The following table presents the impact of the restatement on the Company’s previously reported

StrikePoint Gold Inc.

For Immediate Release

Restatement of June 30, 2010 Interim Consolidated Financial Statements Calgary, AB, September 23, 2010 – StrikePoint Gold Inc. (the “Company”) has filed restated June 30, 2010 consolidated financial statements and MD&A to accurately reflect the stock-based compensation for 6,500,000 stock options granted in June 2010 vesting one-third on the grant date and one-third on the first and second anniversaries of the grant date as specified in the option agreements. Such stock-based compensation was previously recognized on the basis of immediate vesting. The restatement reduces the Company’s net loss and comprehensive loss for the three and six months ended June 30, 2010 by $1,382,530.

The following table presents the impact of the restatement on the Company’s previously reported financial statements for the three and six months ended June 30, 2010:

As previously reported Adjustment Restated $ $ $

Consolidated Balance Sheet as at June 30, 2010

Contributed surplus 2,976,579 (1,382,530) 1,594,049 Deficit (16,042,327) 1,382,530 (14,659,797)

Consolidated Statements of Loss, Comprehensive Loss and Deficit Three months ended June 30, 2010

Six months ended June 30, 2010

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 News Release.

FOR FURTHER INFORMATION, PLEASE CONTACT:

StrikePoint Gold Inc.

Courtney Shearer President and Corporate Secretary Tel: (403)532-8276 Fax: (888)255-9404 [email protected]