Newstrike Capital Mining News

Timmins Gold acquires Newstrike Capital

Investors in Mexico-focused Newstrike Capital (TSXV:NES) enjoyed a small bump today with the announcement of a takeover by Vancouver-focused Timmins Gold (TSX:TMM).

Newstrike surges after strong Mexico PEA

Capex of $164m for 116,000oz gold, 239,000oz silver over a 8.2 year life for Ana Paul mine in Guerrero gold belt, Mexico.