Gold Explorer Expands Massive Project in Nevada's Walker Lane

1. StrikePoint Gold Inc. is a billboard sponsor of Streetwise Reports and pays SWR a monthly sponsorship fee between US$3,000 and US$6,000.
2. As of the date of this article, officers, contractors, shareholders, and/or employees of Streetwise Reports LLC (including members of their household) own securities of StrikePoint Gold Inc.
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1. Disclosure for the quote from the John Newell article published on August 11, 2025

1. For the quoted article (published on August 11, 2025), the Company has paid Street Smart, an affiliate of Streetwise Reports, US$2,000.
2. Author Certification and Compensation: [John Newell of John Newell and Associates] was retained and compensated as an independent contractor by Street Smart for writing this article. Mr. Newell holds a Chartered Investment Management (CIM) designation (2015) and a  U.S. Portfolio Manager designation (2015). The recommendations and opinions expressed in this content reflect the personal, independent, and objective views of the author regarding any and all of the companies discussed. No part of the compensation received by the author was, is, or will be directly or indirectly tied to the specific recommendations or views expressed.

John Newell Disclaimer

As always it is important to note that investing in precious metals like silver carries risks, and market conditions can change violently with shock and awe tactics, that we have seen over the past 20 years. Before making any investment decisions, it's advisable consult with a financial advisor if needed. Also the practice of conducting thorough research and to consider your investment goals and risk tolerance.

2. Ownership and Share Structure Information

The information listed above was updated on the date this article was published and was compiled from information from the company and various other data providers.

StrikePoint Gold Inc. (SKP:TSX.V; STKXF:OTCQB) announced it has finalized an agreement to acquire certain unpatented mining claims in the historic Como Mining District from Fronteer Development (USA) LLC, a subsidiary of Newmont Mining Corp., according to a February 18 release.

This acquisition further consolidates StrikePoint's Hercules Gold Project in Nevada's Walker Lane, enabling expanded exploration of the southern section of the property, where several past-producing mines have seen limited modern exploration.

"The historic data shows widespread gold and silver in surface sampling and historical drilling," StrikePoint Chief Executive Officer Michael G. Allen said. "This transaction consolidates the southern portion of the Hercules Gold Project and allows for effective exploration in the future, along the 'Como Trend,' which extends between three historical producers: the previously controlled Hulley-Logan Mine, the Como District, and the previously controlled Pony Meadows Mine. The company expects to amend its existing Como Comet drill permit to allow for drilling on these newly acquired claims shortly."

The acquisition includes 51 unpatented claims in the Como District. Historical surface sampling has revealed gold values up to 166.62 grams per tonne gold (g/t Au) and silver (Ag) values up to 109.72 g/t Ag. A historical database acquired by the company contains 623 surface samples from the Como Mining District and surrounding area, with 93 samples showing grades greater than 1 g/t Au.

StrikePoint said Limited historical drilling has been conducted in the district, including on the acquired claims. Notable intercepts include CA-4, which returned 12.19 meters of 5 g/t Au, including 3.05 meters grading 13.88 g/t Au, and CA-05, which returned 21.34 meters of 2.02 g/t Au. These holes targeted the Elgin Vein, where a surface sample returned 14.3 g/t Au. No silver data is available for these holes. The data is historical and presented for reference only, with no QA/QC data available.

Stretching from the past-producing Hulley-Logan open pit, heap leach mine, through the Como district, 5 kilometers to the northeast to the Pony Meadows Mine, the Como Trend has now been consolidated by StrikePoint.

StrikePoint said it plans to conduct drilling on the Como, Pony Meadows, and Sirens permits later in 2026, following the completion of its upcoming drill program on the 819,000 to 1,019,000 oz Au Exploration Target, grading between 0.48 g/t Au and 0.63 g/t Au in 40,300,000 to 65,500,000 tonnes at the Hercules Gold Project.

Transaction Summary

The purchase and sale agreement with Fronteer Development (USA) LLC includes the following payments: US$25,000 due on signing (paid), US$50,000 due 12 months after the agreement's execution, US$75,000 due 24 months after execution, and US$150,000 due 36 months after execution.

Milestone payments include US$1.5 million due within 120 days of completing a Preliminary Economic Assessment on a 250Koz AuEq deposit within the acquired claims, and US$3.5 million within 120 days of commercial production on the property.

The company said it also granted Newmont a 1.5% net smelter return royalty, with a buydown option to 1% for US$1 million and a Right of First Refusal on the remainder.

2026 Exploration Strategy

The company's exploration strategy for 2026 is centered on transforming the current National Instrument (NI) 43-101 Exploration Target into an inferred resource estimate. This aligns with the company's exploration target range of 40.3 million to 65.6 million tonnes of mineralized material, with a grade of 0.48 to 0.63 grams per tonne gold (g/t Au). Upon successful completion of the definition drilling, StrikePoint expects a market reevaluation based on enterprise value per resource-defined gold ounces, consistent with NI 43-101 inferred resources of similar deposits.

"2026 will be a transformational year for StrikePoint," Allen said in December 2025. "We anticipate launching a drill program in early March 2026 at our Hercules Gold Project located in Nevada's Walker Lane. The goal of the program is to provide sufficient data for a maiden resource estimate on the property in the third quarter of 2026. This work program is the beginning of an opportunity to unlock significant shareholder value as we believe the Hercules Gold Project is an underappreciated asset within the Walker Lane. The drill program will be the first step in rerating the company in an improving gold market."

StrikePoint has approved a budget for a drilling initiative that includes approximately 30 reverse circulation holes, totaling around 3,500 meters. These holes are strategically planned to ensure adequate spacing to achieve a significant new resource estimate for the site. Drilling is expected to commence in early March and is projected to last up to 60 days. Initial assay results are anticipated by mid-April 2026, with the final results expected in June 2026. After the drilling phase, data will be compiled to prepare a resource estimate, which is expected to be completed in the third quarter of 2026.

Located about an hour from Reno, Nevada, the Hercules Gold Project covers an area of roughly 100 square kilometers. The Hercules exploration target was developed using historical drilling, trenching data, and gold assay results. Mineralization patterns were analyzed using artificial intelligence to create a trend model, which informed the development of grade shells alongside current geological insights. These grade shells were used to estimate the distribution of mineralized tonnes and assist in generating grade-tonnage curves. The exploration target and AI-generated model will guide future drilling in these known mineralization zones, StrikePoint stated.

The initial technical report released in March estimated between 819,000 and 1,018,000 ounces of gold within the mineralized material.

An Overlooked Gold Exploration Story

¹John Newell of John Newell & Associates remarked that StrikePoint "may be one of the most overlooked gold exploration stories in Nevada's Walker Lane," in an article for Streetwise Reports on August 11.

He noted, "In a move that stunned insiders familiar with the asset, the company acquired the Hercules Gold Project, a large, fully permitted oxide gold system, for just US$250,000 after the asset had previously sold for US$25 million." With new capital, a streamlined share structure, and an updated drilling plan, the company is beginning to confirm a 1-million-ounce exploration target. "And the market hasn't caught on," Newell wrote. "Yet."

Newell described SKP.V as "a rare combination: deep-value optionality, a fully permitted oxide gold asset in one of the world's best mining jurisdictions, a proven technical and capital markets team, and a meaningful exploration target on a district-scale land package." He added, "Add in a tight share structure, current drilling, and the possibility of news flow in the coming months, and you have the ingredients for a speculative turnaround."

According to AI analysis of the stock's chart by StockInvest.us on February 18, StrikePoint Gold Inc.'s stock price increased by 2.38%, moving from CA$0.210 to CA$0.215 on Wednesday, the third consecutive day of gains.

"It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days," the analysis noted.

During the last session, the stock fluctuated by 10.26%, with a low of CA$0.195 and a high of CA$0.215. Over the past two weeks, the stock has risen in 6 out of 10 days, achieving a 13.16% increase, the site said.

The stock is currently in the middle of a broad and strong upward trend in the short term, suggesting a continued rise within this trend. Based on the current short-term trend, the stock is expected to increase by 49.05% over the next three months, with a 90% probability of reaching a price between CA$0.272 and CA$0.386 by the end of this period, according to StockInvest.us.

The Catalyst: Possible US Conflict Stabilizes Gold

Gold began to stabilize yesterday as the likelihood of a US-Iran conflict increased, wrote Giuseppe Dellamotta for Investing Live on February 19.

A report from Axios indicated that a war between the U.S. and Iran seems increasingly probable. According to sources cited, there is currently no indication of a diplomatic breakthrough between Washington and Tehran. They also noted that, given President Trump's recent military build-up and heightened rhetoric, it may be challenging for him to de-escalate without Iran making significant concessions on its nuclear program. The report suggested that any military action in Iran would be extensive, involving a weeks-long campaign resembling a full-scale war.

"If a military conflict were to break out, we would see oil prices skyrocket due to the risk of disruption in the Strait of Hormuz, especially in light of the recent military drills. This would be a negative shock for the global economy and lead to stagflation risks," Dellamotta noted. "Stagflation is the best environment for gold, so we would highly likely see the price rallying into a new record high very quickly."

Another risk is the potential U.S. Supreme Court decision on Trump's tariffs expected soon. If the Supreme Court rules against the tariffs, gold could face another selloff due to positive growth expectations, the report said.

Sentiment became more cautious on Thursday following the release of minutes from the Federal Reserve's latest meeting, which revealed divisions among policymakers regarding the interest-rate outlook, Peter Nurse reported for Investing.com on February 19. While some officials pointed to the possibility of further tightening if inflation remains persistent, others recognized the potential for easing later in the year. The prospect of U.S. rates staying elevated for an extended period bolstered the dollar and Treasury yields, putting pressure on non-yielding gold after its recent rise.

Bullion typically struggles when borrowing costs increase because higher yields raise the opportunity cost of holding the metal. Investors are now looking ahead to the U.S. personal consumption expenditures (PCE) price index data due on Friday, which is the Fed's preferred measure of inflation, for clearer indications on the policy direction.

Ownership and Share Structure²

Executive Chairman Shawn Khunkhun holds 0.19% of the company, President and CEO Allen holds 0.98%, Director Ian Richard Harris holds 0.04%, and Director Adrian Wallace Fleming holds 0.01%.

Just over 1% is held by insiders and management, and Mining financier Eric Sprott owns about 5% through his company, 2176423 Ontario Ltd.

The company has 62.39 million shares in circulation and a market capitalization of CA$13.41million. It trades within a 52-week range of CA$0.08 to CA$0.34.