Westward Gold Inc · CSE:WG
Westward Gold — Investor Presentation (October 2025)
21 slides from Westward Gold's investor presentation, October 2025
Slide 1: Exploring for Nevada's Next Carlin-Type Gold Discovery in the Heart of the Cortez Trend
CSE: WG | OTCQB: WGLIF | FSE: IM50 October 2025 westwardgold.com Exploring for Nevada’s Next Carlin-Type Gold Discovery in the Heart of the Cortez Trend
Slide 2: Cautionary Statements
Cautionary Statements This presentation under no circumstances is to be construed to be an offering of securities of the Company. Neither this presentation nor its delivery to the recipient will constitute an offer to sell, or the solicitation of an offer to buy, the assets and / or securities descr
Slide 3: Cautionary Statements (Cont'd)
Cautionary Statements (Cont’d) Data Verification: The Company through its qualified persons conducts robust data verification on all data disclosed on the mineral properties mentioned in this investor presentation that are considered to be material properties to the Company. Further disclosure relat
Slide 4: A History of Major Discovery Success
A History of Major Discovery Success Westward’s veteran Technical Team have been involved with over a dozen significant Carlin-type gold discoveries in northern Nevada alone West Gen Care & UG(1) Maintenance Saval 2 UG (1) Care & Maintenance Ren Production Advanced Little B. Basin Exploration Leevil
Slide 5: Company Highlights
Cortez Trend Land Package(2) Company Highlights Exploring in Elephant Country Westward has assembled ~70km2 of highly-prospective exploration ground in Nevada across 2 consolidated claim blocks and along two of the world’s most prolific gold belts: the Cortez and Carlin Trends The Company’s flagship
Slide 6: District Comparison: Toiyabe & Cortez
District Comparison: Toiyabe Hills: Tectono-Stratigraphic Column Toiyabe & Cortez Key Geological Characteristics Demonstrate Potential Toiyabe Cortez District District Favourable Carbonate Stratigraphy ✓ ✓ Igneous Dike-Filled Fault Corridors Multiple, District-Scale ✓ ✓ Compressional Events ✓ ✓ Flat
Slide 7: Detailed Geology & Alteration Footprint
Detailed Geology & Alteration Footprint 7
Slide 8: Geophysics: Structural Interpretations
Geophysics: Structural Interpretations Toiyabe Hills: Residual Gravity w/ Structural Interpretations Toiyabe Hills: Horizontal Gradient Residual Gravity w/ Structural Interpretations Subsequent Subsequent land expansion land expansion (72 claims) (72 claims) Note: See footnote (13) on page 3. 8
Slide 9: Combining Datasets to Reduce Risk
Combining Datasets to Reduce Risk Overlaying All Available Exploration Datasets has Revealed a Compelling Opportunity: The Campfire Target Complex Surface Geology / Structures + Geochemical Plume + ZTEM Anomalies Geologic Interpretation Map + Deep Intrusive + Gravity-Identified Lower-Plate Alteratio
Slide 10: Campfire Target Complex: Up-Dip
Campfire Target Complex: Up-Dip 10
Slide 11: Campfire: Down-Dip Targets (Longitudinal Section)
Campfire: Down-Dip Targets Longitudinal Section ✓ Large-Scale target (1.5 x 3km) is indicated by dimensions of structure, and the high- level Carlin-type alteration / geochemical footprint ✓ The Campfire Anticline is a dike-filled fold developed in favourable lower-plate carbonate rocks; down-plunge
Slide 12: Campfire: Down-Dip Targets
Campfire: Down-Dip Targets W-E Cross-Section Multiple Distinct Targets within a Target Complex: Stratigraphic targets beneath the Roberts Mountains Thrust in limbs and axes of antiforms Breccias in pipe-like features Structural targets along the margins of resistivity- modeled pipe-like geometry, an
Slide 13: Campfire: Phase 1 Drilling (Ongoing)
Campfire: Phase 1 Drilling (Ongoing) Summer/Fall 2025 Phase 1 framework drilling is currently on pace to exceed original estimate of 5,000m of RC drilling The Campfire Target Complex has never been drilled previously due to fractured land boundaries and a lack of comprehensive data As such, depth to
Slide 14: Campfire: Vertically-Extensive Decalcification
Campfire: Vertically- Extensive Decalcification Drilling to date reinforces confidence in Westward’s initial interpretations that Campfire is an expansive Carlin-type hydrothermal system both in plan and in the third dimension at depth 14
Slide 15: Campfire Drilling: Early Takeaways
Campfire Drilling: Early Takeaways The 2025 campaign has already revealed significant positive developments prior to assay results Cost-effective RC framework drilling will allow for additionall Phase 1 drilling beyond original 5,000m scope Favourable lower plate carbonate rocks are significantly sh
Slide 16: Target Pipeline: El Segundo
Target Pipeline: El Segundo Proven systematic & multi-disciplinary exploration (mapping, geochemistry, geophysics) has revealed additional exciting greenfield targets, including El Segundo – south of Campfire in the footwall of the Hilltop Corridor where lower plate host strata crop out over broad a
Slide 17: El Segundo Target Cross-Section
El Segundo Target Cross-Section The ability to collar in favourable lower-plate carbonate rocks with mapped compressional features, alteration, and anomalous Carlin-suite elements at surface creates a robust target that can be tested in a cost-effective manner Note: See footnotes (8), (9), (12), (13
Slide 18: Leadership Team
Leadership Team COLIN MOORE | PRESIDENT, CEO & DIRECTOR DR. QUINTON HENNIGH | CHAIRMAN & DIRECTOR Mining finance professional with 15 years of industry experience Internationally-renowned economic geologist with over 25 years of exploration experience and across private equity, investment banking an
Slide 19: Advisory Team
Advisory Team STEVEN R. KOEHLER | TECHNICAL ADVISOR MATTHEW LENNOX-KING | STRATEGIC ADVISOR Economic geologist with over 34 years of gold Corporate executive and geologist with over 25 years of experience in exploration and development experience in Nevada mineral exploration, finance, corporate gov
Slide 20: Capital Structure
Capital Structure Share Price (CSE:WG) C$0.15 52W Low C$0.07 52W High C$0.17 ADV (All exchanges) ~650k sh. Shares Out. (Basic) 229.3M Options (Avg. strike C$0.15) 12.4M Warrants (Avg. strike C$0.13) 145.6M RSUs 7.9M FD Shares Out. 395.2M Market Capitalization C$34.4M Ownership Breakdown Crescat Capi
Slide 21: Carlin Trend Claims
Carlin Trend Carlin Trend Claims Land Package(1) A Complementary Land Position on a Storied Gold-Producing Trend In October of 2022, Westward acquired two additional properties – the Coyote and Rossi Projects – situated along the Carlin Trend The 100%-owned land covers ~9km2, immediately adjacent to