New World Gold Corporation To Begin Processing Tailings Piles
July 09 2014 - 10:04AM
Business Wire
New World Gold Corporation, (OTC Pink: NWGC), a gold mining and
milling company with existing mining and milling operations in
Ecuador and Peru has agreed to begin processing tailings piles for
independent mining operations. The Company's expanded operations
using portable generators are ideal for this project.
The initial tailings operation has 100,000 tons of material to
be processed with an average head grade of 5 grams of gold per ton
and 20 ozs of silver per ton. Grades have been verified by
independent laboratory analysis. The Company will get paid for the
cost of processing the tailings plus a percentage of the gold
recovered (estimated to be approximately 4000 ozs of gold ).The
Company's portable concentration operations allow it to go into
remote inaccessible areas to process materials.
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 risk 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 CorporationRobert Talbot,
561-210-8496www.newworldgoldcorp.com
New World Gold (CE) (USOTC:NWGC)
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