Mr. Reimar Koch reports

GOLDSTRIKE COMPLETES $1,455,199.20 FINANCING

Goldstrike Resources Ltd.'s non-brokered private placement announced on Nov. 11, 2011, and Dec. 16, 2011, completed on Dec. 22, 2011, increased slightly from the 2,418,000 shares previously announced to a total of 2,425,332 shares. The company raised gross proceeds of $1,455,199.20 by issuing 2,325,332 flow-through shares at the price of 60 cents and 100,000 non-flow-through shares at the price of 60 cents each.

The company has paid to Aberdeen Gould Capital Markets Ltd. and its selling group, in total, cash finders' fees totalling $87,311.96, which is equal to 6 per cent of the gross proceeds from the offering. In addition, the company has issued finders' warrants exercisable to purchase 145,520 shares, which is equal to 6 per cent of the number of shares issued by the company pursuant to the offering. Each finders' warrant is exercisable at the price of 60 cents until Dec. 22, 2013. All shares issued pursuant to the offering and any shares issued pursuant to the exercise of finders' warrants will be subject to a four-month hold period expiring at midnight on April 22, 2012.

The proceeds from the flow-through portion of the offering will be used for exploration of the company's Yukon mineral properties. The proceeds from the non-flow-through portion of the offering will be used for general working capital.