Business
StrikePoint Commences Drilling at Hercules Gold Project, With Current Exploration Target of 1 Moz of Oxide Gold in Nevada's Walker Lane
7-8 Holes (~1,500m) to infill and expand oxide gold mineralization Exploration Target betwe...
About this update from Strikepoint Gold Inc.
[{"type":"text","content":"StrikePoint Commences Drilling at Hercules Gold Project, With Current Exploration Target of 1 Moz of Oxide Gold in Nevada's Walker Lane7-8 Holes (~1,500m) to infill and expand oxide gold mineralization Exploration Target between 820 and 1,020 Koz Au grading between 0.48 g/t and 0.63 g/t AuAcquisition cost $250,000, now targeting multi-million Au Oz Potential in Tier 1 JurisdictionDrill Results Expected in Q2 2025Vancouver, British Columbia--(Newsfile Corp. - March 10, 2025) - StrikePoint Gold Inc. (TSXV: SKP) (OTCQB: STKXF) (\"StrikePoint\" or the \"Company\") is pleased to announce the commencement of an infill and expansion drilling program at the Hercules Gold Project (\"Hercules\") in Nevada's Walker Lane. This program aims to build on the recently published Exploration Target of 820,000 to 1,020,000 ounces (\"oz\") of gold (\"Au\"), further advancing what the Company believes is a high-potential oxide gold system. Acquired for just $250,000 in late 2024, Hercules has rapidly evolved into a cornerstone asset in StrikePoint's portfolio, underscoring the Company's strategy of creating significant shareholder value through strategic acquisitions and focused exploration.The program is planned to be 7 to 8 holes on multiple targets on the northern portion of Hercules Gold Project, encompassing approximately 1,500 meters (5,000 feet) of drilling. The program is expected be completed in late March or early April 2025, with results to follow shortly. The drilling is being carried out under a Plan of Operations permit. The program will infill and potentially expand the mineralization on the property, moving the Company towards its goal of defining a multi-million ounce gold resource at Hercules. On March 3, 2025 the Company announced the conclusion of the technical report being written on the property which included an initial gold Exploration Target of between 820,000 and 1,020,000 oz gold grading between 0.48 g/t and 0.63 g/t Au. (For further information on the Exploration Target, please see the Company's March 3, 2025 news release).Webinar: On Wednesday, March 12, 2025, at 10:00am PT / 1pm ET, StrikePoint CEO, Michael G. Allen, will host an interactive webinar discussing the Company's drill program at Hercules and future plans: Register in advance for this meeting from this link: https://us02web.zoom.us/meeting/register/XpZNNcO4Ro...