West Point Gold (WPG.V) has released assay results from four holes it completed on the high-grade northeast Tyro zone. And that zone continues to impress. All fou holes struck mineralization with the weakest interval containing 1.23 g/t gold over 25.9 meters at 256 meters downhole, but three other holes contained multi-gramme intervals with for instance 32 meters of 4.48 g/t gold, 21.3 meters containing almost half an ounce of gold per tonne of rock, and 30.5 meters with 3.09 g/t gold.
While we have gotten used to seeing strong drill results from Northeast Tyro, these holes are a nice surprise, especially as the zone continues to remain open along strike to the northeast, and at depth. And as always, the company’s press release contains plenty of background information explaining ‘why’ a hole was drilled where it was drilled, and that’s always a useful read.
The company has now completed approximately 10,000 meters of its 15,000 meter drill program, and we expect assay results to continue to trickle in over the next few months. Core drilling at Northeast and Main Tyro is expected to start any day now, while the company also expects to receive its Plan of Operations in the near future which will allow West Point to follow the vein towards the Frisco Graben. The Plan of Operations will allow West Point Gold to drill holes outside the controlled patented claims, and this will be helpful to improve the efficiency of drilling going forward.
Disclosure: The author has a long position in West Point Gold. West Point is a sponsor of the website. This post is for educational purposes only; be mindful investing in junior mining stocks is risky and you may lose your entire investment if things go wrong. Please read the disclaimer.
