Announcement • Feb 26
West Point Gold Corp. Announces the Results for Four Holes from the High-Grade Zone at Northeast (NE) Tyro
West Point Gold Corp. announced the results for four holes from the high-grade zone at Northeast (NE) Tyro, part of the ongoing 15,000 metre (m) drill program at its Gold Chain Project in Arizona. The Company is reporting assay results for four drill holes (954m), GC25-89, GC25-90, GC26-91 and GC26-93. These holes have extended the strike length of the high-grade zone at NE Tyro to more than 300m. Hole GC25-90 returned 25.9m of 1.23g/t Au from 256.0m to 281.9m and expands the mineralized zone at NE Tyro along strike to the southwest into an area previously considered to be weakly mineralized. To date, 9,898m of the ongoing 15,000m drill program at the Gold Chain project have been completed, with assays released for 4,194m of drilling. Results are pending from the Tyro Main Zone, South Tyro, Red Hill Ledge, Black Dyke and Sheep Trail targets, representing 30 holes. A third drill rig (core) will commence drilling at Gold Chain in early March, focused on increasing understanding of the high-grade NE Tyro zone and extending the Tyro Main Zone to depth. "The continuity and consistent high grades at NE Tyro, along with ability to continue expanding the zone, are positive indicators for the scale potential of this zone. The entire zone remains open to depth and to the northeast along strike. West Point Gold will commence core drilling of both the Northeast and Main Tyro zones in early March. With the anticipated receipt of the Plan of Operations (POO) in early March, drilling will continue to track the vein to the northeast toward the Frisco Graben and to depth. This intercept supports West Point Gold's belief that the NE Tyro high-grade zone projects toward the Frisco Graben target area and plunges to depth beneath a broad alluvium-filled wash. This area will be the initial target for the deep drilling program to commence upon the receipt of the Plan of Operations. Silver plus 15 other elements were determined by Aqua Regia ICP-AES (IM-2A16), and over-limit samples were determined by fire assay and gravimetric finish. Both certified standards and blanks were inserted on site along with duplicates, standards and blanks inserted by American Assay. The results summarized above have been carefully reviewed with reference to the QA/QC results. Standard sample chain of custody procedures were employed during drilling and sampling campaigns until delivery to the analytical facility. Such factors include, among other things: risks and uncertainties relating to the actual results of current exploration activities, the uncertainties related to resources estimates; and other risks and uncertainties relating to current exploration activities, the uncertainty of estimates and projections in relation to production, costs and expenses; risks relating to grade and continuity of mineral deposits; 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, including environmental regulatory regulations. The possibility that future exploration and 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, industrial accidents, equipment breakdown, unusual or unexpected geological or structural formations, cave-ins, flooding and severe weather); metal price fluctuations; environmental and regulatory requirements; 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 production production production and other unanticipated costs of production and costs of financing needed in The Company's financial restrictions, including environmental regulatory restrictions. The possibility that future exploration.
