West Point Gold Expands the Ongoing Fully Funded Drill Program to 20,000m

The most recent news (March 23, 2026) announces a 33% expansion of the ongoing drill program at the Gold Chain project in Arizona, increasing the total from 15,000m to 20,000m. This expansion follows the receipt of key permits (Plan of Operations #1) allowing for deeper drilling at the Tyro Main Zone and Northeast Tyro. The company has completed nearly 12,000m of drilling since September 2025, with results pending for 23 holes (4,063m). This follows the March 17 news defining a new shallow gold zone at the Black Dyke target (36.6m of 1.04 g/t Au) and the February 25 news extending the high-grade Northeast Tyro zone (21.3m of 13.48 g/t Au).

The news is Routine - Positive. While the expansion of the drill program and the receipt of permits are fundamentally good for the company, they are incremental steps in an already aggressive exploration campaign that was fully funded by the C$25 million financing closed in February 2026. - Operational Continuity: The expansion ensures the rigs remain active without a hiatus, maintaining momentum toward the 2026 maiden resource. - Permitting Milestone: Obtaining the Plan of Operations is a necessary regulatory hurdle cleared, allowing the company to test the "roots" of the epithermal system at depth, which management has previously hypothesized will show grade improvement. - Pending Assays: With over 4,000m of assays pending, the market is currently in a "wait-and-see" mode regarding the actual grade distribution of the new targets like Black Dyke and the depth extensions at Tyro.

West Point Gold is a North American gold explorer focused on the Gold Chain Project in Arizona. The project is a low-sulphidation epithermal system. The flagship Tyro Zone has shown consistent mineralization over a 1km strike. The company also holds the Baxter Spring and Jefferson Canyon projects in Nevada, providing a pipeline of Walker Lane trend assets.