Vancouver, B.C., November 9, 2009 – Newstrike Capital Inc. (the “Company”) – www.newstrikecapital.com – announces today the appointment of John Morganti and George Brack as advisors to the Company.  Messrs. Morganti and Brack will be actively assisting the Company’s Board of Directors in connection with a strategic review of the Company’s significant mineral properties in the State of Guerrero, Mexico.

Mr. Richard Whittall, Newstrike’s CEO noted “We are fortunate to be working once again with John Morganti and George Brack, both of whom possess formidable mining credentials and truly understand the exploration potential of our Company’s properties.  The Guerrero Gold Belt is an exciting place to be and we look forward to their advice in charting a course of action.”

John Morganti

John Morganti (P. Geo., Ph.D.) is currently President of Morganti Advisers Inc., a company specializing in advising mining and exploration companies on strategy, evaluation, investor relations, exploration and financing issues, which are critical to rational growth and maximizing shareholder value of those companies.

Over the past 35 years, Dr. Morganti has worked at Teck, Placer Dome, Silver King Mines, David Lowell Consultants and with consulting firms working in Alaska. In addition, he has been a director of Canadian and Latin American public companies.

At Teck Corporation and its successor companies, Dr. Morganti has held office as Vice-President, Gold, Vice-President, Evaluations, Director, Precious Metals, Director, Project Development. Before his retirement from Teck in 2009 Dr. Morganti was Director, Market Analysis and reviewed new commodities-based industries and strategic issues for Teck.

Previous to joining Teck, Dr. Morganti worked with Placer Development and its successor Placer Dome. At Placer he held office as Manager, Project Development, Evaluation Engineer in the Project Development Department and Manager, Exploration Eastern Canada.  With the opening up of the world to mineral development in the 1990s, he was Vice- President, Europe, Africa, Middle East and South East Asia, and was based in Miami and London, England.

Dr. Morganti has participated in a number of teams which discovered new mineralization from grassroots programs, which moved projects from initial discovery to feasibility stage, which developed mines in North America and Australia and which managed acquisitions of projects, mines and companies.  At Placer Dome, he was instrumental in initiating the concept of MinEx/CampEx at eastern Canadian mines. This concept led to new finds at the Dome Mine, Detour Lake and Campbell Red Lake mines and was used to find new gold deposits at mines in Nevada and Australia.

George Brack

Mr. Brack’s 25-year career in the mining industry has focused on investment banking and corporate development, specifically identifying, evaluating, and executing strategic mergers and acquisitions, and the provision of equity financing. Most recently Mr. Brack acted as the Managing Director and Industry Head, Mining Group, of Scotia Capital. Prior to joining Scotia Capital in 2006, Mr. Brack spent seven years as President of Macquarie North America Ltd., an investment banking firm specializing in merger and acquisition advice. Previous to that, Mr. Brack was Vice-President, Corporate Development at Placer Dome Inc., was Vice-President of the investment banking group at CIBC Wood Gundy, and worked in Rio Algom’s Corporate Development department. Mr. Brack currently serves as a director of Alexco Resource Corp., Capstone Mining Corp., Geologix Exploration Inc. and Red Back Mining Inc.

Mr. Brack holds a BA. Sc. in Geological Engineering from the University of Toronto, an MBA from York University, and the CFA designation.

About Newstrike (NES.H – TSXV)

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 & 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 gold bearing oxidized iron skarn-porphyry camp of the Guerrero Gold Belt, and the polymetallic Ag-Au-Cu rich epithermal camp of the mining districts of Oaxaca State.

For further information contact:

Richard O’C. Whittall

Chief Executive Officer

Phone: 604.604.4654

website:  www.newstrikecapital.com

blogsite:  http://newstrikecapital.com/blog

It’s easy to forget that that the silver found in the ring around your finger, the arm of your eyeglasses, or the spoon you use at dinner is part of a rich history reaching back to the ancient civilizations of Greece and Rome who used silver to control bodily infection and prevent food spoilage. In the fifth century B.C., Hippocrates (known as the Father of Medicine) used silver to heal wounds. In the same century, the King of Persia used a silver container to carry water to prevent contamination. Before the advent of modern germicides and antibiotics, it was known that disease-causing pathogens could not survive in the presence of silver. Consequently, silver was used in dishware, drinking vessels and eating utensils. Approximately seven decades before the birth of Christ, the Roman scholar Pliny the Elder wrote of the ability of silver to heal wounds by preventing infection. In the 8th through 10th centuries, silver became a very popular treatment in the Middle East for many ailments, from cardiovascular disease to bad breath.

It wasn’t until the late 1800′s did western scientists re-discover what had been known for thousands of years – that silver is a powerful germ fighter. Medicinal silver compounds were then developed and silver became commonly used as a medicine. By the early part of the 1900s, Silver leaf was used to combat infection in wounds sustained by troops during World War I and the use of silver as an antibacterial substance was becoming widespread. By 1940 there were approximately four dozen different silver compounds on the market being used to treat every known infectious disease. During the 1930s, synthetically manufactured drugs began to make their appearance and the profits, together with the simplicities of manufacturing this new source of treatment, became a powerful force in the marketplace. There was much excitement over the new ‘wonder drugs’ and at that time, no antibiotic-resistant strains of disease organisms had surfaced. However, over the next few decades silver quickly lost its status to modern antibiotics.

The return of silver to conventional medicine began in the 1970s. The late Dr. Carl Moyer, chairman of Washington University’s Department of Surgery, received a grant to develop better methods of treatment for burn victims. Reviewing earlier medical literature, Dr. Margraf found continual references to the use of silver. However, since concentrated silver nitrate is both corrosive and painful, he diluted the silver to a .5 percent solution and found that it killed invasive burn bacteria and permitted wounds to heal. Importantly, resistant strains did not appear. But, silver nitrate was far from ideal. So research continued for more suitable silver preparations. Silver sulphadiazine is now used in 70 percent of burn centers in America.

Information Sourced from: www.purestcolloids.com/ and www.thesilverinstitute.org

There’s an old saying that goes “gold is where you find it.” This may seem overly simplistic, but it makes sense when considering that many companies have had success recently by exploring near and beneath past workings in Mexico. After all, historic mining regions are historic for a reason. Spanish conquistadors mined metal deposits in Mexico for over 300 years, but thanks to modern exploration technologies Mexico still offers tremendous discovery opportunities.

Veins of gold and silver have stretched their way across the history of Mexico since Columbus discovered this “New World.” Mexico is home to many historic mining districts, one of which is the Valley of Oaxaca. Located at the convergence of the Sierra Madre Oriental and the Sierra Madre del Sur mountain ranges, the history of Oaxaca traces its roots as far back as seven thousand years, when the land was occupied by as many as 18 diverse ethnic groups. Three of the most dominant groups were the Mixtecs, the Mixe and the Zapotecs. During the Zapoteca era, economic activity flourished with increasing hunting, fishing, mining, and artisan work fashioning silver and gold. Along with its ideal location as the gateway to Central and South America, the abundance of gold in Oaxaca is the reason for Oaxaca’s colonial era gain in prominence.

In the mid 1500’s, Hernán Cortés sent men into the Oaxaca region in search of gold and a waterway to the Pacific Ocean. They never found the waterway, but gold would serve as a driving force throughout Cortés’ life and Oaxaca’s history.  In the late 1800’s, over 50 near surface mines were in production as the area grew into one of Mexico’s most important gold producers.

Newstrike is the largest holder of mineral claims in Oaxaca, the key assets being 74,000 hectares in Taviche, Lachigalla, and Ejutla mining districts. Recent discoveries in Oaxaca have been sizable, Newstrike’s claims are in proximity to Fortuna Silver’s San Jose project, which contains over 124 million ounces of silver and 1.05 million ounces of gold. Newstrike’s Etujla II claim  is also contiguous on its southern boundary with Aura Silver’s Alma Delia property, host to a recently discovered Higo Blanco silver mineralized jasperoid breccia which occurs in one of the many veins of the Taviche system.