Business
Newlox Gold Ventures Establishes Brazilian ESG Gold Initiative
Vancouver, BC - TheNewswire - 16 June 2021 - Newlox Gold Ventures Corp. (“Newlox” or the “Company”) (CNSX:LUX.CN) (Frankfurt/Stuttgart:NGO) (OTC:NWLXF) is pleas
About this update from Newlox Gold Ventures Corp.
[{"type":"text","content":"Vancouver, BC - TheNewswire - 16 June 2021 - Newlox Gold Ventures Corp. (“Newlox” or the “Company”) (CNSX:LUX.CN) (Frankfurt/Stuttgart:NGO) (OTC:NWLXF) is pleased to announce that in accordance with its long-standing objective, the Company has entered the Brazilian market, where it intends to develop precious metals projects in partnership with local artisanal miners, focussing on environmental, social, and corporate governance (ESG). Newlox Gold is working in partnership with NAP.Mineração/USP, the centre for small-scale responsible mining at the University of São Paulo, Brazil. The partnership will support sustainable development within the vast Brazilian artisanal mining sector and support research, training, and education while fostering responsible management of mine development and governance. The research team engages and collaborates closely with both artisanal mining cooperatives and associations as well as conventional mining companies. Additionally, on a broader front, NAP.Mineração maintains artisanal mining-related collaborations with national and international institutions such as research agencies, mining cooperatives, universities, and government agencies. Newlox Gold, with the support of NAP.Mineração/USP, has already identified two highly prospective areas suitable for the deployment of Newlox Gold ESG-focused precious metals processing plants. These projects are currently in due diligence, and further details will follow. The Company is also pleased to advise that its Costa Rican operations continue to advance. Plant One, the remediation facility, is undergoing a modification to its processing circuit to increase throughput substantially, while Plant Two, the Boston partnership, is advancing construction according to plan. A Message from Ryan Jackson, President & CEO: “The Company has established a close connection with Brazil over many years through its Chief Technical Advisor, Dr. Marcello Veiga, who has worked closely with Newlox since 2014 and who now heads up the Company’s research and development division. Through our relationship with Dr. Veiga, the Company has assembled a team focused on identifying and assessing expansion opportunities in Latin America, with Brazil at the heart of this endeavour. Newlox Gold has established a beachhead in Brazil through its partnership with NAP.Mineração/USP. We a...