF A GLOBALLY IMPORTANT MINERAL BELT UNDEREXPLORED POTENTIAL • Historic base-metal mining district (1700s to 1920s) but very little modern exploration • Caledonides/Appalachians a globally important mineral belt stretching from Georgia, USA, through the UK and into Scandinavia/Greenl
Slide 7: WGLD – Exploration (2021-2022)
WGLD – EXPLORATION (2021-2022) OVERVIEW 2021 • Assembled an experienced team of expert geologists and consultants • Renewed mineral-focussed research developed a new geological understanding of the Scottish Caledonides • Ionic Leach (IL) soil-sampling technique applied to key prospects to better ref
Slide 8: Knapdale - Gossan Burn
KNAPDALE - GOSSAN BURN GOSSAN BURN – A WORTHY EXPLORATION VENTURE • Situated in a mature, back-arc extensional setting • Such settings typically host high-tonnage, low-grade deposits • A NNE-trending copper anomaly that extends > 6km along strike has been identified from soil sampling data • All wit
Slide 9: Knapdale - Gossan Burn: Proposed Drill Sites and Copper Geochemistry
KNAPDALE - GOSSAN BURN PROPOSED DRILL SITES AND COPPER GEOCHEMISTRY • The pilot drilling program comprises 6 diamond drill holes conducted to evaluate the economic potential of the Gossan Burn prospect GB22-6 • Individual hole depths 180-200m Gossan • Total aggregate of up to 1200 drilling-meters Bu
Slide 10: Lagalochan Prospect
LAGALOCHAN PROSPECT A RARE OPPORTUNITY - HIGHLY PROSPECTIVE PORPHYRY COPPER-GOLD SYSTEM LAGALOCHAN Red Feldspar Porphyry (RFP) Lithic Diatreme Breccia Technical Reassessment of 50 Years of Data Porphyry Breccia • Situated in the Kilmelford District of Argyll, Scotland • Lagalochan is a Silurian aged
Slide 11: Lagalochan Prospect – North Hill Known Mineralisation
LAGALOCHAN PROSPECT Red Feldspar Porphyry (RFP) NORTH HILL – KNOWN MINERALISATION Lithic Diatreme Breccia • Copper, gold and molybdenum hosted by quartz stockwork within the Red Feldspar Porphyry (RFP) unit Porphyry Breccia • Known mineralisation an ovoid shaped (450m*250m at surface), NE-plunging v
Slide 12: Lagalochan Prospect – 3D Model of the North Hill Porphyry System
LAGALOCHAN PROSPECT 3D MODEL OF THE NORTH HILL PORPHYRY SYSTEM Gold Zone and West Lobe open along strike Gold Zone West Lobe West Main Main Lobe Lobe Lobe Higher-grade gold-copper intersected in the NE-extension of the West Lobe >0.1% Cu shell No drill information regarding extent of West and Main L
Slide 13: Lagalochan Prospect – Cu Ionic Leach Soil Data
LAGALOCHAN PROSPECT CU IONIC LEACH SOIL DATA WITH GEOLOGY AND PAST DRILL HOLES* This survey has identified a new multi element zone in the south and also a possible North East and SW Extensions to the known main porphyry zone. • Soil sampling and historical data has Possible North Hill extensions al
Slide 14: Lagalochan Prospect – Additional Targets
LAGALOCHAN PROSPECT ADDITIONAL TARGETS LAGALOCHAN South Hill Porphyry Mineralisation • Only limited drilling to date • Anomalies similar to those that define mineralisation at North Hill • Drill hole data indicates the presence of another porphyry-breccia zone and mineralised porphyry North Hill Por
Slide 15: Summary
SUMMARY ➢ We are the most active exploration company in Scotland ➢ Our current core projects, within known mineralised areas, are: • Gossan Burn, Knapdale, where we are currently drilling to test significant surface and geophysical anomalies • Meall Mor, Knapdale where we are analysing a newly disco
Slide 16: Contacts
CONTACTS For further information, please contact: Head Office The Lighthouse, St Abbs Ross McLellan | +44 7779 161441 ross@westerngoldexploration.com Suite, Heugh Road, North Berwick East Lothian, Rupert Williams | +44 7717 578865 Scotland EH39 5PX rupert@sc-capital.co.uk www.westerngoldexploration.
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