(via TheNewswire)
Key takeaways from T2301:
New zone of
Carlin -type gold mineralization discovered down-section, to the northeast of previously-identified gold mineralization at depth (the “SSD Zone”)Confirmed the mineralizing system continues to produce high-grade gold (>2 g Au/t) near surface and at depth, both gold zones remain open in every direction
The hydrothermally-altered
SSD Zone extends and strengthens to the northeast and gold mineralization is associated with significant oxidation;SSD Zone strike length now increased to 625 metersPervasive vertical alteration of favourable lower plate carbonate host rocks indicates the potential for continuation of the gold system to the north and northeast
Figure 1: Significant Gold Assays – T2301
Note:Hole location (NAD83 UTM 11N): E 523084, N 4432898, Elev. 2335m. Gold intervals reported in Figure 1 were calculated using a 0.14 g Au/t cut-off. Weighted averaging was used to calculate reported intervals. True widths are estimated at 70-90% of drilled thicknesses.
Figure 2: Toiyabe Targeting – Carlin Down-Dip Model Analogue
Hole T2301, the third-deepest ever drilled at Toiyabe, was designed to test for northeast extensions of the recently-identified
Figure 3: Gold Mineralization at Depth Associated with Oxidation
(Note Units Shown in Boxes are Feet)
T2301 is one of the most important holes ever drilled at Toiyabe in that it confirmed many new geological theses developed by the Westward technical team since the property was acquired approximately 2 years ago, notably:
Favourable stratigraphy dips to the northeast, contrary to previous models: through relogging of legacy drill holes and hyperspectral imaging, Westward eliminated the topographical bias that had dominated previous operators’ targeting efforts. T2301, combined with the 2022 reverse-circulation (“RC”) drill campaign, confirmed this thesis (see Figure 4 for an updated cross-section).
The adjacent past-producing
Toiyabe-Saddle Mine and shallow gold mineralization at Toiyabe are near-surface satellite deposits of a larger mineralizing system at depth.The mineralizing hydrothermal system strengthens to the north and east: alteration (including oxidation, silicification, decalcification and brecciation) of the favourable lower plate carbonate rock package occurs over a ~365m interval in T2301 and is more pervasive compared to any previous holes.
The Carlin Down-Dip Model analogue for Toiyabe (see Figure 2 above) remains intact and is supported by results from T2301.
Figure 4: Toiyabe Cross-Section
Click Image To View Full Size
Note:Figure 4 includes modelled drillhole traces and assay data inherited from previous operators, please see disclosure under endnote (1) for additional information.
As the Company continues to move north and east in its efforts to expand upon the strike length of both near-surface gold mineralization and the
Sampling Methodology, Chain of Custody, Quality Control and Quality Assurance “QA/QC”
The Company implemented a best-practices QA/QC program during the drilling campaign. All core cutting and sampling was conducted under the supervision of the Company’s Vice President Exploration or Project Geologist, and the chain of custody from the project to the sample preparation facility was continuously monitored. Samples were transported directly from the company’s core cutting facility in
Core sample intervals were determined based on geological observations from the technical team. Certified standards and blanks were inserted every 10 samples. All samples were analyzed for gold, silver, and 35 additional elements. Assays consisted of fire assay / AAS for gold, and Aqua Regia ICP-ES/MS for geochemistry. The data was reviewed and verified by Westward’s Qualified Person prior to disclosure in any news releases, including this one.
Drill hole deviation was measured by gyroscopic down-hole surveys with tooling provided by REFLEX of
Data Verification
Westward personnel were on site throughout the drill campaign, and oversaw daily operations including the transportation of core boxes to a secure logging and storage facility in
(1) Sources:NI 43-101 Technical Report,
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
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