Gold Explorer Strikes Deep in Arizona

Source: Streetwise Reports 07/21/2025

West Point Gold Corp. (WPG:TSXV; WPGCF:OTCQB) uncovered up to 68.6m of strong gold mineralization in Arizona, extending the Tyro Zone to nearly 200m depth with consistent grades. Read more about the breakthrough results and what’s next for this expanding project.

West Point Gold Corp. (WPG:TSXV; WPGCF:OTCQB) reported new results from its spring 2025 drill program at the Gold Chain Project in Arizona, expanding the mineralized footprint of the Tyro Main Zone at depth. The company announced assay results for drill holes GC25-61 through GC25-64, which together totaled 957.2 meters of reverse circulation drilling along the Central and Southern portions of the Tyro Main Zone.

Hole GC25-61 intersected 59.44 meters grading 1.25 grams per tonne (g/t) gold, including 33.53 meters of 1.63 g/t gold. This intercept lies approximately 90 meters beneath a previous hole (GC25-38) and suggests improved grades at depth in this part of the deposit. Hole GC25-62 returned 68.58 meters of 0.90 g/t gold, including 15.24 meters of 2.89 g/t gold, positioned around 60 meters below earlier drilling in the area. This hole intersected mineralization at the hanging wall contact of a rhyolite dike, a potentially significant structural feature.

Hole GC25-63, located approximately 200 meters south of the Main Tyro Zone, intercepted 7.62 meters of 1.88 g/t gold, while GC25-64 encountered 36.58 meters of 0.91 g/t gold roughly 190 meters beneath surface vein exposures. According to the company, these results extend the mineralized system to nearly 200 meters vertical depth along a one-kilometer strike length.

CEO Quentin Mai commented in a company news release that the latest drilling “bodes well for a future resource estimate and a potential development scenario,” citing the consistency of grade across the strike length and depth.

The company reported that all mineralized intercepts consisted of quartz-calcite-adularia veins and breccia zones, typical of low-sulphidation epithermal gold systems. Quality control measures for assay results included fire assays with ICP finish, insertion of certified standards and blanks, and oversight by a qualified person as defined under NI 43-101.

Gold Sector Remains Resilient Amid Volatility and Economic Uncertainty

The gold sector showed considerable strength through mid-2025, driven by global economic instability, inflation concerns, and shifts in investor sentiment toward safe-haven assets. In a July 15 report, 321gold contributor Stewart Thomson emphasized the cultural and macroeconomic forces supporting gold’s appeal, particularly in Asia. He wrote, “In China, it’s clear that the young citizens are savers, and their favourite vehicle to save is gold.” He noted that this contrasted with Western behavior, where gold is often sold on good news. Thomson also pointed to seasonal and inflationary factors, stating, “It’s likely that the brunt of the inflationary pain begins later in the summer, and it could help create quite a spectacular October month finale for the metals and mining stocks rally.”

On the same day, Technical Analyst Clive Maund wrote in a Gold Market Update that “gold is in a powerful bull market,” while acknowledging the potential for a modest correction if the U.S. dollar experienced a short-term rally. Maund stated that the rectangular trading range gold entered after peaking in April allowed the overbought condition to unwind, and observed that “the volume pattern is overall positive… the Accumulation line has remained strong, even rising to clear new highs.” He noted that even if a correction were to occur, it would likely be “shallow and probably quite short-lived.”

On July 16, Kitco reported that gold prices swung nearly US$60 in a single trading session amid speculation that President Trump might remove Federal Reserve Chair Jerome Powell. According to the article by Gary Wagner, “the precious metal’s volatile performance underscores the market’s sensitivity to monetary policy uncertainty and broader economic concerns.” The session ended with gold settling at US$3,359.10, up US$22.40, while dollar weakness also supported gold’s position.

In a sector overview published July 18 by Stockhead, Josh Chiat cited the World Gold Council’s analysis of gold’s performance during the first half of the year. According to the WGC, “the combination of a surging gold price and investor flight to safety pushed global gold ETFs’ total AUM 41% higher to US$383bn.” The report noted that central bank demand remained robust, albeit moderated from record highs, and that ETF holdings reached 3,616 tonnes, their highest month-end level since August 2022. The WGC concluded, “gold — through its fundamentals — remains well positioned to support tactical and strategic investment decisions in the current macro landscape.”

Key Developments at Tyro and Beyond

The Tyro Main Zone is part of West Point Gold’s Gold Chain Project, which covers a 10-kilometer trend of mineralized targets in Arizona’s historic Oatman District. The Tyro system itself extends over a one-kilometer surface expression and remains open to the north and south, as well as at depth. The company has now completed 6,000 meters of drilling at Tyro over a 10-month span, with plans for a follow-up 10,000-meter drill program to continue testing the system’s limits.

According to the company’s July 2025 investor presentation, West Point Gold is focused on advancing the Tyro Main Zone toward a maiden resource estimate. Mapping and geophysics suggest the mineralization may extend into the Frisco Graben area, a structurally favorable zone approximately 1 kilometer long and 750 meters wide.

Elsewhere in its portfolio, the company maintains a joint venture with Kinross Gold at the Jefferson Canyon Project in Nevada. Under the terms of the agreement, Kinross has the option to earn a 70% interest through US$5 million in expenditures and an additional 10% through a further US$5 million investment. The agreement also includes provisions for West Point Gold to retain a net smelter return royalty should its interest fall below 10%. [OWNERSHIP_CHART-11225]

West Point Gold reported having approximately CA$9.2 million in cash and no debt as of June 2025. The company’s exploration plans for the remainder of the year include continued drilling at Tyro and ongoing target development across the Gold Chain trend.

Ownership and Share Structure

According to Refinitiv, about 8% of West Point Gold is owned by insiders and management, and about 1% by institutions. The rest is retail.

Top shareholders include Executive Chairman Derek Macpherson with 3.01%, Gary Thompson with 2.39%, Chief Financial Officer John McNeice with 0.49%, U.S. Global Investors Inc. with 1.29%, and Director Anthony Paterson with 1.51%.

Its market cap is CA$28.98 million with 65.86 million shares outstanding, and it trades in a 52-week range of CA$0.15 and CA$0.52.

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Important Disclosures:

1. As of the date of this article, officers and/or employees of Streetwise Reports LLC (including members of their household) own securities of West Point Gold
2. James Guttman wrote this article for Streetwise Reports LLC and provides services to Streetwise Reports as an employee.
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( Companies Mentioned: WPG:TSXV; WPGCF:OTCQB, )

Source: https://www.streetwisereports.com/article/2025/07/21/gold-explorer-strikes-deep-in-arizona.html