Anaconda Mining Inc (ANX)

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NEWS!!!!

Goldstrike Resources Ltd. (TSX VENTURE:GSR) (PINKSHEETS:APRAF) (FRANKFURT:KCG1)
is pleased to report a fire assay of 9.92 grams per tonne gold, in a grab sample
of decomposed bedrock from its Solomon's Summit property, located in the Selwyn
Basin, 160km northeast of Ross River, Yukon. The high grade sample was taken in
an area of limited outcrop from a north-south mineralized structure that has
been traced on the ground for 400 metres and remains open. A total of five rock
grab samples that include quartz vein material and breccia have now been taken
from exposed bedrock along a 10 metre gold mineralized segment of the same
structure that is drill ready and remains open. New assays from this segment
include 9.92 grams per tonne gold, 8.7 grams per tonne, 2.78 grams per tonne
gold, and 1.8 grams per tonne gold, in addition to 5.3 grams per tonne gold
reported in the Company's November 2, 2011 news release. This gold-mineralized
zone was discovered by Goldstrike's team in the summer of 2011 on a ridge known
as Solomon's Summit, and cuts calcareous sandstone, limestone, limestone
breccia, and siltstone. The gold shows a close spatial association with
pathfinder elements arsenic, antimony, mercury, and thallium.


A strong multi-element geochemical anomaly 2,000 metres long, and up to 800
metres wide, extends northwest along Solomon's Summit, and remains open. This
geochemical anomaly coincides with the hinge zone of a northwest-plunging fold
mapped by government in lower Hyland Group clastic and calcareous sediments,
below a cap rock of maroon and green shale typical of the Upper Hyland Group. A
rock grab sample taken close to the trace of the fold hinge 1 kilometre
northwest of the main showing area assayed 1.4 grams per tonne gold. A total of
88 anomalous soil samples taken along the ridge contained between 25 and 100
parts per billion gold, and 15 soil samples returned values between 100 and
500.8 parts per billion gold.


The gold anomaly on Solomon's Summit covers a large area with limited outcrop
with high grade bedrock samples taken to date of 5.3, 8.7 and 9.92 grams per
tonne gold within a well defined gold mineralized structure that remains open.
The geological age, host lithology, structure, and geochemistry resemble ATAC's
recent description of its Conrad zone, and Goldstrike's team believes Solomon's
Summit has many indicators for a significant new gold discovery. Trenching and
diamond drilling is planned.


A total of 140 rock grab samples, 235 soil samples, and 4 silt samples were
collected on the Summit property in 2012. Rock samples ranged from below
detection level to 9.92 grams per tonne, soil samples ranged from below
detection level to 508.2 parts per billion, and silt samples ranged from below
detection level to 29.4 parts per billion. There are no samples outstanding.


To view the figure associated with this press release, please visit the
following link: http://media3.marketwire.com/docs/SOLOMON-SUMMIT.jpg


LUCKY STRIKE PROPERTY (WHITE GOLD DISTRICT, YUKON)

GOLDSTRIKE SAMPLES 41.687 GRAMS PER TONNE GOLD (1.216 OUNCES PER TON GOLD) ON
410 METRE GOLD MINERALIZED STRUCTURE THAT REMAINS OPEN


Goldstrike has just received fire assay results of 41.687 grams per tonne (1.216
ounces per ton) gold from a rock grab sample taken from bedrock on its Lucky
Strike property, Yukon. The high grade sample was taken along a gold-mineralized
structure that trends east-northeast for 410 metres and remains open. This new
discovery has been named "Lucky Shot". The Lucky Shot structure was discovered
by follow up prospecting of strong gold in soil anomalies .The structure was
traced in an area of little outcrop using high resolution ground geophysics that
confirms it passes through the mineralized outcrop and beyond. The Lucky Strike
property contains widespread gold soil anomalies over a 7 kilometre strike
length, returning values up to 703.7 parts per billion gold to date. These gold
anomalies coupled with high resolution airborne geophysics indicate excellent
potential for additional gold-mineralized structures to be discovered on the
property.


The Lucky Strike property is located in the heart of the White Gold District. It
is contiguous with the Kinross Golden Saddle property, 12 kilometres
south-southeast of Comstock's QV property, and 30 kilometres north-northeast of
Kaminak's Coffee Creek property. The gold-mineralized Lucky Shot structure has
the same east-northeast orientation reported for the Golden Saddle deposit, as
well as Comstock's recently announced trench intersections (3.31 grams per tonne
gold over 95 metres, and 3.74 grams per tonne gold over 75 metres), and many of
the main mineralized zones at Coffee Creek.


The new 41.687 gram per tonne (1.216 ounces per ton) gold sample consists of
sheared, brecciated felsic schist, with strong silica, sericite, and pyrite
alteration and contains finely disseminated dark grey sulphides. The assay
record shows elevated values of silver, molybdenum, antimony, lead, and arsenic,
all of which are also reported to be anomalous on the Golden Saddle property
(Underworld Resources NI43-101 Report).


Goldstrike is very excited to have already established such a strong drill
target in exposed highly gold-mineralized bedrock on the Lucky Shot structure.
The host rock, gold mineralization, geochemistry, and structure closely
resembling those on the Kaminak, Kinross, and Comstock properties. The Company
looks forward to a program of additional high resolution ground geophysics and
trenching, in order to define the full lateral extent of this new gold
mineralized structure, and a drill program to define the full geometry of the
gold mineralization to depth and along strike. The company is also planning a
program of follow up prospecting on multiple gold soil anomalies along a 7 km
strike.


A total of 37 rock grab samples, 44 soil samples, and 2 silt samples were
collected on the Lucky Strike property in 2012. Rock grab sample assays ranged
from below detection level to 41.687 grams per tonne, soil samples ranged from
below detection level to 71.2 parts per billion, and the silt samples ranged
from below detection level to 7.2 parts per billion. Assay results for 5 soil
and no rock samples remain outstanding.


Big One Property, Yukon

Fifty-one follow-up soil samples taken on Goldstrike's Big One property in 2012
have returned values ranging from 1 to 400.8 parts per billion gold, including
four samples that returned 76.9, 99.3, 237.2 and 400.8 parts per billion gold,
and two others that were also over 50 parts per billion. Rock samples returned
values ranging from below detection level to 0.34 grams per tonne gold. The new
samples were taken over a soil anomaly that was discovered by first pass
exploration in 2011.


The Big One property is located 15 kilometres southeast of Solomon's Summit, and
covers a series of northwest trending folds in a sedimentary sequence of
sandstone, grit, quartz pebble and lithic conglomerate, shale, phyllite,
limestone, and quartzite that show varying amounts of hydrothermal alteration,
silicification, quartz veining, and stockworks. Sulphides are mainly
disseminated pyrite, arsenopyrite, pyrrhotite, galena, and stibnite. This
geological setting closely resembles that seen on Goldstrike's Plateau and
Summit properties, and the silicified sedimentary units seen at Big One are
considered highly prospective because of their lateral extent. A tight spaced
soil grid and mapping is planned for follow up.


Goldstrike looks forward to receiving drill results from its flagship Plateau
property in the immediate future. Based on overall results from the 2012 season,
the Company is planning an aggressive exploration program including trenching
and diamond drilling on the Plateau, Lucky Strike and Summit properties.


The Company is also pleased to report it has accepted an invitation to speak on
its Selwyn Basin prospects at the Yukon Geoscience Forum, to be held in
Whitehorse November 18 to November 21.


Sample analysis and assaying for all of Goldstrike's projects are being
conducted by Acme Analytical Laboratories Ltd in Vancouver, BC and AGAT
Laboratories Limited in Mississauga, Ontario, both of which are ISO 9001
accredited. Soil samples are dried at 60 degrees C, reduced to 100 grams, and
sieved to -80 mesh. A 15 gram charge is then dissolved with a 1:1:1 aqua regia
digestion, and analyzed by a 72-element combination ICP-MS and ICP-AES package
that includes gold. Rock samples are crushed, split, and 250 gram samples are
sieved to 200 mesh. 30 gram charges are then assayed for gold using fire assay
fusion and ICP-ES, and in addition, 0.5 mg charges are dissolved with a 1:1:1
aqua regia digestion, and analyzed by 37-element ICP-MS that also includes gold.
Rigorous procedures are in place regarding sample collection, chain of custody
and data entry. Certified assay standards, duplicate samples and blanks are
routinely inserted into the sample stream to ensure integrity of the assay
process.


Note: Grab samples are selective by nature, and are unlikely to represent
average grades on the property.


Trevor J. Bremner, P. Geo., Senior Consulting Geologist and Advisor to
Goldstrike's Board, is a qualified person, as defined by National Instrument
43-101, for Goldstrike's Yukon exploration projects and supervised the
preparation of the technical information in this release.


For more detailed new information and maps on Summit and Lucky Strike
properties, see Goldstrike's web site at GoldstrikeResources.com.


ON BEHALF OF THE BOARD

Terrence E. King

President and Chief Executive Officer

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