Recent Press Announcements (excerpts)

June 09, 2009

Strike Minerals Inc. (STK-TSXV) intersects 298.43 gpt Au over 0.46 m at a vertical depth of 40.5 m on main showing of Nicholson Gold property

Strike Minerals Inc. (Strike) is pleased to announce results from the recently completed Diamond Drill Program on the main showing of the Nicholson Gold property located north of Missinabie, Ontario.

In October, 2008, Strike acquired an option on the Nicholson Gold property after initial investigation and surface grab samples returned grades as high as 188.92 gpt Au. In November, 2008, a channel sampling program over the main showing returned individual assays as high as 112.10 gpt over 0.46 m. Sampling of the south-east portion of the showing returned a weighted average grade of 14.77 gpt over 1.52 m for 57.3 m, and sampling of the north-west portion of the showing returned a weighted average grade of 8.95 gpt over 1.52 m for 16.3 m.

The Nicholson Gold Property lies in the eastern portion of the Wawa (Michipicoten) Greenstone Belt and is underlain predominantly by intermediate to felsic metavolcanics. North-west trending shear zones and tension shears have been identified hosting pinch and swell quartz veining with sulphides, and in some instances, visible gold.

In late May, 2009, Strike completed a diamond drill program on the main showing consisting of 30 drill holes for 1,153.2 metres. The program was developed to test for gold mineralization along the length of the main showing at staggered vertical depths from 10 to 55 metres.

The drilling program was carried out by Superior Diamond Drilling of Sault Ste. Marie, Ontario, providing NQ-sized core.

All samples of diamond drill core taken during the program were assayed for gold by Swastika Laboratories of Swastika, Ontario, an accredited laboratory. Accurassay Laboratories of Thunder Bay, Ontario provided certified reference material of three standards which were inserted into the sampling stream every twenty samples to provide a quality assurance check of the Swastika Laboratory results.

Two of the thirty diamond drill holes did not reach the targeted depth, and one hole had to be abandoned due to caving