Category

2015

Dec. 11, 2015
STRIKEPOINT ANNOUNCES APPOINTMENT OF CHIEF FINANCIAL OFFICER

By | 2015, Corporate, News

Vancouver, British Columbia (December 11, 2015) StrikePoint Gold Inc. (the “Company” or “StrikePoint”) (TSX.V:SKP) is pleased to announce the appointment of Mark Gelmon as Chief Financial Officer of the Company.

Mr. Gelmon obtained his Bachelor of Arts degree at the University of British Columbia and subsequently attained his chartered accountant designation in 1995 and is a member of the Institute of Chartered Accountants of B.C. Mr. Gelmon has provided his expertise to several TSX Venture Exchange listed companies in the capacity of director, chief financial officer and consultant. His background as a C.A. provides the Company with the necessary skills required for financial management, reporting operating results to the Board of Directors, liaison with financial institutions, and compliance with today’s complex regulatory reporting requirements.

The Company also announces the resignations of Tyler Friesen as Chief Financial Officer and Arness Cordick as a Director of the Company. StrikePoint would like to extend its gratitude to Messrs. Friesen and Cordick for their services to the Company and wishes the each all the best in future endeavors.

On behalf of the Board of Directors of StrikePoint Gold Inc.

Shawn Khunkhun,
President and CEO
Tel: (604) 602 1440
Email: skhunkhun@strikepointgold.com

For further information regarding StrikePoint Gold, please contact Shawn Khunkhun at the above contact points or investor information at 1(800)321-8564.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Oct. 19, 2015
STRIKEPOINT GOLD INC. AWARDS DRILLING CONTRACT TO ASINIKE DRILLING, LOBSTICK GOLD PROJECT, ONTARIO

By | 2015, Drilling, Lobstick, News

VANCOUVER, BRITISH COLUMBIA–(Marketwired – October 19, 2015) – StrikePoint Gold Inc. (the “Company” or “StrikePoint”) (TSX VENTURE:SKP) previously announced that a new drilling program had begun on their Lobstick Gold Property near Sioux Narrows, Ontario. The property is located in the developing Wabigoon Subprovince of the Superior Province.

Strikepoint Gold has awarded the drilling contract to Asinike Drilling of Naotkamegwanning First Nation. This is a First Nation owned and operated drilling company.

Naotkamegwanning First Nation trained and certified 12 common core diamond drill helpers to help contribute to their business endeavor. Laura Kakeeway, Economic Development Manager stated, “We are very excited to receive the contract and look forward to developing our drilling expertise and provide services to the mineral exploration industry in our traditional territories.”

This collaboration shows Stikepoint’s commitment to working with and helping develop First Nation communities in Ontario.

The underexplored Wabigoon Subprovince is attracting attention, specifically with the development of New Gold’s Rainy River Project.

The company’s website displays several figures related to the project for observation.

Additional information can be viewed at the Company’s website www.strikepointgold.com.

On Behalf of the Board of Directors of Strike Point Gold Inc.

Shawn Khunkhun, President, CEO

Oct. 5, 2015
STRIKEPOINT GOLD INC. BEGINS DRILLING; LOBSTICK GOLD PROJECT, ONTARIO

By | 2015, Drilling, Lobstick, News

VANCOUVER, BRITISH COLUMBIA–(Marketwired – October 5, 2015) – StrikePoint Gold Inc. (the “Company” or “StrikePoint”) (TSX VENTURE:SKP) announces that a new drilling program has begun on their Lobstick Gold Property near Sioux Narrows, Ontario. The property is located in the developing Wabigoon Subprovince of the Superior Province.
The drill is currently turning on site. Hole 1 collared in mineralized rock and is currently at a depth of 60 meters. The focus of the drilling will be to test the mineralized, Lobstick Shear Zone. In total, the company anticipates completing approximately 1,500 meters of diamond drilling.

Previously, Strikepoint developed the concept of a potentially significant gold bearing zone with limited exploration drilling; a shallow historical drillhole encountered 38.95 meters of 0.63 g/t Au. Spatial-correlation parameters between mineralized zones, chemical alteration, structure, and geophysics suggested features associated with other known gold deposits.
Strikepoints geophysical survey on the property was instrumental in defining the geometry of mineralization (Press Release June 24, 2014). The geophysics suggests that historic drilling of these shear zones were not drilled in the best locations for gold-mineralization; and potentially indicate better mineralization below these historic intercepts.

These mineralized shear zones represents a unique untested opportunity in the developing Wabigoon Subprovince. The identified Lobstick Main Shear Zone has never been tested below a 25 meter vertical depth. A significant surface strike length of mineralization exists (≥ 700 meters); determined by recent field observations, historical mapping, geophysics, and drilling.

The underexplored Wabigoon Subprovince is attracting attention, specifically with the development of New Gold’s Rainy River Project.

The company’s website displays several figures related to the project for observation.

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.

Additional information can be viewed at the Company’s website www.strikepointgold.com.

On Behalf of the Board of Directors of StrikePoint Gold Inc.
Shawn Khunkhun, President, CEO

Sept. 9, 2015
STRIKEPOINT GOLD ANNOUNCES RESULTS OF TRENCHING AND METALLURGICAL TESTS FROM THE HIGH-GRADE ANGELINA GOLD PROPERTY

By | 2015, Angelina, Geochemistry, Geophysics, News

Vancouver, British Columbia; September 09, 2015 – StrikePoint Gold Inc. (TSXV: SKP and OTCQX: STKXF) is pleased to announce results from trenching and metallurgical tests from the high grade gold Angelina Property located at the south-eastern end of the Rice Lake Gold Belt in Manitoba.

The Angelina Property consists of the discovery of two high-grade, gold-bearing, quartz veins.  Previously announced grab samples from the veins have returned bonanza-grade gold of up to 199.0 g/t Au and 371 g/t Ag in a project area termed the “Hot Zone.”  This is the focus of ongoing exploration.

The field program consisted of trenching and mapping in the “Hot Zone.”  Trenching continued to expose and expand the strike length of the Vein 1 quartz-vein, which currently has an estimated strike length of +100 meters (see Press Release November 25, 2014).  Both the vein material and wall rock were sampled.  New trenching also discovered additional veins for follow-up exploration with anomalous values.

Assay results along the additional exposures of Vein 1 returned more promising values:

Sample ID Vein 1-Au g/t
S018 5.91
S028 23.0
S030 47.6
S031 10.4
S032 3.4

A 20 kg sample of the gold-bearing quartz vein was sampled and sent to ACT Labs.   This sample was sent to determine and compare the recovery of gold from a sample via flotation and gravity tests. The Gravity Recoverable Gold (GRG) Test determines the amenability of the gold in the ore to gravity recovery and provides an estimate of the amount of gold that could potentially be recovered by a Knelson Concentrator. Flotation uses collectors, depressants, and frothers to selectively float sulfide minerals and produce a sulfide concentrate containing gold.

The results demonstrated that a combination gravity concentration and flotation circuit should provide recoveries in excess of 80%.  However, in both recovery and grade, the flotation test produced better results, which indicated gold recovery is more amenable via a flotation circuit.

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.
Additional information can be viewed at the Company’s website www.stikepointgold.com.

On Behalf of the Board of Directors of Strike Point Gold Inc.

Shawn Khunkhun, President, CEO

July 9, 2015
STRIKEPOINT GOLD IDENTIFIES ADDITIONAL GOLD POTENTIAL ON THEIR BLACK RAVEN’S, WHISKEY JACK PROJECT IN THE HEMLO DISTRICT, ONTARIO

By | 2015, Geochemistry, News

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

July 7, 2015
STRIKEPOINT GOLD RETAINS 100% INTEREST IN THE HIGH-GRADE, GOLD ANGELINA PROPERTY.

By | 2015, Angelina, Geochemistry, News

Vancouver, British Columbia; July 07, 2015 – Strikepoint Gold Inc. (TSXV: SKP and OTCQX: STKXF) announces that option partner, JOVG Global Mineral Enterprises, a private company based in Winnipeg, Manitoba, has relinquished it’s option on the Angelina Property located at the south-eastern end of the Rice Lake Gold Belt in Manitoba.

The Angelina Property consists of the discovery of two high-grade, auriferous, quartz veins. Previously announced grab samples from the veins have returned bonanza-grade gold of up to 199.0 g/t Au and 371 g/t Ag.

On Behalf of the Board of Directors of Strike Point Gold Inc.

Shawn Khunkhun, President, CEO

Feb. 19, 2015
STRIKEPOINT GOLD INC ACQUIRES BLACK RAVEN PROPERTY, HEMLO DISTRICT ONTARIO

By | 2015, Corporate, News

VANCOUVER, BRITISH COLUMBIA—(Marketwired – February 19, 2015) – StrikePoint Gold Inc. (the “Company” or “StrikePoint”) (TSX VENTURE:SKP) is pleased to announce it has entered into an Assignment and Assumption Agreement (the “Assignment Agreement”) with Entourage Metals Ltd. (“Entourage”) whereby Entourage has assigned all of its rights under an existing option agreement dated February 28, 2011, as amended on February 26, 2013 and as further amended on February 28, 2014 (the “Option Agreement”) to acquire a 100% interest in and to the Black Raven Property, located in NW Ontario to StrikePoint.

As consideration for the Assignment Agreement, StrikePoint will issue, on closing, 1,000,000 common shares to Entourage. In order for StrikePoint to earn an undivided 100% interest in the Black Raven Property, StrikePoint will be required to issue 100,000 common shares and pay $25,000 to the vendor on or before February 28, 2015 and 100,000 common shares and pay $25,000 to the vendor on or before February 28, 2016. In addition, a further 500,000 common shares is required to be issued to the vendor within 15 business days following the completion and filing of a NI 43-101 compliant resource of at least 500,000 ounces Au or the equivalent in situ value of Cu, Pb, Zn, Ag or other precious metals.

Located within the Hemlo Greenstone Belt, the large 68 km2 Black Raven Property hosts multiple high-grade gold occurrences. Drill results from Entourage Metals initial drilling program, focused on the Super G prospect, which is a gold bearing quartz-breccia vein within a shear zone in mafic volcanic.

Intercepts from this initial drill program may be the highest grade found outside of the Hemlo Mines, in the Hemlo Greenstone Belt since 1981. BR11-01 returned 0.3 meters of 128.0 g/t Au, at a down dip depth of 40 metres. The discovery hole, BR11-04 returned results of 2.38 meters of 44.57 g/t Au (which includes 0.95 meters of 107 g/t Au), 110 meters down-dip from BR11-01. Currently the structure is open along strike and has been traced out over 400 meters from this initial drilling. This shear zone-hosted intercept is similar in style to other high-grade gold-bearing veins that have been mined in other Archean lode-gold deposits. The results of this initial drilling can be viewed on the company’s website.

StrikePoint Gold’s priority is to continue to delineate the emerging geometry of this high-grade breccia vein and other subparallel gold-bearing veins (termed the Super G prospect). The thickness of the breccias vein is increasing with depth (below 100 m vertical) as exhibited by BR11-04 intercept (2.38 meters of 44.57 g/t Au). Most of our enthusiasm and excitement on this project is just beginning as we anticipate drilling below BR11-04.

The Black Raven Property is located in Northwestern Ontario, 220 km east-northeast of the City of Thunder Bay, 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. Maps and photos of the Black Raven Property can be reviewed at www.strikepointgold.com.

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.

This transaction is subject to TSX Venture Exchange approval.

On Behalf of the Board of Directors of Strike Point Gold Inc.

Shawn Khunkhun,
President and CEO
Tel: (604) 602 1440
Email: skhunkhun@strikepointgold.com

For further information regarding StrikePoint Gold, please contact Shawn Khunkhun at the above contact points or investor information at 1(800)321-8564.

Neither the TSX Venture Exchange nor its regulation services provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

Feb. 17, 2015
STRIKEPOINT GOLD APPOINTS DIRECTOR, VP OF BUSINESS DEVELOPEMENT DARRYL JONES

By | 2015, Corporate, News

VANCOUVER, BRITISH COLUMBIA–(Marketwired -02/17/15)- Strikepoint Gold Inc. (TSX-V:SKP.V – News) is pleased to announce the appointment of Mr. Darryl Jones as Director Vice President, Business Development of the Company.

Mr. Jones has over 12 years of capital market experience and an established financial network. Prior to joining Strikepoint in 2015, Mr. Jones was an Investment advisor with PI Financial Corp Canada and Raymond James Ltd Canada. He was responsible for raising significant risk capital for growth companies in all sectors, with a particular focus on natural resources.

Strikepoint has granted five year incentive stock options to purchase an aggregate of 1,000,000 common shares at a price of $.07 per share. The options will be subject to certain vesting requirements.