West Point Gold Intersects 41.15m of 0.83 g/t Au and 22.86m of 1.43 g/t Au at Gold Chain Project, Arizona
West Point Gold Intersects 41.15m of 0.83 g/t
Au and 22.86m of 1.43 g/t Au at Gold Chain
Project, Arizona
Vancouver, British Columbia--(Newsfile Corp. - April 3, 2025) - West Point Gold Corp. (TSXV: WPG)
(OTCQB: WPGCF) (FSE: LRA0) ("West Point Gold" or the "Company") is pleased to announce the
most recent drill results from its ongoing drill program at the Tyro Main Zone, Gold Chain Project,
Arizona. This release contains the assays for three reverse circulation drill holes, GC25-37, GC25-40
and GC25-41, totaling 548.6m.
Highlights:
Hole GC25-37 intersected 41.15m of 0.83 g/t Au, including 28.96m of 0.98 g/t Au and 1.52m of
5.47 g/t Au.
Hole GC25-41 intersected 10.67m of 1.86 g/t Au, including 1.53m of 10.87 g/t Au.
GC25-41 also intersected mineralization in a separate zone higher in the system, returning 22.86m
of 1.43 g/t Au, including 3.05m of 4.56 g/t Au.
Results continue to suggest that mineralization is much broader than initially thought. As a maiden
resource definition program drill holes were strategically placed between or beneath previous
drilling and expanded the mineralized zone to depth (Figure 1).
Tyro Main Zone is open at depth, northeast towards Frisco Graben, and southwest.
Assays are pending for an additional 11 completed drill holes (approximately 1,720m), and the drill
program is ongoing.
"The 2025 drill program continues to demonstrate the potential of Tyro is at least in line, if not better,
than the previously announced exploration target at grades that remain significantly above the
nearest operating open-pit mine",
stated CEO Quentin Mai.
"Our ability to expand the current drill
program to 5,000 metres, based on recent warrant exercises, should provide a steady stream of drill
results over the next two months or so as the ongoing drill program moves the Company closer to a
maiden resource at Tyro."
Figure 1: Preliminary Tyro Main Zone Long Section showing results from the 2025 RC drill
program, previous drill results, trenches and 200 Level Sampling
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5717/247187_8a01cbba944f1ab1_002full.jpg
Notes:
Drill holes GC21-13 to GC21-16 released October 25, 2021 (
link here
)
Underground chip-channel sampling results released April 28, 2022 (
link here
)
Drill holes GC23-23 to GC23-28 released February 28, 2023 (
link here
)
Surface trench results released July 11, 2024 (
link here
)
Drill holes GC24-30 to GC24-31 released January 15, 2025 (
link here
) and updated February 24, 2025 (
link here
)
Drill holes GC24-29, GC24-32 to GC24-36 released January 23, 2025
(link here
) and updated February 24, 2025 (
link here
)
Drill holes GC25-38 and GC25-39 released March 19, 2025 (
link here
)
Table 1: Drill Results
Holes
From (m)
To (m)
Width (m)
Grade (g/t Au)
GC25-37
50.29
91.44
41.15
0.83
incl.
53.34
82.30
28.96
0.98
incl.
79.25
80.77
1.52
5.47
GC25-40
146.30
178.31
32.01
0.17
GC25-41
92.96
103.63
10.67
1.86
incl.
92.96
94.49
1.53
10.87
and
141.73
164.59
22.86
1.43
incl.
147.83
161.54
13.71
1.83
incl.
156.97
160.02
3.05
4.56
Notes:
All widths shown are downhole; true width is approximately 60-70% of downhole width.
Figure 2: Plan View of Tyro Main Zone Showing Drill Holes, Trenches and Surface Samples
(gold)
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5717/247187_8a01cbba944f1ab1_003full.jpg
Summary
The H1 2025 drill program has been designed to provide the data necessary for a potential maiden
resource from the Tyro Main Zone while at the same time increasing the Company's understanding of the
mineralization. The program is currently planned for 5,000m but may expand based on success and
available funds. The results in this release are from three holes (548.6m), an additional 11 drill holes
have been completed, and assays are pending (1,720m). Drilling is ongoing.
A key takeaway from these holes is the through-going swarm of sub-parallel quartz-calcite-adularia veins
enveloped by broad zones of quartz stockwork which comprise the Main Tyro zone. Increased drill hole
density permits the improved definition of the host rocks, structural controls, vein-related alteration and
grade variability. Gold grades exceeding the target grade (plus 2 g/t Au) continue to appear over
meaningful widths with multiple plus 5 g/t Au intervals within the results.
Hole GC25-37
Hole GC25-37 was drilled between and below Holes GC23-23 and GC23-24 (Figure 1). Results from
this hole continue to demonstrate a several-metre-wide hydrothermal breccia, partially developed on the
Tyro 200 Level, hosted within a broad envelope of quartz stockwork. These mineralized packages are
defined by strong propylitic alteration and moderate to strong silicification.
Figure 3: Hole GC25-37 Cross Section
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5717/247187_figure3.jpg
Hole GC25-40
This hole was drilled about 80 metres beneath hole GC24-30 (89.5m at 1.08 g/t Au) and over 120
metres beneath the Tyro Mine 200 Level. Despite having similar geologic characteristics and
intersecting a wide zone of quartz veining, weaker gold values were encountered than the hole above.
Closer inspection of hole GC24-30 (core) and surface geologic mapping, a south-dipping, low angle
(~35
o
) fault projects between the two holes on this section (Figure 4) and merits closer inspection.
Additionally, hole GC25-37 traversed considerable widths of metamorphic rocks (i.e. amphibolite and
garnet gneiss) which may impact fracture development. The Company believes that further drilling in this
area is required since the metamorphic rocks are restricted in the extent and interpreted to be xenoliths.
Figure 4: Hole GC25-40 Cross Section
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5717/247187_figure4.jpg
Hole GC25-41
This hole was drilled about 60 metres beneath hole GC24-31 (50.63m at 0.53 g/t Au) and over 85
metres beneath the Tyro Mine 200 Level. This hole revealed multiple zones of mineralization within a
broad zone of quartz veinlets; the overall width of the veining is similar to the nearby holes, but higher
grades are reporting to footwall and hanging wall structure, returning distinct footwall and hanging wall
zones within the structure hosting Tyro. The local presence of amphibolite lenses within the granitic
terrain may have a bearing on the vein's structural behaviour.
Figure 5: Hole GC25-41 Cross Section
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5717/247187_figure5.jpg
Figure 6: Looking North at the Historical Tyro Open-Pit
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5717/247187_8a01cbba944f1ab1_007full.jpg
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.
Samples were then dried, crushed and split, and pulp samples were prepared for
analysis. Gold was determined by fire assay with an ICP finish, 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), 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. 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:
Stay Connected with Us:
LinkedIn:
linkedin.com/company/west-point-gold
X (Twitter):
@westpointgoldUS
Facebook:
www.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.
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