Phase I Campaign At Campfire Target Complex

VANCOUVER – Westward Gold Inc. reported on the remaining three reverse-circulation (RC) drill holes of 2025 (CF25-08 through CF25-10), detail major takeaways from its +7,000-metre Phase I campaign at the Campfire Target Complex, and outlines next steps at Campfire and the broader Toiyabe Hills Property in Lander County, Nevada. The Company is also pleased to report the additional consolidation of contiguous exploration ground along the strike length of a major north-south mantle-tapping structural feature originally identified via gravity (Hilltop Corridor). Since it’s entrance into the Cortez District in 2021, Westward has grown its land position by over 400%.
Quinton Hennigh, Chairman, said, “I’m proud of what the team accomplished last year; not only did this campaign represent a successful proof of concept on the operational side – sinking 900-metre RC holes into an undrilled Nevada target is no small feat – Campfire itself stood on its merits in this first-pass test. The framework program accomplished exactly what we expected of it and has established a solid foundation and high confidence for focused Phase II drilling. With two additional target zones now advanced to drill-ready status, and more land to feed the exploration pipeline, 2026 is shaping up to be a banner year for Westward.”
Phase I Campfire Drilling wide-spaced framework drilling program was successful in achieving its primary objectives: 1) Determining the third-dimension architecture of favourable stratigraphy: lower-plate carbonate rocks (namely of the Wenban Formation) were reached from 9 of 10 drill sites at shallower-than-anticipated depths; the target area is eminently explorable. 2) Identifying broad zones of Carlin-type alteration in lower-plate carbonate rocks: vertically-extensive decalcification (amongst other alteration types) was logged in every hole that reached the Lower Plate; the significant Carlin-type alteration cell also remains open laterally. 3) Confirming the hydrothermal system is associated with gold and Carlin-suite pathfinder elements: several holes encountered elevated gold (and anomalous arsenic, antimony, mercury and thallium); Phase II drilling will begin vectoring into discrete targets with grade potential. 
New gold zone discovered at Campfire in hole CF25-04, with 10.7 m of 0.94 g Au/t including 3.1 m of 2.50 g Au / t, a significant geochemical vector to be followed up on in 2026.  The Company demonstrated that reverse-circulation (“RC”) drilling at the Property can reach meaningful depths (+900 metres) effectively and efficiently; under-budget all-in costs led to an expanded program. 3D modelling has incorporated all available data (surface / downhole geochemistry, surface / downhole geology and alteration mapping, geophysics and structural data) to reveal priority Phase II targets. Framework drilling footprint will also be expanded in Phase II, including to the north. 
Phase I at Campfire further demonstrated that the entire uplifted section of favourable host rocks west of the Hilltop Corridor is highly prospective for Carlin-type gold exploration; as a result, the Company has expanded its land position to cover more of its strike length.