Close up of gold reserves
(Source: Adobe Stock, generated by AI)
  • Westward Gold (CSE:WG) provides an update on its 2024 exploration activities at its Toiyabe Hills land package in Nevada
  • The goal of its programs is to define new high-priority targets along the property
  • A rock-chip sampling program is also ongoing where 143 samples have been submitted for assays
  • Shares of Westward Gold are unchanged at C$0.07

Westward Gold (CSE:WG) provided an update on its 2024 exploration activities at its Toiyabe Hills land package in Nevada.

In a news release, the Vancouver-based company stated the goal of its programs is to define new high-priority targets along the property. Additionally, a rock-chip sampling program is ongoing where 143 samples have been submitted for assays.

The company began collecting soil samples in July across a grid designed to fill in data on previously unsampled ground, including the recently acquired East Saddle Extension Claims.

“Having completed structural transects across this large, consolidated land package, the district-scale opportunities now available to the company become readily apparent,” Kelly Cluer, strategic advisor to Westward Gold, said in a statement.

To date, roughly 1:5000 Anaconda-style geological mapping has covered roughly nine square kilometres, while the current program has moved east and south with the goal of covering the entire land portion.

Westward Gold has so far identified three large alteration zones in upper and lower plate rocks that indicate geological characteristics consistent with Carlin-type gold deposits in the region.

Once Westward Gold has completed the programs, its technical team will use the data to rank drill targets using a proprietary scoring system.

Westward Gold is a mineral exploration company focused on developing the Toiyabe Hills Project in the Cortez Hills area of Lander County, Nevada, and the Coyote and Rossi Projects along the Carlin Trend in Elko County, Nevada.

Shares of Westward Gold (CSE:WG) are unchanged at C$0.07.

Join the discussion: Find out what everybody’s saying about this stock on the Westward Gold Bullboard investor discussion forum, and check out the rest of Stockhouse’s stock forums and message boards.

The material provided in this article is for information only and should not be treated as investment advice. For full disclaimer information, please click here.

(Top imagegenerated by AI: Adobe Stock)


More From The Market Online
ai generated stock image

@ the Bell: Markets stumble into the weekend

Canada’s main stock index faced challenges on Friday as commodity prices declined and mixed signals from US-China trade discussions.
ai generated stock image

@ the Bell: Ongoing tariff drama erodes market confidence

Canada’s main stock index was subdued on Thursday as traders assessed risks of the US administration's fluctuating stance on tariffs.

Canadian esports company reports record Q4 and FY 2024 results

OverActive Media (TSXV:OAM) announced record financial results for the fourth quarter (Q4) and full year (FY) 2024.
Kenneth Hoffman, director of NEO Battery Materials

NEO Battery Materials selects former McKinsey exec as director

NEO Battery Materials (TSXV:NBM) has added Kenneth Hoffman, former McKinsey head of global battery materials, to its board of directors.