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Mike Allen: StrikePoint CEO on Nevada Drill Plans

Mike Allen: StrikePoint CEO on Nevada Drill Plans

Published 1 year, 2 months ago
Description


In this episode Michael Fox is joined by Mike Allen President and CEO of Strikepoint Gold (TSX-V:SKP) (OTCQB:STKXF) to discuss the company’s ongoing plans in Nevada. The company has recently acquired a project on the northern end of the Walker River Trend called Hercules. Mike has had experience on this project 5 years ago before selling it to another company for $25 million. Fast forward to late last year and he has reacquired it for $250,000. The company is planning a summer drill program on the southern part of the land package near the former Como Mine currently held be Newmont. The thesis is that this part of the property has similar elements as does the Comstock Mine to the west and that the mineralization from Como continues onto the Hercules property.

Key Topics:

  • Hercules Gold Project: 100 sq km of untapped potential

  • 7/7 successful drill holes with gold grades up to 1.2 g/t and silver at 9 g/t

  • Plans for southern exploration near a 2.6km undrilled gold vein

  • Strategic acquisition: Bought back for $250K after a $25M sale

  • Proximity to Newmont’s Como and the historic Comstock mine

Stay Connected: Visit https://strikepointgold.com/ for updates or contact Mike Allen (ma@strikepointgold.com) or Knox Henderson (kh@strikepointgold.com) for investor inquiries.

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