Strikepoint Gold Inc. announced that exploration work has commenced at its 100% owned Properties located near Stewart, BC in British Columbia's prolific Golden Triangle. 3,000 metres of drilling is planned at the Willoughby goldsilver and Porter Silver Properties, in addition to surface sampling and mapping programs with an emphasis on exploration at the Porter Silver Property. The Porter Property hosts the three highestgrade pure silver historic producers in the Stewart area: the Prosperity, Porter Idaho and Silverado mines.

Objectives for the 2022 season include: drill extensions to highgrade silver mineralization outlined in historic resource estimates Explore for the roots of the silver veins and goldsilverrich intrusiverelated mineralization. Assess the underground access and workings for future rehabilitation 1,600 metres of drilling is planned at porter, initially targeting the pastproducing prosperity, blind and D veins in 810 holes. Additionally, mapping and sampling will be completed prioritizing exploring the northwest and eastern areas of the property.

Work at the western side will investigate strong alteration and gossan with historic goldrich prospects along northwest trending structures. On the eastern side of the property, significant glacial retreat of the Marmot glacier and alpine icefields have revealed new exposures that have never seen modern exploration. The porter project contains two shearshosted silverrich vein systems: the silverado and prosperity Porter Idaho.

The showings are 2.35 km apart, located on opposite sides of Mt. Rainey, overlooking the town of Stewart. The Project is located strategically at the head of the Portland Canal, a deepwater port with yearround, icefree access.

Significant underground workings on multiple levels were used by the historic operators. During the 2022 season, StrikePoint will investigate the feasibility of completing rehabilitation of the workings, most recently used in the 1980s for exploration work, to complete a future underground drilling program. The initial discovery of silver mineralization on Mt.

Rainey occurred in the early 1900s. ProsperityPorter Idaho veins were the focus of the initial work where mineralization is hosted in six parallel dipping shear zones which have been traced in underground workings for up to 425 metres along strike and 360 metres downdip with widths between 2 and 13 metres. The zones remain open at depth.

The deposit was mined between 1929 and 1931 and produced 27,123 tonnes with recovered grades of 2,542 g/t silver (73.8 oz/ton) and 1 g/t gold (yielding approximately 2.2 million ounces of silver). Direct shipping ore was transported to the port at Stewart via aerial tramway.