Western Gold Announces Review of Historic High-Grade Gold & Silver Data for Their Orchy Licence Application, Caledonian Gold Project

The most recent news (February 25, 2026) details a comprehensive review of historical exploration data for the Orchy licence application within the Caledonian Gold Project. Key findings include outcrop grab samples as high as 383.2 g/t Au and float samples up to 358.9 g/t Au. Historical drilling (hole BUAQ1) also noted 2m @ 12.85 g/t Au and >200 g/t Ag from just 4m depth. This follows a similar data release on February 9, 2026, for the Lyon licence area, which highlighted backpack drilling results of 1m @ 25.5 g/t Au. The company is using this data to establish a "clear hierarchy of targets" for upcoming field validation, including mapping, soil grids, and backpack drilling.

The impact is Routine - Positive. While the grades are exceptionally high, they are historical and have not been verified by a Qualified Person (QP) according to modern NI 43-101 standards. - Validation Required: The news confirms the high-grade potential of the newly acquired/applied-for land packages but does not yet represent a new discovery by the current management. - Strategic Shift: The data supports the company’s transition from a pure copper-gold porphyry focus (Lorne/Lagalochan) to a broader district-scale gold play in the Caledonian Belt. - Cost Efficiency: Utilizing historical data allows the company to bypass expensive early-stage regional exploration and move directly to target refinement, preserving the $2.74M CAD raised in December 2025.

Western Gold Exploration is focused on the Lorne Fault Zone and the Caledonian Belt in Scotland. - Flagship Project: The Lorne Project (Lagalochan and Ardlochan prospects). Lagalochan is a copper-gold porphyry system with over 11,000m of historical drilling. - New Focus: The Caledonian Gold Project, a joint venture with Acrux Gold Limited, targeting high-grade gold/silver veins and critical minerals across 500 km² of newly applied-for land.