StrikePoint Drills Near-Surface High Grade Oxide Gold at the Hercules Gold Project, Nevada, 32.04 Meters of 0.54 g/t Au and 4.62 g/t Ag Starting at Surface, Including 4.57 Meters of 1.14 g/t Au and 10.53 g/t Ag and an Additional 6.10m of 1.50 g/t Au and 11.75 g/t Ag
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) ha annunciato i primi risultati del programma di perforazione primaverile 2025 presso il Progetto Oro Hercules nella Walker Lane, Nevada. La società ha completato 7 fori per un totale di 1.400 metri, con i risultati dei primi 4 fori che evidenziano una significativa mineralizzazione aurifera vicino alla superficie.
Punti salienti includono:
- Foro H25004: 32,04 metri con 0,54 g/t Au e 4,62 g/t Ag dalla superficie
- Inclusi 4,57 metri con 1,14 g/t Au e 10,53 g/t Ag
- E 6,10 metri con 1,50 g/t Au e 11,75 g/t Ag
I test di solubilità al cianuro hanno mostrato risultati promettenti, variando tra l'89% e il 32% per foro, con le intersezioni più superficiali che presentano una maggiore solubilità. La società suggerisce che questi risultati indicano un potenziale per un'operazione di heap leach a cielo aperto. Sono in attesa i risultati degli ultimi 3 fori.
StrikePoint Gold Inc. (TSXV: SKP) (OTCQB: STKXF) ha anunciado los resultados iniciales de su programa de perforación de primavera 2025 en el Proyecto Oro Hercules en Walker Lane, Nevada. La compañía completó 7 perforaciones que suman 1.400 metros, con resultados de los primeros 4 pozos que muestran una mineralización significativa de oro cerca de la superficie.
Puntos destacados incluyen:
- Pozo H25004: 32,04 metros con 0,54 g/t Au y 4,62 g/t Ag desde la superficie
- Incluyendo 4,57 metros con 1,14 g/t Au y 10,53 g/t Ag
- Y 6,10 metros con 1,50 g/t Au y 11,75 g/t Ag
Las pruebas de solubilidad con cianuro mostraron resultados prometedores que varían entre el 89% y el 32% por pozo, con intersecciones más superficiales que demostraron mayor solubilidad. La compañía sugiere que estos resultados indican potencial para una operación de lixiviación en pilas a cielo abierto. Se esperan los resultados de los 3 pozos restantes.
StrikePoint Gold Inc. (TSXV: SKP) (OTCQB: STKXF)는 네바다 워커 레인의 허큘리스 골드 프로젝트 봄 2025 시추 프로그램의 초기 결과를 발표했습니다. 회사는 총 1,400미터에 걸쳐 7개의 시추공을 완료했으며, 처음 4개의 시추공 결과는 지표 근처에서 상당한 금 광물화가 있음을 보여줍니다.
주요 내용은 다음과 같습니다:
- 시추공 H25004: 지표부터 32.04미터 구간에서 0.54 g/t Au 및 4.62 g/t Ag
- 그 중 4.57미터 구간에서 1.14 g/t Au 및 10.53 g/t Ag 포함
- 그리고 6.10미터 구간에서 1.50 g/t Au 및 11.75 g/t Ag 포함
시안화물 용해도 테스트 결과는 시추공별로 89%에서 32% 사이로 유망한 수치를 보였으며, 얕은 구간에서 더 높은 용해도를 나타냈습니다. 회사는 이 결과가 노천 힙 리치 작업 가능성을 시사한다고 보고 있습니다. 나머지 3개 시추공 결과는 아직 대기 중입니다.
StrikePoint Gold Inc. (TSXV : SKP) (OTCQB : STKXF) a annoncé les résultats initiaux de son programme de forage du printemps 2025 sur le projet aurifère Hercules dans la Walker Lane du Nevada. La société a réalisé 7 forages totalisant 1 400 mètres, les résultats des 4 premiers forages montrant une minéralisation aurifère significative en surface.
Points clés :
- Forage H25004 : 32,04 mètres à 0,54 g/t Au et 4,62 g/t Ag depuis la surface
- Dont 4,57 mètres à 1,14 g/t Au et 10,53 g/t Ag
- Et 6,10 mètres à 1,50 g/t Au et 11,75 g/t Ag
Les tests de solubilité au cyanure ont montré des résultats prometteurs allant de 89 % à 32 % par forage, les intercepts les plus superficiels présentant une solubilité plus élevée. La société suggère que ces résultats indiquent un potentiel pour une exploitation en tas lixiviation à ciel ouvert. Les résultats des 3 forages restants sont en attente.
StrikePoint Gold Inc. (TSXV: SKP) (OTCQB: STKXF) hat erste Ergebnisse seines Bohrprogramms im Frühjahr 2025 beim Hercules Gold Projekt in Nevadas Walker Lane bekannt gegeben. Das Unternehmen hat 7 Bohrlöcher mit insgesamt 1.400 Metern abgeschlossen, wobei die Ergebnisse der ersten 4 Löcher eine signifikante Goldmineralisierung nahe der Oberfläche zeigen.
Wichtige Highlights umfassen:
- Bohrloch H25004: 32,04 Meter mit 0,54 g/t Au und 4,62 g/t Ag ab Oberfläche
- Darunter 4,57 Meter mit 1,14 g/t Au und 10,53 g/t Ag
- Und 6,10 Meter mit 1,50 g/t Au und 11,75 g/t Ag
Cyanidlöslichkeitstests zeigten vielversprechende Ergebnisse zwischen 89 % und 32 % pro Bohrloch, wobei flachere Abschnitte eine höhere Löslichkeit aufwiesen. Das Unternehmen deutet an, dass diese Ergebnisse Potenzial für eine Tagebau-Haufenlaugungsanlage anzeigen. Die Ergebnisse der verbleibenden 3 Bohrlöcher stehen noch aus.
- All 4 reported holes encountered near-surface gold mineralization
- High cyanide solubility (up to 89%) indicates potential for efficient gold recovery
- Results support potential for economical open pit heap leach operation
- True thickness of mineralization cannot be determined due to insufficient data
- Gold grades are relatively modest (mostly under 1.5 g/t Au)
Vancouver, British Columbia--(Newsfile Corp. - April 28, 2025) - StrikePoint Gold Inc. (TSXV: SKP) (OTCQB: STKXF) ("StrikePoint" or the "Company") is pleased to announce initial results from drilling that took place in the spring of 2025 on its Hercules Gold Project located in Nevada's prolific Walker Lane.
The Company completed 7 drillholes totaling approximately 1,400 meters of reverse circulation drilling on the Hercules Gold Project. StrikePoint is reporting assay results from the first 4 drillholes of the program, with each drillhole returning near surface gold mineralization. The final 3 drillholes remain queued at the lab and expected to be received shortly.
Hercules Gold Project April 28, 2025, Drill Results
| Hole ID | From (m) | To (m) | Length (m) | Au (g/t) | Ag (g/t) |
| H25001 | 4.57 | 9.14 | 4.57 | 0.22 | 7.37 |
| and | 12.18 | 41.11 | 28.93 | 0.45 | 6.05 |
| incl. | 30.45 | 36.54 | 6.09 | 1.04 | 14.27 |
| and | 62.42 | 80.69 | 18.27 | 0.61 | 4.66 |
| incl. | 66.99 | 73.08 | 6.09 | 1.33 | 10.38 |
| H25002 | 0.00 | 18.29 | 18.29 | 0.30 | 1.68 |
| and | 89.92 | 115.82 | 25.91 | 0.55 | 2.73 |
| H25003 | 0.00 | 3.05 | 3.05 | 0.23 | 1.60 |
| and | 19.81 | 25.91 | 6.10 | 0.43 | 2.28 |
| and | 30.48 | 60.96 | 30.48 | 0.37 | 3.57 |
| incl | 32.00 | 35.05 | 3.05 | 0.97 | 4.50 |
| and | 73.15 | 86.87 | 13.72 | 0.25 | 2.37 |
| H25004 | 0.00 | 32.04 | 32.04 | 0.54 | 4.62 |
| incl | 0.00 | 4.57 | 4.57 | 1.14 | 10.53 |
| and incl | 24.38 | 30.48 | 6.10 | 1.50 | 11.75 |
| and | 103.63 | 121.92 | 18.29 | 0.30 | 3.12 |
Length reported above is sample length, there is insufficient data to estimate true thickness.
Michael G. Allen, President and CEO of StrikePoint said, "Results received so far show broad zones of near surface gold mineralization on the Hercules Gold Project. This is in line with our recently announced Exploration Target for the property. The near surface nature of the mineralization leads the Company to anticipate that Hercules could potentially be an open pit - heap leach type operation."
For further information on the Exploration Target on the Hercules Gold Project refer to the Company's March 3, 2025 release.
Figure 1: Hercules Gold Project 2025 Drill Collars
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5044/249922_a95998e664bf0ad6_001full.jpg
Hercules Gold Project April 28, 2025, Drill Hole Information
| HoleID | Az | Inc. | Hole Length (m) |
| H25001 | 290 | -45 | 152.44 |
| H25002 | 300 | -60 | 160.06 |
| H25003 | 360 | -90 | 152.44 |
| H25004 | 320 | -60 | 152.44 |
Drilling Discussion:
The drillholes released today were drilled into the Hercules target. Near surface gold and silver was encountered in all holes. Comparing cyanide soluble gold assays to fire assays showed that cyanide solubility ranged between
The Company expects the final 3 holes of the 2025 spring drill program to be received shortly.
About Nevada
Nevada is one of the most globally recognized mining jurisdictions in the world, with over 218 million ounces of gold produced to date. Multiple operators in the state, including Nevada Gold Mines (Barrick/Newmont), Kinross, SSR Mining, McEwan Mining, Integra Resources and Calibre Mining. Many of the operations are open pit, heap leach operations, producing at similar grades to the Exploration Target defined on the Hercules Gold Project.
About StrikePoint
Headed by CEO Michael G. Allen, StrikePoint is a multi-asset gold exploration company focused on building precious metals resources in the Western United States and in Canada.
Mr. Allen has been working in the Walker Lane for the last 15 years, with multiple transactions completed in that timeframe including the acquisition of the Sterling Gold Project, located near Beatty, Nevada, and the sale of Northern Empire to Coeur Mining for approximately
The Hercules Gold Project features an Exploration Target, as defined by NI 43-101, as follows:
Hercules Gold Project Exploration Target Model *
| Exploration Target | |
| Tonnage Range (tonnes) | Grade Range (g/t) Au |
| 40,300,000 - 65,600,000 | 0.48 - 0.63 |
* The stated potential quantity and grade is conceptual in nature, and there has not been sufficient exploration to define a mineral resource, and it is uncertain if further exploration will result in the target being delineated as a mineral resource. The Exploration Target Model has not been evaluated for reasonable prospects of eventual economic extraction. The Exploration Target expressed should not be misrepresented or misconstrued as an estimate of a mineral resource or mineral reserve.
The Exploration Target was developed using historical drilling, trenching data, and gold assay results. Mineralization trends were evaluated using Artificial Intelligence ("AI") to generate a trend model, which informed the construction of grade shells in combination with current geological understanding. These grade shells were used to estimate the distribution of mineralized tonnes and to support the generation of grade-tonnage curves. The Exploration Target and AI generated model will be utilized to guide future drilling in these areas of known mineralization.
The Exploration Target used data from the Sirens, Hercules, Cliffs, Loaves, Lucky Rusty, Rattlesnakes, and Northeast showings on the Hercules Gold Project. In this area there are a total of 306 historical drillholes yielding a total of 31,776 meters in the drillhole database along with data for 121 surface trenches. The drillhole database contains a total of 18,409 sample interval entries, with the trenches providing another 475 sample entries. A total of 5,620 sample intervals are contained within the mineralization domains utilized for the Exploration Target.
The Management and Board of StrikePoint has strong expertise in exploration, finance and engineering.
StrikePoint is rapidly becoming one of its largest holders of mineral claims with approximately 145 square kilometers of prospective geology under claim, encompassing two district scale projects, the Hercules Gold Project and the Cuprite Gold Project.
In addition, the Company controls two advanced-stage exploration assets in British Columbia's Golden Triangle: the past-producing high-grade silver Porter-Idaho Project and the high-grade gold Willoughby Project.
QA/QC
Samples were split in the field using industry standard techniques. Samples were sealed in individual numbered bags prior to shipment to ALS Global in Reno, Nevada for sample preparation, prior to assaying in ALS Global facilities in North Vancouver.
Gold is determined by fire-assay fusion of a 30-gram sub-sample with atomic absorption spectroscopy (AAS). Various metals including silver, arsenic, and antimony are analyzed by inductively-coupled plasma (ICP) atomic emission spectroscopy, following multi-acid digestion. ALS Geochemistry meets all requirements of International Standards ISO/IEC 17025:2017 and ISO 9001:2015. ALS Global operates according to the guidelines set out in ISO/IEC Guide 25.
The Company maintains a robust QA/QC program that includes the collection and analysis of duplicate samples and the insertion of blanks and standards (certified reference material).
Qualified Person Statement
All technical data, as disclosed in this press release, has been verified by Michael G. Allen, P. Geo, President and CEO of the Company. Mr. Allen is a qualified person as defined under the terms of National Instrument 43-101.
ON BEHALF OF THE BOARD OF DIRECTORS OF STRIKEPOINT GOLD INC.
"Michael G. Allen"
Michael G. Allen
President, Chief Executive Officer & Director
For more information, please contact:
StrikePoint Gold Inc.
Knox Henderson
T: (604) 551-2360
E: mkh@strikepointgold.com
W: www.strikepointgold.com
Cautionary Statement on Forward Looking Information
Certain statements made and information contained herein may constitute "forward looking information" and "forward looking statements" within the meaning of applicable Canadian and United States securities legislation. These statements and information are based on facts currently available to the Company and there is no assurance that actual results will meet management's expectations. Forward-looking statements and information may be identified by such terms as "anticipates", "believes", "targets", "estimates", "plans", "expects", "may", "will", "speculates", "could" or "would".
All of the forward-looking statements made in this document are qualified by these cautionary statements. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated, forecast or intended and readers are cautioned that the foregoing list is not exhaustive of all factors and assumptions which may have been used. Should one or more of these risks and uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in forward-looking information. Accordingly, there can be no assurance that forward-looking information will prove to be accurate and forward-looking information is not a guarantee of future performance. Readers are advised not to place undue reliance on forward-looking information. The forward-looking information contained herein speaks only as of the date of this document. The Company disclaims any intention or obligation to update or revise forward-looking information or to explain any material difference between such and subsequent actual events, except as required by applicable law.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/249922
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