202621 releases
Latest · October 29, 2026StrikePoint Gold Commences Drilling at Northumberland Gold ProjectRead the release
StrikePoint Gold has commenced drilling at its 100%-owned Northumberland Gold Project in Nevada, using a core rig from NISS Global. The initial Phase 1 program is planned at approximately 15,000 meters for resource infill and expansion and metallurgical sampling, with additional rigs to be added early in the New Year.
Drill resultsStrikePoint Gold Strengthens its Team with Hiring of Keith Wood as Exploration Manager and Appointment of Stephen Quin as a Strategic Advisor
Keith Wood has been hired as Exploration Manager for the newly acquired Northumberland Gold Project in Nevada's Walker Lane, bringing 28 years of Nevada gold and silver exploration experience including roles at Nevada Gold Mines and Barrick Gold. Stephen Quin, formerly President and CEO of Midas Gold Corp., was appointed Strategic Advisor. StrikePoint also granted 7,850,000 incentive stock options exercisable at $2.00 per share until October 13, 2031, including 250,000 to Knox Communications Inc.
ManagementStrikePoint Resumes Trading After Completion of Acquisition of Northumberland Gold Project, Emerging as a Tier-One Gold Explorer in Nevada’s Walker Lane
The acquisition of the Northumberland Gold Project in Nevada's Walker Lane from Newmont Corporation subsidiaries has closed, and trading has resumed reflecting the share consolidation announced September 29, 2026. An initial SLR-prepared mineral resource estimate, effective July 31, 2026, reports 67,008 kt indicated at 1.26 g/t Au and 5.38 g/t Ag (2.86 Moz AuEq) and 30,967 kt inferred at 1.53 g/t Au and 4.28 g/t Ag (1.57 Moz AuEq). StrikePoint holds approximately C$90M in working capital post closing, with five drill permits in place and drilling anticipated within a month.
AcquisitionStrikePoint Completes Acquisition of the Northumberland Gold Project from Newmont CorporationNorthumberland
StrikePoint Gold completed its acquisition of the Northumberland Gold Project in Nevada's Walker Lane from subsidiaries of Newmont Corporation, paying US$70 million in upfront cash at closing. Two further contingent payments of US$25 million each are due after a feasibility study and after certain commercial production milestones. The Northumberland MRE stands at 2.86 Moz AuEq indicated and 1.57 Moz AuEq inferred.
AcquisitionStrikePoint Completes Acquisition of the Northumberland Gold Project from Newmont Corporation Escrow Release Conditions Satisfied for C$190 Million Bought Deal Financing Led by Canaccord Genuity
Acquisition of the Northumberland Gold Project in Nevada's Walker Lane from Newmont subsidiaries closed October 6, 2026, with US$70 million paid at closing plus two contingent payments of US$25 million each tied to a feasibility study and commercial production milestones. Escrow release conditions were satisfied for the C$190 million bought deal of 95,000,000 subscription receipts at C$2.00, underwritten by Canaccord Genuity. Tembo also bought a 0.5% NSR royalty for US$10 million; Alan Pangbourne was appointed Chairman.
AcquisitionStrikePoint Announces Effective Date of Consolidation, Refiling of Technical Report and Provides Update on Closing of Northumberland Gold Project AcquisitionNorthumberland
StrikePoint Gold will consolidate its shares, options and warrants on a 10-to-1 basis, effective October 2, 2026, leaving about 7,239,238 common shares outstanding before subscription receipts convert. The company also expects to close its acquisition of the Nevada Northumberland Gold Project from Newmont on or about October 6, 2026, and has refiled the project's NI 43-101 technical report at the TSX Venture Exchange's request with no material changes.
CorporateStrikePoint Announces Effective Date of Consolidation, Refiling of Technical Report and Provides Update on Closing of Northumberland Gold Project Acquisition
A 10-to-1 share consolidation of all issued common shares, options and warrants takes effect October 2, 2026, leaving approximately 7,239,238 shares outstanding, or about 102.2 million once Financing subscription receipts convert. The acquisition of the Northumberland Gold Project in Nevada from subsidiaries of Newmont Corporation is expected to close on or about October 6, 2026, funded by the $190,000,000 bought deal. An amended NI 43-101 technical report on Northumberland was filed on SEDAR+ with no material changes; trading remains halted.
CorporateStrikePoint Announces Closing of $190,000,000 Bought Deal Private Placement of Subscription Receipts to Acquire and Explore the Northumberland Gold ProjectNorthumberland
StrikePoint Gold closed a bought deal private placement of 95,000,000 subscription receipts at $2.00 each for aggregate gross proceeds of $190 million, including the full exercise of the underwriter's option. Net proceeds are earmarked for the cash component of the previously announced acquisition of the Northumberland Gold Project in Nevada from Newmont Corporation's subsidiaries, plus exploration and general corporate purposes. Proceeds remain in escrow until conditions are met, with an October 24, 2026 release deadline.
FinancingStrikePoint Announces Closing of $190,000,000 Bought Deal Private Placement of Subscription Receipts to Acquire and Explore the Northumberland Gold Project
A $190 million bought deal private placement closed through subsidiary 1599042 B.C. Ltd., comprising 95,000,000 subscription receipts at $2.00 each, including full exercise of Canaccord Genuity's option. Proceeds, held in escrow pending release conditions by October 24, 2026, will fund the cash component of the acquisition of the Northumberland Gold Project in Nevada from Newmont subsidiaries and exploration there. Tembo Capital bought 20,300,000 receipts (about 19.9% on conversion), gained a board nominee, and agreed to buy a 0.5% NSR royalty for US$10 million.
FinancingStrikePoint Announces Closing of C$2 Million Non-Brokered Private PlacementFinancing
StrikePoint Gold closed a non-brokered private placement of 10,000,000 units at $0.20 per unit for gross proceeds of C$2,000,000, with each unit comprising one share and one-half of a warrant exercisable at $0.30 for three years. Proceeds will fund costs of the Northumberland Gold Project acquisition, a concurrent bought deal and a share consolidation, plus working capital and repayment of $500,000 in promissory notes. Closing remains subject to TSX Venture Exchange final approval.
FinancingStrikePoint Announces Closing of C$2 Million Non-Brokered Private Placement
A C$2,000,000 non-brokered private placement has closed, with 10,000,000 units issued at $0.20 per unit, each unit comprising one common share and one-half warrant exercisable at $0.30 for three years. No finders' fees were paid, and directors and officers subscribed for 2,081,750 units for $416,350. Proceeds will fund costs related to the Northumberland Gold Project acquisition in Nevada, the concurrent bought deal financing and 10-for-1 share consolidation, repayment of $500,000 in promissory notes, and working capital. Final TSXV approval is pending.
FinancingStrikePoint Announces Upsize of Bought Deal Private Placement to C$160 MillionFinancing
StrikePoint Gold has amended its agreement with Canaccord Genuity to upsize its bought deal private placement to 80,000,000 subscription receipts at C$2.00 each, for gross proceeds of C$160 million. The underwriter also holds an option for up to 15,000,000 additional subscription receipts, for up to C$30 million more. Net proceeds will fund the cash component of a transaction, advance the Northumberland project in Nevada, and support general corporate purposes.
FinancingStrikePoint Announces Upsize of Bought Deal Private Placement to C$160 Million
A previously announced bought deal private placement has been upsized to 80,000,000 subscription receipts of 1599042 B.C. Ltd. at C$2.00 each for gross proceeds of C$160,000,000, with an underwriter option for up to 15,000,000 additional subscription receipts for up to C$30,000,000 more. Canaccord Genuity Corp. is the underwriter. Net proceeds will fund the cash component of the Transaction described in the August 19, 2026 release, exploration and development at the Northumberland project in Nevada, and general corporate purposes (less than 10%).
FinancingStrikePoint Announces Agreement to Purchase the Northumberland Project, a Gold Deposit in Nevada's Walker Lane, from Newmont CorporationNorthumberland
StrikePoint Gold has agreed to buy the Northumberland Gold Project in Nevada's Walker Lane from subsidiaries of Newmont Corporation for US$70 million upfront, plus two contingent US$25 million payments. The release also reports an initial mineral resource estimate of 2.86 Moz AuEq indicated and 1.57 Moz AuEq inferred, and a C$140 million bought deal financing led by Canaccord Genuity.
AcquisitionStrikePoint Announces Final Results of Drilling at Hercules Gold Project, H26005 Cut 67.06m grading 0.53 g/t Au and 11.69 g/t Ag Including 7.62m of 2.93 g/t Au with 54.48 g/t Ag, New Broad Zone of Oxide Gold Continues to be Intercepted at Cliffs Target
Hole H26005 at the SW Cliffs target of the Hercules Gold Project in Nevada's Walker Lane cut 67.06 metres grading 0.53 g/t Au and 11.69 g/t Ag, including 7.62 metres of 2.93 g/t Au and 54.48 g/t Ag, plus intervals of 32.01 metres at 0.20 g/t Au and 7.62 metres at 0.18 g/t Au. Other holes included H26029 with 38.10 metres at 0.32 g/t Au and H26018 with 7.62 metres at 1.28 g/t Au. These are the final assays from the 29-hole Spring 2026 program.
Drill resultsStrikePoint Gold Files Updated Technical Reports for its Hercules and Cuprite Projects
Updated NI 43-101 technical reports have been filed for the Hercules Gold Project and Cuprite Gold Project. The Hercules report incorporates recent exploration and drill results, while the Cuprite report includes enhanced disclosures summarizing the project's technical merits. Both reports are available on SEDAR+ and the company's website. StrikePoint holds approximately 145 square kilometres of claims across the two projects in the Western United States.
Study resultsStrikePoint Drills Best Hole to Date at Hercules Gold Project, H26004 Cuts 114.30m grading 0.69 g/t Au and 5.03 g/t Ag Including 9.14 m of 2.95 g/t Au with 16.18 g/t Ag, New broad zone of oxide gold mineralization developing at Cliffs Target
Hole H26-004 at the Cliffs target on the Hercules Gold Project in Nevada's Walker Lane returned 114.30 m grading 0.69 g/t Au and 5.03 g/t Ag from 135.64 m, including 9.14 m of 2.95 g/t Au and 16.18 g/t Ag, 7.62 m of 1.02 g/t Au and 6.76 g/t Ag, and 9.14 m of 1.23 g/t Au and 6.62 g/t Ag. The hole ended in mineralization after being terminated early due to drilling conditions. A maiden resource estimate is anticipated in Q4 2026.
Drill resultsStrikePoint Drills Multiple Gold-Silver Intercepts Including 21.34m grading 0.62 g/t Au and 8.6 g/t Ag at the Hercules Target and 13.72m grading 1.09 g/t Au and 4.6 g/t Ag at the Cliffs Target
Initial assays from the first 9 RC holes (1,440.18 m) of the Spring 2026 drill program at the Hercules Gold Project in Nevada's Walker Lane returned 21.34 m grading 0.62 g/t Au and 8.6 g/t Ag at the Hercules target (H26011), 13.72 m of 1.09 g/t Au and 4.6 g/t Ag plus 19.82 m of 0.17 g/t Au at Cliffs (H26012), 60.96 m of 0.21 g/t Au and 2.8 g/t Ag (H26014), and 47.24 m of 0.34 g/t Au (H26001). The completed program totalled 29 holes over 3,918 m, intended to support a maiden resource estimate anticipated by Q4 2026.
Drill resultsStrikePoint Gold Issues Clarifying News Release Regarding Exploration Target Disclosure
Following a review by the British Columbia Securities Commission, prior statements regarding exploration targets at the Hercules Gold Project have been retracted as contrary to section 2.3(2)(a) of NI 43-101, because they suggested the exploration target was equivalent to or readily convertible into a mineral resource estimate. Any exploration target disclosed is conceptual, with insufficient exploration to define a mineral resource at Hercules. The company has amended its website, corporate presentation, social media and other investor relations materials.
CorporateStrikePoint Gold Commences Initial 2026 Drill Program at Hercules Gold Project, Located in Nevada’s Walker Lane
An initial 2026 drill program has begun at the Hercules Gold Project in Nevada's Walker Lane, comprising approximately 30 reverse circulation holes totaling an estimated 3,650 metres over about 45 days, with initial results expected in April 2026 and a maiden resource estimate anticipated in Q3 2026. Hercules has an NI 43-101 exploration target of 819,000 to 1,019,000 oz Au grading 0.48 to 0.63 g/t Au in 40,300,000 to 65,600,000 tonnes. Drill permits will later be modified to include the newly acquired Como District.
Drill resultsStrikePoint Gold Acquires Nevada’s Past Producing Como Mining District from Newmont Mining Corporation
A definitive agreement has been signed to acquire 51 unpatented mining claims in the past-producing Como Mining District from Fronteer Development (USA) LLC, a Newmont Mining Corporation subsidiary, consolidating the southern portion of the Hercules Gold Project in Nevada's Walker Lane. Terms are US$25,000 on signing (paid), then $50,000, $75,000 and $150,000 at 12, 24 and 36 months, plus milestone payments of $1,500,000 and $3,500,000, and a 1.5% NSR royalty buydownable to 1.0% for $1,000,000. Historical intercepts include CA-4 with 12.19 m of 5.00 g/t Au.
Acquisition
202513 releases
StrikePoint Gold Plans for a Successful 2026
A budget has been approved for approximately 30 reverse circulation holes totalling about 3,500 metres at the Hercules Gold Project in Nevada's Walker Lane, beginning early March 2026 and running up to 60 days, with first assays in mid-April 2026, final results in June 2026 and a maiden resource estimate targeted for Q3 2026. StrikePoint also signed a six-month $150,000 consulting agreement with Capital Analytica and granted 1,765,000 stock options at $0.15 per share expiring December 22, 2030.
CorporateStrikePoint Gold Announces Closing of LIFE Offering for Gross Proceeds of C$3.1 Million
A non-brokered private placement under the listed issuer financing exemption closed with 20,797,460 units issued at C$0.15 per unit for gross proceeds of C$3,119,619, each unit comprising one common share and one warrant exercisable at C$0.30 until November 18, 2027. Finder's fees of C$161,416.50 and 1,076,110 finder warrants were paid; insiders subscribed for 199,460 units for C$29,919. Net proceeds are intended for exploration at the Hercules and Cuprite gold projects in Nevada and working capital, subject to TSX-V approval.
FinancingStrikePoint Gold Announces Upsize of LIFE Offering
The previously announced non-brokered LIFE private placement dated October 29, 2025 has been upsized to up to 20,797,460 units at CAD $0.15 per unit for gross proceeds of up to $3.119 million, each unit comprising one common share and one warrant exercisable at CAD $0.30 for 24 months. Proceeds are earmarked for exploration at the Hercules Gold Project and Cuprite Gold Project in Nevada and general working capital. Closing is subject to TSX Venture Exchange approval, with insider participation anticipated.
FinancingStrikePoint Gold Inc. Announces the Appointment of Alan Pangbourne as an Advisor to the Company
Alan Pangbourne has been appointed as an advisor to StrikePoint Gold. Pangbourne is a mining executive and board director with more than 40 years of global experience, including former COO of SSR Mining and former President and CEO of Guyana Goldfields and Chesapeake Gold, and currently sits on the board of OceanaGold Corporation. StrikePoint holds approximately 145 square kilometres of mineral claims across the Hercules Gold Project and Cuprite Gold Project.
ManagementStrikePoint Gold Announces Non-Brokered Private Placement LIFE Offering of up to $3 Million
A non-brokered private placement under the Listed Issuer Financing Exemption will raise gross proceeds of up to CAD $3 million through up to 20,000,000 units at CAD $0.15 per unit, each unit comprising one common share and one warrant exercisable at CAD $0.30 for 24 months from closing. Net proceeds are earmarked for exploration at the Hercules Gold Project and Cuprite Gold Project in Nevada and general working capital. Closing is subject to TSX Venture Exchange approval, with insider participation anticipated.
Financing