West Point Gold (TSXV: WPG) has reported assay results from five holes at the Northeast Tyro zone of its Gold Chain project, extending gold mineralization to roughly 350 metres below surface and confirming the zone remains open at depth.
Highlight intercepts include:
- GC26-169: 2.5 g/t gold over 51.9 metres from a depth of 275.8 metres, including 4.72 g/t gold over 21.4 metres
- GC26-159: 2.79 g/t gold over 36.5 metres, including 6.46 g/t gold over 9.1 metres, encountered roughly 350 metres below surface
- GC26-157: 3.4 g/t gold over 32.0 metres from a depth of 253 metres, including 7.85 g/t gold over 9.1 metres
The five holes total 1,542 metres and were drilled across three sections, testing the vein system above and below previously reported intercepts. GC26-169 carries an estimated true width of 38 metres and cut the structure about 60 metres below GC26-142, which returned 1.51 g/t gold over 23.6 metres. The mineralized package appears to widen with depth.
A fourth hole, GC26-165, was drilled specifically to find the upper limit of the vein and returned only anomalous gold, which helps bracket the top of the system. Along Line 1050, the vein has no surface expression at all, meaning the zone was drilled blind.
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“Drilling at NE Tyro continues to demonstrate consistent grades and widths,” said Derek Macpherson, president and chief executive officer. He added that the company has now demonstrated gold mineralization vertically over 300 metres at Northeast Tyro and remains on track to deliver the maiden resource at Tyro later this year.
Fourteen holes covering 4,378 metres of the completed 21,079 metre program are still pending. Those assays, along with results from Tyro Main, are expected to feed the maiden resource estimate.
West Point Gold last traded at $1.48 on the TSX Venture.
