WGLD.V · 2021-09-10 12:00:00

Western GOLD R Eports Exploration Progress at Its Stronchullin Prospect IN the Knapdale District of Argyll, Scotland FOR IMM Ediate Release

Corporate Updates

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@westerngoldexploration.com

www.westerngoldexploration.com

TSX Venture: WGLD

WESTERN GOLD R

EPORTS EXPLORATION PROGRESS AT ITS STRONCHULLIN PROSPECT

IN THE KNAPDALE DISTRICT OF ARGYLL, SCOTLAND

For Imm

ediate Release

North Berwick, Scotland 10 September 2021

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

exploration update for its 2021 drilling program at its Stronchullin prospect, which is a sub‐property

located within the 3,253‐hectare Knapdale Property, in the K napdale District of Argyll, Scotland, that the

Company holds mineral mining rights and surface access rights within. This 2021 drilling program is a

follow up to scout drilling completed in 2017‐2018 and deep overburden (DOB) geochemical surveys

undertaken in 2020 (see the Company’s 2 December 2020 and 6 May 20 21 press releases).

Highlights of the 2021 drilling program (Tables 1 and 2)

 Intersection in SD20‐13 of 19.20 g/t gold + 1.19 g/t silver over 1.00m (true width ~0.80m) from 88.15m.

The area extending north of SD20‐13 for 250m towards hole SD20‐12 is still regarded as a prio rity area

for development of high‐grade quartz‐gold‐base metal veins with the highest ranked DOB gold and

base metal anomaly remaining untested.

 Extension of quartz‐gold‐base‐metal vein mineralisation from hole SD17‐6 to hole SD20‐14 was

confirmed with an intersection of 12.20 g/t gold + 20 .4 g/t silver accompanied by highly anomalous

base metal values over 1.00m (true width ~0.80m) from 56.90m. DOB sampling defined a subdued

gold‐bismuth anomaly which indicates a possible continuation of the vein system for 150‐200m south

of SD20‐14. Combined with 2017‐2018 drilling, 3 out of the 4 holes com pleted in the southern portion

of Stronchullin, SD17‐6, SD20‐13 and SD20‐14 intersected high grade (>10g/t) gold veins and the

potential strike length of the inferred contiguous mineralized vein system south from hole SD20‐12 is

approximately 900m.

 Drilling to date in the immediate vicinity of the histo ric Stronchullin gold mine has confirmed continuity

of the lode structure over a strike length of 100m and over a 100m vertical interval, however gold and

base metal mineralization is erratically developed.

The results help support the Company’s understanding of the Knapdale area. It now intends to review all

e Stronchullin data from the current and previous campaigns, including from the recent geochemical

surveys. Once this has been completed, it will update shareholders with future activities at its adjacent

Gossan Burn prospects within the Knapdale Property.

Significant assay results are presented in Table 1 below.

Table 1: Significant Drilling Intersections from the 2021 Drilling Program – Applying a 1g/t Au cutoff

Hole No From To Interval True

Width Au g/t Ag g/t Cu

ppm

SD20‐8 112.0m 114.0m 2.00m 1.70m 2.08 0.17 28 138 187 14 0.6

1 38.45 139.7m 1.25m 1.06m 4.63 14.3 1190 2910 188 73 161

SD20‐10 51.80m 52.40m 0.60m 0.51m 1.50 1.32 9 3930 3160 79 958

61. 65m 62.15m 0.50m 0.43m 1.20 1.61 167 1960 2750 61 269

SD20‐11 103.0m 104.5m 1.50m 1.28m 1.21 1.49 19 2040 463 100 321

SD20‐12 31.60m 32.40m 0.80m 0.68m 2.85 0.48 13 54 14 288 21

81. 00m 82.00m 1.00m 0.85m 4.06 7.61 2030 15450 4750 15 3.5

SD20‐13 88.15m 89.15m 1.00m 0.85m 19.20 1.19 60 721 152 104 25

SD20‐14 56.90m 57.90m 1.00m 0.85m 12.20 20.4 485 13000 1740 53 412

91. 00m 92.40m 1.40m 1.19m 1.59 7.64 41 1460 47 55 614

A de

tailed map setting out assay results can be accessed here: Knapdale Gold Project Drilling Q2 2021

ble 2: Drill Hole Coordinates

Hole ID Easting Northing Elevation Azimuth Dip Depth (m)

SD20‐7 1 84371 678977 70 110 ‐ 50 89.50

SD20‐8 1 84295 678965 78 100 ‐ 45 146.10

SD20‐9 1 84432 679087 47 100 ‐ 54 158.50

SD20‐10 1 84415 679130 44 90 ‐52 2 00.00

SD20‐11 1 84396 679191 42 90 ‐50 2 02.95

SD20‐12 1 84314 678931 81 110 ‐ 45 185.45

SD20‐13 1 84215 678700 86 90 ‐50 2 03.05

SD20‐14 1 84052 678250 117 100 ‐ 45 169.00

NOTE: Coordinates are Ordnance Survey of Great Britain OSGB36 Datum and British National Grid

Projection.

Diamond Drilling

Drilling concentrated over a 500m strike extension of the main lode structure in the vicinity of the

historic Stronchullin gold mine. Holes SD20‐9, 10 and 11 intersected the main lode and footwall

structures at their predicted positions although gold and base metal values were a magnitude lower than

those previously intersected in holes SD17‐2 and SD17‐3. There is a direct relationship between base

metal content and elevated gold values at the Stronchullin mine. The northern extension of the

Stronchullin lode structure to the north of Stronchullin Burn as indicated by the DOB geochemical survey

was also confirmed by hole SD20‐11.

Holes SD20‐7, 8, 12

, 13 and 14 were drilled along an 800m strike extension southward from the historic

mining area, testing strong coincident gold‐bismuth‐lead DOB anomalies to confirm continuity along strike

from the high grade intercept previously reported in hole SD17‐3. Significant intercepts were reported in

hole SD20‐14 (1. 00m @ 12.20 g/t Au + 20.4 g/t Ag from 56.90m) and hole SD20‐13 (1.00m @ 19.20 g/t Au

+ 1.19 g/t Ag from 88.15m).

The stratigraphy in the mine area southward to hole SD20‐14 is now well defined and the sub‐surface

geometry of the Upp er Erins Quartzite Formation and the black graphitic phyllite member of the

Stronchullin Phyllite Formation are reasonably well constrained which will enable deeper drilling to more

accurately target auriferous quartz veins within preferred host rocks.

Review by Qualified Person, Quality Assurance and Quality Control

Mr. Patrick Waters, Consultant Professional Geologist is the Q ualified Person as defined by National

Instruction 43‐101, responsible for the accuracy of scientific and technical information in this news

release.

Drill cores were geologically and geotechnically logged, photographed, split by core saw and sampled

under the supervision of the Company’s geologists. Half core of mineralised intersections wa s submitted

to ALS Geochemistry’s laboratory at Loughrea in Ireland for analysis of gold, base metals and a suite of

trace elements. All assays were conducted on intervals of split core, on average 1m in length. Quality

control was monitored by incorporation of assay standards and duplicates.

All analytical work ha s been completed at the ALS Geochemistry laboratory facility in Loughrea, Ireland.

ALS Geochemistry is an internationally accredited lab and are ISO compliant (ISO 9001:2008,

ISO/IEC17025:2005). All drill core is prepared using the PREP 31B method and analyzed for gold using the

Au‐AA23 procedure (30gm fire assay with AAS finish: Lower De tection Limit 0.005ppm gold; Upper

Detection Limit – 10ppm gold). Any samples that returned over‐limit values (>10ppm gold) were analyzed

by the Au‐AA25 Fire Assay procedure (0.01‐100ppm gold). All drill core samples are analyzed for silver,

base metals and a comprehensive trace element suite using the ME‐MS61 L™ method following a four‐

acid digest.

Commercially available OREAS Certified Reference Materials and Blanks are routinely inserted into sample

dispatches approximately every 25 samples. ALS Geochemistry also has its own QA/QC protocol using

standards, blanks and duplicates.

About Western Gold Exploration

The Company is a mineral exploration company that is listed on the TS X 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 resour ce. Prospects include the Stronchullin

mine, Gossan Burn and Allt Dearg which are all located in the Knapdale Project area.

Additional information about the Company is available on the Company’s website

(www.westerngoldexploration.com) or under the Company’s SEDAR profile at www.sedar.com, including

the Company’s “NI 43‐101 Technical Report, Geological Introduction to Knapdale Gold‐Silver Project,

Scotland” with an effective date of 12 June, 2020.

For further information, please contact:

Ross McLellan, CEO

Phone: +44 7813 726523

Email: [email protected]

Website: www.westerngoldexploration.com

CAUTIONARY NOTE REGARDING FORWARD‐LOOKING STATEMENTS

This news 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 exploration results and the analysis of those exploration results, 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 forwarding‐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 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.

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