Gold and Silver Mineralization Discovered at Newstrike Capital’s Oaxaca Project

Newstrike Capital Inc. (TSXV:NES) reported that three significant mineralized structural corridors, each host to extensive gold and silver bearing low sulphidation epithermal veins, have been identified at its Ejutla Property in Oaxaca State, Mexico.

As quoted in the press release:

The three structural corridors discovered on the Property during mapping and sampling programs consist of a series of northwest trending fracture zones that display important northerly and north-easterly trending splays, each filled by mineralized felsic dikes and/or by complex sub-parallel mineralized low sulphidation banded epithermal quartz and quartz-calcite veins and vein systems typical of structures in the surrounding Taviche Mining District. Individual veins vary in thickness from a few centimetres to as much as ten metres and are separated by a host wallrock that displays extensive argillic alteration and silicification.

Newstrike President and CEO, Richard Whittall, said:

Our exploration efforts at Ejutla confirm a target-rich environment and results underpin the exciting potential for substantial extensions to known mineralized systems.

Click here to read the Newstrike Capital Inc. (TSXV:NES) press release