Expert AnalysisExpert Analysis
Kwong-Mun Achong Low, Northern Securities (6/28/11) "Newstrike Capital shows good continuity at Ana Paula. . .one drill hole of note is AP-11-48, which returned 4.7 g/t gold over 116m and ended in mineralization. . . the company states that these series of drill holes have helped it to better understand the geometry of the breccia and its mineralized envelope, which we believe will help the company to follow the new targets to the northwest and southwest more closely."
Brian Christie, Desjardins Securities (6/8/11) "Newstrike announced the next batch of assay results from its 2011 drill program at the Ana Paula project, located in the Guerrero Gold Belt in Mexico and part of the district-scale mining camp that hosts Torex Gold's Morelos project and Goldcorp's Los Filos project. Key intercepts include: 112.90m of 2.51 g/t (including 5.18m of 22.23 g/t), 28.50m of 1.21 g/t, 22.50m of 2.40 g/t and 123.90m of 2.02 g/t (including 12.40m of 3.67 g/t); further drilling will be performed to fully define the extent of Ana Paula's mineralization."
Russell Starr, Euro Pacific Capital (5/9/11) "Newsrike Capital's recent drill results have introduced an entirely new type of brecciated mineralization to the project, making the Ana Paula property appear even more robust. We must not ignore the potential for bulk-tonnage mineralization on the rest of the Ana Paula property, as it is the 'meat and potatoes' of the project, but the new breccia zone, or 'the gravy,' has the potential of adding significant, higher-grade gold ounces."
Eric Zaunscherb, PI Financial (4/27/11) "Newstrike hit an extraordinary intersection at the company's wholly-owned Ana Paula gold project, Guerrero Gold Belt, Mexico. NES reported results from hole AP-11-37, which intersected a number of higher grade sections including 230.95m grading 7.51 g/t Au and 7.0 g/t Ag from 3.05m down-hole that included 105.40m grading 12.30 g/t Au and 10.4 g/t Ag and 57.64m grading 18.61 g/t Au and 13.4 g/t Ag. . .[there is] considerable potential for bulk mineralization outside of the core high-grade mineralized breccia."
Wendell Zerb, Canaccord Genuity (4/26/11) "Last week, Newstrike announced an exceptional drill intersection at the company's 100%-owned Ana Paula project in the Guerrero Gold Belt, Mexico. Drill hole AP-11-37 at Ana Paula returned an intersection of 230.95m grading 7.51 g/t gold within a broader zone of 316.95m grading 5.80 g/t gold. . .more drilling is planned to confirm the orientation of this body and to further define its dimensions."
pub/co/3593
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