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WPG.V – West Point Gold runs +18.5% on strong drill hit (66.2m @ 6.57 g/t)
Hey r/ValueInvesting
Quick update on **WPG.V (West Point Gold).**
On June 23 we highlighted it as a tier-1 US gold explorer (Arizona + Nevada) with a strategic agreement with Kinross and a maiden resource expected later in 2026.
Today the stock jumped **+18.5%** after a strong drill result at Gold Chain:
• 66.2m @ 6.57 g/t Au, including 20.7m @ 18.25 g/t Au at NE Tyro
• Hole extends the zone past 250m depth and remains open
• 21 holes still pending for the maiden resource
**Our take:** Solid de-risking step on a funded explorer in a tier-1 jurisdiction. We raised our internal rating and continue to hold. Risks remain (pre-resource, dilution, jurisdiction), so sizing is important.
Educational only. Not financial advice. Always do your own DD.