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From the CEO

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September 30, 2016

My Latest Visit to Bonaparte


To our Shareholders:

The 2016 bulk sample program continues to move forward, with crews making improved progress each day towards the target zone Grey Jay/Crow vein system. There have been setbacks, of course. Start-ups are never easy, with equipment breakdowns and other issues that are always expected when you begin an underground project. However, we have worked through these challenges while establishing a safe, efficient and well-staffed crew at the Bonaparte camp with the required equipment and support.

On my latest site visit I was quite impressed with the efficiency of our crews, which are now working two shifts per day. We have roughly 10 full time people on site, including underground miners, mechanics, geologists, engineer and camp support staff. It's a busy place with lots of enthusiasm, and morale has come along with each positive development.


Moving Towards the Grey Jay / Crow Vein System
As of late September, including this year's progress since late July, the decline had progressed approximately 200 metres of the initially laid out 360-meter plan. Roughly 160 meters of tunnel are remaining to hit the target zone, the Grey Jay / Crow Vein System, also known as the "Jewel Box" which was the source of the historically produced 1994 bulk sample of 3,700 metric tonnes. We expect to reach this same vein structure sometime in mid-November, down dip of the pit where that bulk sample yielded 3,160 ounces of payable gold from Teck Cominco's Smelter at Trail. Once intersected, the plan is to further define its extents with lateral cross cuts on strike. Other minor veins have been intersected along the decline at expected intervals, confirming dip continuities of other quartz veins and delivering a positive outcome thus far. We will report on further progress soon.

As always, your support of the company is greatly appreciated. I welcome your questions and comments
at any time.

Matt Wayrynen, President & CEO
WestKam Gold Corp.
Matt@westkamgold.com
604.682.3701


 
 
October 21, 2015

Some thoughts on our 2015 drill program


To our Shareholders:

As you may know, we completed our 2015 drill program on the Bonaparte Project in early October. We worked with a limited budget, and I'm very pleased with the way our crews maximized the value of every penny spent.

I think I'm happiest with how we obtained valuable drill core from areas never before drilled at Bonaparte. This core will give us essential new information about the Discovery Zone as well as the area southeast of the Discovery Zone where we encountered copper-gold anomalies in soil sampling in previous exploration. Results will be announced when we get them back from the lab.

Few junior mining companies are able to raise exploration funds in this difficult market. I think our 2015 campaign speaks volumes about the perception of the potential at Bonaparte.

I look forward to sharing the results from this latest drill campaign when they're available.

Please contact me directly if you have any questions.

Matt Wayrynen, President & CEO
WestKam Gold Corp.

604.682.3701


 
 
August 17, 2015

2015 Exploration Program set to begin at Bonaparte Project


I'm happy to report that after identifying several priority drill targets, our exploration crews are ready to begin to the 2015 Exploration Program at Bonaparte.

This year's program will focus on the area south-southwest of the Discovery Gold Zone including targets in the down-dip and southern extensions of the high-grade gold mineralization encountered in quartz veins. We'll also be testing several parallel zones for similar Discovery Zone style mineralization and for copper-gold porphyry type mineralization.

We are proud to have the support of the local Stk'emlupsemc te Secwepemc Nation on the Bonaparte project and are pleased with the latest agreements that have strengthened that relationship.

I'm excited to begin this next stage of advancing the Bonaparte Project and look forward to sharing the results with you in the coming months.

Please contact me if you have any questions.

Matt Wayrynen, President & CEO
WestKam Gold Corp.
matt@westkamgold.com
604.682.3701


 
 
March 26, 2015

Drill targets identified for 2015 Exploration Program


I'm pleased to report that the planning for our 2015 Exploration Program at the Bonaparte Project is progressing nicely with the identification of several priority drill targets. We are looking at a 1,000-meter to 3,000-meter drill program (financing dependent) for this year.

The 2015 Exploration Program will be based on an assessment report of the 2014 program from Coast Mountain Geological, as well as results from the 2013 program. Most exciting will be the chance to further investigate the area south-southwest of the Discovery Gold Zone where previous exploration work has indicated the presence of a multiphase intrusive body favorable for the development of a porphyry-type body.

Most of the property now has excellent road access along the surface trace of the Discovery Gold Zone trend. We plan to contract with local Stk'emlupsemc te Secwepemc Nation companies for work on the program and permitting is already in place.

I'm looking forward to all the possibilities waiting to be uncovered at Bonaparte.

Please contact me if you have any questions.

Matt Wayrynen, President & CEO
WestKam Gold Corp.
matt@westkamgold.com
604.682.3701


 
 
January 20, 2015

Success in 2014, planning for 2015


I'm happy to report that our 2014 exploration at Bonaparte was successful, and we're now considering options for a 2015 drill exploration program. The 2014 program substantially extended the strike length of the high-grade Discovery gold zone trend and expanded the porphyry gold-copper target a further 800 meters to the south. We've also identified a number of new drill targets in both areas.

We expect to have an assessment report of the 2014 program from Coast Mountain Geological later this quarter. Using this assessment, as well as the results from the 2013 program, we'll design a drill program for 2015 which will test the identified targets. This program will be dependent on securing new funding.

Permitting is already in place for further exploration. With recent logging in the area, most of the property now has excellent road access for drill placement. This greatly improved access will save us a substantial amount of money in the exploration budget.

I'm excited about the progress we're making at Bonaparte, and I look forward to sharing more information with you in the coming weeks and months.

Please contact me if you have any questions.

Matt Wayrynen, President & CEO
WestKam Gold Corp.
matt@westkamgold.com
604.682.3701


 
 
December 10, 2014

Results from fall/winter work program out soon


I'm looking forward to the New Year as we expect to get some much-anticipated news in January. The fall/winter work program at our Bonaparte gold project was completed in November, and the team from Coast Mountain Geological is now compiling the results.

We're excited to see what this past season's work can tell us about the bulk-tonnage, porphyry copper-gold potential southwest of the Discovery Zone. Our hope and intent is that the surveys will help locate the limits of the southern extensions of both the Discovery Zone and the porphyry copper-gold target.

I look forward to sharing these revelations about the Bonaparte property and its potential with you in the coming weeks.

Please contact me if you have any questions.

Matt Wayrynen, President & CEO
WestKam Gold Corp.
matt@westkamgold.com
604.682.3701


 
 
October 30, 2014

Fall/Winter Exploration Work Underway


I'm excited at about all the recent activity at our Bonaparte gold project. We began work on the fall-winter exploration program in early October, and we are anticipating some interesting results. Our primary target for this season is the bulk-tonnage, porphyry copper-gold mineralization southwest of the Discovery Zone.

Currently, crews are mapping and prospecting, taking soil samples and initiating 3D IP and magnetic geophysical surveys. The surveys will help locate the limits of the southern extensions of both the Discovery Zone and the porphyry copper-gold target.

Certainly we want to prove our property's potential to the investment world, but it's equally important to involve the surrounding communities. That's why we are so pleased to have been honored with a visit from Dawn Smeeton, representative of the Stk'emlupsemc te Secwepemc (SSN). The SSN is the indigenous entity created by Secwepemc customary law and collectively holds and administers Aboriginal rights of members of the Tk'emlups Indian Band and the Skeetchestn Indian Band. The Bonaparte Property is located on SSN lands. The team from Coast Mountain Geological, along with WestKam advisor Tony Fogarassy, showed Ms. Smeeton the areas under exploration and those parts of the property where exploration is proposed. We hope this visit helped her better understand our objectives for the property.

I look forward to the coming months as we learn more about the Bonaparte property and its potential.

Please contact me if you have any questions.

Matt Wayrynen, President & CEO
WestKam Gold Corp.
matt@westkamgold.com
604.682.3701


 
 
September 12, 2014

Financing Completed, Gearing up for our Fall/Winter Program


I'm happy to report that in August we completed an important financing for our Bonaparte exploration program. This financing raised gross proceeds of $862,000, which included $180,500 in flow-through funding. As a result, we're now ready to begin our fall-winter 2014 exploration program.

Getting to this point took longer than expected, due mainly to market conditions. Few juniors are raising significant amounts of exploration money these days, so we feel fortunate to be forging ahead with the important work we're doing.

The fall/winter campaign will follow up on the successful 2013 program that extended both of Bonaparte's key targets. The 2013 IP survey results suggested the presence of a multi-phase intrusive, and this reinforced Bonaparte's bulk-tonnage, porphyry copper-gold target potential.

The goal of the 2014 program is to further advance and test both the high-grade gold mineralization in quartz veins in the Discovery Zone and other copper-gold porphyry targets. The primary target of the upcoming work will be bulk tonnage, porphyry copper-gold mineralization southwest of the Discovery Zone.

This season's work will include mapping and prospecting; 3D IP and magnetic geophysical surveys; and soil geochemistry. We'll use the results to choose priority, shallow-hole drill targets.

Thanks to all our supporters for helping us move forward and make substantial progress at Bonaparte in the past year.

Please contact me if you have any questions.

Matt Wayrynen, President & CEO
WestKam Gold Corp.
matt@westkamgold.com
604.682.3701


 
 
July 04, 2014

Letter From the CEO


Based on successful results from the 3D IP survey conducted on our Bonaparte Gold Project in September 2013, we're gearing up for more work in the 2014 exploration season. This year's field program at Bonaparte, dependent on successful completion of the financing announced on June 25, will include mapping and prospecting, 3D IP and magnetic geophysical surveys and soil geochemistry.

Last year's work helped extend the exploration target of our high-grade Discovery gold zone. We also located a multi-phase intrusive structure and anomalies indicative of a large, copper-gold porphyry deposit.

Earlier this year, we published a short video explaining the readings of the September 2013 3D IP survey that you can access here. The IP survey readings suggest there may be bigger porphyry targets on the property than were previously understood.

We're excited about the potential of the 2014 program to allow us to further advance and test these two key targets as well as determine future drill targets.

Please contact me if you have any questions.

Matt Wayrynen, President & CEO
WestKam Gold Corp.

604.682.3701


 
 
January 01, 2014

Understanding the Results of our Recent 3D IP Survey


Last month I discussed the success of the 3D IP survey conducted on our Bonaparte project in September 2013. This work extended the exploration target of our high-grade Discovery gold zone and also located a multi-phase intrusive structure and anomalies indicative of a large, copper-gold porphyry deposit.

I realize some of this might be difficult to understand, especially the information about the intrusive structures and anomalies and how these relate to a possible copper-gold porphyry zone. So we've published an explanatory video that you can access here. The video takes just six minutes to view.

The most important thing to take away from this video is that the readings of the IP survey strongly suggest that there are much bigger targets on the property than were previously understood. These are just the kinds of results that geologists look for when trying to locate large, bulk-minable porphyry deposits.

Based on these results, we continue to examine options for the upcoming 2014 season.

Please contact me if you have any questions.

Matt Wayrynen, President & CEO
WestKam Gold Corp.
matt@westkamgold.com
604.682.3701


 
 
December 01, 2013

Fall Exploration at Bonaparte Gives us Many New Targets


WestKam Gold's fall field work at the Bonaparte Gold Project has reached completion, and I'm excited to report that the results align well with our goals for the program: confirming high-grade gold mineralization in quartz veins as well as bulk tonnage porphyry copper-gold mineralization.

The 3D induced polarization (IP) survey, conducted by Coast Mountain Geological Ltd., identified a possible extension of the Discovery gold zone, giving us a sizeable target to explore further in 2014.

Even more exciting, the survey also located a multi-phase intrusive structure and anomalies indicative of a large, copper-gold porphyry deposit. The results go a long way toward confirming the premise examined in a recently published BC Geological Survey report, "Bonaparte gold: another 195Ma porphyry Au-Cu deposit in Southern British Columbia?"

With the fall program completed, Coast Mountain and WestKam are evaluating the data and planning for a 2014 drill program aimed at further testing and advancing the property's porphyry potential and also the Discovery gold zone.

I would like to commend the excellent work done by the team at Coast Mountain Geological. Their skilled handling of the 3D IP survey has resulted in a huge step forward for our Bonaparte Gold Property.

Matt Wayrynen, President & CEO
WestKam Gold Corp.


 
 
November 18, 2013

Bonaparte Exploration in High Gear


WestKam Gold's Fall 2013 Exploration Program at the Bonaparte Gold Project is in high gear, and I'm happy to report that the geological team has made important progress toward meeting our program goals. You can learn more about their work and the vision behind the program's design in our September 24, 2013 news release.

Earlier in the year, through negotiations with the First Nations groups from the Kamloops region, we secured approval of all our necessary permitting requirements for exploration at Bonaparte. Our relationship-building with the Kamloops First Nations groups has proved positive and they are assisting Teranis Consulting, our environmental consulting firm, with our water monitoring for the region as well.

WestKam's main objective for the fall field program is to evaluate the copper-porphyry potential of the Bonaparte property and test for extensions to the shear-hosted, high-grade gold in quartz veins located in the Discovery Zone. To meet that goal, we designed a property-wide program that is more comprehensive and larger than we have conducted previously at Bonaparte.

Our first priority was establishing an exploration grid followed by a 3D Induced Polarization (3D IP) and ground Magnetics survey in order to define drill targets for both porphyry and gold in shear systems. To date, approximately 175 hectares of grid are in place covering the Discovery Zone, upper Cooler Creek Geochem Zone and the main fault/structures. We set up the first 3D IP array swath across the northern-most lines and began firing IP current shots in early October.

The geophysical data processing and modeling is going very well. We are merging our geological modeling with the geophysical results to generate interpretations and targets, with a final refined model expected shortly.

I would like to thank our hard-working team on the ground and in the office, as well as the Kamloops First Nations groups, for all the progress we have made and continue to make at the Bonaparte Gold Project.


Matt Wayrynen, President & CEO
WestKam Gold Corp.


 
 

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