Mr. Peter Berdusco reports

GUYANA GOLDSTRIKE INITIATES WORK ON UPDATED MINERAL RESOURCE ESTIMATE FOR MAZOA HILL ZONE AT MARUDI GOLD PROJECT, GUYANA

Guyana Goldstrike Inc. has entered into an agreement with Global Mineral Resource Services to complete and deliver a mineral resource estimate for the Mazoa Hill zone at the company's Marudi gold project, Guyana, South America.

The estimate will be disclosed within a technical report prepared in accordance with National Instrument 43-101. There have been 9,666 metres of historic diamond drilling (54 holes) completed on Mazoa Hill by prior operators that resulted in a historical mineral resource estimate.

The strategy of the company is to bring the historical work current and to continue to evaluate the project for additional ounces from the current zones and through the discovery of new zones.

About the Marudi gold project

The project, located in Guyana, South America, is unique in that it has three known gold-bearing areas, specifically the alluvial areas, the saprorlite overburden and the underlying hard-rock. There has been 42,000 metres of historic diamond drilling (141 holes) completed on the project by prior operators. This work has delineated historical mineral resource estimates on the project.

For information concerning these estimates and the project, readers are encouraged to review "NI 43-101 Technical Report on the Marudi Property, Guyana," a technical report prepared for the company by Derrick Strickland, PGeo, and is available on the company's website and under the company's profile on SEDAR. There exists excellent exploration upside through the development of previously identified, highly prospective mineralized targets on the project. The project has a mining licence in good standing, all-season road access, infrastructure in place, with an established mining camp serviced by employees, service buildings and a full-time mining manager.

The company considers these estimates to be historical, and cautions that a qualified person has not done sufficient work to classify the historical estimates as current mineral resources or mineral reserves in accordance with National Instrument 43-101.

The company does consider these historical estimates to be relevant as they may indicate the presence of gold mineralization and favourable geology.

Qualified person

Locke Goldsmith, MSc, PEng, PGeo, chief geologist and exploration manager for the company, is a qualified person in accordance with National Instrument 43-101 -- Standards of Disclosure for Mineral Projects. Mr. Goldsmith has reviewed and approved the scientific and technical content of this news release.

About Guyana

The Republic of Guyana is located in South America between Venezuela and Suriname. The country is English speaking under British common law with a democratically elected government. It has an established mining act and a rich history of gold production. In 2013, 458,000 ounces of gold were produced by operators mining in the country.

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