Mr. Peter Miles reports
GOLD STRIKE ANNOUNCES MAGNETIC SURVEY RESULTS IDENTIFYING EXPLORATION TARGETS AT GOLD STRIKE ONE PROPERTY, YUKON
Gold Strike Resources Corp. has received final magnetic data from its 286.71-line-kilometre 100-metre line-spaced helicopter survey completed mid-August on its Gold Strike One property, proximal to Snowline Gold Corp.'s Valley gold deposit.
"Gold Strike is pleased to receive the data from our recent approximately 290-line-kilometre survey over GS1," commented Peter Miles, chief executive officer of Gold Strike. "Understanding that reduced-intrusion-related gold systems occur in clusters, it is our premise that GS1's proximity to Snowline's Valley deposit offers a considerable exploration opportunity. Data from this survey is encouraging as it reveals a geophysical signature to our newly discovered intrusion at GS1 along with other similar geophysical signatures that may or may not be exposed at surface (daylight), in close proximity to the Valley deposit."
The company reported that its field crew had located an approximately 100-metre-by-100-metre intrusion in the southeastern part of GS1 (see news release dated Aug. 24, 2026). Gold Strike is encouraged to observe magnetic data showing a distinct magnetic high anomaly coincident with this intrusion. Field notes indicate that the intrusion itself contained no magnetic minerals, but the surrounding hornfels do. The company's team took numerous float and grab samples of the hornfels and intrusion, which are at the laboratory awaiting assaying. There are other intense magnetic highs in the data set that may also represent hornfels surrounding similar intrusives.
Northwest of the intrusion, there is a distinct magnetic low that has similar characteristics to the signature over the Valley deposit. Field crews will explore this area for evidence of an additional intrusive in the next exploration program.
Other features in the data also require ground follow-up. Examples are the fault or dike-like linear features.
The previous soil and rock sampling program highlighted zones where the soils are anomalous in gold and/or its pathfinder elements (arsenic, bismuth and antimony). The 2026 program, comprising 374 soil samples and 134 rock samples, filled in and obtained closer spacing in the gold anomalous zones and sampled new areas, giving the property blanket coverage. Results of this sampling program are pending.
Marketing service agreement
The company also announces that it has entered into a marketing service agreement with The New Beverley Group Inc., a company controlled by Justin Kuhn, dated effective Sept. 10, 2026.
Pursuant to the marketing agreement, the New Beverley Group will provide marketing services to the company, including social media engagement and advertising in Germany and North America, for a period of three months commencing on Sept. 10, 2026. The company will pay the New Beverley Group a cash fee of $150,000 (U.S.), plus applicable tax, payable in three equal instalments of $50,000 (U.S.), as follows: (a) the first instalment shall be due and payable in advance, prior to commencement of services, upon TSX Venture Exchange acceptance of the marketing agreement; (b) the second instalment shall be due and payable 30 days following the date on which the first instalment is due; and (c) the third instalment shall be due and payable 60 days following the date on which the first instalment is due. No stock options or other securities will be issued to the New Beverley Group as compensation for its marketing services.
The New Beverley Group is based out of Vancouver, B.C. The principal of the New Beverley Group is Justin Kuhn. The marketing agreement remains subject to approval of the TSX-V. To the knowledge of the company, neither the New Beverley Group nor its principal, Mr. Kuhn, has a direct or indirect interest in any common shares of the company. The New Beverley Group and Mr. Kuhn operate at arm's length to the company.
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, who has verified the data underlying such information. 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 advancing high-potential gold opportunities 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 well positioned to leverage past exploration successes to create shareholder value.
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