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Gold Chain Resource Nears as 20,000m Drill Program Advances | Derek Macpherson
West Point Gold (TSXV: WPG) is advancing its Gold Chain project in Arizona’s Walker Lane Trend toward a maiden resource at the Tyro main zone, targeted for late Q3 to early Q4 2026. President and CEO Derek Macpherson said the company has drilled nearly 25,000 meters to date and is completing a 20,000-meter program focused on resource definition and new discoveries.
The exploration target outlines 1–3 Moz grading 2–3 g/t gold over roughly one kilometer of strike. “We're on track to deliver a maiden resource at the Tyro main zone,” Macpherson said, noting the system is expected to remain open along strike and at depth. Drilling has also delivered two new discoveries this year at Black Dyke and Sheep Trail, with about 8,000 meters of additional assays expected and results released every two to three weeks through mid-July.
The company completed a January 2026 financing ahead of a weaker market and expects to finish the current program with about $25 million. “We're not out chasing it right now,” he said.
Don’t forget to subscribe to the Kitco Mining & Kitco News YouTube channels to stay up to date on the latest industry news and interviews.
To learn more about West Point Gold, visit: https://westpointgold.com/
Recorded on April 27, 2026.
00:32 - West Point Gold Strategy and Value Creation
02:14 - Defining Success and Exploration Milestones
04:26 - Arizona Advantage and Water Rights at Gold Chain
05:39 - Structural Complexity and Drill Targeting Strategy
07:25 - 20,000 Meter Drill Program and Discovery Focus
09:07 - Maiden Resource Target and Walker Lane Comparisons
12:15 - Open Pit Potential and Resource Timeline
14:11 - Post-Resource Drilling and Expansion Strategy
17:58 - Treasury, Warrants, and Financing Strategy
21:08 - 2026 Catalysts, Drill Results, and Outlook
__________________________________________________________________
Kitco Mining is dedicated to reporting on the mining industry. Our mandate is to be the top resource for all mining information and news, offering a clear perspective on where the industry is going through breaking news coverage, mining trends, and in-depth reporting, presented with precious, rare earth, base metals, and industry stock prices.
Get important precious and base metal updates while on the go with the Kitco Gold LIVE! app - https://applications.kitco.com
Stay connected with us
X - https://x.com/KitcoMining
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Connect with the Kitco Mining anchors
Paul Harris - https://x.com/paulharrisgold
For more in-depth mining coverage, visit us here - https://www.kitco.com/mining
Disclaimer: Videos are not trading advice, and the views expressed may not reflect those of Kitco Metals Inc.
Disclaimer: The views expressed in this podcast are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this podcast do not accept culpability for losses and/ or damages arising from the use of this publication.
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By Kitco MEDIAWest Point Gold (TSXV: WPG) is advancing its Gold Chain project in Arizona’s Walker Lane Trend toward a maiden resource at the Tyro main zone, targeted for late Q3 to early Q4 2026. President and CEO Derek Macpherson said the company has drilled nearly 25,000 meters to date and is completing a 20,000-meter program focused on resource definition and new discoveries.
The exploration target outlines 1–3 Moz grading 2–3 g/t gold over roughly one kilometer of strike. “We're on track to deliver a maiden resource at the Tyro main zone,” Macpherson said, noting the system is expected to remain open along strike and at depth. Drilling has also delivered two new discoveries this year at Black Dyke and Sheep Trail, with about 8,000 meters of additional assays expected and results released every two to three weeks through mid-July.
The company completed a January 2026 financing ahead of a weaker market and expects to finish the current program with about $25 million. “We're not out chasing it right now,” he said.
Don’t forget to subscribe to the Kitco Mining & Kitco News YouTube channels to stay up to date on the latest industry news and interviews.
To learn more about West Point Gold, visit: https://westpointgold.com/
Recorded on April 27, 2026.
00:32 - West Point Gold Strategy and Value Creation
02:14 - Defining Success and Exploration Milestones
04:26 - Arizona Advantage and Water Rights at Gold Chain
05:39 - Structural Complexity and Drill Targeting Strategy
07:25 - 20,000 Meter Drill Program and Discovery Focus
09:07 - Maiden Resource Target and Walker Lane Comparisons
12:15 - Open Pit Potential and Resource Timeline
14:11 - Post-Resource Drilling and Expansion Strategy
17:58 - Treasury, Warrants, and Financing Strategy
21:08 - 2026 Catalysts, Drill Results, and Outlook
__________________________________________________________________
Kitco Mining is dedicated to reporting on the mining industry. Our mandate is to be the top resource for all mining information and news, offering a clear perspective on where the industry is going through breaking news coverage, mining trends, and in-depth reporting, presented with precious, rare earth, base metals, and industry stock prices.
Get important precious and base metal updates while on the go with the Kitco Gold LIVE! app - https://applications.kitco.com
Stay connected with us
X - https://x.com/KitcoMining
Instagram - https://www.instagram.com/kitcomining
LinkedIn - https://www.linkedin.com/company/kitco-mining
Facebook - https://www.facebook.com/KitcoMining
Connect with the Kitco Mining anchors
Paul Harris - https://x.com/paulharrisgold
For more in-depth mining coverage, visit us here - https://www.kitco.com/mining
Disclaimer: Videos are not trading advice, and the views expressed may not reflect those of Kitco Metals Inc.
Disclaimer: The views expressed in this podcast are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this podcast do not accept culpability for losses and/ or damages arising from the use of this publication.