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Western Exploration Reports Significant Resource Increase at Aura Project

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Western Exploration Reports Significant Resource Increase at Aura Project

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The latest announcement is out from Western Exploration Inc ( (TSE:WEX) ).

Western Exploration Inc. has filed a technical report for its Aura Gold-Silver Project, highlighting significant increases in inferred mineral resources at the Gravel Creek site, with gold ounces rising by 56% and silver by 83%. The report also includes a positive preliminary economic assessment for the Doby George deposits, projecting substantial profit margins and a swift payback period, which could enhance the company’s market position and stakeholder value.

The most recent analyst rating on (TSE:WEX) stock is a Buy with a C$2.67 price target. To see the full list of analyst forecasts on Western Exploration Inc stock, see the TSE:WEX Stock Forecast page.

More about Western Exploration Inc

Western Exploration Inc. operates in the mining industry, focusing on the exploration and development of gold and silver projects. The company is primarily engaged in advancing its Aura Gold-Silver Project located in Elko County, Nevada.

Average Trading Volume: 63,984

Technical Sentiment Signal: Sell

Current Market Cap: C$29.99M

For an in-depth examination of WEX stock, go to TipRanks’ Overview page.

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