Western Exploration Inc. is Nevada-focused precious metals exploration company, aiming to be a premier gold and silver development company in North America. The Company was born out of a 25-year history of advancing exploration projects in Nevada as a private company. Its principal asset is the Aura gold-silver project, located in Elko County, Nevada, approximately 120 kilometers/75 miles north of the city of Elko, Nevada.
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Western Exploration Inc. (WEX:TSX.V; WEXPF:OTC) announced initial assay results from its 2024 core drilling program at its fully owned Aura gold-silver project in Nevada. One analyst says the news should move the company's stock.
Western Exploration Inc. (WEX:TSX.V; WEXPF:OTC) announced that metallurgical testing on composite samples collected from its wholly-owned Aura gold and silver project in Nevada indicate recoveries of 94.8% for gold and 89.8% for silver. One analyst predicts the stock is on track for a bull market.
Western Exploration Inc. (WEX:TSX.V; WEXPF:OTC) announced a non-brokered private placement of CA$1.7 million from a new strategic investor from Texas, just as the gold bull market is starting to gather steam.
To move away from the U.S. dollar, developing countries and investors continue flocking to gold. This, in combination with certain economic factors, could be the perfect catalyst for a long gold bull market, one expert says.
Jeff Clark of thegoldavisor.com and the new Paydirt Prospector newsletter shares his thoughts on the recent moves in the gold and silver markets. Find out some of the stocks he personally owns.
Western Exploration Inc. (WEX:TSX.V; WEXPF:OTC) has started its 2024 drilling program at its wholly-owned Aura gold and silver project in Nevada. Find out why one expert's money is "on this team and their prospects."
Western Exploration Inc. has announced details for its proposed 2024 resource expansion drilling at its wholly owned Aura gold and silver project in Nevada. Find out why one analyst says the stock would be good to own going into an emerging gold bull market.
After being bullish on silver for at least the last year, asset manager Chen Lin feels a little vindicated by the precious metal's recent two-year high.
Western Exploration Inc. takes stock of 2023 and looks forward to plans for 2024 at its Aura gold and silver project in Nevada, which one analyst called "one of the most attractive mining jurisdictions in the world."
This gold company is exploring its 100%-owned project in Nevada, which one analyst called "one of the most attractive mining jurisdictions in the world.
The silver price is poised to advance, experts purport, and each of a handful of expected catalysts should spur it higher. Read what they are and about some mining companies that would benefit.
This morning, Western Exploration Inc. shared a promising update on its drilling at its Gravel Creek property. Read on to see these results and what the company has planned for the new year.
This gold and silver company's chief executive officer is updating shareholders on its flagship gold and silver project in Nevada, which one analyst called "one of the most attractive mining jurisdictions in the world."
This company has started an induced polarization geophysics program at its project in Nevada, hoping to grow its high-grade gold and silver resource there.
Technical Analyst Clive Maund takes a look at Western Exploration Inc.'s 5-month chart to explain why he believes it shouldn't take much to see increased demand for this gold stock.
This gold explorer will use data from surface exploration work at its flagship project in Nevada to help target its drilling as it develops three different deposits on the site.
Junior explorer Western Exploration Inc. releases more "amazing" drill results from its Aura gold project in northern Nevada, one investment manager says.
"Western Exploration Inc.'s first hole drilled near the Gravel Creek resource area returned exceptional grades of 75.3 g/t Au and 3,080 g/t Ag, extending high-grade mineralization for at least 80m along strike. Gravel Creek, featuring an underground/high-grade gold resource, is part of the company's Aura gold-silver project."
Chen Lin, What Is Chen Buying? What Is Chen Selling?
(10/7/24)
"Western Exploration Inc. released excellent drilling results; hole 459 intercepted multiple zones of gold, 1.01m gold at 68.32 g/t, over 2 oz/t(!) plus another zone of 0.49m of 111.54 g/t, about 4 oz/tn. These high-grade gold intercepts can quickly add ounces to the project."
Chen Lin, What Is Chen Buying? What Is Chen Selling?
(10/4/24)
"Western Exploration Inc. should have drilling results very soon."
"As a Nevada-based explorer and developer of gold-silver assets with news on the way, Western Exploration Ltd. has the potential to deliver big gains in the relatively near future. It remains a Buy."
Fundamental Research Corp.
(9/23/24)
"Western Exploration Inc. reported positive metallurgical results at Gravel Creek, with high recovery rates for gold (94.8%) and silver (89.8%). The company also secured $1.7M in financing and is advancing resource updates and a preliminary feasibility study on its Nevada projects."
"Western Exploration Inc. announced a nonbrokered private placement that will raise CA$1.7M. . .the company will use the money to advance a prefeasibility study on the Doby George deposit at its Aura gold-silver project. . .the cash injection is a good indicator that Western will continue to make news in the months ahead."
More Expert Comments
Fundamental Research Corp.
(8/8/24)
"One of our Top Picks, Western Exploration Inc., was last week's third top performer. It gained 19.2% week over week."
Chen Lin, What Is Chen Buying? What Is Chen Selling?
(8/5/24)
"Western Exploration Inc. is one of a few juniors that are well funded and have important drilling results this summer."
"Western Exploration Inc.'s current drill program at Aura is very likely to deliver more high-grade assays to the market in the back half of the year and confirm a very significant new discovery zone. If the gold market pans out like I think it will, the company's timing for good results could be near perfect."
Fundamental Research Corp.
(7/12/24)
"Western Exploration Inc. is one of our Top Picks in the mining space. Top Picks are our analysts' best ideas which have historically outperformed the benchmark by 38.2%. . .our Top Picks are chosen based on our belief in their future performance."
"Western Exploration Ltd.'s 4,000m drilling campaign at Aura will be conducted with two rigs supplied by Major Drilling Group, with work expected to begin in late June. The company hopes it will help to link with other 5+ g/t gold equivalent intercepts drilled on the Jarbidge rhyolite, a target which is open ended and currently spans 550m by 350m."
"Western Exploration Inc. announced upcoming drilling planned for its Aura project. . .this program will be one to watch closely as it could lead to a significant expansion of the high-grade already outlined at Aura. If you don't already own a position in the company, I recommend getting one before results come in from this drill program."
Thibaut Lepouttre, Caesars Report
(4/4/24)
"Western Exploration Inc. has completed a financing, raising a total of just over CA$6.5M. . .Agnico Eagle Mines participated in this offering as it acquired 857K additional units for a total investment of CA$600K, which brings its total position to approximately 6.3M shares."
"I expect Western Exploration Inc. to start drilling again as soon as possible. The company is a good story with a tight share structure, and one that I believe will trade higher with the results ahead. . .I wouldn't wait too long to get on board."
Chen Lin, What Is Chen Buying? What Is Chen Selling?
(3/26/24)
"Western Exploration Inc. is a new name in my letter. . .the company already made discoveries of 1.5m of 108.5 g/t gold, 1.5m of 237 g/t gold plus silver last year. . .Western is fully funded for this year's drilling."
Fundamental Research Corp.
(3/25/24)
Western Exploration Inc. was last week's top performer among our Top Picks. . .the company was up 35%. Last week it announced a fully allocated $6M equity financing."
"The area of the hanging wall in Western Exploration Inc.'s Gravel Creek target is preresource, but it seems likely to more than double the company's current gold resource. That realization will come out over the next year, and I don't expect Western to be trading anywhere near these levels once it does."
Siddharth Rajeev, Fundamental Research Corp.
(1/10/24)
"Western Exploration Inc. has completed a stepout drill program at the Aura gold-silver project. . .assays from two holes, located 140−250m east of the known Gravel Creek resource, returned bonanza gold-silver grades of up to 257 g/t Au and 2,800 g/t Ag."
Fundamental Research Corp.
(11/27/23)
"Initial results of a drill program at Western Exploration Inc.'s Gravel Creek in Nevada returned unusually high gold-silver grades of up to 34.9 g/t Au and 2,800 g/t Ag, indicating resource expansion potential. These holes, located 250m outside the current resource envelope, lie along a 2 km trend of gold-silver anomalies."
Fundamental Research Corp.
(8/2/23)
"Western Exploration Inc., the top performer in our Weekly Top Picks, was up 10.2%. The company is advancing a near-surface/high-grade oxide gold project in Nevada towards a prefeasibility study."
Clive Maund, CliveMaund.com
(7/17/23)
"Western Exploration Inc. looks like a buy here for a reversal into a recovery after a severe downtrend from its mid-April highs that cut the company's price about in half. . .a breakout from the long and persistent downtrend is likely to cause an abrupt change in sentiment that leads to a significant advance. . .the stock is very tightly held, so it won't take much of an increase in demand to drive Western Exploration sharply higher."
Siddharth Rajeev, Fundamental Research Corp.
(1/26/23)
"We are initiating coverage on Western Exploration Inc. with a Buy rating. . .we believe the company's primary strengths are its high-grade Doby George project with near-term production potential, a strong management/board and Agnico Eagle's backing."
10/7/2024 – Western Exploration Reports Positive Assay Results From 2024 Drilling Program at Gravel Creek
9/24/2024 – Western Exploration Announces Closing of CDN $1.7 Million Private Placement With Strategic New Shareholder
9/20/2024 – Western Exploration Reports Positive Gravel Creek Metallurgical Results, Including Gold Recovery of 94.8% to Combined Gravity and Flotation Concentrate
9/18/2024 – Western Exploration Announces Fully-Allocated Non-Brokered Private Placement of CDN $1.7 Million of Units With New Strategic Investor
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