Westward Gold Announces Additional Drilling Results & Completion of Field Activities at the Campfire Target Complex, Toiyabe Hills Property, Nevada

Executive Summary

• Westward Gold completed its Phase I framework RC drilling campaign at the Campfire Target Complex (7,163 m in 11 holes), confirming a vertically‑extensive Carlin‑type hydrothermal system and a new gold zone that remains open in all directions.
• Hole CF25‑07 intersected a notable 3.1 m interval grading 0.80 g Au/t, the strongest Carlin‑type alteration observed to date at Campfire, providing a key vector for future Phase II drilling.
• The campaign was executed cost‑effectively (≈US$230 / m) and 57 % of the drill length intersected favourable lower‑plate carbonate formations; pending assays are expected for holes CF25‑08 to CF25‑10.

Key Details

• Drilling Scope: 7,163 m RC drilling across 11 vertical holes (≈500–700 m collar spacing); 43 % above the original 5,000 m target.
• Cost Efficiency: Direct drilling cost ≈ US$230 per metre (US$70 per foot).
• Geology & Alteration:
• 57 % of drill length in lower‑plate carbonate rocks (Wenban & Roberts Mountains Formations).
• Vertically extensive decalcification and sulfidized igneous dikes observed in all nine holes testing lower‑plate strata.
• Hornfelsing (thermal alteration) documented, with quartz hornfels in the upper plate and calc‑silicate hornfels in the lower plate—key Carlin‑type indicators.
• Key Intercepts:
• CF25‑07: 3.1 m @ 0.80 g Au/t (245.4–248.4 m depth), plus additional sub‑intervals (e.g., 3.1 m @ 0.21 g Au/t, 1.5 m @ 0.19 g Au/t).
• CF25‑05: 4.6 m @ 0.17 g Au/t within a 80‑m thick decalcified zone near the Roberts Mountains Thrust.
• CF25‑04: 10.7 m @ 0.94 g Au/t (463.3–474.0 m).
• Pending Results: Assays for holes CF25‑08, CF25‑09, CF25‑09A, and CF25‑10 are still outstanding (samples sent to Paragon Geochemical Services).
• Drilling Depths: Deepest hole CF25‑10 reached 915.9 m (3,005 ft).
• QA/QC Program: Full chain‑of‑custody monitoring; fire assay + multi‑element analysis; standards/blanks every 13 samples (≥8 % frequency); duplicates collected at ≥6 % frequency.
• Future Plans: Early-stage target definition for Phase II drilling in 2026 is underway, focusing on higher‑grade zones identified as vectoring targets from Phase I results.

Notable Quotes

“This initial Phase I program has demonstrated the outsized scale potential of this target area… We continue to intersect elevated Carlin‑type gold along with pathfinder trace elements… This is an ideal set‑up for a Phase II program, where we can begin to target the more concentrated mineralized zones that turn discoveries into economic deposits.” – Colin Moore, President & CEO

All non‑material boilerplate and forward‑looking disclaimer text have been omitted.