Business
Westward Gold Completes Gravity Survey at Coyote Project & Welcomes New Strategic Advisor
Vancouver, British Columbia, October 17, 2024 – TheNewswire – Westward Gold Inc. (CSE: WG, OTCQB: WGLIF, FSE: IM50) (“Westward” or the “Company”) is pleased to
About this update from Westward Gold Inc
[{"type":"text","content":"Vancouver, British Columbia, October 17, 2024 – TheNewswire – Westward Gold Inc. (CSE: WG, OTCQB: WGLIF, FSE: IM50) (“Westward” or the “Company”) is pleased to announce that is has recently completed a gravity survey at its 100%-owned Coyote / 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 ~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 flagship 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 (see Figure 1 below). 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. Today, 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. Figure 1: Westward’s Coyote Property Along the Carlin Trend Note: Readers are cautioned that information regarding neighbouring properties is provided for context only, and that mineralization on any neighbouring properties is not necessarily indicative of mineralization or potential mineralization on Westward’s properties. 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 (refer to Westward’s press release dated September 26, 2024, for additional information). 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 (see Figure 2 below). The survey was designed to accomplish the following primary goals: 1) determine the extent and relative depth of favourable lower-plate carbonate rocks beneath upper-plate siliciclastic cover rocks, 2) outline the struc...