Western Gold Exploration Ltd. · TSXV:WGLD
Western Gold Exploration — Investor Presentation (December 2025)
18 slides from Western Gold Exploration's investor presentation, December 2025
Slide 1: Investor Presentation
INVESTOR PRESENTATION Exploring Scotland For Gold And Minerals Critical To A Sustainable Future
Slide 2: Disclaimer
DISCLAIMER CAUTIONARY STATEMENT This Presentation (the “Presentation”) and its contents are the property of Western Gold Exploration Ltd. (“WGLD” or the “Company”). This Presentation contains certain forward-looking statements or “forward-looking information” within the meaning of applicable securit
Slide 3: Western Gold Exploration: Founding & Capital Structure
WESTERN GOLD EXPLORATION: FOUNDING & CAPITAL STRUCTURE CAPITAL STRUCTURE ❖ Following on from Dobson Group successes at Kirkland Lake Gold – Ontario, and As 24 November 2025 Rupert Resources - Finland, Western Gold Exploration Limited (WGLD) was launched in 2018 to target exploration opportunities in
Slide 4: Board of Directors & Management
BOARD OF DIRECTORS & MANAGEMENT Chairman and Founder INVESTING IN A PROVEN TRACK RECORD Over 30 years international experience as a Mining Harry Executive in Canada, Ireland, UK and Australia. Dobson Involved in the development of companies including Kirkland Lake Gold Inc, Rupert Resources, and Mou
Slide 5: The United Kingdom (UK) – A Stable Jurisdiction for Exploration & Mining
THE UNITED KINGDOM (UK) – A STABLE JURISDICTION FOR EXPLORATION & MINING ❖ UK OPEN TO MINING WITH A POSITIVE PERMITING ENVIROMENT • The UK hosts 28 active mines extracting 12 different minerals • Acrux Gold recently purchased the Cononish Gold Mine in Scotland and are taking it out of care and maint
Slide 6: Part of the Economically Significant Caledonian Belt
PART OF THE ECONOMICALLY SIGNIFICANT CALEDONIAN BELT ❖ PART OF THE UNDER-EXPLORED CALEDONIAN BELT ❖ Scotland the birthplace of geology as a science, but widely ignored by economic exploration despite hosting all the key components for discovery ❖ GEOLOGICALLY EQUIVALENT TO MAJOR PRODUCING TERRANES ❖
Slide 7: WGLD Projects: Scotland's Most Prospective Exploration Ground
WGLD PROJECTS: SCOTLANDS MOST PROSPECTIVE EXPLORATION GROUND ❖ THE INVERLIEVER CROWN LICENCE (1) COVERS THE 100% WGLD OWNED LORNE CU-AU PORPHYRY PROJECT ❖ Lagalochan and Ardlochan porphyry centres host Copper – Gold stockwork and breccia mineralisation to significant depth ❖ THE GLEN ORCHY (2) AND L
Slide 8: The Lorne Project: An Underexplored Copper-Gold System of Scale
THE LORNE PROJECT: AN UNDEREXPLORED COPPER - GOLD SYSTEM OF SCALE • The Lorne Project is a belt of Cu-Au porphyries located 20km south of Oban on the west coast of Scotland comprising the Lagalochan and Ardlochan prospects • At Lagalochan Cu-Au stockwork mineralisation extends over 500m vertically a
Slide 9: Caledonian Gold Joint Venture
CALEDONIAN GOLD JOINT VENTURE ❖ WGLD’s wholly owned subsidiary: Lorne Resources Limited, has entered into a joint venture agreement with Acrux Gold Limited (Acrux Gold), a subsidiary of Acrux Resources Limited, on the Caledonian Gold Project area to explore for gold, silver and critical minerals as
Slide 10: Caledonian Gold Joint Venture: The Tyndrum Mineral District
CALEDONIAN GOLD JOINT VENTURE: THE TYNDRUM MINERAL DISTRICT • The Tyndrum district has a long history of mining with lead mines commercially exploited from their discovery in 1741 up until 1928 • The Tyndrum Mineral District hosts a wide variety of precious and base metal mineralisation including: •
Slide 11: The Cononish Gold Mine
THE CONONISH GOLD MINE ❖ Scotland’s first commercial gold mine: • Acquired by the Company’s JV partner Acrux Gold Plc in 2025 ❖ Mineral Resource Estimate (MRE) of 266 koz Au and c. 1.1 Moz Ag * ❖ 617kt @ 13.4 g/t Au ❖ Lode-gold deposit with ore contained within a near vertical, 1 – 6m wide quartz-su
Slide 12: Exploration Timeline
EXPLORATION TIMELINE 12 TSXV: WGLD
Slide 13: Caledonian Gold Joint Venture: Glen Orchy & Lyon Crown Licence Applications
CALEDONIAN GOLD JOINT VENTURE: GLEN ORCHY & LYON CROWN LICENCE APPLICATIONS ❖ Glen Orchy was the focus of limited historic exploration by Ennex in the 1980s and SGZ in the 2010s. A limited number of the abundant quartz veins discovered have been drill tested: • The River Vein (RV) is a c. 0.5 m quar
Slide 14: Caledonian Gold Joint Venture: WGLD Exploration Plans
CALEDONIAN GOLD JOINT VENTURE: WGLD EXPLORATION PLANS ❖ Review of historic data received as part of the Glen Lyon joint venture with Acrux Gold ❖ Conduct soil sampling aimed at defining the extent of mineralised veins beneath cover at several key prospects ❖ Regional panned concentrate sampling in a
Slide 15: WGLD: The Technical Team
WGLD: THE TECHNICAL TEAM ❖ David Pym leads the geology team and is a Chartered Geologist with over 30 years of international experience in the mining industry, with roles ranging from Exploration Geologist to President and CEO of a listed company that successfully made the transition from an explora
Slide 16: Concluding Remarks
CONCLUDING REMARKS ❖ JOINT VENTURE AGREEMENT WITH ACRUX GOLD THE NEW OPERATOR OF THE CONONISH MINE ❖ TWO NEW HIGHLY PROSPECTIVE CROWN LICENCE APPLICATIONS WITH ABUNDANT HIGH-GRADE GOLD SHOWINGS ❖ WHOLLY OWNED LORNE PROJECT IS FIRST AND ONLY COPPER-GOLD PORPHYRY SYSTEM IDENTIFIED IN SCOTLAND ❖ EXPLOR
Slide 17: Environmental, Social & Governance
ENVIRONMENTAL, SOCIAL & GOVERNANCE Western Gold Exploration Ltd will always endeavour to uphold the following standards: • Comply with all applicable Environmental Legislation • Only use contractors with appropriate ISO Environmental Management Certifications • Minimise greenhouse gas emissions and
Slide 18: Contacts
CONTACTS For further information, please contact: Head Office The Lighthouse, St Abbs Ross McLellan | +44 7779 161441 [email protected] Suite, Heugh Road, North Berwick East Lothian, Scotland EH39 5PX Rupert Williams | +44 7717 578865 [email protected] www.westerngoldexploration.
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