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TBK.V ·

Goldstrike Resources Announces NAME Change to Trailbreaker Resources

Corporate Actions

GOLDSTRIKE RESOURCES ANNOUNCES NAME CHANGE TO TRAILBREAKER RESOURCES

March 17, 2021 – Goldstrike Resources Ltd. (GSR.V) (Goldstrike) is pleased to announce it will be changing

its name to Trailbreaker Resources Ltd. The company’s new trading symbol will be TBK.V and its new

CUSIP number will be CA89279P1018. Trading on the TSXV under the new symbol will be effective at

market opening on March 22, 2021.

The new name of Trailbreaker Resources represents the company’s changing focus to a developing a n

evolved brand of district-scale discoveries in safe jurisdictions.

Daithi Mac Gearailt, CEO, states , “Over the past 10 years the group behind Goldstrike Res ources has

explored grassroot projects that were focused exclusively in the Yukon Territory. The Goldstrike story was

one of many great discoveries and successes including forming a strategic partnership with a major mining

company. As successful as this story has been, it is now time to start a new chapter. The Trailbreaker

group has a unique talent for finding and exploring prospective areas that have been overlooked for

various reasons and proving the y have district scale potential. The name Trailbreaker better represents

this renewed focus and philosophy, and we are excited to move forward with this new brand and create

value to our share holders.”

The recent discoveries in 2020 of the Willie Jack , Skelly, and McMurdo projects in British Columbia

exemplify the direction of Trailbreaker Resources. These properties are 100%-owned with no underlying

payments or royalties. Results from last years first-pass exploration programs can be found in Goldstrike’s

2020 news releases:

Willie Jack: Goldstrike samples 164 grams per tonne gold and 257 grams per tonne silver at Willie Jack and

proves widespread gold mineralization over 6 kilometers.

Skelly: Goldstrike samples 35.5 grams per tonne gold and 488 grams per tonne silver at Skelly proper ty,

northern BC.

McMurdo: Goldstrike samples 176 grams per tonne (5.13 oz/ton) gold at McMurdo prop erty, southern

British Columbia, Canada.

Exploration plans for these projects and more will be released in the coming weeks.

TSX-V: GSR

APRAF.PK

Frankfurt:KCG1

GOLDSTRIKE RESOURCES LTD.

1040 W Georgia St #1500

Vancouver, British Columbia

Canada V6E 4H1

Telephone: 604 681 1820

Facsimile: 604 681 1864

https://www.goldstrikeresources.com

https://twitter.com/GoldstrikeRes

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The Plateau property in Yukon Territory remains a highly significant asset in the company’s portfolio and

Trailbreaker is currently exploring various options to further unlock its value.

A new website for Trailbreaker Resources is underway and will be located at TrailbreakerResources.com

ON BEHALF OF THE BOARD

Daithi Mac Gearailt

President and Chief Executive Officer

For new information about the Company’s pro jects, please visit Trailbreaker’s website at

TrailbreakerResources.com and sign up to receive news. For further information , follow Trailbreaker’s

tweets at Twitter.com/TrailbreakerRes, use the ‘Contact’ section of our website, or contact us at (604) 681-

1820 or at [email protected].

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.

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 r elated

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", "understandin g", "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.