Mr. Peter Miles reports

EXPLORATION UPDATE: GOLD STRIKE ONE, YUKON

Gold Strike Resources Corp. has completed the 2026 soil and rock sampling program on the Gold Strike One property, which is proximal to Snowline Gold's Valley gold deposit (see Gold Strike news release dated July 2, 2026).

Peter Miles, chief executive officer, stated: "Gold Strike has been busy over the past two months with some 40 people working on advancing our five properties in Yukon: GS1, GS2, Florin, RJ and FLR. We are now receiving data from our programs and expect to increase our news flow significantly over the next few months. GS1 is an important property for Gold Strike given its proximity to Snowline's Valley gold deposit, and we are pleased that our field crews have completed our 2026 program on GS1, which includes the discovery of an intrusive outcrop that we have sampled. Results are pending."

The intrusion is about 100 by 100 metres although exact boundaries are covered in scree or talus. It is plagioclase rich with notable euhedral lathy phenocrysts sometimes aligned, sometimes not. It has rare biotite as an accessory phase but generally lacks mafic minerals. Trace to 2 to 3 per cent subhedral interstitial pyrite in the ground mass is typical and has one-centimetre iron oxide weathered selvages along fractures that are generally steep roughly north-south. The intrusive is lacking magnetism, and the immediate sedimentary country rock has weak hornfels in select float (biotite in slatey mudstone) and is magnetic. Sampling was limited due to steep terrain. Future sampling will be undertaken by high-angle geologists.

The 374 soil samples and the 134 rock samples were collected along ridge lines and valley contours at a nominal 100-metre spacing and have been delivered to the laboratory where they await assay. Results will be reported when received.

Previous soil and rock sampling program highlighted zones where the soils are anomalous in gold and/or its pathfinder elements (arsenic, bismuth and antimony). This year's program filled in and obtained closer spacing in the gold anomalous zones, and sampled new areas giving the property a blanket coverage.

Gold Strike commissioned a 289.34-line-kilometre heliborne geophysical survey over the property, which has been completed. This low-level magnetic and radiometric survey flown at 100-metre line spacing will provide key data that will complement the geochemical results. The company will provide an update when the final data have been received and interpreted.

Technical information

The scientific and technical information in this news release has been reviewed and approved by David Kelsch, PGeo, a consultant to the company. Mr. Kelsch is a qualified person for the purposes of National Instrument 43-101 (Standards of Disclosure for Mineral Projects).

About Gold Strike Resources Corp.

Gold Strike is a mineral exploration and development company focused on building a gold mineral inventory within its highly prospective land package in the proven, but underexplored Tombstone gold belt, Yukon. The company holds a 100-per-cent interest in its five core Yukon properties: the Florin project, the FLR gold project, the RJ gold project, the Gold Strike One project and the Gold Strike Two project, which together represent a district-scale land package with multiple near-surface exploration targets. 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.

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