Understanding The Geological Setting of the Ana Paula Properties

With their latest acquisition of the Ana Paula Properties from Goldcorp Inc., Newstrike Capital has purchased 100 per cent interest in a region considered to be extremely strategic in one of Mexico’s most historic mining districts.

Located within the Guerrero Gold Belt (GGB), the Ana Paula Properties consist of four claims that in total aggregate 7,622 hectares and show early signs of yielding significant gold deposits. Many of the major gold discoveries in the area – over 12 million ounces – have been made in the southern part of the GGB in places such as Bermejal, Nukay and Filos.

The Ana Paula Properties are in the northern part of the Guerrero Gold Belt but this area is situated in the same geological and mineralizing environment as the south. Newstrike’s exploration of the Ana Paula Properties (coupled with previous research by Goldcorp) has shown geological settings highly comparable to those on the southern properties.

Among other things, geological research has found:
- The presence of the sediments formed in the Cretaceous period (145-65 million years ago)
- The presence of intrusions – liquid rock that forms under the Earth’s surface and crystallizes into minerals – that are rich in magnesium, iron, and quartz.
- Evidence that granodiorite – a quartz-rich igneous rock formed by cooled magma – has been injected into active fault zones along the Morelos-Mezcala contact, developing rock formations that lead to gold mineralization.
- Evidence of rock formations that have gone through the necessary set of temperature and pressure transformations over time leading to rich mineralization of the rocks.
- Evidence of altered mineralization within the intrusive rocks.