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Westward Gold Identifies New Gold Zone at Campfire

Vancouver, British Columbia — November 5, 2025 — Leads & Copy — Westward Gold Inc. (CSE: WG, OTCQB: WGLIF, FSE: IM50) has announced results from two reverse-circulation drill holes (CF25-03 and CF25-04) and provided an update on its ongoing 2025 drilling campaign at its Toiyabe Hills Property in Lander County, Nevada. The framework drilling strategy has identified a vertically-extensive hydrothermal system and a new Carlin-type gold zone at Campfire. Early results include a new gold zone of 10.7m of 0.94 g Au/t, including 3.1m of 2.50 g Au/t in hole CF25-04. All samples continue to be sent to Paragon Geochemical Services Inc. for gold and multi-element analysis.

Kelly Cluer, Director, noted a 39-metre zone in the Wenban Formation containing elevated gold, arsenic, antimony and mercury, which also included 3 metres of 2+ g/t gold, caught her attention. She said this is precisely what they’ve been hoping to see at this early stage: geochemical evidence of a system that can produce both tonnage and grade, and they were rewarded in that regard in only the fourth hole back from the lab. Cluer also stated this is a brand-new gold zone at Toiyabe Hills, essentially stumbled into with a wide-spaced drilling array. She said she’s more excited than ever to see what comes from the entire 2025 Campfire framework drilling campaign, and what targets will emerge as they digest all the downhole data over the winter.

Key drilling highlights at the Campfire Complex:

The 10.7m of 0.94 g Au/t, including 3.1m of 2.50 g Au/t, in hole CF25-04 is associated with decalcified, quartz and dolomite veined silty limestone of the Wenban Formation. Arsenic, antimony and mercury – elements typically associated with Carlin-type gold systems – are elevated in this gold zone. Additionally, a 132m-thick shear zone containing strong/pervasive decalcification, quartz veining and/or selvages of silicification, discrete zones of oxidation, and elevated sooty sulfides was intersected from approximately 567m to 700m downhole. This structural zone is reminiscent of blind compressional structures that are well-documented controls for Carlin-type gold systems throughout the neighboring Cortez District.

The 3.1m interval of 0.67 g Au/t in hole CF25-03 is hosted in decalcified, silicified, sooty pyrite-bearing silty limestone of the Wenban Formation. Elevated arsenic, antimony and mercury values are also characteristic of this gold zone.

The gold intervals in holes CF25-03 and -04 represent a new zone of gold at the Toiyabe Hills Project.

Nine of eleven holes have intersected favorable lower-plate carbonate rocks (see Table 1) at direct drilling costs that are below budget at US$64 / foot. Of the ten holes collared in upper-plate rocks, eight intersected lower-plate rocks at shallower-than-anticipated depths. Vertically-extensive decalcification, an alteration type characteristic of Carlin-type gold systems, and sulfidized igneous dikes have been observed in all holes. Approximately 59% of the Phase 1 drilling metreage has been in favorable lower-plate rocks.

Drilling has confirmed a fully-preserved, lower-plate-hosted, Carlin-type gold system over a plan extent of approximately 1.6km by 1.0km. The hydrothermal alteration cell at Campfire remains open in all directions and at depth.

The framework drilling at Campfire has set Westward on a clear path to planning a 2026 Phase II drill campaign. The Company is developing solid subsurface geologic models that demonstrate lower-plate host strata is within easy reach and dipping gently to the NNE. Significant faults and mineralized dikes with known dip and within robust alteration zones can be projected into the best host rocks to target discrete structural intersections where grade is likely to increase. This is the grade hunting phase.

Difficult drilling conditions were encountered in drill holes CF25-01, -03, -05, -06, -09 and -09A, which resulted in either zones of no sample recovery or holes being terminated prior to fully testing the intended target.

Contact:
Andrew Nelson
Chief Financial Officer
Westward Gold Inc.
+1 (604) 828-7027
andrew@westwardgold.com

Source: Westward Gold Inc.

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