GSR Goldstrike Resources Ltd New

Goldstrike Resources Ltd. (TSX VENTURE:GSR)(PINKSHEETS:APRAF)(FRANKFURT:KCG1) is
pleased to announce that its non-brokered private placement announced on
February 27, 2013 completed on February 28, 2013. The Company raised gross
proceeds of $1,300,000 by issuing 6,500,000 shares at the price of $0.20 per
share, bringing the total amount raised during February to $3,000,000.


The Company will pay to Aberdeen Gould Capital Markets Ltd. cash compensation
totaling $91,000, which is equal to 7% of the gross proceeds from the offering.
In addition, the Company has issued compensation warrants exercisable to
purchase up to an aggregate of 455,000 shares, which is equal to 7% of the
shares issued by the Company pursuant to the offering. Each compensation warrant
will be exercisable by Aberdeen to purchase one share at the price of $0.30
until the close of business on February 28, 2015. The compensation warrants are
non-transferable.


All shares issued pursuant to the financing and any shares issued on the
exercise of compensation warrants will be subject to a four-month hold period
expiring at midnight on June 28, 2013. Proceeds from the offering will be used
for exploration of the Company's Yukon mineral properties and for general
working capital.


ON BEHALF OF THE BOARD

Terrence E. King 

President and Chief Executive Officer

For further information, please visit Goldstrike's website at
GoldstrikeResources.com or follow the Company's tweets at
Twitter.com/GoldstrikeRes.


This news release may contain forward-looking statements including but not
limited to comments regarding the use of proceeds from the financing, upcoming
work programs, etc., which may change materially in the future. Forward-looking
statements therefore involve inherent risks and uncertainties. The reader is
cautioned not to place undue reliance on forward-looking statements.


FOR FURTHER INFORMATION PLEASE CONTACT: 
King James Capital Corporation
Jeff Stuart
Investor Relations
(604) 805-0375
jstuart@kingjamescapital.com
www.GoldstrikeResources.com

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