West Point Gold (WPG.V) has released the assay results from an additional two holes that were drilled on the Northeast Tyro zone. And once again, the company was able to report on high-grade results which further strengthens the confidence level in this portion of the Gold Chain project.
The recent update contained excellent results as not only is 68.2 meters (true width: 40 meters) containing 2.2 g/t gold good, the 56.4 meters (true width: 28 meters) with an average grade of 4.24 g/t gold (including 28.9 meters of 7.77 g/t) are excellent. Even more important is the secondary data that can be gathered from this hole. Deeper drilling across the Tyro NE zone now suggests the vein system widens, and the gold mineralization remains open in all directions at depth.
It goes without saying that intervals and grades like this should have a positive impact on the upcoming maiden resource at Gold Chain. That resource will be completed after all assay results of the recently completed 21,079 meter drill program have been received and interpreted.
Disclosure: The author has a long position in West Point Gold. WPG 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.
