Mr. Michael Allen reports

STRIKEPOINT DRILLS BEST HOLE TO DATE AT HERCULES GOLD PROJECT, H26004 CUTS 114.30M GRADING 0.69 G/T AU AND 5.03 G/T AG INCLUDING 9.14 M OF 2.95 G/T AU WITH 16.18 G/T AG, NEW BROAD ZONE OF OXIDE GOLD MINERALIZATION DEVELOPING AT CLIFFS TARGET

Strikepoint Gold Inc. has released a second batch of assay results from its spring 2026 drill program on the Hercules gold project located in Nevada's prolific Walker Lane. The current program is intended to provide sufficient data to support a maiden resource estimate, anticipated in Q4 2026.

The second batch of drill results returned the best-ever drill hole into the Hercules gold project as determined by grade width. Hole H26-004 returned 114.30 metres grading 0.69 gram per tonne Au and 5.03 g/t Ag from 135.64 m down the hole. Critically, this mineralization was dominantly oxide with minor relict sulphides noted, suggesting that the Hercules gold project could potentially develop into an open pit heap leach mine, similar to other mining operations in Nevada.

"We are very pleased with the drilling to date, including the best hole delivered in the history of the project. H26-004 intersected mineralization at a grade above the upper bound of our Hercules exploration target," said Michael G. Allen, president and chief executive officer of Strikepoint.

"The hole ended in mineralization and the zone remains open to the south. Based on drilling since Strikepoint took control of Hercules, we have outlined a broad, near-surface oxide gold zone at the south end of the Cliffs target, the kind of widths and grades that could potentially support the open-pit, heap-leach scenario contemplated for the project."

Drilling discussion

H26004 returned 114.3 metres of 0.69 g/t Au with 5.03 g/t Ag, with three higher-grade intervals captured within the overall intercept, including 9.14 m of 2.95 g/t Au and 16.18 g/t Ag, 7.62 m of 1.02 g/t Au and 6.76 g/t Ag, and finally 9.14 m of 1.23 g/t Au and 6.62 g/t Ag.

The hole is located to the west and of hole H260014, which cut 60.96 m of 0.21 g/t Au with 2.8 g/t Ag, and was targeting the same lobe of mineralization that was encountered in H25005. The three holes are at the southern end of the Cliffs showing and show that the mineralization remains strongly open to the south. H26004 was terminated prematurely due to difficult drilling conditions, the final sample returned 0.41 g/t Au with 6.4 g/t Ag.

Other holes in this release returned shallow mineralization characteristic of the Hercules gold project.

Qualified person statement

All technical data and scientific data, as disclosed in this press release, has been reviewed and approved by Michael G. Allen, PGeo, president and chief executive officer of the company. Mr. Allen is a qualified person as defined under the terms of National Instrument 43-101.

About Strikepoint Gold Inc.

Headed by chief executive officer Michael G. Allen, Strikepoint is a multiasset gold exploration company focused on building precious metals resources in the Western United States and in Canada.

The Hercules gold project features an exploration target, as defined by NI 43-101, as shown in the attached table.

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 drill holes yielding a total of 31,776 metres in the drill hole database along with data for 121 surface trenches. The drill hole 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 mineralization is near surface giving the potential of an open pit, heap leach (oxide) operation.

In addition to the drill-tested targets in the northern part of the property there are over 40 undrilled targets on the property, some of which also include visible gold at surface.

For further information on the exploration target, please refer to the company's March 3, 2025, news release. The technical report describing the exploration target and the Hercules gold project can be found on the company's website.

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 AngloGold Ashanti PLC's Arthur gold project.

The management and board of Strikepoint has strong expertise in exploration, finance and engineering.

About Nevada

Nevada is one of the most globally recognized mining jurisdictions in the world, with over 218 million ounces Au produced to date. Multiple operators in the state, including Nevada Gold Mines (Barrick/Newmont), Kinross, SSR Mining, McEwan Mining and Integra Resources. Many of the operations are open pit, heap leach operations, operating at similar grades to the exploration target defined on the Hercules gold project.

QA/QC (quality assurance/quality control)

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, Nev., for sample preparation, prior to assaying in ALS Global facilities in North Vancouver.

Gold is determined by fire-assay fusion of a 30-gram subsample with atomic absorption spectroscopy (AAS). Various metals including silver, arsenic and antimony are analyzed by inductively coupled plasma (ICP) atomic emission spectroscopy, following multiacid 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).

We seek Safe Harbor.