Strikepoint Reports Surface Assays up to 67.3 G/T GOLD and 281 G/T AG at the Willoughby Property
STRIKEPOINT REPORTS SURFACE ASSAYS UP TO 67.3 G/T GOLD AND 281 G/T AG
AT THE WILLOUGHBY PROPERTY
Vancouver, British Columbia — November 7th, 2019 StrikePoint Gold Inc. (“StrikePoint” or the
“Company”) (SKP:TSX.V) (STKXF:OTCQB) is pleased to announce surface results from its mapping and
sampling program at its 100%‐owned Willoughby property, located east of Stewart in British Columbia’s
prolific Golden Triangle.
StrikePoint CEO, Shawn Khunkhun, states “We are extremely encouraged by the high‐grade nature of
samples received from newly exposed areas that are right on the margins of melting ice, demonstrating
the vast potential of the Willoughby property. We eagerly await the pending 40 meters of channel
samples and 6 drill hole assays.”
2019 Willoughby Sampling
The company received assay results from 86 grab samples from the 2019 surface program. Assay results
range from trace to 67.3 g/t Au and trace to 281 g/t Ag. A total of 18 samples assayed over 1.0 g/t
Au.
Samples from the Willoughby nunataq that comprise the North‐North, North, Edge, Wilkie, Wilby, Lower
& Upper Icefall zones range from 0.07 to 67.3 g/t Au and 2 to 281.00 g/t Ag. The thirty‐two samples
were collected along installed via Ferrata routes and areas of ice recession, notable area of
mineralization around the Wilkie zone, returned 67.3 g/t Au and 164 g/t Ag grab sample.
Forty of these samples are from the Willow zone area, where extensive ice recession occurred to the
North. A sampling of the newly exposed ground uncovered massive to semi‐massive pyrite‐pyrrhotite‐
galena in veins and replacement‐style mineralization. Samples range from 0.07 to 16.5 g/t Au and 2 to
136 g/t Ag.
Forty meters of channel sample assays are pending, collected further along and across mineralization
strike in the northern Willow area.
Figure 1: Willoughby project Geochemistry Surface Sample map
Willoughby project
The project is located along the eastern margin of the Cambria Icefield, approximately 7 kilometers east
of the advanced‐staged Red Mountain Gold Deposit that was recently acquired by Ascot Resources from
IDM Mining. Upper Triassic Stuhini rocks and Lower Jurassic Hazelton volcano‐sedimentary rocks
underlay the property, subsequently intruded by an early Jurassic‐aged hornblende‐feldspar porphyry,
like and potentially comagmatic with the Goldslide Intrusive suite at Red Mountain. Intrusive‐related
mineralized zones consist of primary pyrite with lesser pyrrhotite, sphalerite, galena, chalcopyrite,
native gold. Eight gold and silver mineralized zones have been identified to‐date over a one‐kilometer
strike‐length mineralization trend.
QA/QC
Surface samples for the 2019 exploration program were labeled and shipped with a chain of custody
controls to the laboratory. The company implements a rigorous Quality Control/Quality Assurance
program, including the insertion of Standards, Blanks, and duplicate at regular intervals in the sample
stream to monitor laboratory performance.
Drill core samples are submitted to SGS Canada Inc. facility in Burnaby, British Columbia, for preparation
and analysis. The SGS facility is accredited to the ISO/IEC 17025 standard for gold assays, and all
analytical methods include quality control materials at set frequencies with established data acceptance
criteria. The entire sample is crushed, split into representative sub‐sample using a riffle splitter and
subsequently, 250g is pulverized. Analysis for gold is by 30g fire assay fusion with atomic absorption
(AAS) finish with a lower limit of 0.005 ppm and an upper limit of 10 ppm. Samples with gold assays
greater than 10ppm are re‐analyzed using a 30g fire assay fusion with a gravimetric finish. Analysis for
silver is by 30g fire assay fusion with gravimetric finish with a lower limit of 2ppm and upper limit of
100ppm. Samples with silver assays higher than 100ppm are re‐analyzed using a gravimetric silver
concentrate method. All samples are also analyzed using a 33 multi‐elemental geochemical package by
4‐acid digestion (ICP‐AES).
Qualified Person
The Qualified Person for this news release for National Instrument 43‐101 is Marilyne Lacasse, P. Geo,
Project Manager. She has read and approved the scientific and technical information that forms the
basis for the disclosure contained 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 a 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 information contained herein represents
management's best judgment as of the date hereof 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 it's 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