Strikepoint GOLD Inc. Appoints New Director from Ascot Resources Ltd.
Suite 507, 837 West Hastings Street Telephone: (604) 602-1440
Vancouver, BC, V6C 3N6 Facsimile: (604) 685-5777 www.strikepointgold.com
STRIKEPOINT GOLD INC. APPOINTS NEW DIRECTOR FROM ASCOT RESOURCES LTD.
Vancouver, B.C. June 3, 2019— StrikePoint Gold Inc. (SKP:TSX.V)(STKXF:OTCQB)
(“StrikePoint” or the “Company”) is pleased to announce that it has appointed Carol Li,
Chief Financial Officer of Ascot Resources Ltd. (TSX.V: AOT, OTCQX:AOTVF) (“Ascot”) to
its Board of Directors. As part of the IDM Mining acquisition, Ascot has now become a
significant shareholder of StrikePoint. Ascot’s CEO Derek White commented “Ascot is
excited to become a large shareholder of StrikePoint and is supportive of the
exploration activities that StrikePoint is planning to undertake in 2019 near Ascot’s
properties in the southern part of the Golden Triangle. I have worked with Ms. Li since
2004, when we first started Quadra mining. I believe her extensive financial experience
will be a valuable addition to the StrikePoint board.”
Ms. Li is a Canadian Chartered Professional Accountant (CPA) with over 20 years of
financial and executive experience. Ms. Li spent eight years at Quadra Mining/Quadra
FNX as Corporate Controller and then five years at its successor KGHM International as
VP, Finance. She was a key member in the leadership team that transitioned the
company from a one mine junior producer to a multi-national company with six
operating mines and three development projects.
The board would also like to thank Susan Neale, former CFO of IDM Mining Ltd., for her
tremendous contributions to the board and wish her success as she steps down from
her post on the board of directors. Susan was a valuable board member and contributor
to StrikePoint’s growth.
Maximizing on Recent Acquisitions
StrikePoint and Ascot have both made significant acquisitions in the Golden Triangle
between March and April of 2019. StrikePoint announced the acquisition of the
Willoughby Project on April 17, 2019, a fully permitted high-grade gold exploration
target, while Ascot completed the acquisition of IDM Mining Ltd., the owner of the Red
Mountain project on March 28, 2019. These acquisitions complement the Company’s
existing advanced stage portfolio and build upon Ascot at Premier and StrikePoint’s
Porter Project.
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.
Suite 507, 837 West Hastings Street Telephone: (604) 602-1440
Vancouver, BC, V6C 3N6 Facsimile: (604) 685-5777 www.strikepointgold.com
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.
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
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.