Western Gold Exploration Ltd.
WGLD.V
Toronto Stock Exchange Ventures0.15
CAD
-0.05
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Western Gold Exploration Ltd.
WGLD.V
(Toronto Stock Exchange Ventures)
Recent
price
0.15
P/E
ratio
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div
yld
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ROIC.AI
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in mil. unless spec.- Similar Companies
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- Western Gold Exploration Ltd. is a Scotland-focused mineral exploration company that explores for gold, silver and critical minerals, with its headquarters in North Berwick, Scotland, and a corporate history that includes operations in Calgary; the company was formed to advance district-scale opportunities in the Caledonian–Appalachian Belt and is listed on the TSX Venture Exchange under the symbol WGLD. Its core assets are the Caledonian Gold Project, held through the Glen Lyon joint venture in which it holds a 90% interest and full operational control, and the Lorne Project, where it holds a dominant land position across the Lorne Porphyry district, including the Lagalochan copper-gold porphyry system and the Ardlochan prospect. The company’s exploration services and activities include district-scale prospect generation, licence application and land-access management, geological mapping, rock-chip, soil and drainage sampling, drill targeting, diamond drilling, and advancement of early-stage prospects toward maiden resource definition. In 2025, Western Gold formed the Glen Lyon joint venture with Acrux Gold Limited to explore the Caledonian Gold Project, including the Orchy and Lyon licence areas, and Acrux Gold owns and operates Scotland’s only producing gold and silver mine, Cononish. In 2026, the company secured an exclusive land access agreement with Forestry and Land Scotland for the Caledonian Gold Project, appointed John Thomson to its board and audit committee, began its maiden diamond drilling programme at Coire a’ Ghabhalach, and later reported completion of four holes totaling about 667 metres with drilling advancing to the Creag Sheileach prospect. Western Gold also reported high-grade surface sampling and fieldwork results during 2026, including visible-gold outcrop sampling and review of historic high-grade gold and silver data for its Orchy licence application, underscoring an active shift from generative exploration toward systematic drilling and target advancement.