New World Gold Increases the Number of Independent Miners That It Processes Ore for
June 09 2014 - 9:25AM
Marketwired
New World Gold Increases the Number of Independent Miners That It
Processes Ore for
BOCA RATON, FL--(Marketwired - Jun 9, 2014) - New World Gold
Corporation (PINKSHEETS: NWGC), a gold mining and
milling company with operations in Ecuador and Peru, is
pleased to announce that it continues to increase the number of
independent miners that it processes ore for. The Company
makes a profit from the milling process as well as getting a
percentage of the gold and silver that it produces for the
independent miners.
The Company currently processes ore for 7 mines. It is expected
that this will increase to 12 mines by August as well as processing
its own reserves. The new mill, with a projected start up in August
2014, is expected to be at capacity immediately.
The Company increased both revenue and profits in the first
quarter of 2014. The Company is anticipating an excellent second
quarter with increased revenues and profits. With the start up of
the new mill in the third quarter, the second half of the year is
projected to produce very positive financial results.
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 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. Readers are recommended not to place
undue reliance on forward-looking statements or information. 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 (516) 210 8496
www.newworldgoldcorp.com
New World Gold (CE) (USOTC:NWGC)
Historical Stock Chart
From Dec 2024 to Jan 2025
New World Gold (CE) (USOTC:NWGC)
Historical Stock Chart
From Jan 2024 to Jan 2025