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SKP.V ·

Strikepoint GOLD Inc. Announces Encouraging Initial Results from Yukon Exploration

Corporate Updates

Suite 507, 837 West Hastings Street Telephone: (604) 602-1440

Vancouver, BC, V6C 3N6 Facsimile: (604) 685-5777 www.strikepointgold.com

STRIKEPOINT GOLD INC. ANNOUNCES ENCOURAGING INITIAL RESULTS FROM YUKON

EXPLORATION

August 9, 2017 - Strikepoint Gold Inc. (SKP:TSX.V)(STKXF:OTCQB) is pleased to report the

encouraging results from surface sampling undertaken in June 2017 at its wholly owned

Mahtin gold property. Rock chip samples from skarn material over an area extending for

900 m returned grades up to 9.20 g/t Au. Additional samples from an area previously

thought to be unmineralized graded up to 2.20 g/t Au. A RAB drill program of six holes

totaling 630m has been completed in this area. Results are pending.

Samples grading up to 293 g/t silver were also returned from an area 1 km to the east of

the drilled area suggesting mineralization extends into the adjacent valley. The results

received to date suggest an area of interest extending over a 2km strike length.

Additional step out sample results are pending. The majority of sul phides observed and

encouraging gold and silver grades are from limestone skarns around the periphery of

the Sprague Creek Stock. Additionally, arsenopyrite bearing quartz veins were sampled

from within the granodiorite stock itself for which results are also pending.

The May-Qu target, 17 kilometers to the southeast of Mahtin North target has also been

mapped and sampled. Initial results from grab sampling have returned assays including

2.22 g/t Au, 2.12g/t Au and 1.74 g/t Au. A RAB drill program of th ree holes totaling

300m has also been completed here.

Further assays are pending from the laboratory for both surface sampling and the initial

drilling. Results will be released when these are finalized.

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 sampl e 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 samples fr om the current field

program using fire assay and ICP Mass Spectroscopy methods.

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.

Suite 507, 837 West Hastings Street Telephone: (604) 602-1440

Vancouver, BC, V6C 3N6 Facsimile: (604) 685-5777 www.strikepointgold.com

For further information, please review the Corporate Presentation on the Strikepoint

Gold Inc. website for a more detailed, comprehensive review of the 2017 exploration

program: http://www.strikepointgold.com/images/Yukon-Properties-Presentation.pdf

ON BEHALF OF THE BOARD of STRIKEPOINT GOLD INC.

Shawn Khunkhun

CEO and Director

For more information, contact:

Shawn Khunkhun

604-602-1440

[email protected]

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.