New World Gold Increases Production Capability
23 February 2015 - 11:00PM
Business Wire
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 has increased its production capacity
by 200 tons per day. This production facility will be fully
operational by March 1, 2015. This facility has 8 chilean mills,
electrolysis equipment for gold and silver recovery and a full set
of flotation cells.
In a previous press release on February 4, 2015 the Company
announced a contract to supply 100kilos of gold per month to a
Chinese corporation. The contract has an option clause to allow New
World Gold to increase the monthly delivery volume by 20 kilos per
month to 120 kilos of gold per month. This new facility gives the
Company the ability to exercise the option to increase the monthly
delivery volume.
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.nweworldgoldcorp.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 CorporationRobert Talbot,
561-210-8496www.nweworldgoldcorp.com
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