Strikepoint Gold begins 2026 drilling at Hercules

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