Newstrike Capital Intersects New Mineralized Zone at the Ana Paula Project

Newstrike Capital Inc. (TSX VENTURE:NES) -  

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED
STATES


Newstrike Capital Inc. ("Newstrike" or the "Company") is pleased to announce
that the extension to hole AP-11-67 has resulted in a new discovery on the Ana
Paula Project. Highlights include:




--  15.51 meters of 1.92 g/t Au including 7.98 meters of 3.15 g/t Au;
     
--  36.00 meters of 0.96 g/t gold including 21.20 meters averaging 1.34 g/t
    Au.



AP-11-67 is located in the southwestern portion of the one by two kilometre
surface gold anomaly that is the primary target of exploration at Ana Paula.
This is a one kilometre step out to the southwest from discovery hole AP-10-19.
Preliminary results from this hole were previously announced with a 4.50 meter
intersect of 0.81 g/t gold (September 19, 2011 press release). The hole was
subsequently extended to its target depth, and has intersected multiple gold
bearing horizons. Mineralization in AP-11-67 begins near surface and continues
throughout the length of the vertical drill hole, and is hosted in an
interlayered intrusion, hornfels and skarn environment similar to the area
drilled to date at Ana Paula. This discovery confirms the size, interpretation
and scope of the Ana Paula project.




Table of drill hole highlights                                              
----------------------------------------------------------------------------
Drill hole           From          To Interval (m)     Au (g/t)      Ag(g/t)
----------------------------------------------------------------------------
----------------------------------------------------------------------------
AP-11-67            15.50       20.00        4.50         0.81         4.67 
-------------                                                               
                   179.95      189.80        9.85         0.42         0.75 
                   205.50      211.50        6.00         0.96         3.31 
                   246.25      261.76       15.51         1.92         2.19 
  includes         252.40      260.38        7.98         3.15         1.31 
                   267.73      274.24        6.51         0.55         1.45 
                   309.50      311.50        2.00         2.53         0.50 
                   581.00      617.00       36.00         0.96         0.99 
  includes         590.00      611.20       21.20         1.34         0.84 
                   625.40      630.42        5.02         3.58         7.24 
                   683.06      695.55       12.49         1.00         0.50 
----------------------------------------------------------------------------



A complete table of mineralized intersections, drill hole location maps and
drill sections are available on the Company website at www.newstrikecapital.com.


The Company will begin the 2012 exploratory drill program with a 4 drill rig
program that will continue exploration of the one by two kilometre Ana Paula
target area. This includes the ongoing delineation drilling of the Breccia Zone
and surrounding mineralization and includes following up on the discovery in
AP-11-67. The Company continues to work towards a NI43-101 resource estimate
planned for the end of the first quarter in 2012.


The Ana Paula Project is central to Newstrike's 88,000 hectares in the GGB and
forms part of a district scale mining camp that is host to Torex Gold's advanced
Morelos Project and to Goldcorp's producing Los Filos project. Ken Thorsen, a
director of the Company and a qualified person under NI43-101 has reviewed the
contents of this press release. The drill program and all project operations are
conducted under the direction and supervision of Dr. Craig Gibson, PhD, CPG and
a qualified person under NI43-101; Dr. Gibson has reviewed the contents of this
press release.


QA-QC: 

The mineralized intervals in core tend to be separated by "barren" intervals
that may or may not contain narrow anomalous sections and local high-grade
spikes that are not included in the calculations of mineralized intervals.
Unless specified otherwise, reported intersections are calculated according to a
protocol that uses a 0.2 g/t Au cutoff for bounding assays. Reported grade
intervals are based on the original uncut assay certificates as received from
the assay labs. They do not include check assays pending at the time of
reporting. Drill intercepts in holes angled at -45 degrees are nearly
perpendicular to the perceived strike and dip, thus are a close approximation of
true width; however, true width is not accurately known at this time.


Newstrike maintains strict QA-QC protocols for all aspects of their exploration
programs that include the systematic insertion of blanks and standards into each
sample batch. Analyses in this release were performed by ALS Chemex or SGS
laboratories. All samples are assayed using the respective laboratories
certified and industry standard assay techniques for gold and multi-element
packages and for over limits; Au was analyzed by 50 gram fire assay with an
atomic absorption finish, and other elements were analyzed by multi-element ICP
packages. 


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 Au (Ag-Cu) skarn-porphyry
camp of the Guerrero Gold Belt, and the polymetallic Pb-Zn-Ag (Au-Cu) rich
epithermal camp of the mining districts of Oaxaca State.