Western Gold Exploration Ltd has started inaugural diamond drilling, initially focused on the Glen Lyon joint venture licence, at the Caledonian gold project in the Scottish Highlands. PROSPECTS The company holds 90% of Glen Lyon and nearby Cononish gold-silver mine owner Acrux Gold holding 10%. Western will drill test three high-grade gold prospects of Creag […]
Tag: Acrux Gold Ltd
WGE positive on Caledonian sampling gold results
Western Gold Exploration Ltd’s latest sampling results continue to build a “compelling picture of an emerging gold district” at the Caledonian gold joint venture project in central Scotland. PROSPECTS The JV with Acrux Gold Ltd, which owns the Cononish gold mine in Argyll, holds two Crown Estate Mines Royal Option applications, of Lyon and Orchy, covering […]
WGE- Acrux to explore Caledonian gold project
Western Gold Exploration Ltd has agreed a joint venture with the owner of the Cononish mine to explore for precious metals and critical minerals in the Caledonian gold project in central Scotland. TERMS The company’s subsidiary, Lorne Resources Ltd, and Acrux Gold Ltd signed a shareholder agreement on 25 November 2025 to create Glen Lyon […]
New name for Cononish gold mine owner
South African owner of the Cononish gold mine, located in the Loch Lomond & Trossachs National Park, has changed its name from Acrux Holdings Ltd to Acrux Gold Ltd. Part of the Acrux Resources, the group includes Acrux Sorting Technologies which made a strategic investment in the mine, previously owned by Scotgold Resources Ltd. Operations […]