Newstrike Capital intersects 81.45 meters of 2.19 g/t Au, including 25.03 meters of 5.10 g/t Au at the Ana Paula Project
VANCOUVER, BRITISH COLUMBIA–(Marketwire – April 19, 2012) –
NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES
Newstrike Capital Inc. (TSX VENTURE:NES) ("Newstrike" or the "Company") is pleased to announce the next series of results completed in the 2012 drill program in progress at the Company's 100%-owned Ana Paula Project, Guerrero Gold Belt (GGB). The results reported here include one hole from the ongoing delineation of the high grade Breccia Zone located in the southeast quadrant that indicates mineralization still remains open to the south and south west. Results from four other holes from other quadrants continue to highlight the robust mineralizing system that underlies the Ana Paula project, returning strong results from all quadrants.
Highlights from this series include:
- Southeast Quadrant: Part of the Breccia Zone delineation program, Drill hole AP-12-86 tested the southern contact and continues to intersect strong mineralization over multiple intervals. Longer intersections include (in down hole sequence) 82.95 meters of 1.16 g/t Au where 2 isolated samples less than 1.5 meters each assayed below the 0.20 g/t Au cut off protocol. This is followed by 81.45 meters of 2.19 g/t Au that includes a core 25.03 meter interval of 5.10 g/t Au. A third interval intersected 83.7 meters of 0.48 g/t Au where 3 isolated samples less than 1.5 meters assay below the cut off protocol.
- Southwest Quadrant: Drilling continues to outline an area of strong mineralization with hole AP-12-87 returned the best intersection to date for this area with 42.14 meters of 1.02 g/t gold and 33.8 g/t Ag, including a 3.05 meter intersection of 4.6 g/t Au and 423.8 g/t Ag.
- Northwest-Northeast Quadrant: Drill hole AP-12-85 intersected strong mineralization over multiple intervals, including among other intersects, 22.00 meters of 0.76 g/t Au, 13.93 meters of 1.03 g/t Au, 25.95 meters of 0.57 g/t Au, 18.20 meters of 1.26 g/t Au, 16.50 meters of 1.24 g/t Au and 42.00 meters of 0.50 g/t Au.
- Northwest Quadrant: New exploration drilling got underway in this quadrant with encouraging results from AP-12-89, which intersected 3.90 meters of 2.34 g/t Au and 22.9 g/t Ag and another 11.30 meters of 1.00 g/t Au with 26.9 g/t Ag that also includes a 4.14 meter interval of 1.96 g/t Au and 70.9 g/t Ag.