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(Investorideas.com
Newswire) Breaking Gold Stock News – Investorideas.com issues a
news and trading alert for West Point Gold Corp.(TSXV: WPG) (OTCQB: WPGCF).
West Point Gold Corp. (TSXV: WPG) (OTCQB: WPGCF) (FSE: LRA0) reports
the highlights from what was a transformative 2025 and an update on
its 2026 plans.
“2025 was a transformative year for West Point Gold. Our team
delivered significant exploration results at Gold Chain, increasing
our exploration target and adding to the Company’s Nevada portfolio
with the Baxter Spring acquisition,”
stated Derek Macpherson, President & CEO .
“The continuity and grade improvement at NE Tyro, a strong balance
sheet, and an expanded drill program have West Point Gold
well-positioned to deliver a maiden resource in 2026 and unlock
further value for shareholders. The precious metals market remains
robust, and we remain committed to aggressive, systematic
exploration. We thank our shareholders for their continued support
and look forward to an exciting 2026.”
Highlights from 2025:
Drilled over 9,000 m in 2025, positioned to drill even more in 2026
Discovered and started delineating a new high-grade zone at northeast
(NE) Tyro
Announced an updated exploration target, improving the expected grade
of the Tyro Main Zone
Added a new advanced stage exploration project in Nevada, Baxter
Spring
Strengthened the balance sheet with gross proceeds of C$13M from
financings, warrant and option exercises in 2025.
A combination of exploration success and a strong balance sheet has
resulted in the ongoing drill program being expanded to 15,000 m with
the addition of a second drill rig
Expected Catalysts for 2026
Assay results from the ongoing, expanded drill program at Gold Chain
Maiden resource estimate for Tyro Main Zone.
Additional metallurgical testing results (Q1 2026).
Permitting approvals for drilling at Jefferson Canyon.
Gold Chain Project (Arizona) Highlights:
West Point Gold’s flagship Gold Chain Project in Arizona continued to
deliver significant results throughout 2025. In 2025, the Company
completed 9,131 metres (“m”) of drilling at its Gold Chain project.
Drilling in H1 2025 allowed the Company to update its exploration
target at the Tyro Main Zone to 19.5 to 31.2 million tonnes grading
2.0 to 3.0 g/t gold in September (press release). The potential
tonnage and grade ranges are conceptual in nature. Currently, there is
insufficient exploration drilling to define a mineral resource, and it
is uncertain if further exploration will result in the exploration
target being delineated as a mineral resource. Following the release
of the exploration target, the Company started a 10,000 m drilling
campaign, subsequently expanded to 15,000 m to both define a maiden
resource at Tyro, expand the Tyro Main Zone to depth and test multiple
step-out targets at the Gold Chain project.
Key 2025 drill results at Gold Chain include:
GC25-81: 36.6 m of 7.35 g/t gold (Au) from 161.5 m to 198.1 m,
including 25.9 m of 9.95 g/t Au from 167.6 m to 193.5 m, extending the
high-grade NE Tyro zone to depth (press release).
GC25-84: 24.4 m of 5.92 g/t Au at 120.4 m to 144.8 m, including 12.2 m
of 10.51 g/t Au at 132.6 m to 144.8 m, 90 m below previous intercepts
(press release).
GC25-83: 16.8 m of 8.30 g/t Au at 158.5 m to 175.3 m, including 6.1 m
of 17.61 g/t Au at 167.6 m to 173.7 m, confirming continuity and grade
improvement at depth (press release).
GC25-77 and GC25-78: Near-surface intercepts of 24.4 m at 1.63 g/t Au
at 21.3 m to 45.7 m and 22.9 m at 1.56 g/t Au at 24.4 m to 47.2 m,
respectively, extending mineralization 100 m northeast (press
release).
GC25-47, GC25-48 and GC25-49: 33.5 m at 5.46 g/t Au at 82.3 m to 115.8
m, 29.0 m at 6.02 g/t Au at 83.8 m to 112.0 m and 30.5 m at 9.05 g/t
Au at 110.6 m to 131.1 m, respectively, in the Tyro Main Zone (press
release).
These results demonstrate the continuity of mineralization along
strike and at depth, but also the presence of broad, high-grade zones
typical of low-sulphidation epithermal systems. The NE Tyro zone has
shown grade improvement at depth, with coalescing veins and a robust
alteration signature.
The Company also completed initial metallurgical testing of the Tyro
Main Zone. The preliminary metallurgical bottle roll tests completed
in July 2025 indicated gold recoveries up to 86% (press release), with
finer grind sizes yielding higher recoveries. Additional metallurgical
testing is underway, with results expected in Q1 2026.
Baxter Spring Project (Nevada) Acquisition
In October 2025, West Point Gold finalized the acquisition of the
advanced-stage Baxter Spring Project in Nevada’s Manhattan Mining
District, adding an asset capable of being the cornerstone of its
Nevada portfolio. The project, located approximately 40 kilometres
south of Kinross’s Round Mountain Mine and near the Company’s
Jefferson Canyon Project, comprises 137 unpatented federal lode claims
over 2,829 acres (press release).
Historical exploration at Baxter Spring comprises 128 drill holes,
approximately 11,000 m of reverse circulation (RC) drilling, 1,850 m
of core drilling, and surface geochemical and geophysical surveys.
Historical drilling on the project is highlighted by:
24.4 m at 2.49 g/t Au (BS-22, Homestake Mining, 1982)
12.2 m at 60.3 g/t Au, including 3.0 m at 240 g/t Au (BS-8, Homestake
Mining, 1982)
27.4 m at 1.46 g/t Au (BX-1, Naneco, 1988)
7.6 m at 8.81 g/t Au (BX-13, Naneco, 1988)
69.0 m at 0.71 g/t Au (BCS-1, Homestake Mining, 1984)
Jefferson Canyon Project (Nevada)
The Jefferson Canyon Project, located near Round Mountain, is being
advanced under a strategic exploration and option agreement with
Kinross Gold USA Inc. West Point Gold and Kinross continue towards
permitting a drill program at Jefferson Canyon.
2025 Corporate Highlights:
Financings:
C$8 million financing closed in June 2025 (press release), adding new
key institutional shareholders.
C$5.0 million in warrants and options exercised throughout 2025,
including C$3.3 million in Q4 2025.
As of December 31, 2025, the Company had C$7.4 million in cash.
Management, Director, and Advisory Additions:
Derek Macpherson was appointed President and CEO, transitioning from
Executive Chairman (press release).
Andrew Bowering was appointed as Director, bringing over 35 years of
capital markets and mining experience, including founding Prime Mining
(acquired by Torex Gold) and Millennial Lithium (acquired by Lithium
Americas) (press release).
Anthony Paterson was appointed Chairman, with a background in
financing and business development (press release).
Mark Reischman joined as Technical Advisor, bringing more than 40
years of experience in the Walker Lane Trend, notably on the Silicon
and Merlin Deposits (press release).
Axemen Resource Capital was appointed as Strategic Advisor (press
release).
2026 Outlook: Exploration Plans, Catalysts, and Strategic
Priorities
Gold Chain Project: Aggressive Expansion and Resource Definition
In 2026, West Point Gold will continue its aggressive exploration at
Gold Chain, focusing on:
Completion of the 15,000 m drill program, targeting NE Tyro, Tyro
South (1.2 km extension), and multiple step-out targets (Sheep Trail,
Black Dyke, Gold Chain Hill, Union Pass Corridor and Frisco Graben).
Delivery of a maiden resource estimate for Tyro Main Zone.
Additional metallurgical testing to optimize recovery and processing
parameters.
Permitting for new drill sites on non-patented claims, enabling
systematic testing of multiple targets simultaneously.
The addition of a second drill rig in January 2026 will accelerate
data collection and resource delineation, positioning the Company for
potential economic studies.
Baxter Spring Project
West Point Gold plans to design and permit a 5,000 m drill program at
Baxter Spring in 2026, following a comprehensive compilation of
historical data, geological modelling, and permitting. The program
aims to validate and expand known high-grade zones and establish the
project’s resource potential.
Jefferson Canyon Project
The effort to permit a maiden drill program at Jefferson Canyon, with
the potential for drilling to occur in 2026. Permits and the
exploration program are key steps in progressing Jefferson Canyon
towards a joint venture. The partnership provides West Point Gold with
exposure to a major producer’s technical and financial resources,
while retaining significant upside through its retained interest and
royalty provisions.
Qualified Person
Robert Johansing, M.Sc. Econ. Geol., P. Geo., the Company’s Vice
President, Exploration, is a qualified person (“QP”) as defined by NI
43-101 and has reviewed and approved the technical content of this
press release.
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: info@westpointgold.com
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, 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.
More info on West Point Gold Corp. (TSXV: WPG) (OTCQB: WPGCF):
https://www.investorideas.com/CO/WPG/
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