Goldstrike Resources Ltd. reported that it has successfully completed the 2017 exploration season and is preparing for the official handover of the Plateau project. The Company incurred exploration expenditures in excess of CAD 6,000,000 and drilled over 2,900 meters in 2017. In addition, the Company had the benefit of the use of a number of Newmont's proprietary exploration techniques and technologies.

The 2017 drilling was principally focused on understanding and modeling the controls of the high-grade gold mineralization present at surface and in core from previous drill campaigns, and successfully identified multiple key target areas and new surface gold mineralization along the 70 kilometre long Yellow Giant trend, confirming a district-scale gold mineralized system. Based on the data obtained from the 2017 program and interpretations of that data, Newmont has confirmed that the 2018 drill program will consist of up to 10,000 meters utilizing multiple drill rigs to test multiple key target areas. With drill results now in hand, Newmont has commenced the process of planning that program and intends to commence its 2018 drill program as early in the new year as possible.

The 2018 program is forecasted to be the largest and most extensive drill program in the Plateau property's history, and is expected to exceed all historical drilling meters combined. Newmont already has in process an application to the Government of Yukon for an expanded Advanced Exploration Permit in order to facilitate next year's exploration and drilling program.