Announcement Date: 2022-10-18
Announcement Type: Drilling Results
Announcement Code: NI43-101
Company name: Westward Gold Inc
Project name: Toiyabe
Location: United States
Commodities: Gold
Highlight: Drilling results incl. 42.7m at 1.37g/t Au from 266.7m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: Vancouver, British Columbia, October 18, 2022 – Westward Gold Inc. (CSE: WG, OTCQB: WGLIF, FSE: IM50) (“Westward” or the “Company”) is pleased to announce results from the Company’s inaugural drilling campaign at its flagship Toiyabe Project in Lander County, Nevada (“Toiyabe”). In total, the Company completed ~3,850 meters of reverse-circulation (“RC”) drilling across 13 vertical holes and 3 main target zones, all of which were outside of the footprint of the historical resource estimate at Toiyabe (~173 koz at 1.2 g Au/t)(1) (the “Historical Estimate”). See Figure 1 below for collar locations of all the drillholes completed in Westward’s 2022 campaign. Dave Browning, Westward’s Vice-President Exploration, noted: “Our drill location selection for this campaign was ambitious and included significant step-outs, testing blind targets. Confirmation and expansion of the SSD Zone represents a measurable improvement of our understanding of mineralization at the property, and opens up an abundance of near-term follow-up targets. The vast majority of legacy drilling was shallow, and this thick zone of mineralized material was only encountered in six previous holes.”
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