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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
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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.

u/HoweStreetPress — 6 days ago
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Tiger Gold (TIGR.v TGRGF) Reports Long Gold Intersections At Tesorito, Including 234.5m At 1.2 g/t Au And 180.3m At 1.0 g/t Au, As Drilling Continues At The Quinchía Gold Project In Colombia

Posted on behalf of Tiger Gold Corp. - Tiger Gold Corp. (Ticker: TIGR.v or TGRGF for US investors) shared more assay results from its ongoing diamond drilling campaign at the Quinchía Gold Project in Colombia’s prolific Mid-Cauca gold belt.

On June 16, 2026, TIGR reported two of the strongest gold intersections it has drilled to date at the Tesorito deposit, with additional assays pending from both Tesorito and Ceibal.

The latest Tesorito results included 234.54m grading 1.2 g/t Au from 2m downhole, including 27.6m grading 1.8 g/t Au, 26.57m grading 2.3 g/t Au, and 22m grading 1.5 g/t Au (hole TSDH-88). A second hole (TSDH-87) intersected 180.3m grading 1.0 g/t Au from surface, including 66.5m grading 1.3 g/t Au.

President & CEO Robert Vallis described these as “among the best holes we have drilled at Tesorito,” noting that each returned long composite intervals at grades more than double the 0.47 g/t Au average grade of the deposit’s Inferred Mineral Resource.

He also stated that the results, together with the previously reported 98m grading 0.9 g/t Au from 2m downhole (hole TSDH-86), define a coherent, higher-grade corridor of intrusive-hosted gold mineralization.

Drilling is ongoing with two diamond drill rigs at Ceibal and one at Tesorito.

The company expects these infill results to feed directly into its year-end Mineral Resource update for Tesorito, which is aimed at converting a significant portion of the resource to Indicated, and to inform 2027 engineering studies.

Tiger interprets the mineralization along the holes TSDH-86-88 section as being broadly developed across multiple intrusive phases and breccias, rather than confined to a single structure. 

Drilling indicates that the mineralized corridor remains open to the northwest and at depth. 

A further hole drilled along the section to the northwest has been completed, with assays pending.

As drilling continues at Tesorito and Ceibal, Tiger’s latest results further support the scale and advancement potential of the broader Quinchía Gold Project, a multi-million-ounce gold asset in Colombia’s Mid-Cauca belt where the company has exercised its option to acquire a 100% interest.

Please see TIGR's June 16, 2026 press release for more details.

u/HoweStreetPress — 12 days ago