[caption id="attachment_1026" align="alignleft" width="300" caption="Newstrike CEO Richard Whittall"] Read More » Tags

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• Newstrike Mining Weekly Article

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Cayden Resources Inc. has received results for the first 20 drill holes from the Morelos Sur gold project in the Guerrero State of Mexico. The program was designed to confirm, expand and t...

Goldcorp has announced 2010 gold production and provided production and cash cost guidance for the 2011 year. The Los Filos mine in Guerrero Gold Belt, currently Mexico's largest gold producer, will once again be a major contributor to Goldcorp's overall production profile in 2011. Los Filos is forecast to increase production by 10% t...

In late June of 2010, Newstrike Capital completed its acquisition of a 100% interest in the Ana Paula mining concessions from Goldcorp Inc. The Ana Paula concessions are central to Newstrike’s 88,000 hectares in the Guerrero Gold Belt and forms part of a district scale mining camp that is host to Torex Gold’s ‘Morelos Project’ and to Read More » Tags

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• Newstrike Capital Featured Project

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Torex Gold Resources Inc. announced today that step-out drilling on the El Limon deposit at the Company's Morelos Gold Project in Mexico has intersected high grade gold mineralization outside the known resource area and extended the deposit some 250 m to the east and 50 m to the west (e.g. T10-047C - 13.5 g/t Au over 7.5 m including 32.6 g/t Au over 3.0 m, T10-065C - 2.1 g/t Au over 19.5 m including 4.0 g/t ...

Tarsis Resources Ltd. has  announced that it has commenced an exploration program which includes diamond drilling at its Erika project on the Guerrero-Morelos Platform. A diamond drilling contract for 2,000 meters has been awarded to Landdrill International and drilling is expected to begin within one week. The planned drilling will test for precious metals within a low-sulphidation epithermal environment. I...

In a report raising their target for Torex Gold Resources Inc., analysts at Dundee Securities stated that exploration at the Morelos Project in the Guerrero Gold Belt will be the value driver. “We believe there is no shortage of attractive targets to test at Morelos, including the strike and depth extensions of the known deposits along with multiple early stage prospects that have seen only limited work t...

Torex Gold Resources Inc. plans to significantly increase the exploration program at its 100% owned Morelos Gold Project in Mexico. Torex currently has five drill rigs operating on the property and plans to increase that number to a total of eleven drill rigs by early in 2011. The total meterage for the Company's initial drill program on the Morelos property will increase from the planned 56,500 meters to ...

Farallon Mining Ltd. announces that exploration efforts at its G-9 mine in Guerrero State, Mexico, continue to provide excellent results. Several new drill holes - all drilled from underground - along with new interpretations of the geology of the G-9 deposit, have led to several new discoveries adjacent to the G-9 mine and opened up the potential for further discoveries going forward. Farallon's ...

Based upon the rapid rise in gold prices, Farallon Mining said it is planning a second mine at its Campo Morado property in Guerrero Sate in Mexico The Company is formally initiating studies to re-evaluate the Reforma, Naranjo, El Largo and El Rey deposits to assess the feasibility of building a second mine with a target start date of July 1, 2013. Indicated resources for the Reforma, El Rey, Naranjo and El Largo deposits total 11.2 million ton...

Goldcorp Inc. recently announced that it had entered agreement to sell the San Dimas gold-silver mine in Mexico to Mala Noche Resources Corp. The total purchase consideration of $500 million, consisted of $275 million in cash, $175 million of Mala Noche common shares valued at the...

Canadian-based mining company Goldcorp is playing well south of the U.S. border. Why else would Mexican President Felipe Calderon attend Goldcorp's (GG) recent opening ceremony for a new mine in Penasquito? The president lauded Goldcorp for its $1.7 billion investment and for creating thousands of jobs. Once fully operational, the mine in the north-central region will be Mexico's largest. What's good for Me...

Gleichen Resources Ltd. has announced that drilling is underway at its 100% owned Morelos Gold Project in Mexico, with its first exploration hole nearing completion. Gleichen intends to ramp up its program through the addition of one rig every two months to reach a total of up to four drill rigs actively working on the property this year. Initial results are expected to become available...

GOLDCORP INC. announced record gold production for the 2009 year of over 2.4 million ounces, exceeding guidance that had been previously revised upward from 2.3 million ounces. Fourth quarter 2009 gold production totaled 601,000 ounces.   The Company commented that the Los Filos mine is expected to remain the largest gold producer in Mexico in 2010. The mine will be an important driver of Goldcorp's growth a...