Newstrike Capital Inc.
TSX VENTURE : NES

Newstrike Capital Inc.

October 13, 2010 14:16 ET

Newstrike Capital to Begin Drilling Ana Paula Project, Guerrero State, Mexico

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Oct. 13, 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 commenced its drilling program at the Ana Paula project in Guerrero State, Mexico. The scope of the program provides for a minimum 5,000 meters within a mineralized area previously drill tested by Goldcorp in 2005. This initial drill program is the first step in testing a 2km by 1km wide area that remains open along a northeasterly strike and at depth. The program conforms to recommendations contained in the NI-43-101 technical report dated June 26th, 2010 by Mr. Robert Lunceford, CPG, MSc.

The drilling contract has been awarded to Major Drilling de Mexico S.A. de C.V. and project operation to Prospeccion y Desarrollo Minero del Norte S.A. de C.V. (ProDeMin).

Dr. Craig Gibson, PhD, CPG and qualified person under NI43-101 will provide QA-QC oversight.

About Newstrike (TSX VENTURE: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 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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