New Broad Zone of Oxide Gold Continues to be Intercepted at Cliffs Target

StrikePoint Gold Inc. (TSX-V: SKP) (OTCQB: STKXF) is pleased to announce a third and final batch of assay results from its Spring 2026 drill program on the Hercules Gold Project in Nevada’s prolific Walker Lane.

The SW Cliffs area continues to return large intercepts of continuous mineralization highlighted by hole H26005 cutting several zones including 67.06 meters grading 0.53 g/t Au with 11.69 g/t Ag centered around a high-grade core of 7.62 meters grading 2.93 g/t Au and 54.48 g/t Ag.

Table 1: Hercules Gold Project July 21, 2026 Drill Results

Note: Length reported above is sample length, there is insufficient data to estimate true thickness.

Michael G. Allen, President and CEO of StrikePoint, said, “Hole H26005 demonstrates the continuity of the newly discovered zone of mineralization on the southwest extreme of the Cliffs Target. This material was logged as predominately oxide mineralization, which complements our vision for the Hercules Gold Project as a potential future heap leach operation. This is the final batch of holes from our Spring 2026 drill program, where we had notable successes, notably on the Cliffs Target, where this program’s drilling returned 114.30 meters grading 0.63 g/t Au with 5.03 g/t Ag.”

Drilling Discussion:

H26005 returned 67.06 meters grading 0.53 g/t Au and 11.69 g/t Ag centered around a high-grade core of 7.62 meters grading 2.93 g/t Au and 54.48 g/t Ag. This hole had three more interesting intercepts: 4.57 meters grading 0.16 g/t Au with 0.90 g/t Ag; 7.62 meters of 0.18 g/t Au with 2.24 g/t Ag; and 32.01 meters grading 0.20 g/t Au with 2.43 g/t Ag, for over 100 meters of combined gold-silver mineralization. The favourable results from H26005 correlate well with previously released holes H26004, H26012, and H26014 potentially defining a broad zone of gold mineralization to the southwest sector of the Cliffs Target, which remains open for expansion and may be exploitable via an open pit.

Additional holes announced today targeted shallow mineralization and were generally successful in identifying mineralization where expected at Hercules.

The 2026 Spring exploration campaign consisted of 29 holes testing multiple, shallow, oxide gold targets at the Hercules Gold Project. The program was a continuation of prior years’ drilling and successfully expanded the known mineralization at Hercules, particularly on the Cliffs Target area where several significant oxide gold intercepts have been returned. The Cliffs Target remains open for further expansion.

Table 2: July 21, 2026 Drill Collars

Figure 1: StrikePoint Gold 2026 Drilling on Hercules Gold Project

Qualified Person Statement

All scientific and technical information disclosed in this news release has been reviewed and approved by Michael G. Allen, P.Geo., President and Chief Executive Officer of the Company, a qualified person as defined under National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101”). As an officer and director of the Company, Mr. Allen is not independent of the Company. Mr. Allen has verified the data disclosed in this news release, including the sampling, analytical, and quality assurance/quality control data and procedures described under “QA/QC” below, and is not aware of any limitations on, or failure of, that verification process.

About StrikePoint

Headed by CEO Michael G. Allen, and guided by a Board and Management Team with strong expertise in exploration, finance, and engineering, StrikePoint is a multi-asset gold exploration company focused on building precious metals resources in the Western United States and in Canada.

Mr. Allen has been working in the Walker Lane for the last 15 years, with multiple transactions completed in that timeframe including the acquisition of the Sterling Gold Project, located near Beatty, Nevada, and the sale of Northern Empire Resources Corp. to Coeur Mining, Inc. for approximately C$120 million. The Sterling Gold Project is now part of AngloGold Ashanti plc’s Arthur Gold project.

QA/QC

Samples were split in the field using industry standard techniques. Samples were sealed in individual numbered bags prior to shipment to ALS Global in Reno, Nevada for sample preparation, prior to assaying in ALS Global facilities in North Vancouver.

Gold is determined by fire-assay fusion of a 30-gram sub-sample with atomic absorption spectroscopy (AAS). Various metals including silver, arsenic, and antimony are analyzed by inductively-coupled plasma (ICP) atomic emission spectroscopy, following multi-acid digestion. ALS Geochemistry meets all requirements of International Standards ISO/IEC 17025:2017 and ISO 9001:2015. ALS Global operates according to the guidelines set out in ISO/IEC Guide 25.

The Company maintains a robust QA/QC program that includes the collection and analysis of duplicate samples and the insertion of blanks and standards (certified reference material).