West Point Gold Stock Price, News & Analysis

West Point Gold Corp (OTCQB: WPGCF) has announced the appointment of Mark Reischman as technical advisor. Reischman brings over 40 years of geological expertise, particularly in the Walker Lane Trend, Nevada. His notable experience includes serving as Exploration Manager at Corvus Gold from 2010 to 2022, where he oversaw the discovery and development of a multimillion-ounce gold deposit in the Bullfrog District.

Following Corvus's acquisition in January 2022, Reischman worked as Technical Advisor for AngloGold Ashanti until 2023. His previous roles include consulting geologist for LAC Minerals and Barrick Bullfrog Mine in the mid-90s, and Senior Geologist for AngloGold North America from 1999-2003.

The company has also granted 250,000 stock options to a new director at an exercise price of $0.49 per share, expiring on March 8, 2029.

West Point Gold Corp (OTCQB: WPGCF) has appointed Axemen Resource Capital as Strategic Advisors. Axemen brings significant expertise to the table, having raised over $1 billion in resource markets for early-stage opportunities, with resulting M&A transactions multiplying this amount substantially.

The strategic advisory firm specializes in capital market consulting services, project development valuations, institutional sales, and strategic growth initiatives. CEO Quentin Mai highlighted that this appointment reflects the quality of opportunity at the Tyro Main Zone and the broader Gold Chain Land package. Axemen's experience in advising growth companies across various development stages is expected to enhance West Point Gold's strategic decision-making processes.

West Point Gold (WPGCF) has resumed its maiden resource drill program at the Gold Chain Project in Arizona. The company plans to execute at least 3,000m of reverse circulation drilling, focusing on the Tyro Main Zone. Previous drilling highlights include intersections of 42.8m at 2.50 g/t Au (hole GC24-34) and 89.5m at 1.08 g/t Au (hole GC24-30).

The company has also appointed Conrad Nest as a new Independent Director, bringing over 25 years of experience in mergers and acquisitions, corporate governance, and securities law. Peter Mercer has stepped down from the Board but remains an advisor. The company's CEO, Quentin Mai, is scheduled to present at the Metals Investor Forum on March 1st, 2025.

West Point Gold Corp. (WPGCF) has announced significant results from infill sampling on holes GC24-30, GC24-31, and GC24-32 at the Tyro Main Zone. The sampling revealed wider and more continuous mineralization than previously thought.

Key findings include:

• Hole GC24-30: Extended to 89.50m of 1.08 g/t Au, including intervals of 55.61m of 1.44 g/t Au and 36.10m of 2.02 g/t Au
• Hole GC24-32: Now reported as 51.16m of 1.21 g/t Au

The results increased the mineralized package width to over 50 metres, supporting the previously announced exploration target of 15.6 to 31.2 Mt at 1.5 to 2.5 g/t Au. The company plans a 3,000m RC drill program for additional clarity on widths and grades at the Tyro Main Zone.

West Point Gold (WPGCF) has expanded its Gold Chain Project in Arizona by staking 113 additional lode claims on BLM land, increasing the project area by approximately 30%. The project now encompasses 492 lode claims covering 9,840 acres and 15 patented claims covering 282 acres.

The expansion extends northwest along the Union Pass Fault where it meets the Frisco Mine Fault. The new claims cover a major NNW-trending structural corridor hosting rhyolite flow domes, dikes, volcanic centers, and underexplored gold occurrences. Previous sampling in the area has yielded up to 2.07 g/t Au, with mineralization roughly defined over 7 kilometers.

While the company's near-term focus remains on the Tyro Main Zone, high-priority targets include the Tyro Extensions to the South and the Frisco Graben to the North for future drilling.

West Point Gold (TSXV: WPG) (OTCQB: WPGCF) has announced a new stock option grant approved by its Board of Directors. The company has granted 450,000 stock options to certain directors and consultants under its 2020 Stock Option Plan. The options are exercisable at $0.33 per share, vest immediately, and will expire on February 13, 2030.

Additionally, the company issued a correction regarding its previous press release about engaging ICP Securities Inc., clarifying that the correct start date is February 12, 2025, not February 12, 2024 as initially stated.

West Point Gold (WPGCF) has announced engaging ICP Securities Inc. for automated market making services. The agreement, which began on February 12, 2024, has an initial term of four months with automatic one-month renewals thereafter, unless either party provides 30 days notice of termination.

ICP will provide automated market making services using its proprietary algorithm, ICP Premium™, in compliance with TSX Exchange policies and applicable legislation. The company will pay ICP a monthly fee of C$7,500 plus taxes. The agreement contains no performance factors, stock options, or additional compensation.

ICP's primary role will be to correct temporary imbalances in supply and demand of West Point Gold's shares. Currently, ICP has no direct or indirect interest in the company or its securities but may acquire an interest in the future.

West Point Gold (TSXV: WPG) (OTCQB: WPGCF) has appointed Andrew Bowering as Strategic Advisor. Bowering brings over 35 years of experience in venture capital and mineral exploration, with a proven track record in building shareholder value through project development and strategic acquisitions.

Bowering has led teams in raising over $500 million in development capital and has held senior management positions overseeing various asset transactions. He is the founder and director of Prime Mining Corp and Apollo Silver, and co-founded Millennial Lithium Corp, which was later acquired by Lithium Americas.

CEO Quentin Mai expressed enthusiasm about Bowering's appointment, highlighting his proven track record. Bowering noted his interest in the company's Gold Chain project, which he views as a compelling opportunity for gold discovery and value creation.

West Point Gold Corp (WPGCF) has announced its participation in the upcoming Kinvestor Mining & Energy Conference 2025 (KME25). CEO Quentin Mai will present on February 12th, 2025 at 8:20am PT / 11:20am ET.

KME25 is a premier virtual conference focusing on innovative small and mid-cap public companies in the mining and energy sectors. The event will feature a roundtable panel titled 'Resources in a Time of Transition,' exploring how political shifts, economic policies, and global tensions are impacting the future of mining, energy, and commodities.

The conference addresses critical global shifts in the mining and energy sectors, particularly focusing on energy transition, renewable initiatives, critical mineral extraction, and supply chain challenges. It aims to help investors navigate changes and identify emerging opportunities in these dynamic markets.