Mr. Peter Miles reports

GOLD STRIKE PROVIDES UPDATE ON TRANSACTION TO ACQUIRE FLORIN, FLR AND RJ GOLD PROJECTS

Further to the news releases dated March 3, 2026, and March 25, 2026, Gold Strike Resources Corp. has received conditional approval from the TSX Venture Exchange for its acquisition of three contiguous mineral projects located within the Tombstone gold belt, Yukon, Canada, being the Florin gold project, the FLR gold project and the RJ gold project from Lireca Resources Inc. and Lireca's affiliate, Florin Resources Inc.

In connection with the acquisition, the company is in the process of mailing its management information circular and related proxy materials to holders of common shares of the company in connection with the special meeting of shareholders to be held at 10 a.m. Vancouver time on April 30, 2026. The meeting materials are being mailed to shareholders of record as of March 24, 2026. At the meeting, shareholders (other than certain excluded shareholders) will be asked to consider, and if deemed advisable, approve the acquisition under the terms and conditions of the asset purchase agreement dated March 2, 2026, between the company and the Lireca Group.

The circular contains, among other things, details concerning the acquisition, the background to and reasons for the favourable recommendation of the acquisition, the requirements for the acquisition to become effective, procedures for voting at the meeting, and other related matters. Shareholders are urged to carefully review the circular and accompanying materials as they contain important information regarding the acquisition and its consequences to shareholders.

A copy of the circular and related proxy materials will be made available under the company's SEDAR+ profile.

Closing of the acquisition is subject to minority shareholder approval, receipt of all necessary regulatory approvals, including final approval of the exchange, and other customary closing conditions, and is expected to occur in May, 2026.

About Gold Strike Resources Corp.

Gold Strike 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.

We seek Safe Harbor.