00:21:36 EDT Thu 23 Apr 2026
Enter Symbol
or Name
USA
CA



West Point Gold Corp
Symbol WPG
Shares Issued 135,159,488
Close 2026-04-22 C$ 1.46
Market Cap C$ 197,332,852
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West Point Gold recovers up to 92% Au at Gold Chain

2026-04-22 16:41 ET - News Release

Mr. Derek Macpherson reports

WEST POINT GOLD REPORTS POSITIVE METALLURGICAL RESULTS FROM GOLD CHAIN WITH RECOVERIES OF UP TO 92%

West Point Gold Corp. has released 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 87 per cent to 92 per cent for milled material, 39 per cent to 68 per cent for HPGR crushed material and 39 per cent to 69 per cent for conventionally crushed material. Results confirm that gold from the Tyro Main zone should be recoverable by conventional means (heap leach or mill) and that further optimization has the potential to improve recoveries with both potential processing methods.

Highlights

  • Gold recoveries up to 92 per cent from material milled to 0.075 millimetre;
  • Gold recoveries up to 69 per cent from material crushed to 1.7 mm;
  • 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 chief executive officer.

Summary of results

Gold extractions for the 0.075 mm milled bottle rolls ranged from 87 per cent to 92 per cent after 96 hours of leaching, based on calculated heads ranging from 0.511 to 8.643 g/t Au. Silver extractions ranged from 55 per cent to 83 per cent based on calculated head grades ranging from 1.43 to 36.99 g/t Ag. The sodium cyanide consumptions ranged from 0.52 to 2.59 kilograms per tonne. Hydrated lime additions ranged from 0.50 to 0.65 kg/t.

Gold extractions for the 6.3-millimetre HPGR crushed bottle rolls ranged from 39 per cent to 68 per cent after 168 hours of leaching, based on calculated heads ranging from 0.543 to 7.938 g/t Au. Silver extractions ranged from 27 per cent to 68 per cent based on calculated head grades ranging from 1.05 to 39.99 g/t Ag. The sodium cyanide consumptions ranged from 0.04 to 0.07 kg/t. Hydrated lime additions ranged from 0.50 to 1.25 kg/t.

Gold extractions for the 1.7mm conventionally crushed bottle rolls ranged from 39 per cent to 69 per cent after 96 hours of leaching, based on calculated heads ranging from 0.548 to 8.517 g/t Au. Silver extractions ranged from 27 per cent to 67 per cent based on calculated head grades ranging from 1.54 to 34.73 g/t Ag. The sodium cyanide consumptions ranged from 0.03 to 0.13 kg/t. Hydrated lime additions ranged from 0.50 to 1.00 kg/t.

Gold extractions for the 6.3mm conventionally crushed bottle rolls ranged from 25 per cent to 63 per cent after 168 hours of leaching, based on calculated heads ranging from 0.438 to 9.290 g/t Au. Silver extractions ranged from 15 per cent to 62 per cent based on calculated head grades ranging from 0.98 to 37.22 g/t Ag. The sodium cyanide consumptions ranged from 0.04 to 0.10 kg/t. Hydrated lime additions ranged from 0.50 to 1.00 kg/t

Gold extractions for the 12.5 mm conventionally crushed bottle rolls ranged from 16 per cent to 50 per cent after 168 hours of leaching, based on calculated heads ranging from 0.458 to 10.034 g/t Au. Silver extractions ranged from 10 per cent to 63 per cent based on calculated head grades ranging from 1.51 to 44.96 g/t Ag. The sodium cyanide consumptions ranged from 0.01 to 0.07 kilogram per metric tonne. Hydrated lime additions ranged from 0.50 to 1.00 kilogram per metric tonne.

Program details

KCA evaluated 12 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 100 per cent passing 12.5 mm, 6.3 mm, 1.70 mm and HPGR crushed material to 100 per cent passing 6.3 mm. Duplicate bottle roll leach tests were completed on the lower-grade samples at the 12.5 mm and 6.3 mm crush sizes. Additionally, milled bottle roll leach tests were conducted.

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 12 individual samples.

Equity Catalyst Partners LLC marketing engagement

West Point Gold has engaged Equity Catalyst Partners, 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, D.C., United States, 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 $45,000 (U.S.), payable at the commencement of services. The company will not issue any securities to ECP as compensation for its services. As of the date hereof, to the company's knowledge, ECP (including its directors and officers) does not own any securities of the company. The marketing agreement with ECP is subject to TSX Venture Exchange approval.

Qualified person

Robert Johansing, MSc, Econ, Geol, PGeo, the company's vice-president, exploration, is a qualified person (QP) as defined by National Instrument 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, U.S., 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.

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