BOCA RATON, FL — (Marketwired) — 12/12/13 — New World Gold Corporation (PINKSHEETS: NWGC), a gold mining and milling company with operations in Ecuador and Peru, has committed to a new mill in January, 2014. The Company has completed an environmental report that will allow it to move ahead with the new mill. The new mill is expected to be operational in February, 2014. Initial production capability of the mill is expected to be 100 tons of ore per day with an average grade of 10 grams of gol
BOCA RATON, FL — (Marketwired) — 12/02/13 — New World Gold Corporation (PINKSHEETS: NWGC) a gold mining and milling company with operations in Ecuador and Peru, projects that in the first quarter of fiscal year 2014 based on the capacity of its mills, it will process 400 tons of ore per day based on 12 hour operational shifts with an average grade of 10 grams of gold per ton. The price of gold per oz during this period is projected to average $1250 per oz. It is the intention of the company
BOCA RATON, FL — (Marketwired) — 10/21/13 — New World Gold Corporation (PINKSHEETS: NWGC) a gold mining and milling company with operations in Ecuador and Peru, today released its financial results for the nine (9) month period ended September 30, 2013. The Company increased profits despite the decline in the average market price of gold by $199 per oz compared to last year. The Company increased its profit by further upgrading production facilities, increased contract processing of ore from
BOCA RATON, FL — (Marketwired) — 09/25/13 — New World Gold Corporation (PINKSHEETS: NWGC), a gold mining and milling company with operations in Ecuador and Peru, wishes to announce it has implemented a financial plan to maximize cash flow from its mills. The plan will increase production in the mills through contract milling combined with producing and processing of its own reserves. The Company has set a production target of 36000 to 40000 oz of gold in the first two years of the plan and i
BOCA RATON, FL — (Marketwired) — 07/30/13 — New World Gold Corporation (PINKSHEETS: NWGC), a gold mining and milling company with operations in Ecuador and Peru, today released its financial results for the six (6) months ended June 30, 2013.The financial statements for the six (6) months ending June 30, 2013 show gross revenue of $3,641,306 versus $3,349,925, an increase of $291,381 for the same period last year. The net profit for the six months ending June 30, 2013 was $832,173 versus $60
BOCA RATON, FL — (Marketwired) — 05/22/13 — New World Gold Corporation (PINKSHEETS: NWGC) a gold mining and milling company with existing operations in Ecuador and Peru has substantial milling operations to process ore from independent miners on a contract basis. The Company processes gold, silver and copper in its mills.Very few junior gold mining companies (estimated at less than 2%) have the capability to process (mill) their own ore. They depend on the major gold mining companies to mill
BOCA RATON, FL — (Marketwired) — 04/30/13 — New World Gold Corporation (PINKSHEETS: NWGC), a gold mining company with existing operations in Ecuador and Peru, today released its financial results for the first quarter ended March 31, 2013. The financial report was filed and is available on the Pink Sheets.The financial statements for the first quarter ending March 31, 2013 show revenue of $1,673,919 versus $1,517,077 for the same period last year. The net profit for the first quarter ended M
BOCA RATON, FL — (Marketwire) — 03/04/13 — New World Gold Corporation (PINKSHEETS: NWGC), a gold mining company with existing operations in Ecuador and Peru, today announced that it has agreed to a pilot test to process 50 metric tonnes of gold ore per day at its Los Lomas mill at a cost to the miner of $130.00 per ton. Previously, on February 5, 2013, the Company announced that it agreed to process 1000 tons per month from another miner. The two contracts will result in the company processi
BOCA RATON, FL — (Marketwire) — 02/26/13 — 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 operatio
BOCA RATON, FL — (Marketwire) — 02/19/13 — New World Gold Corporation (PINKSHEETS: NWGC), a gold mining company with existing operations in Ecuador and Peru, today announced that it has intersected 6 silver veins in the new shaft of its mining operations in Ecuador. Besides the gold veins that have been intersected in the mining operations, the 6 silver veins represent significant reserves. Three of the veins are known ("San Antonio," "Sanson" and "El Viento") a
