Atlassian (US:TEAM) Thenewswireยท2025-09-18 13:00Core Insights - Westward Gold Inc. has identified a fully-preserved, lower-plate-hosted, Carlin-type gold system at the Toiyabe Hills Property, with a plan extent of approximately 1.6km by 1.0km, open in all directions [1][6] - The ongoing drilling campaign has exceeded the initial goal of 5,000 metres due to lower-than-anticipated drilling costs, with 4,506 metres completed across seven drill holes [1][6] - Initial results from drill holes CF25-01 and CF25-02 indicate the presence of anomalous gold and Carlin-type trace element signatures, particularly in decalcified carbonate rocks [6][7] Drilling Program Overview - The Phase 1 framework drilling program aimed to characterize large-scale gold system patterns and answer geological questions, including the architecture of lower-plate carbonate rocks and the presence of Carlin-type alteration [2] - Drilling has confirmed the presence of vertically-extensive decalcification and sulfidized igneous dikes in all holes, with approximately 68% of the drilling metreage in favourable lower-plate rocks [6] Drilling Highlights - All seven drill holes have intersected favourable lower-plate carbonate rocks, with shallower-than-predicted depths and costs below budget [6] - Direct drilling costs averaged US$61/ft (US$200/m), contributing to the decision to exceed the original drilling estimate [6] - Difficult drilling conditions were encountered in several holes, leading to zones of no sample recovery or premature termination of drilling [6] Future Plans - The results from Phase I drilling are expected to set the stage for a future Phase II grade-hunting campaign [3] - The company anticipates that forthcoming results will significantly contribute to vectoring efforts for further exploration [3]