GOLD STRIKE RESOURCES

On July 2, 2026, GSR announced that its 2026 work program on the Company’s Gold Strike One Project (“GS1“) claims with a helicopter-supported field crew is expected to commence on July 3, 2026. GS1 is located approximately 225 km east of Mayo and comprises 107 contiguous quartz mineral claims totalling 5,510 acres (2,230 hectares), situated within Snowline Gold’s (“Snowline”) Rogue Project and surrounds the Valley gold deposit (“Valley”), to the south, west and north (Figure 1). The southern boundary of the GS1 Project lies less than 500 metres south of the southern extent of the Valley Deposit’s interpreted resource pit (Figure 2)

Earlier work on GS1 by GSR shows gold and multi-element soil anomalies and gold-anomalous rock samples on the property (Figures 2 and 3). The 2026 work plan is designed to gather grab and channel rock samples and extend the known soil anomalies and outline potential new areas of interest on the property.  The program is designed to determine if the gold anomalous results located to date are part of Valley’s mineral system or due to separate but related satellite systems, with the goal of generating drill-ready targets

The Company also reports that an airborne magnetic and radiometric geophysical survey contract has been awarded. The resulting data will be used to map geology and focus on structure and intrusive/ hornfels-like targets.

Comments will be provided when results of the program are released.

Figure 1
Source: Gold Strike

Location of the GS1 and GS2 projects (Gold Strike Resources Corp. press release July 2, 2026)

Figure 2
Source: Gold Strike

Soil Gold results to date on GS1, the largest anomaly is in the SW, additional anomalies are located in the SE and North of the property (Gold Strike Resources Corp. press release July 2, 2026).

Figure 3
Source: Gold Strike

Rock samples with gold results, GS1 property (Gold Strike Resources Corp. press release July 2, 2026).