http://www.newstrikecapital.com/_resources/news/nr_2012_03_14.pdf

NEWSTRIKE CAPITAL INTERSECTS 173.5 METERS OF 3.07 G/T AU AT THE ANA PAULA PROJECT, INCLUDING A 46.40 METER INTERVAL OF 7.08 G/T AU

Vancouver, B.C., March 14th, 2012 – Newstrike Capital Inc. (TSXV: NES) (“Newstrike” or the “Company”) is pleased to announce the results of the first series of holes completed in the 2012 drill program at the Company’s 100%-owned Ana Paula Project, Guerrero Gold Belt (GGB). These drill results are from an exploration and delineation program begun in October of 2010 that continues to test a one by two kilometer exploration target area as defined by anomalous surface gold geochemistry and underlying geophysical anomalies. The results reported here include two drill holes from the ongoing delineation of the high grade Breccia Zone discovery located in the southeast quadrant of the target area, reports results from two holes located in the southwest quadrant that are part of program to follow up the new discovery announced with AP-11-67 (November 28th , 2011 press release), and reports on two drill holes located in the northeast quadrant that are from an ongoing step out drill program that continues to explore new targets.

Highlights from this series include:

• Breccia Zone Delineation Program, Southeast Quadrant: Drill hole AP-12-81 returned a 90.70 meter interval of 0.48 g/t Au followed by a 173.50 meter interval of 3.07 g/t Au that includes 46.40 meters of 7.08 g/t Au.

• Southwest Quadrant: Drilling continues to outline a strong mineralized alteration envelope with hole AP-12-78 returning multiple low grade intersects the best of which was 12.74 meters of 0.52 g/t gold. Drill hole AP-12-83 returned among other intersects 11.97 meters of 0.52 g/t Au, 24.15 meters of 0.43 g/t Au, 9.50 meters of 0.67 g/t gold, 63.40 meters of 0.42 g/t gold and 17.70 meters of 2.12 g/t gold that includes a 1.87 meter interval of 17.73 g/t Au.

• Northeast Quadrant: Drill hole AP-12-82 drilled a previously untested area of strong alteration and mineralization located to the west of and outside of the currently defined main Ana Paula mineralized trend. Strong mineralization was intersected over multiple intervals from near surface to the bottom of the hole, including among other intersects, 9.50 meters of 1.11 g/t Au and 6.1 g/t Ag, 28.00 meters of 0.94 g/t Au and 16.3 g/t Ag, 7.25 meters of 0.78 g/t Au and 27.7 g/t Ag, 7.14 meters of 0.81 g/t Au and 34.3 g/t Ag and 12.76 meters of 1.05 g/t Au and 12.4 g/t Ag.