The companies engaged the services of Peter Walcott and Associates Limited to undertake a 12-line kilometre induced polarization program. The core of the survey was designed to test an area where historic soil and rock geochemistry yielded a number of targets of interest proximal to a large magnetic feature observed in the spring 2012 airborne magnetic program.

The induced polarization survey identified two large east-north easterly trending chargeability anomalies, proximal to known mineralized showing. The trends are similar to that identified in historic gold soil geochemistry results. As exact referencing of the historic geochemistry was unavailable, drill hole targeting was conducted primarily on the results of the induced polarization program.

In addition to the soil sampling program, a small stream sampling program was conducted over two additional magnetic features on the property. This met with limited success, and returned only weakly anomalous results.

The companies engaged the services of Black Hawk Drilling of Smithers, British Columbia, to undertake a drill program. Drilling consisted of 402.95 metres drill program in two drill holes, JBDD-12-01 (198.12 m) and JBDD-12-02 (204.83 metres). The drill focused on the areas where the 2012 IP program was conducted; 187 samples were collected from the core drilling. A summary of each of the drill hole is presented below along with select assays.

Hole JBDD-12-01

From 25.55m to 33.20m the aphanitic, mafic volcanic, with trace stringer and very finely disseminated pyrite.  Brecciated contact from 62.45m to 63.95m.  From 63.95m to the EOH at 198.12m is a dark green, aphanitic to fine grained, weakly to moderately magnetic. Trace disseminated chalcopyrite are at 66.30m, from 78.75m to 79.10m within quartz calcite veins with 3% disseminated pyrite and from 91.00m to 91.40m within chlorite stringers/fracture fills in a zone of pink clay alteration and  from 167.70m to 181.10m there are 5-10cm wide patches of epidote with trace disseminated chalcopyrite, associated with disseminated pyrite.  The assays yielded:

• From  78.75 m to 79.10 m (0.35 m) the drill hole intersected 3020 ppm Cu and 2230 bbp Au;
• From 90.60 m to 93.2o m (2.6 m) the drill hole intersected  an average 1616 ppm Cu.

Hole JBDD-12-02

The minor fault and vein with 1-5% disseminated pyrite, and trace disseminated chalcopyrite. From 156.20m to 160.50m is a light grey, coarse grained, felsic intrusive, with patchy brick red potassic alteration.  Below from 160.50m to 161.25m is a dark green mafic volcanic, followed by grey, strongly silicified, feldspar porphyry.  At 156.10m is a 5cm wide quartz, calicte, chlorite vein containing 5% disseminated and blebby pyrite, and trace disseminated chalcopyrite.

• From  155.75 m to 156.62m (0.45 m) the drill hole intersected 2620 ppm Cu and 398 bbp Au.

Conrad Swanson, President for International Samuel Exploration, stated “I believe that we are on the edge of something. Historic surface values of 1.21 oz/t gold and recent drill results of 3020 ppm, 2620 ppm copper are a good indications of a larger mineralization system”.

All drill samples were send to SGS Telkwla prep lab then sent shipped to SGS Vancouver where they underwent ICP40B analysis.

Technical information in this news release has been reviewed by Derrick Strickland P.Geo., a qualified person as defined in NI 43-101.

On behalf of Lucky Strike Resources Ltd.,

“Al Morishita”
Al Morishita
CEO & Director

Further Information

For further information relating to the Company or this release, please visit the Lucky Strike Resources website at www.luckystrikeresources.com or contact Investor Relations at 604-681-8225 or info@luckystrikeresources.com. The Company’s shares are listed on the Toronto Venture Stock Exchange under the symbol “LKY” and on the US OTC market as “LKYSF.”

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This news release may contain certain “Forward-Looking Statements” within the meaning of Section 21E of the United States Securities Exchange Act of 1934, as amended. All statements, other than statements of historical fact, included herein are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company’s expectations are disclosed in the Company’s documents filed from time to time with the TSX Venture Exchange, the British Columbia Securities Commission and the US Securities and Exchange Commission.

Please refer to our Disclaimer Page for the full disclaimer statement.

Vancouver, British Columbia, CANADA (December 21, 2012) – Lucky Strike Resources Ltd. (TSX.V-LKY), (the “Company”) is pleased to announce all matters placed before the shareholders in the annual and special meeting (AGM) were approved on December 20, 2012, in Vancouver, British Columbia, Canada.

The number of Directors for the Company was set at five with nominees including Allen Morishita, Cathy Fong, Patricia Wilson, Andre Klumb and Louie Mikulic, all were elected to serve as Directors to the Board for the ensuing year.

The Board of Directors met and appointed three of its Directors to serve as Officers, three Directors to serve on the Audit Committee and three Directors to serve on its Compensation Committee. The following reconstitutions and/or appointments were made:

Allen Morishita. Mr. Morishita has more than 30 years of experience in the securities industry as a Vice-President and investment advisor with Canaccord Genuity Corp. (September 1980 to May 2011). Mr. Morishita retired from Canaccord in May 2011, and is currently the President of Kyly Investment Ltd. and Secretary/Treasurer of Morquest Trading Corporation, both private investment companies. Mr Morishita is also a Director of Far Resources Ltd., a publicly listed Company.

Cathy Fong. Ms. Fong is an accomplished senior civil/structural professional engineer with over 20 years of experience in the mining, heavy industrial and commercial construction industries. She has completed detailed engineering assignments for Eskay Creek, Bell Creek, Lone Tree, Sigma, Gilbraltar, Enako, Loki, Campbell, Quinsam and Zaldivar Mines. Her professional experience includes completing projects for SNC-Lavalin, Hatch, BC Hydro, Proctor & Redfern and Quinn Dressel. Ms. Fong has broad project development experience.

Patricia Wilson. Ms Wilson has in-depth experience in operating a public company, having served Lucky Strike in various progressive positions as Chief Financial Officer, Corporate Secretary, Treasurer, and Director of Lucky Strike over the course of the past 21 years. Ms Wilson was the CEO of Lucky Strike between 2002 and 2010.

Andre Klumb. Mr Klumb is a M.Sc. geologist from Minas Gerais University, Brazil, with 15 years of experience. Mr Klumb has been consulting since 1996 and worked 7 years as a field geologist for Geological Survey of Brazil, Economic Geology Dept. In Canada he worked as a senior geologist for former Chapleau Resources, now Magellan Minerals, and as a Consultant for Mineral Hill Industries, Nass Valley Gateway, Golden Dawn Minerals, Dorato Resources and others. Mr Klumb has field work experience in Canada, Brazil, Mexico and Peru, and speaks English, Portuguese and Spanish. Mr. Klumb presently holds a position of Regional Manager with Armadillo Resources.

Ljubo (Louie) Mikulic. Mr. Mikulic has been active in the mining and oil and gas field since 1983. He has raised in excess of $350 million dollars for resource companies with focus on mining and oil and gas. He is experienced not only in financings, but also with team building and corporate governance.

About Lucky Strike Resources Ltd

Lucky Strike Resources is a growth-focused exploration company creating shareholder value through the exploration and development of mineral properties in British Columbia.

ON BEHALF OF MANAGEMENT,
LUCKY STRIKE RESOURCES LTD.
“Allen Morishita”
Allen Morishita, Chairman & CEO

Further Information

For further information relating to the Company or this release, please visit the Lucky Strike Resources website at www.luckystrikeresources.com or contact Investor Relations at 604-360-8199 info@luckystrikeresources.com

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This news release may contain certain “Forward-Looking Statements” within the meaning of Section 21E of the United States Securities Exchange Act of 1934, as amended. All statements, other than statements of historical fact, included herein are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company’s expectations are disclosed in the Company’s documents filed from time to time with the TSX Venture Exchange, the British Columbia Securities Commission and the US Securities and Exchange Commission.

Please refer to our Disclaimer Page for the full disclaimer statement.

The survey was designed to locate potential sulphide mineralization between the Ridge and Jewelry Box showings – separated by some 1.3 kilometres – where historic samples yielded up to 1.21 oz/t Gold.

The survey yielded two northeast trending chargeability anomalies, proximal to both the Ridge and Jewelry Box showings respectively. The southern anomaly (Jewelry Box) shows a moderate intensity chargeability anomaly with main core associated with a historic gold soil geochemistry anomaly with values up to 770 ppb Au. The core of the anomaly is some 400 metres x 700 metres in dimensions. A second anomaly to the north – proximal to the Ridge showing remains open to both the north and east.  See the International Samuel company website for a map of the anomaly.

In addition to the ground geophysical survey, the company conducted silt sampling over possible porphyry targets identified in the 2012 airborne magnetic survey.

A drill program has been fully permitted and will commence shortly.

Technical information in this news release has been reviewed by Derrick Strickland P. Geo., a qualified person as defined in NI 43-101.

ON BEHALF OF THE BOARD OF DIRECTORS,

“Conrad Swanson”
President
INTERNATIONAL SAMUEL EXPLORATION CORP.

For further information please contact:

Telephone: 604-718-5454
Toll Free: 888-500-4587
Email: info@internationalsamuel.com

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this news release.

About Lucky Strike:

Lucky Strike Resources Ltd. is a Canada-based exploration stage company. The Company is engaged in the process of exploring and/or developing properties in British Columbia. The Company has property in Yreka, British Columbia, option agreements on Grizzly and Aspen properties in Dawson, Yukon, and an option agreement on the Jewelry Box property near Smithers, British Columbia.

On behalf of Lucky Strike Resources Ltd.,

“Al Morishita”

Al Morishita
CEO & Director

Further Information

For further information relating to the Company or this release, please visit the Lucky Strike Resources website at www.luckystrikeresources.com or contact Investor Relations at 604-681-8225 or info@luckystrikeresources.com. The Company’s shares are listed on the Toronto Venture Stock Exchange under the symbol “LKY” and on the US OTC market as “LKYSF.”

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This news release may contain certain “Forward-Looking Statements” within the meaning of Section 21E of the United States Securities Exchange Act of 1934, as amended. All statements, other than statements of historical fact, included herein are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company’s expectations are disclosed in the Company’s documents filed from time to time with the TSX Venture Exchange, the British Columbia Securities Commission and the US Securities and Exchange Commission.

Please refer to our Disclaimer Page for the full disclaimer statement.

In order to earn a 50% interest in the Property, Lucky Strike is required to fund $1,000,000 of exploration expenditures on the Property within a period of three years, and issue to ISS or its nominee an aggregate of 500,000 common shares in the capital of the Company upon the date of receipt of final acceptance from the Exchange to the Option Agreement. In the event that the Company does not complete all of the funding requirements for exploration expenditures on the Property to earn its 50% interest in the Property, ISS has agreed to return the 500,000 shares to Lucky Strike for cancellation, whereupon Lucky Strike will be deemed to have abandoned its right to earn an Option in the Property and the Option Agreement will terminate The work program for the Property for this field season consists of further ground geophysics, soil sampling and a minimum of 1,000m of drilling. Permits have been issued and work is anticipated to commence within two weeks.

ISS will be the operator on the Property during the currency of the Option.

Upon exercise of its option to earn a 50% undivided interest in the Property, Lucky Strike and ISS will form a joint venture for further exploration and development of the Property.

ON BEHALF OF LUCKY STRIKE RESOURCES LTD.

“Al Morishita”
Al Morishita
President and Chief Executive Officer

Further Information

For further information relating to the Company or this release, please visit the Lucky Strike Resources website at www.luckystrikeresources.com or contact Investor Relations at 604-681-8225, info@luckystrikeresources.com

The Company’s shares are listed on the Toronto Stock Exchange under the symbol “LKY” and on the US OTC market as “LKYSF.”

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This news release may contain certain “Forward-Looking Statements” within the meaning of Section 21E of the United States Securities Exchange Act of 1934, as amended. All statements, other than statements of historical fact, included herein are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company’s expectations are disclosed in the Company’s documents filed from time to time with the TSX Venture Exchange, the British Columbia Securities Commission and the US Securities and Exchange Commission.

Please refer to our Disclaimer Page for the full disclaimer statement.

Vancouver, British Columbia, Canada (April 27, 2012) – Lucky Strike Resources Ltd. (TSXV – LKY), (the “Company”) is pleased to announce the completion of its previously announced non-brokered private placement (the “Offering”) for gross proceeds of $559,920 though the issuance of 1,636,000 flow-through units (each a “FT Unit”) and 1,000,000 non-flow-through units (each a “NFT Unit”) at a purchase price of $0.22 per FT Unit and $0.20 per NFT Unit.   Each FT Unit consists of one common share (a “FT Share”) in the capital of the Company, issued on a flow-through basis under the Income Tax Act (Canada), and one-half of one non-flow-through common share purchase warrant (each whole warrant, a “FT Warrant”).  Each FT Warrant is exercisable to acquire one non-flow-through common share (a “FT Warrant Share”) in the capital of the Company, at an exercise price of $0.30 per FT Warrant Share until April 26, 2014, subject to an accelerated expiry date as set out below.  Each NFT Unit consists of one non‑flow-through common share (a “NFT Share”) in the capital of the Company and one non‑flow-through common share purchase warrant (a “NFT Warrant”).  Each NFT Warrant is exercisable to acquire one non-flow-through common share (a “NFT Warrant Share”) in the capital of the Company at an exercise price of $0.30 per NFT Warrant Share until April 26, 2014, subject to an accelerated expiry date as set out below.

In the event that at any time the closing price of the issued and outstanding common shares of the Company on the TSX Venture Exchange is greater than or equal to $0.50 for a period of 15 consecutive trading days, the Company may, at its option, accelerate the expiry date of the FT Warrants and the NFT Warrants by giving notice to the holders thereof and in such case the FT Warrants and the NFT Warrants will expire on the date which is the earlier of: (i) the 30th day after the date on which such notice is given by the Issuer; and (ii) the original expiry date.

In connection with the Offering, the Company paid to an arm’s length finder a finder’s fee in cash of $35,600 and issued to the finder an aggregate of 207,500 non‑transferable common share purchase warrants that entitle the finder to purchase up to 207,500 common shares in the capital of the Company at a purchase price of $0.30 per share at any time until April 26, 2014, subject to an accelerated expiry date as set out above, in consideration for their services provided to the Company in connection with the Offering.

All securities issued in connection with the Offering are subject to a hold period expiring on August 27, 2012.

The net proceeds from the Offering will be used for the exploration of the Grizzly and Aspen properties and for general working capital purposes.

ON BEHALF OF LUCKY STRIKE RESOURCES LTD.

“Cathy Fong”
Cathy Fong, P.Eng,
Chairman

Further Information

For further information relating to the Company or this release, please visit the Lucky Strike Resources website at www.luckystrikeresources.com or contact Investor Relations at 604-360-8199 info@luckystrikeresources.com .

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States or to U.S. Persons as defined under applicable securities laws unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This news release may contain certain “Forward-Looking Statements” within the meaning of Section 21E of the United States Securities Exchange Act of 1934, as amended. All statements, other than statements of historical fact, included herein are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company’s expectations are disclosed in the Company’s documents filed from time to time with the TSX Venture Exchange, the British Columbia Securities Commission and the US Securities and Exchange Commission.

VANCOUVER, BRITISH COLUMBIA, March 13, 2012 – Lucky Strike Resources Ltd. (“Lucky Strike” or the “Company”) (TSX-V: LKY), is pleased to announce that it has entered into two letter agreements with Independence Gold Corp. (“IGO”) (TSXV:IGO)  pursuant to which, subject to acceptance of the TSX Venture Exchange (the “Exchange”), IGO has granted to the Company an option to acquire up to a 70% interest in the Grizzly property (the “Grizzly Property”) located in the Dawson mining district in the Yukon Territory which consists of 600 mineral claims and covers approximately 12,546 hectares, and a separate option to acquire up to a 70% interest in the Aspen property (the “Aspen Property”) also located in the Dawson mining district in the Yukon Territory which consists of an aggregate of 510 mineral claims and covers an aggregate of approximately 10,664 hectares.  The Grizzly Property and the Aspen Property are not contiguous.  The grant of the options by IGO to the Company are arm’s length transactions.

Grizzly Property Option Agreement

In consideration for the grant of the option on the Grizzly Property, the Company has agreed to pay a non-refundable payment to IGO of $30,000; issue to IGO an aggregate of 100,000 common shares and to fund $250,000 of exploration on the Grizzly Property. In order to earn a 60% interest in the Grizzly Property, Lucky Strike is required to make payments to IGO of $75,000; issue to IGO an aggregate of 200,000 common shares; and to fund or incur an aggregate of $1,250,000 of exploration expenditures on the Grizzly Property within a period of two years.

Lucky Strike has the option to earn an additional 10% interest in the Grizzly Property, for an aggregate total interest of 70% by paying to IGO an additional $125,000, issuing to IGO an additional 250,000 common shares and providing funding to IGO or incurring an additional $1,250,000 of exploration expenditures on the Grizzly Property within a period of three years.

Aspen Property Option Agreement

In consideration for the grant of the option on the Aspen Property, the Company has agreed to pay a non-refundable payment to IGO of $20,000; issue to IGO an aggregate of 100,000 common shares and to fund $250,000 of exploration on the Aspen Property. In order to earn a 60% interest in the Aspen Property, Lucky Strike is required to make payments to IGO of $75,000; issue to IGO an aggregate of 200,000 common shares; and fund or incur an aggregate of $1,250,000 of exploration expenditures on the Aspen Property within a period of two years.

Lucky Strike has the option to earn an additional 10% interest in the Grizzly Property, for an aggregate total interest of 70% by paying to IGO an additional $125,000, issuing to IGO an additional 250,000 common shares and providing funding to IGO or incurring an additional $1,250,000 of exploration expenditures on the Grizzly Property within a period of three years.

IGO will be the operator on each Property during the first year of each option and will continue in the position of the operator until the options are exercised unless Lucky Strike provides notice to IGO that it wishes to assume the position as the operator.

Upon exercise of its option to earn a 60% undivided interest in each respective Property, Lucky Strike and IGO will form a joint venture for further exploration and development of the respective Property.

Project Focus Update

Lucky Strike has withdrawn from all project interests in Mongolia and will be focusing its efforts on initially acquiring mineral interests in Canada with good exploration potential.  It is partnering with Independence Gold to earn up to a 70% interest in each of the Grizzly and Aspen properties located in the Yukon.  Independence Gold is a well-financed company focused on the exploration of properties previously held by Silver Quest and will be the initial operator to conduct the exploration work on these properties.  It is led by the previous management team and board of Silver Quest.

Financing

Lucky Strike also announces a non-brokered private placement of up to 2,000,000 units (each a “Unit”) at a price of $0.20 per Unit to raise gross proceeds of up to $400,000 (the “Offering”).  Each Unit will consist of one common share and one warrant (a “Warrant”). Each Warrant will be exercisable to acquire one common share at an exercise price of $0.30 at any time for a period of two years from the date of issuance.

Lucky Strike also announces a non-brokered private placement of up to 3,000,000 flow-through units (each a “FT Unit”) at a price of $0.22 per FT Unit to raise gross proceeds of up to $660,000 (the “FT Offering”).  Each FT Unit will be comprised of one common share of the Company to be issued on a “flow-through” basis under the Income Tax Act (Canada) and one-half of one warrant (each whole warrant a “Warrant”). Each whole Warrant will be exercisable to acquire one additional non-flow-through common share of the Company at an exercise price of $0.30 any time for a period of two years from the date of issuance.

The Offering and the FT Offering are subject to the acceptance of the Exchange. The Company may pay finder’s fees in cash and/or securities of the Company in respect of the Offering and the FT Offering.   All securities issued to purchasers and finders under the Offering and Flow-Through Offering will be subject to a four-month hold period from the date of issuance of the securities, pursuant to applicable securities legislation and the policies of the Exchange.

The proceeds of the Offering and Flow-Through Offering will be used for the exploration of the Grizzly Property and the Aspen Property, and for general working capital.

Management

The Company also wishes to announce that Mr. Allen Morishita has been appointed as President and CEO of the Company and Ms. Fong will act as Chairman of the Board of Directors of the Company.  Mr. Morishita has more than 30 years experience in the securities industry as a Vice-President and investment advisor with Canaccord  Genuity Corp. (“Canaccord”).  Having retired from Canaccord in May, 2011, Mr. Morishita is currently the President of Kyly Investments Ltd. and Secretary/Treasurer of Morquest Trading Corporation, both private investment companies.

Dodge Li, Michele Ashby and Kevin Ernst have resigned from the Board to pursue other opportunities and the Company thanks them for their active participation and commitment as directors of the Company.

Edwin Ullmer, P. Geo., a Qualified Person as defined by National Instrument 43-101 and an independent consultant of the Company, has read and approved the technical and scientific information contained in this news release.

ON BEHALF OF LUCKY STRIKE RESOURCES LTD.

“Cathy Fong”
Cathy Fong, P.Eng,
Chairman

Further Information

For further information relating to the Company or this release, please visit the Lucky Strike Resources website at www.luckystrikeresources.com or contact Investor Relations at 604-360-8199   info@luckystrikeresources.com

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Please refer to our Disclaimer Page for the full disclaimer statement.

VANCOUVER, BRITISH COLUMBIA, December 19, 2011 – Lucky Strike Resources Ltd. (“Lucky Strike” or the “Company”) (TSX-V: LKY), is pleased to announce all matters placed before the shareholders in the annual and special meeting (AGM) were approved on December 16, 2011, in Vancouver, British Columbia, Canada.

At the AGM, Cathy Fong was elected Chairman, CEO and Director of Lucky Strike Resources Ltd. The number of Directors for the Company was set at six with nominees including Cathy Fong, Patricia Wilson, Dodge Li, Andre Klumb, Michele Ashby and Kevin Ernst who were returned as Directors to the Board for the ensuing year.

Following the AGM, the Board of Directors met and appointed three of its Directors to serve on the Audit Committee and three Directors to its Compensation Committee. The following reconstitutions and/or appointments were made:

Cathy Fong. Ms. Fong is an accomplished senior civil/structural professional engineer with over 20 years of experience in the mining, heavy industrial and commercial construction industries. She has completed detailed engineering assignments for Eskay Creek, Bell Creek, Lone Tree, Sigma, Gilbraltar, Enako, Loki, Campbell, Quinsam and Zaldivar Mines. Her professional experience includes completing projects for SNC-Lavalin, Hatch, BC Hydro, Proctor & Redfern and Quinn Dressel. Ms. Fong has broad project development experience.

Patricia Wilson. Ms Wilson has in-depth experience in operating a public company, having served Lucky Strike in various progressive positions as Chief Financial Officer, Corporate Secretary, Treasurer, and Director of Lucky Strike over the course of the past 20 years. Ms Wilson was the CEO of Lucky Strike between 2002 and 2010.

Dodge Li. Mr. Li graduated from Shandong University with a Masters Degree in Physics, and was appointed as a Teaching Associate in the Physics Department of Shandong University before coming to Canada. From 1983 to 1989, he was enrolled in the graduate study program in the Physics Department of Ottawa University and the University of British Columbia and also worked as a Teaching and Researching Assistant. Mr. Li brings to Lucky Strike more than 15 years of investment experience on China related projects including structuring, planning and implementing Sino Joint Ventures.

Andre Klumb. Mr Klumb is a M.Sc. geologist from Minas Gerais University, Brazil with 15 years of experience. Mr Klumb has been consulting since 1996 and worked 7 years as a field geologist for Geological Survey of Brazil, Economic Geology Dept. In Canada he worked as a senior geologist for the former Chapleau Resources, now Magellan Minerals, and as a Consultant for Mineral Hill Industries, Nass Valley Gateway, Golden Dawn Minerals, Dorato Resources and others. Mr Klumb has field work experience in Canada, Brazil, Mexico and Peru, and speaks English, Portuguese and Spanish. Mr. Klumb presently holds the position of Regional Manager with Armadillo Resources.

Michele Ashby. Ms. Ashby is currently the CEO of Meetings International Natural Resources Enterprise (MiNE LLC).  She started her career as a retail stockbroker for 12 years, and served as mining analyst for a regional US brokerage firm for 8 years. She was the assistant dean for the on-line Mining Investment College in 1997.  From 1988 to 2005 Michele served as CEO and founder of the Denver Gold Group in the USA, an international trade association for the gold mining industry.  In 2005, Ms. Ashby left the Denver Gold Group and started her own company, MiNE LLC, which organizes private investor meetings for the finance, natural resources, mining, and energy sectors.  Ms. Ashby is also a member of the board of directors of US Gold Corp., a New York Stock Exchange listed (UXG) mining company with projects in North America and Mexico.  Ms. Ashby is also the author of “The Modern Energy Matchmaker”, which was released in the fall of 2010 and “How to Invest in Mining Stocks” published in 1987.

Kevin Ernst. Mr. Ernst is the former Managing Director of Global Sale for the American Stock Exchange. He has over 22 years of high net worth services and investment management consulting experience with the financial industry’s leading organizations including Merrill Lynch, UBS, NYSE Amex and NYSE Euronext China.  Mr. Ernst earned both his Bachelor’s Degree and MBA in Finance from Rutgers University. He also earned a Certified Investment Management Analyst (CIMA) designation through the Wharton School of the University of Pennsylvania and holds both his Series 7 and 66 registrations with FINRA.   Mr. Ernst currently serves as managing partner at Ernst Capital Partners, Inc., a boutique financial advisory firm with broad experience in mining and oil and gas companies in the U.S, and Canada and the People’s Republic of China.

Most recently, Mr. Ernst served as Managing Partner at Grandview Capital Inc, where he specialized in executing capital market transactions for both private and public companies, including reverse mergers, PIPE financings, private placements and structuring transactions. Prior to joining Grandview Capital, Mr. Ernst spent 8 years serving as Managing Director for the NYSE Euronext/NYSE Amex where he directed and advised the U.S. senior exchange listings for hundreds of companies based in Canada, China, Australia and the U.S.  Prior to joining NYSE AMEX in 2000, Mr. Ernst was a Director for UBS’s Investment Consulting Services Group where he managed a 17-person institutional sales team. Prior to UBS, Mr. Ernst worked in Merrill Lynch’s Private Client Division for 12 years.

Charn Deol resigned as Vice President of Corporate Development on March 3, 2011, to concentrate on other projects.

About Lucky Strike Resources Ltd

Lucky Strike Resources is a growth-focused exploration company creating value through the exploration and development of coal, minerals and energy in Mongolia. Mongolia, centered between the growing consumption markets of China and Russia, holds vast, untapped and rich coal resources. Lucky Strike plans to first explore and develop the CN Project in Central Mongolia and the NKAK Coal Properties in South-western Mongolia.  The Management team has extensive experience in the global exploration and mining industry as well as in Asia.

ON BEHALF OF LUCKY STRIKE RESOURCES LTD.

“Cathy Fong”

Cathy Fong, P.Eng,
Chairman & CEO

Further Information

For further information relating to the Company or this release, please visit the Lucky Strike Resources website at www.luckystrikeresources.com or contact Investor Relations at 604-360-8199 or info@luckystrikeresources.com.

The Company’s shares are listed on the Toronto Stock Exchange under the symbol “LKY” and on the US OTC market as “LKYSF.”

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Lucky Strike Resources Ltd. will hold its Annual and Special Meeting at 10:00 a.m. Pacific Time on Friday, December 16th, 2011, in its offices located at Suite 802 – 750 West Pender Street, Vancouver, BC. All shareholders are welcome to join the meeting.

VANCOUVER, BRITISH COLUMBIA, November 16, 2011- Lucky Strike Resources Ltd. (“Lucky Strike” or the “Company”) (TSX-V: LKY), is pleased to announce seven out of eight drill holes encountered significant coal mineralization in its due diligence drilling program on the CN Coal Project. The coal properties covers a contiguous area of 13,096 hectares (131 sq.km) located approximately 175 km SW of the capital city of Ulaanbaatar and 45 km SE of the Buren Soum village center in the Tuv Aimag province in Mongolia.

The seven drillholes intersecting coal mineralization were step-out holes beyond the previously drilled area, expanding the area containing coal mineralization intercepts from 8 square km (a 4 km by 2 km area) to 24 square km (a 6 km by 4 km area).  A total of 1,517 meters in eight drill holes were completed using primarily a poly-crystalline diamond (PCD) rotary drill bit. Six drill holes intersecting coal mineralization were spaced along an approximately 6 km strike within the license areas under option by Lucky Strike, and the coal intercepts are open at both ends of the 6 km strike length ascertained by the latest drilling effort.  Also, coal was intercepted in holes spaced approximately two kilometers apart from one another outside the previously drilled area in a down-dip direction. See Table 1 for a brief summary of drill hole parameters and results.

Two drill holes (33R and 38R), spaced approximately 900 meters apart on strike, each intercepted approximately 39 metres of coal mineralization in individual seams.  It is reasonable to interpret these intercepts as possibly being correlative coal seams based on their similar thickness, overall stratigraphy, geomorphic interpretation of possible surface expressions of fault structures, and their relative proximity to one another.

Results of the 2011 exploration program are as follows:

Lucky Strike’s principal focus was to understand the potential to increase the known mineralized area by means of step-out drilling. Beyond this, the Company completed proximate analysis, ash fusion, wash sink and float testing for the CN-11-34C core hole samples to understand the commercial potential of the CN Coal deposit in terms of the coal quality. The results in the following summary tables 2 to 6 showed thermal coal quality values, a high degree of washability and other coal characteristics that are suitable for coal-fired boiler systems. The potential for a sizable deposit and commercial use of the CN Coal deposit are important factors for Lucky Strike to consider in its decision whether to advance the project.

Coal samples from the core hole were sent to SGS Laboratory, in Ulaanbaatar for coal quality testing. Norwest Corporation guided the general layout of the due diligence drilling program, supervised and verified the core sampling procedure for all coal quality samples.

Considering the positive confirmation of the coal deposit and significant extension of the known mineralized area by the step-out drilling program results, Lucky Strike will aim to further explore the CN Project to test the potential to further increase the size of the coal deposit. The coal beds are part of the lower Cretaceous Dzuunbayan suite of terrigenous sediments that were deposited in Cretaceous rift valleys during a period of basin and range-style structural extension in central Mongolia. The Dzuunbayan suite is part of a sediment series carrying significant coal resources in the Choir-Nyalga Coal Basin.

In accordance to the NI 43-101, five coal seams of economic interest have, thus far, been intersected by drilling on the CN coal property.  The coal beds, which dip gently 7o to 10o north-eastward into the property block from the nearby western block boundary, provide supporting evidence that the interior of the license block has additional coal resource potential.  Additionally, from historic and published mapping and initial Lucky Strike field studies, the dipping strata may form the west flank of a gentle synclinal fold. It implies a possible return to shallower depths of the coal beds to the northeast. This will need to be confirmed by future drilling, geophysical surveys, and additional geologic mapping. The coal seams intersected in the 2009 and 2011 drilling were less than 280 metres in depth; however, the dip of the seams suggests that the lower seams extend below a depth of 280 metres to the northeast.

Edwin Ullmer, P. Geo., a Qualified Person as defined by National Instrument 43-101 and an independent consultant of the Company, has read and approved the technical and scientific information contained in this news release.

About Lucky Strike Resources Ltd

Lucky Strike Resources is a growth-focused exploration company creating value through the exploration and development of coal, minerals and energy in Mongolia. Mongolia, centered between the growing consumption markets of China and Russia, holds vast, untapped and rich coal resources. Lucky Strike plans to first explore and develop the CN Project in Central Mongolia and the NKAK Coal Properties in South-western Mongolia.  The Management team has extensive experience in the global exploration and mining industry as well as in Asia.

ON BEHALF OF LUCKY STRIKE RESOURCES LTD.

“Cathy Fong”

Cathy Fong, P.Eng,
Chairman & CEO

Further Information

For further information relating to the Company or this release, please visit the Lucky Strike Resources website at www.luckystrikeresources.com or contact Investor Relations at 604-360-8199 info@luckystrikeresources.com

The Company’s shares are listed on the Toronto Stock Exchange under the symbol “LKY” and on the US OTC market as “LKYSF.”

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