Goldstrike Commences District Scale Exploration Program ON Plateau Property
TSX-V: GSR
APRAF.PK
Frankfurt: KCG1
GOLDSTRIKE RESOURCES LTD.
1300 - 1111 West Georgia Street
Vancouver, British Columbia
Canada, V6E 4M3
Telephone: 604 681 1820
Facsimile: 604 681 1864
IR: 604 210 2150
GoldStrikeResources.com
Twitter.com/GoldstrikeRes
GOLDSTRIKE COMMENCES DISTRICT SCALE EXPLORATION PROGRAM ON PLATEAU PROPERTY
June 12 , 2017 – Goldstrike Resources Ltd. (GSR.V) is pleased to announce that it has, in conjunction
with its new strategic partner , a Canadian subsidiary of Newmont Mining Corp oration (NYSE: NEM),
commenced the most comprehensive exploration program to date on the Plateau property, situated in
Central Yukon, 130 kilometres southeast of Mayo.
The program has been initiated with a close-spaced helicopter geophysical survey covering the entire
~571 square kilometre Plateau property , utilizing Newmont ’s proprietary system. The results of that
survey will be augmented with high resolution Radarsat-2 “bare-rock” surface mapping and half meter
resolution satellite imagery to facilitate interpretation of the structural geology of the 50 kilometre long,
district scale, gold mineralized corridor defined to date.
Goldstrike and Newmont have also commenced a program on large untested portions of the property
using Newmont’s proprietary reconnaissance geochemistry (BLEG) technique. These technologies and
methodologies have been refined through use on a multitude of properties around the globe and come
with a proven track record of success that will greatly enhance Goldstrike's ability to discover additional
gold mineralization on the Plateau property.
Two float-plane accessible camps, complete with docks, will host the Newmont and Goldstrike technical
teams and drilling crews that will carry out follow-up surveys and diamond drilling at Goldstack as well as
other newly discovered areas containing high grade gold mineralized quartz veining and breccia systems
such as “Big-Bang" and "Bonanza". These and several other new gold showings were discovered in 2016,
expanding the known extent of the district scale gold mineralized corridor from 25 kilometres to 50
kilometres. Ground geophysical and geochemical surveys will also be executed to further define the
extent of gold mineralization on multiple zones within this corridor in preparation for the largest drill
campaign to date.
ABOUT GOLDSTRIKE
Goldstrike is a well- funded exploration company with a focus on two projects in Yukon. It recently
entered into a strategic alliance with a Canadian subsidiary of Newmont Mining Corporation to carry out
a comprehensive, multi -year exploration program on i ts Plateau property , and with funding from
Newmont and a Yukon YMEP grant added to proceeds from prior financings and the exercise of
warrants, Goldstrike has the funding required to carry out a comprehensive 2017 program on it s Lucky
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Strike property and i ts two newly staked properties in the White Gold District. The Fraser Institute
currently ranks Yukon as the No. 1 jurisdiction in the world for mineral potential.
The Plateau property covers ~ 571 square kilometres (5,700 hectares) in the Mayo Mining Dist rict and
contains a district scale gold -mineralized system known as the Yellow Giant Trend. It is 100% owned by
Goldstrike subject to a 3% NSR, of which one-third (1%) may be purchased for C$1,500,000 until March
22, 2020.
The Lucky Strike property is located in the White Gold District, 30 kilometres northwest of Goldcorp’s
Coffee Creek gold deposit and 10 to 15 kilometres east of Kinross’ Golden Saddle gold deposit. Goldstrike
owns a 100% interest in the Lucky Strike, BRC, Kings Ransom and Goldsource properties free and clear of
all encumbrances, including royalties. Goldstrike’s Yukon land holdings, including those in the White
Gold District, now total 4,704 claims covering over 1,000 square kilometres.
Goldstrike is commi tted to transparency and the promotion of health, safety, environmental and
community interests, which are integral to the conduct of its business. The Company supports the rights
of workers and the communities in which it operates. It respects the traditional rights and culture of the
First Nations and their concern for the environment and preservation of their cultural heritage. The
Company is committed to building relationships based on honesty, openness, mutual trust and
involvement, and to working with local communities to develop relationships that focus on creating
value for everyone. WORKING TOGETHER, WE SUCCEED.
To see additional information and maps of the Plateau Property and the n ew White Gold District assets,
the Kings Ransom and Goldsource properties, please visit www.goldstrikeresources.com
James Moors, P . Geo., Chief Geologist, is a qualified person, as defined by National Instrument 43 -101,
for Goldstrike's Yukon exploration projects and supervised the preparation of, and has reviewed and
approved, the technical information in this release.
ON BEHALF OF THE BOARD
Terrence E. King
President and Chief Executive Officer
For new information from th e Company’s programs, please visit Goldstrike’s website at
GoldstrikeResources.com. For further information follow the Goldstrike ’s tweets at
Twitter.com/GoldstrikeRes or contact Jeff Stuart of King James Capital Co rporation, handling Investor
Relations for the Goldstrike , by telephone at (604) 210 -2150 or by email at
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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Forward-Looking Statements
Statements contained in this news release that are not historical facts are "forward-looking information"
or "forward -looking statements" (collectively, "Forward -Looking Information") within the meaning of
applicable Canadian securities legislation and the United States Private Securities Litigation Reform Act
of 1995. Forward -Looking Information includes, but is not limited to, disclosure regarding possible
events, conditions or financial performance that is based on assumptions about future economic
conditions and courses of action; and the plans for completion of the contemplate d transactions with
Newmont as set out above. In certain cases, Forward-Looking Information can be identified by the use of
words and phrases such as "anticipates", "expects", "understanding", "has agreed to" or variations of
such words and phrases or sta tements that certain actions, events or results "would", "occur" or "be
achieved". Although Goldstrike has attempted to identify important factors that could affect Goldstrike
and may cause actual actions, events or results to differ materially from those described in Forward-
Looking Information, there may be other factors that cause actions, events or results not to be as
anticipated, estimated or intended. In making the forward- looking statements in this news release, if
any, Goldstrike has applied several material assumptions, including the assumption that general business
and economic conditions will not change in a materially adverse manner. There can be no assurance that
Forward-Looking Information will prove to be accurate, as actual results and fu ture events could differ
materially from those anticipated in such statements. Accordingly, readers should not place undue
reliance on Forward -Looking Information. Except as required by law, Goldstrike does not assume any
obligation to release publicly any revisions to Forward -Looking Information contained in this news
release to reflect events or circumstances after the date hereof or to reflect the occurrence of
unanticipated events.