Mr. Derek Macpherson reports
WEST POINT GOLD APPOINTS ANTHONY PATERSON AS EXECUTIVE CHAIRMAN
West Point Gold Corp. has appointed Anthony Paterson as executive chairman, expanding the company's executive leadership team as it advances the Gold Chain project toward a maiden mineral resource estimate and its next phase of corporate growth.
Mr. Paterson previously served as chairman of the board. In his expanded role, he will continue working closely with management to advance the company's corporate strategy, capital markets initiatives and long-term growth objectives.
The appointment reflects West Point Gold's commitment to continue executing its strategy as the company advances the Gold Chain project while positioning itself for its next phase of development and shareholder value creation.
Derek Macpherson, chief executive officer of West Point Gold, commented: "Anthony has been a valuable contributor to West Point Gold since joining the board and has provided exceptional leadership as chair. He has taken an active role beyond that of a typical director, and this appointment reflects his ongoing commitment to the company and creating shareholder value. His experience in capital markets, corporate strategy and investor engagement will further strengthen the company as we execute our strategy, broaden our relationship with investors, and continue creating long-term value for our shareholders."
Anthony Paterson, executive chairman, stated: "West Point Gold is approaching what I believe is a real inflection point. I've been privileged to work alongside a team that continues to execute with discipline. What sets Gold Chain apart is its rare combination of consistently strong grades with open-pit potential. It's a geological combination that is increasingly rare in the Lower 48. In our business, success ultimately comes down to three things: people, asset quality and jurisdiction. I believe West Point Gold is exceptionally well positioned on all three fronts.
"What is particularly exciting is that we are still in the early stages of unlocking the full potential of the district. Gold Chain continues to demonstrate the characteristics of a significant gold system, while our prospective Nevada portfolio provides additional opportunities for discovery and value creation. We're building a company with multiple avenues for discovery and long-term value creation, and I believe the best is yet to come."
Mr. Paterson is an entrepreneur, investor and corporate strategist with extensive experience building, financing and governing emerging resource companies. He is the co-founder and president of Patriot Critical Minerals Corp. Throughout his career, he has played key roles in corporate strategy, capital formation and in creating shareholder value by advancing emerging resource companies.
His experience in corporate strategy, capital markets and governance, together with his longstanding focus on resource companies operating in the southwestern United States, will support West Point Gold as it advances the Gold Chain project in Arizona and pursues additional opportunities to create long-term shareholder value.
The board believes the appointment further aligns the company's governance structure with its strategic priorities and positions West Point Gold to execute its long-term strategy.
Gold Chain share payment
Further to its press release dated July 29, 2026, the company announces that it has issued 46,110 common shares of the company at $1.466 per share in connection with a $48,000 (U.S.) ($67,598) share payment due under the option agreement covering a portion of the company's landholdings for the Gold Chain project. The common shares issued have a statutory hold period until Nov. 30, 2026.
About West Point Gold Corp.
West Point Gold is an exploration and development company focused on unlocking value across four strategically located projects along the prolific Walker Lane trend in Nevada and Arizona, United States, providing shareholders with exposure to multiple discovery opportunities across one of North America's most productive gold regions. The company's near-term priority is advancing its flagship Gold Chain project in Arizona.
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