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Trinity Financing Investments Hosts Investor Dinner Featuring Western Exploration (TSXV: WEX.V | OTC: WEXPF)

Sep 21, 2025

5 min read


We had the pleasure of hosting Western Exploration for dinner in September. CEO Darcy Marud shared the company’s vision for advancing high grade gold and silver exploration in Nevada, with a focus on building a US based development pipeline anchored by its flagship Aura Project. Western Exploration enters the second half of 2025 with strong momentum, advancing work across the project’s three defined deposits: Doby George, Gravel Creek, and Wood Gulch. The company has already established a significant resource base, with indicated resources of approximately 610,000 ounces of gold and 3.3 million ounces of silver, and inferred resources of approximately 708,000 ounces of gold and 10.2 million ounces of silver. Doby George, a near surface oxide gold deposit, shows favorable metallurgy and potential for fast tracked development. Gravel Creek recently reported a 54 percent increase in inferred gold equivalent resources, driven by high grade vein discoveries, while Wood Gulch adds further upside potential as drilling continues along the Tomasina Fault zone. Together, these deposits provide multiple shots on goal spanning near term development and longer term high grade exploration. Key growth drivers for the remainder of 2025 include executing a fully funded 4,000 meter drill program at Aura, expanding high grade zones down dip and along strike at Gravel Creek, advancing permitting and environmental baseline studies at Doby George, refining economic parameters through an updated PEA, and unlocking further value across the broader Aura land package. The company benefits from Nevada’s mining friendly jurisdiction, established infrastructure, and an experienced leadership team. With these advantages, Western Exploration is well positioned to create value for shareholders while maintaining strong leverage to rising gold and silver prices as it moves the Aura Project toward economic evaluation.
We had the pleasure of hosting Western Exploration for dinner in September. CEO Darcy Marud shared the company’s vision for advancing high grade gold and silver exploration in Nevada, with a focus on building a US based development pipeline anchored by its flagship Aura Project. Western Exploration enters the second half of 2025 with strong momentum, advancing work across the project’s three defined deposits: Doby George, Gravel Creek, and Wood Gulch. The company has already established a significant resource base, with indicated resources of approximately 610,000 ounces of gold and 3.3 million ounces of silver, and inferred resources of approximately 708,000 ounces of gold and 10.2 million ounces of silver. Doby George, a near surface oxide gold deposit, shows favorable metallurgy and potential for fast tracked development. Gravel Creek recently reported a 54 percent increase in inferred gold equivalent resources, driven by high grade vein discoveries, while Wood Gulch adds further upside potential as drilling continues along the Tomasina Fault zone. Together, these deposits provide multiple shots on goal spanning near term development and longer term high grade exploration. Key growth drivers for the remainder of 2025 include executing a fully funded 4,000 meter drill program at Aura, expanding high grade zones down dip and along strike at Gravel Creek, advancing permitting and environmental baseline studies at Doby George, refining economic parameters through an updated PEA, and unlocking further value across the broader Aura land package. The company benefits from Nevada’s mining friendly jurisdiction, established infrastructure, and an experienced leadership team. With these advantages, Western Exploration is well positioned to create value for shareholders while maintaining strong leverage to rising gold and silver prices as it moves the Aura Project toward economic evaluation.



Western Exploration: Advancing High Grade Gold and Silver Discovery at Aura


Market Focus

Western Exploration Inc. (TSXV: WEX) is a US based precious metals exploration and development company focused on advancing high grade gold and silver projects in Nevada. Its flagship asset, the Aura Project, spans more than 60 square kilometers in the prolific Elko district and is rapidly emerging as a multi deposit development story. With gold and silver demand supported by both monetary and industrial drivers, Western Exploration is targeting resource expansion, near term production opportunities, and new discovery upside across its land package.


Platform and Strategy

Western Exploration’s approach integrates systematic exploration, resource growth, permitting, and technical de-risking. Key elements include:

  • Advancing the Doby George deposit, a near surface oxide gold system with favorable metallurgy and potential for low cost, near term development

  • Expanding high grade gold equivalent resources at Gravel Creek, which recently recorded a 54 percent increase in inferred ounces from new vein discoveries

  • Continuing step out and exploration drilling along the Tomasina Fault zone near Wood Gulch to define additional mineralized structures

  • Maintaining strong community and regulatory engagement in Nevada, one of the world’s most mining friendly jurisdictions


Recent Progress and Growth

Western Exploration enters the second half of 2025 with solid momentum:

  • Indicated resources of approximately 610,000 ounces of gold and 3.3 million ounces of silver, and inferred resources of approximately 708,000 ounces of gold and 10.2 million ounces of silver across the Aura Project

  • A fully funded 4,000 meter drill program underway targeting new high grade shoots at Gravel Creek and Wood Gulch

  • Favorable baseline studies and permitting advancement at Doby George to support economic evaluation and potential development

  • Updated resource growth at Gravel Creek, confirming higher grade mineralization and continuity at depth and along strike


Partnerships and Strategic Positioning

The Aura Project benefits from excellent infrastructure including road access, power, and water, positioning Western Exploration as one of the few junior explorers with near term development and long term discovery potential in the United States. The company’s strategy is to combine oxide gold development at Doby George with the high grade upside at Gravel Creek and Wood Gulch, creating a diversified growth platform.


Leadership and Capital Markets Strategy

Western Exploration is led by CEO Darcy Marud, supported by a management team with extensive experience in US precious metals exploration and development. The company is listed on the TSXV, providing exposure to global capital markets. Its leadership combines technical expertise, operational execution, and capital markets experience to advance Aura toward production while continuing to unlock exploration value.


Near Term Catalysts

  • Execution of the 2025 drill program at Aura with results expected throughout the year

  • Continued expansion of high grade zones at Gravel Creek and Wood Gulch

  • Advancement of permitting and environmental studies at Doby George to support development planning

  • Economic evaluation updates and refinement of project economics for Doby George


Conclusion

Western Exploration offers investors a compelling opportunity in high grade gold and silver exploration. With a large, well located project in Nevada, a fully funded drill program, and significant recent resource growth, the company is positioned to deliver both near term development progress and long term discovery upside. These strengths place Western Exploration as a unique junior in the US market with leverage to rising precious metals prices and multiple value creation pathways.


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For additional info or to schedule a call, feel free to reach out.


Jimmy Lederer

Vice President

Trinity Financing Investments Corporation

Phone: 347-514-0000

Email: jimmy@trinityfinancinginvestments.com

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Sep 21, 2025

5 min read

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