This website (this "Site") is owned and operated by Western Exploration Inc. All references to "we", "us", "our", the "Company", or "Western Exploration" herein refer to Western Exploration Inc. and/or one or more or all of its affiliates, as may be applicable in the circumstances. By using this Site, you agree to the following terms and conditions of use.

This Site is purely a public resource of general information about Western Exploration. Although we intend that the information on our Site is correct, we do not represent or guarantee the accuracy, adequacy or completeness of any of the information, its fitness for any particular purpose, or this Site's freedom from harmful viruses, files or other components. The facts and information provided on this Site are for informational purposes only. Users should not rely on information on this Site for any purpose other than for gaining general knowledge of Western Exploration. Material in our Site may be changed or updated from time to time without notice.

By using this Site, you agree that neither we nor any of our associates nor any other party involved in creating, producing or delivering this Site, shall be liable in any manner whatsoever for any direct, indirect, incidental, consequential, or punitive damages, losses, liabilities, expenses or costs of whatsoever nature, arising from or attributable to anyone having access to, or using, or not being able to use, this Site or any other website which is hyperlinked to this Site.

Caution Regarding Forward-Looking Statements

The information contained on this Site should not be construed as a prospectus, a formal support to any capital raising activity or as an invitation to invest or otherwise deal in the shares or other securities or instruments of Western Exploration or any of its associates.

This Site contains "forward-looking statements" within the meaning of applicable Canadian securities legislation, concerning the business, operations and financial performance and condition of Western Exploration. All statements on this Site, other than statements of historical fact, that address events or developments that Western Exploration expects to occur, are "forward-looking statements". "Forward-looking statements" are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential", "scheduled" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur and include, without limitation, any statements regarding the performance of the assets of Western Exploration, the potential of Western Exploration, future price of gold and silver, the timing and amount of estimated future production, costs of production, currency fluctuations, capital expenditures, permitting timelines, the requirements of future capital, drill results and the estimation of mineral resources and reserves.

Western Exploration believes that the expectations expressed in "forward-looking statements" contained on this Site are based on reasonable assumptions. However, such "forward-looking statements" are not guarantees of future performance and actual results may differ materially from any such "forward-looking statements". No assurance can be given that these expectations will prove to be correct and "forward-looking statements" contained on this Site should not be relied upon. Factors that could cause the actual results to differ materially from those in "forward-looking statements" include, without limitation, (i) fluctuations in precious metal prices, (ii) events and occurrences affecting any royalty interest from time to time held or granted by Western Exploration, (iii) the performance of Western Exploration's mineral projects, (iv) events and occurrences affecting Western Exploration's ability to engage and retain skilled personnel, (v) results of mining operation, (vi) the progress and results exploration and development activities, (vii) uninsured or uninsurable risks, (viii) regulatory changes, (ix) defects in title, (x) changes affecting materials and equipment, (xi) timeliness of government or court approvals, (xii) actual performance of facilities, equipment and processes relative to specifications and expectations, (xiii) unanticipated environmental impacts on operations, (xiv) the continued availability of capital and financing, (xv) the ability of exploration (including drilling) to accurately predict mineralization, (xvi) management's geological modelling, and (xvii) general economic, market or business conditions.

The foregoing factors are not exhaustive. Many factors, known and unknown, could cause the actual results to be materially different from those expressed or implied by "forward-looking statements" contained on this Site. For additional information with respect to these and other factors and assumptions underlying the forward-looking statements, please refer to the recent public filings of Western Exploration filed with the Canadian securities commissions and available electronically on SEDAR ( under Western Exploration's issuer profile.

Investors and others who consider the "forward-looking statements" contained on this Site should carefully review the above factors as well as the uncertainties they represent and the risk they entail. Moreover, these "forward-looking statements" may not be suitable for establishing strategic priorities and objectives, future strategies or actions, financial objectives and projections other than those mentioned above. The "forward-looking statements" contained on this Site are expressly qualified by this cautionary statement. Western Exploration undertakes no obligation to publicly update or revise any such "forward-looking statements", whether as a result of new information, future events or otherwise, other than as required by applicable law.

Trademarks and Copyright

Certain names, graphics, logos, icons, designs, words, titles or phrases on this website may constitute trade names or trademarks of Western Exploration. The display of any trade mark does not imply that a license of any kind to use the trade mark has been granted. All information found in the pages of this Site is protected under the copyright laws of Canada and in other countries. Unless otherwise specified, no user has permission to copy, redistribute, reproduce or republish, in any form, any information found in the pages of this Site. Any user who, without authorization, re-transmits, copies or modifies any trademarks may violate federal or common law trade mark and/or copyright law, and may be subject to legal action.

Scientific and Technical Information and Disclosure of Mineral Reserves and Mineral Resources

All scientific and technical information about Western Exploration's mineral properties provided on this Site has been prepared under the supervision of and verified and approved for disclosure by Mr. Darcy Marud, the Chief Executive Officer of Western Exploration, who is a "qualified person" within the meaning of National Instrument 43-101 – Standards of Disclosure for Mineral Projects. Any such technical information is not intended to be complete or exhaustive, and is qualified in its entirety by the public filings of Western Exploration in respect of the relevant mineral property filed with the Canadian securities commissions and available electronically on SEDAR ( under Western Exploration's issuer profile.

Users of this Site are advised that under National Instrument 43-101 – Standards of Disclosure for Mineral Projects, Canadian securities law requires that each category of mineral reserve and mineral resource be reported separately. Users should consult Western Exploration's public filings in order to obtain this information in detail, which are available electronically on SEDAR ( under Western Exploration's issuer profile.

Currency and Accuracy of Site

Western Exploration regularly updates the information on this Site. However, this information does not constitute a comprehensive picture of Western Exploration's business and is presented without any form of representation, guarantee or promise, expressed or implied, as to its accuracy, completeness or timely update. In this regard, Western Exploration expressly revokes any responsibility of guarantees, expressed or implied, including and without limitation to, any guarantee of quality or compliance, in respect to any end result.

Material on this Site may contain inaccuracies, omissions or typographical errors, for which Western Exploration assumes no responsibility. In no event shall Western Exploration, its directors, officers, employees, representatives and advisers, be held liable or responsible for any claim or damage, direct or indirect, special or consequential, incurred by the user arising out of the interpretation, reliance upon or other use of the information contained on the pages of this Site.

Stock Quotes

Trading and stock data is provided by for information purposes only, and is not intended for trading purposes. Western Exploration shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon. Quotes are delayed by 15+ minutes.

Third Party Websites

This Site contains links to websites owned or operated by other third parties which are not associated or affiliated with Western Exploration. These links are provided solely as a convenience to you and the inclusion of any link does not imply endorsement, investigation or verification by Western Exploration of the linked website or information contained therein or of their security or privacy practices. Western Exploration shall not be responsible for the content of any other linked websites and makes no representation or warranty regarding any other websites or the contents on such websites. If you decide to access any such liked websites, you do so at your own risk and agree to indemnify and hold Western Exploration harmless from any costs or liabilities incurred. Framing of this Site or any of its content in any form and by any method is strictly prohibited. This Site may display content or pages of third party websites. Western Exploration undertakes no responsibility to ensure that any third party content or pages on this Site is up-to-date or accurate.


In general, you may visit this Site without providing any personal information. However, in order to benefit from certain features of this Site, you may need to provide certain personal information. As an example, we may in some circumstances request that you voluntarily provide us with your name, email address, and/or postal address so that we may communicate with you and send notices and updates about our business and performance, including when we post news releases or new content on this Site. You may unsubscribe from these messages at any time by using the unsubscribe feature in the message (if provided) or by contacting us as described below.

When you browse this Site, you do so anonymously, and Western Exploration does not collect personal information. However, Western Exploration uses cookies and other tracking technologies to collect and maintain statistics relating to this Site, including the number and frequency of visits, the average length of visits and which pages are viewed during a visit as well as the types of browsers and the Internet Protocol Addresses of visitors' computers. This information does not identify any user of the Site as an individual, but only the device that such user is using to view this Site and their approximate geographic location. This information is used to analyze and improve our Site content and performance. Users may be able to set their browser to reject cookies, or to be notified when a cookie is set. If a user chooses to reject cookies, some areas of this Site may not function properly.

We share personal information with third parties (including affiliates acting in this capacity) that perform services on our behalf, such as information technology, data hosting, analytics, graphic design, video production, and email services provider or similar services, or that otherwise to collect, use, disclose, store or process personal information on our behalf for the purposes described in this statement. These third parties may be located in Canada and the U.S. and your personal information may be processed in these countries for the purposes described in this statement. Any reasonable contractual or other measures we may take to protect your personal information while processed or handled by these third parties may be subject to applicable foreign legal requirements, for example lawful requirements to disclose personal information to government authorities in those countries.

Personal information may also be used and disclosed to parties connected with the proposed or actual financing, securitization, insuring, sale, assignment or other disposal of all or part of our business or assets, for the purposes of evaluating and/or performing any such proposed transaction. Our assignees or successors may also use and disclose your personal information for similar purposes as those described in this statement.

By voluntarily providing your email address and other personal information, you acknowledge and consent to our collection and use of such personal information for the aforesaid purposes and for such other purposes with your consent or as permitted or required by law.

Western Exploration takes reasonable steps to protect your personal information using physical, electronic and procedural security measures appropriate to the sensitivity of the information in our custody or control, which may include safeguards to protect against loss or theft, as well as unauthorized access, disclosure, copying, use or modification. Authorized employees, agents and mandataries will have access to your personal information as necessary to fulfil their job requirements.

The file containing your personal information will be maintained on our servers or those of our service providers and will be accessible at our offices. You may request access to or correction of your personal information, or make other inquires about our personal information handling practices, by writing to Nichole Cowles, Investor Relations at Your right to access or correct your personal information is subject to applicable legal restrictions. We may take reasonable steps to verify your identity before granting access or making corrections.

We may revise this privacy statement from time to time. If we intend to use or disclose personal information for purposes materially different than those described in this statement, we will make reasonable efforts to notify affected individuals, if necessary, including by revising this privacy statement. We encourage you to visit this Site frequently to obtain the current version of the privacy statement. By continuing to access this Site or provide personal information following any changes to this privacy statement, you agree to accept any such changes. This statement is effective as of January 31, 2022.