West Point Gold Completes Initial Exploration Drilling at Frisco Graben Target; Defines Targets for Follow-Up Drilling
West Point Gold Completes Initial Exploration
Drilling at Frisco Graben Target; Defines
Targets for Follow-Up Drilling
Vancouver, British Columbia--(Newsfile Corp. - August 6, 2025) - West Point Gold Corp. (TSXV: WPG)
(OTCQB: WPGCF) (FSE: LRA0) ("West Point Gold" or the "Company") is pleased to announce results
from its initial reverse circulation drill program at the Frisco Graben target in the Company's Gold Chain
Project, Arizona. This release summarizes the results from Holes GC25-53 through -56, a total of
1,092.7 metres, and integrates the results with geophysical, geochemical and hyperspectral studies.
Exploration to date supports West Point Gold's belief that the Frisco Graben is highly prospective for
concealed gold mineralization related to the intersection of the northeast extension of the Tyro structural
corridor and the NW-trending Frisco Mine fault.
Highlights:
The initial four holes, ranging in length from 232 to 329m, encountered anomalous gold values (up
to 0.081 g/t Au) immediately below the Frisco Mine fault.
The rocks drilled within the Frisco Graben are deeply oxidized and altered (kaolinite-silica-
hematite) and continue to highlight the potential for gold mineralization at depth.
Mercury, a traditional indicator metal for gold in low-sulphidation epithermal systems, was
encountered for the first time in meaningful quantities at Gold Chain.
Hyperspectral and geochemical analyses of the drill cuttings suggest that drilling remained in the
'steam-altered' environment up to the Frisco Mine fault above the desired elevation.
Follow-up
drilling will target the Tyro intersection deeper in the system.
The suspected 'boiling zone', which likely encompasses the nearby veins of the Main Tyro zone
and evidently along the extended structure, remains untested at depth at the Frisco Graben.
"
Initial drilling at the Frisco Graben continues to suggest that there is potential for a large-scale gold
system at depth, particularly given that anomalous gold was encountered in the alteration zone, above
where one would expect to find gold mineralization. The Company plans to follow up with deeper
drilling, guided by these results, historical drilling and ongoing studies
", stated Quentin Mai, CEO,
"
The Frisco Graben remains a compelling target that warrants follow-up drilling.
"
Figure 1: Geologic map of the Main Tyro vein and intersection with the Frisco Mine fault
showing geology, alteration and drill holes.
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Figure 2: Schematic Long Section of the Tyro Vein System extending across the Gold Chain
project. Inset box defines area of the Tyro Main vein and the Frisco Graben (see Figures 3, 4 &
7).
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Drill Results Summary
Four RC holes were completed across the intensely altered volcanic and sub-volcanic rocks in the HW of
the Frisco Mine fault near its intersection with the Tyro fault/vein complex (Figure 1). A primary goal of
this drilling was to determine the presence of gold mineralization in the permeable volcanic tuffs and
breccia beneath below the 'steam altered' rocks. Geochemical and subsequent hyperspectral studies
suggest that drilling exited the graben at the Frisco Mine fault and above the desired location and/or
elevation, i.e. the base of the clay-rich alteration or the intersection with the Tyro fault/vein. Consequently,
the 'boiling zone' at the intersection remains untested. Important gold anomalies were encountered up to
0.081 ppm Au in the Precambrian rocks in the footwall of the Frisco Mine fault (Figure 3) and outside of
the 'steam altered' environment.
Drilling in 2025 along the Main and NE Tyro Vein segments (Figure 1) has better defined a structural
corridor hosting a broad, steeply dipping zone of gold-bearing veins, veinlets and breccia up to 200m
below the surface. Drilling across the Northeast Zone has revealed a greater proportion of chalcedony-
calcite-adularia veins with higher gold grades including GC25-47 (50.29m at 3.76 g/t Au).
Continued drilling to the northeast, i.e. Holes GC25-45, -46, -57, -58 and -59, suggest the mineralization
is plunging toward the Frisco Mine fault (Figure 3).
Holes GC25-53 through -56 (Figure 1), drilled across the altered volcanic rocks of the Frisco Graben,
have defined a hydrothermal environment distinct from the one defined along the Main Tyro zone shown
in Figure 2. This distinction is best explained by a component of post-mineral faulting not observed along
the Tyro vein system nor the Frisco Mine fault (Figure 1).
Holes GC25-53 through -56 have traversed a thick succession of high-level, kaolinite-opaline silica-
hematite alteration of a dissected felsic flow dome complex in the HW of the Frisco Mine fault (Figure 2).
Gold is locally, but weakly, anomalous in immediate proximity to the Frisco Mine fault (Figure 3). The
pervasively kaolinite-silica-hematite altered volcanic package in the HW of the fault (Figure 4) contains
elevated mercury (Figure 7) associated with silicification and minor quartz veinlets. These anomalies
appear to be associated with several sub-vertical breccia bodies of likely hydrothermal origin. The floor
of this volcanic package is the Frisco Mine fault below which the Precambrian rocks dominate (host to
the Tyro Vein system). Consideration of the integrated results of magnetometry, radiometrics,
hyperspectal studies and geochemistry, indicate that deeper drilling must be conducted to explore
beneath the barren "lithocap".
Next Steps
The 2025 results support following the Frisco Mine fault to greater depths and below the vapor
dominated environment. The area currently permitted for drilling will need to be expanded to the south (K
anomaly + mag low; Figure 6) and east (below the kaolinite environment) prior to drilling.
Figure 3: Longitudinal perspective, showing gold values in drill holes, of the Main Tyro vein
system relative to 2025 drilling in the adjacent Frisco Graben. The geologic environment
hosting gold mineralization at Tyro likely underpins the steam altered environment of the
Frisco Graben in the hanging wall of the Frisco Mine fault.
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Hyperspectral Survey
Hyperspectral imaging utilizes the VNIR - SWIR (0.4-2.5 μm) wavelength ranges which provide
information to detect the mineralogical composition of outcropping lithological (outcrop, core and
cuttings) units.
Alteration minerals in the SWIR region can be spectrally characterized owing to features
related to Al-OH, Fe-OH, and Mg-OH.
Al-OH (e.g., phyllosilicate minerals such as clays and micas) and
Mg-Fe-OH/CO3
2−
(e.g., carbonate, chlorite, and epidote) alteration minerals associated with gold
mineralization can be detected using hyperspectral imaging sensors' SWIR bands.
Analyses were conducted at the Colorado School of Mines through West Point Gold's membership in
the Center to Advance the Science of Exploration to Reclamation in Mining ("CASERM"). Reverse
Circulation drill cuttings from Holes GC25-53 to -56 were analyzed and kaolinite was chosen to
represent the Frisco Graben subsurface owing to its common presence high in gold systems caused by
the percolation of acidic steam above the boiling zone. Figure 4 clearly shows that the volcanic
sequence drilled is replaced by kaolinite down to the graben's southwest margin, the Frisco Mine fault.
Figure 4: Longitudinal perspective of the Frisco Graben 2025 drill holes showing kaolinite as
the dominant alteration product defined by hyperspectral analyses relative to the Main Tyro
vein system where kaolinite is rarely observed.
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Airmag Survey
West Point Gold conducted a heli-borne triaxial gradio-magnetics survey over the Gold Chain project in
2022. A portion of the survey is presented in Figure 5 showing Residual Magnetic Intensity/Reduced to
Pole over the Main Tyro vein system, the Frisco Mine fault and a portion of the Frisco Graben. In general
terms, epithermal mineral deposits are spatially coincident with magnetic lows (cool colors) owing to the
destruction of magnetite by mineralizing fluids. Magnetic lows may also reflect rhyolite dikes which is
clearly reflected by the White Spar fault in Figure 5 (lower left) which hosts a dike complex. Most
importantly, the Tyro vein system follows an irregular mag low which penetrates the Frisco Mine fault and
occupies a quadrant at the structural intersection.
Figure 5: Residual Magnetic Intensity/Reduced to Pole over the Main Tyro vein system, the
Frisco Mine fault and a portion of the Frisco Graben. The results reveal magnetite destruction
coincident with defined gold mineralization and/or rhyolite intrusives and useful in defining
targets.
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Radiometric Survey
A radiometric survey (K-U-Th) was conducted over the Gold Chain project in conjunction with the high-
resolution aeromagnetic survey in 2022. More specifically, potassium (K) was chosen to highlight an
anomaly in the HW of the Tyro and Frisco Mine faults at their intersection a few hundred metres northeast
of the Tyro mine (Figure 6). The anomaly closely correlates with a strongly altered, sub-volcanic felsic
body. The anomaly may reflect high potassium related to an intrusive or K in adularia- or illite-bearing
rocks.
Figure 6: Potassium (K) enrichment in the hanging wall of the Frisco Mine fault may reflect
adularia above a concealed deposit or a K-rich intrusive phase.
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Mercury (Hg) Geochemistry
Mercury (Hg) analyses of the drill samples for all Tyro and Frisco holes are plotted below (Figure 7).
Emphasis is placed on relatively high Hg values in the Frisco Graben (steam heated) environment
relative to Tyro Vein system (boiling zone).
Globally, numerous examples exist in defined/known
epithermal districts where Hg is partitioned into the vapor phase of gold-related hydrothermal events.
Figure 7. Longitudinal view of the Main Tyro vein system -Frisco Graben area revealing
relatively high mercury in the volcanic complex situated in the HW of the Frisco Mine.
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Qualified Person
Robert Johansing, M.Sc. Econ. Geol., P. Geo., the Company's Vice President, Exploration, is a qualified
person ("QP") as defined by NI 43-101 and has reviewed and approved the technical content of this
press release. Mr. Johansing has also been responsible for overseeing all phases of the drilling
program, including logging, labelling, bagging and transport from the project to American Assay
Laboratories of Sparks, Nevada. Drillholes have a diameter of 15cm, and samples have an approximate
weight of 3 to 5kg.
Samples were then dried, crushed and split, and pulp samples were prepared for
analysis. Gold was determined by fire assay with an ICP finish, and over-limit samples were determined
by fire assay and gravimetric finish. Silver plus 15 other elements were determined by Aqua Regia ICP-
AES (IM-2A16), and over-limit samples were determined by fire assay and gravimetric finish. Both
certified standards and blanks were inserted on site along with duplicates, standards and blanks
inserted by American Assay. The results summarized above have been carefully reviewed with reference
to the QA/QC results. Standard sample chain of custody procedures were employed during drilling and
sampling campaigns until delivery to the analytical facility.
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:
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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.
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