Newmont Corporation to sell Northumberland Gold Project to StrikePoint Gold Inc.

Goodmans LLP is acting as Canadian counsel to Newmont Corporation in connection with its definitive agreement to sell the Northumberland Gold Project to StrikePoint Gold Inc. for US$70 million upfront, plus up to US$50 million in contingent cash payments from StrikePoint.

Northumberland is located in Nevada’s Walker Lane, a prolific mineral trend with significant historical production, new discoveries and operating mines. The project is a substantial, past-producing gold deposit largely located on private land.

Newmont is the world’s leading gold company and a producer of copper, zinc, lead, and silver, with operations in Africa, Australia, Latin America & Caribbean, North America, and Papua New Guinea.

StrikePoint is a Vancouver based multi-asset gold exploration company focused on building precious metals resources in the Western United States. StrikePoint’s flagship project will be the 100% owned Northumberland Gold Project.