Vancouver, British Columbia--(Newsfile Corp. - September 12, 2018) - StrikePoint Gold Inc. (TSXV: SKP) (OTCQB: STKXF) 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.
Porter Silver Project
To view an enhanced version of this graphic, please visit:
https://orders.newsfilecorp.com/files/5044/38610_figure1.jpg
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.
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
sk@strikepointgold.com
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.