West Point Gold Reports Positive Preliminary Metallurgical Results from the Gold Chain Project, Arizona
West Point Gold (OTCQB: WPGCF) has announced positive preliminary metallurgical testing results from its Gold Chain Project's Tyro target in Arizona. The bottle roll tests demonstrated gold recoveries up to 86% and silver recoveries up to 80%, indicating that gold at Tyro is cyanide-soluble and likely recoverable through conventional processing methods.
Key findings show that finer crushed material achieved better recoveries, with gold extractions ranging from 32% to 86% after 144 hours of leaching. The company plans to conduct a small-scale bulk sampling program for follow-up testing. Additionally, West Point Gold has discontinued its Jefferson North Project agreement in Nevada and entered into a new marketing agreement with i2i Marketing Group worth up to US$1.25 million.
West Point Gold (OTCQB: WPGCF) ha annunciato risultati preliminari positivi dai test metallurgici condotti sul target Tyro del progetto Gold Chain in Arizona. I test di bottle roll hanno mostrato recuperi d'oro fino all'86% e di argento fino all'80%, indicando che l'oro presente a Tyro è solubile in cianuro e probabilmente recuperabile tramite metodi di lavorazione convenzionali.
I risultati chiave evidenziano che materiali più fini frantumati hanno ottenuto recuperi migliori, con estrazioni d'oro che variano dal 32% all'86% dopo 144 ore di lisciviazione. L'azienda prevede di avviare un programma di campionamento in bulk su piccola scala per ulteriori test. Inoltre, West Point Gold ha interrotto l'accordo per il progetto Jefferson North in Nevada ed è entrata in un nuovo accordo di marketing con i2i Marketing Group del valore fino a 1,25 milioni di dollari USA.
West Point Gold (OTCQB: WPGCF) ha anunciado resultados preliminares positivos de pruebas metalúrgicas en el objetivo Tyro del Proyecto Gold Chain en Arizona. Las pruebas de bottle roll demostraron recuperaciones de oro de hasta el 86% y de plata de hasta el 80%, lo que indica que el oro en Tyro es soluble en cianuro y probablemente recuperable mediante métodos de procesamiento convencionales.
Los hallazgos clave muestran que los materiales triturados más finos lograron mejores recuperaciones, con extracciones de oro que varían del 32% al 86% después de 144 horas de lixiviación. La compañía planea realizar un programa de muestreo a pequeña escala para pruebas de seguimiento. Además, West Point Gold ha cancelado su acuerdo del Proyecto Jefferson North en Nevada y ha firmado un nuevo acuerdo de marketing con i2i Marketing Group por un valor de hasta 1,25 millones de dólares estadounidenses.
West Point Gold (OTCQB: WPGCF)는 애리조나의 골드 체인 프로젝트 타이로 타깃에서 긍정적인 예비 야금 시험 결과를 발표했습니다. 병 롤 테스트에서 금 회수율이 최대 86%, 은 회수율이 최대 80%로 나타나 타이로의 금이 시안화 용해성이며 일반적인 처리 방법으로 회수 가능함을 시사합니다.
주요 결과는 더 미세하게 분쇄된 물질이 더 높은 회수율을 보였다는 점으로, 144시간 침출 후 금 추출률이 32%에서 86% 사이였습니다. 회사는 후속 시험을 위한 소규모 벌크 샘플링 프로그램을 계획 중입니다. 또한 West Point Gold는 네바다의 제퍼슨 노스 프로젝트 계약을 종료하고 최대 125만 달러 규모의 i2i 마케팅 그룹과 새로운 마케팅 계약을 체결했습니다.
West Point Gold (OTCQB : WPGCF) a annoncé des résultats préliminaires positifs aux tests métallurgiques de sa cible Tyro, dans le cadre du projet Gold Chain en Arizona. Les tests de bottle roll ont démontré des récupérations d'or allant jusqu'à 86% et des récupérations d'argent jusqu'à 80%, indiquant que l'or de Tyro est soluble au cyanure et probablement récupérable par des méthodes de traitement conventionnelles.
Les résultats clés montrent que les matériaux broyés plus fins ont obtenu de meilleurs rendements, avec des extractions d'or allant de 32% à 86% après 144 heures de lixiviation. La société prévoit de réaliser un programme d'échantillonnage en vrac à petite échelle pour des tests complémentaires. De plus, West Point Gold a mis fin à son accord pour le projet Jefferson North au Nevada et a conclu un nouvel accord marketing avec i2i Marketing Group d'une valeur allant jusqu'à 1,25 million de dollars américains.
West Point Gold (OTCQB: WPGCF) hat positive vorläufige metallurgische Testergebnisse für das Tyro-Ziel des Gold Chain Projekts in Arizona bekannt gegeben. Die Bottle-Roll-Tests zeigten Goldrückgewinnungsraten von bis zu 86% und Silberrückgewinnungsraten von bis zu 80%, was darauf hindeutet, dass das Gold in Tyro cyanidlöslich und wahrscheinlich durch konventionelle Verarbeitungsmethoden gewinnbar ist.
Wesentliche Ergebnisse zeigen, dass feiner zerkleinertes Material bessere Rückgewinnungsraten erzielte, mit Goldextraktionen von 32% bis 86% nach 144 Stunden Laugung. Das Unternehmen plant ein Kleinserien-Bulk-Sampling-Programm für Folgeuntersuchungen. Zusätzlich hat West Point Gold die Vereinbarung für das Jefferson North Projekt in Nevada beendet und einen neuen Marketingvertrag mit der i2i Marketing Group im Wert von bis zu 1,25 Millionen US-Dollar abgeschlossen.
- Gold recoveries reached up to 86% and silver recoveries up to 80% in preliminary testing
- Test results confirm gold is cyanide-soluble and suitable for conventional processing methods
- Cyanide and lime consumption within normal parameters, indicating cost-effective processing potential
- Company saved US$3.815 million in future payments by terminating Jefferson North Project agreement
- Gold recovery rates showed significant variation, dropping as low as 32%
- Marketing agreement requires substantial upfront non-refundable payment of US$250,000
- Company lost potential mining rights to Jefferson North Project in Nevada
Vancouver, British Columbia--(Newsfile Corp. - July 10, 2025) - West Point Gold Corp. (TSXV: WPG) (OTCQB: WPGCF) (FSE: LRA0) ("West Point Gold" or the "Company") is pleased to announce it has completed preliminary metallurgical testing from the Tyro target, at its Gold Chain Project in Arizona. The initial bottle roll tests returned gold recoveries up to
"The initial metallurgical testing has yielded positive results and appears to demonstrate that the gold at Tyro can likely be recovered with cyanide via conventional processing methods. As a result of this test work, West Point Gold plans to complete a small-scale bulk sampling program for follow-up test work that is expected to include initial column testing," stated Executive Chairman, Derek Macpherson.
Highlights from Metallurgical Testing:
- Testing demonstrates that the gold at Tyro is cyanide-soluble and likely recoverable via conventional processing methods.
- Gold recoveries ranged from
86% to32% on the 23 samples tested. Silver recoveries ranged from80% to34% . - The largest factor impacting recovery was crush size, with finer material seeing better recoveries than coarser material. This test did not control crush size, but it was measured as part of the testing.
- Gold grade and sample depth did not appear to have a significant impact on recoveries.
- Cyanide and lime consumption appear to be within normal parameters.
- Design for a follow-up program is underway, with test material expected to come from small-scale bulk sampling.
Summary of Metallurgical Results:
Gold extractions for the bottle roll leach tests utilizing as-received material previously crushed to a nominal 2 millimetres ranged from
The sodium cyanide consumption ranged from 0.09 to 0.53 kilograms per metric tonne. Hydrated lime additions ranged from 0.50 to 3.25 kilograms per metric tonne.
The calculated p80 particle size of the material tested ranged from 1.39 to 2.17 millimetres.
Figure 1: Gold Extraction by Crush Size
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Figure 2: Gold Extraction by Grade
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Figure 3: Gold Extraction by Depth
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Figure 4: Gold Extraction vs. Cyanide Consumption
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Figure 5: Gold Extraction by Lime Addition
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Metallurgical Test Program Design
Coarse rejects from the drill holes GC25-34 (grade) and GC25-35 (grade) were provided to Kappes, Cassiday and Associates ("KCA") from Reno, Nevada, for testing. GC24-34 is from the recently defined northeast zone at Tyro, and the samples are closer to surface (less than 50m downhole). GC24-35 is from the southern portion of Tyro, and the mineralized samples range from close to surface to a depth greater than 150m downhole.
Coarse bottle roll leach testing for each of the twenty-three (23) selected drill hole intervals was conducted utilizing a 1,000-gram portion of the head material previously crushed to a nominal 2.0 millimetres by AAL.
The material was slurried with 1,500 millilitres of Reno municipal tap water. The pH of the slurry was adjusted, as required, to 10.5 to 11.0 with hydrated lime. A target amount of 1.0 grams per litre of sodium cyanide was utilized for the leach tests. Rolling on a set of laboratory rolls throughout the duration of the test (144 hours) mixed the slurry.
Figure 6: Plan View of Tyro Main Zone Showing Drill Holes, highlighting GC24-34 and GC24-35 which were used for metallurgical testing
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Jefferson North Project Update
The Company has elected to not continue with the Mining Claim Lease with Option to Purchase Agreement dated June 30, 2022 (the "Agreement"), as assigned August 15, 2022, and amended May 2, 2024 related to the Jefferson North Project in Nevada.
The agreement called for a balance of property payments totaling US
The Company and the property vendor could not come to an agreement that would materially extend the term of the contract and reduce the near-term payments, to allow the work to define a large-scale target to occur at a reasonable pace and be consistent with required permitting requirements. As a result, and given the recent exploration success at Gold Chain, the Company believes that the Company's available capital is better allocated to other projects in the portfolio.
i2i Marketing Engagement
West Point Gold has entered into a marketing agreement with i2i Marketing Group, LLC ("i2i") of Key West, Florida. The Company and i2i have agreed to a marketing and media distribution services agreement for up to a twelve-month term. The total media budget for the campaign is expected to be up to a maximum of US
i2i will create an advertising campaign and utilize its physical marketing program strategy with the aim of increasing investor awareness through various on-line platforms and methods of engagement, including the direct mailing of advertising materials to potentially interested parties.
The Company will not issue any securities to i2i as compensation for its marketing services. As of the date hereof, to the Company's knowledge, i2i (including its directors and officers) does not own any securities of the Company and is arm's length to the Company.
The marketing agreement with i2i remains subject to approval by the TSX Venture Exchange.
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 Corp. (formerly Gold79 Mines Ltd.) is a publicly listed company focused on gold discovery and development at four prolific Walker Lane Trend projects covering Nevada and Arizona, USA. West Point Gold is focused on developing a maiden resource at its Gold Chain project in Arizona, while JV partner Kinross is advancing the Jefferson Canyon project in Nevada.
For further information regarding this press release, please contact:
Aaron Paterson, Corporate Communications Manager
Phone: +1 (778) 358-6173
Email: info@westpointgold.com
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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 include estimates and 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.
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FAQ
What were the gold recovery rates in West Point Gold's (WPGCF) metallurgical testing at Tyro?
How does crush size affect gold recovery at West Point Gold's Tyro target?
Why did West Point Gold terminate the Jefferson North Project agreement?
What is the value of West Point Gold's new marketing agreement with i2i Marketing?
What were the technical parameters of West Point Gold's metallurgical testing?
