Business
Westward Gold Provides Update on Toiyabe Drill Campaign
Vancouver, British Columbia – TheNewswire - June 22, 2022 – Westward Gold Inc. (CSE:WG), (OTC:WGLIF), (FSE:IM50) (“Westward” or the “Company”) is pleased to pro
About this update from Westward Gold Inc
[{"type":"text","content":"Vancouver, British Columbia – TheNewswire - June 22, 2022 – Westward Gold Inc. (CSE:WG), (OTC:WGLIF), (FSE:IM50) (“Westward” or the “Company”) is pleased to provide an update on the Company’s inaugural drill campaign, currently underway at its flagship Toiyabe Project in Lander County, Nevada (“Toiyabe”). Drilling at the first of four target areas – the California Zone – has now been completed, with two holes reaching a depth of 1,000 feet / ~305 meters, and the third reaching a depth of 965 feet / ~295 meters (for additional details on the California Zone target, please refer to Westward’s press release dated June 8, 2022). The first batch of reverse-circulation chips from these holes have been sent to ALS Ltd. for analysis, and deliveries will continue in regular intervals as the campaign progresses. Dave Browning, Westward’s VP Exploration, noted: “We’re very happy with the progress of the drilling in these early stages of the campaign. We’re beginning to see improved shift efficiencies at the rig, and expect this trend to continue over the coming days and weeks. Mobilization is now underway to our second target area – Toiyabe Hills North – where earthwork crews have been preparing roads and pads for the past week.” Figure 1: Drilling at the California Zone (Past-Producing Toiyabe-Saddle Open Pit in Background) Toiyabe Hills North Target Area The Company’s second target area (Toiyabe Hills North) is situated to the east of the historical resource estimate at Toiyabe (~173 koz at 1.2 g Au/t)(1) (the “Historical Estimate”), approaching the boundary between Toiyabe and the Turquoise Canyon Project (also controlled by Westward). The four planned drillholes in the area will be collared in gold-in-soil anomalies, which trend southeast from the Historical Estimate; this mineralization trend is also present at the California Zone and is repeated across the Company’s ~39km2 land package. The target area has also shown elevated arsenic and mercury-in-soils (12 samples spaced 100 meters apart): arsenic – ranging from 23ppm to 210ppm; mercury – ranging from 90ppb to 220ppb. These elements are commonly associated with Carlin-type gold deposits in the region. Figure 2 below displays the approximate location of the four holes relative to the Historical Estimate, as well as the Toiyabe Hills Fault (the “TH Fault”), a key feature which influe...