New World Gold Corporation Discovers Significant Silver Reserves
19 Febbraio 2013 - 1:00PM
Marketwired
New World Gold Corporation (PINKSHEETS: NWGC), a gold mining
company with existing operations in Ecuador and Peru, today
announced that it has intersected 6 silver veins in the new shaft
of its mining operations in Ecuador. Besides the gold veins that
have been intersected in the mining operations, the 6 silver veins
represent significant reserves. Three of the veins are known ("San
Antonio," "Sanson" and "El Viento") and the other three silver
veins are new.
The width of the 6 veins range from 70cm (27.5 inches) to 2.0
metres (6.5 ft) with grades ranging from 1.0 ozs per ton to 1.5 ozs
per ton. The Company also intersected copper with grades between
0.08 % to 2.5%. Preliminary assessments indicate that the Company
has significant silver reserves estimated to exceed 750,000 ozs.
Modifications to the Company's mills allows for immediate
processing of the ore.
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.otcmarket.com.
NOTE: This press release contains forward-looking statements
within the meaning of the Private Securities 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 actual 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. 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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