Goldspike Receives Exchange Approval for Acquisition of Lone Mountain Zinc Property

Toronto, Ontario – July 23, 2014 – Goldspike Exploration Inc. (“Goldspike”) (TSX-V: GSE) is pleased to announce that, further to its press release dated June 24, 2014, it has received approval from the TSX Venture Exchange for the assignment (the “Assignment”) of the Lone Mountain Zinc Property comprised of 170 claims in Eureka County, Nevada (the “Transaction”) from Norvista Capital Corporation (“Norvista”). In connection with the Transaction and in consideration for the Assignment, Goldspike today issued 2,000,000 common shares of its capital stock (“Shares”) to Norvista at a deemed value of $0.15 per Share. The Shares are subject to a statutory four month and one day hold period expiring on November 24, 2014.

For further information contact:

4 King Street West, Suite 1500

Toronto, Ontario

M5H 1B6

Office: 416-504-8821

Bruce Durham, President and CEO

bdurham@goldspike.ca  

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy of this release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.