West Point Gold Intersects 56.4m of 4.24 g/t Au, Widening the High-Grade Zone at Depth

West Point Gold Corp. (WPG) reported drill results from two holes targeting the NE Tyro zone approximately 250 meters below surface. Hole GC26‑168 (RC) returned 56.4 m @ 4.24 g/t Au from 242.3 m, including 28.9 m @ 7.77 g/t Au, with an estimated true width of 28 m. Hole GC26‑161 (Core) returned 68.2 m @ 2.20 g/t Au from 210.5 m, including 34.3 m @ 3.57 g/t Au, with an estimated true width of 40 m.

These results follow up on step‑out hole GC26‑148, which returned 66.2 m @ 6.57 g/t Au and indicated widening at depth. The release states the vein system dips 75°, steepens to near‑vertical at depth, and shows multi‑stage quartz‑chalcedony‑calcite‑adularia breccia with bladed calcite, exhibiting a lattice texture typical of boiling.

Nineteen other holes totaling 5,920 m from the 21,079 m program are pending. Results will feed the maiden resource estimate later in 2026.

West Point Gold Corp. (WPG) confirmed that the NE Tyro high-grade zone is widening at depth, delivering thick, excellent-band intercepts that will substantially increase the tonnage potential for the upcoming maiden resource. These holes build on the exceptional GC26-148 and demonstrate that the vein system does not pinch out but instead expands. For a pre-resource explorer, such intercepts fundamentally improve the deposit’s scale and de-risk continuity.

The stock had corrected from $2.09 to ~$1.22 before the recent bounce to $1.48. Today’s results are likely to be well received, but the market already expects a significant resource, so this is incremental good news, not a transformative discovery. The company stage is critical: it has $20M cash, a fully funded drill program, and is moving toward a maiden resource; these results raise the probability of a robust resource estimate and near-term re-rate. Yet the going-concern warning and need for eventual financing temper the optimism.

West Point Gold Corp. (WPG) is a Canadian junior explorer managing two primary assets: the Gold Chain project in Arizona, a low-sulphidation epithermal gold deposit, and the Baxter Spring project in Nevada, an early-stage epithermal gold property. The company also holds a strategic exploration agreement with Kinross covering the Jefferson Canyon project.

The flagship Gold Chain project contains the Tyro Main and NE Tyro zones, where West Point has defined a conceptual exploration target of 19.5‑31.2 Mt at 2‑3 g/t Au over a 1 km strike. This target is non-NI 43-101. The company completed a 21,079 m drill program, with results pending for many holes, and plans to release a maiden resource in the second half of 2026.

As of the end of March 2026, West Point held $20.4M in cash with no debt and a working capital of $20.3M. In February 2026, the company raised C$25M at $1.10 per share. Management has cautioned that it may require further financing, noting a going concern risk typical for explorers.

The company has approximately 135M shares outstanding. With a recent share price of $1.48, West Point’s market capitalization stands at approximately $200M CAD.