Mr. Derek Macpherson reports

WEST POINT GOLD PROVIDES SUMMARY OF TRANSFORMATIVE 2025 AND 2026 OUTLOOK

West Point Gold Corp. has provided the highlights from what was a transformative 2025 and an update on its 2026 plans.

"Two thousand twenty-five was a transformative year for West Point Gold. Our team delivered significant exploration results at Gold Chain, increasing our exploration target and adding to the company's Nevada portfolio with the Baxter Spring acquisition," stated Derek Macpherson, president and chief executive officer. "The continuity and grade improvement at NE Tyro, a strong balance sheet, and an expanded drill program have West Point Gold well positioned to deliver a maiden resource in 2026 and unlock further value for shareholders. The precious metals market remains robust, and we remain committed to aggressive, systematic exploration. We thank our shareholders for their continued support and look forward to an exciting 2026."

Highlights from 2025:

• Drilled over 9,000 metres in 2025, positioned to drill even more in 2026;
• Discovered and started delineating a new high-grade zone at northeast (NE) Tyro;
• Announced an updated exploration target, improving the expected grade of the Tyro Main zone;
• Added a new advanced-stage exploration project in Nevada -- Baxter Spring;
• Strengthened the balance sheet with gross proceeds of $13-million from financings, warrant and option exercises in 2025;
• A combination of exploration success and a strong balance sheet has resulted in the continuing drill program being expanded to 15,000 metres with the addition of a second drill rig.

Expected catalysts for 2026:

• Assay results from the continuing, expanded drill program at Gold Chain;
• Maiden resource estimate for Tyro Main zone;
• Additional metallurgical testing results (Q1 2026);
• Permitting approvals for drilling at Jefferson Canyon.

Gold Chain project (Arizona) highlights

West Point Gold's flagship Gold Chain project in Arizona continued to deliver significant results throughout 2025. In 2025, the company completed 9,131 metres of drilling at its Gold Chain project.

Drilling in the first half of 2025 allowed the company to update its exploration target at the Tyro Main zone to 19.5 million to 31.2 million tonnes grading 2.0 to 3.0 grams per tonne gold in September. The potential tonnage and grade ranges are conceptual in nature. Currently, there is insufficient exploration drilling to define a mineral resource, and it is uncertain if further exploration will result in the exploration target being delineated as a mineral resource. Following the release of the exploration target, the company started a 10,000-metre drilling campaign, subsequently expanded to 15,000 metres to define a maiden resource at Tyro, expand the Tyro Main zone to depth and test multiple stepout targets at the Gold Chain project.

Key 2025 drill results at Gold Chain include:

• GC25-81: 36.6 m of 7.35 g/t Au from 161.5 m to 198.1 m, including 25.9 m of 9.95 g/t Au from 167.6 m to 193.5 m, extending the high-grade NE Tyro zone to depth;
• GC25-84: 24.4 m of 5.92 g/t Au at 120.4 m to 144.8 m, including 12.2 m of 10.51 g/t Au at 132.6 m to 144.8 m, 90 m below previous intercepts;
• GC25-83: 16.8 m of 8.30 g/t Au at 158.5 m to 175.3 m, including 6.1 m of 17.61 g/t Au at 167.6 m to 173.7 m, confirming continuity and grade improvement at depth;
• GC25-77 and GC25-78: near-surface intercepts of 24.4 m at 1.63 g/t Au at 21.3 m to 45.7 m and 22.9 m at 1.56 g/t Au at 24.4 m to 47.2 m, respectively, extending mineralization 100 m northeast;
• GC25-47, GC25-48 and GC25-49: 33.5 m at 5.46 g/t Au at 82.3 m to 115.8 m, 29.0 m at 6.02 g/t Au at 83.8 m to 112.0 m and 30.5 m at 9.05 g/t Au at 110.6 m to 131.1 m, respectively, in the Tyro Main zone.

These results demonstrate the continuity of mineralization along strike and at depth but also the presence of broad, high-grade zones typical of low-sulphidation epithermal systems. The NE Tyro zone has shown grade improvement at depth, with coalescing veins and a robust alteration signature.

The company also completed initial metallurgical testing of the Tyro Main zone. The preliminary metallurgical bottle-roll tests completed in July, 2025, indicated gold recoveries up to 86 per cent, with finer grind sizes yielding higher recoveries. Additional metallurgical testing is under way, with results expected in Q1 2026.

Baxter Spring project (Nevada) acquisition

In October, 2025, West Point Gold finalized the acquisition of the advanced-stage Baxter Spring project in Nevada's Manhattan mining district, adding an asset capable of being the cornerstone of its Nevada portfolio. The project, located approximately 40 kilometres south of Kinross's Round Mountain mine and near the company's Jefferson Canyon project, comprises 137 unpatented federal lode claims over 2,829 acres.

Historical exploration at Baxter Spring comprises 128 drill holes, approximately 11,000 m of reverse circulation (RC) drilling, 1,850 m of core drilling, and surface geochemical and geophysical surveys.

Historical drilling on the project is highlighted by:

• 24.4 m at 2.49 g/t Au (BS-22, Homestake Mining, 1982);
• 12.2 m at 60.3 g/t Au, including 3.0 m at 240 g/t Au (BS-8, Homestake Mining, 1982);
• 27.4 m at 1.46 g/t Au (BX-1, Naneco, 1988);
• 7.6 m at 8.81 g/t Au (BX-13, Naneco, 1988);
• 69.0 m at 0.71 g/t Au (BCS-1, Homestake Mining, 1984).

Jefferson Canyon project (Nevada)

The Jefferson Canyon project, located near Round Mountain, is being advanced under a strategic exploration and option agreement with Kinross Gold USA Inc. West Point Gold and Kinross continue toward permitting a drill program at Jefferson Canyon.

2025 corporate highlights:

• Financings:
  • $8-million financing closed in June, 2025, adding new key institutional shareholders;
  • $5-million in warrants and options exercised throughout 2025, including $3.3-million in Q4 2025;
  • As of Dec. 31, 2025, the company had $7.4-million in cash.
• Management, director, and advisory additions:
  • Derek Macpherson was appointed president and chief executive officer, transitioning from executive chairman;
  • Andrew Bowering was appointed as director, bringing over 35 years of capital markets and mining experience, including founding Prime Mining (acquired by Torex Gold) and Millennial Lithium (acquired by Lithium Americas);
  • Anthony Paterson was appointed chairman, with a background in financing and business development;
  • Mark Reischman joined as technical adviser, bringing more than 40 years of experience in the Walker Lane trend, notably on the Silicon and Merlin deposits;
  • Axemen Resource Capital was appointed as strategic adviser.

2026 outlook: exploration plans, catalysts and strategic priorities

Gold Chain project: aggressive expansion and resource definition

In 2026, West Point Gold will continue its aggressive exploration at Gold Chain, focusing on:

• Completion of the 15,000-metre drill program, targeting NE Tyro, Tyro South (1.2-kilometre extension) and multiple stepout targets (Sheep Trail, Black Dyke, Gold Chain Hill, Union Pass Corridor and Frisco Graben);
• Delivery of a maiden resource estimate for Tyro Main zone;
• Additional metallurgical testing to optimize recovery and processing parameters;
• Permitting for new drill sites on non-patented claims, enabling systematic testing of multiple targets simultaneously.

The addition of a second drill rig in January, 2026, will accelerate data collection and resource delineation, positioning the company for potential economic studies.

Baxter Spring project

West Point Gold plans to design and permit a 5,000-metre drill program at Baxter Spring in 2026, following a comprehensive compilation of historical data, geological modelling and permitting. The program aims to validate and expand known high-grade zones and establish the project's resource potential.

Jefferson Canyon project

The effort to permit a maiden drill program at Jefferson Canyon, with the potential for drilling to occur in 2026. Permits and the exploration program are key steps in progressing Jefferson Canyon toward a joint venture. The partnership provides West Point Gold with exposure to a major producer's technical and financial resources while retaining significant upside through its retained interest and royalty provisions.

Qualified person

Robert Johansing, MSc (economic geology), PGeo, the company's vice-president, exploration, is a qualified person 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, United States, 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.

We seek Safe Harbor.