Newstrike Capital Inc.
TSX VENTURE : NES

Newstrike Capital Inc.

October 07, 2010 09:00 ET

Newstrike Capital Signs Ana Paula Surface Access Agreements

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Oct. 7, 2010) -

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Newstrike Capital Inc. (TSX VENTURE:NES) ("Newstrike" or the "Company") - www.newstrikecapital.com - is pleased to announce that it has signed surface access agreements for its Ana Paula Project ("Ana Paula"). The signing of these ten-year agreements constitutes a significant milestone in providing the Company with full access to the highly prospective exploration areas of the Ana Paula Project.

"The Ana Paula Project is an important gold discovery within the Guerrero Gold Belt. Finalizing surface access agreements is an important step in advancing Ana Paula towards feasibility and development. With these agreements, Newstrike's exploration program will continue at an accelerated rate. We are grateful for the support and trust that the local community has demonstrated and we look forward to a mutually beneficial relationship in the future," said Richard Whittall, President and CEO of Newstrike Capital Inc.

About Newstrike (TSX VENTURE:NES)

The Ana Paula Project was recently acquired from Goldcorp Inc. and comprises a total of 7,622 hectares internal to Newstrike's existing 81,420 hectares within the Guerrero Gold Belt, Mexico. Current management and directors co-discovered Goldcorp's and Teck's significant discoveries in Guerrero Gold Belt currently in advanced stages of exploration and production.

Newstrike Capital Inc. is a gold-silver focused explorer, targeting known and historic mining districts in Mexico. 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.

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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