Northwire Canada EditionTuesday, November 10, 2026
Northwire
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Gold 4,043.00 −1.7% Silver 51.56 −2.1% Copper 6.27 −1.2% Oil 86.45 −0.5% Palladium 1,024.75 +0.3% PUR 0.365 +7.3% SCY 0.080 +0.0% AUMN 0.300 +7.1% SLG 6.10 −3.2% MSC 0.020 +0.0% MCI 0.140 +0.0% PPM 0.095 +0.0% SMP 0.045 −10.0% FUSE 0.020 −20.0% COPR 0.375 +0.0% WSK 0.170 +0.0% GAL 0.375 −1.3% VCG 1.07 +4.9% LVX 0.245 −27.9% RAMP 0.250 −7.4% QTWO 1.72 +6.8% Gold 4,043.00 −1.7% Silver 51.56 −2.1% Copper 6.27 −1.2% Oil 86.45 −0.5% Palladium 1,024.75 +0.3% PUR 0.365 +7.3% SCY 0.080 +0.0% AUMN 0.300 +7.1% SLG 6.10 −3.2% MSC 0.020 +0.0% MCI 0.140 +0.0% PPM 0.095 +0.0% SMP 0.045 −10.0% FUSE 0.020 −20.0% COPR 0.375 +0.0% WSK 0.170 +0.0% GAL 0.375 −1.3% VCG 1.07 +4.9% LVX 0.245 −27.9% RAMP 0.250 −7.4% QTWO 1.72 +6.8%
Drill Results

Strikepoint Gold begins 2026 drilling at Hercules

SKP · Price

Executive Summary

  • Strikepoint Gold Inc. has commenced its initial 2026 drill program at the Hercules Gold Project in Nevada's Walker Lane, aiming to generate data for a maiden resource estimate.
  • The program involves approximately 30 reverse circulation holes totaling an estimated 3,650 meters, with results expected to begin appearing in April 2026.
  • The company recently consolidated the southern portion of the property, including the past-producing Como district, adding 51 unpatented claims with historic surface sampling showing significant gold and silver values.

Key Details

  • Drill Program Scope: Approximately 30 reverse circulation (RC) holes totaling an estimated 3,650 meters.
  • Timeline: Program duration is expected to be approximately 45 days; initial drill results expected in April 2026; maiden resource estimate anticipated in Q3 2026.
  • Acquisition Details: Consolidation of the southern portion of the Hercules project, specifically the Como district, consisting of 51 unpatented claims.
  • Historic Sampling Data (Como District):
    • Gold values up to 166.62 g/t Au (4.86 oz/t).
    • Silver values up to 109.72 g/t Ag.
    • Database of 623 historical surface samples; 93 samples returned grades greater than 1.00 g/t Au.
  • Project Geology: Mineralization is near-surface, suggesting potential for open-pit, heap-leach (oxide) operations.
  • Exploration Targets: Over 40 undrilled targets identified on the property, some with visible gold at surface.
  • Permitting: Company intends to modify existing drill permits to incorporate the newly acquired Como district following the completion of the initial 2026 drilling.
  • Previous Acquisition Cost: Hercules gold project acquired in August 2024 for $250,000.

Notable Quotes

  • "We acquired the Hercules gold project in August, 2024, for $250,000 and immediately demonstrated its sizable potential following the completion of our inaugural National Instrument 43-101 exploration target. As we launch on this drill program, we have the confidence of a strong, predictive geological model of controls on mineralization. With a relatively modest drill program, we will have the data to complete our maiden resource estimate." — Michael G. Allen, President and CEO
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