Strikepoint GOLD Inc. Increases Land Position IN the Golden Triangle and Provides Exploration Update ON Projects
Suite 507, 837 West Hastings Street Telephone: (604) 602-1440
Vancouver, BC, V6C 3N6 Facsimile: (604) 685-5777 www.strikepointgold.com
STRIKEPOINT GOLD INC. INCREASES LAND POSITION IN THE GOLDEN TRIANGLE AND
PROVIDES EXPLORATION UPDATE ON PROJECTS
September 12, 2018 - 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
16th, 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.
Suite 507, 837 West Hastings Street Telephone: (604) 602-1440
Vancouver, BC, V6C 3N6 Facsimile: (604) 685-5777 www.strikepointgold.com
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.
Suite 507, 837 West Hastings Street Telephone: (604) 602-1440
Vancouver, BC, V6C 3N6 Facsimile: (604) 685-5777 www.strikepointgold.com
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
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.