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Westward Gold Announces Details of First 2023 Drilling Target at Toiyabe
Vancouver, BC - TheNewswire - February 23, 2023 - Westward Gold Inc. (CSE:WG) (OTC:WGLIF) (FSE:IM50) (“Westward” or the “Company”) is pleased to announce that,
About this update from Westward Gold Inc
[{"type":"text","content":"Vancouver, BC - TheNewswire - February 23, 2023 - Westward Gold Inc. (CSE:WG) (OTC:WGLIF) (FSE:IM50) (“Westward” or the “Company”) is pleased to announce that, further to its press release dated February 15, 2023, diamond drilling is now underway at the Company’s Toiyabe Project in Lander County, Nevada (“Toiyabe”). The first hole of the 2023 field season (T2301) represents the culmination of all the datasets available to Westward’s Technical Team, including recent work completed by the Company such as extensive field mapping and a significant induced polarization (“IP”) survey. Based on 2022 work, the Company’s Technical Team believes that the gold mineralization associated with the historical resource estimate at Toiyabe (~173 koz at 1.2 g Au/t)(1) (the “Historical Estimate”) remains open, down-dip to the north. The newly-identified mineralized zone at depth (the “SSD Zone”) remains open in all directions. Core hole T2301 is designed to: follow up and verify historical, near-surface gold assays (including 10.7m of 2.47 g Au/t from 7.6 to 18.3m, and 15.2m of 0.80 g Au/t from 22.9 to 38.1m)(2) and geology in reverse-circulation (“RC”) drill hole T802; and test the SSD Zone target where a northeast-trending structure (the “Diamond Fault”) and a syncline (the “Courtney Syncline”) intersect at depth. Dave Browning, Vice President of Exploration, noted: “It’s rare to see a wide array of geological and structural data come together and speak in unison to the prospectivity of a target – that is what gets us excited about T2301. Since our last drilling campaign wrapped up in 2022, we’ve done a huge amount of work to break out the stratigraphy and the projection of the newly-identified SSD Zone, and our findings lined up with both historical and recent data (including geophysics and IP). This hole could represent a significant jumping-off point and usher in a new phase of exploration on our combined land package.” During 2022, 1:5000 scale Anaconda-style mapping was completed at Toiyabe, led by Steven Koehler (a member of the Company’s Technical Team and recipient of the 2005 Thayer Lindsley International Discovery Award for his contribution to the nearby Cortez Hills discovery). The mapping identified two significant features that have a direct bearing on drill targeting, including 1) the presence of northwest and northeast...