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StrikePoint Completes Sale of Porter Idaho Project to Dolly Varden Silver
StrikePoint Completes Sale of Porter Idaho Project to Dolly Varden Silver

Yahoo

time23-05-2025

  • Business
  • Yahoo

StrikePoint Completes Sale of Porter Idaho Project to Dolly Varden Silver

Vancouver, British Columbia--(Newsfile Corp. - May 23, 2025) - StrikePoint Gold Inc. (TSXV: SKP) (OTCQB: STKXF) ("StrikePoint" or the "Company") is pleased to announce that further to its news release dated May 8, 2025, it has completed the sale of the Porter Idaho Project to Dolly Varden Silver Corporation ("Dolly Varden"). StrikePoint completed the sale of the Porter Idaho Project to Dolly Varden for consideration of $1,100,000, which was satisfied through the issuance of 295,699 common shares in the capital of Dolly Varden at a deemed price of $3.72 per share. Michael G. Allen, President and CEO of StrikePoint said, "The sale of this non-core asset to Dolly Varden allows us to focus on our gold projects in Nevada's Walker Lane. We recently completed a successful spring drill program on the Hercules Gold project with all holes returning significant gold grades. Near surface oxide gold deposits in Tier 1 jurisdictions are increasingly rare, but recent exploration successes in the Walker Lane have highlighted the potential of this part of Nevada." For further information on recent drilling on the Hercules Gold Project, please refer to the Company's May 5, 2025 new release. About StrikePoint Headed by CEO Michael G. Allen, StrikePoint is a multi-asset gold exploration company focused on building precious metals resources in the Western United States and in Canada. Mr. Allen has been working in the Walker Lane for the last 15 years, with multiple transactions completed in that timeframe including the acquisition of the Sterling Gold Project, located near Beatty, Nevada, and the sale of Northern Empire to Coeur Mining for approximately $120 million. The Sterling Gold Project is now part of AnglogGold Ashanti's "Expanded Silicon" project. In addition, Mr. Allen was the past President and CEO of Elevation Gold Mining Corporation, which operated Arizona's largest gold mine. The Management and Board of StrikePoint has strong expertise in exploration, finance and engineering. StrikePoint is rapidly becoming one of its largest holders of mineral claims with approximately 145 square kilometers of prospective geology under claim, encompassing two district scale projects, the Hercules Gold Project and the Cuprite Gold Project. ON BEHALF OF THE BOARD OF DIRECTORS OF STRIKEPOINT GOLD INC. "Michael G. Allen" Michael G. AllenPresident, Chief Executive Officer & Director For more information, please contact: StrikePoint Gold HendersonT: (604) 551-2360E: kh@ Cautionary Statement on Forward-Looking Information Certain statements made and information contained herein may constitute "forward-looking information" and "forward-looking statements" within the meaning of applicable Canadian and United States securities legislation. These statements and information are based on facts currently available to the Company and there is no assurance that actual results will meet management's expectations. Forward-looking statements and information may be identified by such terms as "anticipates", "believes", "targets", "estimates", "plans", "expects", "may", "will", "speculates", "could" or "would". All of the forward-looking statements made in this document are qualified by these cautionary statements. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated, forecast or intended and readers are cautioned that the foregoing list is not exhaustive of all factors and assumptions which may have been used. Should one or more of these risks and uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in forward-looking information. Accordingly, there can be no assurance that forward-looking information will prove to be accurate and forward-looking information is not a guarantee of future performance. Readers are advised not to place undue reliance on forward-looking information. The forward-looking information contained herein speaks only as of the date of this document. The Company disclaims any intention or obligation to update or revise forward-looking information or to explain any material difference between such and subsequent actual events, except as required by applicable law. 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. To view the source version of this press release, please visit

StrikePoint to Present at the Precious Metals & Critical Metals Hybrid Investor Conference on May 22nd
StrikePoint to Present at the Precious Metals & Critical Metals Hybrid Investor Conference on May 22nd

Yahoo

time15-05-2025

  • Business
  • Yahoo

StrikePoint to Present at the Precious Metals & Critical Metals Hybrid Investor Conference on May 22nd

StrikePoint invites individual and institutional investors, as well as advisors and analysts, to attend real-time, interactive presentations on VANCOUVER, British Columbia, May 15, 2025 (GLOBE NEWSWIRE) -- StrikePoint Gold (SKP: TSX.V) (STKXF: OTCQB) based in Vancouver, BC, with gold assets in Nevada, today announced that CEO Michael G. Allen will present live at the Precious Metals & Critical Metals Hybrid Investor Conference, hosted by on May 22nd, 2025. DATE: May 22nd, 2025 TIME: 10:00 AM ET LINK: REGISTER HERE This will be a live, interactive in-person and online event where investors are invited to ask the company questions in real-time. If you would like to attend in-person, please email johnv@ for an attendee pass. If attendees are not able to join the event live on the day of the conference, an archived webcast will also be made available after the event. It is recommended that investors pre-register and run the online system check to expedite participation and receive event updates. Learn more about the event at Recent Company Highlights May 8 - StrikePoint Signs Definitive Agreement to Sell BC Property for C$1.1 Million May 5 - StrikePoint Drills Broad Zones of Near Surface Oxide Gold at the Hercules Gold Project, Nevada April 28 - StrikePoint Drills Near-Surface High Grade Oxide Gold at the Hercules Gold Project, Nevada March 3- StrikePoint Reports Exploration Target on Hercules Gold Project About Strikepoint Gold Headed by CEO Michael G. Allen, StrikePoint is a multi-asset gold exploration company focused on building precious metals resources in the Western United States and in Canada. Mr. Allen has been working in the Walker Lane for the last 15 years, with multiple transactions completed in that timeframe including the acquisition of the Sterling Gold Project, located near Beatty, Nevada, and the sale of Northern Empire to Coeur Mining for approximately $120 million. The Sterling Gold Project is now part of AnglogGold Ashanti's 'Expanded Silicon' project. In addition, Mr. Allen was the past President and CEO of Elevation Gold Mining Corporation, which operated Arizona's largest gold mine. The Management and Board of StrikePoint has strong expertise in exploration, finance and engineering. StrikePoint is rapidly becoming one of the largest holders of mineral claims within the Walker Lane of Nevada with approximately 145 square kilometers of prospective geology under claim, encompassing two district scale projects, the Hercules Gold Project and the Cuprite Gold Project. About Virtual Investor Conferences® Virtual Investor Conferences (VIC) is the leading proprietary investor conference series that provides an interactive forum for publicly traded companies to seamlessly present directly to investors. Providing a real-time investor engagement solution, VIC is specifically designed to offer companies more efficient investor access. Replicating the components of an on-site investor conference, VIC offers companies enhanced capabilities to connect with investors, schedule targeted one-on-one meetings and enhance their presentations with dynamic video content. Accelerating the next level of investor engagement, Virtual Investor Conferences delivers leading investor communications to a global network of retail and institutional investors. Qualified Person Statement All technical data, as disclosed in this press release, has been verified by Michael G. Allen, P. Geo, President and CEO of the Company. Mr. Allen is a qualified person as defined under the terms of National Instrument 43-101. CONTACTS: Strikepoint Gold Inc. Knox HendersonT: (604) 551-2360E: kh@ W: Virtual Investor Conferences John M. ViglottiSVP Corporate Services, Investor AccessOTC Markets Group (212) 220-2221johnv@ Cautionary Statement on Forward Looking Information Certain statements made and information contained herein may constitute "forward looking information" and "forward looking statements" within the meaning of applicable Canadian and United States securities legislation. These statements and information are based on facts currently available to the Company and there is no assurance that actual results will meet management's expectations. Forward-looking statements and information may be identified by such terms as "anticipates", "believes", "targets", "estimates", "plans", "expects", "may", "will", 'speculates', "could" or "would". All of the forward-looking statements made in this document are qualified by these cautionary statements. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated, forecast or intended and readers are cautioned that the foregoing list is not exhaustive of all factors and assumptions which may have been used. Should one or more of these risks and uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in forward-looking information. Accordingly, there can be no assurance that forward-looking information will prove to be accurate and forward-looking information is not a guarantee of future performance. Readers are advised not to place undue reliance on forward-looking information. The forward-looking information contained herein speaks only as of the date of this document. The Company disclaims any intention or obligation to update or revise forward–looking information or to explain any material difference between such and subsequent actual events, except as required by applicable law. Neither 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 in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

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