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Oct. 31, 2014 01:06PM PST
Investors can now learn about Newstrike Capital Inc. (TSXV:NES), a gold and silver exploration company with ~ 89,000 hectares in the prolific Guerrero Gold Belt (GGB) mining district in Mexico, on Gold Investing News.
Newstrike’s flagship Ana Paula project features a high-grade, near surface deposit with significant underground potential. A recent preliminary economic assessment done on the project contemplates an all-in sustaining cost of $567 per ounce of gold, with an average annual production estimated at 116,000 ounces of gold and 239,000 ounces of silver, with life-of-mine average head grades of 2.24 grams per tonne of gold and 6.89 grams per tonne of silver. Ana Paula also features a low strip ratio of 2.6 to 1 of waste to mineralized material.
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Click here to see the Newstrike Capital Inc. (TSXV:NES) profile.