New World Gold Corporation Continues to Increase Production Capability

BOCA RATON, Fla.--()--New World Gold Corporation (OTC Pink: NWGC), a gold mining and milling Company with existing operations in Ecuador and Peru wishes to announce that it has current production capacity of 750 tons of ore per day. The Company expects to increase its daily production capacity to 900 tons of ore per day by the end of June, 2015.

The Company is increasing production from its own mines as well as increasing its contract milling volume. The average head grade is 6 gms per ton (ranging from 2gms per ton to 12 gms per ton) in our own facilities. In some cases, independent labs shows that the grade of the contract ore has exceeded 27 gms per ton.

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 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.

Contacts

New World Gold Corporation
Robert Talbot, 561-210-8496
www.newworldgoldcorp.com

Release Summary

press release nwgc production summary 2015

New World Gold Corporation