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Westward Gold Intersects 10.7m of 0.94 g Au/t, including 3.1m of 2.50 g Au/t in framework drilling at the Campfire Target Complex, Toiyabe Hills Property, Nevada

Source: TheNewsWire

(TheNewswire)

The frameworkdrilling strategy has identified a vertically-extensive hydrothermalsystem and a new Carlin-type gold zone at Campfire

Vancouver, British Columbia, November 5, 2025 – TheNewswire - Westward Gold Inc. (CSE: WG, OTCQB:WGLIF, FSE: IM50) ( “Westward” or the “Company” ) is pleased toprovide results for two reverse-circulation ( “RC” ) drill holes (CF25-03 andCF25-04) and an update on its ongoing 2025 drilling campaign, at itsflagship Toiyabe Hills Property in Lander County, Nevada ( “Toiyabe Hills” , or the “Property” ). Originally,Westward set out to test its high-priority Campfire Target Complex( “Campfire” ) withapproximately 5,000 metres (~16,500 feet) of RC drilling (see press release date July 8, 2025, foradditional details) . Due to early technical and drillingsuccesses at this framework stage, additional exploration capital wasput to work to expand the program, which now includes 7,090 metres ofRC drilling across eleven drill holes (see Figure 1 below for a map ofcompleted and in-progress holes at Campfire). Early results nowinclude a new gold zone of 10.7m of 0.94 g Au/t, including 3.1m of 2.50 gAu/t in hole CF25-04 . All samples continue to be sent toParagon Geochemical Services Inc. ( “Paragon” ) for gold and multi-element analysis.

Roundtable video discussion available here:

The Company’s Phase 1 framework drilling program at Campfire –designed with approximately 350 to 700-metre hole spacings – wasintended to characterize large-scale gold system patterns and answerkey geological questions by: 1) determining the third-dimensionarchitecture of the favourable lower-plate carbonate rocks; 2)identifying vertically-extensive Carlin-type alteration in lower-platecarbonate rocks (namely decalcification) over a large area; 3)confirming a Carlin-type gold and trace-element signature associatedwith the hydrothermal system; and 4) confirming the downdip expressionof an igneous dike-filled fault corridor within the CampfireAnticline. To date, these key questions are being successfullyanswered with the Phase 1 framework drilling.

Kelly Cluer, Director, noted “As I was scrolling down the CF25-04assay report, what really caught my attention was a 39-metre zone inthe Wenban Formation containing elevated gold, arsenic, antimony andmercury, which also included 3 metres of 2+ g/t gold. This isprecisely what we’ve been hoping to see at this early stage:geochemical evidence of a system that can produce both tonnage and grade , and we were rewarded in thatregard in only the fourth hole back from the lab. This is a brand-newgold zone at Toiyabe Hills, essentially stumbled into with awide-spaced drilling array. I’m more excited than ever to see whatcomes from the entire 2025 Campfire framework drilling campaign, andwhat targets will emerge as we digest all the downhole data over thewinter.”

Figure 1: Campfire Target: Completed& In-Progress Drilling


Click Image To View Full Size

Key Drilling Highlights at theCampfire Complex:

  • The 10.7m of 0.94g Au/t, including 3.1m of 2.50 g Au/t, in hole CF25-04 isassociated with decalcified, quartz and dolomite veined siltylimestone of the Wenban Formation. Arsenic, antimony and mercury –elements typically associated with Carlin-type gold systems – areelevated in this gold zone (see Figure 3 below). Additionally, a132m-thick shear zone containing strong/pervasive decalcification,quartz veining and/or selvages of silicification, discrete zones ofoxidation, and elevated sooty sulfides was intersected fromapproximately 567m to 700m downhole. This structural zone isreminiscent of blind compressional structures that are well-documentedcontrols for Carlin-type gold systems throughout the neighbouringCortez District.

  • The 3.1m interval of 0.67 g Au/t in hole CF25-03 is hosted indecalcified, silicified, sooty pyrite-bearing silty limestone of theWenban Formation. Elevated arsenic, antimony and mercury values arealso characteristic of this gold zone (see Figure 2 below).

  • The gold intervals in holes CF25-03 and -04 represent a new zone ofgold at the Toiyabe Hills Project.

  • Nine of eleven holes have intersected favourable lower-plate carbonaterocks (see Table 1) at direct drilling costs that are below budget atUS$64 / foot. Of the ten holes collared in upper-plate rocks, eightintersected lower-plate rocks at shallower-than-anticipated depths.Vertically-extensive decalcification, an alteration typecharacteristic of Carlin-type gold systems, and sulfidized igneousdikes have been observed in all holes. Approximately 59% of the Phase1 drilling metreage has been in 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.

  • The framework drilling at Campfire has set Westward on a clear path toplanning a 2026 Phase II drill campaign. The Company is developingsolid subsurface geologic models that demonstrate lower-plate hoststrata is within easy reach and dipping gently to the NNE. Significantfaults and mineralized dikes with known dip and within robustalteration zones can be projected into the best host rocks to targetdiscrete structural intersections where grade is likely to increase.This is the grade hunting phase.

  • Difficult drilling conditions were encountered in drill holes CF25-01,-03, -05, -06, -09 and -09A, which resulted in either zones of nosample recovery or holes being terminated prior to fully testing theintended target.

Table 1: Campfire Target Drill HoleTable

Drill Hole

Method

Incl.

TD (m)

Intercept

(m)

Thickness

(m)

Grade

(g Au/t)

Vertical Depth to Lower Plate Rocks(m)

CF25-01

RC

-90

501.5

No significant economic results

70.1

CF25-02

RC

-90

843.0

No significant economic results

0

CF25-03

RC

-90

907.0

602.0-605.0

3.1

0.67

295.7

CF25-04

RC

-90

904.0

463.3-474.0

10.7

0.94

443.5

Including

466.3-469.4

3.1

2.50

CF25-05

RC

-90

580.8

Results pending

172.3

CF25-06

RC

-90

275.9

Results pending

169.2

CF25-07

RC

-90

914.4

Results pending

254.6

CF25-08

RC

-90

726.9

Results pending

574.5

CF25-09

RC

-90

294.1

Results pending

LP Not Reached

CF25-09A

RC

-90

300.2

Results pending

LP Not Reached

CF25-10

RC

-90

Drilling in progress at 842.8m

344.5

Gold intervals reported in this table were calculated a0.14 g Au/t cutoff.  Included intervals were calculated using a 1.00g Au/t cutoff.

Figure 2: Campfire Target: CF25-03Downhole Geology and Geochemistry


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Figure 3: Campfire Target: CF25-04Downhole 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 13 samples for a frequency of 8% or greater. Rig duplicates,coarse duplicates, and pulp duplicates are being collected or createdat a frequency of 6%. Standards and blanks were sourced from MEG LLCof Lamoille, NV. All samples will be analyzed for gold and 35additional elements. Assays will consist of fire assays (Au-FA30) forgold, and aqua regia / ICP-OES (35AR-OES) for multi-elementgeochemistry. Drill-hole deviation for the submitted holes wasmeasured by gyroscopic down-hole surveys with tooling provided byREFLEX of Elko, NV. The deviation surveys provide accurate data aboutthe true inclination and azimuth of the holes. Obtaining an accuratesurvey of the drill holes leads to a better contextual understandingof the RC samples, and a more robust 3D 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 other statementsthat express management’s expectations or estimates of future plansand 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 expectationsset forth in the forward-looking statements contained in this newsrelease are set out in the Company’s latest management discussionand analysis under “Risks and Uncertainties”, which is availableunder the Company’s SEDAR+ profile at www.sedarplus.ca. Although theCompany has attempted to identify important factors that could causeactual results to differ materially, there may be other factors thatcause results not to be as anticipated, estimated, described orintended. Accordingly, readers should not place undue reliance onforward-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.

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