West Point Gold Intersects 42.8m of 2.50 g/t Au, including 11.7m of 5.94 g/t Au at Tyro Main Zone, Gold Chain Project, Arizona
West Point Gold Corp (WPGCF) has announced significant drill results from its 1,264m diamond drill campaign at the Tyro Main Zone, Gold Chain Project in Arizona. The highlight includes Hole GC24-34 intersecting 42.80m of 2.50 g/t Au, including 11.70m of 5.94 g/t Au from surface.
Key findings include broader mineralized structures in the hanging wall, development of the Tyro Main Zone between two near-parallel structures, and a wider, lower-grade cap south of the White Spar fault. The company's exploration target remains at 15.6 to 31.2 Mt at 1.5 to 2.5 g/t Au, though this is conceptual with insufficient drilling to define a mineral resource.
The Q4 2024 program, consisting of 8 holes, has led to additional infill sampling for holes GC24-30, GC24-31, and GC24-32. The company plans to start the next phase of drilling at Tyro in February 2025.
West Point Gold Corp (WPGCF) ha annunciato risultati significativi dalle sue perforazioni di 1.264 m compiute nella zona principale Tyro, nel progetto Gold Chain in Arizona. Il risultato principale include Il foro GC24-34 che ha intercettato 42,80 m di 2,50 g/t Au, comprendente 11,70 m di 5,94 g/t Au dalla superficie.
I risultati chiave evidenziano strutture mineralizzate più ampie nella parete superiore, lo sviluppo della zona principale Tyro tra due strutture quasi parallele e un cappello più ampio e a gradazione inferiore a sud della faglia White Spar. L'obiettivo di esplorazione dell'azienda rimane tra 15,6 e 31,2 Mt a 1,5-2,5 g/t Au, sebbene sia concettuale con perforazioni insufficienti per definire una risorsa minerale.
Il programma del Q4 2024, che consiste in 8 fori, ha portato a campionamenti di riempimento aggiuntivi per i fori GC24-30, GC24-31 e GC24-32. L'azienda prevede di avviare la fase successiva di perforazione a Tyro nel febbraio 2025.
West Point Gold Corp (WPGCF) ha anunciado resultados de perforación significativos de su campaña de perforación con diamante de 1,264 m en la zona principal de Tyro, en el proyecto Gold Chain en Arizona. El resultado destacado incluye el hoyo GC24-34 que intersectó 42.80 m de 2.50 g/t Au, incluyendo 11.70 m de 5.94 g/t Au desde la superficie.
Los hallazgos clave incluyen estructuras mineralizadas más amplias en la pared colgante, el desarrollo de la zona principal de Tyro entre dos estructuras casi paralelas, y una tapa más amplia y de menor grado al sur de la falla White Spar. El objetivo de exploración de la compañía se mantiene entre 15.6 y 31.2 Mt a 1.5 a 2.5 g/t Au, aunque esto es conceptual y no hay perforaciones suficientes para definir un recurso mineral.
El programa del Q4 2024, que consiste en 8 perforaciones, ha llevado a un muestreo adicional para los hoyos GC24-30, GC24-31 y GC24-32. La compañía planea comenzar la próxima fase de perforación en Tyro en febrero de 2025.
웨스트 포인트 골드 코프 (WPGCF)는 애리조나의 골드 체인 프로젝트에 있는 타이로 메인 존에서 1,264m의 다이아몬드 드릴 캠페인 결과를 발표했습니다. 주요 하이라이트는 GC24-34 홀이 2.50 g/t Au의 42.80m를 교차했으며, 이 중 11.70m는 표면에서 5.94 g/t Au를 포함합니다.
주요 발견 사항으로는 매달린 벽에 더 넓은 광물화된 구조, 두 개의 거의 평행 구조물 사이에서 타이로 메인 존의 개발, 그리고 화이트 스파르 단층 남쪽에 더 넓고 낮은 등급의 캡이 있습니다. 회사의 탐사 목표는 1.5~2.5 g/t Au에서 15.6~31.2Mt 사이로 유지되나, 이는 개념적이며 광물 자원을 정의하기 위한 충분한 드릴링이 없습니다.
2024년 4분기 프로그램은 8개의 구멍으로 구성되어 있으며, GC24-30, GC24-31, GC24-32 구멍에 대한 추가 샘플링이 이루어졌습니다. 회사는 2025년 2월에 타이로에서 다음 드릴링 단계에 착수할 계획입니다.
West Point Gold Corp (WPGCF) a annoncé des résultats de forage significatifs de sa campagne de forage diamant de 1 264 m dans la zone principale de Tyro, au projet Gold Chain en Arizona. Le point fort comprend le trou GC24-34 qui a intersecté 42,80 m à 2,50 g/t Au, y compris 11,70 m à 5,94 g/t Au à partir de la surface.
Les résultats clés comprennent des structures minéralisées plus larges dans la mur de tête, le développement de la zone principale de Tyro entre deux structures presque parallèles, et une toiture plus large et de plus faible teneur au sud de la faille White Spar. L'objectif d'exploration de l'entreprise reste entre 15,6 et 31,2 Mt à 1,5 à 2,5 g/t Au, bien que cela soit conceptuel avec un forage insuffisant pour définir une ressource minérale.
Le programme du T4 2024, composé de 8 trous, a conduit à des échantillonnages complémentaires pour les trous GC24-30, GC24-31 et GC24-32. L'entreprise prévoit de commencer la prochaine phase de forage à Tyro en février 2025.
West Point Gold Corp (WPGCF) hat bedeutende Bohrergebnisse aus seiner 1.264 m umfassenden Diamantbohrkampagne in der Tyro Main Zone des Gold Chain-Projekts in Arizona bekannt gegeben. Das Hauptaugenmerk liegt auf Bohrloch GC24-34, das 42,80 m mit 2,50 g/t Au durchschnitten hat, einschließlich 11,70 m mit 5,94 g/t Au von der Oberfläche.
Zu den wichtigsten Ergebnissen gehören breitere mineralisierte Strukturen im Deckgebirge, die Entwicklung der Tyro Main Zone zwischen zwei nahezu parallelen Strukturen und eine breitere, niedriggradige Kappe südlich der White Spar-Verwerfung. Das Erkundungsziel des Unternehmens liegt weiterhin bei 15,6 bis 31,2 Mt bei 1,5 bis 2,5 g/t Au, obwohl dies konzeptionell ist und nicht genügend Bohrungen durchgeführt wurden, um eine Mineralressource zu definieren.
Das Programm für das 4. Quartal 2024, das aus 8 Bohrlöchern besteht, hat zu zusätzlichen Auffüllproben für die Bohrlöcher GC24-30, GC24-31 und GC24-32 geführt. Das Unternehmen plant, die nächste Bohrphase in der Tyro-Zone im Februar 2025 zu beginnen.
- High-grade gold intersection in Hole GC24-34: 42.80m of 2.50 g/t Au
- Strong mineralization in Hole GC24-32: 6.94m of 4.3 g/t Au including 1.44m of 15.24 g/t Au
- Deepest gold intercept to date: 13.70m at 1.58 g/t Au at 135m below surface in hole GC24-35
- High grades from previous hole GC23-28 (9.1m at 51.1 g/t Au) were not replicated in new drilling
- Insufficient exploration drilling to define mineral resource
- Some holes returned no significant assays or low-grade results
Vancouver, British Columbia--(Newsfile Corp. - January 23, 2025) - West Point Gold Corp. (TSXV: WPG) (OTCQB: WPGCF) ("West Point Gold" or the "Company") is pleased to announce additional drill results from its recently completed 1,264m (8 hole) diamond drill campaign focused on the Tyro Main Zone, at its Gold Chain Project in Arizona.
Highlights:
- Hole GC24-34 intersected 42.80m of 2.50 g/t Au, including 11.70m of 5.94 g/t Au, returning mineralization from surface. Hole GC24-34 is located approximately 700 metres northeast along the Tyro Main Zone structure from GC23-28 (link).
- Hole GC24-32 intersected a hanging wall zone of mineralization for 6.94m of 4.3 g/t Au including 1.44m of 15.24 g/t Au from 16.31m.
- Hole GC24-32 intersected a footwall wall zone of 16.08m of 1.35 g/t Au from 49.07m. Infill sampling of approximately 24 metres is underway.
- The Company believes that these results are consistent with previous estimates of size potential at the Tyro Main Zone.
- Infill sampling on holes GC24-30, GC24-31, and GC24-32 have the potential to increase the width of the Tyro Main zone.
- The Company is preparing for the next phase of drilling at Tyro, expected to start in February 2025.
"We are excited by the material increase in grade and width at the north end of the Tyro Main Zone as evidenced by hole GC24-34 and plan to place additional focus on this area during the upcoming drill program," stated CEO, Quentin Mai. "As the correlation of mineralization between hanging wall and footwall improves, we anticipate the additional samples sent to the lab around the hanging wall could expand the mineralized zone."
Figure 1: Preliminary Tyro Main Zone Long Section showing results from 2024 DDH program along with RC drilling, trenches and 200 Level Sampling
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5717/238121_11f16d97544b3b0e_004full.jpg
Table 1: Drill Results
| Holes | From (m) | To (m) | Width (m) | Grade (g/t Au) | |
| GC24-29 | 0.00 | 16.15 | 16.15 | 0.56 | |
| incl. | 12.19 | 16.15 | 3.96 | 1.84 | |
| and | 99.97 | 118.50 | 18.53 | 0.26 | |
| and | 158.05 | 165.51 | 7.46 | 0.98 | |
| GC24-32 | 16.31 | 23.25 | 6.94 | 4.34 | |
| incl. | 16.31 | 17.75 | 1.44 | 15.24 | |
| and | 30.90 | 33.00 | 2.10 | 3.19 | |
| and | 49.07 | 65.15 | 16.08 | 1.35 | |
| incl. | 57.25 | 60.50 | 3.25 | 3.10 | |
| GC24-33 | 77.30 | 77.95 | 0.65 | 0.54 | |
| GC24-34 | 0.00 | 42.80 | 42.80 | 2.50 | |
| incl. | 24.20 | 35.90 | 11.70 | 5.94 | |
| GC24-35 | 0.00 | 9.10 | 5.93 | 2.79 | |
| and | 113.54 | 124.40 | 10.86 | 0.21 | |
| and | 140.21 | 168.20 | 27.99 | 0.89 | |
| incl. | 154.50 | 168.20 | 13.70 | 1.58 | |
Notes:
- Hole GC24-36 returned no significant assays.
- All widths shown are down hole; true width is approximately
80% of down hole width, except Hole GC24-29 where true width is unknown. - Hole GC24-32 – Infill sampling is underway, assays are pending between 23.25 to 29.72m and 33.0 to 49.07m.
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/5717/238121_11f16d97544b3b0e_005full.jpg
Summary
The Q4 2024 drill program totaled 1,264m (8 holes), and was designed to improve West Point Gold's understanding of the Tyro Main Zone, in particular the structural model and controls of the mineralization. Based on these assay results from all the holes there are three key findings.
First, as evidenced in the assay results, the zone appears to have a potentially broader mineralized structures in the hanging wall (east side) of the Tyro Main Zone. As a result, West Point Gold has conducted infill sampling for holes GC24-30 (28 metres), GC24-31 (23 metres), and GC24-32 (24 metres) where assays are pending.
Secondly, the Tyro Main Zone appears to have developed between two near parallel structures whose relative movement is responsible for the ground preparation for subsequent gold-bearing fluids. The footwall boundary appears to be a sharp contact that may control mineralization while the hanging wall remains partially defined.
Thirdly, the area south of the White Spar fault, appears to have a wider, lower grade cap starting from surface, as evidenced by holes GC23-25 (51.8m of 0.28 g/t Au), GC23-26 (32.0m at 0.54 g/t Au) and the upper portion of holes GC24-29 and GC24-35. Surface exposures at the projected intersection of the Main Tyro trend and the White Spar fault zone (see Figure 2) reveal an array of vein orientations that the Company continues to evaluate. The high grades encountered in hole GC23-28 (9.1m at 51.1 g/t Au) were not duplicated in hole GC24-29 suggesting a northeast orientation (Main Tyro Trend) or structures in this area maybe more discontinuous than previously thought. The Company has started both a fluid inclusion study of the Tyro vein system and a hyperspectral study of the core from the most recent program to better understand this area.
The Company continues to believe that these results are consistent with the previously announced exploration target, of 15.6 to 31.2 Mt at 1.5 to 2.5 g/t Au* and conform with the existing geologic model based upon drilling, trenching and geologic mapping conducted over the vein system.
*The potential quantity and grades are conceptual in nature. There has been insufficient exploration drilling to define a mineral resource, and it is uncertain if further exploration will result in the exploration target being delineated as a mineral resource.
Hole GC24-32
Hole GC24-32 was drilled near the top of Tyro Hill (Figure 2) and beneath Trench 6 (16.7m of 2.01 g/t Au) where surface mine workings do not extend to this section. As observed in surface exposures, the hole traversed a broad zone of sub-parallel, banded chalcedony-adularia veins and hydrothermal breccia. Two internal intervals were not sampled during the initial logging and have now been sampled (Figure 3).
Figure 3: Hole GC24-32 Cross Section
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5717/238121_11f16d97544b3b0e_006full.jpg
Hole GC24-33
Hole GC24-33 was designed to test the Tyro Main Zone between Trenches T6 and T9 (Figures 1 and 2) where about 150 metres of the vein system yielded only anomalous gold values associated with local silicification and quartz veinlets that coincide with a pronounced bend in the Tyro Main Zone (Figure 2). The core has been scanned in the hyperspectral survey and results are pending.
Hole GC24-34
This hole was drilled between holes GC21-14 (35.3m at 1.26 g/t Au) and GC21-15 (21.3m at 2.0 g/t Au) and was intended to pass beneath small, historical mine workings. A broad zone of quartz-adularia veins and stockwork were encountered from the surface to 42.8 m and contained 2.50 g/t Au. Within that interval, a zone of low recovery occurred at 26.8 to 34.75m including a void that likely reflects a mined-out portion of the vein. Strong veining was identified on both sides of the suspected underground mine working. The extent of this working is not known but drilling in 2021 did not intersect mine workings (Figure 1).
Figure 4: Hole GC24-34 Cross Section
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5717/238121_11f16d97544b3b0e_007full.jpg
Holes GC24-29, GC24-35 and GC24-36
These holes were drilled to test the intersection of the Main Tyro and White Spar structures where mapping, trenching and drilling reveal a broad zone of quartz veining, silicification and hydrothermal breccia. All holes encountered broad intervals of quartz veining and local hydrothermal breccia veins but only local areas of gold enrichment, i.e. hole GC24-29 (7.46m @ 0.98 g/t Au) and GC24-35 (13.7m @ 1.58 g/t Au). The lower interval (13.70m at 1.58 g/t Au) on hole GC24-35 is approximately 135 metres below surface, representing the deepest gold intercept on the property to date. Both holes GC24-35 and GC24-36 are currently being analyzed in the recently completed hyperspectral survey to address gold-related alteration and consider the results of the fluid inclusion studies to better define the boiling zone in the gold system.
Figure 5: Looking North at the Historical Tyro Open-Pit
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5717/238121_11f16d97544b3b0e_008full.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, core cutting, 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: info@westpointgold.com
Stay Connected with Us:
LinkedIn: linkedin.com/company/west-point-gold
X (Twitter): @westpointgoldUS
Facebook: www.facebook.com/Westpointgold/
Website: www.westpointgold.com
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.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/238121
FAQ
What were the key gold intersections in West Point Gold's (WPGCF) latest drilling at Tyro Main Zone?
When will West Point Gold (WPGCF) begin its next phase of drilling at the Tyro project?
What is the exploration target size for West Point Gold's (WPGCF) Tyro Main Zone?
How many meters were drilled in West Point Gold's (WPGCF) Q4 2024 drilling program?
