Western Exploration Reports $70M NPV Gold Project Economic Assessment in Nevada

Several mining companies have reported significant progress and promising results in gold exploration projects across North America and Mexico. Western Exploration announced a preliminary economic assessment for its Doby George project in Nevada, highlighting strong economic potential with a base case after-tax NPV of $70.7 million and an IRR of 25.4%, emphasizing low capital costs and rapid payback. Freegold Ventures released final drill results from its Golden Summit project, confirming higher-grade mineralization and ongoing metallurgical testing to optimize gold recovery ahead of a planned Pre-Feasibility Study. Eminent Gold completed additional drill holes at its Hot Springs Range project in Nevada, showing geological continuity and strong gold grades, supported by recent investment from Kinross Gold. Questcorp Mining signed an option agreement to acquire the La Union carbonate replacement deposit project in Sonora, Mexico, with a technical report confirming the project's advancement potential in a mineral-rich region. Flagship Minerals reported encouraging drill results and metallurgical testwork at its Pantanillo project in Chile, indicating high gold recoveries and potential for low-cost heap leaching operations, with further testing planned to optimize processing and economics.