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 LocationÂ
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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
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.