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January 24, 2019 – Goldstrike Resources Ltd. (GSR.V) announces that Newmont has elected to discontinue its option to earn an interest in Goldstrike’s 100% owned Plateau Property, Yukon.

“We would like to thank Newmont for its investment and collaboration in sharing its technologies and knowledge with Goldstrike over the past two years,” said President and CEO Terrence King. “Although the Plateau Project currently may not meet the corporate thresholds at Newmont, the extensive data base indicates this district scale system remains a highly prospective exploration asset in a top tier jurisdiction. With plenty of working capital and no debt, Goldstrike remains well positioned for the future.”

ON BEHALF OF THE BOARD

Terrence E. King
President and Chief Executive Officer

For new information from the Company’s programs, please visit Goldstrike’s website at GoldstrikeResources.com. For further information follow the Goldstrike’s tweets at Twitter.com/GoldstrikeRes or contact Jeff Stuart of King James Capital Corporation, handling Investor Relations for the Goldstrike, by telephone at (604) 210-2150 or by email at jstuart@kingjamescapital.com.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Trailbreaker Resources Ltd. | Canadian-based mining exploration company focused on gold exploration in North America
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