Business
Newlox Gold Shares Recently Completed Boston Project Construction Video Timelapse
Vancouver, BC – TheNewswire - 21 February 2023 – Newlox Gold Ventures Corp. (“Newlox” or the “Company”) (CSE:LUX) | (Frankfurt/Stuttgart:NGO) | (OTC:NWLXF) has
About this update from Newlox Gold Ventures Corp.
[{"type":"text","content":"Vancouver, BC – TheNewswire - 21 February 2023 – Newlox Gold Ventures Corp. (“Newlox” or the “Company”) (CSE:LUX) | (Frankfurt/Stuttgart:NGO) | (OTC:NWLXF) has posted a video construction timelapse of construction at the, recently completed, Boston Clean Gold Project (Plant 2). The Company completed construction at the Boston in January of 2023. The Boston Project is slated to become the Company’s second environmentally and socially responsible precious metals project in Costa Rica. Testing and commissioning of the new processing plant is now in progress. To view the video, copy this url into a browser: youtu.be/3WWKM2eYny0 The Boston Project will process feedstock newly extracted from the Boston Mine by the Company’s local mining partners. At full scale, Newlox will operate the new Boston mill to process 150 tonnes per day of material grading +- 15 grams per tonne gold with an anticipated gold recovery of 90%. All feedstock is to be provided by the Company’s mining partners, with profits to be split evenly between the parties. A Message from Ryan Jackson, President & CEO: “We are delighted to announce the completion of the construction phase at Newlox Gold’s second environmentally and socially positive precious metals recovery facility in Costa Rica. Mining and precious metals are an integral component of the local population’s economy, culture, and history in Central America. We are honoured to be invited to assist in the sustainable development of the local economy. Although artisanal mining has a long and rich history in this area, traditional metal extraction methods can have harmful environmental consequences. By providing access for local mining groups to modern mineral processing technology, Newlox Gold will empower local miners to enhance their economic, social, and environmental conditions while building value for Newlox Gold’s shareholders.” Forward-Looking Information The information in this news release includes certain information and statements about management’s view of future events, expectations, plans and prospects that constitute forward-looking information. Forward-looking information includes, but is not limited to, the completion of the work programs currently underway and the results of these programs. These statements are based upon assumptions that are subject to significant risks and uncertainties....