Mr. Peter Miles reports

GOLD STRIKE PROVIDES UPDATE ON GOLD STRIKE ONE AND GOLD STRIKE TWO PROPERTIES, YUKON

Further to the news release of Oct. 28, 2025, detailing rock sample results from Gold Strike Two, Gold Strike Resources Corp. has received 33 rock sample results from Gold Strike One and 113 soil sample results from GS2.

Grab rock sample results from GS1 corroborate and improve previous sampling done by the vendor, Lireca Resources Inc. The 2024 Lireca data referenced herein are historical in nature and have been reviewed by the company's qualified person to the extent possible. Verification was limited to the available records and partial corroboration through Gold Strike's 2025 sampling. Soil sample results from GS2 confirm and enhance the rock sample results reported earlier. In general, the initial exploration on GS2 and due diligence of GS1 show gold and pathfinder elements consistent with the reduced intrusion-related gold systems model in both land packages. Grab samples are selective samples meant to confirm the presence of gold. Grab samples are not indicative of the average grade of mineralization.

Peter Miles, chief executive officer, stated: "We are pleased to see that our due diligence visit to GS1 and our initial, limited exploration of GS2 confirm and enhance our thesis that both properties are highly prospective for RIRGS-type gold systems. Given the proximity of GS1 to Snowline Gold's Valley deposit, we are encouraged to see an over-three-gram gold rock sample from our limited due diligence sampling. The company looks forward to a significantly more expansive exploration program on these properties in 2026."

In August, 2025, Gold Strike's exploration team visited GS1 to conduct due diligence sampling and to familiarize themselves with the property, its geology and how it relates to Snowline Gold's proximal Valley deposit. The company is pleased to note that the rock sampling confirmed and enhanced previous work done on the property with the highest of 33 samples returning 3.33 grams per tonne and 0.583 g/t Au from the northwestern corner of GS1.

Soil sampling at GS2 focused on the Iron Sentinel prospect identified by Lireca and confirmed by the 2025 rock samples reported in the Oct. 28, 2025, news release. Soil sampling assays reported up to 68 parts per billion gold, 3.25 parts per million silver, 894 ppm arsenic, eight ppm bismuth and 31 ppm molybdenum, averaging above 20 ppb Au over an 800-metre-by-200-metre zone open in all directions. Soil sampling was conducted on a reconnaissance basis. Grid spacing and soil horizon were selected to provide broad coverage, and the anomalous area remains open in all directions.

Soil sampling elsewhere confirmed Bi, As and tungsten anomalies at the Tor, Hornfels and Corner Store prospects. This work confirms that the company can use sampling of talus fines as a tool to define future drill targets. Future exploration programs are expected to focus on these areas.

Quality assurance/quality control

Samples were freighted by chain of custody to the ALS Global preparation lab in Terrace, B.C., and were processed and then sent for assay in Vancouver, B.C. ALS Global is an independent ISO 9001 and ISO/IEC 17025 certified geochemistry laboratory. The approximately two-kilogram rock samples were crushed to less than two millimetres 70 per cent then split to 250 grams and pulverized to less than 75 micrometres (85 per cent passing), and then a 30-gram sample was split for fire assay (Au-ICP21) with a ICP-AES finish for gold, and a 0.25-gram sample for multielement ICP MS used a four-acid digestion (ME-MS61). The soil samples were dried and then screened to minus 180 micrometres, and 25 grams of this sample underwent a multielement supertrace process (AuME-ST43), a four-acid digest multielement supertrace ICPMS package. The lab submits internal standards, duplicates and blanks, and all of these reported within their expected limits. In addition to the laboratory's internal QA/QC, Gold Strike inserted external blanks and standards at appropriate intervals during sampling. Results were within acceptable ranges for the purposes of this early-stage program.

Technical information

The technical information in this news release was prepared under the supervision of David Kelsch, PGeo. Mr. Kelsch is a qualified person for the purposes of National Instrument 43-101 (Standards of Disclosure for Mineral Projects), and has reviewed and approved the technical information disclosed in this news release. Mr. Kelsch is independent of the company for the purposes of NI 43-101. Mr. Kelsch has verified the data disclosed herein, including review of sampling procedures, chain of custody and assay certificates, and conducted a site visit to GS1 and GS2 in August, 2025. Verification was limited to the scope of the 2025 program and available records.

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.

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