Highlights:

• Goldstrike’s six 100% owned properties with no underlying royalties or property payments in the White Gold District, Yukon to be spun-out as a standalone public company, Luckystrike Resources Ltd.
• Transaction intended to maximize value, allowing the White Gold District properties to be advanced on a standalone basis, while giving shareholders the optionality of participating in both companies.
• On completion, Luckystrike will have a strong balance sheet with a $2.5 million investment from Goldstrike as well as potential additional third-party private placement financing of up to $2.5 million.
• Goldstrike shareholders to receive Luckystrike shares on a 1 for 7 basis. On a pro forma basis, Goldstrike shareholders are expected to own approximately 76% and Goldstrike is expected to own approximately 24% of the outstanding Luckystrike shares.

May 16, 2018 – Goldstrike Resources Ltd. (“Goldstrike” or the “Company“) (GSR.V) is pleased to announce the proposed spin-off of its six 100% owned properties located in the White Gold District, Yukon by way of a plan of arrangement (the “Arrangement“) under the Business Corporations Act (British Columbia).

In furtherance thereof, the Company has entered into an arrangement agreement (the “Agreement“) with Luckystrike Resources Ltd. (“Luckystrike”), a wholly-owned subsidiary of the Company. Pursuant to the Arrangement, among other things:

Goldstrike shareholders will receive one common share of Luckystrike (a “Luckystrike Share“) for every seven common shares of Goldstrike held; and
Luckystrike will indirectly acquire the Company’s six 100% owned White Gold District properties, being the Lucky Strike, Hotspot, the Bull’s Eye, BRC, Gold Source and King’s Ransom properties.

In addition, prior to completion of the Arrangement, Goldstrike will invest an aggregate of $2.5 million in Luckystrike, by subscribing for 8,333,334 units (the “Units”) of Luckystrike at a subscription price of $0.30 per Unit, with each Unit consisting of one Luckystrike Share and one warrant exercisable into a Luckystrike Share at a subscription price of $0.60 or such other price as may be acceptable to the Company and Luckystrike for a period of three years after closing, subject to acceleration if the Luckystrike Shares trade at a price of $1.00 or more for 10 consecutive trading days. The Agreement also contemplates the completion of an additional non-brokered private placement of subscription receipts by Luckystrike in the amount of up to $2.5 million, with each Subscription Receipt converting into Units upon closing of the Arrangement.

The board of directors of Goldstrike has determined that the Arrangement is in the best interests of Goldstrike. Among other things, the separation of the White Gold District properties into a separate public company will position such assets to be valued on a standalone basis. In addition, the transaction will allow Goldstrike management to focus their efforts on the Company’s existing strategic partnership regarding the Plateau project with Newmont Mining Corporation with Luckystrike’s management focused on exploring and developing the White Gold District properties.

Terrence King, Chairman, President and Chief Executive Officer of Goldstrike stated: “We are pleased to announce the Arrangement, which we believe will help unlock and maximize value for our shareholders. On completion, Luckystrike will be positioned well to advance our efforts in the White Gold District, with a strong balance sheet and experienced management team. We look forward to updating shareholders on this transaction as it progresses.”

The Company intends to apply for a listing of the Luckystrike Shares on the TSX Venture Exchange (the “TSX-V”). Any such listing will be subject to Luckystrike fulfilling all of the requirements of the TSX-V.

It is currently expected that the directors of Luckystrike on completion of the Arrangement, will consist of William Chornobay, Yilu (Lucy) Zhang, Terrence King, Reimar Koch and Ewan Webster, with Mr. Chornobay acting as President and Chief Executive Officer and Ms. Zhang acting as Chief Financial Officer.

In addition, pursuant to the Arrangement, holders of Goldstrike options and warrants will exchange such securities for new options and warrants of Goldstrike and Luckystrike, which are exercisable into shares of such companies on their existing terms with necessary adjustments for the Arrangement based on the proportionate value of the White Gold District properties.

The Arrangement is expected to be effected by way of a plan of arrangement under the Business Corporations Act (British Columbia) and remains subject to customary conditions, including, among other things, the approval by the TSX-V, approval by an affirmative vote of 66 2/3% of shareholders of Goldstrike in attendance at a shareholders’ meeting, and approval of the Supreme Court of British Columbia.

Additional details of the Arrangement will be included in the information circular to be mailed to shareholders of Goldstrike in connection with the Company’s shareholders meeting referred to above.

ON BEHALF OF THE BOARD

Terrence E. King Chairman, President and

Chief Executive Officer

For new information from the Company’s programs, please visit Goldstrike’s website at GoldstrikeResources.com 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.

Forward-Looking Statements

Statements contained in this news release that are not historical facts are “forward-looking information” or “forward-looking statements” (collectively, “Forward-Looking Information”) within the meaning of applicable Canadian securities legislation. Forward-Looking Information includes, but is not limited to, the timing and completion of the Arrangement and proposed financings of Luckystrike, the satisfaction of the conditions under the Agreement and the expected benefits of the Arrangement. In certain cases, Forward-Looking Information can be identified by the use of words and phrases such as “anticipates”, “expects”, “understanding”, “has agreed to” or variations of such words and phrases or statements that certain actions, events or results “would”, “occur” or “be achieved”. Although Goldstrike has attempted to identify important factors and risks that could affect Goldstrike and may cause actual actions, events or results to differ materially from those described in Forward-Looking Information, there may be other factors and risks that cause actions, events or results not to be as anticipated, estimated or intended, including, without limitation: not receiving the requisite shareholder or regulatory approvals for completion of the Arrangement or otherwise satisfying the conditions thereto; failure to complete the proposed financings on acceptable terms or at all; inherent risks involved in the exploration and development of mineral properties; the uncertainties involved in interpreting drill results and other exploration data; the potential for delays in exploration or development activities; the geology, grade and continuity of mineral deposits; the possibility that future exploration, development or mining results will not be consistent with Goldstrike’s expectations; accidents, equipment breakdowns, title and permitting matters; labour disputes or other unanticipated difficulties with or interruptions in operations; fluctuating metal prices; unanticipated costs and expenses; uncertainties relating to the availability and costs of financing needed in the future, including to fund any exploration programs on its projects; that Goldstrike may not be able to confirm historical exploration results and other risks set forth in Goldstrike’s public filings at www.sedar.com. In making the forward-looking statements in this news release, Goldstrike has applied several material assumptions, including the assumption that general business and economic conditions will not change in a materially adverse manner. There can be no assurance that Forward-Looking Information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on Forward-Looking Information. Except as required by law, Goldstrike does not assume any obligation to release publicly any revisions to Forward-Looking Information contained in this news release to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.

April 30, 2018 – Goldstrike Resources Ltd. (GSR.V) is pleased to provide details of the 2018 exploration plans for its 662 km2 Plateau Property in Canada’s Yukon territory.

The 2018 program will be fully funded by Newmont Mining Corporation (NYSE: NEM) through its Canadian mining division. The program, agreed at the April 24, 2018 JV meeting between Goldstrike and Newmont, will include up to 10,000 meters of diamond drilling focused on multiple high quality targets identified in 2017 utilizing Newmont’s proprietary technologies. Based on the 2017 data, follow-up exploration is also planned for areas that indicate significant exploration potential on both newly staked claims and extensive areas of the original property that remain under-explored. The 2018 diamond drill program is anticipated to be the largest to date, and is expected to exceed all historical drilling meters combined. Details of the strategic alliance between Goldstrike and Newmont can be found in the Company’s March 6, 2017 news release.

Diamond drilling will take place on up to nine target zones along the 70 km long, district-scale property. Primary targets include Goldstack, Gold Dome, Gold Rush, Big Bang and Devils Gate. See new Plateau Showings map under “WHAT”S NEW” on Goldstrike’s website.

Goldstack:

Previous drill results at Goldstack include 13.25 g/t Au over 17.5 metres (September 9, 2015 news release). Over 3,600 metres have been drilled in the zone since 2012. Drilling in 2018 will focus on extending the mineralization that remains open along strike to the west and down dip.

Gold Dome:

Previous drill results at Gold Dome include 7.60 g/t Au over 9.03m (September 9, 2013 news release). Over 1,200 metres have been drilled at the zone since 2013. Drilling in 2018 will have two objectives:

extending known mineralization discovered in previous drill programs that remains open; and
exploring a previously untested area approximately 500 metres to the south, characterized by anomalous gold and arsenic soil geochemistry.

Gold Rush (Plateau North):

The Gold Rush area was the primary focus of exploration in 2012. Since then, discoveries made on Plateau South shifted the company’s focus away from this area. The 2017 program marked the first time since 2012 the Plateau North was drilled. Extensive soil sampling was completed in the area, extending previously known anomalies and defining new ones. Of the approximately 1,400 soil samples collected

in and around the Goldrush area, 22 samples contained greater than one gram of gold per tonne. One highly anomalous soil sample contained 26 grams of gold per tonne. A two kilometre long trend has been tightly defined by soil samples with anomalous gold, arsenic and antimony. Reconnaissance soil sampling in the area indicated other, loosely defined trends. Rock grab samples have assayed up to nine grams of gold per tonne. The 2017 airborne EM and LiDAR surveys also defined multiple structures along the Gold Rush trend. Diamond drilling in 2018 will focus on drilling these geochemical and geophysical anomalies within the Gold Rush trend.

Other potential 2018 drill targets include:

• Big Bang East
• Goldbank area
• Devil’s Gate area (Plateau North)
• Gold Rush West
• Bonanza North
• Goldback (south of Goldstack)

Goldstrike will continue with update news releases as the Plateau program commences.

White Gold Properties

Thanks to the strategic partnership with Newmont, Goldstrike now has the ability to proceed to unlock value from its 100 percent owned properties located in the White Gold District. Exploration plans in 2018 for those properties include drilling the Lucky Strike Property, which is located in the heart of the White Gold District. Highlights from the discovery hole on Lucky Strike include 5.36 g/t Au over 22.0m (see November 20, 2017 news release). More details on the 100 percent owned White Gold assets and the upcoming, fully funded 2018 advanced exploration and drill programs are planned to be released in the near future. Please refer the accompanying Yukon map for the locations of Goldstrike’s five White Gold properties.

Stefan Kruse, Ph.D., P. Geo., Chief Geologist, is a qualified person as defined by National Instrument 43- 101, for Goldstrike’s Yukon exploration projects and had supervised the preparation of, and has reviewed and approved, the technical information in this release.

OTHER

Sample analysis and assaying for all of Goldstrike’s projects has been conducted by Bureau Veritas in Vancouver, BC, which is ISO 9001 accredited. Soil samples are dried at 60C and 100 grams are sieved to – 80 mesh. A 15 gram sample split is then leached in aqua regia at 95 degrees C and analyzed by a 36- element ICP package that includes semi-quantitative gold. Rock and drill core samples are crushed to 80% – 10 mesh and a 500 gram sample split is pulverized to 85% -200 mesh. 50 gram charges are then assayed for gold using fire assay fusion and ICP-ES finish with a lower detection limit of 2 ppb and an upper detection limit of 10 ppm Au. In addition, 0.5 mg charges are digested by modified 1:1:1 aqua regia (HCl-HNO3-H20) and analyzed by 36-element ICP-MS that also includes semi-quantitative gold with a lower detection limit of 0.5 ppb Au and an upper detection limit of 100 ppm Au. Selected samples are subjected to 500 gram metallic fire assays, for which the plus fraction is finished gravimetrically and the minus fraction is finished with AA. Rigorous procedures are in place regarding sample collection, chain of custody, and data entry. Certified assay standards, duplicate samples and blanks are routinely inserted into the sample stream to ensure integrity of the assay process. The reader is cautioned that grab

samples are spot samples which are typically, but not exclusively, constrained to mineralization. Grab samples are selective in nature and collected to determine the presence or absence of mineralization and are not intended to be representative of the material sampled.

ON BEHALF OF THE BOARD

Terrence E. King

President and Chief Executive Officer

For new maps and 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.

Forward-Looking Statements

Statements contained in this news release that are not historical facts are “forward-looking information” or “forward-looking statements” (collectively, “Forward-Looking Information”) within the meaning of applicable Canadian securities legislation and the United States Private Securities Litigation Reform Act of 1995. Forward-Looking Information includes, but is not limited to, disclosure regarding possible events, conditions or financial performance that is based on assumptions about future economic conditions and courses of action; expectations regarding future exploration and drilling programs and receipt of related permitting; and the plans for completion of the contemplated transactions with Newmont as set out above. In certain cases, Forward-Looking Information can be identified by the use of words and phrases such as “anticipates”, “expects”, “understanding”, “has agreed to” or variations of such words and phrases or statements that certain actions, events or results “would”, “occur” or “be achieved”. Although Goldstrike has attempted to identify important factors that could affect Goldstrike and may cause actual actions, events or results to differ materially from those described in Forward- Looking Information, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. In making the forward-looking statements in this news release, if any, Goldstrike has applied several material assumptions, including the assumption that general business and economic conditions will not change in a materially adverse manner. There can be no assurance that Forward-Looking Information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on Forward-Looking Information. Except as required by law, Goldstrike does not assume any obligation to release publicly any revisions to Forward-Looking Information contained in this news release to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.

January 16, 2018 – Goldstrike Resources Ltd. (GSR.V) is pleased to report the results from the final hole of the 2017 Lucky Strike drill campaign. Hole DDLS-17-08 returned 3.04 g/t Au over 7.73 metres (including

1.52 metres of 14.0 g/t Au) in diamond drill core. DDLS-17-08 was drilled at an azimuth of 2300 and was collared 40 metres west of discovery hole DDLS-17-09 that returned 5.36 g/t Au over 22 metres. DDLS-17- 09 was drilled at an azimuth of 1800 (Table 1).

Goldstrike successfully completed 1,032 m of diamond drilling in nine shallow exploratory holes that constituted the 2017 drill program at Lucky Strike. All nine holes successfully intersected gold mineralization (Map 1 – Drill Plan). All assay results from 2017 have now been reported. The mineralized zone remains open at depth and in all directions. This drill program utilized HTW large diameter size core to optimize recovery due to the brittle and highly oxidized nature of the near surface gold mineralization. Additional maps and sections can be viewed at: Lucky Strike Project.

Based on the success of this first pass exploratory drill program and with its advanced exploration permit in place, Goldstrike is currently planning for the largest exploration program in the history of the Lucky Strike property. The team is currently compiling the large volume of data acquired in 2017 in preparation for phase two exploration and drilling. The data compilation includes geophysics, geochemistry, mapping and high resolution airborne photography, and 3D property-wide terrane modeling that will allow advanced targeting methods along the 10 km Lucky Strike gold corridor.

Gold mineralization is exposed at surface in the Monte Carlo Zone in a series of silicified and heavily oxidized zones that have a subtle linear topographic expressions and a strong geochemical association with silver, bismuth, tellurium, mercury, antimony, molybdenum and copper.

The Monte Carlo Zone is one of five large gold-in-soil anomalies along a 10 kilometre trend on the property and measures 1450 m by 450 m. Only the Monte Carlo zone has been drill tested to date. All five zones have been defined by a combination of soil geochemistry, mechanized trenching and prospecting, and are coincident with ground and airborne geophysical anomalies. The four other large gold-in-soil anomalies are the Belmont zone, measuring 1,500 by 800 meters, the Samson zone, measuring 600 by 300 meters, the Boss zone, measuring 1,000 by 1,000 meters, and the Maverick zone, measuring 200 by 150 meters. All five zones remain open. Collectively, this gold mineralized trend is coincident with a magnetic geophysical anomaly which is believed by the Company’s geological team to represent a regional scale shear zone, providing for additional strong discovery potential on the Lucky Strike property. The Lucky Strike property covers over 150 square kilometers and remains largely unexplored.

STATEMENTS

Message from Terry King, President and CEO:

“The Lucky Strike property is a unique and very attractive asset with excellent infrastructure, including an airstrip. The property is 100% owned without the burden of any underlying royalties or property payments, and is strategically located along the planned haul road to Goldcorp’s Coffee Creek gold deposit. The results to date demonstrate that the project is one of the most important new gold discoveries in the White Gold Camp in 2017 and has all the makings for a flagship standalone project. We are now finalizing our 2018 plans and look forward to optimizing the project’s value for our shareholders. With the largest drill and exploration campaign to date being laid out for Lucky Strike, the 2018 season promises to be an exciting time for this project.”

OTHER

Sample analysis and assaying for all of Goldstrike’s projects have been conducted by Bureau Veritas Mineral Laboratories Canada (formerly Acme Analytical Laboratories Ltd) in Vancouver, BC, which is ISO 9001 accredited laboratory. Rock and drill core samples are crushed, split and pulverized to 250 g pulp, 200 mesh. Analysis includes AQ200 modified 1:1:1 aqua regia (HCl-HNO3-H20) digestion and 36-element ICP-MS which includes semi-quantitative gold with a lower detection limit of 0.5 ppb Au and an upper detection limit of 100 ppm Au. In addition gold content is analysed using the ICP-ES FA350-Au fire assay procedure. Over-limit samples are analysed using the FA530-Au fire assay with gravimetric finish and FA652-Au metallic screen fire assay procedures. Rigorous procedures are in place regarding sample collection, chain of custody and data entry. Certified QA/QC assay standards samples and blanks are routinely inserted into the sample stream to ensure integrity of the assay process.

Stefan Kruse, Ph.D., P.Geo., Chief Geologist, is a qualified person as defined by National Instrument 43-101 for Goldstrike’s Yukon exploration projects and supervised the preparation of, and has reviewed and approved, the technical information in this release.

Please visit the Company’s website at https://www.trailbreakerresources.com to see new maps and drill sections under what’s new on the home page.

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.

Forward-Looking Statements

Statements contained in this news release that are not historical facts are “forward-looking information” or “forward-looking statements” (collectively, “Forward-Looking Information”) within the meaning of applicable Canadian securities legislation and the United States Private Securities Litigation Reform Act of 1995. Forward-Looking Information includes, but is not limited to, disclosure regarding possible events, conditions or financial performance that is based on assumptions about future economic conditions and courses of action; expectations regarding future exploration and drilling programs and receipt of related permitting; and the plans for completion of the contemplated transactions with Newmont as set out above. In certain cases, Forward-Looking Information can be identified by the use of words and phrases such as “anticipates”, “expects”, “understanding”, “has agreed to” or variations of such words and phrases or statements that certain actions, events or results “would”, “occur” or “be achieved”. Although Goldstrike has attempted to identify important factors that could affect Goldstrike and may cause actual actions, events or results to differ materially from those described in Forward-Looking Information, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. In making the forward-looking statements in this news release, if any, Goldstrike has applied several material assumptions, including the assumption that general business and economic conditions will not change in a materially adverse manner. There can be no assurance that Forward-Looking Information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on Forward-Looking Information. Except as required by law, Goldstrike does not assume any obligation to release publicly any revisions to Forward- Looking Information contained in this news release to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.

December 11, 2017 – Goldstrike Resources Ltd. (GSR.V) is pleased to report that it has successfully completed the 2017 exploration season and is preparing for the official handover of the Plateau project to Newmont Mining Corporation (NYSE: NEM).

The Company incurred exploration expenditures in excess of $6,000,000 CAD and drilled over 2,900 meters in 2017. In addition, the Company had the benefit of the use of a number of Newmont’s proprietary exploration techniques and technologies. The resulting data, together with previously gathered data (see October 4, 2017 News Release), is currently being compiled and used for modeling.

The 2017 drilling was principally focused on understanding and modeling the controls of the high-grade gold mineralization present at surface and in core from previous drill campaigns, and successfully identified multiple key target areas and new surface gold mineralization along the 70 kilometre long Yellow Giant trend, confirming a district-scale gold mineralized system. All drill results are available on the Company’s website at www.goldstrikeresources.com. All gold mineralized targets tested in 2017 remain open along strike and to depth.

Based on the data obtained from the 2017 program and interpretations of that data, Newmont has confirmed that the 2018 drill program will consist of up to 10,000 meters utilizing multiple drill rigs to test multiple key target areas. With drill results now in hand, Newmont has commenced the process of planning that program and intends to commence its 2018 drill program as early in the new year as possible.

The 2018 program is forecasted to be the largest and most extensive drill program in the Plateau property’s history, and is expected to exceed all historical drilling meters combined. Newmont already has in process an application to the Government of Yukon for an expanded Advanced Exploration Permit in order to facilitate next year’s exploration and drilling program.

Message from Wayne Trudel, Newmont Group Executive North America Exploration

Wayne Trudel, Newmont’s Group Executive for exploration in North America, said: “Our collaboration with Goldstrike in the exploration of the Plateau Property during the 2017 field season laid a solid foundation for Newmont to further advance the Plateau project. Plateau represents a large property position on an emerging, prospective high-grade gold trend in the Yukon. Newmont expects to complete up to 10,000 meters of drilling on the property in 2018, building on the integrated geological, geochemical and geophysical modeling and targeting completed in 2017. We look forward to continuing to work closely with our partner going forward as they hand over management of the 2018 field exploration program”.

Message from Goldstrike’s President and CEO, Terrence King:

“We are pleased to have a partner in Newmont Mining that has the proprietary technologies, depth and experience to move the Plateau project forward. We are confident that our shareholders are in very capable hands as we hand over the Plateau project for 2018 and beyond. The Goldstrike team will continue to work closely with its partner going forward to assist where we can, in order to unlock the full value of the Plateau district-scale gold system. We look forward to the 2018 Plateau drill program with great anticipation.”

Stefan Kruse, Ph.D., P. Geo., Chief Geologist, is a qualified person as defined by National Instrument 43- 101, for Goldstrike’s Yukon exploration projects and had supervised the preparation of, and has reviewed and approved, the technical information in this release.

OTHER

Sample analysis and assaying for all of Goldstrike’s projects has been conducted by Bureau Veritas in Vancouver, BC, which is ISO 9001 accredited. Soil samples are dried at 60C and 100 grams are sieved to – 80 mesh. A 15 gram sample split is then leached in aqua regia at 95 degrees C and analyzed by a 36- element ICP package that includes semi-quantitative gold. Rock and drill core samples are crushed to 80%
– 10 mesh and a 500 gram sample split is pulverized to 85% -200 mesh. 50 gram charges are then assayed for gold using fire assay fusion and ICP-ES finish with a lower detection limit of 2 ppb and an upper detection limit of 10 ppm Au. In addition, 0.5 mg charges are digested by modified 1:1:1 aqua regia (HCl- HNO3-H20) and analyzed by 36-element ICP-MS that also includes semi-quantitative gold with a lower detection limit of 0.5 ppb Au and an upper detection limit of 100 ppm Au. Selected samples are subjected to 500 gram metallic fire assays, for which the plus fraction is finished gravimetrically and the minus fraction is finished with AA. Rigorous procedures are in place regarding sample collection, chain of custody, and data entry. Certified assay standards, duplicate samples and blanks are routinely inserted into the sample stream to ensure integrity of the assay process.

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.

Forward-Looking Statements

Statements contained in this news release that are not historical facts are “forward-looking information” or “forward-looking statements” (collectively, “Forward-Looking Information”) within the meaning of applicable Canadian securities legislation and the United States Private Securities Litigation Reform Act of 1995. Forward-Looking Information includes, but is not limited to, disclosure regarding possible events, conditions or financial performance that is based on assumptions about future economic conditions and courses of action; expectations regarding future exploration and drilling programs and receipt of related permitting; and the plans for completion of the contemplated transactions with Newmont as set out above. In certain cases, Forward-Looking Information can be identified by the use of words and phrases such as “anticipates”, “expects”, “understanding”, “has agreed to” or variations of such words and phrases or statements that certain actions, events or results “would”, “occur” or “be achieved”. Although Goldstrike has attempted to identify important factors that could affect Goldstrike and may cause actual actions, events or results to differ materially from those described in Forward-Looking Information, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. In making the forward-looking statements in this news release, if any, Goldstrike has applied several material assumptions, including the assumption that general business and economic conditions will not change in a materially adverse manner. There can be no assurance that Forward-Looking Information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on Forward-Looking Information. Except as required by law, Goldstrike does not assume any obligation to release publicly any revisions to Forward- Looking Information contained in this news release to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.

Nov 20, 2017 – Goldstrike Resources Ltd. (GSR.V) is pleased to report that a discovery drill hole (DDLS-17-
09) has intersected a broad zone of near surface gold mineralization at the Monte Carlo zone on the Lucky Strike property grading 5.36 grams per tonne gold over 22 metres, including 18.79 grams per tonne gold over 5.72 metres (Table 1).
Goldstrike successfully completed 1,032 m of diamond drilling in the nine shallow exploratory holes that constituted the 2017 drill program (Map 1 – Drill Plan). Assay results from hole DDLS-17-08 are still pending, but all other holes intersected gold mineralization over a 200 m strike length. The mineralized zone remains open at depth and in all directions. This drill program utilized HTW large diameter size core to optimize recovery due to the brittle and highly oxidized nature of the near surface gold mineralization. Additional maps and sections can be viewed at: Lucky Strike Project.

Gold mineralization comes to surface in a series of silicified and heavily oxidized zones that have a strong geochemical association with silver, bismuth, tellurium, mercury, antimony, molybdenum and copper.

Drilling at Lucky Strike in 2017 was designed to test a 450 by 1,450 metre coincident geochemical gold anomaly and geophysical target located at the Monte Carlo zone. The Monte Carlo zone is only one of five large gold anomalies along a 10 kilometre trend on the property, and only the Monte Carlo zone has been drill tested to date. These gold anomalies have been defined by a combination of soil geochemistry, mechanized trenching and prospecting and are coincident with ground and airborne geophysical anomalies. The four other large gold-in-soil anomalies are the Belmont zone, measuring 1,500 by 800 meters, the Samson zone, measuring 600 by 300 meters, the Boss zone, measuring 1,000 by 1,000 meters, and the Maverick zone, measuring 200 by 150 meters. Collectively, this gold mineralized trend is coincident with a magnetic geophysical anomaly which is believed by the Company’s geological team to represent a regional scale shear zone, providing for additional strong discovery potential on the Lucky Strike property. The Lucky Strike property covers over 150 square kilometers and remains largely unexplored.
Link to past Lucky Strike news Release: October 12th New Release.

In August of 2017 Goldstrike received its Class 3 advanced exploration permit for the Lucky Strike project. This permit will accommodate advanced exploration and drilling programs in the years to come. The company is currently planning for an extensive exploration and drilling program in 2018

STATEMENTS
Message from Terry King, President and CEO:
“The Lucky Strike property is a unique and attractive asset with excellent infrastructure including an airstrip. The property is 100% owned without the burden of any underlying royalties or property payments, and is strategically located along the planned haul road to Goldcorp’s Coffee Creek gold deposit. The results to date demonstrate that the project is one of the most important new discoveries in the White Gold Camp in 2017 and has the makings to be a flagship standalone project. We look forward to optimizing the project’s value for our shareholders. The 2018 exploration season is shaping up to be the largest drill campaigns to date on both Lucky Strike and Plateau properties. We would like to take this opportunity to thank the Yukon government once again for all of its support over the years that helped bring the Lucky Strike property from an idea to one of the most significant new discoveries in the White Gold District. WORKING TOGETHER WE SUCCEED.”
Chief Geologist Stefan Kruse, Ph.D., P.Geo states:
“The results from the 2017 program exceeded the goals set by the geologic team. The inaugural drill program on the Monte Carlo Zone clearly demonstrated the tremendous potential of the entire Lucky Strike Property. We look forward to aggressively drilling the Monto Carlo zone in 2018 to expand on the mineralization intersected and advancing the other four untested gold zones along the ten kilometre long Lucky Strike corridor. This corridor and the remainder of the Lucky Strike property demonstrates strong untapped potential”
Goldstrike and its partner Newmont look forward to releasing the exploration and drill results from the 2017 exploration on Plateau Property in the near future, once all results have been received, compiled and interpreted. Goldstrike has been invited to display drill core from its 2017 program and sections of drill core will be on display at the Yukon Geoscience Forum in Whitehorse on November 20, 2017.

OTHER

Sample analysis and assaying for all of Goldstrike’s projects have been conducted by Bureau Veritas Mineral Laboratories Canada (formerly Acme Analytical Laboratories Ltd) in Vancouver, BC, which is ISO 9001 accredited laboratory. Rock and drill core samples are crushed, split and pulverized to 250 g pulp, 200 mesh. Analysis includes AQ200 modified 1:1:1 aqua regia (HCl-HNO3-H20) digestion and 36-element ICP-MS which includes semi-quantitative gold with a lower detection limit of 0.5 ppb Au and an upper detection limit of 100 ppm Au. In addition gold content is analysed using the ICP-ES FA350-Au fire assay procedure. Over-limit samples are analysed using the FA530-Au fire assay with gravimetric finish and FA652-Au metallic screen fire assay procedures. Rigorous procedures are in place regarding sample collection, chain of custody and data entry. Certified QA/QC assay standards samples and blanks are routinely inserted into the sample stream to ensure integrity of the assay process.
Stefan Kruse, Ph.D., P.Geo., Chief Geologist, is a qualified person as defined by National Instrument 43-101 for Goldstrike’s Yukon exploration projects, and supervised the preparation of, and has reviewed and approved, the technical information in this release.
Please visit the website at https://www.trailbreakerresources.com to see new maps and drill sections under what’s new on the home page.

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.

Forward-Looking Statements

Statements contained in this news release that are not historical facts are “forward-looking information” or “forward-looking statements” (collectively, “Forward-Looking Information”) within the meaning of applicable Canadian securities legislation and the United States Private Securities Litigation Reform Act of 1995. Forward-Looking Information includes, but is not limited to, disclosure regarding possible events, conditions or financial performance that is based on assumptions about future economic conditions and courses of action; expectations regarding future exploration and drilling programs and receipt of related permitting; and the plans for completion of the contemplated transactions with Newmont as set out above. In certain cases, Forward-Looking Information can be identified by the use of words and phrases such as “anticipates”, “expects”, “understanding”, “has agreed to” or variations of such words and phrases or statements that certain actions, events or results “would”, “occur” or “be achieved”. Although Goldstrike has attempted to identify important factors that could affect Goldstrike and may cause actual actions, events or results to differ materially from those described in Forward-Looking Information, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. In making the forward-looking statements in this news release, if any, Goldstrike has applied several material assumptions, including the assumption that general business and economic conditions will not change in a materially adverse manner. There can be no assurance that Forward-Looking Information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on Forward-Looking Information. Except as required by law, Goldstrike does not assume any obligation to release publicly any revisions to Forward- Looking Information contained in this news release to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.