Past Producing Como Mining District Acquisition

VANCOUVER – StrikePoint Gold Inc. has entered into a definitive agreement to acquire certain unpatented mining claims in the past producing Como Mining District from Fronteer Development (USA) LLC, a wholly owned subsidiary of Newmont Mining Corporation.
The acquisition consists of 51 unpatented claims located in the past producing Como District. Historic surface sampling has returned gold (Au) values of up to 166.62 grams per tonne (g/t) Au (4.86 ounces per ton), and silver (Ag) values of up to 109.72 g/t Ag. In a historical surface sample database acquired by the Company a total of 623 surface samples covering the Como Mining District and surrounding area currently controlled by Strikepoint, were collected. Of the 623 surface samples, 93 returned grades greater than 1.00 g/t Au.