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Westward Gold Inc.
WGLIFBasic MaterialsOTCCA
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SSD is one of three high-priority target areas to be tested with RC and core drilling in 2026 on the Company's 84-square-kilometre Property Systematic exploration has expanded the SSD Target's plan dimensions and improved the Company's understanding of mineralization controls
Vancouver, British Columbia, April 23, 2026 – TheNewswire – Westward Gold Inc. (CSE: WG, OTCQB: WGLIF, FSE: IM50) (“Westward” or the “Company”) announces that it has adopted a semi-annual financial reporting ("SAR") framework, effective immediately. This news release is being issued and filed pursuant to British Columbia Securities Commission Coordinated Blanket Order 51-933 Exemptions to Permit Semi-Annual Reporting for Certain Venture Issuers ("CBO 51-933"). CBO 51-933 allows eligible venture issuers to voluntarily move from a quarterly to a semi-annual financial reporting framework. The Company's fiscal year ends on March 31. Under the provisions of CBO 51-933, the Company will be exempt from the requirements to file Q1 and Q3 financial statements and associated management's discussion and analysis ("MD&A") for so long as it continues to meet eligibility criteria under CBO 51-933. Accordingly, Westward will not be filing its interim financial statements and associated MD&A for the three months ended June 30, 2026. The Company will also not be required to file any interim financial statements and associated MD&A for any subsequent quarters ended June 30 and December 31 in each financial year. Andrew Nelson, Westward Chief Financial Officer, noted: “The decision to transition to semi-annual reporting is consistent with Westward's commitment to capital management and efficiency; this will enable our small team to focus on core business activities while reducing certain overhead costs including professional and legal fees, and regulatory filing expenses. As an exploration-stage, non-revenue-generating company, we believe semi-annual reporting will continue to provide adequate disclosure to investors as to our financial standing. Updating the market regarding project advancement, operations, and strategic developments will remain a top priority for Westward.”
Property-wide drone magnetic survey flown at the end of 2025 indicates a buried intrusive centre near the previous northern boundary of Toiyabe Hills Intrusions of this geophysical nature and geologic setting are key features of the largest Carlin-style gold camps in Nevada; t he Company immediately identified and secured available ground to the north
Phase I framework drilling at Campfire confirmed a vertically- and laterally-extensive hydrothermal system containing a new Carlin-type gold zone; Phase II to focus on grade-hunting and framework expansion Toiyabe Hills Property expanded by 110 claims, now covers approximately 70 km 2 (847 claims) and a strike length of 13 km along the Hilltop Corridor, a district-scale north-south mineralization control
