Newstrike continues to discover more ounces
NEWSTRIKE CAPITAL INTERSECTS 173.5 METERS OF 3.07 G/T AU AT THE ANA PAULA
PROJECT, INCLUDING A 46.40 METER INTERVAL OF 7.08 G/T AU
Vancouver, B.C., March 14th, 2012 – Newstrike Capital Inc. (TSXV: NES) (“Newstrike” or the
“Company”) is pleased to announce the results of the first series of holes completed in the 2012 drill
program at the Company’s 100%-owned Ana Paula Project, Guerrero Gold Belt (GGB). These drill results
are from an exploration and delineation program begun in October of 2010 that continues to test a one by
two kilometer exploration target area as defined by anomalous surface gold geochemistry and underlying
geophysical anomalies. The results reported here include two drill holes from the ongoing delineation of
the high grade Breccia Zone discovery located in the southeast quadrant of the target area, reports results
from two holes located in the southwest quadrant that are part of program to follow up the new discovery
announced with AP-11-67 (November 28th, 2011 press release), and reports on two drill holes located in the
northeast quadrant that are from an ongoing step out drill program that continues to explore new targets.
Highlights from this series include:
• Breccia Zone Delineation Program, Southeast Quadrant: Drill hole AP-12-81 returned a
90.70 meter interval of 0.48 g/t Au followed by a 173.50 meter interval of 3.07 g/t Au that
includes 46.40 meters of 7.08 g/t Au.
• Southwest Quadrant: Drilling continues to outline a strong mineralized alteration envelope
with hole AP-12-78 returning multiple low grade intersects the best of which was 12.74
meters of 0.52 g/t gold. Drill hole AP-12-83 returned among other intersects 11.97 meters of
0.52 g/t Au, 24.15 meters of 0.43 g/t Au, 9.50 meters of 0.67 g/t gold, 63.40 meters of 0.42 g/t
gold and 17.70 meters of 2.12 g/t gold that includes a 1.87 meter interval of 17.73 g/t Au.
• Northeast Quadrant: Drill hole AP-12-82 drilled a previously untested area of strong
alteration and mineralization located to the west of and outside of the currently defined
main Ana Paula mineralized trend. Strong mineralization was intersected over multiple
intervals from near surface to the bottom of the hole, including among other intersects, 9.50
meters of 1.11 g/t Au and 6.1 g/t Ag, 28.00 meters of 0.94 g/t Au and 16.3 g/t Ag, 7.25 meters
of 0.78 g/t Au and 27.7 g/t Ag, 7.14 meters of 0.81 g/t Au and 34.3 g/t Ag and 12.76 meters of
1.05 g/t Au and 12.4 g/t Ag.
Selected highlights from this series of drill results are presented in the following table.
Southeast Quadrant Drill Holes– Breccia Zone Delineation
Drill holes AP-12-80, AP-12-81 and AP-12-84 are part of the ongoing program to infill and delineate the
boundaries of the Breccia Zone first discovered in AP-10-19 (January 18th, 2011 PR). Results are still
pending for the fourth hole in this series.
Drill hole AP-12-81 was drilled northwesterly to test the shallow southeastern boundary of the Breccia
Zone, and was extended to test mineralization at depth along the northwestern boundary of the breccia zone
beneath AP-11-68 and AP-11-72. Drill hole AP-12-81 returned strong mineralization between a downhole
depth of 2.00 to 348.50 meters that includes a 90.70 meter interval of 0.48 g/t Au followed by another
173.50 meter interval of 3.07 g/t Au, which includes a 95.50 meter interval of 4.51 g/t Au that can be
further defined to include a 46.04 meter interval of 7.08 g/t Au. This is followed by an 18.60 meter interval
of 1.72 g/t Au and another 15.80 meter interval of 0.50 g/t Au.
Drill holes AP-12-80 and 84 were drilled easterly away from the breccia to test the limits of the
mineralization surrounding the breccia zone, and intersected multiple mineralized intervals, the better of
which include 13.18 meters of 0.66 g/t Au, 8.00 meters of 0.58 g/t Au and 15.74 meters of 0.44 g/t Au in
AP-12-80, while AP-12-84 intersected 4.80 meters of 0.54 g/t Au and 1.90 meters of 2.59 g/t Au.
Preliminary modelling of the Breccia Zone indicates that it is an irregularly shaped body plunging steeply
to the south southwest with nominal true dimensions of 250 meters by 150 meters and a 250 meter vertical
depth as announced on September 19, 2011. Drill results reported since then, including the results
presented here, indicate that the Breccia Zone mineralization continues to remain open in several directions
and continues open at depth. While the true thickness of the high-grade intersections has not been
determined, delineation drilling will continue to refine and extend the boundaries of the Breccia Zone until
its true dimensions are determined. Completing this drilling is an integral part of the work required to bring
the Ana Paula project to an initial NI43-101 resource estimate, expected in 2012.
Southwest Quadrant Drill Holes
Drill holes AP-12-78 and AP-12-83 both tested targets to follow up the new discovery announced in AP-
11-67 (November 28th, 2011 PR). Drill hole AP-11-78, located about 100 meters north and 300 meters
west of AP-11-67, intersected moderately anomalous gold over multiple intervals, the best of which include
5.00 meters of 0.54 g/t Au, 12.74 meters of 0.52 g/t Au and 4.62 meters of 0.52 g/t Au.
Drill hole AP-12-83, located about 200 meters north of AP-12-78, intersected some of the strongest
mineralization to date in the southwest quadrant with a consistently anomalous intrusion hosted low grade
mineralization that includes among other intersects 11.97 meters of 0.52 g/t Au, 24.15 meters of 0.43 g/t
Au, 9.50 meters of 0.67 g/t gold, 63.40 meters of 0.42 g/t gold and 17.70 meters of 2.12 g/t gold that in turn
includes a 1.87 meter interval of 17.73 g/t Au. These are positive results for this new gold zone considered
to be in the early stages of exploration and drilling.
Northeast Quadrant Drill Holes
Drill holes AP-12-79 is an infill hole north of AP-10-16 (23.13 meters of 4.06 g/t Au and 6.1 g/t Ag,
January 19, 2011 press release). AP-12-79 intersected multiple intervals including among others 20.43
meters of 0.79 g/t Au and 4.1 g/t Ag, 17.01 meters of 0.77 g/t Au and 4.4 g/t Ag and 11.96 meters of 0.93
g/t Au and 3.6 g/t Ag.
AP-12-82 is a step out hole that tested a new target of advanced argillic alteration exposed at surface and
located to the west of any previous drilling, The drill hole was extended to also explore the main Ana Paula
mineralized trend at depth. AP-12-82 intersected a strongly mineralized alteration halo where some of the
better intersections include 9.50 meters of 1.11 g/t Au and 6.1 g/t Ag, 28.00 meters of 0.94 g/t Au and
16.33 g/t Ag, 7.25 meters of 0.78 g/t Au and 27.7 g/t Ag, 7.14 meters of 0.81 g/t Au and 34.3 g/t Ag and
12.76 meters of 1.05 g/t Au and 12.4 g/t Ag. Additional infill and step out drilling is planned to follow up
on these strong results. New drilling is also planned in the northwest quadrant to follow up the area of
strong surface alteration that extends to the west.
The Ana Paula Project is central to Newstrike’s 88,000 hectares in the GGB and forms part of a district
scale mining camp that is host to Torex Gold’s advanced Morelos Project and to Goldcorp’s producing Los
Filos project. Dr. Craig Gibson, PhD, CPG and a qualified person under NI43-101 has reviewed the
contents of this press release.
A table of selected drill assay highlights:
Drillhole Quadrant From To Interval (m) Au g/t Ag g/t
107.84 111.50 3.66 0.70 11.9
AP-11-78 SW
127.00 132.00 5.00 0.54 3.7
265.26 278.00 12.74 0.52 4.6
384.10 388.72 4.62 0.52 11.3
726.30 729.85 3.55 0.60 2.9
AP-11-79 NE
210.57 231.00 20.43 0.79 4.1
includes 220.36 231.00 10.64 1.15 4.8
and 220.36 225.70 5.34 1.52 7.1
343.60 360.61 17.01 0.77 4.4
includes 345.85 354.38 8.53 1.17 6.9
366.21 378.17 11.96 0.93 3.6
380.32 386.17 5.85 0.78 8.1
459.55 464.18 4.63 0.93 1.2
AP-11-80 SE
51.50 55.14 3.64 0.62 11.9
135.42 148.60 13.18 0.66 3.4
includes 135.42 141.50 6.08 1.10 4.0
167.00 175.00 8.00 0.58 10.4
185.26 201.00 15.74 0.44 3.5
240.00 247.50 7.50 0.62 1.6
AP-12-81
2.00 21.50 19.50 0.99 32.5
includes 8.50 21.50 13.00 1.37 45.2
44.50 135.20 90.70 0.48 4.7
* 112.50 311.00 198.50 2.75 4.3
includes 137.50 311.00 173.50 3.07 4.5
and 148.00 243.50 95.50 4.51 7.0
and 180.10 226.50 46.40 7.08 5.5
and 264.50 275.00 10.50 4.92 1.5
314.90 333.50 18.60 1.70 5.7
445.70 461.50 15.80 0.50 0.7
*
478.20 494.50 16.30 0.69 1.8
AP-12-82
118.00 127.50 9.50 1.11 6.1
includes 122.30 127.50 5.20 1.70 4.6
188.00 216.00 28.00 0.94 16.3
Drillhole Quadrant From To Interval (m) Au g/t Ag g/t
AP-12-82
includes 200.00 213.00 13.00 1.27 25.8
(Cont’d)
221.65 228.90 7.25 0.78 27.7
261.60 268.10 6.50 0.85 4.1
270.20 277.34 7.14 0.81 34.3
282.30 295.06 12.76 1.05 12.4
includes 287.88 290.00 2.12 3.97 20.9
340.20 347.80 7.60 0.87 2.2
389.50 395.50 6.00 1.20 4.4
* 452.47 464.15 11.68 0.67 1.5
* 492.00 536.50 44.50 0.65 5.4
* includes 525.00 536.50 11.50 1.12 6.5
549.82 554.83 5.01 0.79 3.2
AP-12-83 SW
37.55 41.56 4.01 0.92 19.8
279.40 291.37 11.97 0.52 3.4
566.51 590.66 24.15 0.43 1.16
includes 568.00 577.50 9.50 0.67 1.7
618.90 682.30 63.40 0.42 5.0
712.80 730.50 17.70 2.12 4.1
includes 719.29 721.16 1.87 17.63 25.5
747.00 754.50 7.50 0.49 4.9
AP-12-84 SE
4.70 9.50 4.80 0.54 9.3
142.00 143.90 1.90 2.59 52.1
* – Where one internal interval of 1.5 meters or less assays below the 0.2 g/t Au cutoff.
About Newstrike (TSXV: NES)
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
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 Au (Ag-Cu) skarn-porphyry camp of the Guerrero Gold Belt, and the polymetallic Pb-
Zn-Ag (Au-Cu) rich epithermal camp of the mining districts of Oaxaca State.
For further information, please contact:
Newstrike Capital Inc.
Richard Whittall
Director, President & CEO
Phone: 604-605-4654
website: www.newstrikecapital.com
blogsite: http://newstrikecapital.com/blog
Neither the TSX Venture Exchange (the “TSXV”) nor its Regulation Services Provider (as that term is
defined in the policies of the TSXV) has reviewed, nor do they accept responsibility for the adequacy or
accuracy of, this release.
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