Western Gold completes drilling at first target, Caledonian gold project
North Berwick, Scotland--(Newsfile Corp. - September 9, 2026) - WESTERN GOLD EXPLORATION LTD. (TSXV: WGLD) (the " Company ") is pleased to announce that drilling has been completed at Coire a'Ghabhalach vein (" CaG "), the first target of its maiden drilling campaign at the Caledonian Gold Project (see Press Release dated 29 June 2026). CaG was defined as a strong drill target through a programme of channel sampling, backpack drilling, and soil sampling, the results of which are disclosed below.
The Caledonian Gold Project (" CGP ") is held through the Glen Lyon Joint Venture (the " JV ") between the Company, which holds a 90% interest and acts as the operator, and Acrux Gold, which holds a 10% interest and owns Cononish, Scotland's first and only producing gold-silver mine ( see Company press release dated 25 November 2025). This initial drilling programme is focused on the Lyon area of the CGP, targeting high-priority prospects identified through the Company's systematic exploration programme.
"The high-grade gold intervals emerging from surface sampling are exactly what we had hoped to see and give us real confidence in the targeting work that's gone into this programme," commented Harry Dobson, Chairman. "We look forward to reporting drill results as they become available."
Highlights:
Drilling of 4 holes for a total of 667m has been completed at CaG, targeting gold anomalies identified from channel, backpack drill and soil sampling ( Figure 1 below ).
Veining at CaG exhibit characteristics analogous to mineralisation at the nearby Cononish mine *
Assay results for CaG are expected in October 2026. Drilling is now underway at the second target, Creag Sheileach.
Polymetallic mineralisation identified in channel and backpack drill sampling* 1 :
1.4m @ 9.94 g/t Au, 1.25% Zn, 1.61% Pb (backpack drill hole CGSD-6)
1.8m @ 7.