WestMountain Index Advisor, Inc. announced positive assay results from four diamond drill holes completed during the 2012 drilling program at its Terra Gold Project in Alaska. Step-out drill holes were aimed at expanding the existing resource. An updated 43-101 is expected to be completed by December 31, 2012.

The drilling was undertaken from three drill pad locations, drilling into the hanging wall through the multiple vein structure. The four holes have extended the Ben Vein 200 meters north of the previous drilling conducted by WestMountain during the 2011 field season. Vein structures encountered in all drill holes and showed mineralization and associated carbonate and sericite alteration.

Visible gold was recorded during core logging and confirmed in assay results. WGC-12-36 (-70deg dip at 80deg azimuth) was drilled 100 metres north of the 2011 drilling and encountered vein quartz carbonate veins with gold, arsenopyrite and pyrite in multiple zones. An additional hole was drilled 600 meters to the north on the Fish Vein structure.

The entire 1.5km vein structure from the Ben Vein to the south to the Fish vein on the north has had first pass drill holes. Highlights include: 0.62m at 21.55 g/t Au and 10.72 g/t Ag (122.38m -- 123.0m) including 0.20m at 61.00 g/t Au and 18.1 g/t Ag in drill hole WGC-12-36. 0.81 m at 84.24 g/t Au and 33.29 g/t Ag (129.54m -- 130.35m) including 0.20m at 338.00 g/t Au and 113.00 g/t Ag in drill hole WGC-12-36.

1.0m at 19.38 g/t Au and 10.65 g/t Ag (406.5m-407.5m) in drill hole WGC-12-36. 0.4m at 27.0 g/t Au (147.75m-18.15m) in drill hole WGC-12-37. 1.3m at 10.48 g/t Au and 28.08 g/t Ag (174.10m-175.40m) in drill hole WGC-12-37 including 0.30m at 39.50 g/t gold and 115.00 g/t Ag.