お知らせ • Jul 21
Westward Gold Details Drilling Plans At El Segundo Target, Toiyabe Hills Property, Nevada Westward Gold Inc. provided additional details surrounding its planned Phase I drilling campaign at the El Segundo Target, one of three target areas slated for testing with reverse circulation and core drilling in 2026 at the Company’s Toiyabe Hills Property in Lander County, NV. This target has been developed over several field seasons through the application of Westward’s systematic, multi-disciplinary approach to greenfield gold exploration, and is now primed for its initial drill test. El Segundo is located approximately 4 km south-southeast of the SSD Target and 3 km south of the Campfire Target; it sits in the footwall of the district-scale north-striking Hilltop Structural Corridor, and favourable lower-plate carbonate host rocks of the Wenban Formation are exposed at surface across most of the target area. Multiple robust datasets support this year’s decision to allocate a portion of the Company’s drilling budget to further advance and define El Segundo, including the following: Surface Geochemistry: A large plume of elevated Carlin-suite elements (notably arsenic) lies over and outboard of the target area – as indicated by a gridded soil survey – coincident with anomalous gold in rock-chip samples (up to 1.6 g Au/t) and the strongest antimony on the Property in rock-chip samples (up to 589 ppm Sb). Geophysical Surveys: Robust geophysical datasets have been acquired through a gravity survey (2024), an airborne magnetic survey (2025), and a controlled-source audio-frequency magnetotelluric survey (2026) – and point to gravity-interpreted alteration (decalcification) in lower-plate carbonate rocks, and strong silicification (and argillic alteration) interpreted from CSAMT data. Anaconda-Style Mapping: 1:5000-scale mapping has identified surface alteration (both decalcification and silicification), northeast-striking dike-filled fault corridors, and syncline-anticline pairs indicative of compression – a favourable structural setting for Carlin-style gold exploration. Eight drill pads have been permitted, and construction on the last remaining eastern pads at El Segundo is nearing completion. This target will be tested with a combination of RC and core holes for a total of approximately 6,000 metres, the latter being used primarily to cross-cut major structural zones and obtain the best possible geology. お知らせ • Jul 20
Westward Gold Inc., Annual General Meeting, Sep 14, 2026 Westward Gold Inc., Annual General Meeting, Sep 14, 2026. Location: british columbia, vancouver Canada お知らせ • Jun 24
Westward Gold Inc. Commences Drilling and Provides Update on Field Activities At the Toiyabe Hills Property Westward Gold Inc. provided an update on field activities at the Company's Toiyabe Hills Property in Lander County, Nevada, where drilling has just commenced and numerous additional exploration programs are currently ongoing. Following the recent receipt of a Work Plan Concurrence from the U.S. Bureau of Land Management, trenching activities were completed at the SSD Target, one of three zones slated for core and reverse-circulation drilling in 2026. The Company has just begun drilling at SSD following delivery of a core rig to site, with two reverse-circulation rigs to follow in the months ahead from National EWP and Legacy Drilling. Additional large-scale programs to be completed this year include 1:5000 surface mapping, geochemical sampling, and multiple geophysical surveys. A 468-metre trenching program has just been completed at the SSD Target, designed to more accurately sample and map structures ahead of drilling; this data will contribute to the final determination of drill hole dips /azimuths from certain planned drill sites. High-grade structures - including the dike containing a 16.4 g Au/t sample - will be projected down-section based on mapped dips and strikes, and drills will be aimed to intersect these structures within favourable carbonate host rocks (notably of the Wenban Formation). These settings typically represent the best potential for significant zones of gold mineralization in Carlin-type systems along the major trends of northern Nevada. The Company's 1:5000 Anaconda-style surface mapping program has been ongoing since the beginning of the field season, and continues to form a vital part of Westward's systematic exploration and targeting strategy. This year will see the greatest amount of new coverage ever, with three expert mappers advancing multiple folios concurrently (including recent land expansions to the north and south). The program has already generated important new findings, notably moving north at the SSD Target and over newly-acquired ground at the southern end of the Property. The SSD alteration footprint has been expanded to the north and northeast of previous mapping, and surface alteration remains open in those directions. Three distinct patterns have been verified: quartz veins /stockworks and silica replacements increase to the north, especially along north-, east northeast-, northeast-, and northwest-striking faults; hydrothermally-altered lamprophyre and altered quartz porphyry dikes/sills occur in close proximity to one another; and hematite, hematitic clay, and euhedral barite crystals are notable alteration features. The hematite is significant for two reasons: hematite often implies a higher sulfidation state, and from south to north, limonite is dominant at the past-producing Toiyabe-Saddle open pits, and at the shallow Courtney Zone on the Property. Hematite occurs further to the north, in the vicinity of stronger silicification and altered quartz porphyry and lamprophyre dikes - this area is also closer to the recently-identified Threemile Stock. 20 hydrothermally-altered outcrop and subcrop samples were collected over a ~0.8-square-kilometre area north and northeast of the northernmost SSD trench. Samples represent an initial characterization of altered upper-plate siliciclastic rocks and/or intrusive material, including quartz-veined/stockworked-limonite-hematite altered fault zones, silicified fault breccias with limonite, hematite, and/or barite, and clay-altered and limonitic lamprophyres. At the Company's new southern ground, a series a northwest-striking altered dike-filled fault corridors have been mapped and samples have been collected. The Company's robust 2026 geochemical sampling programs are adding to an already expansive database built over the last several years, and will include the following: trenching with rock-chip samples collected at regular intervals with increased frequency around observed areas of interest; soil grids with collection of soil samples at 200-metre spacing across the most recently-acquired claims to the north and south, in addition to a select in-fill grid to improve upon inherited legacy data; mapping with rock-chip samples collected over the most interesting areas identified during surface mapping; and road-cuts and drill-pad earthwork with rock-chip sampling of exposures created by road and pad construction. Three significant geophysical surveys are being conducted by the Company in 2026. This year's programs include the following: an airborne magnetic survey designed to cover newly-acquired ground to the north and better define a suspected buried igneous stock identified via a 2025 survey; a CSAMT (Controlled-Source Audio-Frequency Magnetotellurics) survey with two lines designed to provide better resolution of structures and stratigraphy at the El Segundo Target slated for Phase I drilling in 2026; and a gravity survey that will add coverage over the newly-acquired ground to the north and south and tie into the existing Property-wide dataset. お知らせ • Oct 09
Westward Gold Inc. announced that it has received CAD 5 million in funding from Crescat Portfolio Management LLC, Concept Capital Management Ltd and other investors On October 8, 2025, Westward Gold Inc. closed the transaction. The company announced that it has received 45,454,545 units at an issue price of CAD 0.11 per unit for gross proceeds of CAD 4,999,999.95. In connection with the Offering, an aggregate total of CAD 14,190 in cash finder’s fees were paid, 1,492,636 finder’s warrants (the “Finder’s Warrants”) were issued, and 1,363,636 Units (the “Finder’s Units”) were issued to qualified finders. The Finder’s Warrants are exercisable at a price of CAD 0.13 per Common Share for a period of 24 months, and the Finder’s Units were issued on the same terms as the Units issued in the Offering. Certain insiders of the Company acquired Units in the Offering, for an aggregate total of 10,195,455 Units and gross proceeds of approximately $1,121,500 (including CAD 1,000,000 invested by Crescat) お知らせ • Sep 24
Westward Gold Inc. announced that it expects to receive CAD 5 million in funding from Crescat Portfolio Management LLC, Concept Capital Management Ltd Westward Gold Inc. announced a non-brokered private placement of up to 45,454,545 units at a price of CAD 0.11 per Unit for aggregate gross proceeds of CAD 4,999,999.95 on September 23, 2025. Each Unit will be comprised of one common share of the Company and one common share purchase warrant. Each Warrant will entitle the holder thereof to purchase one Common Share of the Company at a price of CAD 0.15 for a period of 24 months following the closing date of the Offering. The transaction includes participation from existing strategic shareholder Crescat Capital LLC (“Crescat”) 9,090,909 Units for gross proceeds of approximately CAD 1,000,000 and newest major shareholder, Concept Capital Management Ltd.(“Concept Capital”) for 22,727,272 Units for gross proceeds of approximately CAD 2,500,000. Closing of the Offering is subject to receipt of all necessary regulatory approvals, including from the Canadian Securities Exchange (the “CSE”).The Common Shares and Warrants issued in relation to the Offering will be subject to a hold period of four months and one day, in accordance with applicable securities laws. In connection with the Offering, the Company expects to pay finder’s fees up to 6% of the gross proceeds of the Offering, which may be paid in Units issued at the Offering Price, and to issue finder’s warrants up to 6% of the number of Units issued in the Offering, which will be exercisable at a price of CAD 0.13 per Common Share for a period of 24 months. Certain insiders of the Company intend to acquire Units in the Offering. The Offering will not result in the creation of a new Control Person of the Company. お知らせ • Jul 21
Westward Gold Inc., Annual General Meeting, Sep 16, 2025 Westward Gold Inc., Annual General Meeting, Sep 16, 2025. Location: british columbia, vancouver Canada お知らせ • Jul 11
Westward Gold Inc. Announces Commencement of Initial Drill Program At Campfire Target Complex Westward Gold Inc. announced that drilling is underway at its Toiyabe Hills Property in Lander County, Nevada. Over the next several months, Westward will be testing its Campfire Target Complex ("Campfire") for the first time, with approximately 5,000 metres (~16,500 feet) of reverse-circulation ("RC") drilling across this top-priority zone within the ~61 square-kilometre consolidated Property. Breccia Pipes: multi-lithic breccias in steeply-plunging, pipe-like features. Corporate Update. Westward is also pleased to announce the engagement of Hillside Consulting and Media Inc. ("Hillside"), a British Columbia-based firm, to assist in the Company's ongoing marketing and investor relations efforts. Hillside will provide a comprehensive suite of services to enhance the Company's public presence and drive investor engagement. Hillside will provide a digital outreach program to update the market on the Company's gold properties, exploration activities, and overall value proposition. The engagement will commence on July 8th and remain in effect for up to two weeks. The Company will pay Hillside a total of forty-five thousand dollars (Canadian), plus applicable GST for these services. Westward continues to pursue all available avenues to grow its investor base and execute on its business growth plans and long-term exploration strategies. お知らせ • May 29
Westward Gold Inc. Announces Pre-Drilling Earthwork Activities At Its Toiyabe Hills Property in Lander County, Nevada Westward Gold Inc. announced that pre-drilling earthwork activities - including road and drill-pad construction - began during the week of May 12th at its Toiyabe Hills Property in Lander County, Nevada ("Toiyabe Hills", or the "Property"). This followed approval of the Company's Notice of Intent ("NOI") at the beginning of the month from the U.S. Bureau of Land Management ("BLM"). The NOI allows for up to 5 acres of disturbance at the Campfire Target Complex ("Campfire"), and Westward has planned for up to 12 drill sites to support approximately 5,000 metres (~16,500 feet) of reverse-circulation ("RC") drilling in 2025. Westward's chosen drilling contractor, National EWP Inc., is expected to mobilize an RC rig to the Property on June 16th, with drilling commencing shortly thereafter. The Company has selected a Schramm T-685 which has a maximum depth capacity of 3,000 ft (~915 metres), to allow for greater flexibility should the observed geology warrant extending holes beyond their initial planned depths. Drill samples will be shipped to Paragon Geochemical in Sparks, NV, for assays on a consistent basis throughout the campaign. Investors can expect regular updates from the Company as drilling progresses over the summer months. The technical team will be at the rig each day to monitor progress and make important decisions based on rock samples coming out of the ground. The company's targeting concepts at Toiyabe Hills and are eagerly anticipating the launch of Campfire's maiden drill program. Near-Term Exploration Highlights at Toiyabe Hills: Campfire Drilling: Access road and drill pad construction (ongoing as of May 12th), Campfire Drilling: Drill rig mobilization to site (expected on June 16th), Campfire Drilling; Commencement of drilling (expected 2-3 days after rig mobilization); New Target Generation: Expansion of gravity survey coverage over newly-staked ground (data collection completed at the end of March, final interpretations pending internal review; New Target Generation: Expansion of surface sampling coverage over newly-staked Ground (soil grid completed early May, assays pending; New Target Generation: expansion of rock-chip sample coverage & collection of new road-cut channel samples (ongoing in tandem with geological mapping /post road-construction); New Target Generation: Anaconda-style geological mapping, adding 10-12 square kilometres to existing coverage (ongoing throughout field season; In parallel with the Company's inaugural drill program at Campfire, additional exploration activities across the greater Toiyabe Hills footprint (~60 square kilometres) are already well underway and will continue throughout the field season. The primary goal of these programs will be to advance other potential target areas, with a particular focus on the footwall of a district-scale, mantle-tapping structural corridor that runs north-south spanning the full extent of the Property This is also a classic structural setting for several of Nevada's giant gold deposits. Arsenic continues to provide valuable insight to the Company, as the best non-gold geochemical vectoring tool available in the hunt for Carlin-type gold deposits. The large arsenic plume to the west, southwest and south of the circular geophysical features was a vital observation during the generation of the Campfire Target Complex. Westward Gold is a mineral exploration company focused on developing the Toiyabe Hills Project located in the Cortez Hills area of Lander County, Nevada, and the Coyote and Rossi Projects located along the Carlin Trend in Elko County, Nevada. Such statements include, but may not be limited to, information as to strategy, plans or future financial or operating performance, such as the Company's expansion plans, project timelines, expected drilling targets, and other statements that express management's expectations or estimates of future plans and performance. お知らせ • Apr 09
Westward Gold Inc. announced that it has received CAD 4 million in funding from Crescat Portfolio Management LLC Westward Gold Inc announced it has closed the transaction on April 8, 2025. The company issued 49,999,999 units at a price of CAD 0.08 for gross proceeds of CAD 4,000,00. In connection with the offering, an aggregate total of approximately CAD 112,351 in cash finders' fees were paid and 1,404,388 finders' warrants were issued to qualified parties. The finders' warrants are subject to the same terms as the warrants issued in the offering. Strategic investor Crescat Capital LLC acquired 10.3% stake. お知らせ • Mar 19
Westward Gold Inc. announced that it expects to receive CAD 2.6 million in funding from Crescat Portfolio Management LLC Westward Gold Inc. announced a non-brokered private placement of up to 32,500,000 units at a price of CAD 0.08 per unit, for aggregate gross proceeds of up to CAD 2,600,000 on March 19, 2025. Each unit will be comprised of one common share and one common share purchase warrant. Each warrant will entitle the holder thereof to purchase one common share at a price of CAD 0.12 for a period of 24 months following the closing date of the offering. The transaction included participation from new investor Crescat Portfolio Management LLC on behalf of its five pooled investment funds for 12,500,000 units for gross proceeds of CAD 1,000,000, with an option to increase their participation to a maximum of 18,750,000 units for gross proceeds of CAD 1,500,000. The closing of the offering is subject to receipt of all necessary regulatory approvals, including from the Canadian Securities Exchange. The common shares and warrants issued in relation to the offering will be subject to a hold period of four months and one day, in accordance with applicable securities laws. Certain finder’s fees may also be payable to qualifying parties in accordance with the policies of the CSE. The certain insiders of the company intend to acquire units in the offering. お知らせ • Jan 17
Westward Gold Inc. Appoints J. Kelly Cluer to Board of Directors Westward Gold Inc. announced the appointment of Mr. J. Kelly Cluer to the Company's Board of Directors, effective January 16, 2025. Mr. Cluer has over 30 years of mineral exploration experience, from grassroots project generation through to discovery, resource delineation and mine development. He has also held numerous high-level management positions throughout his career, leading teams from a wide array of backgrounds and disciplines. Since January of 2024, Mr. Cluer has served as an advisor to Westward and has been a guiding voice within the Company as it relates to both exploration and corporate strategy. Mr. Cluer spent the last decade of his career in senior leadership positions at Kinross Gold Corp. (Kinross), one of the top global gold producers. In his latest role as Senior Director of Geosciences (Global), Mr. Cluer oversaw the exploration strategy for projects around the world, developing innovative campaigns including leading-edge geophysical surveys, talent management and acquisition, and claim-staking large greenfield targets based on new concepts. He was also instrumental in identifying new global regions for investment, through both generative exploration and M&A. Mr. Cluer also acted as Exploration Director (North America) for Kinross from 2013 to 2019, after being brought on to lead aggressive greenfield and brownfield initiatives, developing and guiding teams throughout Nevada. Major achievements included cementing Kinross as a major player in the Carlin-type gold space, with a robust pipeline of projects from early-stage prospects through to advanced development and production. He also established the Reno, NV office for greenfield exploration and grew it into one of the most active teams in the Western USA. Among several major discoveries to his credit, Mr. Cluer was notably a co-discoverer of the high-grade Ren gold deposit under 800 meters of cover on the Carlin Trend in the 1990s; that deposit is now being mined by Nevada Gold Mines (NGM). Westward currently holds the Coyote /Rossi Property situated at the northern end of the Carlin Trend, as a complimentary asset to its flagship Toiyabe Hills Property on the Cortez Trend. Mr. Cluer also found tremendous success in Mongolia, notably as the Founder, Co-Owner and Director of Exploration for Altan Rio Minerals from 2006 to 2013. He was a recipient of the Polar Star Award from the President of Mongolia for his achievements generating long-term investments and national professional development initiatives. He also shared the Honored Geologist of Mongolia award with the Gatsuurt deposit discovery team in 2004; in his role as Exploration Manager for Centerra Gold Mongolia, he was responsible for all aspects of exploration, land management, personnel administration, and contract negotiations. He managed final reserve drilling of the Boroo deposit which resulted in additional gold reserves and new discoveries in the district, in addition to exploration and resource drilling at the Gatsuurt deposit leading to a reportable gold resource in excess of 2.0 Moz within a much larger mineralized footprint. Mr. Cluer is a lifetime member and past President of the Geological Society of Nevada (GSN). In addition to his many personal achievements, he has worked tirelessly to establish, train and mentor top-level exploration teams from diverse cultural backgrounds who have gone on to realize great success in their own right. Mr. Cluer is passionate about investing in and developing the next generation of explorers and industry leaders. お知らせ • Dec 12
Westward Gold Inc. announced that it has received CAD 1.1748 million in funding On December 12, 2024, Westward Gold Inc., closed the transaction. The company issued 14,685,000 units at a price of CAD 0.08 per unit for the gross proceeds of CAD 1,174,800 in the transaction. In connection with the Offering, an aggregate total of CAD 41,426 in cash finder’s fees were paid and 517,825 finder’s warrants were issued to qualified parties. Certain insiders of the Company acquired Units in the Offering, for an aggregate total of 2,500,000 Units and gross proceeds of CAD 200,000. All securities issued in connection with the Offering are subject to a statutory hold period of four months plus a day from the date of issuance in accordance with applicable securities laws. お知らせ • Nov 30
Westward Gold Inc. announced that it expects to receive CAD 0.8 million in funding Westward Gold Inc. announced a non-brokered private placement of up to 10,000,000 units at a price of CAD 0.08 per unit for the gross proceeds of CAD 800,000 on November 29, 2024. Each unit will be comprised of one common share of the company and one common share purchase warrant. Each Warrant will entitle the holder thereof to purchase one Common Share of the Company at a price of CAD 0.12 for a period of 24 months following the closing date of the Offering. The Common Shares and Warrants issued in relation to the Offering will be subject to a hold period of four months and one day, in accordance with applicable securities laws. Certain finder’s fees may also be payable to qualifying parties in accordance with the policies of the CSE. Certain insiders of the Company intend to acquire Units in the Offering, for an estimated aggregate total of approximately 2,500,000 Units and gross proceeds of CAD 200,000. お知らせ • Oct 18
Westward Gold Inc. Completes Gravity Survey at Its 100%-Owned Coyote /Ross Rossi Property Westward Gold Inc. announced that is has recently completed a gravity survey at its 100%-owned Coyote /Ross Rossi Property (Coyote, or the Property), comprised of 111 unpatented mining claims situated along the northern Carlin Trend in Elko County, Nevada. The Carlin Trend is a approximately 90-kilometre-long gold belt that has been continuously and successfully explored and mined over the last 60 years, and Westward acquired Coyote in late 2022 as a complementary asset to its district-scale Toiyabe Hills Project along the Cortez Trend. The Coyote acquisition was designed to capitalize on the broader theme in the district whereby significant discoveries continue to be made northward along strike from the original Carlin Mine. Westward's team of technical experts are intimately familiar with the area and have been involved in several noteworthy discoveries, including Leeville, Ren, Four Corners, Pete Bajo, Crow, Little Boulder Basin, and Hardie Footwall Extension. The district is dominated by Nevada Gold Mines (Barrick /Newmont Joint Venture), however Kinross Gold also recently laid claim to a large land position immediately north of Coyote along the hypothesized extension of the trend. The Coyote gravity survey was completed by MWH Geo-Surveys of Reno, NV, following their successful geophysical campaign at the Company's larger Toiyabe Hills Project. It included 216 unique stations distributed across a 200-metre square grid, a typical sampling density used for targeting of Carlin-type gold deposits along major Nevada trends. The survey was designed to accomplish the following primary goals: 1) determine the extent and relative depth of favorable lower-plate carbonate rocks beneath upper-plate siliciclastic cover rocks, 2) outline the structural framework of the Property - particularly looking for the extensions of gold-controlling faults that are well-documented to the south - and 3) map subsurface density variations which can indicate zones of alteration. The data has now been successfully collected and it will be processed and interpreted in the coming weeks, with expert input from Mr. J. L. Wright of Wright Geophysics in Spring Creek, NV. Mr. Wright is a well-respected geophysicist with over 40 years of expertise within the Carlin and Cortez Districts of northern Nevada. お知らせ • Jul 23
Westward Gold Inc., Annual General Meeting, Sep 20, 2024 Westward Gold Inc., Annual General Meeting, Sep 20, 2024. Location: british columbia, vancouver Canada お知らせ • May 09
Westward Gold Outlines New Prospective Geochemical Anomalies at Cortez Trend Properties Westward Gold Inc. reported gold and multi-element assay results for 606 soil samples collected on the Company's 100%-owned Toiyabe and East Saddle Properties, situated along the Cortez Trend in Lander County, Nevada. This phase of the survey - conducted at the end of 2023 prior to winter conditions setting in - was primarily designed to extend existing coverage southward over the exposed lower-plate carbonate window at East Saddle, and adjacent portions of the overlying upper-plate siliciclastic formations due east of the past-producing Toiyabe-Saddle Mine open pits. The soil samples were collected at nominal 100-meter spacings, and have been integrated into existing soil datasets from the Turquoise Canyon Property. These new results, which represent an important step in covering all previously-unsampled ground on the Company's consolidated 40 square kilometer land package, will be added to in the coming months as the fulsome grid is completed. Vice President Exploration Robert Edie has recently returned from the Company's properties, and ground conditions are now sufficiently favourable to kick off planned 2024 exploration activities. Key Highlights: Strong signs of large, zoned geochemical footprints often indicative of significant Carlin-type gold deposits in the subsurface. An expansive, newly-mapped zone of elevated gold-in-soil anomalies includes the entire strike length of the Roberts Mountains Thrust ('RMT') Fault at East Saddle. New positive results will guide upcoming exploration activities focused on drill-target selection, including detailed surface mapping, geophysical surveys, and additional rock-chip and soil sampling. The Company implemented a best-practices QA/QC program during the surface sampling program. All soil samples were collected by Robert Edie, Westward's Vice President Exploration and one independent contractor working under Robert Edie's supervision. Robert Edie was on-site throughout the fieldwork campaign and transported all samples personally. The average weight of each sample was 0.35 kilograms. Coordinates for each sample were collected by Garmin GPS units in datum UTM NAD 83 Zone 11 meters and recorded in a spreadsheet. Soil samples were transported from the field collection areas by Robert Edie to his home in Zephyr Cove, NV, and then to ALS' certified laboratory at 4977 Energy Way, Reno, NV 89502. There, the samples were crushed and pulverized; resulting sample pulps (30g sample weight for gold and 500mg for multielement) were analyzed by ALS Reno for gold at 4977 Energy Way, Reno, NV, 89502 and ALS Vancouver for multielement at 2103 Dollarton Hwy, North Vancouver, BC, Canada. ALS is independent of the Company. Certified reference materials ('CRMs') purchased from Moment Exploration Geochemistry in Lamoille, NV, were inserted into the soil sample stream at a frequency of one every 25th sample (4%). Four CRMs were inserted at random, three with known gold values, and one certified blank. All results were deemed to be within acceptable analytical limits for disclosure. お知らせ • Feb 29
Westward Gold Inc. announced that it expects to receive CAD 1 million in funding Westward Gold Inc. announced a non-brokered private placement of up to 12,500,000 units at an issue price of CAD 0.08 per unit for the gross proceeds of CAD 1,000,000 on February 28, 2024. Each Unit will be comprised of one common share and one common share purchase warrant. Each Warrant will entitle the holder thereof to purchase one Common Share at a price of CAD 0.12 for a period of 24 months following the closing date of the Offering. Closing of the Offering is subject to receipt of all necessary regulatory approvals, including from the Canadian Securities Exchange (the “CSE”). The Common Shares and Warrants issued in relation to the Offering will be subject to a hold period of four months and one day, in accordance with applicable securities laws. Certain finder’s fees may also be payable to qualifying parties in accordance with the policies of the CSE. お知らせ • Jan 19
Westward Gold Inc. Announces Results of Rock Chip Sampling Program Westward Gold Inc. announced results from its regional rock chip sampling program completed in late 2023. A total of 353 samples were collected covering the Company's consolidated land position along the Cortez Trend, made up of the Toiyabe, Turquoise Canyon, and East Saddle Projects in Lander County, Nevada (collectively, the "Properties"). Gold and multi-element assay results will be analyzed in order to further define priority areas for continued exploration (including detailed mapping, geophysical surveys, and eventual drilling). The results demonstrate that Carlin-type alteration is widespread on Westward's Properties, and continues to the east and south of known mineralization at the Toiyabe Project, onto the Turquoise Canyon and East Saddle Projects. This work further validates the need for aggressive exploration of those projects, which have seen little to no known drilling in the past. Notable results and locations from the East Saddle dataset with the highest reported value for each element highlighted. The samples contain elevated values of gold, arsenic, mercury, antimony, thallium, and selenium similar trademarks of Carlin-type deposits in the region. One notable sample returned 253 ppb Au from an upper plate siliceous chert and mudstone outcrop with abundant quartz veining and oxidation, key alteration features in Carlin-type systems. This sample also contained 782 ppm As (arsenic), a pathfinder element commonly associated with gold deposition. Two nearby samples returned gold values of 82 and 53 ppb, respectively, both in upper plate siliciclastic outcrops; these three samples coincide with a prominent gravity embayment from the Company's geophysical dataset. A gravity embayment occurs when there are significant changes in density over short distances, and relates to alteration of carbonate rocks under cover (commonly decalcification). Similar prospective outcrops for 900 meters eastwards were not sampled in this program and will be followed up on in 2024. The samples contain elevated values of gold, silver, arsenic, mercury, antimony, and selenium similar trademarks of Carlin-type deposits in the region. Some samples contain elevated copper and zinc, which correlate to turquoise occurrences on this property. The highlighted gold value (71 ppb Au) was returned from a sample collected from a historical turquoise prospect. this sample also contained 85 ppm silver, and over 1% copper. Three additional samples in the area returned copper values of >1%, 0.20%, and 0.21% respectively. This area is slated to be followed up on with detailed mapping and further sampling in 2024. New Risk • Dec 01
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$1.7m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$1.7m free cash flow). Share price has been highly volatile over the past 3 months (25% average weekly change). Earnings have declined by 54% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (€7.46m market cap, or US$8.11m). Minor Risk Shareholders have been diluted in the past year (32% increase in shares outstanding). お知らせ • Nov 25
Westward Gold Inc. Announces Completion of Surface Sampling Program Westward Gold Inc. announced that it has completed an expansive rock chip and soil sampling program at its Toiyabe, Turquoise Canyon and East Saddle Projects in Lander County, Nevada. The program was initially described in press releases dated September 7 and October 10, 2023, and was led by Mr. Robert Edie, Westward's Vice President Exploration, over the course of several weeks in the field. A total of 353 surface rock chip samples were collected and visually logged: Toiyabe Project: 29 samples collected; Turquoise Canyon Project: 182 samples collected; East Saddle Project: 142 samples collected. A total of 606 soil samples with 100-meter spacings were also collected at the East Saddle Project and southern extent of the Toiyabe Project, covering the exposed lower-plate carbonate window. All rock chip and soil samples will be analyzed for gold and multi-element pathfinders. Assay results received in conjunction with field observations will be used to prioritize areas for future mapping with detailed Anaconda-style folios. These folios will compliment the existing Anaconda-style maps previously completed on high-priority areas of the Toiyabe Project. Geochemical anomalies - in particular gold, arsenic, mercury, and antimony - will be plotted and analyzed to further vector in on zones with elemental signatures typically associated with Carlin- type gold deposits. Notable Turquoise Canyon rock chips include a sample of chrysocolla and lazurite taken from a historical turquoise prospect, a strongly-hematitic/oxidized sample taken near a fault in quartzite, brecciated, oxidized, kaolinite-bearing chert near the eastern property boundary, tectonic fault breccia with pervasive hematite and limonite + barite, and a hematitic brecciated chert sample from a historical turquoise prospect. Recent Insider Transactions • Nov 13
Independent Chairman of the Board recently bought €99k worth of stock On the 8th of November, Mark Monaghan bought around 1m shares on-market at roughly €0.08 per share. This transaction amounted to 41% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Mark's only on-market trade for the last 12 months. お知らせ • Oct 11
Westward Gold Inc. Provides Update on Recent Field Activities Westward Gold Inc. provided investors with an update on recent field activities conducted by Vice President Exploration Robert Edie. Mr. Edie spent two weeks in September at all five of the Company's properties in Nevada, including the consolidated Toiyabe district on the consolidated Toiyabe districtOn the Cortez Trend (made up of the Toiyabe, Turquoise Canyon, and East Saddle Projects), and the Coyote and Rossi Projects on the northern end of the Carlin Trend. He performed detailed geological reconnaissance - traversing approximately 50% of the total land area - and collected 192 surface rock chip samples to be analyzed for gold and multi-element data. The information gathered from this important baseline work will help improve geological models and targeting, especially at prospective areas of Turquoise Canyon and East Saddle, projects which are being advanced towards first-ever drilling. Additional information related to upcoming planned exploration activities can be found in Westward's recent press release dated September 7, 2023. Cortez Trend Properties. At the Toiyabe, Turqoise Canyon, and Eastaddle Projects, surface reconnaissance identified a widespread area of compressional tectonics in the upper-plate Vinini Formation. Key structures observed included recumbent folds, parasitic folds, and large-scale disharmonic folds. This set of tectonic features, and their orientations, indicate that the area has experienced multiple compressional events. President, CEO & Director. お知らせ • Aug 03
Westward Gold Inc. announced that it has received CAD 1.041182 million in funding On August 1, 2023, Westward Gold Inc. closed the transaction. The company issued 8,676,517 units CAD 0.12 per unit for aggregate gross proceeds of CAD 1,041,182. The transaction included participation from certain insiders of the company for an aggregate total of 800,000 units for the gross proceeds of CAD 96,000. The company paid aggregate total of CAD 4,710 in cash finder's fees were paid and 36,750 finder's warrants. お知らせ • Jul 26
Westward Gold Inc., Annual General Meeting, Sep 22, 2023 Westward Gold Inc., Annual General Meeting, Sep 22, 2023. Board Change • Jul 02
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. Independent Chairman of the Board Mark Monaghan is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. お知らせ • Jun 27
Westward Gold Inc. announced that it expects to receive CAD 0.6 million in funding Westward Gold Inc. announced a non-brokered private placement of 5,000,000 units at a price of CAD 0.12 per unit for aggregate gross proceeds of CAD 600,000 on June 26, 2023. Each unit will be comprised of one common share and one common share purchase warrant. Each warrant will entitle the holder thereof to purchase one common share of the company at a price of CAD 0.18 for a period of 24 months following the closing date of the offering. The closing of the offering is subject to receipt of all necessary regulatory approvals, including from the Canadian Securities Exchange. The common shares and warrants issued in relation to the offering will be subject to a hold period of four months and one day, in accordance with applicable securities laws. Certain finder’s fees may also be payable to qualifying parties in accordance with the policies of the Canadian Securities Exchange. お知らせ • Jun 14
Westward Gold Inc. Announces Board Changes Westward Gold Inc. announced the appointment of Mr. Allan (Al) Fabbro to the Company's board of directors as an Independent Director. Mr. Fabbro is a 40-year veteran of the finance and mining industries, and currently serves as President, CEO and Lead Director of Midnight Sun Mining Corp. From 1984 to 1990, he led the retail trading department of Yorkton Securities, followed by six years with their Natural Resources Group. Mr. Fabbro subsequently joined Canaccord Capital as an Investment Advisor, a role he held for a decade. More recently, Al was also Co-Founder and Lead Director of Roxgold Inc., which was named the top company on the TSX Venture 50 and raised in excess of $60 million in equity financing during his tenure. Roxgold was acquired by Fortuna Silver Mines in 2021 in a deal valued at CAD 1 billion. Following his tenure at Canaccord Capital, Mr. Fabbro became President of American Consolidated Minerals Corp. (ACM) in 2009. At that time, ACM owned and was actively exploring the Toiyabe Gold Project in Lander County, Nevada (Toiyabe), now Westwards property. Under Mr. Fabbros leadership, prior to ACMs acquisition by Starcore International Mines Ltd. in 2014, some of the most significant drilling campaigns were conducted at Toiyabe. Westward also announces the resignation of Mr. Johnathan Dewdney from the board of directors. お知らせ • May 25
Westward Gold Inc. Discovers New Zone of Carlin-Type Gold Mineralization in 300-Meter Step-Out Hole Westward Gold Inc. announced remaining assay results from vertical diamond drill hole T2301 at the Company's Toiyabe Gold Project in Lander County, Nevada (Toiyabe). T2301 was drilled to a total depth (TD) of 612 meters, and significant gold intervals for the entire length of the hole. Key takeaways from T2301: New zone of Carlin-type gold mineralization discovered down-section, to the northeast of previously- identified gold mineralization at depth (the SSD Zone); Confirmed the mineralizing system continues to produce high-grade gold (>2 g Au/t) near surface and at depth, both gold zones remain open in every direction. The hydrothermally-altered SSD Zone extends and strengthens to the northeast and gold mineralization is associated with significant oxidation; SSD Zone strike length now increased to 625 meters; Pervasive vertical alteration of favourable lower plate carbonate host rocks indicates the potential for continuation of the gold system to the north and northeast. Hole location (NAD83 UTM 11N): E 523084, N 4432898, Elev. 2335m. Gold intervals reported were calculated using a 0.14 g Au/t cut-off. Weighted averaging was used to calculate reported intervals. True widths are estimated at 70-90% of drilled thicknesses. Hole T2301, the third-deepest ever drilled at Toiyabe, was designed to test for northeast extensions of the recently-identified SSD Zone. This hole was collared as a 300-meter northeast step-out from the closest hole that intersected the SSD Zone (legacy hole T1002 intersected 16.7m of 2.15 g Au/t from 298.1m depth). T2301 intersected significant mineralization ~350m downdip to the northeast from the T1002 intersection, making the total known strike length of the SSD Zone approximately 625m in length trending northeast from hole T2210 drilled by Westward in 2022 to hole T2301. The SSD Zone encountered in T2301 continues to be clay-altered and oxidized to TD at 612m. お知らせ • Feb 17
Westward Gold Inc. announced that it expects to receive CAD 0.3 million in funding from EMX Royalty Corporation Westward Gold Inc. announced a non-brokered private placement of 3,000,000 units at a price of CAD 0.10 per unit for aggregate gross proceeds of CAD 300,000 on February 15, 2023. Each unit will be comprised of one common share and one common share purchase warrant. Each warrant will entitle one common share at a price of CAD 0.15 for a period of 36 months following the closing date of the share subscription. The common shares and warrants issued in relation to the share subscription will be subject to a hold period of four months and one day, in accordance with applicable securities laws. The transaction will include participation from new investor, EMX Royalty Corporation. The investor has entered into a binding letter agreement with the company. The Share Subscription shall close within twenty days following the execution of this Letter Agreement. お知らせ • Jan 19
Westward Gold Inc. (CNSX:WG) completed the acquisition of Coyote and Rossi Claim Blocks, in Elko County, Nevada from Intermont Exploration LLC for $0.05 million. Westward Gold Inc. (CNSX:WG) has entered into a definitive claims acquisition agreement to acquire Coyote and Rossi Claim Blocks, in Elko County, Nevada from Intermont Exploration LLC for $0.05 million on October 11, 2022. consideration will be paid in $19,647 payable in cash and 600,000 common shares of Westward, with the following escrow provisions:200,000 shares to be released on the four-month anniversary of closing. 400,000 shares to be released on the eight-month anniversary of closing. closing is expected to occur prior to October 31, 2022.
Westward Gold Inc. (CNSX:WG) completed the acquisition of Coyote and Rossi Claim Blocks, in Elko County, Nevada from Intermont Exploration LLC for $0.05 million on January 18, 2022. Board Change • Nov 16
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. Independent Director John Dewdney is the most experienced director on the board, commencing their role in 2018. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Board Change • Apr 27
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. Independent Director John Dewdney is the most experienced director on the board, commencing their role in 2018. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Board Change • Apr 02
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. Independent Director John Dewdney is the most experienced director on the board, commencing their role in 2018. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model.