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Prospector Podcast – Mike Allen “We Got Hercules at Cents on the Dollar”

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Prospector Podcast – Mike Allen “We Got Hercules at Cents on the Dollar”

 

 

 

 

Michael Fox host of the Prospector Podcast welcomed Mike Allen, the President and CEO of StrikePoint Gold (TSX-V: SKP) (OTCQB: STKXF) to discuss the recent acquisition of the Hercules Project in Nevada’s Walker Lane. Mike explained that the Hercules Project was one, which he had previously worked on before it was acquired by another company – StrikePoint was able to acquire it at a significant discount due to the acquiring company’s distress. He highlighted the project’s significant size, covering over 1,300 claims and multiple showings, and its promising geological features.

 

Large-Scale Mining Project in Nevada

 

Mike Allen discussed the potential of a large-scale mining project in Nevada, which he referred to as a “generational mine”. The project, which is already drilling, has several targets identified and is expected to yield significant results. He plans to visit the site to understand the new targets and prioritize drilling. He also mentioned that the project has three permits, with two pending, and drilling could begin early next year. Michael asked about the similarities between this project and Curprite, Strikepoint’s flagship property in the region. Mike responded that there are many, including the structure of the land package and the type of mineralization.

 

About StrikePoint

 

Gold StrikePoint Gold is a gold exploration company focused on building precious metals resources in Canada and the Western United States. The Cuprite Gold Project consists of approximately 574 unpatented claims covering approximately 44-square kilometers, located 15-kilometers south of Goldfield Nevada, and 85-kilometers northwest of Beatty. The project is easily accessible by Highway 95 on the western margin of the property. The project is located within the Walker Lane Gold Trend, which hosts AngloGold’s exciting Silicon Gold and Merlin discoveries approximately 75-kilometers southeast of Cuprite. In addition, the Walker Lane hosts Tier 1 gold mines including Kinross’s Round Mountain Mine located approximately 130-kilometers North of Cuprite Gold Project.

 

In addition to Cuprite Gold Project, the Company controls two advanced-stage exploration assets in British Columbia’s Golden Triangle: the past-producing high-grade silver Porter-Idaho Project and the high-grade gold Willoughby Project.

 

StrikePoint Gold

Posted September 5, 2024

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