Western Exploration Inc. announced final assay results and structural interpretation from the 2023 core drilling program in the Jarbidge rhyolite north-east of the Gravel Creek resource area at the Company's wholly-owned Aura gold-silver project (the "Aura Project"). Previous drilling, as reported in the Technical Report (as defined herein), intersected multiple high-grade Au-Ag bearing vein intercepts of up to 40.05 g/t Au and 1951.0 g/t Ag in the Miocene Jarbidge volcanics overlying and lateral to the Gravel Creek deposit. None of these Jarbidge-hosted intercepts have been included in previous resource estimates.

Results have been received for hole WG457, which intersected 9 vein, stockwork or hydrothermal breccia zones with AuEq grades of over 3.0 g/t, with individual assays of up to 257.0 g/t Au and 1655.0 g/t Ag. Analysis and interpretation of oriented core data collected in 2023 by Oriented Targeting Solutions shows a complex array of intersecting veins, stockwork and hydrothermal breccias following steep to shallow north-west to north-east trends that mimic the known structural controls on mineralization. The strongest correlation between WG456-WG457 links mineralized structures to a north/north-west trending corridor, with moderate dips west/south-west towards the main GC Fault zone.

Multiple intercepts along two sub-parallel veins zones show grades of over 20.0 g/t AuEq along a dip length of over 200 meters. Flow banded zones within the rhyolite show preferential steeply dipping north-east trends, which also appear to be controlling the emplacement of some veining and hydrothermal breccia zones. Future drilling will focus on the 550-meter by 350-meter area where multiple intercepts with grades of over 5.0 g/t AuEq were recorded in widely spaced legacy holes.

The results also provide additional support to justify further exploration of: (a) the coincident strong multi-element soil anomaly and density anomaly extending from Wood Gulch through Gravel Creek and continuing 2.0 kilometers to the north-east of the Gravel Creek resource area; and (b) the north-west trending density and chargeability anomaly with coincident multi-element soil anomaly extending 2.0 kilometers to the north-west of Gravel Creek.