StrikePoint Gold Inc. announced the drilling results as well as reconnaissance grab sample results from the 2022 exploration program at the 100%-owned Willoughby gold-silver project, located east of the community of Stewart in British Columbia's prolific Golden Triangle. The 2022 program was focussed on regional exploration aimed at growing the footprint of the Willoughby mineralization trend and to drill previously untested areas on the Project. 2022 Willoughby Surface Sampling: At total of 84 surface grab samples were collected as part of the 2022 Willoughby property exploration program.

Values returned ranged from 0.005 to 156.0 g/t Au and 0.25 to 1,240.0 g/t Ag with 27 samples returning gold values of greater than 0.1 g/t. The program targeted areas of newly exposed outcrop to the south and north of the Main Willoughby showing along the initial 1,300m long mineralized trend. Exploration surface sampling highlighted two new mineralized zones, FS and BOD zones to the south, as well as confirming mineralization at the historic Back Ridge zone, a previously underexplored area. This work extended the Willoughby mineralized trend to a total of 2,700 metres.

The BOD Zone is located at the southern most end of the Willoughby nunataq, 125 metres South of the Icefall zone. Surface reconnaissance outlined a wide area of quartz-sericite pyrite alteration at BOD that is linked to alteration associated with of north-northwest striking structures further north on the nunataq. These steeply east dipping structures are linked to bonanza grade mineralization as shown in grab sample B0017097 grading 156 g/t Au and 91.7 g/t Ag.

In addition, alteration halos around these structures returned significant grades in three surface samples which average 4.02 g/t Au and 11.9 g/t Ag. Further to the north on the Willoughby nunataq, infill sampling was completed along the southerly projection of the North Fault, confirming a 125-metre extension the north-northwest trending structure. Sample B0017066 returned 53.9 g/t Au and 1,240 g/t Ag in a fault breccia with semi massive sulphide cement, dominantly pyrite with patchy to disseminated galena.

The newly defined FS zone located at the southernmost extent of the property, approximately 700 meters to the south of the BOD zone. This area has been recently exposed due to significant ice recession. This new zone exhibits similar mineralization style to those outlined on the Willoughby nunataq, suggesting a continuation of known mineralization.

Significant grades were returned from the few grab samples collected: B0017075 1.39 g/t Au and 128 g/t Ag, B0017076 3.05 g/t Au and 36.2 g/t Ag, B0017080 4.95 g/t Au and 120 g/t Ag, and B0017081 6.48 g/t Au and 52.5 g/t Ag. The Company considers these to be very encouraging results, strengthening and extending the mineralization trend. Willoughby Drilling: A total of 1,500 meters of diamond drilling was completed during the 2022 Willoughby exploration program with a focus on northern and southern extensions of mineralized zones on the Willoughby nunataq and exploratory drilling to discover new mineralization to the west of the Willoughby Trend.

The program was successful in defining new mineralization to southwest of the North zone in hole W22- 129 which returned 2.48 g/t Au and 4.00 g/t Ag over 4.20 metres including 11.45 g/t Au and 13.70 g/t Ag over 0.85 metres. The mineralization outlined in this hole is at the contact between the Jurassic volcanic rock package and the Goldslide intrusive in an area strongly quartz-sericite altered with massive pyrite mineralized sections and is similar to what is seen at the Edge, Wilby, and Icefall zones. From the same drill set-up, hole W22-128 intersected 1.11 g/t Au and 20.96 g/t Ag over 9.02 metres including 2.46 g/t Au and 35.23 g/t Ag over 2.52 metres exploring extension of the mineralization to the northwest, notably towards the NN zone.

Mineralized intersections consist of massive pyrite veins in a chlorite altered intrusive which is interpreted to be with the footwall alteration of the dominant structures bearing mineralization. The remaining the three exploration holes were drilled further to the south on the Willoughby nunataq in wide areas that were previously untested. Hole W22-125 was an exploratory hole to the southwest that intersected 1.02 g/t Au and 27.15 g/t Ag over 5.32 metres in strongly altered silica-sericite lapilli tuff with semi-massive pyrite and sphalerite in an unexplored area.

Hole W22-127 was an aggressive 100m step out from known mineralization at the Wilby zone, it intersected 0.82 g/t Au and 1.41 g/t Ag over 8.78 metres and 8.39 g/t Au and 11.20 g/t Ag over 1.12 metres.