New World Gold Corporation Increased Revenue and Profits in First Quarter
April 01 2014 - 6:00AM
Marketwired
New World Gold Corporation Increased Revenue and Profits in First
Quarter
BOCA RATON, FL--(Marketwired - Apr 1, 2014) - New World Gold
Corporation (PINKSHEETS: NWGC), a gold mining company with existing
mining operations in Ecuador and Peru, anticipates increased
revenue and profits in the first quarter of 2014. The Company has
fully operational mills to process its own reserves and to complete
contract milling for other miners in Ecuador and Peru. The
Company's expanded operations using portable concentrators is
generating greater positive results than anticipated, resulting in
higher returns than projected.
The Company's project to offer revenue opportunities to
individuals and companies by providing proven custom engineered
mine sites for production has started with funding of $250,000.00.
This project will generate cash flow for the asset partner within
60 days. A second project will start by the end of April, 2014 with
an initial funding of $200,000.00. These projects will deliver
revenue opportunities in the mining industry to individuals and
companies who previously could not participate in the mining
industry because of the huge capital costs required.
New World Gold Corporation trades in the United States on the
OTC Pink under the symbol "NWGC". For further information, please
contact the Company at (561)210 8496 or www.newworldgoldcorp.com or
investors can find real time quotes and market information for the
Company on www.otcmarkets.com.
NOTE: This press release contains forward-looking statements
within the meaning of the Private Securities Litigation Reform Act
of 1995 involving risks and uncertainties. Results, events and
performances could vary from those contemplated. These statements
involve risks and uncertainties which may cause results, expressed
or implied, to differ from predicted outcomes. Risks and
uncertainties include but are not limited to product demand, market
competition and New World Gold's ability to meet current and future
plans. Investors should study and understand all risks before
making an investment decision. Readers are recommended not to place
undue reliance on forward-looking statements or information. New
World Gold is not obligated to publicly release revisions to any
forward-looking statement, to reflect events or circumstances
afterward, or to disclose unanticipated occurrences except as
required under applicable law.
New World Gold Corporation (561)210 8496
www.newworldgoldcorp.com
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