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Strikepoint Gold ( (TSE:SKP) ) has shared an update.
StrikePoint Gold Inc. has initiated a drilling program at the Hercules Gold Project in Nevada’s Walker Lane, targeting an exploration goal of up to 1.02 million ounces of oxide gold. Acquired for $250,000, the project is a key asset for StrikePoint, reflecting its strategy of advancing undervalued assets. The drilling aims to infill and expand the mineralization, with results expected by Q2 2025, potentially defining a multi-million ounce gold resource and strengthening the company’s position in the gold mining industry.
More about Strikepoint Gold
StrikePoint Gold Inc. is a company operating in the mining industry, primarily focusing on the exploration and development of gold projects. The company is engaged in strategic acquisitions and exploration activities to enhance shareholder value, with a market focus on high-potential gold systems, particularly in proven jurisdictions like Nevada’s Walker Lane.
YTD Price Performance: -4.76%
Average Trading Volume: 15,313
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$6.66M
For detailed information about SKP stock, go to TipRanks’ Stock Analysis page.