New World Gold Corporation to Begin Shipping Gold on Export Permit From Subsidiary
26 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 will begin exporting 50 kilos (1500 oz.) of gold
per month starting April 2013 as a result of the export permit its
subsidiary has been awarded.
The Company's subsidiary currently is producing 45 oz. of gold.
In order to ship the 50 kilos (1500 oz.) per month the company will
combine production from other operations to reach the necessary
export levels. As the Company begins processing ore from other
producers in its mills on a consistent level, the Company will
increase the export levels. The modifications and upgrades that the
Company has made on its mills allows for the 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.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 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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