|By Marketwired .||
|March 3, 2014 06:00 AM EST|
BOCA RATON, FL -- (Marketwired) -- 03/03/14 -- 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.
The Company will offer revenue opportunities to individuals and companies by providing proven custom engineering mine sites, consulting and mineral processing knowledge on production projects. The asset partner will put forward the required capital for the production project and receive a percentage (40%) of the revenue after expenses. The initial project has funding of $250,000.00 and will generate cash flow for the asset partner within 60 days and a projected payback in under one year and additional cash flow for at least one additional year.
This project will unlock revenue from gold, silver and copper production. It will deliver revenue opportunities in the mining industry to individuals and companies who previously could not participate in the mining industry because of the huge capital costs required. It supplies capital to take advantage of the growing mineral demand.
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 actual 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