Western Gold Provides Initial Data on Caledonian Gold Joint Venture Areas, Currently Under Application, Where Multiple High-Grade Gold Veins Have Been Recorded

Executive Summary

• Western Gold Exploration announced further details on its newly created joint‑venture with Acrux Gold to explore the Caledonian Gold Project in central Scotland.
• Historic exploration data highlight several high‑grade gold intercepts from surface and shallow “winky drill” samples (e.g., 7.5 m @ 4.1 g/t Au, 0.5 m @ 19.2 g/t Au, grab samples up to 383.2 g/t Au).
• The JV has applied for two Crown Estate Mines Royal Option Agreements covering ~500 km² (Glen Orchy and Lyon areas) and secured a ~130 km² surface‑rights agreement, positioning it for near‑term exclusive exploration rights.

Key Details

• Joint Venture Structure – Western Gold Exploration Ltd. (TSXV: WGLD) partners with Acrux Gold Limited; Acrux is the new owner of the nearby Cononish Gold Mine.
• Historical Assay Highlights
• Beinn Udlaidh Vein: 7.5 m @ 4.1 g/t Au (surface), 0.5 m @ 19.2 g/t Au, rock‑chip grab up to 73.2 g/t Au.
• River Vein: Grab samples > 100 g/t Au, max 383.2 g/t Au.
• Coire a’Ghabhalach Vein (Lyon area): 1.0 m @ 25.5 g/t Au and 2.1 m @ 15.3 g/t Au (surface).
• Creag Sheileach: 1.0 m @ 25.46 g/t Au (surface).
• Data Sources – Historical datasets supplied by Acrux Gold, covering public‑file information dating back to the 1980s.
• Crown License Applications – Two Mines Royal Option Agreements filed for Glen Orchy and Lyon areas; exclusive rights expected soon as JV is sole applicant.
• Surface‑Rights Agreement – Approximately 130 km² secured, providing immediate operational footprint for early exploration.
• Geographic Context – Licence areas lie ~40 km NE of Western Gold’s Lorne Cu‑Au Porphyry Project (Lagalochan & Ardlochan prospects).
• Qualified Person Review – David Pym (CGeol) acted as QP for the technical disclosure; historic data not independently verified but locations were cross‑checked.

Notable Quotes

(No direct quotes included in the release.)