Gold Strike Provides Update on Gold Strike One and Gold Strike Two Properties, Yukon
Gold Strike Provides Update on Gold Strike
One and Gold Strike Two Properties, Yukon
HIGHLIGHTS
Field crews visited the Gold Strike One ("GS1") and Gold Strike Two ("GS2") properties in
August 2025 to conduct limited soil and rock sampling.
Two grab rock samples from GS1 returned 3.33 g/t and 0.583 g/t Au, consistent with a 1.42
g/t Au sample collected by LIRECA, the property vendor, in 2024.
GS1 rock sample and GS2 soil sample results confirm and enhance our thesis that the
properties are highly prospective for reduced intrusion-related gold systems ("RIRGS").
Vancouver, British Columbia--(Newsfile Corp. - November 6, 2025) -
Gold Strike Resources
Corp.
(TSXV: GSR) (the
"
Company
"
or
"Gold Strike"
) Further to our news release of October 28,
2025 detailing rock sample results from GS2, the Company has received 33 rock sample results from
GS1 and 113 soil sample results from GS2.
Grab rock sample results from GS1 (see Figure 2) corroborate and improve previous sampling done by
the vendor, LIRECA Resources Inc. ("LIRECA"). The 2024 LIRECA data referenced herein are historical
in nature and have been reviewed by the Company's Qualified Person to the extent possible; verification
was limited to the available records and partial corroboration through Gold Strike's 2025 sampling. Soil
sample results from GS2 confirm and enhance the rock sample results reported earlier. In general, our
initial exploration on GS2 and due diligence of GS1 show gold and pathfinder elements consistent with
the RIRGS model in both land packages. Grab samples are selective samples meant to confirm the
presence of gold. Grab samples are not indicative of the average grade of mineralization.
Peter Miles, CEO, states: "We are pleased to see that our due diligence visit to GS1 and our initial,
limited exploration of GS2 confirm and enhance our thesis that both properties are highly prospective for
RIRGS-type gold systems. Given the proximity of GS1 to Snowline Gold's Valley deposit, we are
encouraged to see an over three-gram gold rock sample from our limited due diligence sampling. The
Company looks forward to a significantly more expansive exploration program on these properties in
2026."
In August 2025, Gold Strike's exploration team visited GS1 to conduct due diligence sampling and to
familiarize themselves with the property, its geology and how it relates to Snowline Gold's proximal
Valley deposit. The Company is pleased to note that the rock sampling confirmed and enhanced
previous work done on the property with the highest of 33 samples returning
3.33 g/t
and
0.583 g/t Au
from the northwest corner of GS1.
Soil sampling at GS2 (see Figure 3) focused on the Iron Sentinel prospect identified by LIRECA and
confirmed by the 2025 rock samples reported in our October 28, 2025 news release. Soil sampling
assays reported up to
68 ppb Au, 3.25 ppm Ag, 894 ppm As, 8 ppm Bi, and 31 ppm Mo
, averaging
above 20 ppb Au over an 800m by 200m
zone open in all directions. Soil sampling was conducted on
a reconnaissance basis; grid spacing and soil horizon were selected to provide broad coverage and the
anomalous area remains open in all directions.
Soil sampling elsewhere confirmed Bi, As and W anomalies at the TOR, Hornfels and Corner Store
prospects. This work confirms that the Company can use sampling of talus fines as a tool to define future
drill targets. Future exploration programs are expected to focus on these areas.
Figure 1: Project Location
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Figure 2:
Gold Strike One Rock Sampling - 2025 Due Diligence and Historical
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Figure 3: Gold Strike Two 2025 Soil Sampling Results: Au, Bi and As
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QA/QC
Samples were freighted by chain of custody to the ALS Global preparation lab in Terrace, BC, were
processed then sent for assay in Vancouver, BC. ALS Global is an independent ISO 9001 and ISO/IEC
17025 certified geochemistry laboratory. The approximately 2 kg rock samples were crushed <2mm
70% then split to 250 g, pulverized to <75um (85% passing) then a 30g sample was split for fire assay
(Au-ICP21) with a ICP-AES finish for gold and a 0.25 g sample for multi-element ICP MS using a four-
acid digestion (ME-MS61). The soil samples were dried, and then screened to -180um, 25g of this
sample underwent multi-element super trace process (AuME-ST43) a four-acid digest multi-element
super trace ICPMS package. The lab submits internal standards, duplicates and blanks and all of these
reported within their expected limits. In addition to the laboratory's internal QA/QC, Gold Strike inserted
external blanks and standards at appropriate intervals during sampling; results were within acceptable
ranges for the purposes of this early-stage program.
Technical Information
The technical information in this news release was prepared under the supervision of David Kelsch
P.Geo. Mr. Kelsch is a Qualified Person for the purposes of National Instrument 43-101 -
Standards of
Disclosure for Mineral Projects
("NI 43-101") and has reviewed and approved the technical information
disclosed in this news release. Mr. Kelsch is independent of the Company for the purposes of NI 43-101.
Mr. Kelsch has verified the data disclosed herein, including review of sampling procedures, chain of
custody, and assay certificates, and has conducted a site visit to GS1 and GS2 in August 2025.
Verification was limited to the scope of the 2025 program and available records.
About the Company
Gold Strike Resources Corp. is a mineral exploration and development company focused on high-
impact properties in Canada. With an award-winning technical team and experienced management and
board of directors, Gold Strike is based in Vancouver and is listed on the TSX Venture Exchange
(TSXV: GSR).
(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 email
with "Gold
Strike" in the subject line.
Cautionary Statements and "Forward-Looking" Information
Mineralization hosted on adjacent, nearby or geologically similar properties is not necessarily indicative
of mineralization hosted on the Company's properties.
This news release contains forward-looking statements within the meaning of applicable securities laws.
The use of any of the words "anticipate", "plan", "continue", "expect", "estimate", "objective", "may",
"will", "project", "should", "predict", "potential" and similar expressions are intended to identify forward-
looking statements.
Although the Company believes that the expectations and assumptions on which the forward-looking
statements are based are reasonable, undue reliance should not be placed on the forward-looking
statements because the Company cannot give any assurance that they will prove correct. Since forward-
looking statements address future events and conditions, they involve 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 regulatory and shareholder approvals. Exploration activities in Yukon are subject to permitting
and regulatory approvals, seasonal access constraints, engagement with local communities and
Indigenous rights holders, and availability of financing.
Management has provided the above summary of risks and assumptions related to forward-looking
statements in this press release in order to provide readers with a more comprehensive perspective on
the Company's future operations.
The Company's actual results, performance or achievement could differ materially from those expressed
in, or implied by, these forward-looking statements and, accordingly, no assurance can be given that any
of the events anticipated by the forward-looking statements will transpire or occur, or if any of them do
so, what benefits the Company will derive from them. These forward-looking statements are made as of
the date of this press release, and, other than as required by applicable securities laws, the Company
disclaims any intent or obligation to update publicly any forward-looking statements, whether as a result
of new information, future events or results or otherwise.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in
policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this
release.
To view the source version of this press release, please visit
https://www.newsfilecorp.com/release/273404