Mr. Michael Allen reports

STRIKEPOINT GOLD COMMENCES INITIAL 2026 DRILL PROGRAM AT HERCULES GOLD PROJECT, LOCATED IN NEVADA'S WALKER LANE

Strikepoint Gold Inc. has commenced work on its initial 2026 drill program on the Hercules gold project, located in Nevada's Walker Lane.

The drill program is expected to include approximately 30 reverse circulation holes totalling an estimated 3,650 metres. The goal of the program is to provide sufficient data for a maiden resource estimate, anticipated to be delivered in Q3 2026.

Michael G. Allen, president and chief executive officer of Strikepoint, said: "We acquired the Hercules gold project in August, 2024, for $250,000 and immediately demonstrated its sizable potential following the completion of our inaugural National Instrument 43-101 exploration target. As we launch on this drill program, we have the confidence of a strong, predictive geological model of controls on mineralization. With a relatively modest drill program, we will have the data to complete our maiden resource estimate. In addition, we've also recently, consolidated the southern portion of the property, giving us control over the past-producing Como district, allowing for further expansion of our exploration efforts among several promising high-priority targets."

The program is expected to last approximately 45 days. Initial drill results are expected to be available in April, 2026.

Following the completion of this initial 2026 drilling, the company intends to modify its existing drill permits to incorporate the newly acquired Como district.

As announced on Feb. 18, 2026, the company consolidated the Como district and three past producers in the southern portion of Hercules. The acquisition consisted of 51 unpatented claims located in the past-producing Como district. Historic surface sampling has returned gold values of up to 166.62 grams per tonne Au (4.86 ounces per ton) and silver values of up to 109.72 g/t Ag. In a historical surface sample database acquired by the company, a total of 623 samples covering the Como district and surrounding area currently controlled by Strikepoint were collected; of the 623 surface samples, 93 returned grades greater than 1.00 g/t Au.

Qualified person statement

All technical data and scientific data, as disclosed in this press release, have been reviewed and approved by Michael G. Allen, PGeo, president and chief executive officer of the company. Mr. Allen is a qualified person as defined under the terms of NI 43-101.

About Strikepoint Gold Inc.

Headed by CEO Michael G. Allen, Strikepoint is a multiasset gold exploration company focused on building precious metals resources in the Western United States and in Canada.

Strikepoint is rapidly becoming one of its largest holders of mineral claims with approximately 145 square kilometres of prospective geology under claim, encompassing two district-scale projects: the Hercules gold project and the Cuprite gold project.

The Hercules gold project features an exploration target, as defined by NI 43-101, as follows.

The mineralization is near surface, giving the potential of an open-pit, heap-leach (oxide) operation.

In addition to the drill-tested targets in the northern part of the property, there are over 40 undrilled targets on the property, some of which also include visible gold at surface.

For further information on the exploration target, please refer to the company's March 3, 2025, news release. The technical report describing the exploration target and the Hercules gold project can be found on the company's website.

Mr. Allen has been working in the Walker Lane for the past 15 years, with multiple transactions completed in that time frame, including the acquisition of the Sterling gold project, located near Beatty, Nev., and the sale of Northern Empire Resources Corp. to Coeur Mining, Inc. for approximately $120-million. The Sterling gold project is now part of AngloGold Ashanti PLC's Arthur gold project.

The management and board of Strikepoint have strong expertise in exploration, finance and engineering.

About Nevada

Nevada is one of the most globally recognized mining jurisdictions in the world, with over 218 million ounces gold produced to date. Multiple operators in the state, including Nevada Gold Mines (Barrick/Newmont), Kinross, SSR Mining, McEwan Mining and Integra Resources. Many of the operations are open-pit, heap-leach operations, operating at similar grades to the exploration target defined on the Hercules gold project.

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