Drill Results
West Point Gold Intersects 18.3m of 6.05 g/t Au and 35.1m of 2.23 g/t Au, Expanding the High-Grade Northeast Tyro Zone to over 400m of Strike Length and to 300m Depth
West Point Gold Reinforces Resource Upside with Expanded High-Grade Strike at Gold Chain

Executive Summary
- Headline: West Point Gold Intersects 18.3m of 6.05 g/t Au and 35.1m of 2.23 g/t Au, Expanding the High-Grade Northeast Tyro Zone to over 400m of Strike Length and to 300m Depth.
- Date: April 28, 2026.
- Key Intercepts: Hole GC26-140 returned 18.3m @ 6.05 g/t Au (including 6.1m @ 13.46 g/t Au). Hole GC25-151 returned 35.1m @ 2.23 g/t Au.
- Project Status: The Northeast (NE) Tyro Zone strike length is now over 400m, expanded by approximately 100m along strike and 100m to depth compared to previous announcements.
- Drill Program: Part of a fully funded 20,000m program; 17,536m completed as of this release. Three rigs active (2 RC, 1 core).
- Context: This follows positive metallurgical results announced April 22, 2026 (recoveries up to 92%) and a C$25M financing closed February 19, 2026 at $1.10/share.
Material Impact
- Expectation vs. Reality: The news is consistent with the company's narrative of expanding the NE Tyro zone throughout late 2025 and early 2026. Previous releases (Feb 25, 2026) indicated a strike length of over 300m; this update confirms expansion to 400m.
- Market Reaction Potential: The stock has already rallied significantly from lows of $0.30 in August 2025 to highs of $2.09 in February 2026, pricing in much of the exploration success. This news reinforces the thesis but does not fundamentally alter the risk profile or valuation model beyond incremental resource growth expectations.
- Risk Mitigation: The combination of high-grade drill results and positive metallurgy (April 22) reduces technical execution risk for a potential future mine plan, supporting the "fully funded" status mentioned in March 2026 updates.
- Conclusion: While the grades are attractive (6.05 g/t Au over 18m), this is an expected outcome of an aggressive drill campaign that has been delivering similar results since November 2025. It supports the maiden resource estimate due later in 2026 but does not constitute a surprise discovery or M&A event.
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Company Overview
- Company: West Point Gold Corp. is an exploration-stage gold company focused on the Gold Chain Project in Arizona, USA.
- Flagship Project: Gold Chain Project (Arizona). Key zones include Tyro Main Zone, Northeast (NE) Tyro Zone, Black Dyke, Sheep Trail, and Frisco Graben.
- Development Stage: Exploration/Resource Definition. Targeting a maiden resource estimate in late 2026.
- Other Assets: Baxter Spring Project (Nevada), Jefferson Canyon (JV with Kinross Gold - option not continued on North portion).
- Royalties: Baxter Spring has a 2% NSR royalty payable to Pilot Gold (USA) Inc. Tip Top project royalties were eliminated in May 2025. Gold Chain appears royalty-free based on available disclosures.
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Jul 14, 2026 · 07:01