West Point Gold Expands Gold Chain Land Package by 30%
West Point Gold Expands Gold Chain Land
Package by 30%
Vancouver, British Columbia--(Newsfile Corp. - February 19, 2025) - West Point Gold, (TSXV: WPG)
(OTCQB: WPGCF) (FSE: LRA0) ("West Point Gold" or the "Company") is pleased to announce that it
has staked an additional 113 lode claims on Bureau of Land Management ("BLM") land at its Gold
Chain Project in Arizona. The Gold Chain project now consists of 492 lode claims on BLM land covering
9,840 acres (3,982 hectares) and 15 patented claims, covering a total of 282 acres (114 hectares). The
new claims expand the Gold Chain project to the northwest along the regionally important Union Pass
Fault where it merges with the Frisco Mine Fault which forms the southwest limit of the Frisco Graben
(Figure 1).
"This expanded area adds additional large-scale targets at Gold Chain. While our near-term focus
remains on the Tyro Main Zone, we plan to continue advancing the many targets on the project to
determine the scale potential of Gold Chain,"
stated Quentin Mai, CEO,
"The highest priority targets
are the Tyro Extensions to the South (Sunset and Sunrise Veins) and the Frisco Graben to the North,
which are expected to be the next targets drilled."
Figure 1: Gold Chain Project Claim Map with Geology
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5717/241428_wpgimg1.jpg
New Claims Added on the Northwest of Gold Chain
These new claims (Figure 1) mostly cover the northwest extension of a major NNW-trending structural
corridor which hosts numerous rhyolite flow domes, rhyolite dikes, local volcanic centers and several
underexplored gold occurrences in the Black Mountain range. This structural corridor, referred to as the
Union Pass fault, is a broad zone of parallel structures including the Frisco Mine fault which is the primary
target at the Company's Frisco Graben target. In brief, this fault zone defines the northern boundary of the
Katherine Horst where Miocene volcanic rocks have been offset and juxtaposed onto Precambrian rocks
(Figure 1). The corridor has been invaded by rhyolite dikes and subsequently mineralized by several
quartz events including up to three stages of gold bearing quartz events. Preliminary mapping and
sampling have revealed broad zones of quartz veining in the Precambrian rocks and local hydrothermal
breccia bodies. The mineralized zone has been roughly defined over 7 kilometres where it disappears
under Quaternary gravel to the west. Numerous pits and small shafts (<20m) have been identified and
testify to the presence of gold mineralization. Previous sampling has returned up to 2.07 g/t Au.
The inclusion of this highly prospective structural corridor into the Company's exploration portfolio
provides a very accessible, likely shallow target. Next steps include mapping and sampling of the quartz
veining and breccia bodies to better define near-term targets.
Qualified Person / Quality Control and Quality Assurance
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 been responsible for all phases of work conducted to date at Gold
Chain by Gold79.
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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FORWARD-LOOKING STATEMENTS:
This press release may contain forward-looking statements that are made as of the date hereof and
are based on current expectations, forecasts and assumptions which involve risks and uncertainties
associated with our business, including any future private placements, the uncertainty as to whether
further exploration will result in the target(s) being delineated as a mineral resource, capital
expenditures, operating costs, mineral resources, recovery rates, grades and prices, estimated goals,
expansion and growth of the business and operations, plans and references to the Company's future
successes with its business and the economic environment in which the business operates. All such
statements are made pursuant to the 'safe harbour' provisions of, and are intended to be forward-
looking statements under, applicable Canadian securities legislation. Any statements contained
herein that are statements of historical facts may be deemed to be forward-looking statements. By
their nature, forward-looking statements require us to make assumptions and are subject to inherent
risks and uncertainties. We caution readers of this news release not to place undue reliance on our
forward-looking statements as a number of factors could cause actual results or conditions to differ
materially from current expectations. Please refer to the risks set forth in the Company's most recent
annual MD&A and the Company's continuous disclosure documents, which can be found on SEDAR
at
www.sedarplus.ca
. West Point Gold does not intend, and disclaims any obligation, except as
required by law, to update or revise any forward-looking statements whether as a result of new
information, future events or otherwise.
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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