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Bottle Roll Gold Analyses Increase Grades at Titan

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Bottle Roll Gold Analyses Increase Grades at Titan

Toronto, Ontario CANADA, November 05, 2013 /FSC/ – Goldstream Minerals Inc. (GSX – TSX Venture), (“Goldstream” or “Goldstream Minerals”) is pleased to announce that cyanide bottle roll gold analyses of samples from the Titan gold showing have resulted in some significant increases in gold grade, suggesting that the tenor of gold mineralization at Titan could be higher than previously indicated. A total of 32 single and composite channel samples, plus repeat and duplicate samples, were subjected to 1,000 gm cyanide bottle roll testing for gold utilizing a 24 hour digestion period at Actlabs in Thunder Bay, Ontario. Sample 8 with a weighted assay grade from three channel samples (C-7) of 12.44 g/t Au using the conventional 50 gm fire assaying (FA) analytical method returned a calculated head grade of 14.73 g/t Au over a sample length of 1.30 m using the bottle roll method; an increase of 18.4% or 2.28 g/t Au (please see Table below). The second highest change was sample 20 that increased 45.7% or 0.65 g/t Au from 1.43 g/t Au by FA to a bottle roll grade of 2.08 g/t Au over a sample length of 1.65 m. All samples having a weighted FA gold concentration of greater than 0.02 g/t Au returned a new head gold grade, on average, of 20.2% higher (ranging from a loss of 1.10 g/t Au to gain of 2.29 g/t Au) using the cyanide bottle roll method. Much of the gold increases reported here are due to using larger sample size for gold analyses of 1,000 gm as compared to the 50 gram fire assay method. The percentage gold extraction by cyanide based on solution and leach residue averaged 88.3% ranging from 45.1% to 97.6%. This suggests that there is still free gold in the mineralized zone (possibly fine grained) and that much of the gold can be released from the sulphides with normal sample analytical crushing and pulverizing practices.

Gold mineralization at Titan appears to be confined to a large north to south trending S-Folded structure that can be followed for a strike length of at least 500 m as defined by both ground geophysical and soil geochemical survey results (see Figure below). This main structure will be a “high priority” drill exploration target for the next drilling program. The soil data also indicates the presence of two additional smaller parallel structures.

Richard Kilpatrick, President and CEO of Goldstream commented “The results of the bottle roll testing confirm what our technical team had long suspected: The small sample size of the previous assay method was underreporting the gold content of the areas being sampled. Therefore, in the future, all quartz veined mineralized zones at Titan will require both 50 gm FA as a first pass analysis with follow-up cyanide 1,000 gm bottle roll analyses for gold for samples that have anomalous gold. We believe that this analytical protocol should maximize gold recovery and assay returns. We are also encouraged by the very high gold recoveries which suggests that gold mineralization at Titan should respond favorably to conventional milling techniques.”

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Actlabs From To

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Number Samples Channel No (m) (m)

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1-1* C61935, 36, 37 C-3 3.50 4.85

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3* C61952-56 C-4 5.60 7.70

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4* C61963 C-4 10.85 11.30

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5* C61971 – 74 C-5 2.60 2.20

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6* C62012, 13 C-6 11.00 12.70

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7* C62014, 15, 17 C-6 12.70 14.60

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8* C62023, 24 C-7 0.20 1.50

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10* C62031 – 33 C-8 1.50 3.00

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12* C62037, 38 C-8 4.00 5.00

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13* C62040 C-8 5.50 6.00

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14* C62041, 42 C-8 6.00 6.80

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15* C62051 C-8 10.50 11.10

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16* C62066, 67 C-9 5.70 6.50

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17* C62081 C-10 5.60 6.00

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18* C62083, 84 C-10 6.00 7.00

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19* C62089, 90 C-11 1.70 2.85

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20* C62104 – 06 C-12 0.70 2.35

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21-1* C62107 – 09 C-12 2.35 3.95

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22* C62111 C-12 4.40 5.30

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23* C62146, 48 C-15 0.00 1.15

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27* C62217-219 C-19 0.60 1.90

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* = Composite Sample; %

Extraction (Based on Solution and Leach Residue grades)

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Actlabs Weighted Bottle Gold % %

Length Grade Roll Content

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Number Samples Length 50 gm FA Head Change Difference Extraction

(m) g/t Au Grade g/t Au

g/t Au

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1-1* C61935,36,37 1.35 0.36 0.41 0.05 12.72 91.87

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3* C61952-56 2.10 0.31 0.38 0.07 21.58 91.51

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4* C61963 0.45 0.86 0.98 0.12 13.40 91.80

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5* C61971-74 0.95 0.99 0.56 -0.43 -43.02 90.96

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6* C62012, 13 1.70 3.12 2.02 -1.10 -35.25 45.06

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7* C62014,15,17 1.90 0.65 0.69 0.04 6.46 90.03

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8* C62023,24 1.30 12.44 14.73 2.29 18.38 55.59

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10* C62031-33 1.50 0.21 0.30 0.09 40.86 95.60

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12* C62037,38 1.00 0.72 0.64 -0.08 -10.81 95.95

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13* C62040 0.50 0.16 0.38 0.22 139.19 89.03

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14* C62041,42 0.80 0.78 1.02 0.24 30.13 90.44

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15* C62051 0.60 0.14 0.30 0.16 116.36 93.40

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16* C62066,67 0.80 1.59 1.72 0.13 8.18 94.30

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17* C62081 0.40 0.16 0.22 0.06 38.25 90.96

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18* C62083,84 1.00 2.21 2.20 -0.01 -0.29 91.51

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19* C62089,90 1.15 0.44 0.54 0.10 23.27 94.84

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20* C62104-06 1.65 1.43 2.08 0.65 45.69 95.44

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21-1* C62107-09 1.60 1.33 1.19 -0.14 -10.47 90.09

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22* C62111 0.90 0.16 0.14 -0.02 -10.25 89.56

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23* C62146,48 1.15 0.10 0.15 0.05 53.20 96.08

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27* C62217-219 1.30 0.21 0.14 -0.07 -33.33 92.86

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Average 1.35 1.47 Average 20.20

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*= Composite Sample; % Extraction

(Based on Solution and Leach

grades) % Extraction (Based on Solution and Leach Residue grades)

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-****-

About Goldstream:

Goldstream Minerals Inc. is a gold exploration and development company with its material property being the Hardrock East Gold Project located in the Beardmore-Geraldton gold camp of northern Ontario. The Hardrock East Property consists of 348 square kilometres in the eastern portion of the Beardmore-Geraldton gold camp and is comprised of three principal targets: Titan, KLMS, and Pag Lake.

The geological information reported has been reviewed and approved by Paul Dunbar P.Geo, VP Exploration, who is a qualified person under the definitions established by National Instrument 43-101. Goldstream’s QA/QC procedures are as follows: Goldstream’s channel samples are 5 cm wide cut perpendicular to the strike of the vein and/or shear zone from mapped alteration in the footwall continuously through the vein and/or shear zone and into mapped alteration in the hanging wall. Channels are cut with a motorized circular saw to a depth of 10 cm and removed with a hammer. Channel sample spacing is nominally every 20 m along strike, dependent on outcrop size and geometry. Sample intervals are selected according to geologic contacts and visible mineralization, placed into a sample bag, and shipped to the assay lab for quantitative analysis of select elements. All Goldstream samples are currently being assayed by Activation Laboratories Ltd. and dropped off at their sample preparation lab in Geraldton. Blank and standard samples are routinely submitted with all sample batches sent to the lab for assay. At the completion of each program, approximately 5% of the grab/channel sample pulps are submitted to a secondary ISO certified laboratory for assay verification; currently using Accurassay in Thunder Bay.

To view the Titan ? Priority One Exploration Target map, click onto the following link:

http://www.usetdas.com/maps/goldstream/goldstreamnov52013002.jpg

ON BEHALF OF THE BOARD OF DIRECTORS

GOLDSTREAM MINERALS INC.

“Richard Kilpatrick”

Richard Kilpatrick

President and CEO

For further information, please contact Richard Kilpatrick, President and CEO at (416) 775-8774.

GOLDSTREAM MINERALS INC.

155 University Ave., Suite 1920

Toronto, ON M5H 3B7

Telephone: (416) 775-8774

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) has in any way passed upon the merits of the Transaction or approved or disapproved the contents of this press release. The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

Cautionary Statement Regarding Forward-Looking Information

This press release contains “forward-looking information” within the meaning of applicable Canadian legislation, concerning the business, operations and financial performance and condition of the Company. Forward-looking information includes, but is not limited to statements with respect to the anticipated developments in operations in future periods; planned exploration and development activities; the adequacy of financial resources; the interpretation of drill results; and the success of exploration activities. Generally, these forward-looking statements can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled estimates”, “forecasts”, “intends”, “anticipates”, “does not anticipate”, or “believes”, or variations of such words and phrases or statement that certain actions, events or results “may”, “could”, “would”, “might”, “will” or “will be taken”, “occur”, or “be achieved”. Forward-looking statements are based on the opinions and estimates of management as of the date such statements are made, and they are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements to be materially different from those expressed or implied by such forward-looking statements, including but not limited to: unexpected events during exploration and operation; delay or failure to receive board or government approvals; timing and availability of external financing on acceptable terms; conclusions of economic evaluations; changes in project parameters as plans continue to be refined; future prices of commodities; possible variations in resource, grade or recovery rates; failure of plant, equipment or processes to operate as anticipated; acts of terrorism; accidents, labour disputes and other risks of the mining industry; delays in the completion of development or construction activities, as well as those factors discussed herein. Although management has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. The Company does not undertake to update any forward-looking statements that are incorporated herein, except in accordance with applicable securities laws.

To view this press release as a PDF file, click onto the following link:

http://www.usetdas.com/pr/GoldstreamNov52013.pdf

Source: Goldstream Minerals Inc. (TSX-V: GSX)

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