West Point Gold Adds C$4.1 Million Through Warrant Exercises, Strengthening Treasury Ahead of 30,000-Metre Drill Program

Vancouver, British Columbia--(Newsfile Corp. - October 29, 2026) - West Point Gold Corp. (TSXV: WPG) (OTCQX: WPGCF) (FSE: LRA0) ("West Point Gold" or the "Company") is pleased to announce that it has received approximately C$4.1 million from the exercise of outstanding warrants, further strengthening its treasury ahead of its planned 30,000-metre drill program at the flagship Gold Chain Project in Arizona. The additional capital positions the Company to execute its planned exploration activities through May 2027 while maintaining financial flexibility. "The significant exercise of outstanding warrants reflects continued investor confidence in West Point Gold and the direction we're taking at Gold Chain. This support has further strengthened our balance sheet, providing the financial flexibility to execute our planned 30,000-metre drill program through May 2027 while maintaining a strong treasury. We plan to build on that confidence through disciplined execution, expanding the known mineralized footprint, testing new targets, and demonstrating the broader potential of Gold Chain. We believe the work ahead represents an important opportunity to create meaningful long-term value for our shareholders," stated Derek Macpherson, President & CEO. Gold Chain Exploration Program and Warrant Exercise Update The planned 30,000-metre drill program at Gold Chain should expand the known mineralized footprint and test additional exploration targets. The Company expects to provide updates as drilling progresses and results become available. Since June 30, 2026, the Company has received approximately C$4.1 million from warrant exercises. The remaining outstanding warrants and their expiry dates are summarized in Table 1. Table 1: Outstanding Warrants EXPIRATION EXERCISE PRICE WARRANTS VALUE 15-NOV-2026 $0.40 1,720,179 $688,072 10-JUN-2027 $0.45 53,334 $24,000 10-JUN-2027 $0.55 6,599,400 $3,629,670 19-FEB-2028 $1.10 1,045,455 1,150,000 TOTAL 9,418,368 $5,491,742   About West Point Gold Corp. West Point Gold is an exploration and development company focused on unlocking value across four strategically located projects along the prolific Walker Lane Trend in Nevada and Arizona, USA, providing shareholders with exposure to multiple discovery opportunities across one of North America's most productive gold regions. The Company's near-term priority is advancing its flagship Gold Chain Project in Arizona. For further information regarding this press release, please contact: Aaron Paterson, Corporate Communications Manager Phone: +1 (778) 358-6173 Email: [email protected] Stay Connected with Us: LinkedIn: linkedin.com/company/west-point-gold X (Twitter): @westpointgoldUS Facebook: facebook.com/Westpointgold/ Website: westpointgold.com/ 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, ability to define economic mineralization, 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. To view the source version of this press release, please visit https://www.newsfilecorp.com/release/321505