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Western GOLD Announces Recent Exploration Work ON Its Lagalochan Copper GOLD Porphyry Project

Exploration Programs

[email protected]

www.westerngoldexploration.com

TSX Venture: WGLD

WESTERN GOLD ANNOUNCES RECENT EXPLORATION WORK ON ITS

LAGALOCHAN COPPER GOLD PORPHYRY PROJECT

For Immediate Release

North Berwick, Scotland 28 July 2022

WESTERN GOLD EXPLORATION LTD. (TSX Venture – WGLD) (the “Company”) is pleased to announce the results

of recent exploration work at its 100% owned Lagalochan Copper Gold Porphyry Property (“Lagalochan”) in

Argyll, Scotland.

Exploration work for Lagalochan included:

 Completion of an Ionic Leach soil sampling programme, confirming and extending the results of historical

deep overburden (DOB) sampling.

 Re-evaluation of historical drill results and exploration data, including the limited evaluation drilling

completed in 2018-2019 by a subsidiary of the Company (Lorne Resources Ltd.), prior to the Company

acquiring such subsidiary.

As a result of such exploration works, the Company notes:

 Several new exploration targets have been generated which it intends to follow-up on with further work.

These exploration targets are shown in Figure 3 below.

 The drilling undertaken by its subsidiary (Lorne Resources Ltd.) at Lagalochan in 2018-2019 confirmed

historical grades of the main quartz stockwork zone within the red feldspar porphyry achieved by other

companies that drilled Lagalochan in 1984-1985. For example, the Lorne Resources holes LD18-4

intersected 530.5m @ 0.17% Cu, 0.11 g/t Au, 2.7 g/t Ag, 68 ppm Mo from 3m downhole and LD13-1a

which intersected 537m @ 0.18% Cu, 0.10 g/t Au, 2.6 g/t Ag, 73 ppm Mo from 2m downhole confirmed

and extended results from LD84-15, the best hole from the previous programme which intersected

292.47m @ 0.20% Cu, 0.12 g/t Au, 3.7 g/t Ag, 47 ppm Mo from 1.9m downhole and ended in

mineralisation. Tabulated historical results for Lagalochan are presented in Appendix 1 below.

 The quartz stockwork zone at Lagalochan exhibits a strong phyllic overprint of original potassic alteration

and indicates that the current bedrock surface is at a shallow erosional level just below the inferred lithocap

that has subsequently been eroded away. It is believed that mineralisation in the stockwork zone is open

to depth and is interpreted to lie above the inferred progenitor porphyry, which has not been intersected

in historical drilling.

 The presence of not only porphyry copper gold mineralisation, but also gold copper skarn and intermediate

sulphidation gold silver epithermal type mineralisation in outcrop in various locations proximal to the main

stockwork zone.

Harry Dobson, Chairman of the Company, commented: “We are excited about the Lagalochan property. Whilst

the existing stockwork mineralisation intercepted in historical drilling is sub-economic, the property shows

considerable potential for further discoveries, both at depth beneath the existing stockwork zone and in the

proximal skarns and epithermal gold zones. Porphyry complexes can have multiple centres and the size of the

alteration zone is indicative of a large intrusive system that has seen no significant exploration since the 1980’s.

Large scale copper exploration targets remain rare in stable jurisdictions and the property is of strategic interest

if economic copper resources can be found.”

Figure 1: Plan of drilling on the central portion of the Lagalochan Porphyry system. Blue dashed line defines known limits of

the qtz stockwork zone that roughly defines the + 0.1% Cu contour. Hashed area shows the porphyry breccia zone which

overprints the stockwork zone and is Cu destructive but associated with sporadic zones of higher grade gold. Section line in

orange.

Figure 2: Section showing porphyry breccia zone and depth extents of known mineralisation. Significant holes are labelled.

Figure 3: Main target areas resulting from the reinterpretation of historical results and the IL soil sampling. Showing Cu

anomalies. Red circles are coincident Cu, Mo, Au soils indication possible extensions of porphyry mineralisation. Yellow circle

indicates area of potential epithermal gold mineralisation.

Lagalochan is a Silurian aged high potassium calc alkaline type porphyry similar to Red Chris in British Columbia,

Canada and Bingham Canyon in the USA. It is one of the few known examples of porphyry mineralisation in the

Appalachian/Caledonide belt, an important mineral belt extending from Georgia in the USA through

Newfoundland in Canada, into Ireland and Scotland and finally Greenland and Norway. The belt is known for its

base metal production from Volcanogenic Massive Sulphide (VMS) deposits such as the Bathurst and Buchans

district in Canada and is also an emerging gold district with new discoveries in Newfoundland in Canada and

Northern Ireland. The only significant porphyry production being restricted to the Gaspe porphyry deposit in

Quebec Canada.

Lagalochan was discovered in the 1980’s by BP minerals. The Company acquired its interest in Lagalochan, along

with the Knapdale property which includes the Stronchullin orogenic gold occurrence and the Gossan Burn

copper gold occurrence, when the Company completed its acquisition of UK company Western Gold Exploration

Limited and its subsidiary Lorne Resources Ltd. in October 2020. Surface dimensions of the 0.1% grade contour

for the stockwork zone are 450x 250m oval body steeply plunging to NE to a depth of at least 500 vertical metres.

The stockwork zone is transected by a NE trending intensely phyllic carbonate altered porphyry breccia zone

which is locally associated with higher gold grades and is destructive of primary copper mineralisation.

About Western Gold Exploration Ltd.

The Company is a mineral exploration company that is listed on the TSX Venture Exchange under the symbol

“WGLD”. The Company is focused on the exploration of mineral properties in Western Scotland and discovering

new opportunities in the Dalradian Belt, targeting historic gold-silver and copper-lead mines in the belt with the

potential to develop a mineral resource. Prospects include the Stronchullin gold lead mine, Gossan Burn and Allt

Dearg, which are all located in the Knapdale Project area.

In the Kilmelford area the Company has a copper gold porphyry prospect within the Lagalochan intrusive breccia

complex. First explored by BP minerals in the 1980’s the area has seen little work since. The Lagalochan porphyry

system is a copper gold porphyry stock with minor molybdenum associated and represents one of the few

examples of mineralised porphyry intrusive within the Appalachian/Dalradian terranes. Lower temperature zinc

lead bearing shears and epithermal gold bearing vein systems are also noted in the area. Gold rich skarn

mineralisation has also been rock-chipped in outcropping carbonate rocks bordering the intrusive complex.

Additional information about the Company is available on SEDAR at www.sedar.com under the Company’s

profile.

For further information, please contact:

Ross McLellan, CEO

Phone: +44 7779 161441

Email: [email protected]

Website: www.westerngoldexploration.com

Review by Qualified Person, Qualify Control and Reports

David Pym (CGeol), a consultant of the Company, is the Qualified Person (as defined by National Instrument 43-

101) who supervised, verified and approved the scientific and technical disclosure in this press release on behalf

of the Company. Verification included checking a proportion of the reported assays (excluding historical) in the

Company database against the issued laboratory assay certificates. In addition, verification has included checking

the location and orientation of the drill collars in the Company database against historic maps and reports.

Neither the Company nor the Qualified Person can at this time independently verify the historical 1984-1985 drill

results on Lagalochan (see Appendix 1 below), including the procedures used for sample collection and analysis.

Therefore, readers are encouraged to exercise appropriate caution when evaluating historical drill results.

Historical drill holes may be considered useful for exploration purposes but not for resource classification.

QA/QC and Core Sampling Protocols

Drill core by Lorne Resources (now a subsidiary of the Company) from its historic drilling (see Appendix 1 below),

was logged and sampled in a secure core storage facility located near Oban, Scotland. Core samples from the

program were cut in half, using a diamond cutting saw, and were sent to OMAC Laboratories Limited in Galway,

Ireland (ALS Loughrea; accredited to 170025:2005). This lab is an independent, accredited third-party chemical

or spectral testing laboratories. Security measures were taken to ensure the validity and integrity of

rock/core/sediment/soil samples taken. All samples were analysed for gold using Fire Assay-AA techniques

(method gold-AA23). Samples returning over 10.0 g/t gold were analysed utilising Fire Assay-Gravimetric

methods (gold-GRA21). As part of the Company’s quality control/quality assurance program (QA/QC), certified

reference standards or blanks were routinely inserted into the sample stream every 20th sample (5%). No QAQC

issues were noted with the results reported herein.

QAQC procedures for the historic 1984-85 drilling could not be verified.

CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS

This press release includes certain "forward-looking statements" under applicable Canadian securities legislation.

Forward looking statements include, but are not limited to, statements with respect to those that address

potential quantity and/or grade of minerals, potential for minerals and/or mineral resources, timing and plans

for any exploratory drilling and statements regarding the plans, intentions, beliefs, and current expectations of

the Company with respect to the future business activities and operating performance of the Company that may

be described herein. Forward-looking statements consist of statements that are not purely historical, including

any statements regarding beliefs, plans, expectations, or intentions regarding the future. Such information can

generally be identified by the use of forward-looking wording such as “may”, “expect”, “estimate”, “anticipate”,

“intend”, “believe” and “continue” or the negative thereof or similar variations. Readers are cautioned not to

place undue reliance on forward-looking statements, as there can be no assurance that the plans, intentions or

expectations upon which they are based will occur.

By their nature, forward-looking statements involve numerous assumptions, known and unknown risks and

uncertainties, both general and specific, that contribute to the possibility that the predictions, estimates,

forecasts, projections and other forward-looking statements will not occur. These assumptions, risks and - 5 -

uncertainties include, among other things, the state of the economy in general and capital markets in particular,

as well as those risk factors discussed or referred to in the Company's Management's Discussion and Analysis for

the year ended December 31, 2020 available at www.sedar.com, many of which are beyond the control of the

Company. Forward-looking statements contained in this press release are expressly qualified by this cautionary

statement.

The forward-looking statements contained in this press release are made as of the date of this press release.

Except as required by law, the Company disclaims any intention and assumes no obligation to update or revise

any forward-looking statements, whether as a result of new information, future events or otherwise. Additionally,

the Company undertakes no obligation to comment on the expectations of, or statements made by, third parties

in respect of the matters discussed above.

Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of

the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

APPENDIX 1

Table 1: Significant intersections from historical drilling*

*Intersections are downhole intersections. Using a 0.1% Cu cutoff and 10% internal dilution. Estimated true

widths vary from 20-60% of downhole intersect length. Cu % metres is calculated as copper grade x interval

thickness, only intersections with a Cu% metre value >= 2 are displayed here. Drillhole collar locations are listed

in Table 2 below.

HoleID From To Interval_length Au g/t Ag g/t Cu ppm Mo ppm Cu % metres

LD13-1 5 211 206 0.11 3.53 1680 98 34.6

LD13-1A 2 539 537 0.10 2.58 1775 73 95.3

LD13-2 17 98.8 81.8 0.11 2.14 1100 31 9.0

LD13-2 219.55 447 227.45 0.14 2.33 1669 24 38.0

LD13-3 65.7 82.05 16.35 0.58 3.22 1229 11 2.0

LD13-3 132 275.1 143.1 0.08 2.59 1314 41 18.8

LD13-3 383.2 426.6 43.4 0.09 1.35 1204 59 5.2

LD18-4 3 533.5 530.5 0.11 2.67 1676 68 88.9

LD18-4 620.25 638.25 18 0.03 1.20 1593 26 2.9

LD18-6 186.2 241.5 55.3 0.10 4.10 1236 55 6.8

LD84-1 38.54 144.77 106.23 0.23 3.93 1016 5 10.8

LD84-1 146.77 241.41 94.64 0.16 2.98 1576 11 14.9

LD84-3 0 155.69 155.69 0.22 3.90 1417 37 22.1

LD84-8 2 105.3 103.3 0.18 3.85 1769 23 18.3

LD84-9 1.34 130.05 128.71 0.10 2.01 1494 49 19.2

LD84-15 1.88 294.35 292.47 0.12 3.62 1961 47 57.4

LD84-20 177.55 223.3 45.75 0.14 4.19 1039 11 4.8

LD84-22 115 198.2 83.2 0.10 2.28 1211 45 10.1

LD84-34 107 176 69 0.37 3.61 1478 0 10.2

Table 2: Collar Locations, coordinates are in the British National Grid System

Hole Easting Northing Elevation length(m) Azimuth Dip Company Year

LD13-1 187753 712253 170 260.5 20 -75 Lorne Resources 2013

LD13-1A 187753.5 712254 170 539 23.9 -66.3 Lorne Resources 2013

LD13-2 187592 712421 195 449.5 50 -70 Lorne Resources 2013

LD13-3 187708 712481 215 464.5 271 -70 Lorne Resources 2013

LD18-4 187771 712395 228 699 155 -80 Lorne Resources 2019

LD18-6 187719 712425 206 242 338 -50 Lorne Resources 2019

GD18-1 187110 712263 246 443.5 259 -50 Lorne Resources 2019

LG-1 187687 712505 211 126.7 155 -45 RTZ 1985

LG-2 187615 712490 210 97.9 60 -45 RTZ 1985

LG-3 187740 712530 210 125.4 155 -45 RTZ 1985

LD84-1 187737.11 712379.36 222 241.41 0 -90 BP Minerals 1984

LD84-2 187609.07 711846.37 243.2 192.62 350 -86 BP Minerals 1984

LD84-3 187800.11 712378.36 220.5 155.69 300 -70 BP Minerals 1984

LD84-4 187577.17 711898.36 230 199.49 301 -74 BP Minerals 1984

LD84-5 187652.04 712343.36 201.3 221.6 66 -70 BP Minerals 1984

LD84-6 188027.88 712262.37 145.7 216.33 90 -65 BP Minerals 1984

LD84-7 187662.65 712142.36 186.7 221.16 248 -70 BP Minerals 1984

LD84-8 187632 712450 205 109.12 49 -65 BP Minerals 1984

LD84-9 187600 712427 194 132.87 270 -65 BP Minerals 1984

LD84-10 187486.66 712146.36 199.5 151.6 180 -60 BP Minerals 1984

LD84-11 187683.48 712054.37 188.5 196 202.5 -60 BP Minerals 1984

LD84-12 187603.84 712241.36 179.4 313.74 30 -60 BP Minerals 1984

LD84-13 187608.84 712238.36 179 249.75 147 -60 BP Minerals 1984

LD84-14 187978.06 712353.36 149.8 205.78 292 -70 BP Minerals 1984

LD84-15 187781 712262 179 294.35 22 -60 BP Minerals 1984

LD84-16 188071.07 711848.36 157.4 202.3 68 -60 BP Minerals 1984

LD84-17 188214.36 711989.13 169.2 133.7 45 -60 BP Minerals 1984

LD84-18 188442.44 712549.36 219.8 201.5 115 -60 BP Minerals 1984

LD84-19 187831.43 712032.36 183 199.9 225 -60 BP Minerals 1984

LD84-20 187584.19 712419.36 199.8 223.3 105 -55 BP Minerals 1984

LD84-21 187902.61 712631.36 222.2 186.2 315 -60 BP Minerals 1984

LD84-22 187874.32 712491.36 212.4 198.2 225 -60 BP Minerals 1984

LD84-23 187641.63 712645.37 230.5 209.9 245 -50 BP Minerals 1984

LD84-24 187550.34 711983.37 219.2 195.55 135 -55 BP Minerals 1984

LD84-25 187606.48 712059.36 203.6 200.8 295 -55 BP Minerals 1985

LD84-26 188209.26 711992.93 168 96.56 360 -70 BP Minerals 1985

LD84-27 188198.59 712003.29 168 101.9 135 -60 BP Minerals 1985

LD84-28 188317.51 712057.34 175.6 21.9 180 -60 BP Minerals 1985

LD84-29 188236.61 712123.38 165 106.5 180 -60 BP Minerals 1985

LD84-30 188142.42 712023.36 170 100.2 45 -60 BP Minerals 1985

LD84-31 188142.42 712023.36 170 99.07 180 -60 BP Minerals 1985

LD84-32 188292.23 711923.36 188.3 102.22 45 -60 BP Minerals 1985

LD84-33 188170.23 711928.36 172 106.53 44 -60 BP Minerals 1985

LD84-34 187706.33 712495.71 211 185.95 15 -70 BP Minerals 1985

LD84-35 186584.76 712684.99 170 91.2 170 -60 BP Minerals 1985

LD84-36 186836.67 712631.91 192 99.84 346 -54 BP Minerals 1985

LD84-37 188225.69 711874.82 181 199.6 23 -48 BP Minerals 1985