West Point Gold Defines New Gold Zone at Gold Chain; Black Dyke Drilling Returns 36.6m of 1.04 g/t Au from Surface

The most recent news (March 17, 2026) announces a new gold discovery at the Black Dyke prospect, located 4km west of the flagship Tyro Main Zone. Drilling intersected 36.6m of 1.04 g/t Au from surface (Hole GC26-95) and 21.3m of 0.92 g/t Au (Hole GC26-98). This identifies a second potential resource area at the Gold Chain Project. The company has now completed 10,255m of its expanded 15,000m drill program, with assays pending for 24 holes across multiple targets including Tyro Main and South Tyro.

The news is Routine - Positive. While the discovery of a new zone (Black Dyke) is technically a "discovery," it is an incremental success within the context of a massive 15,000m program that has already delivered significantly higher-grade results at NE Tyro (e.g., 21.3m of 13.48 g/t Au in Feb 2026). - Resource Expansion: Black Dyke provides a "satellite" shallow oxide target which could improve future project economics by providing easy-to-access feed, but the grades (~1 g/t) are lower than the core Tyro zones. - Execution: The company is successfully executing its stated 2026 outlook, moving from a single-target focus to a multi-zone project. - Expectations: The market was already aware of the aggressive drilling and the high-grade nature of the project; this news confirms the "scale" potential but does not fundamentally re-rate the company like the NE Tyro high-grade hits did in early 2026.

West Point Gold is a North American gold explorer focused on the Gold Chain Project in Arizona. The project is characterized by low-sulphidation epithermal gold mineralization. The flagship Tyro Main Zone has a strike length of ~1km, while the NE Tyro zone has emerged as a high-grade core. The company also holds the Baxter Spring and Jefferson Canyon projects in Nevada, providing a pipeline of Walker Lane trend assets.