West Point Gold Drills 32.0m of 2.01 g/t Au; Expands Defined High Grade Zone North to 190 metres of Strike
June 17, 2025 7:00 AM EDT | Source: West Point Gold Corp.
Vancouver, British Columbia--(Newsfile Corp. - June 17, 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 recently completed reverse circulation drill program at the Tyro Main Zone, Gold Chain Project, Arizona. This release contains the assays for drill holes GC25-57 and GC25-58, totalling 301.7 metres ("m").
Highlights:
- High-grade zone at the northeast end of Tyro increased to 190m strike length, from 100m. Mineralization is from surface, and remains open at depth and to the north.
- Hole GC25-58 intersected 32.0m of 2.01 g/t Au, including 1.5m of 26.7 g/t Au, extending the northeast Tyro high-grade zone about 90m north of GC25-49 (62.5m at 4.73 g/t Au).
- Hole GC25-57 intersected 13.8m of 3.16 g/t Au, including 7.6m of 4.31 g/t Au, about 50m northeast of GC25-49 and closer to surface mineralized exposures.
- Assays are pending for an additional 10 completed drill holes (approximately 2,458m).
"These results expand the width of the recently defined high-grade zone at northeast Tyro to 190 metres, and the overall Tyro Main Zone remains open, north towards the Frisco Graben. Significantly, grades at northeast Tyro appear to be improving at depth", stated CEO Quentin Mai. "In the next drill campaign, we plan to focus on the northeast Tyro segment where high-grade gold mineralization remains open to the northeast and at depth."
Figure 1: Long Section of the Tyro Main Zone
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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)
- Drill holes GC25-37, GC25-40 and GC25-41 released April 3, 2025 (link here)
- Drill holes GC25-42 to GC25-46 released April 16, 2025 (link here)
- Drill holes GC25-47 to GC25-49 released April 22, 2025 (link here)
- Drill holes GC25-50 to GC25-52 released May 15, 2025 (link here).
Table 1: Drill Results
Holes | From (m) | To (m) | Width (m) | Grade (g/t Au) | |||
GC25-57 | 53.30 | 67.10 | 13.80 | 3.16 | |||
incl. | 56.40 | 64.00 | 7.60 | 4.31 | |||
and | 99.10 | 100.60 | 1.50 | 4.57 | |||
GC-25-58 | 91.40 | 123.40 | 32.00 | 2.01 | |||
incl. | 121.90 | 123.40 | 1.50 | 26.70 |
Notes:
- All widths shown are downhole; true width is approximately 80% of downhole width.
Figure 2: Plan View of Tyro Main Zone Showing Drill Holes, Trenches and Surface Samples (gold). Note that the distance along the Tyro's strike between GC25-48 (L915) and GC25-58 (L1070) is about 190 metres.
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Summary
Recent drilling across the NE Tyro veins (core and RC) has identified that high-grade veins observed at the surface coalesce downward into a broad, high-grade zone. The high-grade component here is characterized by banded chalcedony-adularia-calcite vein and stockwork hosted by strongly altered (quartz + chlorite) wall rock, i.e. GC25-47 with 50.3m of 3.76 g/t Au. Holes GC25-57 and GC25-58 were designed to define the limits of this zone along with the plunge of the emerging shoot. The current drill sections suggest a moderate to steep northeast plunge toward the Frisco Graben. Upon receipt of assays for a few additional holes, sufficient data will be available to design the follow-up drill program.
The addition of holes GC25-57 and GC25-58, as described below, expands the higher-grade zone defined in holes GC25-47 to GC25-49 to the north by approximately 90 metres of strike length and demonstrates that the Tyro Main zone overall appears to extend to the northeast towards the Frisco Graben despite there being a lack of visible surface exposures.
Hole GC25-57
Hole GC25-57 was drilled to test the zone about 30m below hole GC21-13 (12.2m of 1.67 g/t Au) or about 60m below weakly developed surface vein exposures (Figure 3). A broad package of quartz veining was observed between 45 and 105m, which contained 13.8m of 3.16 g/t Au (53.3 to 67.1m) near the zone's hanging wall and 1.5m of 4.57 g/t Au (99.1 to 100.6m) at the footwall contact. This intercept is positioned about 50m north and 50m up-dip from the intercept observed in GC25-49. Logging suggests that the two holes traversed a similar structural setting.
Figure 3: Hole GC25-57 Cross Section
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Hole GC25-58
This hole was drilled about 90 metres north of GC25-49 and 60 metres beneath GC25-45. Both holes GC25-45 and GC25-46 intersected broad intervals of strong quartz-chlorite alteration with only locally weak quartz veining hosting trace gold values. Hole GC25-58 intersected a broad zone of quartz-adularia-calcite veins and veinlets from 91.4 to 123.4m (32.0m) of 2.01 g/t Au. This intercept indicates that the Main Tyro zone continues to the northeast despite there being no surface exposure. Perhaps most importantly, this intercept continues to locate strong gold mineralization to the northeast and closer to the intersection with the Frisco Mine fault, about 400m to the northeast.
Figure 4: Hole GC25-58 Cross Section
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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: info@westpointgold.com
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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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