Projects

Overview

The Nevada Projects

Westward has assembled a 3,830-hectare land package, comprised of three projects in the heart of Nevada’s Battle Mountain-Eureka Gold Trend, one of the most prospective mining districts in the world

TOIYABE PROJECT An advanced exploration asset with past drilling, active drill permits in place, and high -grade intervals (2021, Cameron)(1)

TURQUOISE CANYON PROJECT Greenfield property with moderate -stage exploration including soil and rock chip sampling, IP and gravity surveys, and airborne hyperspectral, demonstrating geological characteristics trending eastward from the Toiyabe Project

EAST SADDLE PROJECT Newly -acquired ~800 -hectare property adjacent and to the south of the Toiyabe and Turquoise Canyon Projects, with favourable geological characteristics as seen at Toiyabe

The fully-contiguous properties sit a short distance away from some of Barrick Gold / Nevada Gold Mines’ largest mines and deposits, including Cortez, Cortez Hills, Pipeline, Goldrush, and Four Mile.

Westward Gold is positioned for growth through exploration success and acquisition; tight share structure, strong insider holdings & upcoming catalysts.

(1) NI 43-101 Technical Report, IM Exploration Inc., Prepared by Donald E. Cameron, P.Geo, August 5, 2021;


 

A District Play

Westward holds a dominant, district-scale land position in the area, surrounded by major mining companies and private equity funds.

The three properties lie adjacent to Barrick’s past-producing Toiyabe-Saddle Mine to the north and east, and the claims cover the majority of an exposed carbonate window and associated thrust faults over a combined 5km+ strike length.

Westward is using its vast technical database and leading-edge technology (including aerial and core hyperspectral imaging analysis) to improve and optimize targets. The contiguous land position has never been consolidated or systematically explored using modern techniques.


 

A World Class Mining Jurisdiction

  • The most prolific mining jurisdiction in the world: Nevada boasts the most gold production per square kilometer.(1)
  • World-class gold deposits: 4 of the top 10 gold mines in North America by production are located in Nevada (more than any other state or province).(2)
  • Safest jurisdiction to invest in: Based on the Fraser Institute’s annual survey (2020), Nevada ranks #1 on their Investment Attractiveness Index (87 tracked jurisdictions around the world).
  • New tier-1 discoveries: Despite having a long history of mining, much of the state remains under-explored
  • Significant M&A activity: Acquirers have historically looked to Nevada as a prime target for growth; recent transactions include:
    • AngloGold / Corvus (US$370M) – announced (2021)
    • First Majestic / Jerritt Canyon (US$470M) (2021)
    • Endeavour Silver / Bruner Gold Project (US$10M) (2021)
    • Barrick / Newmont Joint Venture (2019)
1) Source: USGS, Nevada Exploration Inc.
2) Source: SNL Financial