StrikePoint Gold Plans for a Successful 2026
TMX Newsfile·2025-12-22 12:30

Core Viewpoint - StrikePoint Gold Inc. is set to undertake a significant resource definition drilling program at the Hercules Gold Project in Nevada in 2026, aiming to convert its current Exploration Target into an inferred resource estimate, which is expected to enhance the company's market valuation based on gold resources [2][3]. Exploration Program - The 2026 exploration plan includes a drilling program consisting of approximately 30 reverse circulation holes, totaling around 3,500 meters, designed to achieve a new resource estimate [4]. - Drilling is scheduled to commence in early March 2026 and is expected to last up to 60 days, with initial assay results anticipated by mid-April 2026 and final results expected in June 2026 [4]. Hercules Gold Project Details - The Hercules Gold Project encompasses 1,323 unpatented claims and four patented claims, covering approximately 100 square kilometers, located about one hour from Reno, Nevada [5]. - The Exploration Target for the Hercules Gold Project is estimated to have a tonnage range of 40,300,000 to 65,600,000 tonnes with a grade range of 0.48 to 0.63 grams per tonne of gold [5]. Technological Integration - The Exploration Target was developed using historical drilling and assay data, with mineralization trends evaluated through Artificial Intelligence to create a trend model that supports future drilling efforts [6]. Investor Relations and Options - The company has entered into a consulting services agreement with Capital Analytica for a six-month term, with a total payment of $150,000 for various marketing and communication services [9]. - Additionally, the company has granted a total of 1,765,000 incentive stock options, with 1,585,000 options awarded to directors, officers, and consultants, exercisable at a price of $0.15 per share until December 22, 2030 [11].