StrikePoint Gold Commences Drilling at Northumberland Gold Project
Strikepoint has commenced drilling at the Northumberland project to target resource expansion.
StrikePoint Gold Inc. (SKP) has officially commenced initial drilling at its newly acquired Northumberland Gold Project in Nevada. The company has mobilized NISS Global to provide a core rig for the initial phase, which is planned at approximately 15,000 meters. The drilling program focuses on three primary objectives: mineral resource expansion, infill drilling to upgrade confidence in the existing estimate, and metallurgical sampling. The program is situated on private property and is fully permitted.
The release reiterates the Mineral Resource Estimate (MRE) effective July 31, 2026, which reports 2.86 million gold equivalent ounces (AuEq) in the Indicated category and 1.57 million AuEq in the Inferred category. Technical parameters include variable cut-off grades based on oxidation state and preg-robbing values, with price assumptions of US$3,500/oz gold and US$55/oz silver.
Strikepoint Gold Inc. (SKP) has begun drilling at its Northumberland project, marking an expected step following the company’s completed acquisition and the release of its initial mineral resource estimate on October 8, 2026. Management had stated on that date that drilling was anticipated to commence within a month, and the announcement on October 29 aligns with that timeline.
The 15,000-meter program is designed to infill and expand the existing resource, representing a standard progression for a newly acquired Tier-1 asset. The news confirms the transition from acquisition to active exploration but does not introduce new fundamental data or alter the project's valuation thesis.
StrikePoint Gold Inc. is a Vancouver-based multi-asset gold exploration company focused on Nevada's Walker Lane trend. The company’s flagship asset is the Northumberland Gold Project, a 100%-owned, past-producing Carlin-style gold deposit located approximately 150 km by road from Tonopah, Nevada. The project sits on private ground featuring existing infrastructure, water rights, and powerlines, with a history of intermittent oxide mining until 1991. Secondary assets include the Hercules and Cuprite Gold Projects, which are currently in the exploration stage. Following the Northumberland acquisition, the company is transitioning from a pure exploration play to an advanced development project.