NWGC Stock UPDATES New World Gold Cp (NWGC) 0.0021 10/23/2014
Post# of 273217
New World Gold Corporation to Begin Production on Zumba Project
Business Wire - Mon Sep 08, 6:00AM CDT
New World Gold Corporation (OTC Pink: NWGC) a gold mining and milling company with existing operations in Ecuador and Peru is pleased to announce its Zumba Project is ready to begin production. The initial daily production will be 40 Tons of ore per day with a head grade of 4.0 grms of gold per ton. This will produce 160 grm (5.2 Ozs) of gold per day. Initial monthly production will be 4000 grms (130 ozs) of gold per month generating cash flow of $162,500 per month. Within 90 days from initial production, the daily production will be 80 tons of ore per day with an average head grade of 4.0 grms per ton. This will generate 320 grms (10.3ozs) of gold per day, and cash flow of $321,875 per month.
New World Gold Successfully Tests Its Portable Concentrators
Business Wire - Tue Aug 26, 6:00AM CDT
New World Gold Corporation (OTC Pink: NWGC), a gold mining and milling company with existing operations in Ecuador and Peru, is pleased to announce that the testing of its portable concentrators was very successful with excellent results. Each portable concentrator is able to process 2 to 3 tons of ore per hour with initial results producing a range of 4 to 8 grams of gold per ton. The Company currently has six (6) portable concentrators. The portable concentrators are very mobile and as a result of this mobility are excellent at assessing different parts of the tailings piles. The portable concentrators allow the Company access to remote tailings piles to maximize the highest value areas for processing. The target areas are confirmed thru independent testing. Based on results obtained during testing - an average of 4gms per ton, a single portable concentrator will produce 96gms of gold (3.1 Ozs) to 192 gms (6.2 gms) of gold in a 12 hour shift. The Company has 6 portable concentrators.
New World Gold Corporation to Enhance Shareholder Value
Business Wire - Tue Aug 12, 6:00AM CDT
New World Gold Corporation (OTC Pink: NWGC) a gold mining and milling company with existing operations in Ecuador and Peru is pleased to announce that it will begin a buy back of 20,000,000 of its common shares under Sections 9(a)(2) and 10(b) of the Exchange Act and Rule 10b-5 under the Exchange Act when issuers repurchase their common stock in the market in accordance with the Rule's manner, timing, price and volume conditions. Each of the conditions of Rule10b-18 must be satisfied on each day that the repurchase is made. The initial repurchase will be completed by December 31, 2014.
New World Gold Corporation Continues to Show Growth in Operations Through Increases in Revenue and Profits
Business Wire - Wed Aug 06, 6:00AM CDT
New World Gold Corporation (OTC Pink:NWGC), a gold mining and milling company with existing operations in Ecuador and Peru, shows growth through increased revenues and profits for the second quarter ending June 30,2014.
New World Gold Corporation to Hold Conference Call for Investors
Business Wire - Mon Aug 04, 6:00AM CDT
New World Gold Corporation (OTC Pink: NWGC ), a gold mining and milling company with existing operations in Ecuador and Peru, has scheduled a conference call for investors on Wednesday, August 6, 2014 at 4:30 pm Eastern Standard Time. Anyone wishing to participate in the conference call can do so by calling 1-712-432-1212 and using the ID Number 625-963-722.
New World Gold Corporation Schedules Opening of New Mill
Marketwire - Mon Jul 21, 6:00AM CDT
New World Gold Corporation, (PINKSHEETS: NWGC), a gold mining and milling company with existing mining and milling operations in Ecuador and Peru has agreed to begin processing tailings piles for independent mining operations. The Company is building a new 50 ton a day mill to increase its processing capability. The new mill is scheduled to be fully operational by August 20, 2014. It is expected that the mill will operate at capacity within 3 to 4 weeks of start up
New World Gold Projects Profits for the End of the Second Quarter
Marketwire - Mon Jul 14, 6:00AM CDT
New World Gold Corporation (PINKSHEETS: NWGC), a gold mining and milling company with existing mining and milling operations in Ecuador and Peru projects that it will have increased profits for the second quarter ending June 30,2014 compared to the second quarter June 30,2013.
New World Gold Corporation To Begin Processing Tailings Piles
Business Wire - Wed Jul 09, 10:04AM CDT
New World Gold Corporation, (OTC Pink: NWGC), a gold mining and milling company with existing mining and milling operations in Ecuador and Peru has agreed to begin processing tailings piles for independent mining operations. The Company's expanded operations using portable generators are ideal for this project.
New World Gold Corporation Increased Revenue and Profits in First Quarter
Marketwire - Tue Apr 01, 6:01AM CDT
New World Gold Corporation (PINKSHEETS: NWGC), a gold mining company with existing mining operations in Ecuador and Peru, anticipates increased revenue and profits in the first quarter of 2014. The Company has fully operational mills to process its own reserves and to complete contract milling for other miners in Ecuador and Peru. The Company's expanded operations using portable concentrators is generating greater positive results than anticipated, resulting in higher returns than projected.
New World Gold Corporation Begins Custom Production Projects
Marketwire - Mon Mar 03, 5:01AM CST
New World Gold Corporation (PINKSHEETS: NWGC), a gold mining company with existing mining operations in Ecuador and Peru will deliver revenue opportunities to qualified gold and mineral asset owners. The Company has fully operational mills and portable concentrators to process its own reserves, to complete contract milling for other miners and provides extraction and processing services for gold, silver and copper from existing ore bodies and client ore bodies. The Company with its specialized mills and portable concentrators is now able to process mine tailings at any mine or in remote mining locations.
New World Gold Corporation Adds Portable Concentrators to Its Operations
Marketwire - Tue Feb 25, 6:02AM CST
New World Gold Corporation (PINKSHEETS: NWGC), a gold mining company with existing operations in Ecuador and Peru, has added portable concentrators to its operations. The concentrators are very efficient and suited for the recovery of precious metals from stamp and ball mill products, dump tailings, rubble beds and alluvial sands. The Company has developed these concentrators for small mining applications in conjunction with the flotation cells at its mills. Currently, the Company processes its own reserves, completes contract milling for independent miners without mills and runs the portable concentrators at isolated mines and mines without the funds to purchase the necessary equipment for their own concentrators.
New World Gold Corporation Shows Profits Despite the Drop in the Price of Gold
Marketwire - Tue Jul 30, 6:01AM CDT
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.
Geologix Explorations: Statement of Tepal Cash Costs to New World Gold Council Standards and Current Metals Price Volatility
Marketwire - Wed Jul 24, 4:30AM CDT
In acknowledgement of the World Gold Council's ("WGC" recently released guidelines regarding both All-In Costs and All-in Sustaining Cash Costs, Geologix Explorations (TSX: GIX)(OTCQX: GIXEF)(FRANKFURT: GF6)(BERLIN: GF6)(STUT: GF6)(MUN: GF6) ("Geologix," the "Company" has elected to present the projected cash costs for its Tepal Project ("Tepal" in Mexico in accordance with these new standards. These cash costs were originally articulated in Tepal's Prefeasibility Report ("PFS" , which was press released on March 19, 2013 and filed with SEDAR on May 7, 2013.
GIX.TO: 0.05 (unch)
New World Gold Profits Not Affected by the Drop in the Price of Gold and Sliver
Marketwire - Wed May 22, 6:00AM CDT
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.
New World Gold Increases Milling Capacity: Moves to 24 Hour Operations
Marketwire - Mon May 20, 6:01AM CDT
New World Gold Corporation (PINKSHEETS: NWGC), a gold mining company with existing operations in Ecuador and Peru, has increased its milling operation through contract milling with independent miners.
New World Gold Corporation Continues to Show Financial Growth and Increased Mining Operations
Marketwire - Tue Apr 30, 6:00AM CDT
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.
New World Gold Signs Agreement to Begin a Pilot Test in Los Lomas
Marketwire - Mon Mar 04, 6:47AM CST
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 processing 90 metric tonnes of ore per day for independent miners. These two contracts will result in significant cash flow to the company. Both contracts are expected to start by the third week in March 2013.
New World Gold Corporation to Begin Shipping Gold on Export Permit From Subsidiary
Marketwire - Tue Feb 26, 6:00AM CST
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.
New World Gold Corporation Discovers Significant Silver Reserves
Marketwire - Tue Feb 19, 6:01AM CST
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" and the other three silver veins are new.