Resource Developer Finds Massive 3Moz Gold Potential in Arizona's Walker Lane
West Point Gold Corp. (WPG:TSXV; WPGCF:OTCQB) has released results from the high-grade zone at Northeast (NE) Tyro, which is part of the ongoing 15,000-meter drilling program at its flagship Gold Chain project in Arizona. According to one expert, the stock could be an "enticing investment opportunity."
West Point Gold Corp. (WPG:TSXV; WPGCF:OTCQB) announced the results from three drill holes in the high-grade zone at Northeast (NE) Tyro, part of the ongoing 15,000-meter drill program at its flagship Gold Chain project in Arizona, according to a release on December 17.
The company is reporting assay results for three drill holes (658 meters), GC25-82 through GC25-84.
Highlights include:
Hole GC25-84 returned 24.4 meters of 5.92 grams per tonne gold (g/t Au) from 120.4 to 144.8 meters, including 12.2 meters of 10.51 g/t Au from 132.6 to 144.8 meters, 90 meters below hole GC25-78, which returned 22.9 meters of 1.63 g/t Au.Hole GC25-83 returned 16.8 meters of 8.30 g/t Au from 158.5 to 175.3 meters, including 6.1 meters of 17.61 g/t Au from 167.6 to 173.7 meters, about 45 meters below GC25-49 (62.5 meters of 4.73 g/t Au).Drilling continues to explore the deeper sections of the high-grade zone at NE Tyro with four holes (936 meters) completed, with assays pending.
"Drilling at NE Tyro continues to return better-than-expected grades," said President and Chief Executive Officer Derek Macpherson. "Importantly, grades appear to be improving at depth as the veining coalesces, typical of low-sulfidation epithermal gold systems. These results continue to demonstrate continuity of high grades, expanding the high-grade zone to depth and along strike to the northeast. We expect these results to positively impact the grade profile and the overall scale of our upcoming maiden resource. Drilling continues at NE Tyro."
According to the release, the results follow the ongoing 15,000-meter drilling program at the company's Gold Chain project in Arizona, which is focused on expanding the higher-grade zone at NE Tyro laterally and downward, as identified in Q2 2025. The three holes comprising the release, GC25-82 through GC25-84, represent 658 meters of 3,229 meters drilled to date of the 15,000-meter program.
All three holes in this release have extended gold mineralization to depth from 50 to 90 meters, the company said. These results, in context with previous drilling, suggest a coalescing of veins and veinlets downward and to the northeast with a marked increase in gold grades, that is, GC25-78 with 22.9 meters of 1.56 g/t Au and GC25-84 with 24.4 meters of 5.92 g/t Au, including 12.2 meters of 10.51 g/t Au.
"This coalescing of veins and veinlets is common in many epithermal vein systems," the company's release said. "Along with the increased gold grades at depth, close inspection of the drill cuttings reveals an increase in varicolored chalcedony, crustiform banding, adularia and illite-pyrite alteration in the wallrock."
Expert: Anticipate Continued Assay Results in Q1-Q2
Writing for Streetwise Reports on December 23, Bob Moriarty of 321gold.com described the results as "exceptional."
The three holes reported by West Point are part of an ongoing 15,000-meter drill program targeting the Northeast Tyro area of the Gold Chain project, Moriarty noted. To date, 3,229 meters have been completed, with assays pending for an additional 1,594 meters.
"The Tyro vein system extends approximately 3.4 kilometers, with mineralization open to the northeast, southwest, and at depth," Moriarty wrote. "Within this zone, the Tyro Main Zone has delineated roughly 1 kilometer of continuous mineralization. WPG has outlined a conceptual exploration target ranging from 1.4 million to 3 million ounces of gold. The company's management expressed satisfaction with the assay results, noting that they exceeded their grade expectations."
Beyond the Gold Chain project, WPG maintains a joint venture with Kinross Gold Corp. (K:TSX; KGC:NYSE) at the Jefferson Canyon project, where Kinross can earn up to an 80% interest, Moriarty noted. The company also holds the Baxter Spring and Tip Top gold projects, both located within the Walker Lane deformation belt.
As of mid-December, West Point reported CA$7.2 million in working capital after raising approximately CA$3 million through warrant exercises, he said. Their exploration program is fully funded through 2026.
"Investors can anticipate ongoing assay results throughout Q1 and Q2 of 2026," Moriarty wrote. "In January, a second drill rig will be mobilized at Gold Chain as WPG continues drilling and exploration at Tyro Main and NE Tyro. The company's next significant milestone will be the release of a maiden NI 43-101 resource estimate for the Gold Chain project."
He continued, "Since the announcement of their latest assay results on December 17, West Point Gold's share price has climbed from CA$0.85 to CA$1.18, representing a 39% increase in just one week. As gold prices continue to rise, speculators may find WPG an enticing investment opportunity."
The Catalyst: Gold's Surge in 2025
As stocks climb to record highs as the year comes to a close, gold continues its remarkable rise, surpassing $4,500 an ounce on Wednesday, marking one of its strongest performances in modern history, Catherine Baab wrote for Quartz on December 24. The surge is notable not only for its magnitude, as gold has risen about 70% in 2025, but also because it coincides with a rally in the stock market.
On the optimistic side, investors are betting that the U.S. economy will remain strong into 2026, corporate earnings will hold up, and the Federal Reserve will implement a new series of rate cuts, Baab wrote. Lower expected rates decrease the opportunity cost of holding non-yielding assets like gold. Investors may not immediately sell bonds to buy gold, but for some, when considering where to allocate their next dollar, gold appears more attractive than before.
Simultaneously, there is a defensive undertone, she noted. Inflation remains high, and widespread concerns about the political independence of key institutions like the U.S. central bank have been prominent throughout the year, as President Donald Trump has urged officials to cut rates at an unprecedented pace.
"This mix has driven demand for gold as a hedge against institutional uncertainty and the effects of unpredictable policy," she said. "Perhaps unsurprisingly, other central banks have been a key force behind gold's rise in 2025. Over the past year, official-sector purchases have surged as countries diversify reserves and reduce reliance on the U.S. dollar."
Streetwise Ownership Overview*
West Point Gold Corp. (WPG:TSXV; WPGCF:OTCQB)
*Share Structureas of 12/24/2025The manager of a new gold and crypto fund believes that gold's rally is still in its early phases and is poised to break all records over the next five years, according to a report by Chuck Jaffe for The Street on December 21.
"After Covid is when we started seeing central banks really step up buying gold to an unprecedented level, and it hasn't really waned," Ben McMillan of IDX Advisors, manager of the IDX Alternative Fiat ETF (GLDB), told Jaffe. The ETF launched in late October and is designed to provide investors with exposure to gold, Bitcoin, silver, and Ethereum. "That was kind of a structural shift, not a shift along the demand curve for gold; that's a regime change."
McMillan explained that the increased interest from central banks in purchasing gold, combined with the premium many investors are now willing to pay for safe assets to defend against geopolitical risk, along with stagnant gold mine outputs and production, has resulted in "a massive sea change."
Ownership and Share Structure1
About 6.2% of West Point Gold is owned by insiders and management, and about 15.6% by institutions. The rest is retail.
Top shareholders include Van Eck Associates Corp. with 7.1%, the President and CEO Macpherson with 1.93%, Chairman Anthony Paterson with 1.63%, Director Andy Bowering with 0.74%, and U.S. Global Investors Inc. with 0.89%.
Its market cap is CA$128.42 million with 107.91 million shares outstanding, and it trades in a 52-week range of CA$0.29 and CA$1.22.
| Want to be the first to know about interestingGold investment ideas?Sign up to receive the FREE Streetwise Reports' newsletter. | Subscribe |
Important Disclosures:
As of the date of this article, officers, contractors, shareholders, and/or employees of Streetwise Reports LLC (including members of their household) own securities of West Point Gold Corp.Steve Sobek wrote this article for Streetwise Reports LLC and provides services to Streetwise Reports as an employee.This article does not constitute investment advice and is not a solicitation for any investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Each reader is encouraged to consult with his or her personal financial adviser and perform their own comprehensive investment research. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company.For additional disclosures, please click here.
Ownership and Share Structure InformationThe information listed above was updated on the date this article was published and was compiled from information from the company and various other data providers.