Vancouver, British Columbia (GLOBE NEWSWIRE), March 15, 2022 — Today’s hottest company is Western Exploration (TSXV: WEX) (OTCQX: WEXPF), a precious metal exploration company focused on Nevada. We aim to be a gold and silver development company. In North America.
Media snippets that accompany this announcement are available by clicking on the images or links below.
For more information, watch the Investment Pitch Media video, which provides additional information about Western Exploration, along with comments from Darcy Marud, CEO of Western Explorations. The video is “InvestmentPitch.com“When”YouTube“. If these links are not enabled, please visit the following URL: www.InvestmentPitch.com Type Western Exploration in the search box.
The company was born out of a 25-year history of exploration projects as a private company in Nevada. Its main asset is a 100% owned 6,000 hectare aura gold and silver project located approximately 120 km north of Elko City, Elko County, Nevada.
In 2017, Agnico Eagle Mines became a partner, investing more than US $ 14 million and currently owning approximately 18%, providing technical expertise through a joint technical committee with Western Exploration management.
The Aura Project, with year-round access to nearby water and electricity highways and county roads, is located 32 kilometers north of the Jerit Canyon mine, which has been in operation since 1981. The Aura Project is unique in the Junior Mining Space. This is because the NI 43-101 Resource Estimate Technical Report has an estimated resource worth 652,271 ounces per ton at 1.43 grams and an estimated resource equivalent to 665,357 gold ounces at 1.71 grams per ton. The Resource Estimate is based on three different deposits: Doby George, Gravel Creek, and Wood Gulch, a former operating mine.
At Doby George, current mineral resources are defined by more than 800 drill holes completed between 1997 and 2017. Previous metallurgical test results completed with 26 bottle rolls and 23 column leaching samples show that close to 70% heap leaching can be expected to be recovered. The integration of exploration work carried out in the Aura project from 1997 to 2021 created a robust geological model, opening up great potential for resource expansion and new discoveries.
Over the last two years, the company has put together all the historical data to develop a 3D model and established a focused exploration program for the Aura project. We also advanced the project to a stage where limited additional metallurgical work could lead to the start of a pre-feasibility study.
The stock is trading at $ 1.70. For more information, please visit the company’s website. www.WesternExploration.comNicohole Cowles, Investor Relations, 775-240-4172 or email NicholeCowles@WesternExploration.com..
The information in this Investmentpitch Media Ltd video is for viewers only. Western Exploration has paid no more than $ 2,000 in cash to create the current news release in video format. Corporate information is based on publicly available information. The information provided by Investmentpitch Media Ltd. through its media services should not be construed as a recommendation, offer or offer to buy or sell securities, but only as an information media service. Investmentpitch Media Ltd makes no warranties or promises regarding the accuracy or completeness of this information. All due diligence must be done by the viewer or his financial adviser. Investing in securities is speculative and risky.
About Investment Pitch Media
InvestmentPitch Media harnesses the power of video to position its story in front of 1,000 companies seeking recognition and funding from the financial community, along with its widespread distribution. The company specializes in producing short videos based on important news releases, research reports, and other content of interest to investors.
CBJ News Maker
The InvestmentPitch Media featured video describes Western Exploration, a precious metal exploration company focused on Nevada, in the Canadian Business Journal with the aim of becoming the best gold and silver developer in North America.
Source link The InvestmentPitch Media featured video describes Western Exploration, a precious metal exploration company focused on Nevada, in the Canadian Business Journal with the aim of becoming the best gold and silver developer in North America.