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Newstrike Capital Announces New Mineralization Discovery at Ana Paula Project

Newstrike Capital has announced the new discovery at the Ana Paula project through the expansion of the hole AP-11-67.

The company has intersected 3.15 g/t gold over 7.98 m, 1.92 g/t gold over 15.51 m, 1.34 g/t gold over 21.20 m and 0.96 g/t gold over 36.00 m.

The hole AP-11-67 is situated to the southwest of the surface gold anomaly, which is the initial exploration target at the project. This step out hole is of one kilometre length towards the discovery hole AP-10-19’s southwest part. The company previously encountered 0.81 g/t gold over 4.50 m from this hole. It expanded the hole to its target depth, and several gold bearing horizons were cut by the hole. Shallow mineralization is found in the hole AP-11-67 and is continuing through the vertical drill hole. This mineralization is present in an inter-layered hornfels, intrusion, and skarn environment identical to the drilled region at the project. This discovery has validated the size, analysis and scope of the project.

The company will start the exploratory campaign for 2012 with a four drilling rig program, which will continually explore the Ana Paula target. This program has included the current definition drill program at the Breccia zone and contiguous mineralization and also the follow up drilling at the discovery hole AP-11-67. Newstrike is working continuously for a proposed NI43-101 resource calculation at the end of the first quarter of 2012.

This project is located central to the company’s 88,000 ha in the GGB and establishes a portion of a district scale mining camp, which has the Morelos Project of Torex Gold and Los Filos project of Goldcorp.

Source: http://www.newstrikecapital.com/

Joel Scanlon

Written by

Joel Scanlon

Joel, originally from the UK, emigrated to Australia in 1995 and spent 5 years working in the mining industry as an exploration Geo-technician where he developed skills in GIS Mapping and CAD. Joel also spent a year working underground in a gold/copper mine. Upon moving to the North Coast of NSW, Australia Joel worked as a graphic designer for a leading consultancy firm before starting a successful business providing graphic and web design services to local businesses on the eastern seaboard of Australia. Joel is skilled in project management, web programming, design, animation, database and networking, software and editing. Joel has been with AZoNetwork since its inception in 2000.

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