Post by
EWPeakIM on Jul 12, 2022 12:21pm
Westward Gold Announces its Inaugural Drill Campaign is Near
Vancouver, 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