West Point Gold Expands Gold Chain Land Package by 30%
West Point Gold (WPGCF) has expanded its Gold Chain Project in Arizona by staking 113 additional lode claims on BLM land, increasing the project area by approximately 30%. The project now encompasses 492 lode claims covering 9,840 acres and 15 patented claims covering 282 acres.
The expansion extends northwest along the Union Pass Fault where it meets the Frisco Mine Fault. The new claims cover a major NNW-trending structural corridor hosting rhyolite flow domes, dikes, volcanic centers, and underexplored gold occurrences. Previous sampling in the area has yielded up to 2.07 g/t Au, with mineralization roughly defined over 7 kilometers.
While the company's near-term focus remains on the Tyro Main Zone, high-priority targets include the Tyro Extensions to the South and the Frisco Graben to the North for future drilling.
West Point Gold (WPGCF) ha ampliato il suo Gold Chain Project in Arizona, registrando 113 ulteriori diritti minerari su terreni BLM, aumentando l'area del progetto di circa il 30%. Il progetto ora comprende 492 diritti minerari che coprono 9.840 acri e 15 diritti brevettati che coprono 282 acri.
L'espansione si estende a nord-ovest lungo la frattura di Union Pass, dove incontra la frattura della miniera di Frisco. I nuovi diritti coprono un importante corridoio strutturale orientato NNO, ospitando domi di flusso di riolite, dikes, centri vulcanici e giacimenti auriferi poco esplorati. I campionamenti precedenti nell'area hanno restituito fino a 2,07 g/t Au, con mineralizzazione definita su circa 7 chilometri.
Sebbene l'attenzione a breve termine dell'azienda rimanga sulla zona principale di Tyro, i target di alta priorità includono le estensioni di Tyro a sud e il graben di Frisco a nord per futuri sondaggi.
West Point Gold (WPGCF) ha ampliado su Gold Chain Project en Arizona al registrar 113 reclamaciones adicionales de mineral en tierras de BLM, aumentando el área del proyecto en aproximadamente un 30%. El proyecto ahora abarca 492 reclamaciones de mineral que cubren 9,840 acres y 15 reclamaciones patentadas que cubren 282 acres.
La expansión se extiende hacia el noroeste a lo largo de la falla de Union Pass, donde se encuentra con la falla de la mina Frisco. Las nuevas reclamaciones cubren un importante corredor estructural en dirección NNW que alberga domos de flujo de riolita, diques, centros volcánicos y ocurrencias de oro poco exploradas. Muestreos anteriores en el área han arrojado hasta 2.07 g/t Au, con mineralización definida en aproximadamente 7 kilómetros.
Si bien el enfoque a corto plazo de la empresa sigue siendo la zona principal de Tyro, los objetivos de alta prioridad incluyen las extensiones de Tyro al sur y el graben de Frisco al norte para futuros sondeos.
웨스트 포인트 골드 (WPGCF)는 애리조나의 골드 체인 프로젝트를 추가로 113개의 광산 권리를 BLM 토지에 등록하여 약 30% 프로젝트 면적을 확장했습니다. 이 프로젝트는 현재 492개의 광산 권리를 포함하고 있으며, 총 9,840에이커와 15개의 특허 권리가 282에이커를 차지합니다.
확장은 유니온 패스 단층을 따라 북서쪽으로 확장되며, 여기서 프리스코 광산 단층과 만납니다. 새로운 권리는 리올라이트 흐름 돔, 다이크, 화산 중심 및 충분히 탐사되지 않은 금광이 있는 주요 NNW 방향의 구조적 회랑을 포함합니다. 이 지역의 이전 샘플링에서는 최대 2.07 g/t Au의 결과가 나왔으며, 약 7킬로미터에 걸쳐 광물화가 정의되었습니다.
회사의 단기 초점은 타이로 메인 존에 남아 있지만, 높은 우선 순위의 목표에는 남쪽의 타이로 확장 및 북쪽의 프리스코 그라벤이 포함되어 향후 시추를 계획하고 있습니다.
West Point Gold (WPGCF) a élargi son Gold Chain Project en Arizona en enregistrant 113 nouvelles revendications minières sur des terres BLM, augmentant la superficie du projet d'environ 30 %. Le projet comprend désormais 492 revendications minières couvrant 9 840 acres et 15 revendications brevetées couvrant 282 acres.
L'expansion s'étend vers le nord-ouest le long de la faille de Union Pass, où elle rencontre la faille de la mine de Frisco. Les nouvelles revendications couvrent un corridor structural majeur orienté NNO abritant des dômes de flux de rhyolite, des dykes, des centres volcaniques et des occurrences d'or peu explorées. Les échantillonnages précédents dans la région ont donné jusqu'à 2,07 g/t Au, avec une minéralisation définie sur environ 7 kilomètres.
Bien que l'accent à court terme de l'entreprise reste sur la zone principale de Tyro, les cibles de haute priorité incluent les extensions de Tyro au sud et le graben de Frisco au nord pour de futurs forages.
West Point Gold (WPGCF) hat sein Gold Chain Project in Arizona erweitert, indem es 113 zusätzliche Lodenansprüche auf BLM-Land registriert hat, wodurch die Projektfläche um etwa 30% vergrößert wurde. Das Projekt umfasst nun 492 Lodenansprüche, die 9.840 Acres abdecken, sowie 15 patentierte Ansprüche, die 282 Acres abdecken.
Die Erweiterung erstreckt sich nordwestlich entlang der Union Pass-Verwerfung, wo sie auf die Frisco-Minenverwerfung trifft. Die neuen Ansprüche decken einen bedeutenden NNW-ausgerichteten strukturellen Korridor ab, der Rhyolithflusskuppeln, Dikes, vulkanische Zentren und unterexplorierte Goldvorkommen beherbergt. Frühere Probenahmen in der Region haben bis zu 2,07 g/t Au ergeben, wobei die Mineralisierung über etwa 7 Kilometer grob definiert ist.
Während der kurzfristige Fokus des Unternehmens auf der Tyro Main Zone bleibt, umfassen die hochpriorisierten Ziele die Tyro-Erweiterungen im Süden und den Frisco-Graben im Norden für zukünftige Bohrungen.
- Expansion of land package by 30% through addition of 113 lode claims
- Previous sampling in new claims area showed gold presence up to 2.07 g/t Au
- Mineralized zone defined over 7 kilometers
- Strategic location along major structural corridor with multiple gold occurrences
- None.
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.
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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.
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FAQ
How many acres does West Point Gold's expanded Gold Chain Project now cover?
What gold grades were found in previous sampling at WPGCF's new claim area?
What are the high-priority drilling targets for WPGCF at the Gold Chain Project?
How long is the mineralized zone in WPGCF's new claim area?