Strike Minerals Announces Filing of Certificate of Action

Strike Minerals Inc. (TSX VENTURE:STK) ("Strike" or the "Company") announces
that a statement of claim has been filed against the Company under the
Construction Lien Act (Ontario), by 161229 Canada Inc. carrying on business as
Whelan Mining Contractors ("Whelan"). Whelan claims that the Company owes money
for dewatering work undertaken by Whelan at the Company's Edwards Gold Mine
property (the "Property") and caused a Claim for Lien and Certificate of Action
to be registered on title. Whelan has also named Waterton Global Value
(Luxembourg) S.A.R.L. ("Waterton") as a defendant in relation to a charge
advanced by Waterton on the Property. 


The Company is currently in discussions with both Waterton and Whelan to come to
a settlement of this matter. The Company does not foresee any precipitous action
taken by any of the parties and looks forward to working with Waterton and
Whelan to come to a mutually agreeable settlement. 


About Strike 

Strike Minerals is a TSX-V listed company that is engaged in the exploration and
development of precious metal properties in Canada. Its primary property is the
former producing Edwards Gold Mine property in the Goudreau - Lochalsh Gold Camp
near Wawa, Ontario. Historic production in the camp between 1930 and 2001 is
estimated at 500,000 ounces of gold. Between 1996 and 2001 underground
development was completed through a decline to a depth of approximately 290 m
resulting in 145,000 oz Au being mined from the Property. 


Subsequent drilling on the Property has delineated an additional five zones that
have significant gold mineralization. Strike has commenced dewatering of the
underground workings in order to provide access to enable underground drilling
and bulk sampling of these new zones. The dewatering will also enable Strike to
evaluate old stopes and high grade mineralization that was not mined when the
mine was closed due to low gold prices in 2001. 


Strike also has a large land position in the Hemlo West area near Schreiber,
Ont. The property has a number of historic producers that produced small
tonnages of very high grade gold mineralization, averaging approximately 18-25
g/t gold, between 1935 and 1937 generally associated with shear zones in the
region. These shear systems have seen very little modern exploration, and drill
testing at or near a prominent syenite volcanic contact is considered highly
prospective for the discovery of additional gold mineralization. Strike will
conduct an initial program of surface geological and alteration mapping on the
property with a goal of increasing the understanding of the geologic and
structural relationships on the property in preparation for drill testing to
assess the extent and value of the mineralization.


Forward-Looking Statements 

Certain information set forth in this news release may contain forward-looking
statements that involve substantial known and unknown risks and uncertainties.
These forward-looking statements are subject to numerous risks and
uncertainties, certain of which are beyond the control of Strike, including, but
not limited to, the impact of general economic conditions, industry conditions,
volatility of commodity prices, risks associated with the uncertainty of
exploration results and estimates and that the resource potential will be
achieved on exploration projects, currency fluctuations, ability to raise funds,
dependence upon regulatory approvals, and the uncertainty of settling the action
brought against it by Whelan. There is no assurance that the company's
exploration projects will add to Strike's resource base in the short-term, or at
all. Readers are cautioned that the assumptions used in the preparation of such
information, although considered reasonable at the time of preparation, may
prove to be imprecise and, as such, undue reliance should not be placed on
forward-looking statements. 


FOR FURTHER INFORMATION PLEASE CONTACT: 
Strike Minerals Inc.
Kerry Smith
President
[e-mail]
[e-mail]