VANCOUVER, BRITISH COLUMBIA--(July 9, 2015) – Strike Point Gold Inc. (the "Company" or "StrikePoint") (TSX VENTURE:SKP) has identified additional potential for gold just 3.0 km south of the main gold bearing veins at the main Black Raven Project. The gold is hosted in oxide-rich, iron formation, which provides good favorability for gold deposition; this area is now termed the Whiskey Jack Project.
At Whisky Jack, historical lithogeochemisty over the area sampled several areas of the iron-formations (OFR 42D16SE2004). Eight localities along this sporadically outcropping iron formation returned anomalous values of gold ranging from 1.1 g/t Au to 4.2 g/t Au, over a strike distance of 1.5 km's.
Several unique features are associated with this anomalous gold in the oxide iron-formation:
• Anomalous soil geochemistry; ranging up to 1150 ppb Au in soils (OFR 20007408).
• Proximal feldspar porphyry intrusion nearby contain appreciable amounts of a green mica.
• Widespread silicification and carbonatization.
• Gold bearing massive sulphides nearby (Kuhner showing).
The geology of the area is comprised of mafic, felsic, intermediate volcanics with intercalated sediments/iron formations. The green mica alteration is predominately within the feldspar porphyry, but cross-cuts numerous lithological units that host the porphyry; many gold deposits are associated with this type of alteration, including the nearby Hemlo Gold Mines. Also, zinc-gold bearing massive sulphides are also associated with the sediments in the vicinity. The Kuhner showing contains 1.1% Zn over 7.6 meters with associated gold values of 4.5 g/t Au over 1.5 meters (OFR 42D16SE0027).
Strike Point is encouraged about the extent of gold mineralization and the many different gold depositional styles seen on the Black Raven Property. Historical data was digitized and incorporated into Strikepoint's database for detailed review in regards to targeting and upcoming drilling on the property.
The Property is located near the northwestern margin of the eastern portion of the Schreiber-Hemlo greenstone belt in Northern Ontario, 220 km east-northeast of the City of Thunder Bay, 30 km northwest of Hemlo Mines, and 14 km northeast of the town of Marathon. The property is accessible from a logging road which connects to the Trans-Canada Highway. This logging road flanks the property on the southwest side. Otherwise, access to the property is by boat or aircraft.
John Florek, Technical Advisor of the Company and Qualified Person for purposes of National Instrument 43-101 has reviewed the technical information in this news release.
Maps and photos of the Whiskey Jack Project on the Black Raven Property can be reviewed at the company's website (www.strikepointgold.com).
On Behalf of the Board of Directors of Strike Point Gold Inc.
Shawn Khunkhun, President, CEO