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A total of 353 surface rock chip samples were collected and visually logged, with locations mapped in Figure 1 below:
Toiyabe Project : 29 samples collectedTurquoise Canyon Project : 182 samples collectedEast Saddle Project : 142 samples collected
Figure 1: Location Distribution of Surface Rock Chip Samples Collected in 2023
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Note: Samples collected in the 9-claim gap between
A total of 606 soil samples with 100-meter spacings were also collected at the
Figure 2: Location Distribution of Soil Samples Collected in 2023
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All rock chip and soil samples will be analyzed for gold and multi-element pathfinders. Assay results received in conjunction with field observations will be used to prioritize areas for future mapping with detailed Anaconda-style folios. These folios will compliment the existing Anaconda-style maps previously completed on high-priority areas of the
Figure 3: Location of Highlighted Rock Chip Samples from the
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Figures 4 – 8: Notable
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Figure 9: Location of Highlighted Rock Chip Samples from the
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Commenting on the
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Sampling Methodology & Quality Assurance / Quality Control (“QA/QC”)
The Company implemented a best-practices QA/QC program throughout the duration of the field program. All rock chip samples were collected by VP Exploration
Corporate Update
In addition to ongoing modeling work and new target delineation following the 2023 field season, which is now coming to a close, the Company continues to evaluate several external growth opportunities via mergers and acquisitions. These opportunities may include both asset-level and corporate-level transactions, with the goal of delivering long-term upside to shareholders.
Company representatives will also be in
Option & Restricted Share Unit Grant
In addition, the Company announces that its
Qualified Person
The technical information contained in this news release was reviewed and approved by
About
For further information contact:
President, CEO & Director
colin@westwardgold.com
www.westwardgold.com
The Canadian Securities Exchange has neither approved nor disapproved the contents of this news release. The Canadian Securities Exchange does not accept responsibility for the adequacy or accuracy of this news release.
This news release contains or incorporates by reference “forward-looking statements” and “forward-looking information” as defined under applicable Canadian securities legislation. All statements, other than statements of historical fact, which address events, results, outcomes, or developments that the Company expects to occur are, or may be deemed, to be, forward-looking statements. Forward-looking statements are generally, but not always, identified by the use of forward-looking terminology such as "expect", "believe", "anticipate", "intend", "estimate”, “potential”, “on track”, “forecast", "budget", “target”, “outlook”, “continue”, “plan” or variations of such words and phrases and similar expressions or statements that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved or the negative connotation of such terms.
Such statements include, but may not be limited to, information as to strategy, plans or future financial or operating performance, such as the Company’s expansion plans, project timelines, expected drilling targets, and other statements that express management’s expectations or estimates of future plans and performance.
Forward-looking statements or information are subject to a variety of known and unknown risks, uncertainties and other factors that could cause actual events or results to differ from those reflected in the forward-looking statements or information, including, without limitation, the need for additional capital by the Company through financings, and the risk that such funds may not be raised; the speculative nature of exploration and the stages of the Company’s properties; the effect of changes in commodity prices; regulatory risks that development of the Company’s material properties will not be acceptable for social, environmental or other reasons, availability of equipment (including drills) and personnel to carry out work programs, that each stage of work will be completed within expected time frames, that current geological models and interpretations prove correct, the results of ongoing work programs may lead to a change of exploration priorities, and the efforts and abilities of the senior management team. This list is not exhaustive of the factors that may affect any of the Company’s forward-looking statements or information. These and other factors may cause the Company to change its exploration and work programs, not proceed with work programs, or change the timing or order of planned work programs. Additional risk factors and details with respect to risk factors that may affect the Company’s ability to achieve the expectations set forth in the forward-looking statements contained in this news release are set out in the Company’s latest management discussion and analysis under “Risks and Uncertainties”, which is available under the Company’s SEDAR profile at www.sedar.com. Although the Company has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be as anticipated, estimated, described or intended. Accordingly, readers should not place undue reliance on forward-looking statements or information. The Company’s forward-looking statements and information are based on the assumptions, beliefs, expectations, and opinions of management as of the date of this press release, and other than as required by applicable securities laws, the Company does not assume any obligation to update forward-looking statements and information if circumstances or management’s assumptions, beliefs, expectations or opinions should change, or changes in any other events affecting such statements or information.
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