Hercules Gold Project Infill & Expansion Drilling Underway

VANCOUVER - StrikePoint Gold Inc. reported on the commencement of an infill and expansion drilling program at the Hercules Gold Project in 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. 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. The Company also 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.

Michael G. Allen, President and CEO, said, "As the gold price strengthens its an exciting time in Nevada's gold mining industry. Recent mergers and acquisition activities have highlighted the attractiveness of projects in the State of Nevada. Acquiring the Hercules Gold Project for just $250,000 and quickly demonstrating an immediate potential for one million ounces of gold underlines our strategy of identifying and advancing undervalued assets in proven jurisdictions. We believe Nevada's Walker Lane offers a unique environment for swift resource development, and our upcoming drilling will help us unlock the full scope of this oxide gold system. I look forward to talking with shareholders at the upcoming webinar."