Gold Strike Announces Magnetic Survey Results Identifying Exploration Targets at Gold Strike One Property, Yukon
Gold Strike outlines new magnetic targets at its GS1 Yukon property and commits US$150,000 to a three‑month external marketing campaign.
Rhea-AI Summary
Gold Strike Resources (GDSRF) reported final magnetic survey results for its Gold Strike One (GS1) property in Yukon and disclosed a new marketing services agreement, both dated September 10, 2026.
The company completed a 286.71 line‑kilometre, 100 m line‑spaced helicopter magnetics and radiometric survey to refine geological and geochemical understanding at GS1, located near Snowline Gold’s Valley gold deposit. Data show a distinct magnetic high coincident with a previously identified ~100 m by 100 m intrusion in the southeast of GS1, interpreted as hornfels around a non‑magnetic intrusion, and several other intense magnetic highs that may represent similar systems.
A magnetic low northwest of the intrusion exhibits a signature similar to the Valley deposit, and linear magnetic features may indicate faults or dykes, all requiring ground follow‑up. Results from 374 soil and 134 rock samples collected in 2026 are pending. Separately, Gold Strike entered a three‑month marketing agreement with New Beverley Group for social media and advertising services for cash fees totalling USD$150,000, subject to TSXV approval.
Positive
- 286.71 line‑km airborne survey completed with 100 m line spacing over GS1
- Magnetic high anomaly coincides with newly discovered ~100 m x 100 m intrusion
- Magnetic low target identified with a signature similar to the nearby Valley deposit
- 374 soil and 134 rock samples collected in 2026; assay results pending
- USD$150,000 marketing spend committed over three months for Germany and North America
Negative
- 2026 soil and rock assay results are still pending, delaying confirmation of mineralization
- Marketing agreement USD$150,000 cash cost over three months, with no securities consideration
- Marketing Agreement effectiveness is subject to TSXV approval, so timing is not yet certain
AI-generated analysis. How Rhea-AI works. Not financial advice.
Highlights:
- Gold Strike has completed a 287 line-kilometre, 100m line-spaced, airborne geophysics, magnetics and radiometric survey designed to augment the geochemical/geological understanding of GS1.
- The survey has identified an anomaly coincident with the intrusion discovered in the southeast of the property less than 1.5km from Snowline Gold's Valley gold deposit.
- The magnetic data contains other features of interest: magnetic lows with similar signatures to the Valley deposit and magnetic linears that might highlight faults or dykes.
Vancouver, British Columbia--(Newsfile Corp. - September 10, 2026) - Gold Strike Resources Corp. (TSXV: GSR) (OTC Pink: GDSRF) (the "Company" or "Gold Strike") has received final magnetic data from its 286.71 line-kilometre 100m line-spaced helicopter survey completed mid-August on its Gold Strike One property ("GS1") (see Figure 1), proximal to Snowline Gold Corp.'s Valley gold deposit (the "Valley deposit").
"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."
Figure 2 depicts the reduced to the pole total magnetic intensity (RTP TMI) and Figure 3 depicts RTP TMI overlain with 2026 and prior geochemical sampling. Also added to Figures 2 and 3 is a coloured gridded image of drone-derived magnetic data flown over the adjacent Valley deposit as depicted in Snowline's technical report1 for comparison.
The Company reported that its field crew had located an approximate 100m by 100m intrusion in the SE part of GS1 (see news release dated August 24, 2026). Gold Strike is encouraged to observe magnetic data showing a distinct magnetic high anomaly coincident with this intrusion. Field notes indicate that the intrusion itself contained no magnetic minerals, but the surrounding hornfels do. The Company's team took numerous float and grab samples of the hornfels and intrusion, which are at the laboratory awaiting assaying. There are other intense magnetic highs in the data set that may also represent hornfels surrounding similar intrusives.
Northwest of the intrusion there is a distinct magnetic low, highlighted in Figures 2 and 3, that has similar characteristics to the signature over the Valley deposit. Field crews will explore this area for evidence of an additional intrusive in the next exploration program.
Other features in the data also require ground follow-up. Examples are the fault or dyke-like linear features highlighted in Figure 4.
The previous soil and rock sampling program highlighted zones (see Figure 3) where the soils are anomalous in gold and/or its pathfinder elements (As, Bi, Sb). The 2026 program, comprising 374 soil samples and 134 rock samples, filled in and obtained closer spacing in the gold anomalous zones and sampled new areas, giving the property blanket coverage. Results of this sampling program are pending.
Figure 1: Location of GS1 within the Tombstone Gold Belt in Yukon and its proximity to the Valley deposit (see inset).2
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/2534/313795_d2c8e2c074566a9b_002full.jpg
Figure 2: Reduced to the Pole. Total Magnetic Intensity image of the 100m spaced heliborne magnetometer survey 2026 GS1, with an image of UAV magnetic data over the Snowline Valley deposit (Source: McCarthy R. et al., Independent Preliminary Economic Assessment for the Rogue Project, Yukon, Canada, SRK Consulting (2025)).
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/2534/313795_d2c8e2c074566a9b_003full.jpg
Figure 3: Reduced to the Pole. Total Magnetic intensity image of the 100m spaced heliborne magnetometer survey 2026 GS1, with an image of UAV magnetic data over the Snowline Valley deposit with 2026 and prior geochemical sampling (Source: McCarthy R. et al., Independent Preliminary Economic Assessment for the Rogue Project, Yukon, Canada, SRK Consulting (2025)).
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/2534/313795_d2c8e2c074566a9b_004full.jpg
Figure 4: A gridded image of the first vertical derivative of the magnetic data captured by a 100m line spacing heliborne survey GS1, also depicting similar data over the adjacent Valley deposit (Source: McCarthy R. et al., Independent Preliminary Economic Assessment for the Rogue Project, Yukon, Canada, SRK Consulting (2025)).
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/2534/313795_d2c8e2c074566a9b_006full.jpg
Marketing Services Agreement
The Company also announces that it has entered into a marketing services agreement with The New Beverley Group Inc. (the "New Beverley Group"), a company controlled by Justin Kuhn, dated effective September 10, 2026 (the "Marketing Agreement").
Pursuant to the Marketing Agreement, the New Beverley Group will provide marketing services to the Company (the "Services"), including social media engagement and advertising in Germany and North America, for a period of three months commencing on September 10, 2026. The Company will pay the New Beverley Group a cash fee of USD
The New Beverley Group is based out of Vancouver, British Columbia. The principal of the New Beverley Group is Justin Kuhn. The Marketing Agreement remains subject to approval of the TSXV. To the knowledge of the Company, neither the New Beverley Group nor its principal, Justin Kuhn, has a direct or indirect interest in any common shares of the Company. The New Beverley Group and Justin Kuhn operate at arm's length to the Company.
Technical Information
The scientific and technical information in this news release has been reviewed and approved by David Kelsch, P.Geo., a consultant to the Company, who has verified the data underlying such information. Mr. Kelsch is a Qualified Person for the purposes of National Instrument 43-101 - Standards of Disclosure for Mineral Projects.
About the Company
Gold Strike Resources Corp. is a mineral exploration and development company focused on advancing high-potential gold opportunities within its highly prospective land package in the proven, but underexplored Tombstone Gold Belt, Yukon. The Company holds a
(signed) "Peter Miles"
Peter Miles
Chief Executive Officer
For additional information on the Company, please contact Mr. Peter Miles, Chief Executive Officer at (604) 408-6680 or email investor@goldstrikeresourcescorp.com.
To be added to the email distribution list, please visit our website at www.goldstrikeresourcescorp.com.
Cautionary Statement Regarding Adjacent, Nearby or Geologically Similar Properties
Mineralization hosted on adjacent, nearby or geologically similar properties is not necessarily indicative of mineralization hosted on the Company's properties.
Forward-Looking Information
This news release contains forward-looking information within the meaning of applicable securities laws. Forward-looking information is identified by words such as "anticipate", "plan", "continue", "expect", "estimate", "objective", "may", "will", "project", "should", "predict", "potential", "intend", "goal", "designed to", and similar expressions.
Although the Company believes that the expectations and assumptions on which the forward-looking information is based are reasonable, undue reliance should not be placed on the forward-looking information because the Company cannot give any assurance that it will prove correct. Since forward-looking information addresses future events and conditions, it involves inherent assumptions, risks and uncertainties. Actual results could differ materially from those currently anticipated due to a number of assumptions, factors and risks. These assumptions and risks include, but are not limited to, assumptions and risks associated with mineral exploration generally and results from anticipated and proposed exploration programs, conditions in the equity financing markets, and assumptions and risks regarding receipt of further regulatory and First Nation approvals, and the receipt of TSXV acceptance of the Marketing Agreement. Forward-looking information in this news release includes, without limitation: the completion of exploration programs and the receipt, analysis and reporting of data; and the provision of marketing services by the New Beverley Group pursuant to the Marketing Agreement and the anticipated benefits thereof. Exploration activities in Yukon are subject to seasonal access constraints, engagement with local communities and Indigenous rights holders, availability of financing, and the inherent uncertainties of mineral exploration, including the risk that drill results do not confirm grade continuity or resource expansion potential. Risks specific to the foregoing include laboratory capacity constraints affecting assay turnaround, delays in processing and interpreting airborne geophysical data, adverse weather or access conditions, the failure of exploration programs to identify economic mineralization, and the risk that the Marketing Agreement may not receive TSXV acceptance or that the marketing services may not achieve the desired results.
The forward-looking information contained in this news release is made as of the date hereof. Other than as required by applicable securities laws, the Company disclaims any intent or obligation to update publicly any forward-looking information, whether as a result of new information, future events, results, or otherwise.
Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.
1 McCarthy R. et al, Independent Preliminary Economic Assessment for the Rogue Project, Yukon, Canada, SRK Consulting (2025).
2 To view an enhanced version of this graphic, please visit: https://images.newsfilecorp.com/files/2534/311020_a7c9d02824c53ac6_002full.jpg
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/313795
FAQ
What were the main objectives of Gold Strike’s 2026 airborne magnetic survey at GS1?
The survey was designed to augment the geochemical and geological understanding of the GS1 property. The company used a 286.71 line‑kilometre, 100 m line‑spaced helicopter magnetics and radiometric program to identify geophysical signatures associated with intrusions, hornfels and possible structures that could host reduced intrusion related gold systems.
What new exploration targets were identified from the GS1 magnetic data?
The data show a distinct magnetic high coincident with an approximately 100 m by 100 m intrusion in the southeast of GS1, with surrounding hornfels interpreted as the magnetic source. There are additional intense magnetic highs that may represent other hornfels around similar intrusives. A distinct magnetic low northwest of the intrusion has characteristics similar to the magnetic signature over Snowline’s Valley deposit, and linear magnetic features may indicate faults or dykes that require ground follow‑up.
What sampling work did Gold Strike complete at GS1 in 2026 and what is its status?
In 2026, the company collected 374 soil samples and 134 rock samples. This work filled in and tightened spacing in previously identified gold‑anomalous soil zones and extended coverage to new areas, providing blanket sampling coverage over the property. Results from this soil and rock sampling program are pending.
What are the key terms of the marketing services agreement with New Beverley Group?
Effective September 10, 2026, Gold Strike engaged New Beverley Group for a three‑month term to provide marketing services, including social media engagement and advertising in Germany and North America. The company will pay a total cash fee of USD$150,000 plus applicable tax, in three equal installments of USD$50,000: one in advance upon TSXV acceptance, the second 30 days after the first installment is due, and the third 60 days after the first installment is due. No stock options or other securities will be issued as compensation.
Who reviewed the technical information disclosed in the announcement?
The scientific and technical information was reviewed and approved by David Kelsch, P.Geo., a consultant to Gold Strike and a Qualified Person under National Instrument 43‑101. He verified the data underlying the technical disclosure.