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Westward Gold Provides Update on 2025 Drilling Campaign at Campfire Target Complex

Source: TheNewsWire

(TheNewswire)

CF25-02demonstrated vertically-extensive alteration – namelydecalcification – and tested the entirety of the Wenban Formationand the majority of the Roberts Mountains Formation, the two mostproductive stratigraphic horizons in the district

The first threeholes of the campaign have confirmed that lower-plate strata canroutinely be reached over the Campfire Target Complex – andtherefore a significant portion of the greater Toiyabe Hills Property– with cost-effective reverse-circulation drilling

Hole CF25-02 wascollared in favourable carbonate stratigraphy (which CF25-01 reachedat 70m depth) within the up-plunge expression of the CampfireAnticline; CF25-03 was collared down-plunge to the northeast of thefirst two holes

Vancouver, British Columbia – TheNewswire - August 11, 2025 – Westward Gold Inc. (CSE: WG, OTCQB: WGLIF, FSE:IM50) ( “Westward” or the “Company” ) is pleased toprovide an update on its 2025 drilling campaign, currently underway atits flagship Toiyabe Hills Property in Lander County, Nevada ( “Toiyabe Hills” , or the “Property” ). Westward is testingits high-priority Campfire Target Complex ( “Campfire” ) with approximately5,000 metres (~16,500 feet) of reverse-circulation ( “RC” ) drilling (see press release date July 8, 2025, foradditional details) . To date, three holes have been completed(combined depth of 2,251 m) with samples for the first two sent toParagon Geochemical Services Inc. ( “Paragon” ) for gold and multi-element analysis (CF25-03samples are awaiting imminent delivery). CF25-02 was selected as thefirst hole to undergo detailed logging of RC chips and is described infurther detail herein. Hole CF25-04 was recently initiated anddrilling at a depth of 244m as of the evening of August 10th; seeFigure 1 below for a map of completed and in-progress holes atCampfire.

Figure 1: Completed & In-ProgressDrilling – Campfire Target, Toiyabe Hills

Lessons learned during the drilling of CF25-01 enabled the Company topush CF25-02 and CF25-03 to significant depths; as a result, CF25-02became the first hole ever at Toiyabe Hills to test the RobertsMountains Formation, an important gold-hosting horizon at nearby minesand major deposits. Based on detailed logging of RC chips, the contactbetween the Roberts Mountains and the Wenban Formation was estimatedat approximately 1,840’ / 560m depth. With CF25-02, the extensivedecalcification mapped at surface is now confirmed down-section inboth the Wenban and Roberts Mountains Formations – with 13 loggedintervals of moderate to strongly-decalcified lower-plate rocksranging in thickness from 20’ (6.1m) to 310’ (94.5m). The Companyalso observed eight zones of intrusive rocks, confirming that theintermediate to mafic (lamprophyre) dikes observed at surface are alsopresent at depth in CF25-02 (see Figure 2 below).

Figure 2: CF25-02 StratigraphicColumn w/ Observed Alteration & Intrusive Rocks


Click Image To View Full Size

Steven Koehler, Westward Technical Advisor, commented: “The 2024Anaconda-style geological mapping provided much-needed surfaceinformation regarding the hydrothermal system, structure and hostrocks – the three critical ingredients required for a compellinggold target at Toiyabe Hills. Mapping identified thenortheast-plunging, igneous dike-filled Campfire Anticline and avariety of stratigraphic and structural target opportunities – theCampfire Target Complex – in the anticline. Westward’s 2025 Phase1 drilling campaign began at the up-plunge expression of theanticline, where surface exposures of decalcified Wenban Formationlimestone crop out. Drill hole CF25-02 intersected multiple zones ofaltered igneous dikes and vertically-extensive zones ofdecalcification at depth in the favorable Wenban and Roberts MountainsFormations. It’s a rare day in Nevada to confirm these downholegeological patterns in an underexplored gold system so close to themajor Cortez camp. Drilling to date reinforces my confidence in ourinitial interpretations that Campfire is an expansive Carlin-typehydrothermal system both in plan and in the third dimension atdepth.”

Based on detailed logging, the Company has interpreted that CF25-02was near the Roberts Mountains / Hanson Creek formational contact whenthe hole was completed. This interpretation was supported by i) adistinct increase in dolomite content as the hole approached itsultimate depth, and ii) the documented thickness of the RobertsMountains Formation in the district. CF25-03, the first hole of theprogram to test the down-plunge expression of the Campfire Anticlinewhere it intersects coincident geophysical anomalies, was collared inupper-plate siliciclastic rocks. Based on preliminary logging at thedrill rig, Westward estimates that the hole pierced into the WenbanFormation at a depth of 1,005’ / 306m. This represents a significantpositive development in the early stages of the campaign: confirmationthat lower-plate host rock strata can routinely be reached with RCdrilling across the Campfire Complex, and moreover – over a largeextent of the ~61 square kilometer Property as a whole. This alsoeffectively demonstrates that surface anomalies observed inupper-plate rocks can be chased at depth into favourable carbonaterocks with relative ease.

Quality Assurance / Quality Control(“QA/QC”)

The Company is implementing a best-practices QA/QCprogram during its 2025 drilling campaign. All sampling is beingconducted under the supervision of the Company’s Vice PresidentExploration and/or members of its technical team, and the chain ofcustody from the Property to the sample preparation facility is beingcontinuously monitored. Samples are being transported directly fromthe field to Paragon’s facility located at 1555 Industrial Way,Sparks, NV, 89431. Samples are dried at 100 degrees Celsius, crushedto 70% passing 10-mesh, riffle split 250 grams, and pulverized to 85%passing 200-mesh. Fire assay and multi-element analysis will becompleted at the same location. RC samples are being collected infive-foot intervals. Certified standards and blanks are being insertedevery 65 feet / 13 samples for a frequency of 8% or greater. Rigduplicates, coarse duplicates, and pulp duplicates are being collectedor created every 250 feet respectively for a sample frequency of 2%each. Standards and blanks were sourced from MEG LLC of Lamoille, NV.All samples will be analyzed for gold and 35 additional elements.Assays will consist of fire assays (Au-FA30) for gold, and aqua regia/ ICP-OES (35AR-OES) for multi-element geochemistry. Drill-holedeviation for the submitted holes was measured by gyroscopic down-holesurveys with tooling provided by REFLEX of Elko, NV. The deviationsurveys provide accurate data about the true inclination and azimuthof the holes. Obtaining an accurate survey of the drillholes leads toa better contextual understanding of the RC samples, and a more robust3D geological model.

Qualified Person

The technical information contained in this news release was reviewedand approved by Robert Edie, Vice President Exploration of theCompany, who is a Qualified Person under National Instrument 43-101– Standards of Disclosure forMineral Projects. Mr. Edie is a Certified ProfessionalGeologist (CPG) through the American Institute of ProfessionalGeologists (AIPG).

About Westward Gold

Westward Gold is a mineral exploration company focused on developingthe Toiyabe Hills Project located in the Cortez Hills area of LanderCounty, Nevada, and the Coyote and Rossi Projects located along theCarlin Trend in Elko County, Nevada. From time to time, the Companymay also evaluate the acquisition of other mineral exploration assetsand opportunities.

For further information contact:

Andrew Nelson
Chief Financial Officer
Westward Gold Inc.
+1 (604) 828-7027

andrew@westwardgold.com

www.westwardgold.com

The Canadian Securities Exchange hasneither approved nor disapproved the contents of this news release.The Canadian Securities Exchange does not accept responsibility forthe adequacy or accuracy of this news release.

This news release contains orincorporates by reference “forward-looking statements” and“forward-looking information” as defined under applicable Canadiansecurities legislation. All statements, other than statements ofhistorical fact, which address events, results, outcomes, ordevelopments that the Company expects to occur are, or may be deemed,to be, forward-looking statements. Forward-looking statements aregenerally, but not always, identified by the use of forward-lookingterminology such as "expect", "believe","anticipate", "intend", "estimate”,“potential”, “on track”, “forecast","budget", “target”, “outlook”, “continue”,“plan” or variations of such words and phrases and similarexpressions or statements that certain actions, events or results“may”, “could”, “would”, “might” or “will” betaken, occur or be achieved or the negative connotation of suchterms.

Such statements include, but may notbe limited to, information as to strategy, plans or future financialor operating performance, such as the Company’s expansion plans,project timelines, expected drilling targets and assay timelines, andother statements that express management’s expectations or estimatesof future plans and performance.

Forward-looking statements orinformation are subject to a variety of known and unknown risks,uncertainties and other factors that could cause actual events orresults to differ from those reflected in the forward-lookingstatements or information, including, without limitation, the need foradditional capital by the Company through financings, and the riskthat such funds may not be raised; the speculative nature ofexploration and the stages of the Company’s properties; the effectof changes in commodity prices; regulatory risks that development ofthe Company’s material properties will not be acceptable for social,environmental or other reasons, availability of equipment (includingdrills) and personnel to carry out work programs, that each stage ofwork will be completed within expected time frames, that currentgeological models and interpretations prove correct, the results ofongoing work programs may lead to a change of exploration priorities,and the efforts and abilities of the senior management team. This listis not exhaustive of the factors that may affect any of theCompany’s forward-looking statements or information. These and otherfactors may cause the Company to change its exploration and workprograms, not proceed with work programs, or change the timing ororder of planned work programs. Additional risk factors and detailswith respect to risk factors that may affect the Company’s abilityto achieve the expectations set forth in the forward-lookingstatements contained in this news release are set out in theCompany’s latest management discussion and analysis under “Risksand Uncertainties”, which is available under the Company’s SEDAR+profile at www.sedarplus.ca. Although the Company has attempted toidentify important factors that could cause actual results to differmaterially, there may be other factors that cause results not to be asanticipated, estimated, described or intended. Accordingly, readersshould not place undue reliance on forward-looking statements orinformation. The Company’s forward-looking statements andinformation are based on the assumptions, beliefs, expectations, andopinions of management as of the date of this press release, and otherthan as required by applicable securities laws, the Company does notassume any obligation to update forward-looking statements andinformation if circumstances or management’s assumptions, beliefs,expectations or opinions should change, or changes in any other eventsaffecting such statements or information.

Copyright (c) 2025 TheNewswire - All rights reserved.

Westward Gold Inc.

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