Gold Strike Completes 2026 Drill Program at the Florin Gold Project, Yukon
Gold Strike Completes 2026 Drill Program at
the Florin Gold Project, Yukon
Highlights:
Completed 11 diamond drill holes totalling 4,014m in and around the Florin RIRGS gold deposit.
Seven holes were drilled south and southwest of the current Florin inferred resource footprint, to
test if the deposit extends in this direction and at depth.
Four holes were step-out exploration holes, three testing a soil anomaly immediately west of the
Florin resource footprint (the Denari target) and one hole testing the Treadwell/Saddle target
approximately 400m to the east.
All holes intersected either hornfels or quartz monzonite or both, with quartz veins, stockworks,
micro veinlets and disseminated sulphides that have the potential to carry gold mineralization.
Assays will be reported when received.
Vancouver, British Columbia--(Newsfile Corp. - September 24, 2026) -
Gold Strike Resources Corp.
(TSXV: GSR) (OTC Pink: GDSRF) (the "
Company
", "
Gold Strike
" or
"GSR"
) is pleased to announce
that it has completed its 2026 drill program on the Florin Gold Project. The Florin Gold Project is a
reduced intrusion-related gold system (RIRGS) style gold deposit located in the Clear Creek cluster of
reduced Cretaceous aged mineralized intrusives that also hosts Sitka Gold Corp's RC Gold Project
(15km to the southwest), within the Tombstone Gold Belt, see Figure 1 for location. The Florin Gold
Project hosts a pit-constrained inferred mineral resource of 2.507 million ounces of gold (162.7 million
tonnes grading 0.48 grams per tonne ("g/t") gold ("Au")
1
at a 0.30 g/t Au cut-off) that remains open in all
directions and at depth.
Peter Miles, CEO commented
,
"Completing our first drill program at the Florin Gold Project marks a
pivotal milestone for Gold Strike. With a new five-year, 60,000-metre drill permit
2
in hand, established
camp infrastructure, and our flagship Florin, FLR, and RJ projects now consolidated in GSR under
one technical team, we have a strong foundation for future resource growth.
"Having completed comprehensive airborne geophysics - including magnetic, radiometric, and
electromagnetic surveys - alongside targeted ground exploration, we see immense potential across
this district. Shareholders can look forward to news releases detailing drill assays, geophysical
interpretations and field results as results are received and compiled."
Figure 1:
Location of GSR's Florin, RJ and FLR projects within the Tombstone Gold Belt in Yukon and
their proximity to Sitka Gold's RC Property. Also showing GSR's Gold Strike One and Gold Strike Two
projects and their proximity to Snowline Gold's Valley Deposit.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/2534/315800_6b23039b844c2863_002full.jpg
Table 1 gives the location co-ordinates and collar information for each hole and Figure 2 is a plan map
of their location in relation to the historic drilling and the Florin resource footprint.
Figure 2:
Plan view of the historic drill holes (in white), showing the Florin resource footprint (pink) and
the 2026 program (black).
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/2534/315800_6b23039b844c2863_003full.jpg
Seven of the 11 holes completed targeted the south and southwest of the Florin resource, where it
remained open, being designed to determine if the mineralization extends in this direction near the
collars and to test beneath the resource footprint at depth. Drilled at a bearing of 030° perpendicular to
the main structural trend of the Florin resource (120° - 300° SE-NW) all collared in mineralized (with
sulphides)
brecciated or fractured hornfels (after Devonian aged siltstones of the Portrait Lake
formation) with drill holes 26F-05 and 26F-08 crossing into the quartz monzonite intrusion defining its
southern edge. Three of the holes, 26F-01, 26F-04 and 26F-06 were drilled at a bearing of 120° parallel
to the main structural trend to check for grade continuity in this direction and to also test below the Florin
resource footprint at depth. Drill hole 26F-06 also tested the western boundary, collaring in hornfels and
ending in quartz monzonite intrusive.
The exploration holes 26F-07, 26F-09 and 26F-11 targeted a gold in soil anomaly, the Denari zone, that
trended to the NW past the Florin resource footprint. Drill hole 26F-11 unexpectedly collared an intrusive,
went through a zone of hornfels and then completed in intrusive. This intrusive had not been mapped this
far west and warrants further surface mapping and drilling. The other holes encountered hornfels
throughout, with minor sills/dykes of the quartz monzonite intrusive.
Drill hole 26F-10 was drilled 400m east of the Florin resource footprint, where historic drilling indicated a
separate zone of gold mineralization. This hole was collared in hornfels (after quartzite) and showed a
different character of mineralization to the hornfels (after siltstone) encountered in the other holes, with
more intense veining but less sulphides.
Photos 1-4 below show examples of some of the styles of mineralization and veining encountered.
Although the 2026 drill holes have appeared to sample mineralization visually similar to that encountered
in the historic drill holes, the gold tenor is notoriously hard to gauge visually. Assays are required for
certainty.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/2534/315800_6b23039b844c2863_004full.jpg
The drill core was sent by chain of custody to Whitehorse for logging and sampling. This work is
expected to complete mid-October 2026. Over half of the sampling is already complete and shipped to
the laboratory. The first results are expected soon and will be released when they become available.
Table 1:
2026 Drill program collar table
Hole ID
N_NAD83Z8
E_NAD83Z8
Elev (m)
Azimuth
Dip
Total
Depth (m)
Comments
26F-01
7094033.5
413659.7
1433.0
120
0
-45
0
588.6
Florin SW
26F-02
7094014.4
413547.2
1381.4
30
0
-50
0
225.0
Florin SW
26F-03
7094012.9
413546.2
1381.4
30
0
-75
0
296.0
Florin SW
26F-04
7094034.3
413658.8
1433.0
120
0
-75
0
545.0
Florin SW
26F-05
7093800.7
413593.7
1485.2
30
0
-60
0
553.5
Florin S
26F-06
7094123.8
413495.6
1351.1
120
0
-60
0
259.3
Florin W
26F-07
7094075.5
413468.2
1333.5
30
0
-60
0
325.3
Denari
26F-08
7093820.3
413800.5
1523.5
30
0
-60
0
381.0
Florin S
26F-09
7094076.8
413468.1
1333.5
35
0
-81
0
285.0
Denari
26F-10
7093935.0
414876.0
1584.6
40
0
-60
0
192.0
Treadwell
26F-11
7094138.0
413388.9
1304.8
30
0
-60
0
363.1
Denari
Notes: Locations were surveyed using RTK GPS with a DNSS correction UTM NAD83 Zone 8. The device gives centimetre precision in the easting and
northing and half-metre accuracy in elevation. Drill rigs were aligned using an IMDEX alignment device. Holes were drilled using HQ diameter,
drillhole 26F-08 was reduced to NQ at 285m depth. The bearing is based on true north.
Technical Information
The scientific and technical information in this news release has been reviewed and approved by David
Kelsch, P.Geo., a consultant to the Company, who has verified the data underlying such information. Mr.
Kelsch is a Qualified Person for the purposes of National Instrument 43-101 -
Standards of Disclosure
for Mineral Projects
.
About Gold Strike Resources Corp.
Gold Strike Resources Corp. is a mineral exploration and development company focused on advancing
high-potential gold opportunities within its highly prospective land package in the proven, but
underexplored Tombstone Gold Belt, Yukon. The Company holds a 100% interest in its five core Yukon
projects: the Florin Gold Project, the FLR Gold Project, the RJ Gold Project, Gold Strike One Project,
and Gold Strike Two Project, which together represent a district-scale land package with multiple near-
surface exploration targets. With an award-winning technical team and experienced management and
board of directors, Gold Strike is well positioned to leverage past exploration successes to create
shareholder value.
(signed) "Peter Miles"
Peter Miles
Chief Executive Officer
For additional information on the Company, please contact Mr. Peter Miles, Chief Executive Officer at
(604) 408-6680 or email
.
To be added to the email distribution list, please visit our website at
www.goldstrikeresourcescorp.com
.
Cautionary Statement Regarding Adjacent, Nearby or Geologically Similar Properties
Mineralization hosted on adjacent, nearby or geologically similar properties is not necessarily indicative
of mineralization hosted on the Company's properties.
Forward-Looking Information
This news release contains forward-looking information within the meaning of applicable securities laws.
Forward-looking information is identified by words such as "anticipate", "plan", "continue", "expect",
"estimate", "objective", "may", "will", "project", "should", "predict", "potential", "intend", "goal", "designed
to", and similar expressions.
Although the Company believes that the expectations and assumptions on which the forward-looking
information is based are reasonable, undue reliance should not be placed on the forward-looking
information because the Company cannot give any assurance that it will prove correct. Since forward-
looking information addresses future events and conditions, it involves inherent assumptions, risks and
uncertainties. Actual results could differ materially from those currently anticipated due to a number of
assumptions, factors and risks. These assumptions and risks include, but are not limited to, assumptions
and risks associated with mineral exploration generally and results from anticipated and proposed
exploration programs, conditions in the equity financing markets, and assumptions and risks regarding
receipt of further regulatory and First Nation approvals. Forward-looking information in this news release
includes, without limitation: the receipt, analysis and reporting of assay data; the release of drill assays,
geophysical interpretations and field results; and expectations regarding the potential for gold
mineralization. Exploration activities in Yukon are subject to seasonal access constraints, engagement
with local communities and Indigenous rights holders, availability of financing, and the inherent
uncertainties of mineral exploration, including the risk that drill results do not confirm grade continuity or
resource expansion potential. Risks specific to the foregoing include laboratory capacity constraints
affecting assay turnaround, delays in processing and interpreting airborne geophysical data, adverse
weather or access conditions, the failure of exploration programs to identify economic mineralization.
The forward-looking information contained in this news release is made as of the date hereof. Other than
as required by applicable securities laws, the Company disclaims any intent or obligation to update
publicly any forward-looking information, whether as a result of new information, future events, results, or
otherwise.
Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the
TSXV) accepts responsibility for the adequacy or accuracy of this release.
1
See the Company's technical report titled "Florin Gold Project Technical Report - Mayo and Dawson Mining Districts, Yukon Territory", dated
December 5, 2025 for further details of the mineral resource estimate.
2
Class 3 Quartz Mining Land Use Approval LQ00621, issued by the Mineral Tenure and Exploration Branch, Government of Yukon, effective
September 17, 2026.
To view the source version of this press release, please visit
https://www.newsfilecorp.com/release/315800