Western Gold Commences Maiden Drilling Programme at the Caledonian Gold Project

Western Gold Exploration Ltd. has announced the start of its maiden diamond drilling programme at the Caledonian Gold Project in Scotland, with a specific focus on the Lyon licence application. The initial phase involves a minimum of eight diamond drill holes totaling at least 1,500 metres, targeting three high-priority prospects: Creag Sheileach, Coire a'Ghabhalach, and Chruitein Vein.

The project is held through a joint venture with Acrux Gold, which owns the nearby Cononish mine. Under the agreement, Western Gold Exploration Ltd. holds a 90% interest, while Acrux Gold retains 10%.

Initial core logging and assay results are anticipated in late Q3 2026, with full programme results expected through Q4 2026. This diamond drilling follows plans outlined in April 2026 for backpack drilling and channel sampling, marking the next step in target validation.

Western Gold Exploration Ltd. (WGLD) has begun drilling, a routine milestone following its April 2026 exploration update, which indicated that targets were on track for summer drilling. Assay results are not expected until late Q3 or Q4 2026. The activity confirms execution of the stated exploration plan but does not alter the fundamental risk profile or financial outlook in the near term.

Western Gold Exploration Ltd. (WGLD) is a junior mining company focused on exploration in Scotland. Its flagship assets include the Caledonian Gold Project, which comprises the Glen Orchy and Lyon licence applications, and the Lorne Project, a copper-gold porphyry property at Lagalochan. The Caledonian project operates under a joint venture with Acrux Gold, leveraging the partner's operational experience at the nearby Cononish mine, which is Scotland's only producing gold and silver mine. The company has identified high-grade gold and silver prospects through historical data review and recent grab sampling, with assays reaching up to 383.2 g/t Au.