News

StrikePoint Gold Inc. (SKP:TSX.V)(STKXF:OTCQB) is pleased to provide results for the 2018 drilling campaign at their Porter Project in Stewart, northwestern British Columbia:

• 4,304 meters of diamond drilling from surface completed on site in 2018, focusing on the Porter and Silverado historical mines.
• Hole PIP18-010 intersected 5 meters silver at 819 grams per tonne between 68 meters to 73 meters depth along the D-Vein at Porter.
• Other highlights include 1 meter at 2,241 grams per tonne silver in PIP18-012 along the Blind Vein and 2 meters at 637 grams per tonne silver.
• PIP18-014 intersected 0.5 meters at 2,506 grams per tonne which appears to be a previously untested lower continuation of the D-Vein.
• Intercepts along the Blind Vein are significant as this structure was not included in the 2012 resource calculation, yet it lies between the D- and Prosperity Veins (both used in the historical resource).
• Drilling has upheld the grades used in the historical resource calculation and give further confidence in the 13-million-ounce silver reserve numbers.
• For the first time in the history of exploration at this site, entire lengths of core have been assayed and as such has demonstrated extensive lower grade mineralization in smaller, sympathetic structures paralleling the main veins.
• Drilling has highlighted mineralization along other structures outside of the historical resource area and decreased the ‘gap’ between the Porter and Silverado mines, showing potential for continuity under the peak of Mount Rainey.

Targeted Drilling Program

Drilling commenced at the Porter Project on August 16^th, 2018 and concluded on September 22^nd, 2018. A total of 4,304 meters of diamond core was retrieved using two rigs, with one focused on Porter (southern flank of Mount Rainey) and the second testing the northern Silverado veins. Twenty-five holes were completed during the campaign, with 22 from Porter and 3 at Silverado.

Drilling had four primary objectives to test the viability of the Porter project:

• To test the grades encountered historically and therefore used in the 2012 resource calculation (specifically the D-Vein and Prosperity Vein)
• Test for mineralization at depth along several undrilled veins on the Porter side of Mount Rainey (Blind, Wake and Angelo Veins)
• Completion of holes to explore the possible extension of the Silverado Veins and their relationship to the system at Porter, 2-kilometers away.
• To collect geological information in order to start building a geological model of the mountain and the mineralized systems

It is felt that each of these objectives was satisfactorily met by the 2018 drilling campaign.

2018 Results

The following table highlights results from each hole drilled in 2018, including the target and the relation to the historical resource estimate. All intervals greater than 30 grams per tonne silver and over 0.5 meters in width are reported.

Discussion of Results

The results have reinforced the grades used in the 2012 resource calculation and so lend confidence to the overall resource. The 5-meter intercept of 819 grams per tonne silver along the D-Vein is inline with historical numbers and well above the 170 grams per tonne cut off grade used in the calculations. It also highlights that ore remains in the ground despite the historic mining activity on site.

No significant results were returned from the one drill hole at Prosperity apparently due to the angle of the hole not being steep enough to intercept the vein.

The Blind Vein lies between the D- and Prosperity Veins and had a total of seven drill holes targeted along sections in 2018. Each of these holes demonstrated mineralization, with only one (PIP18-015) having grades under 30 grams per tonne silver (and therefore reporting as ‘no significant intervals’). The Blind Vein was historically mined but was one of the last to be developed on the site, and so was not as exploited as the other two major veins on site.

The two other historically recognized veins (Wake, Angelo) at Porter also demonstrated mineralization although the veins intercepted were less coherent producing more disseminated, localized pockets of mineralization along a general trend. Such styles of mineralization are also noted along the major veins, so it is possible that richer sections remain at depth and are yet to be drilled.

At Silverado, several intercepts have proven the extension of the discrete vein systems although the grades were lower than anticipated. The nature of the Porter-Silverado system seems to show veins pinching and swelling with grades fluctuating along them, so mineralization of any level along the structure is very encouraging. Intercepts at Silverado are also stepped back around 150 meters from the furthest extents of the old workings, and so does show some continuity that could connect the Porter and Silverado systems.

Overall, the results show that silver mineralization is present throughout the project area and in a wider range of grades and ore bodies than previously thought.

Revising a Geological Model

Data collected from the drilling and surface mapping completed in 2018 is now being incorporated with decades of historical information and built into a three-dimensional geological model.

While this is still in the early phases, it is already showing that the original concept of five steeping dipping veins is oversimplified, and that several other geological mechanisms are at play that also form trap sites for mineralization.

Perhaps the most interesting concept currently is that the main D-Vein is part of a synclinal ‘bowl shape’ fold that encapsulates the Blind and Prosperity Veins. This structure would account for the historical veins encountered in the “H” and “I” Tunnels, and the newly discovered ‘Flat Vein / Honest John Vein” to the west of the historic Porter system. It also places the more disseminated Wake and Angelo veins on the outside of this structure and could explain the variation we see in structure and mineralogy.

The concept of mineralized ‘bowl shaped’ features is not unprecedented in the area, with the nearby Premier Mine (Ascot Resources) having a similar shaped structure hosting their main high-grade (gold) targets.

Work on the geological model is ongoing and is subject to change as more information is added to the dataset.

About the Golden Triangle

The Golden Triangle is an area of northwestern British Columbia that has seen extensive historic mining and prospecting activity, and has recently been the site of modern discoveries, including the Premier Gold, Snip and Eskay Creek Mines. The area has seen a resurgence in infrastructure investment which supports exploration activities, including upgraded transmission lines supplying clean, affordable and reliable hydroelectric power. Other recent improvements include highway upgrades, new ocean port infrastructure at the ice-free port of Stewart and the commissioning of three hydroelectric facilities.

StrikePoint Gold is a well-financed gold exploration and development company. The company controls a portfolio of gold properties in the Yukon and throughout Canada.

QA/QC

The Company maintains a rigorous QA/QC program with respect to the preparation, shipping, analysis and checking of all samples and data from the properties. Quality control for field sampling and drill samples at the Company’s projects covers the complete chain of custody of samples, including sample handling procedures and analytical-related work, plus the insertion of standard and blank materials. The QA/QC program also includes data verification procedures. ALS Laboratories in Vancouver, Canada (ISO 17025:2005 accreditation) assayed all grab samples from the current field program using fire assay and ICP Mass Spectroscopy methods. Drill samples were processed by Bureau Veritas Labs in Vancouver, Canada (ISO9001:2008 accreditation).

The technical information contained in this news release has been approved by Andy Randell, P. Geo., Vice President, Exploration of StrikePoint Gold.  Mr. Randell is a qualified person as defined in NI 43-101.

For further information please visit our website: www.strikepointgold.com

ON BEHALF OF THE BOARD of STRIKEPOINT GOLD INC.

Shawn Khunkhun, CEO and Director

For more information, contact:

Shawn Khunkhun

604-602-1440

sk@strikepointgold.com

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.

StrikePoint Gold Inc. (SKP:TSX.V)(STKXF:OTCQB) is pleased to provide an update and summary for its Yukon assets on work completed in 2018.

Field operations were focused on the Golden-Oly and PDM targets along the North Canol Road in eastern Yukon about 300 kilometers northeast of Whitehorse.

Golden-Oly Highlights

• Twenty-two grab samples from the 600-meter long Helios Vein, a 0.3 to 5 m wide polymetallic quartz vein, returned grades from 1 to 3.75 g.t Au, trace to 1,150 g.t Ag and one sample at 2.94% Cu
• Diamond drilling at Colossus, with three holes completed totaling 682 meters. The original program included a fence of nine holes across the intrusion to text mineralization across the margins and within the granodioritic body itself but was cut short due to administrative delays in permitting from Yukon government.

PDM Highlights

• 96 grab samples from the Babylon polymetallic sheeted quartz veins, returned grades from trace to 3.34 g/t gold, trace to 94.5 g/t silver and trace to 2.67 % copper.

CEO Comment

Shawn Khunkhun, CEO, says, “Our work in the Yukon during the last two field seasons has identified several occurrences of these mineralized sheeted vein systems on intrusive margins. They carry elevated gold, silver and copper grades.  But we’ve only scratched the surface and were disappointed that we could not complete our planned 2018 drilling campaign. The potential of this style of deposit remains to be defined, but the opportunity has been proven.”

The Helios Vein and Other Polymetallic Discoveries

The Helios Vein is a new discovery (originally reported on September 6^th, 2018) on the western edge of the Colossus Target, which has so far been traced for 600 meters along a roughly north-south strike. The polymetallic vein is composed of quartz-arsenopyrite infilling factures that have formed in the carapace of the Colossus granodiorite intrusion.

A total of twenty-two samples were collected from the vein, with grades ranging from 1.005 to 37.5 grams per tonne gold and trace to 1150 grams per tonne silver. The highest grade silver sample also returned a value of 2.94% copper, although this is seen as being anomalous. Helios is a series of parallel sheeted polymetallic quartz veins that hosts massive sulfides and sulfosalts, including pyrite and arsenopyrite, with a collective vein width at surface ranging from thirty centimeters to five meters.

The Zeus target is a ‘sister’ intrusion that lies approximately 7-kilometers to the south of Colossus and represents another of the “Seven Wonders” targets. This intrusion is partially exposed, and our prospecting team has discovered quartz-vein material like that seen in the Helios Vein. To date a 60-meter strike length has been observed, with grab sample assays returned from 1.355 to 4.06 grams per tonne gold and from trace to 43.6 grams per tonne silver.

Drilling the Colossus Target

A diamond drill program was conducted at the Colossus target between 1^st July 2018 and 10^th July 2018. Three holes were completed to a total of 682m, although the original drill program was more expansive but cut short due to permitting delays imposed by Yukon.

Drilling started in the metasedimentary country rock to the west of the intrusion to test for polymetallic sheeted veins at depth before passing into the intrusion itself. Results from the drilling provided multiple sub-gram per tonne hits for gold within broad envelopes of arsenic-enriched sediments, typical of these systems. Highlights from the drilling are shown in the table below:

Although these results exhibit sparse gold grades, these initial holes were a significant step out from the intrusion and on the margins of expected mineralization. The types of veins observed, and the presence of elevated arsenic and bismuth are typical signatures of intrusion related gold systems.

Due to permitting restrictions at the time, additional holes that would have intersected the Helios Vein and passed into the intrusion itself were not drilled this season.

The Babylon Target

The Babylon target lies within the PDM property and forms the western end of the Seven Wonders Trend. Like the other targets within the Golden-Oly property, Babylon is a large intrusion with mineralized sheeted veins around the periphery, dominated by gold and copper minerals.

Additional surface work was completed in 2018 to expand on the results from 2017. A total of 96 surface samples were collected during the season, with results from trace to 3.39g/t gold, trace to 94.5g/t silver and trace to 2.67% copper.

The combined 2017 and 2018 results highlight a strong copper-gold anomaly that is 500 meters by 500 meters in size, accompanied by intermittently mineralized veins projecting several kilometers out into the country rock.

Permitting Update and Future Work

Work has continued through 2018 to bring value to the Yukon portfolio, and in October Strikepoint was awarded Class 3 exploration permits for the Golden-Oly / PDM properties. In November, an additional Class 3 permit was awarded for the Pluto property in the Kluane area (although no work was undertaken on that property in 2018). Along with Mahtin in the Mayo-region, all major exploration targets within the Yukon portfolio now hold five-year exploration permits for work.

These permits will allow for additional drilling across all target areas, including completion of the test fence at Colossus and initial holes at PDM.

QA/QC

The Company maintains a rigorous QA/QC program with respect to the preparation, shipping, analysis and checking of all samples and data from the properties. Quality control for field sampling and drill samples at the Company’s projects covers the complete chain of custody of samples, including sample handling procedures and analytical-related work, plus the insertion of standard and blank materials. The QA/QC program also includes data verification procedures. ALS Laboratories in Vancouver, Canada (ISO 17025:2005 accreditation) assayed all grab samples from the current field program using fire assay and ICP Mass Spectroscopy methods. Drill samples were processed by SGS Labs in Burnaby, Canada (ISO9001:2008 accreditation).

About StrikePoint Gold

StrikePoint Gold is a well-financed gold exploration and development company. The company controls a portfolio of gold properties in the Yukon and has a flagship silver property in the Golden Triangle in British Columbia.

The technical information contained in this news release has been approved by Andy Randell, P. Geo., Vice President, Exploration of StrikePoint Gold.  Mr. Randell is a qualified person as defined in NI 43-101.

For further information please visit our website: www.strikepointgold.com

ON BEHALF OF THE BOARD of STRIKEPOINT GOLD INC.

Shawn Khunkhun
CEO and Director

For more information, contact:

Shawn Khunkhun

604-602-1440

sk@strikepointgold.com

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.

StrikePoint Gold Inc. (SKP:TSX.V)(STKXF:OTCQB) is pleased to announce the first round of surface sample results from the Porter Project near Stewart, British Columbia.

These initial assays are encouraging and represent new discoveries of veins and other mineralized features from outside of the historic resource area and support targeting of the two diamond drill rigs currently operating on the project.

This is the first round of 192 sample assays returned from the 2018 exploration campaign. Samples ranged from trace to 44,546 grams per tonne silver, trace to 16.9 grams per tonne gold and trace to 3.57% copper. This includes samples collected for general geochemical profiling as well as mineralized samples as Strikepoint continues to build its understanding of this deposit and the geology.

All samples in this release were collected from the Porter, Silverado and Handsome Jack targets. At the date of this release, a total of 413 surface samples have been collected across the entire property, and field sampling remains ongoing while good ground conditions prevail. Further results are pending.

Sample X958002 – 44,546 grams per tonne silver (Silverado)

This sample was found in one of the gullies above the historic Silverado mine portals and is assumed to have come from an area where ice has retreated in recent years. Although this was a float sample (i.e. not from outcrop), this galena-rich quartz-vein specimen was collected where the topography consists of narrow, steep-sided gullies and so is assumed to have originated from a local vein on the escarpments.

Along with silver-bearing galena, this sample also hosted chalcopyrite which resulted in a copper value of 3.57%. This is consistent with field observations where the presence of copper minerals associate with higher-grade silver. In addition, this sample also returned 3.25 grams per tonne gold.

Sample X957727 – 25,981 grams per tonne silver (Porter)

Sample X957727 was retrieved from a new vein discovered 200-meters west of the historic Porter mines, in a possible extension of the ‘Honest John’ vein. The sample is from a galena-rich quartz vein up to 40 centimeters thick and would have been until relatively recently obscured by late-lying snow cover.

An additional seven samples were collected along a 100-meter strike length of this vein returning assays ranging from 203 grams per tonne to 1,390 grams per tonne silver. Other assays from a systematic sampling program are pending.

Sample X956011 – 1,330 grams per tonne silver and 16.9 grams per tonne gold (Silver Key)

This sample represents a significant step out from the historical Porter mine workings, occurring 800-meters west of the nearest portal. The “Silver Key” vein (named after the underlying Crown Grant Claim) is a new discovery and would have previously been obscured by the glacier. It appears that it could be a westerly continuation of the vein sample X957727 was collected from, and field investigation is ongoing.

The presence of gold in the sample is in line with a general trend whereby the galena-rich silver veins seem to be passing into more arsenopyrite-rich gold veins to the west of the historical workings.

Sample X958358 – 9,500 grams per tonne silver (Big Rig Vein)

Sample X958358 was collected in a gossanous zone to the south of the present camp location and returned 9,500 grams per tonne silver as well as 2.6 grams per tonne gold.

This new zone lies to the south of the “Big Rig Fault”, a structure that in previous reports was assumed to cut off the silver mineralization and so formed the southerly extent of the historic workings and resource. The discovery of this sample shows that there is potential for the veins to have been offset by the fault and continue further south into the valley.

Quartz veins up to 20 centimeters across are found within a gossanous zone up to 5 meters wide. Anastomizing veinlets or arsenopyrite up to 0.5cm across are found within the quartz and are thought to host the gold.

Sample X956556 – 8,900 grams per tonne silver (Handsome Jack)

This sample was from a newly discovered group of parallel veins on the Handsome Jack property, which was acquired from Trifecta Gold by Strikepoint Gold on 24^th August 2018.

These veins are to the east of the Angelo Vein, the outermost veins included in the historic resource. They are comprised of swarms of smaller veins up to twenty centimeters wide within a five-meter zone and would have been overlooked by the original miners working the Porter Mines. These veins represent a new style of mineralization that could add bulk to a new resource, but also help to strengthen the idea that veins are not restricted to the original Porter project and continue to propagate to the east (and west).

The “Lithological Cap” and other Geology

Previous explanations of the geology of the Porter and Silverado mines are being found to be oversimplified and the geological team has spent significant time mapping and sampling across the entire project area.

One feature is an apparent silicified cap that forms the peak of Mount Rainey. This cap rests on top of a ‘scoop shaped’ fault like those seen at Ascots “Premier Mine”, located seventeen kilometers to the north west. The emplacement of this lithological unit appears to prevent veins from reaching the surface which helps explain the lack of mineralization at the peak. Instead, the mineralizing fluids have the potential to track parallel to these faults forming ‘flat veins’ noted in the historical resource. This strengthens the idea that mineralized veins could be continuous between Porter and Silverado and are just masked by this geological phenomenon.

Other significant structures have also been observed and are being studied for their potential as mineral hosts, including veins hosted in fold hinge fractures, ‘reefs’ of fluids pooling against impervious layers and extensional vein sets.

About the Golden Triangle

The Golden Triangle is an area of northwestern British Columbia that has seen extensive historic mining and prospecting activity, and has recently been the site of modern discoveries, including the Premier Gold, Snip and Eskay Creek Mines. The area has seen a resurgence in infrastructure investment which supports exploration activities, including upgraded transmission lines supplying clean, affordable and reliable hydroelectric power. Other recent improvements include highway upgrades, new ocean port infrastructure at the ice-free port of Stewart and the commissioning of three hydroelectric facilities.

StrikePoint Gold is a well-financed gold exploration and development company. The company controls a portfolio of gold properties in the Yukon and throughout Canada.

QA/QC

The Company maintains a rigorous QA/QC program with respect to the preparation, shipping, analysis and checking of all samples and data from the properties. Quality control for field sampling and drill samples at the Company’s projects covers the complete chain of custody of samples, including sample handling procedures and analytical-related work, plus the insertion of standard and blank materials. The QA/QC program also includes data verification procedures. ALS Laboratories in Vancouver, Canada (ISO 17025:2005 accreditation) assayed all grab samples from the current field program using fire assay and ICP Mass Spectroscopy methods. Drill samples were processed by Bureau Veritas Labs in Vancouver, Canada (ISO9001:2008 accreditation).

The technical information contained in this news release has been approved by Andy Randell, P. Geo., Vice President, Exploration of StrikePoint Gold.  Mr. Randell is a qualified person as defined in NI 43-101.

For further information please visit our website: www.strikepointgold.com

ON BEHALF OF THE BOARD of STRIKEPOINT GOLD INC.

Shawn Khunkhun
CEO and Director

For more information, contact:

Shawn Khunkhun

604-602-1440

sk@strikepointgold.com

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.

StrikePoint Gold Inc. (SKP:TSX.V)(STKXF:OTCQB) is pleased to announce that it has mobilized a second diamond drill rig to their Porter Project near Stewart, British Columbia.

Targeting the Silverado Veins

Diamond drilling at the Porter Project has been focused on gathering information from the historic resource area and stepping out on the eastern flank of Mount Rainey. This drilling is in the vicinity of the former Prosperity – Porter Idaho underground mine. The historic Silverado veins are found two kilometers away on the western side of the mountain at the former Silverado underground mine and like Porter were worked historically through to the 1920’s.

Surface sampling in the 1980’s by Teck highlighted four main veins in the Silverado system with noted results of 1,875 grams per tonne from one of these veins. Work by Strikepoint this summer has identified possible structural extensions revealed as the Silverado Glacier has retreated.

The plan includes the drilling of at least three diamond drill holes at Silverado to a total depth of 1,500m to gather vital subsurface information and intersections with vein extensions. It is hypothesized that the Silverado Veins are an extension of the Porter system, but their connection has been hidden by ice cover on the top of Mount Rainey. The Silverado veins were not included in the existing historical resource.

Drilling Update

Thirteen drill holes has been completed on the Porter Property as at September 8^th, 2018, with a total meterage of 1,920 meters. These all represent exploration holes in and around the historic resource in the Porter project, including the D-Vein. Other holes have explored the connection between the Angelo and Melvin veins as well as extensions to the west of the Blind, Flat and Prosperity vein systems. Assay results from the 2018 drill campaign are still pending.

About the Golden Triangle

The Golden Triangle is an area of northwestern British Columbia that has seen extensive historic mining and prospecting activity, and has recently been the site of modern discoveries, including the Premier Gold, Snip and Eskay Creek Mines. The area has seen a resurgence in infrastructure investment which supports exploration activities, including upgraded transmission lines supplying clean, affordable and reliable hydroelectric power. Other recent improvements include highway upgrades, new ocean port infrastructure at the ice-free port of Stewart and the commissioning of three hydroelectric facilities.

StrikePoint Gold is a well-financed gold exploration and development company. The company controls a portfolio of gold properties in the Yukon and throughout Canada.

The technical information contained in this news release has been approved by Andy Randell, P. Geo., Vice President, Exploration of StrikePoint Gold.  Mr. Randell is a qualified person as defined in NI 43-101.

For further information please visit our website: www.strikepointgold.com

ON BEHALF OF THE BOARD of STRIKEPOINT GOLD INC.

Shawn Khunkhun
CEO and Director

For more information, contact:

Shawn Khunkhun

604-602-1440

sk@strikepointgold.com

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.

StrikePoint Gold Inc. (SKP:TSX.V)(STKXF:OTCQB) is pleased to announce that it has increased its land position by acquiring the Big, Bada and Boom Properties adjacent to its Porter Idaho Project near Stewart, British Columbia. This is in addition to the acquisition of the Handsome Jack property from Trifecta Gold on August 16^th, 2018.

The Big, Bada and Boom Properties

This collection of property represents an area of newly staked ground to the east and contiguous to the Porter Idaho and Handsome Jack properties. These new blocks of claims total 20.5 square kilometers and bring the entire property to 33 square kilometers.

The additional ground secures StrikePoint’s exploration potential in the area, including straddling what is locally known as “The Red Line”. This is a geological contact between Triassic and Jurassic aged rocks which is a key marker for copper and gold mineralization, and most of the deposits within the “Golden Triangle” area are found within 2 kilometers of this contact zone. This increases the commodity potential within the property portfolio in British Columbia from silver to include a potential for gold and copper discoveries.

Acquiring this additional property also gives Strikepoint access to all the major exposures of rocks around the periphery of this section of the Cambria Icefield. Ice cover in this area has reduced by 30 to 40 percent since the 1980’s, and so many of these exposures have never been prospected. Geologists are currently on site and are positioned to explore these new areas of ground during the 2018 field season.

Exploration Update

Exploration activities are progressing with earnest on the Porter Idaho project. The exploration camp is well established, and all facilities have been installed and passed a Mining Inspector visitation. Geological teams have collected over 300 surface samples to date which are currently being analyzed by the assaying labs, the first results being expected imminently. Samples have been collected from the Porter-Prosperity, Silverado and Handsome Jack properties, and will now be expanded to include the Boom property.

Diamond drilling is also progressing, and to date around 60% of original planned holes have been completed (1,350 meters completed of 2,150 meters planned). Strikepoint is currently looking at options to expand this program to capitalize on the remaining field season.

About the Golden Triangle

The Golden Triangle is an area of northwestern British Columbia that has seen extensive historic mining and prospecting activity, and has recently been the site of modern discoveries, including the Premier Gold, Snip and Eskay Creek Mines. The area has seen a resurgence in infrastructure investment which supports exploration activities, including upgraded transmission lines supplying clean, affordable and reliable hydroelectric power. Other recent improvements include highway upgrades, new ocean port infrastructure at the ice-free port of Stewart and the commissioning of three hydroelectric facilities.

StrikePoint Gold is a well-financed gold exploration and development company. The company controls a portfolio of gold properties in the Yukon and throughout Canada.

The technical information contained in this news release has been approved by Andy Randell, P. Geo., Vice President, Exploration of StrikePoint Gold.  Mr. Randell is a qualified person as defined in NI 43-101.

For further information please visit our website: www.strikepointgold.com

ON BEHALF OF THE BOARD of STRIKEPOINT GOLD INC.

Shawn Khunkhun
CEO and Director

For more information, contact:

Shawn Khunkhun

604-602-1440

sk@strikepointgold.com

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.

StrikePoint Gold Inc. (SKP:TSX.V)(STKXF:OTCQB) is pleased to announce the discovery of a new high-grade gold and silver vein system at their Colossus target on the Golden-Oly Project, Yukon Territory.

The Helios Vein

The Helios Vein is a new discovery on the western edge of the Colossus Target, which has so far been traced for 600 meters along a roughly north-south strike. The polymetallic vein is composed of quartz-arsenopyrite infilling factures that have formed in the carapace of the Colossus granodiorite intrusion.

A total of twenty-two samples were collected from the vein, with grades ranging from 1.005 to 37.5 grams per tonne gold and trace to 1150 grams per tonne silver. The highest grade silver sample also returned a value of 2.94% copper, although this is seen as being anomalous. Helios is a series of parallel sheeted polymetallic quartz veins that hosts massive sulfides and sulfosalts, including pyrite and arsenopyrite, with a collective vein width at surface ranging from thirty centimeters to five meters.

These types of high-grade polymetallic veins form in the contact zone between the intrusive and country rock contact. The mudstone surrounding the intrusion provides carbon to the mineral-rich hydrothermal fluids which results in a redox reaction and triggers the sulphide formation, which in turn traps the gold and silver. The vein occupies arcuate fracture systems the parallel the intrusions, and so it is possible that additional veins exist around the intrusion.

Drilling at Colossus targeted the carapace of the intrusive body to see if mineralization persists at depth. The first results are expected in September.

The Zeus Target

The Zeus target is a ‘sister’ intrusion that lies approximately 7-kilometers to the south of Colossus and represents another of the “Seven Wonders” targets. This intrusion is partially exposed, and our prospecting team has discovered quartz-vein material like that seen in the Helios Vein. To date a 60-meter strike length has been observed, with grab sample assays returned from 1.355 to 4.06 grams per tonne gold and from trace to 43.6 grams per tonne silver.

The field team will continue to work on this new prospect, as well as others in the Seven Wonders Trend, to collect more data. Similar mineralization and grade in veins to date do help to firm up the notion that at least two of the Seven Wonders targets (Colossus and Zeus) are geologically similar.

The Seven Wonders

This collection of three properties, now collectively termed the “Seven Wonders” exhibited high levels of exploration potential during the 2017 season. The core of the 78-km long trend contains seven buried or partially exhumed intrusions that appear to be copper-rich in the west and becoming more gold-dominated in the east.

Highlights from the 2017 program include:

• Surface grab samples at PDM returned grades of up to 9.8g/t gold, 2.8% copper and 245g/t silver in 2017.
• Samples collected from an area of sheeted veins within intrusive material with visible copper mineralization, including native copper.
• Historical samples up to 19g/t gold occur about 2 kilometers northeast of the Babylon intrusive along an untested gossanous ridgeline.
• The Colossus target on the Golden-Oly property returned assays up to 10.65g/t gold, 364g/t silver and 0.52% copper.
• Airborne geophysics shows seven of these buried intrusions along a west-southwest to east-northeast bearing.

About StrikePoint Gold

 StrikePoint Gold is a well-financed gold exploration and development company. The company controls a portfolio of gold properties in the Yukon and throughout Canada.

The technical information contained in this news release has been approved by Andy Randell, P. Geo., Vice President, Exploration of StrikePoint Gold.  Mr. Randell is a qualified person as defined in NI 43-101.

For further information please visit our website: www.strikepointgold.com

ON BEHALF OF THE BOARD of STRIKEPOINT GOLD INC.

Shawn Khunkhun
CEO and Director

For more information, contact:

Shawn Khunkhun

604-602-1440

sk@strikepointgold.com

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.