GSR Goldstrike Resources Ltd New

Goldstrike Resources Ltd. (TSX VENTURE:GSR)(PINKSHEETS:APRAF)(FRANKFURT:KCG1)
reports that it has now completed the last of its 17 holes of exploration
drilling on its flagship Plateau South property, located on the Hess River in
eastern Yukon. Visible gold has been identified in core from four diamond drill
holes at Plateau South, including holes 2, 3 and 6 in the VG zone on Gold Dome
as previously reported (July 15, 2013), and hole 4 in the Goldstack Zone, which
is located approximately 18 kilometres to the west of Gold Dome along the Yellow
Giant Trend. Hole 04 at Goldstack intersected mineralization with three grains
of visible gold up to 2 mm in size identified in drill core at downhole depths
of 17.1, 22.75 and 23.15 metres.  The visible gold identified in this drill hole
is associated with arsenopyrite in silicified volcanics above a 9.7 metre
interval of silicified quartz breccia that contains 1 to 5 per cent arsenopyrite
and pyrite over 6.4 metres and up to 20 per cent arsenopyrite and pyrite over
2.3 metres. The new drill hole at Goldstack tested the downdip extension of the
same gold-mineralized silicified breccia that was intersected in a preliminary
drill hole in 2012 and averaged 0.7 grams per tonne gold over a true width of 9
metres between 8.65 and 17.65 metres (News Release October 10, 2012). The
structure remains open, and continues to confirm that the Goldstack Zone is part
of a larger gold-mineralized system. Core from the drill program at Plateau
South is being split and sent for assay. Results for all seventeen holes remain
outstanding, and will be released when they become available. 


The Company also reports on assay results from a trenching program carried out
in early June, 2013 on the Lucky Strike property, located in Yukon's White Gold
district 300 kilometres west of Plateau South. A total of 130 rock grab samples
and 249 soil samples rocks were taken. The rock samples ranged from detection
level to 5,839 parts per billion gold, including two rock grab samples of 5.84
and 2.25 grams per tonne gold. Soil samples ranged from detection level to 70
parts per billion gold. The program consisted of five trenches with a total
length of 450 metres, and tested an area of multiple gold anomalies where a grab
sample taken from bedrock in 2012 returned 41.69 grams per tonne gold (News
Release October 1, 2012). All samples have been assayed. Based on these
inconclusive results, additional exploration will be required to determine the
gold potential of the property. This program qualified for funding by way of a
$25,000 grant from the Government's Yukon Mining Incentives Program (YMIP). 


A brief exploration program on the Summit property 240 kilometres southeast of
Plateau South is currently underway, and results will be released when they
become available. This is an eight-day program of prospecting, mapping, ground
geophysics, and up to 50 metres of trenching, with a budget of $65,000. Like the
Lucky Strike exploration, the Summit Program qualified for a $30,000 YMIP grant.
The Company acknowledges these generous grants from the Yukon Government to help
offset its 2013 exploration costs on both the Lucky Strike and Summit
properties.


Sample analysis and assaying for all of Goldstrike's projects are being
conducted by Acme Analytical Laboratories Ltd in Vancouver, BC, which is ISO
9001 accredited. Soil samples are dried at 60C, and 100 grams is 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
samples are crushed to 80% -10 mesh, and a 250 gram sample split is pulverized
to 85% -200 mesh. 30 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. All samples containing visible gold
or returning assays of more than 10 ppm gold are subjected to 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.


Note: Grab samples are selective by nature, and are unlikely to represent
average grades on the property.


Trevor J. Bremner, P. Geo., Chief Consulting Geologist and Goldstrike Board
Member, is a qualified person, as defined by National Instrument 43-101, for
Goldstrike's Yukon exploration projects and supervised the preparation of the
technical information in this release.


ON BEHALF OF THE BOARD

Terrence E. King, President and Chief Executive Officer

For new photos and maps on the Plateau South property, please visit Goldstrike's
website at GoldstrikeResources.com, follow the Company's tweets at
Twitter.com/GoldstrikeRes.


Neither 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.


This news release may contain forward-looking statements including but not
limited to comments regarding the timing and content of upcoming work programs,
geological interpretations, receipt of property titles, potential mineral
recovery processes, etc. Forward-looking statements address future events and
conditions, and therefore involve inherent risks and uncertainties. Actual
results may differ materially from those currently anticipated in such
statements. The reader is cautioned not to place undue reliance on
forward-looking statements.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Investor Relations
King James Capital Corporation
Jeff Stuart
(604) 805-0375
jstuart@kingjamescapital.com


Goldstrike Resources Ltd.
www.GoldstrikeResources.com
www.Twitter.com/GoldstrikeRes

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