Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Westward Gold Inc C.WG

Alternate Symbol(s):  WGLIF

Westward Gold Inc. is a Canada-based mineral exploration company. The Company is in the business of acquiring, exploring and evaluating mineral resource properties. The Company is focused on developing the Toiyabe, Turquoise Canyon, and East Saddle Projects located in the Cortez Hills area of Lander County, Nevada. The Company's Toiyabe Property consists of 165 unpatented mining claims covering approximately 1,340 hectares of land. The Turquoise Canyon Project consists of approximately holds approximately 188 mining claims. The East Saddle Property lies south of, and contiguous with, both the Toiyabe Property and the Turquoise Canyon Property. The Company also holds 100% interest in the Coyote and Rossi Claim Blocks, located along the Carlin Trend in Elko County, Nevada. The Company's subsidiaries include Momentum Minerals Ltd., Golden Oasis Exploration, and Turquoise Canyon Corp.


CSE:WG - Post by User

Post by EWPeakIMon Jul 12, 2022 12:21pm
161 Views
Post# 34818257

Westward Gold Announces its Inaugural Drill Campaign is Near

Westward Gold Announces its Inaugural Drill Campaign is NearVancouver, British Columbia, July 12, 2022 – Westward Gold Inc. (CSE: WG, OTCQB: WGLIF, FSE: IM50) (“Westward” or the “Company”) is pleased to provide a further update on the Company’s inaugural drill campaign, currently underway at its flagship Toiyabe Project in Lander County, Nevada (“Toiyabe”). The ~4,000- meter program is now in its final stages, with 10 holes completed to date.

Recent Developments
Drilling at the second of four target areas – the Toiyabe Hills North Zone – was completed in the first week of July, with each of the four holes reaching a depth of 1,000 feet / ~305 meters (for additional details on the Toiyabe Hills North Zone, please refer to Westward’s press release dated June 22, 2022). The primary target was a northeasttrending structure – the Toiyabe Hills Fault (the “TH Fault”) – and drilling confirmed its presence along with several other structures across the four holes. Broad zones of decalcification (+15 meters), and intrusive rocks were encountered throughout the drilling. Surface mapping and drill cuttings have confirmed that the TH Fault was a fluid conduit based on the alteration and intrusive rocks observed.

The Company’s management and technical teams were recently on site touring the property and monitoring the campaign’s progress, and met with the drilling crew while hole T2205 was underway (see Figure 1 below). The rig is now currently drilling in the third target area, the Toiyabe-Saddle Down-dip Zone (the “TSD Zone”); the paragraphs that follow detail the rationale for Westward’s exploration targeting there and the geological theories being tested. Three of the holes in the TSD Zone have now been drilled and the rig is mobilizing to the fourth drill pad location.

Shipments of reverse-circulation chip samples have continued in regular intervals, and ALS Ltd. is now in possession of 8 total holes. The Company anticipates receiving assay results from the lab in batches, beginning before the end of August and continuing into September.

full release: https://bit.ly/3cck01n
<< Previous
Bullboard Posts
Next >>