# Western Exploration Files NI 43-101 Technical Report for the Aura Gold Silver Project Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/western-exploration-files-ni-43-101-technical-report-for-the-aura-gold-silver-pr--9e5b2f18-0775-44cd-8686-e8b35ea3f86e Original source: https://money.tmx.com/en/quote/WEX/news/6165812328347762/western-exploration-files-ni-43-101-technical-report-for-the-aura-gold-silver-pr Publisher: tmx Original announcement: 2025-06-25T11:00:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: Western Exploration Inc. - Ticker: WEX - Exchange: TSX - Region: Nevada - Primary commodity: Gold - Secondary commodities: Silver - Document categories: Resource update, Other - Extracted: 2026-09-15 07:11:22 UTC Narrative sentiment: 0.80 · Bullish ## Minestarters Atlas summary Western Exploration has filed a NI 43-101 Technical Report covering the Aura Gold-Silver Project in Nevada. The report highlights a significant increase in inferred gold and silver resources at the Gravel Creek deposits and presents a positive Preliminary Economic Assessment for the Doby George deposit. Reasoning: The document reports a significant increase in inferred gold and silver resources at Gravel Creek and provides a positive PEA for the Doby George deposit. - Positive factor: Significant increase in gold and silver ounces in the inferred category - Positive factor: High-grade vein discovery contributing to resource growth - Positive factor: Positive PEA economics for Doby George deposit - Positive factor: NI 43-101 compliant technical report filed Facts used in scoring: 4 ## Classification and evidence **Tonnage Growth** Polarity: positive Definition: Tonnage increase reaching the strong tier vs prior estimate, with grade maintained or improved. Why it applies: Inferred gold ounces increased by 56% and silver ounces by 83% at Gravel Creek. Evidence · text > representing a 56%\* increase in ounces of gold and an 83%\* increase in ounces of silver **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: The technical report was prepared in accordance with NI 43-101 standards. Evidence · text > prepared in accordance with National Instrument 43-101 **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: Mr. Michael S. Lindholm, C.P.G. is named as the Qualified Person for the MRE. Evidence · text > prepared for Western Exploration by Mr. Michael S. Lindholm, C.P.G. of RESPEC... who is a qualified person ## Extracted facts Stored fact records: 4. Some facts used in scoring do not have a stored record. ## Resource Estimates (4) ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/western-exploration-files-ni-43-101-technical-report-for-the-aura-gold-silver-pr--9e5b2f18-0775-44cd-8686-e8b35ea3f86e#fact-resource-facts-0) Aura Gold-Silver Project · gold #### Identity - Project: Aura Gold-Silver Project - Commodity: gold - Region: usa\_nv - Reported Region: Nevada - Ticker: WEX #### Resource scope - Estimate type: resource - Effective date: 2025-06-17T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Michael S. Lindholm - Resource group id: resource:82e73b1148f7a5fbccb6 - Deposit or zone: Gravel Creek - Mining method: open\_pit - Ownership percent: 100 % #### Resource Data - Category: inferred - Contained Metal: 571000 - Contained Unit: ounces au - Cutoff Grade: 3 - Cutoff Unit: g AuEq/t #### Prior Estimate - Resource Date: 2025-06-17 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-06-25T00:00:00.000Z Reasoning: Significant increase in gold ounces in the inferred category. - Positive factor: 56% increase in gold ounces Evidence · text > Increased ounces of gold in the inferred mineral resource category from 367,000 ounces Au to 571,000 ounces Au #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/western-exploration-files-ni-43-101-technical-report-for-the-aura-gold-silver-pr--9e5b2f18-0775-44cd-8686-e8b35ea3f86e#fact-resource-facts-1) Aura Gold-Silver Project · silver #### Identity - Project: Aura Gold-Silver Project - Commodity: silver - Region: usa\_nv - Reported Region: Nevada - Ticker: WEX #### Resource scope - Estimate type: resource - Effective date: 2025-06-17T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Michael S. Lindholm - Resource group id: resource:82e73b1148f7a5fbccb6 - Deposit or zone: Gravel Creek - Mining method: open\_pit - Ownership percent: 100 % #### Resource Data - Category: inferred - Contained Metal: 9726000 - Contained Unit: ounces ag - Cutoff Grade: 3 - Cutoff Unit: g AuEq/t #### Prior Estimate - Resource Date: 2025-06-17 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-06-25T00:00:00.000Z Reasoning: Significant increase in silver ounces in the inferred category. - Positive factor: 83% increase in silver ounces Evidence · text > Increased ounces of silver in the inferred mineral resource category from 5,307,000 ounces Ag to 9,726,000 ounces Ag #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/western-exploration-files-ni-43-101-technical-report-for-the-aura-gold-silver-pr--9e5b2f18-0775-44cd-8686-e8b35ea3f86e#fact-resource-facts-2) Aura Gold-Silver Project · gold #### Identity - Project: Aura Gold-Silver Project - Commodity: gold - Region: usa\_nv - Reported Region: Nevada - Ticker: WEX #### Resource scope - Estimate type: resource - Effective date: 2025-06-17T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Michael S. Lindholm - Resource group id: resource:4390c2fa45d28d398b9d - Deposit or zone: Gravel Creek - Mining method: open\_pit - Ownership percent: 100 % #### Resource Data - Category: indicated - Contained Metal: 216000 - Contained Unit: ounces au - Cutoff Grade: 3 - Cutoff Unit: g AuEq/t #### Prior Estimate - Resource Date: 2025-06-17 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-06-25T00:00:00.000Z Reasoning: Indicated resource remained relatively constant. Evidence · text > Indicated gold equivalent grade... remained relatively constant... with 216,000 ounces Au #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/western-exploration-files-ni-43-101-technical-report-for-the-aura-gold-silver-pr--9e5b2f18-0775-44cd-8686-e8b35ea3f86e#fact-resource-facts-3) Aura Gold-Silver Project · silver #### Identity - Project: Aura Gold-Silver Project - Commodity: silver - Region: usa\_nv - Reported Region: Nevada - Ticker: WEX #### Resource scope - Estimate type: resource - Effective date: 2025-06-17T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Michael S. Lindholm - Resource group id: resource:4390c2fa45d28d398b9d - Deposit or zone: Gravel Creek - Mining method: open\_pit - Ownership percent: 100 % #### Resource Data - Category: indicated - Contained Metal: 3367000 - Contained Unit: ounces ag - Cutoff Grade: 3 - Cutoff Unit: g AuEq/t #### Prior Estimate - Resource Date: 2025-06-17 #### Metal Equivalent - Assumptions Disclosed: Yes #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2025-06-25T00:00:00.000Z Reasoning: Indicated resource remained relatively constant. Evidence · text > 3,367,000 ounces Ag being reported in the current MRE #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ## How Atlas produces this analysis Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.