Westward identifies deep igneous stock at Toiyabe Hills

Executive Summary

• Westward Gold Inc. identified a deep-seated igneous stock (the Threemile stock) in the footwall of the Hilltop Corridor at its Toiyabe Hills property in Nevada, based on a 2025 drone magnetic survey.
• The company expanded its land position by staking 168 new unpatented mining claims, bringing the total contiguous land package to 1,015 claims covering approximately 84 square kilometres.
• The discovery of the magnetic intrusion and associated dike swarms aligns with geological models for Carlin-style gold systems, prompting plans for further gravity surveys, sampling, and mapping in 2026.

Key Details

• Geophysical Discovery: A property-wide drone magnetic survey conducted by MWH Geo-Surveys International Inc. at 50-metre line spacings and an average altitude of 48 metres identified a complex magnetic landscape.
• Threemile Stock: The survey revealed a deep-seated igneous stock near the northern boundary of the Toiyabe Hills property, situated in the footwall of the district-scale north-south structural corridor (Hilltop corridor).
• Dike Swarms: The data highlighted major dike swarms vectoring toward the Threemile stock, suggesting a connected igneous centre at depth. These features are consistent with the structural settings of major Nevada gold camps like Goldstrike, Pipeline, and Cortez.
• Alteration Evidence: Previous observations of a thermal aureole, including hornfels alteration mapped at surface and logged in nearby drill holes, support the interpretation of the Threemile stock.
• Land Expansion: 168 unpatented mining claims administered by the U.S. Bureau of Land Management (BLM) were staked immediately following the survey results.
• Total Land Position: The company’s fully contiguous land position now comprises 1,015 claims covering approximately 84 square kilometres.
• Royalty Terms: The new claims are not subject to underlying royalties or obligations, except for annual maintenance fees payable to the BLM and Lander County.
• Future Exploration Plans:
  • A stepout drone magnetic survey to be completed imminently to define the dimensions of the Threemile stock.
  • A gravity survey to tie into current property-wide data.
  • Soil and rock-chip sampling programs.
  • Detailed Anaconda-style geologic and alteration mapping.
• Geological Context: The area is considered prospective for Carlin-type gold. The edge of the Caetano caldera is poorly understood but shows attractive exploration characteristics. Legacy samples indicate hornfels, calc-silicate alteration zones, and altered dikes. Historical mining prospects and legacy drilling of colour anomalies span Paleozoic sedimentary and Tertiary volcanic rocks.
• Qualified Person: Technical information was reviewed and approved by Mr. Robert Edie, Vice-President, Exploration, a Certified Professional Geologist (CPG).

Notable Quotes

• Dr. Quinton Hennigh (Chairman): "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. This is getting very interesting. If anything, I think the recent work we've done -- and the recognition that we made here -- is going to make the company going forward."