StrikePoint Resumes Trading After Completion of Acquisition of Northumberland Gold Project, Emerging as a Tier-One Gold Explorer in Nevada's Walker Lane
Key Highlights
- ➤Northumberland acquisition from Newmont completed; StrikePoint trading resumed
- ➤Northumberland hosts 2.86 Moz indicated and 1.57 Moz inferred AuEq resources
- ➤StrikePoint holds approximately C$90M working capital after closing and related costs
- ➤Drilling expected within a month to expand and infill Northumberland’s resource
- ➤Northumberland resource lies on private land with five drill permits in place
Expert Statements
Michael G. Allen, President and CEO of StrikePoint Gold
“Northumberland represents a transformational acquisition for StrikePoint. While the current resource is significant, I am particularly excited by the exploration potential seen to date. We anticipate commencing drilling within a month with the goal of expanding and infilling the existing mineral resource. In addition, new untested targets are emerging and may be drilled in 2027. I would like to thank all the talented individuals that helped with the effort to acquire the Northumberland Gold Project and I look forward to the first exploration efforts on the Project in over 15 years.”
Vancouver, British Columbia--(Newsfile Corp. - October 8, 2026) - StrikePoint Gold Inc. (TSXV: SKP) (OTCQB: STKXF) ("StrikePoint" or the "Company") is pleased to announce that it has completed its previously announced acquisition (the "Transaction") of the Northumberland Gold Project ("Northumberland" or the "Project") located in Nevada's Walker Lane, from subsidiaries of Newmont Corporation ("Newmont") (NYSE: NEM). Trading has resumed following closing of the Transaction and will reflect the consolidation, announced on September 29, 2026.
StrikePoint Gold Highlights: * The Northumberland Gold Project hosts an independent mineral resource estimate ("MRE") of 2.86 million oz ("Moz") of gold equivalent ("AuEq") in the indicated category and 1.57 Moz of AuEq* in the inferred category contained within 67 million tonnes ("Mt") and 31 Mt, respectively.* * For grades by individual metals, see Table 1 below, which includes the basis of the AuEq calculation.
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