
StrikePoint Gold (SKP.v STKXF) Advances Hercules Gold Project Toward Q4 2026 Maiden Resource Estimate After Reporting Best Drill Hole to Date and Expanding Oxide Gold Mineralization at Cliffs
Posted on behalf of StrikePoint Gold Inc. - StrikePoint Gold Inc. (Ticker: SKP.v or STKXF for US investors) recently reported additional assay results from its Spring 2026 drill campaign at the Hercules Gold Project in Nevada, located along the Walker Lane trend. The program is intended to provide the data needed to support a maiden resource estimate, which is expected in Q4 2026.
Best Hole Reported to Date at Hercules
The latest results were led by hole H26004 at the Cliffs target, which StrikePoint described as the strongest intercept reported in Hercules project history on a grade-width basis.
H26004 returned 114.30m grading 0.69 g/t gold and 5.03 g/t silver beginning at 135.64m downhole. Within the broader interval, drilling also returned several higher-grade sections, including:
* 9.14m grading 2.95 g/t Au and 16.18 g/t Ag
* 7.62m grading 1.02 g/t Au and 6.76 g/t Ag
* 9.14m grading 1.23 g/t Au and 6.62 g/t Ag
The hole was stopped before reaching its planned depth due to difficult ground conditions. The final sample from H26004 still returned 0.41 g/t gold and 6.4 g/t silver.
Expanding Oxide Gold System at Cliffs
StrikePoint noted that H26004, together with nearby drilling, is continuing to outline a large near-surface oxide gold system in the southern portion of the Cliffs target. Mineralization remains open to the south.
The company also reported that mineralization in H26004 was predominantly oxide, with only minor relict sulphides. StrikePoint stated that this supports the potential for an open-pit heap-leach mining scenario comparable to other Nevada gold operations.
Additional Spring 2026 Drill Results
Beyond H26004, StrikePoint reported additional results from the Spring 2026 program that management described as consistent with the shallow mineralization style identified across the Hercules Gold Project.
These included 13.72m grading 0.76 g/t Au and 1.66 g/t Ag in hole H26018, including 1.52m grading 5.94 g/t Au and 5.20 g/t Ag. At the Loaves target, hole H26010 returned 1.52m grading 2.06 g/t Au and 5.70 g/t Ag. Hole H26027 returned 10.67m grading 0.26 g/t Au and 4.01 g/t Ag, as well as 4.57m grading 0.19 g/t Au and 2.97 g/t Ag.
Broader Exploration Upside Across Hercules
Alongside the drill results, StrikePoint highlighted the wider exploration potential of the Hercules property. The company reports that more than 40 targets across the project remain untested by drilling, including areas where visible gold has been observed at surface.
With drilling continuing to expand the oxide gold footprint at Cliffs, mineralization remaining open to the south, and numerous targets still untested across the property, StrikePoint is advancing Hercules toward its planned Q4 2026 maiden resource estimate while continuing to assess the project’s broader scale potential.
See SKP’s May 26, 2026 press release for more details.