Westward Gold Inc. announced assay results from the first 244.4 meters (802 feet) of vertical diamond drill hole T2301 at the Company's Toiyabe Gold Project in Lander County, Nevada ("Toiyabe"). Key takeaways from the first 244.4 meters of assays: The assays confirm and verify near-surface gold mineralization intersected in historical reverse- circulation ("RC") hole T802; The broader gold system remains open to the north and east for additional testing; Gold mineralization extends into the upper plate siliciclastic rock package in the near-surface environment; and The system produces high-grade gold (>2 g Au/t). Near-surface gold mineralization was confirmed in the upper plate siliciclastic rock package, traditionally a less- favourable gold host versus lower plate carbonate rocks.

Associated with the near-surface upper plate mineralization was oxidation and brecciation, similar to what is observed down-hole in the lower plate carbonate rocks. These lower plate rocks were encountered near the limit of available assays to-date, and continue for the remainder of the hole. One of the key objectives of T2301 was to test carbonate stratigraphy downdip from the near-surface Courtney historical resource; it represents a 295-meter northeast step-out from the closest intersection of the deeper SSD Zone ­ a thick, mineralized deformation zone identified by the Westward technical team.

In addition to assaying for gold, composite samples were analyzed for 36 additional elements via Aqua Regia ICP- ES/MS (1 multielement composite sample comprised of every 10 gold samples submitted). These multi-pulp composites provide first-pass characterizations of trace element geochemistry. Notably, elevated arsenic values were observed near surface, concurrent with the elevated gold values ­ a hallmark of Carlin-style deposits along major Nevada gold trends.

Arsenic values also increased as the intervals approached the contact zone between the upper plate and lower plate rocks, which speaks to the potential for additional gold mineralization as depth increases. The Company is also pleased to provide additional technical information and visual results from beyond 500 meters. The brecciation, decalcification, and oxidation observed and described in that release remains present.

Of particular interest is the increased presence of pervasive clay alteration and oxidation observed at significant depth. An additional 86.9 meters (285 feet) of core from T2301 have been cut and shipped to Bureau Veritas' ("BV") lab in Elko, NV, and Westward expects the quoted turnaround time of ~3 weeks will remain consistent moving forward. BV is operated at arm's length to the Company.

At this time, the decision has been made to end the hole at a total depth of 612 meters (2,008 feet), making it the deepest hole ever drilled in the northeast target area, and third deepest on the entire property. Whereas the geological signs point to the hole remaining in potential favourable host rock, logistics and safety have become increasingly challenging with snow-melt impacting the roads and drill rig. Westward believes that the ~365 meters (~1,200 feet) of altered lower plate carbonate rocks encountered in T2301 will be more than sufficient to test the mineralizing potential of the hydrothermal system at depth and to the northeast.

Approximately 280 meters (~920 feet) of core remain pending delivery to BV and will be shipped within the next 1-2 weeks. Given the relatively short wait times for assays results, the Company will evaluate next steps in terms of targeting once those results have been received and incorporated into the geological model.