Gold Strike Resources Corp. has received final magnetic data from a 287 line-kilometre helicopter-borne geophysical survey completed in mid-August at its Gold Strike One property in the Yukon.

The 100-metre line-spaced survey identified a distinct magnetic high anomaly coincident with a 100-metre by 100-metre intrusion discovered earlier in the southeast portion of the claims. Field notes indicate that while the intrusion itself contains no magnetic minerals, the surrounding hornfels show strong magnetism. Gold Strike acquired a 100% interest in the project in October 2025 through a transaction with LIRECA Resources Inc. and Florin Resources Inc.

The Gold Strike One project is situated less than 500 metres south of the southern extent of Snowline Gold Corp.'s Valley deposit interpreted resource pit.

Data processing also revealed a distinct magnetic low anomaly northwest of the intrusion, bearing characteristics similar to the signature observed over the Valley gold deposit at the Rogue project. In addition, the survey mapped fault- or dyke-like linear features and other intense magnetic highs requiring further ground investigation.

Field crews recently completed a 2026 sampling program comprising 374 soil samples and 134 rock samples designed to provide property-wide coverage and fill in gaps around gold-anomalous zones. Laboratory assay results from the soil and rock sampling program remain pending. Field crews plan to target the northwest magnetic low for evidence of an additional intrusive during the next exploration phase. Separately, the company entered into a three-month marketing services agreement with The New Beverley Group Inc. for a cash fee of USD$150,000, which is subject to acceptance by the TSX Venture Exchange.

“Gold Strike is pleased to receive the data from our recent ~290 line-kilometre survey over GS1,” commented Peter Miles, CEO of Gold Strike. “Understanding that reduced intrusion related gold systems (RIRGS) occur in clusters, it is our premise that GS1's proximity to Snowline's Valley deposit offers a considerable exploration opportunity. Data from this survey is encouraging, as it reveals a geophysical signature to our newly discovered intrusion at GS1 along with other similar geophysical signatures that may or may not be exposed at surface (daylight), in close proximity to the Valley deposit.”

— Peter Miles, CEO of Gold Strike

Read the full announcement: Gold Strike Announces Magnetic Survey Results Identifying Exploration Targets at Gold Strike One Property, Yukon