GSR Goldstrike Resources Ltd New

Goldstrike Resources Ltd. (TSX VENTURE:GSR)(FRANKFURT:KCG1) is pleased to
announce that Terrence (Terry) King has been appointed President of the Company,
and will hereafter sit as President, Chief Executive Officer and Chairman of the
Company. Mr. King is a principal of the Vancouver law firm Holmes & King, and
has a background in corporate finance and securities. He has served as director
and/or officer of, and advisor to, numerous public companies carrying on mineral
and oil and gas exploration activities over the past 25 years. He is currently
Chief Executive Officer and a director of Petro One Energy Corp. (TSX
VENTURE:POP), and an independent director of Majestic Gold Corp. (TSX
VENTURE:MJS). 


William Chornobay, Chief Operating Officer, and Yilu (Lucy) Zhang, Chief
Financial Officer, make up the balance of the Company's management team. Reimar
Koch, who has stepped down as President to facilitate this restructuring, joins
Lawrence (Larry) Dick and Lucy Zhang on the Company's Audit Committee, and has
been appointed Chairman of that Committee. The Board thanks Mr. Koch for his
valuable contributions to Goldstrike during its recent transition into the
mineral exploration business, and looks forward to his continuing contributions
as an independent director.


Goldstrike is a well-financed mineral exploration company with multiple discrete
exploration projects in the Yukon. For more detailed information on the Company
and its projects, refer to Goldstrike's web site at goldstrikeresources.com.


ON BEHALF OF THE BOARD

Terrence E. King, President & CEO

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