West Point Gold Announces Gold Chain Share Payment
West Point Gold Announces Gold Chain Share
Payment
Vancouver, British Columbia--(Newsfile Corp. - August 29, 2025) - West Point Gold Corp.
(TSXV: WPG)
(OTCQB: WPGCF) (FSE: LRA0) ("West Point Gold" or the "Company") announces that the Company
intends to issue 129,698 common shares of the Company in connection with a US$32,000
(CAD$44,227) share payment due under the option agreement covering a portion of the Company's
landholdings for the Gold Chain project in Arizona.
The common shares issued will have a statutory hold period of four months and one day from the date of
issuance. This shares-for-debt transaction remains subject to TSX Venture Exchange approval.
About West Point Gold Corp.
West Point Gold Corp. (formerly Gold79 Mines Ltd.) is a publicly listed company focused on gold
discovery and development at four prolific Walker Lane Trend projects covering Nevada and Arizona,
USA.
West Point Gold is focused on developing a maiden resource at its Gold Chain project in Arizona,
while JV partner Kinross is advancing the Jefferson Canyon project in Nevada.
For further information regarding this press release, please contact:
Aaron Paterson, Corporate Communications Manager
Phone: +1 (778) 358-6173
Email:
Stay Connected with Us:
LinkedIn:
linkedin.com/company/west-point-gold
X (Twitter):
@westpointgoldUS
Facebook:
facebook.com/Westpointgold/
Website:
westpointgold.com/
FORWARD-LOOKING STATEMENTS:
Certain statements contained in this press release constitute forward-looking information. These statements relate to future events or future
performance. Forward-looking statements include estimates and statements that describe the Company's future plans, objectives or goals, including
words to the effect that the Company or management expects a stated condition or result to occur. The use of any of the words "could", "intend",
"expect", "believe", "will", "projected", "estimated" and similar expressions and statements relating to matters that are not historical facts are intended
to identify forward-looking information and are based on the Company's current belief or assumptions as to the outcome and timing of such future
events including, among others, assumptions about future prices of gold, silver, and other metal prices, currency exchange rates and interest rates,
favourable operating conditions, political stability, obtaining government approvals and financing on time, obtaining renewals for existing licenses and
permits and obtaining required licenses and permits, labour stability, stability in market conditions, availability of equipment, availability of drill rigs, and
anticipated costs and expenditures. The Company cautions that all forward-looking statements are inherently uncertain, and that actual performance
may be affected by a number of material factors, many of which are beyond the Company's control. Such factors include, among other things: risks
and uncertainties relating to West Point Gold's ability to complete any payments or expenditures required under the Company's various option
agreements for its projects; and other risks and uncertainties relating to the actual results of current exploration activities, the uncertainties related to
resources estimates; the uncertainty of estimates and projections in relation to production, costs and expenses; risks relating to grade and continuity
of mineral deposits; the uncertainties involved in interpreting drill results and other exploration data;
the potential for delays in exploration or
development activities; uncertainty related to the geology, grade and continuity of mineral deposits; the possibility that future exploration,
development or mining results may vary from those expected; statements about expected results of operations, royalties, cash flows, financial
position may not be consistent with the Company's expectations due to accidents, equipment breakdowns, title and permitting matters, labour
disputes or other unanticipated difficulties with or interruptions in operations, fluctuating metal prices, unanticipated costs and expenses,
uncertainties relating to the availability and costs of financing needed in the future and regulatory restrictions, including environmental regulatory
restrictions. The possibility that future exploration, development or mining results will not be consistent with adjacent properties and the Company's
expectations; operational risks and hazards inherent with the business of mining (including environmental accidents and hazards, industrial
accidents, equipment breakdown, unusual or unexpected geological or structural formations, cave-ins, flooding and severe weather); metal price
fluctuations; environmental and regulatory requirements; availability of permits, failure to convert estimated mineral resources to reserves; the
inability to complete a feasibility study which recommends a production decision; the preliminary nature of metallurgical test results; fluctuating gold
prices; possibility of equipment breakdowns and delays, exploration cost overruns, availability of capital and financing, general economic, political
risks, market or business conditions, regulatory changes, timeliness of government or regulatory approvals and other risks involved in the mineral
exploration and development industry, and those risks set out in the filings on SEDAR+ made by the Company with securities regulators. Although
the Company believes that the assumptions and factors used in preparing the forward-looking information in this corporate press release are
reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can
be given that such events will occur in the disclosed time frames or at all. The Company expressly disclaims any intention or obligation to update or
revise any forward-looking statements whether as a result of new information, future events or otherwise, other than as required by applicable
securities legislation.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this release.
To view the source version of this press release, please visit
https://www.newsfilecorp.com/release/264401