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(Kitco News) - West Point Gold is advancing drilling at its Gold Chain project in Arizona’s Walker Lane Trend as the company works toward a maiden resource estimate targeted for late Q3 to early Q4 2026.
Speaking with Kitco Mining on April 27, 2026, President and CEO Derek Macpherson said the company had drilled nearly 25,000 meters at the project and was completing a 20,000-meter program focused on the Tyro main zone. The work is aimed at defining an initial resource while continuing to test the broader system across the property.
“We're on track to deliver a maiden resource at the Tyro main zone,” Macpherson said.
West Point has outlined an exploration target of 1–3 million ounces grading 2–3 grams per tonne gold over roughly one kilometer of strike. The zone is being defined to about 300 meters vertical extent, with mineralization starting at surface. Macpherson said the initial resource is expected to focus on an open-pit scenario, while noting the system remains open along strike and at depth.
Drilling is also beginning to point to additional targets beyond the core zone. Structural complexity across the property has generated multiple areas of interest, with 2026 work identifying new zones at Black Dyke and Sheep Trail.
“We've actually made two discoveries so far this year,” Macpherson said.
Results are expected to continue through mid-July, with about 8,000 meters of assays pending and updates released at regular intervals. The data is expected to support the maiden resource while also testing extensions and satellite targets.
The company released metallurgy results on April 22, 2026, which Macpherson described as “a positive and a de-risking event,” with additional work planned in the second half of the year.
West Point completed a financing in January 2026 and expects to complete its current drill program with approximately $25 million in treasury, according to Macpherson.
“The wheels kind of came off the market at the end of February,” Macpherson said. “We're not out chasing it right now.”
Macpherson said the company is focused on advancing the project through technical milestones while maintaining flexibility on future development or potential transactions.
“Our objective is to advance the project until someone wants it more, and if someone doesn't want it more before we build it, then we'll build it,” he said.
As the company moves toward its first resource estimate, drilling will continue to test both the Tyro zone and additional targets across the broader Gold Chain system.
Watch the full video on the Kitco Mining YouTube channel.
This article/video was produced with support from a Kitco sponsor. The views expressed in this content do not necessarily reflect the views of Kitco Metals Inc. Kitco does not endorse or recommend any company, security, investment product, or investment strategy. This content is for informational purposes only and should not be considered investment advice.
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