Western Gold Announces Appointment Of John Thomson To Board Of Directors Grant Of Options

(MENAFN- Newsfile Corp) Western Gold Announces Appointment of John Thomson to Board of Directors; Grant of Options

June 01, 2026 7:45 AM EDT | Source: Western Gold Exploration Ltd.

North Berwick, Scotland--(Newsfile Corp. - June 1, 2026) - WESTERN GOLD EXPLORATION LTD. (TSXV: WGLD) (the " Company ") is pleased to announce that John Thomson has been appointed to its Board of Directors, effective May 29, 2026, subject to acceptance by the TSX Venture Exchange.

"We are delighted to welcome John to the board. He was an integral part of the team that built Kirkland Lake Gold, and, as a born-and-bred Scotsman, he is perfectly positioned to support the Western Gold team," commented Harry Dobson, Chairman.

Mr. Thomson was the former CFO of Kirkland Lake Gold during its important years of strategic exploration investment and growth. He lives in Scotland and is therefore well placed to support the Company's operations through his local network and relationships.

In addition, the Company announces the grant of incentive stock options to Mr. Thomson to acquire a total of 500,000 common shares of the Company at an exercise price of $0.335 per share. The options vest immediately. The options expire five years from the date of grant. The grant of the stock options is subject to approval by the TSX Venture Exchange.

About Western Gold Exploration

The Company is a mineral exploration company that is listed on the TSX Venture Exchange under the symbol "WGLD". The Company is focused on the exploration of gold, silver and critical minerals in Scotland.

In November 2025, WGLD formed the Glen Lyon Joint Venture with Acrux Gold Limited to explore for gold, silver, and critical minerals as part of the Caledonian Gold Project in central Scotland. The JV has applied for two Crown Estates Mines Royal Option Agreements (exploration licences) across the Tyndrum Mineral District, specifically the Orchy and Lyon licence areas, which form the Caledonian Gold Project. The Company also operates at the Lorne Project, which includes both Lagalochan and Ardlochan prospects, and are located in the highly prospective Lorne Porphyry District of the wider Caledonian belt.

MENAFN01062026004218003983ID1111193137