Western Exploration Outlines Proposed 2024 Exploration Program at Gravel Creek

Western Exploration Inc. (TSXV: WEX; OTCQX: WEXPF) (the "Company" or "Western Exploration") is pleased to announce details for our proposed 2024 resource expansion drilling, targeting the Jarbidge rhyolite east of the Gravel Creek resource area at the Company's wholly-owned Aura gold-silver project (the "Aura Project"). Please see attached PowerPoint for the noted Figures.

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Focus for 2024 Drill Program

• Assay results in combination with oriented core structural studies from 2023 drilling identified a significant North-South trending/moderately west dipping zone with multiple high-grade Au-Ag bearing quartz-pyrite-marcasite vein, stockwork and hydrothermal breccias, located 140 meters to 250 meters east/north-east of the Gravel Creek resource area (see Figure 1).
  • Multiple +20.0 g/t AuEq intercepts in two parallel vein zones and associated splay structures have been traced along a dip length of over 200 meters, with drill widths ranging from 0.3 to 4.6 meters and grades up to 257.0 g/t Au and 1,655.0 g/t Ag.
• Major Drilling Group International Inc. ("Major Drilling") has been contracted to supply two drills to complete a 4,000-meter oriented core drill program. Drilling will focus on bracketing the 2023 discovery section with 80-meter step out fence drilling on strike to the north and south, as well as 80 meters up dip. Site preparations will commence in mid-June with drilling commencing shortly thereafter.
• With confirmation of grade and structural trends, the Company anticipates that drilling can be expanded to link with other +5.0 g/t AuEq legacy drill intercepts within the Jarbidge rhyolite, located in an open-ended area of 550 meters by 350 meters in dimensions, covering a 615-m vertical range immediately east-northeast of the of the current Gravel Creek resource.

Significance of Results for Resource Expansion Potential

Western Exploration CEO Darcy Marud commented: "The structural interpretation based on 2023 oriented core results has provided a breakthrough that identifies significantly expanded resource potential in the Jarbidge rhyolite to the east/north-east of the current Gravel Creek resource area. The 2024 core drilling program will focus on extending vein zones intersected on the 'Discovery Section' with 80-meter step out holes, with the goal of expanding the Gravel Creek resource base. Longer term, the Company anticipates completing additional drilling to identify a link with multiple legacy intercepts in the high-grade Au-Ag vein zones in the Jarbidge rhyolite, which could significantly expand the Gravel Creek resource base."