Westward Gold Intersects 10.7m of 0.94 g Au/t, including 3.1m of 2.50 g Au/t in framework drilling at the Campfire Target Complex, Toiyabe Hills Property, Nevada

Executive Summary

• Westward Gold reports significant new gold intercepts from RC drill holes CF25‑03 and CF25‑04 at the Campfire target on its Toiyabe Hills Property, including a 10.7 m interval averaging 0.94 g/t Au (with 3.1 m @ 2.50 g/t Au).
• Geochemical signatures (elevated As, Sb, Hg) confirm Carlin‑type alteration and a vertically extensive hydrothermal system, indicating the presence of a new gold zone.
• The Phase 1 framework drilling program has now completed 7,090 m across 11 holes, with 59 % of metres in favorable lower‑plate carbonate rocks and drilling costs below budget (US$64/ft).

Key Details

• Hole CF25‑04: 10.7 m @ 0.94 g/t Au (including 3.1 m @ 2.50 g/t Au) from 463.3–474.0 m depth; intersected decalcified, quartz‑veined silty limestone of the Wenban Formation with elevated As, Sb, Hg.
• Hole CF25‑03: 3.1 m @ 0.67 g/t Au from 602.0–605.0 m depth; similar alteration and trace‑element signature.
• A 132 m shear zone (567–700 m) with pervasive decalcification, quartz veining, oxidation, and sulfides was intersected, resembling blind compressional structures that host Carlin‑type deposits in the Cortez District.
• Nine of eleven holes intersected favorable lower‑plate carbonate rocks at a cost of US$64/ft, below budget. Eight of ten upper‑plate collared holes reached lower‑plate targets shallower than expected.
• Overall drilling confirms a fully preserved, lower‑plate hosted Carlin‑type system extending ~1.6 km × 1.0 km; the hydrothermal cell remains open in all directions and at depth.
• Phase 2 (2026) drill campaign is being planned to target higher‑grade intersections using the newly built subsurface geological model.
• Difficult drilling conditions caused incomplete sampling or early termination in holes CF25‑01, ‑03, ‑05, ‑06, ‑09 and ‑09A.

Notable Quotes

“As I was scrolling down the CF25‑04 assay report, what really caught my attention was a 39‑metre zone … containing elevated gold, arsenic, antimony and mercury… This is precisely what we’ve been hoping to see at this early stage: geochemical evidence of a system that can produce both tonnage and grade.” – Kelly Cluer, Director

All forward‑looking statements are subject to risks and uncertainties as described in the release.