Mining Stock Daily

StrikePoint Gold: How a Small Newmont Deal Led to $70M Northumberland Acquisition

StrikePoint Gold CEO Mike Allen explains how a small Como claims deal with Newmont in January led to the US$70 million acquisition of Northumberland, a Carlin-style gold system in Nevada’s Walker Lane that sat orphaned outside Nevada Gold Mines for 15 years. Allen says he and Chairman Alan Pangbourne see untested transitional material that could support a low capex starter pit, and they plan to pair a core rig now drilling with metallurgical work aimed at a PEA in 2028.