{"success":true,"data":{"pressRelease":{"id":"109250","rtpr_id":"nNFC6Yc29J","ticker":"WPG","exchange":"","all_tickers":["WPG"],"title":"West Point Gold Drills 30.4 m of 2.31 g/t Au at Tyro Main Zone","author":"Newsfile Corp","published_at":"2026-08-05T11:00:58.110Z","article_body":"Vancouver, British Columbia--(Newsfile Corp. - August 5, 2026) - West Point\nGold Corp. (TSXV: WPG) (OTCQX: WPGCF) (FSE: LRA0) (\"West Point Gold\" or the\n\"Company\") is pleased to announce drill results from 18 holes completed at\nthe Tyro Main and adjacent Decimal Hill zones, at its flagship Gold Chain\nProject in Arizona. The results are highlighted by GC26-138 (core), which\nintersected 30.4 metres (\"m\") of 2.31 grams per tonne (\"g/t\") gold (\"Au\").\nThis mineralized interval is bisected by a 2.8m void (Table 1) that is likely\nan adit (300 Level) driven on vein prior to 1920.\n\nThe results from 18 holes representing 4,304m are presented below. The\nremaining results from the 21,079m drill program represent 603m from the Black\nDyke target. The Company plans to resume drilling in mid-September.\n\nHighlights:\n* Hole GC26-138 (core) drilled across the Tyro Main Zone and cut the 300L at\n56.9m to 59.7m. The vein returned 2.18 g/t Au over 7.7m above the 300L, and\n2.36 g/t Au over 22.7m below it. The estimated true width (\"TW\") for this\nintercept, including the 300L, is 28m.\n* Hole GC26-138 also encountered elevated gold grades (6.4 to 14.9 g/t Au)\nadjacent to the mine workings, suggesting it was driven on high-grade vein and\nbreccia that can be projected to depth.\n* Hole GC26-162 (RC) traversed 59.5m (TW = 37m) of 0.68 g/t Au at 166.1 to\n225.6m.\n* Some of the deeper holes (below 200m) encountered areas of weaker or no\nsignificant mineralization; however, the widespread presence of anomalous gold\nvalues and what appear to be \"upper level\" textures and alteration suggest\nthat there may be stacked horizons of gold deposition, indicating the Tyro\nMain Zone remains open to depth\n\"Drilling in the upper levels of the Tyro Main Zone continues to produce\nconsistent results and West Point Gold is well positioned for the Tyro maiden\nresource, which remains on track to be completed in late Q3 or early Q4 this\nyear. Additionally, deeper drilling is guiding our efforts to expand the gold\nzone to depth comparable to the Northeast Tyro Zone. We plan to target below\nthe entire 1.2km strike length of the Tyro Main and NE Tyro zones with the\nnext drill program,\" stated Derek Macpherson, President and CEO.\n\nTable 1: Drill Results - Tyro Main Zone\n\n Holes            From    To      Width   Estimated        Grade      \n                  (m)     (m)     (m)     True Width (m)   (g/t Au)   \n GC26-138 (core)  49.2    56.9    7.7     7                2.18       \n Including        56.9    59.7    2.8     VOID                        \n Including        59.7    82.4    22.7    20               2.36       \n GC26-152 (core)  231.6   234.6   3.0     3                1.66       \n GC26-153 (core)  No Significant Mineralization                       \n GC26-155         30.5    35.1    4.6     3                0.68       \n and              117.4   120.4   3.0     2                3.14       \n and              153.9   158.5   4.6     3                0.73       \n GC26-156         No Significant Mineralization                       \n GC26-162         166.1   225.6   59.5    37               0.68       \n GC26-164         201.2   208.8   7.6     5                0.94       \n GC26-167         33.5    35.0    1.5     1                2.22       \n GC26-170         No Significant Mineralization                       \n GC26-171         No Significant Mineralization                       \n GC26-172         No Significant Mineralization                       \n\n \n\nTable 2: Drill Results - Decimal Hill Zone\n\n Holes     From (m)  To (m)    Width (m)  Grade (g/t Au)  \n GC26-129  No Significant Mineralization                  \n GC26-131  117.4     118.8     1.4        1.70            \n GC26-133  176.8     178.3     1.5        0.82            \n GC26-135  33.5      45.7      12.2       0.49            \n GC26-139  No Significant Mineralization                  \n GC26-158  No Significant Mineralization                  \n GC26-160  No Significant Mineralization                  \n\n \n\n(https://images.newsfilecorp.com/files/5717/308077_41fd177b346a2882_002full.jpg)\n\nFigure 1: Plan view of the Main Tyro vein showing geology and drilling\nconducted in 2021, 2023, 2024, 2025, and 2026. Note the locations of Tyro Main\nZone holes GC26-138, GC26-152, GC26-153, GC26-155, GC26-156, GC26-162,\nGC26-164, GC26-167, GC26-170, GC26-171, GC26-172, and Decimal Hill Zone holes\nGC26-129, GC26-131, GC26-133, GC26-135, GC26-139, GC26-158 and GC26-160. \n\nTo view an enhanced version of this graphic, please visit:\nhttps://images.newsfilecorp.com/files/5717/308077_41fd177b346a2882_002full.jpg\n\nSummary of Tyro Main Zone and Decimal Hill Drill Results\n\nThe latest drilling confirms broad mineralization in the upper Tyro Main Zone\nand provides additional information on the geometry of the mineralized system\nat depth. Widespread anomalous gold values, epithermal vein textures, and\nalteration observed in some of the deeper holes support continued evaluation\nof structurally displaced or stacked gold horizons. This remains a working\ngeological interpretation. Future drilling will test the interpretation by\nchasing the deeper Northeast (NE) Tyro mineralization laterally toward Tyro\nMain and toward the Frisco Graben, while also following the priority target\nbeneath the 300 Level.\n\nHole GC26-138 is a core hole designed to test the Main Tyro Zone about 100 to\n150m below the surface and in proximity to the Tyro 300 Level (flooded), which\ndrifted along the vein for about 300m. The mine working, represented by a 2.8m\nvoid, was likely driven along the vein, evidenced by vein in the adjacent\nwalls ranging from 6.4 to 14.9 g/t Au. The high-grade encountered around the\nmine-working makes the area below this hole a likely zone to chase gold\nmineralization to depth, as shown in Figure 2.\n\nHole GC26-162 (RC) traversed 59.5m (TW = 37m) of 0.68 g/t Au at 166.1 to\n225.6m. This brings the mineralized envelope down to about 160m below the\nsurface. Hole GC26-164 (RC) cut 15.2m of 0.62 g/t Au from 193.6m to 208.8m,\nabout 75m north of GC26-162. Both holes reveal that gold deposition is\ncontinuing at depth but likely reflects diminished ground preparation.\n\nThe remainder of the holes were designed to step-down about 50m below drilled\nmineralization, generally about 150 to 250m below the surface (Figure 2). The\nvein system appears to weaken and split into multiple narrower veinlets in\nsome areas and remains open at depth in other areas (Figure 2).\n\nWidespread anomalous gold values, epithermal vein textures, and alteration\nobserved in some of the deeper holes support continued evaluation of\nstructurally displaced or stacked gold horizons. This remains a working\ngeological interpretation rather than a demonstrated continuity model. Future\ndrilling will test the interpretation by tracing the deeper NE Tyro\nmineralization laterally toward Tyro Main and the Frisco Graben, while also\nfollowing the priority target beneath the 300 Level.\n\nAt Decimal Hill, previous drilling was shallow, so the subject program tested\ndown to about 100 to 150m below the surface. Drilling in the Decimal Hill area\ncontinues to intersect anomalous values (i.e. GC26-131; Table 2) but has yet\nto identify a coherent vein structure as observed to the north in the Tyro\nMain Zone and in the Footwall of the White Spar fault (Figure 2).\n\n(https://images.newsfilecorp.com/files/5717/308077_41fd177b346a2882_003full.jpg)\n\nFigure 2. Longitudinal section of the Tyro Main and NE Zones showing drilling\nand intercepts to date along with gold assays; drill holes reported here are\nshown in blue. An approximate limit to quartz vein and gold mineralization\n(horizontally projected) is shown in red and provides some definition to\nnear-term target areas. \n\nTo view an enhanced version of this graphic, please visit:\nhttps://images.newsfilecorp.com/files/5717/308077_41fd177b346a2882_003full.jpg\n\nComparison of NE Tyro and Tyro Main Zone\n\nThe marked differences between the two zones may be best explained by multiple\nzones or stacked horizons of gold deposition. Another explanation may revolve\naround the importance of rhyolite dikes emplaced into the Tyro structural\ncorridor. Intersecting structures must also be considered as well. Drilling\nproposed for the 2026-2027 drilling campaign will test both zones along strike\nand at depth.\n\nAnalysis of the core and RC chips reveals a pronounced increase in\nvein-related alteration at NE Tyro consisting of quartz-illite-pyrite relative\nto the Tyro Main Zone. In contrast, the mineralized intervals in the Tyro Main\nZone contain relatively minor illite-pyrite with a greater proportion of early\npropylitic alteration (quartz-chlorite-pyrite). The alteration assemblages\nalone suggest that the two zones may have been deposited at distinct\nelevations, temperatures, or both.\n\nVeining within both zones (Figure 2) consists of multiple\nquartz-calcite-adularia stages punctuated by breccia events. The widespread\npresence of quartz pseudomorphs after bladed calcite (\"lattice texture\")\ndeposited over several stages argues for telescoping and a migrating boiling\nhorizon during gold deposition. This may not be surprising considering the\ncomplex structural history of the Tyro Vein and, in general, the Katherine\ndistrict. Tectonic movements along the controlling structures during and after\nthe suspected gold events can explain the juxtaposition of contrasting vein\nstyles, textures and gold grades. Such tectonic movements or a combination of\nthese can result in stacked gold shells or a vertical precious-metal range\ngreater than normally encountered in low-sulfidation epithermal systems.\n\nFigure 2 provides a longitudinal view of all drill holes into the Tyro Main\nand NE zones. Analytical results are also provided, allowing for the\ndefinition of 'gold deposition', structural blocks, wall rock alteration and\nvein styles. Future drill targeting also needs to consider structural rotation\nof the precious-metal horizon (relative to the original paleo-surface,\npost-mineral offsets, and rapid uplift). Experience gained so far along the\nTyro vein system suggests focusing upon deep drilling at Tyro NE and moving\nlaterally to the southwest (toward the Tyro Main Zone) and northeast (toward\nthe Frisco Graben) with incremental step-outs.\n\nTable 3: Drill Hole Locations and Descriptions - Tyro Main Zone\n\n Hole No.         Azimuth     Inclination   Easting  Northing   Length   \n                  (degrees)   (degrees)                         (m)      \n GC26-138 (core)  300         -55           732,439  3,901,450  349.0    \n GC26-152 (core)  295         -60           732,439  3,901,454  330.7    \n GC26-153 (core)  290         -55           732,145  3,901,133  304.8    \n GC26-155         330         -60           731,927  3,900,910  182.9    \n GC26-156         290         -60           732,090  3,901,022  294.1    \n GC26-162         335         -55           732,085  3,901,026  227.1    \n GC26-164         325         -45           732,168  3,901,193  243.8    \n GC26-167         295         -70           732,161  3,901,192  323.1    \n GC26-170         300         -70           732,142  3,901,135  349.0    \n GC26-171         290         -70           732,082  3,901,028  330.7    \n GC26-172         275         -60           732,081  3,901,028  304.8    \n\n \n\nTable 4: Drill Hole Locations and Descriptions - Decimal Hill Zone\n\n Hole No.  Azimuth     Inclination   Easting  Northing   Length   \n           (degrees)   (degrees)                         (m)      \n GC26-129  305         -75           731,897  3,900,896  152.4    \n GC26-131  305         -75           731,777  3,900,811  152.4    \n GC26-133  305         -50           731,776  3,900,811  152.4    \n GC26-135  60          -60           731,781  3,900,810  178.31   \n GC26-139  90          -60           731,780  3,900,808  105.16   \n GC26-158  350         -50           731,884  3,900,792  166.1    \n GC26-160  10          -50           731,816  3,900,793  157.0    \n\n \n\nQualified Person\n\nRobert Johansing, M.Sc. Econ. Geol., P. Geo., the Company's Vice President,\nExploration, is a qualified person (\"QP\") as defined by NI 43-101 and has\nreviewed and approved the technical content of this press release. Mr.\nJohansing has also been responsible for overseeing all phases of the drilling\nprogram, including logging, labelling, bagging and transport from the project\nto American Assay Laboratories of Sparks, Nevada. Drillholes have a diameter\nof about 10cm, and samples have an approximate weight of 5 to 10kg. Core size\nis HQ (2.5\"/63.5mm) and is logged, photographed and cut at the Company's\nBullhead City sampling facility including the insertion of blanks and\nstandards. Samples were then dried, crushed and split, and pulp samples were\nprepared for analysis. Gold was determined by fire assay with an ICP finish,\nand over-limit samples were determined by fire assay and gravimetric finish.\nSilver plus 15 other elements were determined by Aqua Regia ICP-AES (IM-2A16),\nand over-limit samples were determined by fire assay and gravimetric finish.\nBoth certified standards and blanks were inserted on site along with\nduplicates, standards and blanks inserted by American Assay. The results\nsummarized above have been carefully reviewed with reference to the QA/QC\nresults. Standard sample chain of custody procedures were employed during\ndrilling and sampling campaigns until delivery to the analytical facility.\n\nAbout West Point Gold Corp.\n\nWest Point Gold is an exploration and development company focused on unlocking\nvalue across four strategically located projects along the prolific Walker\nLane Trend in Nevada and Arizona, USA, providing shareholders with exposure to\nmultiple discovery opportunities across one of North America's most productive\ngold regions. The Company's near-term priority is advancing its flagship Gold\nChain Project in Arizona.\n\nFor further information regarding this press release, please contact:\n\nAaron Paterson, Corporate Communications Manager\nPhone: +1 (778) 358-6173\nEmail: info@westpointgold.com\n\nStay Connected with Us:\n\nLinkedIn: linkedin.com/company/west-point-gold\n(https://api.newsfilecorp.com/redirect/1KNeBtQWoA)\nX (Twitter): @westpointgoldUS\nFacebook: facebook.com/Westpointgold/\n(https://api.newsfilecorp.com/redirect/ZEBgpspZvQ)\nWebsite: westpointgold.com/ (https://api.newsfilecorp.com/redirect/angDKh1ZBq)\n\nFORWARD-LOOKING STATEMENTS:\n\nCertain statements contained in this press release constitute forward-looking\ninformation. These statements relate to future events or future performance.\nForward-looking statements include estimates and statements that describe the\nCompany's plans, objectives or goals, including words to the effect that the\nCompany or management expects a stated condition or result to occur. The use\nof any of the words \"could\", \"intend\", \"expect\", \"believe\", \"will\",\n\"projected\", \"estimated\" and similar expressions and statements relating to\nmatters that are not historical facts are intended to identify forward-looking\ninformation and are based on the Company's current belief or assumptions as to\nthe outcome and timing of such future events including, among others,\nassumptions about future prices of gold, silver, and other metal prices,\ncurrency exchange rates and interest rates, timing of the Company's maiden\nresource estimate, favourable operating conditions, political stability,\nobtaining government approvals and financing on time, obtaining renewals for\nexisting licenses and permits and obtaining required licenses and permits,\nlabour stability, stability in market conditions, availability of equipment,\navailability of drill rigs, and anticipated costs and expenditures. In\nparticular, this press release contains forward-looking statements concerning\nthe timing of a maiden resource estimate and the belief that Tyro Main Zone\ncould be open to depth. The Company cautions that all forward-looking\nstatements are inherently uncertain, and that actual performance may be\naffected by a number of material factors, many of which are beyond the\nCompany's control. Such factors include, among other things: risks and\nuncertainties relating to West Point Gold's ability to complete any payments\nor expenditures required under the Company's various option agreements for its\nprojects; and other risks and uncertainties relating to the actual results of\ncurrent exploration activities, the uncertainties related to resources\nestimates; the uncertainty of estimates and projections in relation to\nproduction, costs and expenses; risks relating to grade and continuity of\nmineral deposits; the uncertainties involved in interpreting drill results and\nother exploration data; the potential for delays in exploration or development\nactivities; uncertainty related to the geology, grade and continuity of\nmineral deposits; the possibility that future exploration, development or\nmining results may vary from those expected; statements about expected results\nof operations, royalties, cash flows, financial position may not be consistent\nwith the Company's expectations due to accidents, equipment breakdowns, title\nand permitting matters, labour disputes or other unanticipated difficulties\nwith or interruptions in operations, fluctuating metal prices, unanticipated\ncosts and expenses, uncertainties relating to the availability and costs of\nfinancing needed in the future and regulatory restrictions, including\nenvironmental regulatory restrictions. The possibility that future\nexploration, development or mining results will not be consistent with\nadjacent properties and the Company's expectations; operational risks and\nhazards inherent with the business of mining (including environmental\naccidents and hazards, industrial accidents, equipment breakdown, unusual or\nunexpected geological or structural formations, cave-ins, flooding and severe\nweather); metal price fluctuations; environmental and regulatory requirements;\navailability of permits, failure to convert estimated mineral resources to\nreserves; the inability to complete a feasibility study which recommends a\nproduction decision; the preliminary nature of metallurgical test results;\nfluctuating gold prices; possibility of equipment breakdowns and delays,\nexploration cost overruns, availability of capital and financing, general\neconomic, political risks, market or business conditions, regulatory changes,\ntimeliness of government or regulatory approvals and other risks involved in\nthe mineral exploration and development industry, and those risks set out in\nthe filings on SEDAR+ made by the Company with securities regulators. Although\nthe Company believes that the assumptions and factors used in preparing the\nforward-looking information in this corporate press release are reasonable,\nundue reliance should not be placed on such information, which only applies as\nof the date of this news release, and no assurance can be given that such\nevents will occur in the disclosed time frames or at all. The Company\nexpressly disclaims any intention or obligation to update or revise any\nforward-looking statements whether as a result of new information, future\nevents or otherwise, other than as required by applicable securities\nlegislation.\n\nNeither the TSX Venture Exchange nor its Regulation Services Provider (as that\nterm is defined in the policies of the TSX Venture Exchange) accepts\nresponsibility for the adequacy or accuracy of this release.\n\n\nTo view the source version of this press release, please visit\nhttps://www.newsfilecorp.com/release/308077","article_body_html":"","raw_payload":{"data":{"id":"nNFC6Yc29J","title":"West Point Gold Drills 30.4 m of 2.31 g/t Au at Tyro Main Zone","author":"Newsfile Corp","ticker":"WPG","created":"2026-08-05T11:00:58.110Z","tickers":["WPG"],"exchange":"","article_body":"Vancouver, British Columbia--(Newsfile Corp. - August 5, 2026) - West Point\nGold Corp. (TSXV: WPG) (OTCQX: WPGCF) (FSE: LRA0) (\"West Point Gold\" or the\n\"Company\") is pleased to announce drill results from 18 holes completed at\nthe Tyro Main and adjacent Decimal Hill zones, at its flagship Gold Chain\nProject in Arizona. The results are highlighted by GC26-138 (core), which\nintersected 30.4 metres (\"m\") of 2.31 grams per tonne (\"g/t\") gold (\"Au\").\nThis mineralized interval is bisected by a 2.8m void (Table 1) that is likely\nan adit (300 Level) driven on vein prior to 1920.\n\nThe results from 18 holes representing 4,304m are presented below. The\nremaining results from the 21,079m drill program represent 603m from the Black\nDyke target. The Company plans to resume drilling in mid-September.\n\nHighlights:\n* Hole GC26-138 (core) drilled across the Tyro Main Zone and cut the 300L at\n56.9m to 59.7m. The vein returned 2.18 g/t Au over 7.7m above the 300L, and\n2.36 g/t Au over 22.7m below it. The estimated true width (\"TW\") for this\nintercept, including the 300L, is 28m.\n* Hole GC26-138 also encountered elevated gold grades (6.4 to 14.9 g/t Au)\nadjacent to the mine workings, suggesting it was driven on high-grade vein and\nbreccia that can be projected to depth.\n* Hole GC26-162 (RC) traversed 59.5m (TW = 37m) of 0.68 g/t Au at 166.1 to\n225.6m.\n* Some of the deeper holes (below 200m) encountered areas of weaker or no\nsignificant mineralization; however, the widespread presence of anomalous gold\nvalues and what appear to be \"upper level\" textures and alteration suggest\nthat there may be stacked horizons of gold deposition, indicating the Tyro\nMain Zone remains open to depth\n\"Drilling in the upper levels of the Tyro Main Zone continues to produce\nconsistent results and West Point Gold is well positioned for the Tyro maiden\nresource, which remains on track to be completed in late Q3 or early Q4 this\nyear. Additionally, deeper drilling is guiding our efforts to expand the gold\nzone to depth comparable to the Northeast Tyro Zone. We plan to target below\nthe entire 1.2km strike length of the Tyro Main and NE Tyro zones with the\nnext drill program,\" stated Derek Macpherson, President and CEO.\n\nTable 1: Drill Results - Tyro Main Zone\n\n Holes            From    To      Width   Estimated        Grade      \n                  (m)     (m)     (m)     True Width (m)   (g/t Au)   \n GC26-138 (core)  49.2    56.9    7.7     7                2.18       \n Including        56.9    59.7    2.8     VOID                        \n Including        59.7    82.4    22.7    20               2.36       \n GC26-152 (core)  231.6   234.6   3.0     3                1.66       \n GC26-153 (core)  No Significant Mineralization                       \n GC26-155         30.5    35.1    4.6     3                0.68       \n and              117.4   120.4   3.0     2                3.14       \n and              153.9   158.5   4.6     3                0.73       \n GC26-156         No Significant Mineralization                       \n GC26-162         166.1   225.6   59.5    37               0.68       \n GC26-164         201.2   208.8   7.6     5                0.94       \n GC26-167         33.5    35.0    1.5     1                2.22       \n GC26-170         No Significant Mineralization                       \n GC26-171         No Significant Mineralization                       \n GC26-172         No Significant Mineralization                       \n\n \n\nTable 2: Drill Results - Decimal Hill Zone\n\n Holes     From (m)  To (m)    Width (m)  Grade (g/t Au)  \n GC26-129  No Significant Mineralization                  \n GC26-131  117.4     118.8     1.4        1.70            \n GC26-133  176.8     178.3     1.5        0.82            \n GC26-135  33.5      45.7      12.2       0.49            \n GC26-139  No Significant Mineralization                  \n GC26-158  No Significant Mineralization                  \n GC26-160  No Significant Mineralization                  \n\n \n\n(https://images.newsfilecorp.com/files/5717/308077_41fd177b346a2882_002full.jpg)\n\nFigure 1: Plan view of the Main Tyro vein showing geology and drilling\nconducted in 2021, 2023, 2024, 2025, and 2026. Note the locations of Tyro Main\nZone holes GC26-138, GC26-152, GC26-153, GC26-155, GC26-156, GC26-162,\nGC26-164, GC26-167, GC26-170, GC26-171, GC26-172, and Decimal Hill Zone holes\nGC26-129, GC26-131, GC26-133, GC26-135, GC26-139, GC26-158 and GC26-160. \n\nTo view an enhanced version of this graphic, please visit:\nhttps://images.newsfilecorp.com/files/5717/308077_41fd177b346a2882_002full.jpg\n\nSummary of Tyro Main Zone and Decimal Hill Drill Results\n\nThe latest drilling confirms broad mineralization in the upper Tyro Main Zone\nand provides additional information on the geometry of the mineralized system\nat depth. Widespread anomalous gold values, epithermal vein textures, and\nalteration observed in some of the deeper holes support continued evaluation\nof structurally displaced or stacked gold horizons. This remains a working\ngeological interpretation. Future drilling will test the interpretation by\nchasing the deeper Northeast (NE) Tyro mineralization laterally toward Tyro\nMain and toward the Frisco Graben, while also following the priority target\nbeneath the 300 Level.\n\nHole GC26-138 is a core hole designed to test the Main Tyro Zone about 100 to\n150m below the surface and in proximity to the Tyro 300 Level (flooded), which\ndrifted along the vein for about 300m. The mine working, represented by a 2.8m\nvoid, was likely driven along the vein, evidenced by vein in the adjacent\nwalls ranging from 6.4 to 14.9 g/t Au. The high-grade encountered around the\nmine-working makes the area below this hole a likely zone to chase gold\nmineralization to depth, as shown in Figure 2.\n\nHole GC26-162 (RC) traversed 59.5m (TW = 37m) of 0.68 g/t Au at 166.1 to\n225.6m. This brings the mineralized envelope down to about 160m below the\nsurface. Hole GC26-164 (RC) cut 15.2m of 0.62 g/t Au from 193.6m to 208.8m,\nabout 75m north of GC26-162. Both holes reveal that gold deposition is\ncontinuing at depth but likely reflects diminished ground preparation.\n\nThe remainder of the holes were designed to step-down about 50m below drilled\nmineralization, generally about 150 to 250m below the surface (Figure 2). The\nvein system appears to weaken and split into multiple narrower veinlets in\nsome areas and remains open at depth in other areas (Figure 2).\n\nWidespread anomalous gold values, epithermal vein textures, and alteration\nobserved in some of the deeper holes support continued evaluation of\nstructurally displaced or stacked gold horizons. This remains a working\ngeological interpretation rather than a demonstrated continuity model. Future\ndrilling will test the interpretation by tracing the deeper NE Tyro\nmineralization laterally toward Tyro Main and the Frisco Graben, while also\nfollowing the priority target beneath the 300 Level.\n\nAt Decimal Hill, previous drilling was shallow, so the subject program tested\ndown to about 100 to 150m below the surface. Drilling in the Decimal Hill area\ncontinues to intersect anomalous values (i.e. GC26-131; Table 2) but has yet\nto identify a coherent vein structure as observed to the north in the Tyro\nMain Zone and in the Footwall of the White Spar fault (Figure 2).\n\n(https://images.newsfilecorp.com/files/5717/308077_41fd177b346a2882_003full.jpg)\n\nFigure 2. Longitudinal section of the Tyro Main and NE Zones showing drilling\nand intercepts to date along with gold assays; drill holes reported here are\nshown in blue. An approximate limit to quartz vein and gold mineralization\n(horizontally projected) is shown in red and provides some definition to\nnear-term target areas. \n\nTo view an enhanced version of this graphic, please visit:\nhttps://images.newsfilecorp.com/files/5717/308077_41fd177b346a2882_003full.jpg\n\nComparison of NE Tyro and Tyro Main Zone\n\nThe marked differences between the two zones may be best explained by multiple\nzones or stacked horizons of gold deposition. Another explanation may revolve\naround the importance of rhyolite dikes emplaced into the Tyro structural\ncorridor. Intersecting structures must also be considered as well. Drilling\nproposed for the 2026-2027 drilling campaign will test both zones along strike\nand at depth.\n\nAnalysis of the core and RC chips reveals a pronounced increase in\nvein-related alteration at NE Tyro consisting of quartz-illite-pyrite relative\nto the Tyro Main Zone. In contrast, the mineralized intervals in the Tyro Main\nZone contain relatively minor illite-pyrite with a greater proportion of early\npropylitic alteration (quartz-chlorite-pyrite). The alteration assemblages\nalone suggest that the two zones may have been deposited at distinct\nelevations, temperatures, or both.\n\nVeining within both zones (Figure 2) consists of multiple\nquartz-calcite-adularia stages punctuated by breccia events. The widespread\npresence of quartz pseudomorphs after bladed calcite (\"lattice texture\")\ndeposited over several stages argues for telescoping and a migrating boiling\nhorizon during gold deposition. This may not be surprising considering the\ncomplex structural history of the Tyro Vein and, in general, the Katherine\ndistrict. Tectonic movements along the controlling structures during and after\nthe suspected gold events can explain the juxtaposition of contrasting vein\nstyles, textures and gold grades. Such tectonic movements or a combination of\nthese can result in stacked gold shells or a vertical precious-metal range\ngreater than normally encountered in low-sulfidation epithermal systems.\n\nFigure 2 provides a longitudinal view of all drill holes into the Tyro Main\nand NE zones. Analytical results are also provided, allowing for the\ndefinition of 'gold deposition', structural blocks, wall rock alteration and\nvein styles. Future drill targeting also needs to consider structural rotation\nof the precious-metal horizon (relative to the original paleo-surface,\npost-mineral offsets, and rapid uplift). Experience gained so far along the\nTyro vein system suggests focusing upon deep drilling at Tyro NE and moving\nlaterally to the southwest (toward the Tyro Main Zone) and northeast (toward\nthe Frisco Graben) with incremental step-outs.\n\nTable 3: Drill Hole Locations and Descriptions - Tyro Main Zone\n\n Hole No.         Azimuth     Inclination   Easting  Northing   Length   \n                  (degrees)   (degrees)                         (m)      \n GC26-138 (core)  300         -55           732,439  3,901,450  349.0    \n GC26-152 (core)  295         -60           732,439  3,901,454  330.7    \n GC26-153 (core)  290         -55           732,145  3,901,133  304.8    \n GC26-155         330         -60           731,927  3,900,910  182.9    \n GC26-156         290         -60           732,090  3,901,022  294.1    \n GC26-162         335         -55           732,085  3,901,026  227.1    \n GC26-164         325         -45           732,168  3,901,193  243.8    \n GC26-167         295         -70           732,161  3,901,192  323.1    \n GC26-170         300         -70           732,142  3,901,135  349.0    \n GC26-171         290         -70           732,082  3,901,028  330.7    \n GC26-172         275         -60           732,081  3,901,028  304.8    \n\n \n\nTable 4: Drill Hole Locations and Descriptions - Decimal Hill Zone\n\n Hole No.  Azimuth     Inclination   Easting  Northing   Length   \n           (degrees)   (degrees)                         (m)      \n GC26-129  305         -75           731,897  3,900,896  152.4    \n GC26-131  305         -75           731,777  3,900,811  152.4    \n GC26-133  305         -50           731,776  3,900,811  152.4    \n GC26-135  60          -60           731,781  3,900,810  178.31   \n GC26-139  90          -60           731,780  3,900,808  105.16   \n GC26-158  350         -50           731,884  3,900,792  166.1    \n GC26-160  10          -50           731,816  3,900,793  157.0    \n\n \n\nQualified Person\n\nRobert Johansing, M.Sc. Econ. Geol., P. Geo., the Company's Vice President,\nExploration, is a qualified person (\"QP\") as defined by NI 43-101 and has\nreviewed and approved the technical content of this press release. Mr.\nJohansing has also been responsible for overseeing all phases of the drilling\nprogram, including logging, labelling, bagging and transport from the project\nto American Assay Laboratories of Sparks, Nevada. Drillholes have a diameter\nof about 10cm, and samples have an approximate weight of 5 to 10kg. Core size\nis HQ (2.5\"/63.5mm) and is logged, photographed and cut at the Company's\nBullhead City sampling facility including the insertion of blanks and\nstandards. Samples were then dried, crushed and split, and pulp samples were\nprepared for analysis. Gold was determined by fire assay with an ICP finish,\nand over-limit samples were determined by fire assay and gravimetric finish.\nSilver plus 15 other elements were determined by Aqua Regia ICP-AES (IM-2A16),\nand over-limit samples were determined by fire assay and gravimetric finish.\nBoth certified standards and blanks were inserted on site along with\nduplicates, standards and blanks inserted by American Assay. The results\nsummarized above have been carefully reviewed with reference to the QA/QC\nresults. Standard sample chain of custody procedures were employed during\ndrilling and sampling campaigns until delivery to the analytical facility.\n\nAbout West Point Gold Corp.\n\nWest Point Gold is an exploration and development company focused on unlocking\nvalue across four strategically located projects along the prolific Walker\nLane Trend in Nevada and Arizona, USA, providing shareholders with exposure to\nmultiple discovery opportunities across one of North America's most productive\ngold regions. The Company's near-term priority is advancing its flagship Gold\nChain Project in Arizona.\n\nFor further information regarding this press release, please contact:\n\nAaron Paterson, Corporate Communications Manager\nPhone: +1 (778) 358-6173\nEmail: info@westpointgold.com\n\nStay Connected with Us:\n\nLinkedIn: linkedin.com/company/west-point-gold\n(https://api.newsfilecorp.com/redirect/1KNeBtQWoA)\nX (Twitter): @westpointgoldUS\nFacebook: facebook.com/Westpointgold/\n(https://api.newsfilecorp.com/redirect/ZEBgpspZvQ)\nWebsite: westpointgold.com/ (https://api.newsfilecorp.com/redirect/angDKh1ZBq)\n\nFORWARD-LOOKING STATEMENTS:\n\nCertain statements contained in this press release constitute forward-looking\ninformation. These statements relate to future events or future performance.\nForward-looking statements include estimates and statements that describe the\nCompany's plans, objectives or goals, including words to the effect that the\nCompany or management expects a stated condition or result to occur. The use\nof any of the words \"could\", \"intend\", \"expect\", \"believe\", \"will\",\n\"projected\", \"estimated\" and similar expressions and statements relating to\nmatters that are not historical facts are intended to identify forward-looking\ninformation and are based on the Company's current belief or assumptions as to\nthe outcome and timing of such future events including, among others,\nassumptions about future prices of gold, silver, and other metal prices,\ncurrency exchange rates and interest rates, timing of the Company's maiden\nresource estimate, favourable operating conditions, political stability,\nobtaining government approvals and financing on time, obtaining renewals for\nexisting licenses and permits and obtaining required licenses and permits,\nlabour stability, stability in market conditions, availability of equipment,\navailability of drill rigs, and anticipated costs and expenditures. In\nparticular, this press release contains forward-looking statements concerning\nthe timing of a maiden resource estimate and the belief that Tyro Main Zone\ncould be open to depth. The Company cautions that all forward-looking\nstatements are inherently uncertain, and that actual performance may be\naffected by a number of material factors, many of which are beyond the\nCompany's control. Such factors include, among other things: risks and\nuncertainties relating to West Point Gold's ability to complete any payments\nor expenditures required under the Company's various option agreements for its\nprojects; and other risks and uncertainties relating to the actual results of\ncurrent exploration activities, the uncertainties related to resources\nestimates; the uncertainty of estimates and projections in relation to\nproduction, costs and expenses; risks relating to grade and continuity of\nmineral deposits; the uncertainties involved in interpreting drill results and\nother exploration data; the potential for delays in exploration or development\nactivities; uncertainty related to the geology, grade and continuity of\nmineral deposits; the possibility that future exploration, development or\nmining results may vary from those expected; statements about expected results\nof operations, royalties, cash flows, financial position may not be consistent\nwith the Company's expectations due to accidents, equipment breakdowns, title\nand permitting matters, labour disputes or other unanticipated difficulties\nwith or interruptions in operations, fluctuating metal prices, unanticipated\ncosts and expenses, uncertainties relating to the availability and costs of\nfinancing needed in the future and regulatory restrictions, including\nenvironmental regulatory restrictions. The possibility that future\nexploration, development or mining results will not be consistent with\nadjacent properties and the Company's expectations; operational risks and\nhazards inherent with the business of mining (including environmental\naccidents and hazards, industrial accidents, equipment breakdown, unusual or\nunexpected geological or structural formations, cave-ins, flooding and severe\nweather); metal price fluctuations; environmental and regulatory requirements;\navailability of permits, failure to convert estimated mineral resources to\nreserves; the inability to complete a feasibility study which recommends a\nproduction decision; the preliminary nature of metallurgical test results;\nfluctuating gold prices; possibility of equipment breakdowns and delays,\nexploration cost overruns, availability of capital and financing, general\neconomic, political risks, market or business conditions, regulatory changes,\ntimeliness of government or regulatory approvals and other risks involved in\nthe mineral exploration and development industry, and those risks set out in\nthe filings on SEDAR+ made by the Company with securities regulators. Although\nthe Company believes that the assumptions and factors used in preparing the\nforward-looking information in this corporate press release are reasonable,\nundue reliance should not be placed on such information, which only applies as\nof the date of this news release, and no assurance can be given that such\nevents will occur in the disclosed time frames or at all. The Company\nexpressly disclaims any intention or obligation to update or revise any\nforward-looking statements whether as a result of new information, future\nevents or otherwise, other than as required by applicable securities\nlegislation.\n\nNeither the TSX Venture Exchange nor its Regulation Services Provider (as that\nterm is defined in the policies of the TSX Venture Exchange) accepts\nresponsibility for the adequacy or accuracy of this release.\n\n\nTo view the source version of this press release, please visit\nhttps://www.newsfilecorp.com/release/308077"},"type":"article","timestamp":"2026-08-05T11:00:58.200535252Z","server_sent_at_ms":1785927658200},"received_at":"2026-08-05T11:00:58.349Z","source_url":"https://www.newsfilecorp.com/release/308077"},"analysis":{"id":"98255","press_release_id":"109250","analysis_json":{"industry":{"label":"Metals & Mining","sector":"Materials"},"redFlags":["Several holes returned no significant mineralization","Vein system appears to weaken and split into narrower veinlets in some deeper areas"],"eventType":"operations_update","narrative":"West Point Gold reported drill results from 18 holes at its Tyro Main and Decimal Hill zones, highlighted by a 30.4-meter intercept grading 2.31 g/t Au in hole GC26-138.\n\nThe results confirm consistent mineralization in the upper levels of the Tyro Main Zone, with the maiden resource estimate remaining on track for completion in late Q3 or early Q4.\n\nWhile deeper drilling encountered areas of weaker mineralization, the company plans to resume drilling in mid-September to target depth extensions along the 1.2km strike length.","sentiment":"bullish","agentHooks":{"shouldPost":false,"suggestedAngle":"Strong intercept at Tyro Main supports resource timeline, but mixed deep results."},"keyFigures":{"customDimensions":{"true_width_m":28,"holes_completed":18,"total_drill_meters":21079,"drill_interval_length_m":30.4,"drill_interval_grade_g_t_au":2.31}},"quotedText":"Drilling in the upper levels of the Tyro Main Zone continues to produce consistent results and West Point Gold is well positioned for the Tyro maiden resource, which remains on track to be completed in late Q3 or early Q4 this year.","namedEntities":{"people":[{"name":"Derek Macpherson","role":"President and CEO"},{"name":"Robert Johansing","role":"VP Exploration"},{"name":"Aaron Paterson","role":"Corporate Communications Manager"}],"products":["Gold Chain Project","Tyro Main Zone","Decimal Hill Zone","Black Dyke target"],"companies":[{"name":"West Point Gold Corp.","ticker":"WPG"},{"name":"American Assay Laboratories","relationship":"service provider"}],"dollarAmounts":[]},"materialImpact":{"score":2,"reasoning":"Routine drill result announcement for a junior exploration company. While results are positive and support the maiden resource timeline, they do not constitute a binary event or a fundamental re-rating of the asset."},"tickerRelevance":{"others":[],"primary":"WPG"},"globalImportance":10,"audienceRelevance":15,"eventTypeSecondary":[],"importanceComponents":{"tickerTier":"micro-cap","eventGravity":"exploration_results","sectorWeight":"low"}},"event_type":"operations_update","event_type_secondary":null,"sentiment":"bullish","material_impact_score":2,"narrative":"West Point Gold reported drill results from 18 holes at its Tyro Main and Decimal Hill zones, highlighted by a 30.4-meter intercept grading 2.31 g/t Au in hole GC26-138.\n\nThe results confirm consistent mineralization in the upper levels of the Tyro Main Zone, with the maiden resource estimate remaining on track for completion in late Q3 or early Q4.\n\nWhile deeper drilling encountered areas of weaker mineralization, the company plans to resume drilling in mid-September to target depth extensions along the 1.2km strike length.","key_figures":{"customDimensions":{"true_width_m":28,"holes_completed":18,"total_drill_meters":21079,"drill_interval_length_m":30.4,"drill_interval_grade_g_t_au":2.31}},"named_entities":{"people":[{"name":"Derek Macpherson","role":"President and CEO"},{"name":"Robert Johansing","role":"VP Exploration"},{"name":"Aaron Paterson","role":"Corporate Communications Manager"}],"products":["Gold Chain Project","Tyro Main Zone","Decimal Hill Zone","Black Dyke target"],"companies":[{"name":"West Point Gold Corp.","ticker":"WPG"},{"name":"American Assay Laboratories","relationship":"service provider"}],"dollarAmounts":[]},"model_name":"glm-4.7","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-08-05T14:11:21.595Z","global_importance":10,"audience_relevance":15,"importance_components":{"tickerTier":"micro-cap","eventGravity":"exploration_results","sectorWeight":"low"}},"durationMs":287321,"modelName":"glm-4.7"}}