Strikepoint Gold Stock Price, News & Analysis

StrikePoint Gold Inc. (OTCQB: STKXF) is a multi-asset gold exploration company in the gold ore mining industry. According to recent company disclosures, StrikePoint is focused on building precious metals resources in the Western United States and in Canada, with a particular emphasis on oxide gold systems in Nevada’s Walker Lane trend and advanced-stage exploration projects in British Columbia’s Golden Triangle.

Core focus and primary projects

The company states that it is focused on gold exploration, with its portfolio centered on two district-scale projects in Nevada: the Hercules Gold Project and the Cuprite Gold Project. StrikePoint describes itself as rapidly becoming one of the larger holders of mineral claims in this area, with approximately 145 square kilometers of prospective geology under claim across these Nevada projects.

The Hercules Gold Project, located in Nevada’s Walker Lane, is a key asset for the company. StrikePoint reports that Hercules covers approximately 100 square kilometers and consists of 1,323 unpatented claims and four patented claims. The company acquired Hercules for $250,000 and has since advanced it through technical reporting and drilling. A National Instrument 43-101 technical report established a drill-defined, bulk tonnage Exploration Target ranging between 819,000 and 1,018,000 ounces of gold within 40.3 million to 65.6 million tonnes at an estimated grade range of 0.48 to 0.63 g/t Au. The company emphasizes that this Exploration Target is conceptual in nature, is not a mineral resource or reserve, and that it is uncertain if further exploration will result in the target being delineated as a mineral resource.

StrikePoint reports that the Hercules 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 and supported grade–tonnage curves. The company indicates that this AI-generated model and Exploration Target are being used to guide future drilling in areas of known mineralization.

Exploration activity and geology at Hercules

The company has disclosed multiple drilling campaigns at Hercules. It reports that approximately 306 historical drillholes and 121 surface trenches were used in the Exploration Target, with 18,409 drill sample interval entries and 475 trench sample entries, of which 5,620 sample intervals fall within mineralization domains used for the target model. These data underpin the conceptual tonnage and grade ranges disclosed for Hercules.

StrikePoint states that Hercules hosts a near-surface oxide gold system in an epithermal setting. In a spring 2025 drill program of seven reverse circulation holes totaling approximately 1,400 meters, the company reported that all holes encountered near-surface gold mineralization. Assay tables published by StrikePoint include intercepts such as:

• Hole H25005: 117.35 m of 0.45 g/t Au and 3.55 g/t Ag, including 12.19 m of 2.17 g/t Au and 9.55 g/t Ag.
• Hole H25006: 10.67 m of 1.17 g/t Au and 18.13 g/t Ag starting at surface, including 6.10 m of 1.90 g/t Au and 29.90 g/t Ag, plus 44.20 m of 0.35 g/t Au and 4.34 g/t Ag.
• Hole H25004: 32.04 m of 0.54 g/t Au and 4.62 g/t Ag starting at surface, including 4.57 m of 1.14 g/t Au and 10.53 g/t Ag and a further 6.10 m of 1.50 g/t Au and 11.75 g/t Ag.

The company notes that these lengths are sample lengths and that there is insufficient data to estimate true thickness. StrikePoint also reports cyanide-soluble gold testwork, stating that cyanide solubility ranged between 32% and 89% on a per-hole basis, with shallower intercepts showing higher solubility. Based on these results, the company has expressed optimism about the potential for an open-pit, heap-leach style operation at Hercules, while reiterating that the Exploration Target is conceptual and not yet a defined resource.

In addition to the Hercules target itself, the company identifies several named showings and targets within the project area, including Sirens, Cliffs, Loaves, Lucky Rusty, Rattlesnakes, Northeast and Pony Meadows. StrikePoint reports that:

• The Pony Meadows Target is interpreted by the company as a large-scale ring structure, with mapped structure of approximately 2.6 kilometres and panned gold from a vein at surface. The Bureau of Land Management of Nevada has confirmed that a Notice of Intent to Explore was complete, and the company has been approved for three drill pads at Pony Meadows.
• The Sirens showing has historical drilling from 2008, with disclosed intervals such as 38.10 m grading 0.64 g/t Au and 25.91 m of 0.68 g/t Au, both ending in higher-grade material, which the company interprets as indicating that the target has not been adequately tested.
• The Como Comet showing lies between the Como District controlled by Newmont Mining Corporation and the past-producing Hully Logan Mine, with surface sampling reported up to 5.0 g/t Au and multiple historical drill intercepts.

StrikePoint has also highlighted that in addition to the drill-tested zones in the northern part of Hercules, there are over 40 undrilled targets on the property, some of which reportedly include visible gold at surface.

Cuprite and other portfolio assets

Alongside Hercules, StrikePoint identifies the Cuprite Gold Project as another district-scale project in Nevada’s Walker Lane trend. Both projects are described as part of a land position totaling about 145 square kilometers of prospective geology under claim. The company’s disclosures emphasize the strategic nature of these holdings within a recognized gold trend, but the provided information focuses more heavily on Hercules, including technical reporting, exploration targets and drill results.

In Canada, StrikePoint reports control of 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. The company has also disclosed that it completed the sale of the Porter Idaho Project to Dolly Varden Silver Corporation for share consideration valued at $1,100,000, describing Porter Idaho as a non-core asset and indicating that the transaction allows StrikePoint to focus more closely on its gold projects in Nevada’s Walker Lane.

Exploration strategy and technical approach

Across its portfolio, StrikePoint describes an exploration strategy centered on precious metals resource growth in established mining jurisdictions. The company has emphasized:

• Use of NI 43-101 technical reporting and AI-supported modelling to define conceptual Exploration Targets.
• Focus on near-surface oxide gold mineralization at Hercules, which the company associates with potential open-pit, heap-leach development concepts.
• Ongoing infill and expansion drilling to test and extend mineralized zones within the Hercules project area.

StrikePoint also describes internal procedures for quality assurance and quality control (QA/QC) in its sampling and assay programs. Samples are reported to be split in the field, sealed in numbered bags and shipped to ALS Global facilities for preparation and analysis. Gold is determined by fire assay with atomic absorption spectroscopy, while silver and other elements are analyzed by ICP atomic emission spectroscopy following multi-acid digestion. The company notes that ALS Geochemistry operates under international standards such as ISO/IEC 17025:2017 and ISO 9001:2015, and that StrikePoint’s QA/QC program includes duplicate samples, blanks and certified reference materials.

Management background and expertise

StrikePoint repeatedly highlights the experience of its management and board in exploration, finance and engineering. The company notes that its CEO, Michael G. Allen, has worked in Nevada’s Walker Lane for approximately 15 years, with transactions that include the acquisition of the Sterling Gold Project near Beatty, Nevada, and the sale of Northern Empire (or Northern Empire Resources Corp.) to Coeur Mining for approximately $120 million. The company also notes that the Sterling Gold Project is now part of an AngloGold Ashanti project and that Mr. Allen previously served as President and CEO of Elevation Gold Mining Corporation, which operated what the company describes as Arizona’s largest gold mine.

StrikePoint’s disclosures also mention the appointment of Alan Pangbourne as an advisor, describing him as an accomplished mining executive with experience in mine builds, turnarounds and mergers and acquisitions, including prior roles at SSR Mining, OceanaGold Corporation, Guyana Goldfields, Chesapeake Gold, Kinross Gold and BHP Billiton. The company presents this appointment as support for its growth ambitions and advancement of the Hercules Gold Project.

Capital markets and corporate actions

StrikePoint Gold Inc. is listed on the TSX Venture Exchange under the symbol SKP and trades in the United States on the OTCQB under the symbol STKXF. The company has disclosed various capital markets activities, including:

• A consulting services agreement with Capital Analytica (Triomphe Holdings Ltd.) for capital markets and marketing-related services, with associated stock option grants.
• The grant of incentive stock options to directors, officers, consultants, employees and external contractors such as Capital Analytica and Knox Communications Inc., with vesting schedules and exercise prices detailed in company news releases.
• The sale of the Porter Idaho Project to Dolly Varden Silver Corporation in exchange for shares, as part of a stated focus on Nevada gold projects.

In its communications, StrikePoint frequently includes cautionary statements regarding forward-looking information, noting that Exploration Targets are conceptual and that additional exploration is required to determine whether mineral resources can be defined or whether eventual economic extraction is feasible.

Position within the gold exploration sector

Within the broader gold ore mining and exploration sector, StrikePoint positions itself as a gold exploration company with multiple assets in recognized mining jurisdictions. The company’s narrative emphasizes:

• Exposure to Nevada’s Walker Lane Gold Trend through the Hercules and Cuprite projects.
• Control of advanced-stage exploration assets in British Columbia’s Golden Triangle.
• A strategy of acquiring and advancing projects that the company views as undervalued, supported by technical studies and targeted drilling.

All of the information summarized here is based on StrikePoint Gold Inc.’s own public news releases and technical disclosures, which stress that many of the project-level figures are Exploration Targets rather than defined mineral resources, and that further work is required to establish the economic viability of any potential mining operations.