Welcome to our dedicated page for Strikepoint Gold news (Ticker: STKXF), a resource for investors and traders seeking the latest updates and insights on Strikepoint Gold stock.
StrikePoint Gold Inc. reports precious-metals exploration developments, with emphasis on its Hercules Gold Project in Nevada’s Walker Lane and a broader portfolio in the Western United States and Canada. Company updates commonly cover reverse-circulation drilling, gold and silver assay results, exploration targets, BLM permitting for targets such as Pony Meadows, and claim consolidation in the Como Mining District.
Recurring announcements also address portfolio changes, including the completed sale of the Porter Idaho Project, technical disclosure under National Instrument 43-101, and advisory or governance appointments tied to advancing gold exploration assets.
StrikePoint Gold (STKXF) has signed a definitive agreement to sell its Porter Idaho property in British Columbia's Golden Triangle to Dolly Varden Silver. Under the agreement, Dolly Varden will acquire the non-core property by issuing 295,699 common shares to StrikePoint, valued at $1.1 million based on Dolly Varden's closing price on May 7, 2025. The shares will be issued without trading restrictions following a Prospectus Supplement filing. The transaction allows StrikePoint to focus on its core Hercules Gold Project in Nevada's Walker Lane while monetizing a non-core asset.
StrikePoint Gold Inc. (TSXV: SKP) (OTCQB: STKXF) has announced initial results from its spring 2025 drilling program at the Hercules Gold Project in Nevada's Walker Lane. The company completed 7 drillholes totaling 1,400 meters, with results from the first 4 holes showing significant near-surface gold mineralization.
Key highlights include:
- Hole H25004: 32.04 meters of 0.54 g/t Au and 4.62 g/t Ag from surface
- Including 4.57 meters of 1.14 g/t Au and 10.53 g/t Ag
- And 6.10 meters of 1.50 g/t Au and 11.75 g/t Ag
Cyanide solubility tests showed promising results ranging between 89% and 32% per hole, with shallower intercepts demonstrating higher solubility. The company suggests these results indicate potential for an open pit heap leach operation. Results from the remaining 3 holes are pending.
StrikePoint Gold Inc. (TSXV: SKP) (OTCQB: STKXF) has filed its first technical report on the 100%-owned Hercules Gold Project in Nevada's Walker Lane, which was acquired in September 2024 for $250,000. The report outlines a significant Exploration Target ranging between 819,000 and 1,018,000 ounces of gold within 40.3-65.6 million tonnes of mineralized material, with estimated grades between 0.48-0.63 g/t Au.
The company has completed an initial drilling program of 7 holes totaling approximately 1,400 meters, with results pending. The Exploration Target was developed using data from 306 historical drillholes (31,776 meters) and 121 surface trenches, utilizing AI to generate trend models and grade shells. The project shows a notable silver-to-gold ratio of 9.73:1, though silver was not included in the target model.
StrikePoint Gold (TSXV: SKP) (OTCQB: STKXF) has initiated a drilling program at its Hercules Gold Project in Nevada's Walker Lane. The program consists of 7-8 holes totaling approximately 1,500 meters, targeting the northern portion of the property.
The company recently published an Exploration Target of 820,000 to 1,020,000 ounces of gold, with grades between 0.48 g/t and 0.63 g/t Au. StrikePoint acquired Hercules for $250,000 in late 2024 and aims to develop it into a multi-million ounce gold resource.
The drilling program is expected to be completed by late March or early April 2025, with results following shortly. The company will host a webinar on March 12, 2025, at 10:00am PT where CEO Michael G. Allen will discuss the drill program and future plans.
StrikePoint Gold Inc. (TSXV: SKP) (OTCQB: STKXF) has released its first technical report on the Hercules Gold Project in Nevada's Walker Lane, establishing a significant exploration target. The report outlines a potential of 819,000 to 1,018,000 ounces of gold within 40.3 to 65.6 million tonnes of mineralized material, with estimated grades between 0.48 and 0.63 g/t Au.
The exploration target was developed using data from 306 historical drillholes totaling 31,776 meters and 121 surface trenches. The assessment covered multiple showings including Sirens, Hercules, Cliffs, Loaves, Lucky Rusty, Rattlesnakes, and NorthEast. The model utilized grade shell modeling and AI-estimated modeling with kriging to guide future drilling efforts.
While silver wasn't included in the exploration target, the database shows an average silver to gold ratio of 9.73:1 in samples containing ≥0.1 g/t Au. The technical report will be available on SEDAR within 45 days.
StrikePoint Gold (TSXV: SKP) (OTCQB: STKXF) held its annual general and special meeting on December 10, 2024, where shareholders elected five directors to the board: Michael G. Allen, Shawn Khunkhun, Adrian Fleming, Ian Harris, and Darryl Jones. The company also received shareholder approval for appointing Davidson & Company LLP as auditor and the company's stock option plan.
The company granted 1,185,000 incentive stock options to directors, officers, consultants, and employees, exercisable at $0.20 per share until December 11, 2029. Additionally, 75,000 incentive options were awarded to Knox Communications Inc., vesting quarterly over twelve months, with the same exercise price and expiration date. These options are subject to resale restrictions until April 11, 2025.
StrikePoint Gold Inc. (TSXV: SKP) (OTCQB: STKXF) has announced the effective date for its previously disclosed share consolidation. The consolidation, subject to TSX Venture Exchange approval, will take effect at market opening on October 18, 2024. The consolidation ratio is set at ten (10) pre-consolidation shares for one (1) post-consolidation share.
Following the consolidation, StrikePoint will have approximately 26,389,420 common shares issued and outstanding. The company's name and trading symbol will remain unchanged. However, new CUSIP and ISIN numbers will be assigned to the post-consolidation shares: CUSIP: 86332K400 and ISIN: CA86332K4000.
StrikePoint Gold Inc. (TSXV: SKP) (OTCQB: STKXF) has provided an update on its recently acquired Hercules Gold Project in Nevada's Walker Lane. The project, located 20km east of the historic Comstock Lode, features visible gold documented at three widely spaced surface locations within a 100 square kilometer property. Key highlights include:
1. A large-scale low-sulphidation epithermal gold target with over 300 drillholes indicating a strong gold mineralizing system.
2. Multiple drill-ready targets including Hercules, Cliffs, Loaves, Northeast, and Rattlesnakes under existing permits.
3. Extensive alteration zone approximately 13 km long and 6 km wide coincident with known mineralization.
4. Southern targets Sirens and Como Comet permitted for exploration drilling, with historical intercepts and visible gold in panned samples.
The company views the Hercules Gold Project as a quality early-stage exploration opportunity in a Tier 1 jurisdiction with significant potential.
StrikePoint Gold Inc. (TSXV: SKP) (OTCQB: STKXF) has announced updates to its Cuprite Gold Project in Nevada. Cuprite , believed to be controlled by the Electrum Group, has acquired approximately 152 claims adjacent to StrikePoint's project. Additionally, a third party has leased 54 claims internal to the project. StrikePoint's CEO, Michael G. Allen, views this activity as validation of the project's potential, citing recent drill results that indicate a large-scale mineralized system.
The company's inaugural drill program yielded gold mineralization in four out of five holes. Recent lithogeochemical and clay alteration studies have confirmed the presence of East-West structures forming a down dropped graben and northeast trending structures, which may serve as conduits for mineralizing fluids. StrikePoint is currently reviewing all data before proceeding with the next phase of drilling.