West Point Gold Reports Positive Preliminary Metallurgical Results from the Gold Chain Project, Arizona

Core Viewpoint - West Point Gold Corp. has completed preliminary metallurgical testing at the Tyro target of its Gold Chain Project in Arizona, showing promising gold recoveries of up to 86% and plans for further testing and a new marketing agreement [1][2][24]. Metallurgical Testing Results - Initial bottle roll tests indicated gold recoveries ranging from 32% to 86% after 144 hours of leaching, with calculated head grades between 0.142 to 9.229 g/t gold [4][9]. - Silver recoveries varied from 34% to 80%, based on head grades from 0.40 to 197.77 g/t silver [4][9]. - Sodium cyanide consumption was between 0.09 to 0.53 kilograms per metric tonne, while hydrated lime additions ranged from 0.50 to 3.25 kilograms per metric tonne [5][9]. - The particle size of the tested material ranged from 1.39 to 2.17 millimetres, with finer material yielding better recoveries [9]. Project Updates - The company has decided not to continue with the Mining Claim Lease for the Jefferson North Project due to insufficient work to justify the required payments totaling US$3,815,000 over the next two years [21][22][23]. - The company believes its capital is better allocated to other projects following recent exploration success at the Gold Chain Project [23]. Marketing Agreement - West Point Gold has entered into a marketing agreement with i2i Marketing Group for up to twelve months, with a total media budget of up to US$1,250,000, including an initial non-refundable payment of US$250,000 [24][26]. - The marketing campaign aims to increase investor awareness through various online platforms and direct mailing [25].