Business
New World Gold Corporation Receives New Environmental Permit
New World Gold Corporation Receives New Environmental Permit.
About this update from New World Gold Corporation
[{"type":"text","content":"\n \n New World Gold Corporation (OTC Pink: NWGC ) a gold mining and milling \n company with existing operations in Ecuador and Peru wishes to announce \n that it has received the environmental permit necessary to bring an \n additional tailings pile with economical viable grades of gold and \n silver on production.\n \n \n The tonnage of this tailings area is 71,000 tons with grades ranging \n from 2gms/ton to 18gms/tom with an anticipated average grade of 9gms/ton \n based on a testing grid and independent laboratory results. The Company \n expects to recover 82% of the gold and 46% of the silver. The projected \n value of this tailings pile is $20,283,000 based on a 2 year production \n schedule and gold at $1200 per oz.\n \n \n New World Gold Corporation trades in the United States on the OTC Pink \n under the symbol “NWGC”. For further information, please contact the \n Company at (561)2108496 or www.newworldgoldcorp.com \n or investors can find real time quotes and market information for the \n Company on www.otcmarkets.com.\n \n \n NOTE: This press release contains forward-looking statements within the \n meaning of the Private Securities Litigation Reform Act of 1995 \n involving risks and uncertainties. Results, events and performances \n could vary from those contemplated. These statements involve risks and \n uncertainties which may cause results, expressed or implied, to differ \n from predicted outcomes. Risks and uncertainties include but are not \n limited to product demand, market competition and New World Gold's \n ability to meet current and future plans. Investors should study and \n understand all risks, before making an investment decision. Readers are \n recommended not to place undue reliance on forward-looking statements or \n information. New World Gold is not obligated to publicly release \n revisions to any forward-looking statement, to reflect events or \n circumstances afterward or to disclose unanticipated occurrences except \n as required under applicable law.\n \n \n \n View source version on businesswire.com: http://www.businesswire.com/news/home/20150526006328/en/","length":3253,"tagName":"div"}]