Mr. Michael Allen reports

STRIKEPOINT GOLD RECEIVES PERMIT FOR DRILLING ON PONY MEADOWS TARGET, HERCULES GOLD PROJECT, NEVADA

Strikepoint Gold Inc. has confirmed from the Bureau of Land Management of Nevada (BLM) that the company's notice of intent to explore has been reviewed and concluded that the notice is complete and the proposed exploration approved.

Michael G. Allen, president and chief executive officer of Strikepoint, said: "The Pony Meadows target is interpreted to be a large-scale ring structure, similar to the structures that host significant gold mineralization further to the north of our 100-per-cent-owned Hercules gold project. We are particularly excited as surface exploration at Pony Meadows has revealed a mapped structure of approximately 2.6 kilometres, and we have successfully panned gold from the vein that occupies this structure."

In addition to the Pony Meadows drill permit, the company has two additional drill permits for the southern portion of the Hercules gold project, one at Sirens and a second at the Como Comet showing.

The Sirens showing received a minor amount of historical drilling in 2008. Notable results included 38.10 metres (m) grading 0.64 gram per tonne (g/t) gold (Au), ending in 0.85 g/t Au, as well as 25.91 m of 0.68 g/t Au ending in 0.91 g/t Au. The fact these holes end in significant gold grade indicates that the target has not been adequately tested.

The Como Comet showing is located between the Como district controlled by Newmont Mining Corp. and the past-producing Hully Logan mine. Surface sampling of up to 5.0 g/t Au have been received and many significant historical drill intercepts have been noted in the area.

With drill permits in hand, Strikepoint is preparing for an upcoming drill program.

To view video briefs on Strikepoint's projects and hear commentary on other Nevada gold projects from Strikepoint chief executive officer Michael G. Allen, visit the company's YouTube channel.

Nevada Gold industry update

Michael G. Allen, president and chief executive officer of Strikepoint, said: "In recent months, Nevada has been a hotbed of merger and acquisition activity. The Pan gold mine is in the process of being sold by Equinox Gold Corp. to Minera Alamos Inc. for consideration of $115-million (U.S.) in cash and shares. In addition, AngloGold Ashanti PLC announced the acquisition of Augusta Gold Corp. for cash consideration of $197-million. Strikepoint's Hercules gold project with a National Instrument 43-101 defined 'exploration target' of between 819,000 and 1,019,000 ounces of gold, grading between 0.48 g/t and 0.63 g/t Au compares favourably to these recently announced transactions. In addition, Centerra Gold Inc. recently announce a positive development decision on the Goldfield project, with an average head grade of 0.66 g/t Au. These recent developments in the Nevada gold space demonstrate the potential value of the Hercules gold project."

Upcoming events

The company will be presenting at the upcoming virtual Emerging Growth Conference on Thursday, Sept. 25, 2025, at 1:10 p.m. Eastern Time. Further information and registration for the Emerging Growth Conference can be found on-line.

In addition, Strikepoint will be attending the upcoming Metals Investor Forum, taking place at the JW Marriott Parq Hotel in Vancouver, B.C., on Sept. 26 and Sept. 27, 2025. Strikepoint chief executive officer Michael G. Allen will be presenting at 3:50 p.m. on Saturday, Sept. 27. Conference information and registration can be found at the Metals Investor Forum website.

About Strikepoint Gold Inc.

Headed by CEO Michael G. Allen, Strikepoint is a multiasset 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 time frame including the acquisition of the Sterling gold project, located near Beatty, Nev., and the sale of Northern Empire Resources Corp. to Coeur Mining Inc. for approximately $120-million. The Sterling gold project is now part of AnglogGold Ashanti PLC's expanded silicon project. In addition, Mr. Allen was the past president and CEO of Elevation Gold Mining Corp., which operated Arizona's largest gold mine.

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 kilometres of prospective geology under claim, encompassing two district-scale projects, the Hercules gold project and the Cuprite gold project.

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