Westward Gold Identifies Deep Magnetic Feature in Footwall of Hilltop Corridor & Consolidates Additional Land at the Toiyabe Hills Property, Nevada

Executive Summary

• Drone magnetic survey identified a deep‑seated igneous stock (“Threemile Stock”) near the northern boundary of Westward’s Toiyabe Hills property, a feature associated with Carlin‑type gold systems.
• The company promptly staked 168 additional unpatented mining claims, expanding its contiguous land position to ~84 km² (1,015 claims) covering the newly interpreted intrusion and adjacent targets.
• Planned follow‑up work includes a step‑out drone magnetic survey, gravity survey, systematic soil/rock sampling, and detailed mapping to further define the intrusion’s geometry and assess gold potential at priority zones (SSD Zone, Campfire).

Key Details

• Survey Execution: 2025 property‑wide drone magnetic survey conducted by MWH Geo‑Surveys (50 m line spacing, ~48 m altitude); data processed by J.L. Wright Geophysics.
• Geophysical Findings:
• Interpreted deep‑seated igneous stock (“Threemile Stock”) beneath the footwall of the north‑south “Hilltop Corridor”.
• Associated dike swarms vector toward the stock, mirroring structures in major Nevada Carlin gold camps (Goldstrike, Pipeline, Cortez).
• Residual magnetic analysis revealed linear magnetic highs (dikes) and an east‑west intrusive response near planned 2026 drill targets (SSD Zone, Campfire).
• Land Expansion:
• Staked 168 unpatented BLM mining claims, bringing total contiguous holdings to 1,015 claims (~84 km²).
• New claims contain historic prospects, legacy drilling of a colour anomaly, and surface exposures (road cuts, trenches) that facilitate future exploration.
• Future Exploration Program:
• Immediate step‑out drone magnetic survey to refine intrusion dimensions.
• Gravity survey to complement magnetic dataset.
• Systematic soil and rock‑chip sampling, Anaconda‑style geological and alteration mapping.
• Targeting lower‑plate carbonate rocks (Paleozoic limestones) at shallow depth for Carlin‑type gold potential.
• Management Commentary: CEO Colin Moore and Chairman Dr. Quinton Hennigh highlighted the significance of the intrusion discovery and its implications for advancing the Toiyabe Hills project.
• Qualified Person: Robert Edie, VP Exploration (NI 43‑101 Qualified Person).

Notable Quotes

“We have the ground all the way up to the southern edge of the Caetano, and now we have evidence of an intrusion in that neighbourhood… the recognition that we made here is going to make the Company going forward.” – Dr. Quinton Hennigh, Chairman

Materiality Assessment: Material – Positive (the discovery of a Carlin‑type associated igneous feature and immediate land expansion materially enhance Westward Gold’s exploration upside).