Goldspike Exploration Inc. Provides Project and Corporate Update

Goldspike Exploration Inc. (“Goldspike” or the “Company”) (TSX VENTURE:GSE) has completed its exploration field work for the 2012 season and has received notification that the optionee of the Summit Property has renewed the option for another year. On December 13, 2012 Kaminak Gold Corporation (“Kaminak”) announced a maiden resource estimate on its Coffee Project that was headlined: “3,236,000 ounces of Gold at the Coffee Creek Project Yukon” (Kaminak Press Release December 13, 2012). The Company’s VIP Property is located to the west of the Coffee Project.

The Company’s main areas of focus are the VIP Property and surrounding claims, located to the west along trend from Kaminak’s Coffee Project and the Goodman Property adjacent to the southwest along trend of Victoria Gold’s multi-million ounce Dublin Gulch Project. On September 25, 2012 Independence Gold Corp. (“Independence”) reported gold in soil samples grading up to 4.53g/t on a claim group on the east boundary of the VIP Property and just west of the Coffee Project. The VIP Property and surrounding claims cover more than 15 kilometres along the trend of regional structures in the area west of Kaminak and Independence. At the time of the press release announcing the discovery of the new ‘Denali’ gold zone, Independence reported they were commencing a trenching program to more fully evaluate the new showing area located between Kaminak’s Coffee Project and Goldspike’s VIP Property. Additional information is to be available in 2013. The Independence property, called the YCS Property, is subject to an underlying royalty payable to Goldspike.

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