Day: February 3, 2012

Newstrike Capital Inc. announces that its wholly-owned Mexican subsidiary, Minera Aurea, has entered into a purchase option agreement for certain privately held land parcels at the Ana Paula Project in Guerrero State, Mexico. The Company will acquire 100% ownership in approximately 935.85 hectares by making staged payments over the next four years for a total of C$983,624 (based on a 13.32 Mexican peso exchange rate the day of signing). This agreement is pending final registration with the Mexican Government.

Soltoro Ltd. has filed its NI 43-101 resource estimate for its 100% owned El Rayo silver project on SEDAR and made it available on the Company’s website. The report was prepared by Roscoe Postle Associates Inc. The El Rayo property is located approximately 110 km west-northwest of Guadalajara, Jalisco State, Mexico. The NI 43-101 compliant Mineral Resources were estimated by RPA and include an updated estimate for the Las Bolas and Highway Zone structures and an initial estimate for the La Soledad structure.