STRIKE RESOURCES LIMITED — Board/Management Information 2011

Feb 10, 2011

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Market Announcement

Apurimac Ferrum Appoints CEO

Following the Company’s announcement that its Peruvian joint venture company Apurimac Ferrum S.A. (AF) intends to strengthen its team to deliver the next phase of its Apurimac Project, Strike is pleased to announce the appointment of Thomas Kelly as Chief Executive Officer of AF, commencing in March 2011.

Mr Kelly holds a masters degree in Mining Engineering from the Colorado School of Mines and has 35 years’ experience in mineral exploration, mine production, mineral industry consulting and corporate management. He has worked in CEO and senior management positions with resource companies in various countries. In these roles he has managed several large exploration projects and feasibility studies. His experience includes 12 years in senior roles in Latin America, including the last 3 years based in Peru.

Mr Kelly is experienced in managing government and community relations for mining project development in Peru, which makes him ideally suited to lead AF through the resource expansion and feasibility study stage.

Mr Kelly will report to AF President Ken Hellsten.

Acting Chairman Professor Malcolm Richmond said: “ AF is very fortunate to have secured a candidate of Mr Kelly’s stature as Chief Executive Officer. He has the right skills and experience to lead AF through the next phase of project development. ”

Strike is also pleased to announce the appointment of geologist Ian Cullen to its team. Mr Cullen has over 30 years’ experience as a geologist, specialising in iron ore and gold. He has worked in leading roles with some of the world’s largest producers of these minerals. Mr Cullen’s achievements include heading up exploration programs which resulted in producing mines.

Mr Cullen’s principal focus will be to advise on the regional iron ore exploration potential and priorities for AF’s Apurimac concessions in conjunction with the AF geological team.

Friday, 11 February 2011

For further information:

Malcolm Richmond Acting Chairman T | +61 8 9324 7100

Ken Hellsten Managing Director T | +61 8 9324 7100

Strike Resources Limited (ABN 94 088 488 724) Level 8, 221 St Georges Terrace, Perth, Western Australia, 6000 Tel: +61 8 9324 7100 Fax: +61 8 9324 7199

Web: www.strikeresources.com.au Email: info@strikeresources.com.au