New World Gold Corporation Continues to Increase Production Capability
April 12 2015 - 10:24PM
Business Wire
New World Gold Corporation (OTC Pink: NWGC), a gold mining and
milling Company with existing operations in Ecuador and Peru wishes
to announce that it has current production capacity of 750 tons of
ore per day. The Company expects to increase its daily production
capacity to 900 tons of ore per day by the end of June, 2015.
The Company is increasing production from its own mines as well
as increasing its contract milling volume. The average head grade
is 6 gms per ton (ranging from 2gms per ton to 12 gms per ton) in
our own facilities. In some cases, independent labs shows that the
grade of the contract ore has exceeded 27 gms per ton.
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 CorporationRobert Talbot,
561-210-8496www.newworldgoldcorp.com
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