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The latest update is out from Strikepoint Gold ( (TSE:SKP) ).
StrikePoint Gold plans a 2026 resource definition drilling campaign at its Hercules Gold Project in Nevada, aiming to convert its existing NI 43-101 Exploration Target into an inferred resource estimate by the third quarter of 2026. The company has approved a program of about 30 reverse circulation holes totaling roughly 3,500 metres, with drilling expected to start in early March, first assays in mid-April, and final results in June, positioning Hercules for a maiden resource that management believes could drive a valuation rerating in an improving gold market. To support its capital markets profile and investor outreach during this pivotal period, StrikePoint has also engaged Capital Analytica for a six‑month consulting mandate that includes market and social media advisory work, reporting, and dissemination of corporate communications, with compensation in cash and stock options and an option to renew the arrangement.
Spark’s Take on TSE:SKP Stock
According to Spark, TipRanks’ AI Analyst, TSE:SKP is a Underperform.
Strikepoint Gold’s overall score is primarily affected by its poor financial performance, marked by no revenue and persistent losses, which raises concerns about its long-term viability. Positive corporate events related to its Hercules Project provide some potential for future growth. Technical indicators and valuation metrics also suggest limited immediate upside, contributing to a cautious overall assessment.
To see Spark’s full report on TSE:SKP stock, click here.
More about Strikepoint Gold
StrikePoint Gold Inc. is a mineral exploration company focused on advancing its Hercules Gold Project in Nevada’s Walker Lane district, a prolific gold-bearing region. The project comprises a large land package near Reno with an NI 43-101 Exploration Target defined using historical drilling, trenching, assay data and AI-generated mineralization models to guide resource-focused exploration.
Average Trading Volume: 245,991
Technical Sentiment Signal: Strong Sell
Current Market Cap: C$8.73M
Learn more about SKP stock on TipRanks’ Stock Analysis page.