Strikepoint GOLD Expands Surface Exploration Program Including: Trenching and Channel Sampling
STRIKEPOINT GOLD EXPANDS SURFACE EXPLORATION PROGRAM INCLUDING: TRENCHING AND
CHANNEL SAMPLING
Vancouver, British Columbia — Aug 7, 2019 StrikePoint Gold Inc. (“ StrikePoint” or the “Company”)
(SKP:TSX.V)(STKXF:OTCQB) announces that due to encouraging new exposures of sulphide
mineralization and prospective alteration and intrusive rocks, that and expanded surface sample
program of hand-trenching and channel sampling has commenced at its 100%-owned Willoughby gold
Property (“Property’”). Significant m elting of alpine glaciers has occurred since the last significant
exploration program over 20 years ago, particularly on the north and west sides of the Property .
Willoughby is located near Stewart, BC in British Columbia’s prolific Golden Triangle , seven kilometres
east of Ascot Resource’s advanced-stage Red Mountain Gold Project.
StrikePoint is currently drilling the Property; at the time of this release, six holes for 800m completed at
the high -grade North Zone . 194 core samples from the initial two d rill holes have been shipped for
‘rush’ analysis, as well an initial batch of 47 surface samples.
“New exposures of outcrop with strong pyrite and sphalerite mineralization, occurring as disseminated,
stock, replacement and massive sulphide pods and veins is very encouraging to our technical team ,” said
StrikePoint CEO, Shaw n Khunkhun. “ The presence of copper and zinc sulphides correlates with high-
grade precious metal values at the North Zone where we are currently drilling. Expanding our surface
exploration program should allow for a quick turnaround of assays prior to the end of the field season in
the autumn. These areas are located in much gentler terrain than the steep topography where we are
currently drilling.”
Willoughby Project
Gold and silver mineralization at Willoughby are hosted within Jurassic volcanic and sedimentary rocks,
associated with a ‘Goldslide Suite’ intrusive phase, similar to the adjacent Red Mountain Deposit.
The Project occurs along the eastern margin of the Cambria Icefield , approximately seven kilometres
east of the advanced-staged Red Mountain Deposit that was recently acquired by Ascot Resources from
IDM Mining and 20km northeast of Strike Point’s Porter Silver Property . The Willoughby P roperty is
underlain by Upper Triassic Stuhini rocks and Lower Jurassic Hazelton volcanic and sedimentary rocks
that have been intruded by a n early Jurassic-aged hornblende-feldspar porphyry, similar to and
potentially comagmatic with the Goldslide Intrusive suite at Red Mountain. Intrusive-related mineralized
zones consist of primarily pyrite with lesser pyrrhotite, sphalerite, galena, chalcopyrite, native gold and.
Eight gold and silver mineralized zones have been identified to-date over a one-kilometer strike-length
mineralization trend.
QA/QC and Qualified Person
Samples for the 2019 program are collected by experienced geologists and technicians, placed in sealed
bags and shipped to SGS Labs in Burnaby , BC for sample preparation, gold and multi- element ICP
analysis. A Quality Control/Quality Assurance program including the insertion of Standards and Blanks
has been implemented. The 201 9 Exploration Program is performed under the supervision of Marilyne
Lacasse, P.Geo, Qualified Person as defined by National Instrument 43 -101. Ms. Lacasse has prepared
and approved reviewed the technical data in this news release.
About StrikePoint
StrikePoint Gold is a gold exploration company focused on building high grade precious metals resources
in Canada. The company controls two advanced stage exploration assets in BC’s Golden Triangle. The
past producing high grade silver Porter Project and the high -grade gold property Willoughby, which is
adjacent to Red Mountain. The company also owns portfolio of gold properties in the Yukon.
ON BEHALF OF THE BOARD OF DIRECTORS OF
STRIKEPOINT GOLD INC.
“Shawn Khunkhun”
Shawn Khunkhun
Chief Executive Officer and Director
Statements in this release that are forward- looking statements are subject to various risks and
uncertainties concerning the specific factors disclosed under the heading "Risk Factors" and elsewhere in
the Company's filings with Canadian securities regulators. Such inf ormation contained herein represents
management's best judgment as of the date here of based on information currently available. The
Company does not assume any obligation to update any forward-looking statements, save and except as
may be required by applicable securities laws.
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.
For more information, please contact:
StrikePoint Gold Inc.
Shawn Khunkhun, CEO and Director
T: (604) 602-1440
W: www.strikepointgold.com