Strikepoint Gold Inc - Mining Stock Analysis & Updates

StrikePoint Files NI 43-101 Technical Report Outlining Exploration Target of Between 819,000 and 1,018,000 oz Au on the Hercules Gold Project in Nevada's Walker Lane, Completes Drill Program

StrikePoint Commences Drilling at Hercules Gold Project, With Current Exploration Target of 1 Moz of Oxide Gold in Nevada's Walker Lane

StrikePoint Gold Inc. is initiating a drilling program at the Hercules Gold Project in Nevada, targeting 7-8 holes to expand gold mineralization estimated at 820,000 to 1,020,000 ounces. The company aims to define a multi-million ounce resource, with results expected in Q2 2025.

StrikePoint Reports Exploration Target on Hercules Gold Project of Between 819,000 and 1,018,000 Ounces Au Grading Between 0.48 and 0.63 g/t Au

StrikePoint Gold Inc. announces the completion of its first technical report on the Hercules Gold Project in Nevada, establishing a bulk tonnage Exploration Target of 819,000 to 1,018,000 ounces of gold. The report highlights significant untapped potential and untested targets.

StrikePoint Announces AGM Results, Provides Corporate Update

StrikePoint Gold Inc. held its annual meeting, electing five directors and approving auditor appointments and a stock option plan. The company granted 1,185,000 stock options to directors and employees, plus 75,000 to Knox Communications, both at $0.20/share.

StrikePoint Closes Upsized Second and Final Tranche of Private Placement

StrikePoint Gold Inc. has closed the second and final tranche of its oversubscribed non-brokered private placement, issuing 6,942,500 units at a price of CAD $0.20 per unit. This brought the total financing to 15,205,500 units for aggregate gross proceeds of $3,041,100. The company also completed a consolidation of its common shares, with each unit consisting of one common share and one purchase warrant. The warrants can be exercised at a price of $0.30 within two years. Finder's fees of $114,317 were paid in the financing process.

Strikepoint Announces Extension of Private Placement

StrikePoint Gold Inc. has been granted an extension by the TSX Venture Exchange to complete its non-brokered private placement of company units, initially announced in October 2024, by November 27, 2024. Each unit, priced at CAD $0.20, consists of one common share and a warrant exercisable into one common share at an exercise price of $0.30 for a 24-month period. The financing could generate up to $3 million in gross proceeds, which StrikePoint plans to use for exploration at its two Nevada-based projects and for general working capital. Completion of the financing's second tranche is subject to TSXV approval.

StrikePoint Closes First Tranche of Private Placement

StrikePoint Gold Inc. has completed the first phase of its non-brokered private placement, issuing over 8 million units at a price of CAD $0.20 per unit, raising a total of $1,652,600. Each unit comprises of one common share and one share purchase warrant. The company also completed a share consolidation on a 10:1 basis. The warrants are subject to an acceleration clause and the company paid $76,762 in finder's fees for introducing subscribers to the financing. All securities issued are subject to a hold period of four months and one day.