West Point Gold Intersects 52.25m of 1.53 g/t Au, Including 36.1 of 2.02 g/t Au at Tyro Main Zone, Gold Chain Project, Arizona
West Point Gold Corp (WPGCF) has announced initial results from its 1,264m diamond drill campaign at the Tyro Main Zone of its Gold Chain Project in Arizona. Key findings include:
Hole GC24-30 yielded 52.25m of 1.53 g/t Au, including 36.10m of 2.02 g/t Au from 43.50m depth. Hole GC24-31 intersected 50.65m of 0.53 g/t Au from 51.30m. Both holes revealed additional mineralization zones in the hanging wall.
The results align with the company's exploration target of 15.6 to 31.2 Mt at 1.5 to 2.5 g/t Au. The drilling program has revealed that the Tyro Main Zone appears to be wider than initially thought and dips at 80 degrees to the east, rather than being vertical. Assays are still pending for five remaining holes representing approximately 1,025m.
West Point Gold Corp (WPGCF) ha annunciato i risultati iniziali della sua campagna di perforazione di diamante di 1.264 m nella Tyro Main Zone del suo Gold Chain Project in Arizona. I risultati chiave includono:
Il foro GC24-30 ha prodotto 52,25 m di 1,53 g/t Au, inclusi 36,10 m di 2,02 g/t Au a partire da una profondità di 43,50 m. Il foro GC24-31 ha intersecato 50,65 m di 0,53 g/t Au da 51,30 m. Entrambi i fori hanno rivelato ulteriori zone di mineralizzazione nel soffitto.
I risultati sono in linea con l'obiettivo di esplorazione dell'azienda di 15,6 a 31,2 Mt a 1,5 a 2,5 g/t Au. Il programma di perforazione ha rivelato che la Tyro Main Zone sembra essere più ampia di quanto inizialmente pensato e si inclina a 80 gradi verso est, piuttosto che essere verticale. I risultati delle analisi sono ancora in attesa per i cinque fori rimanenti che rappresentano circa 1.025 m.
West Point Gold Corp (WPGCF) ha anunciado los resultados iniciales de su campaña de perforación de diamante de 1.264 m en la Zona Principal Tyro de su Proyecto Gold Chain en Arizona. Los hallazgos clave incluyen:
El pozo GC24-30 arrojó 52,25 m de 1,53 g/t Au, incluyendo 36,10 m de 2,02 g/t Au desde una profundidad de 43,50 m. El pozo GC24-31 intersectó 50,65 m de 0,53 g/t Au desde 51,30 m. Ambos pozos revelaron zonas de mineralización adicionales en el techado.
Los resultados están alineados con el objetivo de exploración de la empresa de 15,6 a 31,2 Mt a 1,5 a 2,5 g/t Au. El programa de perforación ha revelado que la Zona Principal Tyro parece ser más ancha de lo inicialmente pensado y tiene una inclinación de 80 grados hacia el este, en lugar de ser vertical. Los análisis aún están pendientes para cinco pozos restantes que representan aproximadamente 1.025 m.
West Point Gold Corp (WPGCF)은 애리조나의 Tyro Main Zone에서 1,264m 다이아몬드 시추 캠페인에 대한 초기 결과를 발표했습니다. 주요 발견 사항은 다음과 같습니다:
구멍 GC24-30은 1.53 g/t Au의 52.25m를 생성했으며, 43.50m 깊이에서 2.02 g/t Au의 36.10m이 포함되었습니다. 구멍 GC24-31은 51.30m에서 0.53 g/t Au의 50.65m을 교차했습니다. 두 구멍 모두 처마에 추가적인 광물화 구역을 드러냈습니다.
결과는 15.6에서 31.2 Mt까지, 1.5에서 2.5 g/t Au의 탐사 목표와 일치합니다. 시추 프로그램은 Tyro Main Zone이 처음 생각했던 것보다 더 넓고 동쪽으로 80도 기울어져 있으며 수직이 아님을 보여주었습니다. 남은 다섯 개 구멍에 대한 분석 결과는 아직 대기 중이며, 약 1,025m를 나타냅니다.
West Point Gold Corp (WPGCF) a annoncé les résultats initiaux de sa campagne de forage diamant de 1 264 m dans la Zone Principale Tyro de son projet Gold Chain en Arizona. Les principales conclusions incluent :
Le trou GC24-30 a donné 52,25 m de 1,53 g/t Au, y compris 36,10 m de 2,02 g/t Au à partir d'une profondeur de 43,50 m. Le trou GC24-31 a intersecté 50,65 m de 0,53 g/t Au à partir de 51,30 m. Les deux trous ont révélé des zones de minéralisation supplémentaires dans le plafond.
Les résultats s'alignent avec l'objectif d'exploration de l'entreprise, qui se situe entre 15,6 et 31,2 Mt à 1,5 à 2,5 g/t Au. Le programme de forage a révélé que la Zone Principale Tyro semble être plus large que prévu initialement et penche à 80 degrés vers l'est, plutôt que d'être verticale. Les analyses des cinq trous restants, représentant environ 1 025 m, sont encore en attente.
West Point Gold Corp (WPGCF) hat die ersten Ergebnisse seiner 1.264 m langen Diamantbohrkampagne in der Tyro Main Zone seines Gold Chain Projekts in Arizona bekannt gegeben. Zu den Schlüsselergebnissen gehören:
Das Bohrloch GC24-30 ergab 52,25 m mit 1,53 g/t Au, darunter 36,10 m mit 2,02 g/t Au aus 43,50 m Tiefe. Das Bohrloch GC24-31 durchdrang 50,65 m mit 0,53 g/t Au aus 51,30 m. Beide Bohrlöcher zeigten zusätzliche Mineralisierungszonen in der Hangwand.
Die Ergebnisse stimmen mit dem Explorationsziel des Unternehmens von 15,6 bis 31,2 Mt bei 1,5 bis 2,5 g/t Au überein. Das Bohrprogramm hat gezeigt, dass die Tyro Main Zone breiter zu sein scheint als ursprünglich gedacht und sich um 80 Grad nach Osten neigt, anstatt vertikal zu sein. Die Analyseergebnisse für die fünf verbleibenden Löcher, die etwa 1.025 m repräsentieren, stehen noch aus.
- Strong gold mineralization with 52.25m of 1.53 g/t Au in hole GC24-30
- Discovery of additional mineralization zones in hanging wall
- Results confirm exploration target estimates
- Zone appears wider than initially anticipated
- Results are preliminary with 5 holes still pending
- Exploration target remains conceptual with insufficient drilling to define mineral resource
Vancouver, British Columbia--(Newsfile Corp. - January 15, 2025) - West Point Gold Corp. (TSXV: WPG) (OTCQB: WPGCF) ("West Point Gold" or the "Company") is pleased to announce the first drill results from its recently completed 1,264m (7 hole) diamond drill campaign focused on the Tyro Main Zone, at its Gold Chain Project in Arizona.
Highlights:
- Hole GC24-30 intersected 52.25m of 1.53 g/t Au, including 36.10m of 2.02 g/t Au, from 43.50m.
- Hole GC24-31 intersected 50.65m of 0.53 g/t Au, from 51.30m.
- Both these holes intersected additional zones in the hanging wall of the deposit - 2.56m of 2.85 g/t Au, from 7.80m (GC24-30) and 4.10m of 2.17 g/t Au, from 23.00m (GC24-31), prompting infill sampling of the holes which is in progress and have the potential to expand the width of the mineralized zone.
- Results confirm the exploration target at Tyro of 15.6 to 31.2 Mt at 1.5 to 2.5 g/t Au (*see note on the next page).
- Assays are pending for the remaining five holes representing approximately 1,025m.
"This drill program has materially advanced our understanding of the Tyro Main Zone and its structural controls. The grades returned fit West Point Gold's previously announced exploration target, while the widths, along with the new hanging wall zone, suggest the zone may be wider than first thought," stated CEO, Quentin Mai. "We look forward to the balance of the results and are preparing for the next phase of drilling which is expected to follow-up on these positive results."
Figure 1: Preliminary Tyro Main Zone Long Section showing GC24-30 and GC24-31 (center), along with RC drilling, trenches and 200 Level Sampling
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Table 1: Drill Results
| Holes | From (m) | To (m) | Width (m) | Grade (g/t Au) | |
| GC24-30 | 7.80 | 10.36 | 2.56 | 2.85 | |
| and | 24.70 | 25.30 | 0.60 | 6.59 | |
| and | 43.50 | 95.75 | 52.25 | 1.53 | |
| incl. | 43.50 | 79.60 | 36.10 | 2.02 | |
| and incl. | 92.60 | 95.75 | 3.15 | 1.49 | |
| GC24-31 | 23.00 | 27.10 | 4.10 | 2.17 | |
| incl. | 24.15 | 27.10 | 2.95 | 2.86 | |
| and | 51.30 | 101.95 | 50.65 | 0.53 | |
| incl. | 51.30 | 63.35 | 12.05 | 0.58 | |
| and incl. | 73.76 | 100.55 | 26.79 | 0.67 | |
Notes:
- All widths shown our down hole; true width is approximately
80% of down hole width - Hole GC24-30 -Infill sampling is underway, assays pending between 10.36 to 16.40m, 20.00 to 24.70m, 25.30 to 43.50m
- Hole GC24-31 - Infill sampling is underway, assays pending between 27.10 to 49.99m
Summary
The Q4 2024 drill program totaled 1,264m (7 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 and our observations from the other holes, there are two key findings.
First, as evidenced in these assay results, the zone appears to be either wider or there are additional structures in the hanging wall (east side) of the Tyro Main Zone. It also appears that the Tyro Main Zone most likely dips at 80 degrees to the east versus our previous assumption that the zone was near vertical.
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.
These initial results from holes GC24-30 and GC24-31 are consistent with the previously announced exploration model, 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 GC24-30
Drilled to the northwest and perpendicular to the Main Tyro vein system (Figure 4), hole GC24-30 was designed to cross the structure about 50 metres below the Tyro 200 Level which is immediately below the floor of the open pit (Figure 2). The hole is located about 100 metres northeast of hole No. GC23-23 which traversed 44.2 m (approximately 36m true width) at 2.01 g/t Au. A similar complex of veins and veinlets was encountered in hole GC24-30 with the results presented in Table 1. The intercept consists of several discrete banded chalcedony-adularia veins and vein breccia up to 0.8 metres wide within a broader zone 1 to 10 cm veinlets in altered wall rock.
Figure 2: Hole GC24-30 Cross Section
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https://images.newsfilecorp.com/files/5717/237285_westpointfig2.jpg
Hole GC24-31
Drilled about 80 metres northeast of hole GC24-30, hole GC24-31 also passed immediately beneath the Tyro 200 Level and about 50 metres below the floor of the open pit (Figure 1). The mineralized envelope, which extends down-hole from 23.00 to 100.55 metres, consists of mostly quartz-chalcedony veinlets with local banded chalcedony-adularia veins and vein breccia up to a couple metres wide.
To date, four holes have been drilled from 20 to 70 metres beneath the Tyro 200 Level over a strike length of about 300 metres indicating widths of the mineralized zone between 25 and 40 metres (true width).
Figure 3: Hole GC24-31 Cross Section
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https://images.newsfilecorp.com/files/5717/237285_westpointfig3.jpg
Figure 4: Plan View of Tyro Main Zone Showing Drill Holes, Trenches and Surface Sample (gold).
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https://images.newsfilecorp.com/files/5717/237285_westpointfig4.jpg
Figure 5: Looking North at the Historic Tyro Open-Pit
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https://images.newsfilecorp.com/files/5717/237285_westpointfig5.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
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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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FAQ
What are the latest drilling results from West Point Gold's (WPGCF) Tyro Main Zone?
What is the exploration target for WPGCF's Tyro Main Zone?
How many drill holes are still pending results at WPGCF's Gold Chain Project?
What new structural findings were discovered in WPGCF's January 2025 Tyro drilling program?
