New World Gold Corporation continues to grow throu
Post# of 108
Posted On: 01/21/2014 8:01:54 AM
New World Gold Corporation continues to grow through development and production of existing reserves, acquisition and development of new reserves and processing of third party reserves at it's mills.
Previously the Company had focused on domestic gold reserves. However, the Company has been very successful in Ecuador and Peru and has defined a large proven reserve of 695,000 oz of gold and significant probable reserves that the Company is evaluating to change into a proven reserve. At the same time the Company will continue to acquire additional proven reserves that are ready to come on to productions.
Previously the Company had focused on domestic gold reserves. However, the Company has been very successful in Ecuador and Peru and has defined a large proven reserve of 695,000 oz of gold and significant probable reserves that the Company is evaluating to change into a proven reserve. At the same time the Company will continue to acquire additional proven reserves that are ready to come on to productions.
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