West Point Gold Reports Positive Metallurgical Results from Gold Chain with Recoveries of up to 92%
Rhea-AI Summary
West Point Gold (OTCQB: WPGCF) reported Phase 2 metallurgical results for the Tyro Main Zone at Gold Chain showing gold recoveries up to 92% for milled material and recoveries of 39%–69% for crushed material, indicating recoverability by heap leach or conventional milling.
Testing found modest sodium cyanide and lime consumption, low grade-recovery correlation, and potential to improve recoveries with finer grind or longer residence time.
Positive
- Gold recoveries up to 92% from 0.075mm milled material
- Crushed recoveries up to 69% at 1.7mm, supporting multiple processing paths
- Modest reagent consumption: sodium cyanide as low as 0.01 kg/t in some tests
Negative
- Coarse crush (12.5mm) recoveries as low as 16%, indicating sensitivity to grind size
- Low correlation between grade and recovery, complicating straightforward resource-recovery modeling
- Several coarse bottle rolls needed long leach times (up to 168 hours) for higher extractions
News Market Reaction – WPGCF
In the Apr 22 session, WPGCF gained 7.00%, reflecting a notable positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
AI-generated analysis. How Rhea-AI works. Not financial advice.
Vancouver, British Columbia--(Newsfile Corp. - April 22, 2026) - West Point Gold Corporation (TSXV: WPG) (OTCQB: WPGCF) (FSE: LRA0) ("West Point Gold" or the "Company") is pleased to announce positive results from a Phase 2 metallurgical testing program completed by Kappes, Cassiday & Associates ("KCA") for the Tyro Main Zone at the Company's Gold Chain Project located in Arizona. Recoveries on average ranged from
Highlights
- Gold recoveries up to
92% from material milled to 0.075mm. - Gold recoveries up to
69% from material crushed to 1.7mm. - Testing reported modest sodium cyanide and lime consumption.
- Results continue to demonstrate that crush or grind size is key to improving recovery.
- Low correlation between grade and recovery.
- Recoveries were similar across all zones.
- Results suggest that further optimization work on residence time and grind size could improve recoveries.
"These metallurgical results represent another important milestone for Gold Chain as we continue to demonstrate that gold can be recovered by heap leaching or conventional milling from the Tyro Main Zone. These results continue to suggest that there are multiple processing paths, and we plan to continue testing them to optimize the project. The combination of good gold recoveries, favourable reagent consumption, and multiple potential processing paths, supports our view that Gold Chain could host a scalable, low-cost gold project in one of the best mining jurisdictions in the world," stated Derek Macpherson, President and CEO.
Summary of Results
Gold extractions for the 0.075mm milled bottle rolls ranged from
Gold extractions for the 6.3mm HPGR crushed bottle rolls ranged from
Gold extractions for the 1.7mm conventionally crushed bottle rolls ranged from
Gold extractions for the 6.3mm conventionally crushed bottle rolls ranged from
Gold extractions for the 12.5mm conventionally crushed bottle rolls ranged from
Program Details
KCA evaluated twelve representative samples from multiple areas across both the Tyro Main and Northeast Tyro zones, including Trench 1, T9, T10, T15, Vein Outcrop and Tyro 200 level. Sampling was designed to test a range of gold grades.
Each sample was prepared individually for head analyses and leach testing. Coarse bottle roll leach tests were conducted utilizing conventionally crushed material to
Conventionally crushed and HPGR crushed coarse bottle roll leach tests, as well as fine milled cyanide bottle roll leach tests were completed on each of the twelve (12) individual samples.
Equity Catalyst Partners, LLC Marketing Engagement
West Point Gold has engaged Equity Catalyst Partners, LLC ("ECP"), an arm's-length service provider, to provide the Company certain investor relations and marketing services, in accordance with the policies of the TSX Venture Exchange and applicable securities laws. Based in Washington, DC, USA, ECP specializes in media and investor relations services, within the natural resource sector. Under a consulting agreement dated April 10, 2026, ECP will provide media relations, investor communication and market awareness services to the Company for a six-month term for a one-time fee of US
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 in this press release include 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.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/293714