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

Source: TheNewsWire

(TheNewswire)

Framework drillinghas identified a fully-preserved, lower-plate-hosted, Carlin-type goldsystem over a plan extent of approximately 1.6km by 1.0km and open inall directions

Lower-plate hostrocks (notably the Wenban Formation) are reachable at relativelyshallow depths across the entirety of the target complex area testedto date

Initial5,000-metre goal will be exceeded based on lower-than-anticipateddrilling costs; assays received for two holes with four pending in laband one in progress

Vancouver, British Columbia, September 18, 2025 – TheNewswire - Westward Gold Inc. (CSE: WG, OTCQB:WGLIF, FSE: IM50) ( “Westward” or the “Company” ) is pleased toprovide an update on its ongoing 2025 drilling campaign – includingresults for two reverse-circulation ( “RC” ) drill holes (CF25-01 and CF25-02) – at itsflagship Toiyabe Hills Property in Lander County, Nevada ( “Toiyabe Hills” , or the “Property” ). Westward initiallyset out to test its high-priority Campfire Target Complex ( “Campfire” ) with approximately5,000 metres (~16,500 feet) of RC drilling (see press release date July 8, 2025, foradditional details) , however based on productivity and costs todate the Company expects to meaningfully exceed that metreage. Todate, 4,506m of RC drilling has been completed across seven drillholes (see Figure 1 below for a map of completed and in-progress holesat Campfire). Samples are being analyzed by Paragon GeochemicalServices Inc. ( “Paragon” )for gold and multi-element analysis.

The Phase 1 framework drilling program, with holes located at 500-700mcollar spacings, was designed to characterize large-scale gold systempatterns and answer key geological questions by: 1) determining thethird-dimension architecture of the favourable lower-plate carbonaterocks; 2) identifying vertically-extensive Carlin-type alteration inlower-plate carbonate rocks – namely decalcification – over alarge area; 3) confirming a Carlin-type gold and trace-elementsignature associated with the hydrothermal system; and 4) confirmingthe down-dip expression of an igneous dike-filled fault corridorwithin the Campfire Anticline.

Kelly Cluer, Director, noted “The drill chips we have logged so far,and the initial geochemical data released herein, indicate thatsuccess has been achieved. Ultimately, Phase I drilling was designedto set us up smartly, in a large new undrilled Carlin system, for afuture Phase II grade-hunting campaign. It’s still early days and weexpect forthcoming results to contribute greatly to our vectoringefforts.”

Roundtable video discussion available here:

Figure 1: Campfire Target Complex –Completed and In-Progress Drilling


Click Image To View Full Size

Key Drilling Highlights at theCampfire Complex:

  • All seven drill holes have intersected favourable lower-platecarbonate rocks, and the six holes collared in upper-plate rocksintersected the lower plate at shallower-than-predicted depths, and atcosts that are below budget (see Table 1). Vertically-extensivedecalcification – an alteration type characteristic of Carlin-typegold systems – and sulfidized igneous dikes have been observed inall holes. Approximately 68% of the Phase 1 drilling metreage has beenin favourable lower-plate rocks.

  • Drilling has confirmed a fully-preserved, lower-plate-hosted,Carlin-type gold system over a plan extent of approximately 1.6km by1.0km. The hydrothermal alteration cell at Campfire remains open inall directions and at depth.

  • Drill holes CF25-01 and CF25-02 intersected anomalous gold andCarlin-type trace element signatures – especially in decalcifiedcarbonate rocks of the Wenban and Roberts Mountains Formations – andproximal to sulfidized lamprophyre dikes. Gold and trace elementsignatures increase near the bottom of CF25-02.

  • Difficult drilling conditions were encountered in drill holes CF25-01,-03, -05, and -06 which resulted in either zones of no sample recoveryor holes being terminated prior to fully testing the intendedtarget.

  • Direct drilling costs have averaged US$61/ft (US$200/m), which isbelow Westward’s original budget. Due to these cost savings, Phase 1drill metreage will exceed the original 5,000m estimate.

Table 1: Campfire Target Complex –Drill Hole Table


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Gold intervalsreported in this table were calculated using a 1.00 g Au/tcutoff

Figures 2 and 3 below clearly show the Carlin-suite gold andpathfinder elements associated with the more strongly-altered anddike-filled zones logged in holes CF25-01 and CF25-02. Carlingeochemistry is present in the horizons expected: in and near theRoberts Mountains Thrust Fault where the Vinini Formation (upper plate– Ov notation) structurally overlies the lower-plate Devonian WenbanFormation (Dw), and within the more altered zones of both the DevonianWenban and Roberts Mountains Formations, with a notable anomalous zonenear the contact of these two major host-rock carbonate strata. Golddeposition in these areas is expected based on broad district trendsand according to the RC chip logging. Whereas the various units of theWenban Formation are not discernable through RC chips, based on theaverage expected thickness of the formation in the district, Westwardbelieves that hole CF25-02 drilled a nearly-complete section. Thereader should note that where drilling conditions were poor, samplerecoveries for certain intervals were insufficient toaccommodate both assays and detailed logging – in those casesassays were prioritized.

Figure 2: Campfire Target Complex –CF25-01 Downhole Geology and Geochemistry


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Figure 3: Campfire Target Complex –CF25-02 Downhole Geology and Geochemistry


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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 results, and otherstatements that express management’s expectations or estimates offuture 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 details with respect to riskfactors that may affect the Company’s ability to achieve theexpectations set forth in the forward-looking statements contained inthis news release are set out in the Company’s latest managementdiscussion and analysis under “Risks and Uncertainties”, which isavailable under the Company’s SEDAR+ profile at www.sedarplus.ca.Although the Company has attempted to identify important factors thatcould cause actual results to differ materially, there may be otherfactors that cause results not to be as anticipated, estimated,described or intended. Accordingly, readers should not place unduereliance on forward-looking statements or information. The Company’sforward-looking statements and information are based on theassumptions, beliefs, expectations, and opinions of management as ofthe date of this press release, and other than as required byapplicable securities laws, the Company does not assume any obligationto update forward-looking statements and information if circumstancesor management’s assumptions, beliefs, expectations or opinionsshould change, or changes in any other events affecting suchstatements or information.

Copyright (c) 2025 TheNewswire - All rights reserved.

Westward Gold Inc.

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