17:34:49 EDT Thu 29 Oct 2026
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or Name
USA
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Strikepoint Gold Inc (4)
Symbol SKP
Shares Issued 102,239,241
Close 2026-10-29 C$ 1.565
Market Cap C$ 160,004,412
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Strikepoint Gold starts drilling at Northumberland

2026-10-29 17:05 ET - News Release

Mr. Michael Allen reports

STRIKEPOINT GOLD COMMENCES DRILLING AT NORTHUMBERLAND GOLD PROJECT

Strikepoint Gold Inc. has commenced drilling at the Northumberland gold project.

Strikepoint has mobilized NISS Global who is providing a core rig to Northumberland to commence the company's initial phase of drilling. The goals of the initial phase of drilling for the project include mineral resource expansion and infill drilling, as well as metallurgical sampling across the extensive mineralized Carlin-style gold system at Northumberland.

Northumberland hosts a mineral resource of 2.86 million gold equivalent ounces grading 1.33 grams per tonne AuEq (gold equivalent) in the indicated category with an additional 1.57 million gold equivalent ounces grading 1.58 g/t AuEq in the inferred category, as detailed in Table 1 attached herein.

Michael G. Allen, president and chief executive officer of Strikepoint, said: "We're pleased to have commenced drilling at Northumberland and for the opportunity that this asset represents for our shareholders. The infill drilling is intended to upgrade our confidence in the current mineral resource estimate, which remains open to expansion in a number of directions, and provide new samples for metallurgical optimization. As additional drills arrive, we'll look to expand into exploration on several priority but, as yet, largely untested targets."

The first phase of drilling is planned to be approximately 15,000 metres. Additional rigs will be added to the program early in the New Year. This phase 1 drill program at Northumberland is situated on private property and is fully permitted.

About Strikepoint Gold Inc.

Strikepoint is a Vancouver-based multiasset gold exploration company focused on acquiring, defining and developing precious metals projects in the Western United States. Strikepoint's flagship project is the 100-per-cent-owned, Carlin-style Northumberland gold project located in Nevada's Walker Lane. In addition to Northumberland, Strikepoint owns a portfolio of exploration properties in Nevada, including the Hercules and Cuprite gold projects.

Qualified person statement

All technical data and scientific data, as disclosed in this news 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.

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