Initial Reverse Circulation Drilling At Frisco Graben Target

VANCOUVER – West Point Gold Corp. reported on the initial reverse circulation drill program at the Frisco Graben target in the Gold Chain Project, Arizona. Exploration to date supports West Point Gold’s belief that the Frisco Graben is highly prospective for concealed gold mineralization related to the intersection of the northeast extension of the Tyro structural corridor and the NW-trending Frisco Mine fault.
The initial four holes, ranging in length from 232 to 329m, encountered anomalous gold values (up to 0.081 g/t Au) immediately below the Frisco Mine fault. The rocks drilled within the Frisco Graben are deeply oxidized and altered (kaolinite-silica-hematite) and continue to highlight the potential for gold mineralization at depth. Mercury, a traditional indicator metal for gold in low-sulphidation epithermal systems, was encountered for the first time in meaningful quantities at Gold Chain. Hyperspectral and geochemical analyses of the drill cuttings suggest that drilling remained in the ‘steam-altered’ environment up to the Frisco Mine fault above the desired elevation. Follow-up drilling will target the Tyro intersection deeper in the system. The suspected ‘boiling zone’, which likely encompasses the nearby veins of the Main Tyro zone and evidently along the extended structure, remains untested at depth at the Frisco Graben.
“Initial drilling at the Frisco Graben continues to suggest that there is potential for a large-scale gold system at depth, particularly given that anomalous gold was encountered in the alteration zone, above where one would expect to find gold mineralization. The Company plans to follow up with deeper drilling, guided by these results, historical drilling and ongoing studies”, stated Quentin Mai, CEO. “The Frisco Graben remains a compelling target that warrants follow-up drilling.”