Goldstrike Drills 3.04 grams per tonne gold over 7.73 m in the White Gold District – Yukon
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 Drills 3.04 grams per tonne gold over 7.73 m in the
White Gold District – Yukon
January 16, 2018 – Goldstrike Resources Ltd. (GSR.V) is pleased to report the results from the final hole
of the 2017 Lucky Strike drill campaign. Hole DDLS-17-08 returned 3.04 g/t Au over 7.73 metres
(including 1.52 metres of 14.0 g/t Au) in diamond drill core. DDLS-17-08 was drilled at an azimuth of
2300 and was collared 40 metres west of discovery hole DDLS-17-09 that returned 5.36 g/t Au over 22
metres. DDLS-17-09 was drilled at an azimuth of 1800 (Table 1).
Goldstrike successfully completed 1,032 m of diamond drilling in nine shallow exploratory holes that
constituted the 2017 drill program at Lucky Strike . All nine holes successfully intersected gold
mineralization (Map 1 – Drill Plan). All assay results from 2017 have now been reported. The
mineralized zone remains open at depth and in all directions. This drill program utilized HTW large
diameter size core to optimize recovery due to the brittle and highly oxidized nature of the near surface
gold mineralization. Additional maps and sections can be viewed at: Lucky Strike Project.
Based on the success of this first pass exploratory drill program and with its advanced exploration
permit in place, Goldstrike is currently planning for the largest exploration program in the history of the
Lucky Strike property. The team is currently compiling the large volume of data acquired in 2017 in
preparation for phase two exploration and drilling. The data compilation includes geophysics,
geochemistry, mapping and high resolution airborne photography, and 3D property-wide terrane
modeling that will allow advanced targeting methods along the 10 km Lucky Strike gold corridor.
Gold mineralization is exposed at surface in the Monte Carlo Zone in a series of silicified and heavily
oxidized zones that have a subtle linear topographic expressions and a strong geochemical association
with silver, bismuth, tellurium, mercury, antimony, molybdenum and copper.
The Monte Carlo Zone is one of five large gold-in-soil anomalies along a 10 kilometre trend on the
property and measures 1450 m by 450 m . Only the Monte Carlo zone has been drill tested to date. All
five zones have been defined by a combination of soil geochemistry, mechanized trenching and
prospecting, and are coincident with ground and airborne geophysical anomalies. The four other large
gold-in-soil anomalies are the Belmont zone, measuring 1,500 by 800 meters, the Samson zone,
measuring 600 by 300 meters, the Boss zone, measuring 1,000 by 1,000 meters, and the Maverick zone,
measuring 200 by 150 meters. All five zones remain open. Collectively, this gold mineralized trend is
coincident with a magnetic geophysical anomaly which is believed by the Company’s geological team to
represent a regional scale shear zone, providing for additional strong discovery potential on the Lucky
Strike property. The Lucky Strike property covers over 150 square kilometers and remains largely
unexplored.
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Table 1 – Drill highlights from the 2017 program.
Drill Hole ID From (m) To (m)
Interval Length
(m)1 Au (g/t)
DDLS-17-082 6.1 13.83 7.73 3.04
Drill Hole ID From (m To (m)
Interval Length
(m)1 Au (g/t)
DDLS-17-092 13 35 22 5.36
INCLUDING
28 33.72 5.72 18.79
Drill Hole ID From (m) To (m)
Interval Length
(m)1 Au (g/t)
DDLS-17-07 18 23 5 1.30
Drill Hole ID From (m) To (m)
Interval Length
(m)1 Au (g/t)
DDLS-17-02 18 27.55 9.55 1.33
Drill Hole ID From (m) To (m)
Interval Length
(m)1 Au (g/t)
DDLS-17-06 26 28.15 2.15 5.12
Drill Hole ID From (m) To (m)
Interval Length
(m)1 Au (g/t)
DDLS-17-05 25.75 27.22 1.47 1.06
Drill Hole ID From (m) To (m)
Interval Length
(m)1 Au (g/t)
DDLS-17-033 19.2 30 10.8 0.61
Drill Hole ID From (m) To (m)
Interval Length
(m)1 Au (g/t)
DDLS-17-012 18.29 21.86 3.57 1.75
Drill Hole ID From (m) To (m)
Interval Length
(m)1 Au (g/t)
DDLS-17-04 113.8 114.07 0.27 0.51
1True thickness of mineralized zone unknown
2Drill recovery locally below 50% in some samples
3Drill recovery locally below 30% in some samples
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STATEMENTS
Message from Terry King, President and CEO:
“The Lucky Strike property is a unique and very attractive asset with excellent infrastructure, including
an airstrip. The property is 100% owned without the burden of any underlying royalties or property
payments, and is strategically located along the planned haul road to Goldcorp’s Coffee Creek gold
deposit. The results to date demonstrate that the project is one of the most important new gold
discoveries in the White Gold Camp in 2017 and has all the makings for a flagship standalone project. We
are now finalizing our 2018 plans and look forward to optimizing the project’s value for our
shareholders. With the largest drill and exploration campaign to date being laid out for Lucky Strike, the
2018 season promises to be an exciting time for this project.”
OTHER
Sample analysis and assaying for all of Goldstrike's projects have been conducted by Bureau Veritas
Mineral Laboratories Canada (formerly Acme Analytical Laboratories Ltd) in Vancouver, BC, which is ISO
9001 accredited laboratory. Rock and drill core samples are crushed, split and pulverized to 250 g pulp,
200 mesh. Analysis includes AQ200 modified 1:1:1 aqua regia (HCl-HNO3-H20) digestion and 36-
element ICP-MS which includes semi-quantitative gold with a lower detection limit of 0.5 ppb Au and an
upper detection limit of 100 ppm Au. In addition gold content is analysed using the ICP-ES FA350-Au fire
assay procedure. Over-limit samples are analysed using the FA530-Au fire assay with gravimetric finish
and FA652-Au metallic screen fire assay procedures. Rigorous procedures are in place regarding sample
collection, chain of custody and data entry. Certified QA/QC assay standards samples and blanks are
routinely inserted into the sample stream to ensure integrity of the assay process.
Stefan Kruse, Ph.D., 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.
Please visit the Company’s website at http://www.goldstrikeresources.com to see new maps and drill
sections under what's new on the home page.
ON BEHALF OF THE BOARD
Terrence E. King
President and Chief Executive Officer
For new information from the 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 Corporation, handling Investor
Relations for the Goldstrike, by telephone at (604) 210-2150 or by email at
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policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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; expectations regarding future exploration and drilling programs and
receipt of related permitting; and the plans for completion of the contemplated 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 statements 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 future 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.