Newstrike next to move!
http://www.newstrikecapital.com/
Newstrike lands surround Torex on 2 sides. They have the Ana Paula deposit which i believe will prove up 2.5 million ounces..
It is managed by a great group of people that i have met personally and fully support, they have been responsible for many millions of ounces discovered in the Gurrero Gold Belt! They know very well what they are looking for and believe they have it in Ana Paula
Newstrike Capital Inc. is a gold-silver focused explorer, targeting known and historic mining districts in Mexico. Current management and directors co-discovered Goldcorp’s and Teck’s significant discoveries in the Guerrero Gold Belt in Guerrero State, currently in advanced stages of exploration and production.
Newstrike holds a 100% interest in certain exploration properties in Mexico located within two established mining districts; the gold bearing oxidized iron skarn-porphyry camp of the Guerrero Gold Belt, and the polymetallic Ag-Au-Cu rich epithermal camp of the mining districts of Oaxaca State, and is increasing its position as strategic opportunities present themselves.
The Company is pleased to advise that its acquisition of a 100% interest in the Ana Paula mining concessions from Goldcorp Inc. (TSX:G, NYSE:GG) is nearing completion. The acquisition, initially announced March 3, 2010, received regulatory approval on April 28, 2010 and a definitive agreement was entered into on May 11, 2010. Final documentation could be signed and registered as early as June 23, 2010.
The 4 concessions that make up the Ana Paula properties, which comprise 7,662 hectares, are all internal to Newstrike’s existing land position and complement the Company’s 81,000 hectares of highly prospective mineral claims in the immediate area.
Newstrike controls a 100% interest in 81,330.04 contiguous hectares strategically located within the GGB. The company manages their land position under two contiguous projects, called Aurea Norte and Aurea Sur. The projects are divided geographically by the east-westerly trending Balsas River. Both projects have comparable geology with other deposits of the GGB.
