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New Colombia Resources, Inc. (NEWC)

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Last Post: 4/28/2017 5:13:02 PM - Followers: 275 - Board type: Free - Posts Today: 85


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Corporate Profile

New Colombia Resources, Inc. is focused on the acquisition and development of high-quality metallurgical coal properties in the Republic of Colombia. We own 100% of La Tabaquera coal mine in Guaduas, Colombia with an estimated 15- 17 MM tonnes of reserves, 70% metallurgical and 30% thermal coal. SGS Colombia S.A. completed a drilling program for an N.I. 43-101 Technical Report; once financing is secured we will implement the program. Our Mining Plan of Operations (PTO) was approved on December 23, 2013. In April 2014 we applied for an environmental license. We expect to begin mining operation in August 2015.

New Colombia Resources also has a medical cannabis business in Colombia operating as Sannabis SAS. Sannabis is a partnership between New Colombia Resources and others including members of the Nasa Indian Nation of Colombia. Medicines are legally produced on the Indian reservation and distributed throughout Colombia. Sannabis enjoys first mover advantage in Colombia and aims to provide the best medicine with scientific evidence available in Colombia and


Investor/Media Contact
John Campo
President/Chairman
1-410-236-8200
Email: jcampo@newcolombiaresources.com

 

Registrar and Transfer Agent
Standard Registrar and Transfer Company Inc.
12528 South 1840 East
Draper, UT 84020 
Phone:(801) 571-8844
Fax: (801)571-2551

Independent Auditors
MaloneBailey, LLP
10350 Richmond Ave.
Suite 800
Houston, TX, 77042
United States




118 Million Float

 


 

                                                                                   http://www.otcmarkets.com/stock/NEWC/news

http://www.newcolombiaresources.com/

New Colombia Resources Inc. (“New Colombia” or the “Company”) is a publicly traded resource company listed on the OTC under the symbol “NEWC”. The Company is focused on the acquisition and development of high quality metallurgical coal properties in Colombia, considered one of the most attractive emerging markets. With an estimated US$378 billion in gross domestic product in 2013, it became the third largest economy in Latin America and is growing 4% to 6% per year. Colombia has the largest coal reserves in Latin America and is the fourth largest coal producer in the world. Total coal production decreased by 4% in 2013 to 85.5 million tonnes. Coal producers aim to increase coal output in 2015. Colombia privatized its coal sector in 2004 and is committed to investing in infrastructure to support increased mining.

We are focusing on our La Tabaquera coal and rock project (the “Project”) located in the Municipality of Guaduas, approximately 100 kilometers northwest of Bogota. This Project’s haul roads are easily accessible either by National Highway I-50 or the new Ruta del Sol. The property is within 50kM of the Magdalena River, providing easy transport to terminals in Barranquilla, Santa Marta or Cartagena for export. The Magdalena River is being dredged to allow cargo from La Dorada which in close proximity to their mine.

Recently we purchased a rock crushing plant with processing capacity of over 100 m3/hour of aggregates which is expected to be operating in by August 2015. Demand is strong for building material in Colombia since many illegal mines have been closed as new construction and infrastructure projects come online. Construction of the final sector of the Ruta del Sol road project was approved to begin. It will consist of tunnels and bridges within 5 kilometers or our coal and rock mine. This allows us to supply road builders with aggregates, and then use these roads to move our coal to export terminals. We intend to fund our coal operations with the cash flow generated from the sale of processed aggregates.

An “Estimate of Probable Reserves and Grantable Potential of Coal at La Tabaquera Mine” report was prepared on behalf of New Colombia in September 2011. The report estimated reserves for La Tabaquera Project of 13,073,935 cubic meters for a total of 16,996,116 tonnes of bituminous coal (non JORC compliant), with 70% being metallurgical hard coking coal and 30% thermal coal.

Based on the high quality of our coal, we expect to sell at a premium to other domestic coals. We believe our mines have Blue Gem coal, only found along the Kentucky Tennessee border in the U.S. and Colombia. This coal is unique because of its low ash and high carbon content. It is in high demand for the silicon and silicon based alloy market. Beginning in 2015, New Colombia will concentrate tunnel mining its hard coking coal seams first. The Company expects to mine 20,000 tonnes of hard coking coal per month.

We own the mining title and land where we will commence operations. Our Mining Plan of Operations (PTO) was approved in December 2013 by the Agencia Nacional de Mineria (ANM). In April 2013 we applied for an environmental license which we expect to be issued soon.


https://finance.yahoo.com/news/colombia-resources-announces-sannabis-subsidiary-123000253.htm

New Colombia Resources Announces Sannabis Subsidiary Receives Multi-million Peso Purchase Order of their Medical Marijuana Products From Doctors of a 100-year-old Hospital Foundation in Colombia

Sannabis receives second bulk order from distributor to Private Label their Climax Product

CALI, Colombia, April 21, 2016 /PRNewswire/ --

New Colombia Resources, Inc. (NEWC), a U.S. company with natural resource assets in Colombia is pleased to announce that its subsidiary, Sannabis SAS, has received a multi-million-peso purchase order from doctors of a well-known hospital foundation in Medellin, Colombia.  This 100-year-old foundation has a University Hospital, Children's hospital, and an Institute of Medical Technology.  

These doctors will offer medical service visits introducing Sannabis products direct to patient's homes.  Medellin's urban area is Colombia's second largest with a population of over 3.5 Million people. Sannabis products are well accepted in Medellin therefore the company is focusing a strong sales effort in this region and plans to open addition distribution points.

Sannabis is very pleased with the testimonials for their Climax female lubricant product which they private labeled for a distributor in Colombia.  We congratulate the distributor with the success they've had in creating a niche market for this lubricant made with our 100% organic cannabis sativa extract and coconut oil. According to this article in Colombia's leading newspaper, El Pais, the distributor surveyed 50 women that used the product with favorable results, which is evidenced by their re-order. Sannabis has received a second bulk order from this distributor.http://www.elpais.com.co/elpais/cali/noticias/spray-sube-deseo-sexual

In addition to their original Sannabis brand products, and due to Sannabis' position as the only legal mass producer of medical cannabis based products in Colombia, the company is working with entrepreneurs that want to develop brands and market medical cannabis products.  This is in line with their plan of being mass producers of high quality 100% organic cannabis extract, while maintaining the top brand in the industry, Sannabis.  Although the media gives the distributor credit for developing the product, it was developed, produced, and bottled by Sannabis.

Sannabis is working with an in-house distributor that will mass market the Sannabis Climax brand female lubricant spray to a different demographic with different price points and presentation so as to not directly compete with private label partners.
 


https://finance.yahoo.com/news/colombia-resources-announces-sannabis-subsidiary-124200931.html

New Colombia Resources Announces Sannabis Subsidiary Receives Purchase Order for their Medical Marijuana Products from a Pharmacy Chain

Company Scientific Advisor, Dr. Robert Melamede Ph.D. now in Dubai introducing Sannabis products to Middle Eastern Countries

CALI, Colombia, April 20, 2016 /PRNewswire/ --

New Colombia Resources, Inc. (NEWC), a U.S. company with natural resource assets in Colombia, is pleased to announce that its subsidiary, Sannabis SAS, has received orders from an established pharmacy chain distributing natural products in southwest Colombia.

Natural Pharmacy chain Salud Semillas, a leading distributor of natural products with an established customer base in southwest Colombia, has placed an initial purchase order and developed a marketing plan to generate strong sales.  In addition to having stores in upscale malls and shopping centers they also sponsor a morning health talk radio show to discuss their featured products. The show targets an area of 350,000 people and attracts 25-35,000 listeners daily from 8-8:30 am.   Salud Semillas' marketing plan for Sannabis products includes radio talk shows, telemarketing group, internet sales, newspaper ads, and a direct to customer health magazine called "Buena Vida" which is distributed directly to thousands of customer's homes monthly by Salud Semillas' trained personnel in strategic neighborhoods.  For more information on Salud Semillas visit http://www.saludsemillas.com. Their radio show is also broadcast in Spain, France, and Germany as well as online. To listen to the show tune into http://emisora.univalle.edu.co.

"After 20 years of hard work developing high quality medical marijuana products in Colombia, I'm pleased that we were finally able to establish a mainstream market, our orders are coming in droves," said Juan Pablo Guzman, Director of Sannabis in Colombia.

Dr. Robert Melamede Ph.D., scientific advisor to Sannabis and New Colombia Resources, is now in Dubai as a guest speaker at the World Congress on Oncology and Radiology held from April 18-20. He presented at the Novel Approaches to Cancer Therapeutics session. Dr. Melamede is a world renowned expert of the body's Endocannabinoid System and can easily educate world leaders on why cannabis cures and relieves.  Dr. Melamede has firsthand knowledge of the effectiveness of Sannabis products in South America and is helping the company establish relationships and purchase orders with Middle Eastern countries. "The cannabis awakening is spreading across the world. The scientific knowledge of the unique healing powers of this plant are now known by more and more people around the world. The truth can no longer be suppressed by ignorance," stated Dr. Robert Melamede, Scientific Advisor to Sannabis and New Colombia Resources.

"In anticipation of having an approved export license, our approach to the international market is simple.  You know cannabis cures but you don't want the hurdles of growing marijuana.  Our region has grown the best medical strain for generations, we can grow and manufacture the highest quality 100% organic cannabis products for you at the most competitive cost possible.  Colombian entrepreneurs are creating a new industry for the legal international medical cannabis and industrial hemp products market and we're proud to be a part of it," commented John Campo President of New Colombia Resources Inc.



 
Share Statistics
Avg Vol (3 month)3: 206,075
Avg Vol (10 day)3: 18,756
Shares Outstanding5: 154.34M
Float: 118.09M
% Held by Insiders1: 23.49%


New Colombia Resources Inc. Announces Results of Coal Surface Samples Showing High Grade Anthracite Qualities in Colombia

The Company works closer to getting an N.I. 43-101

The results are available on the Coal Specifications page of the company's new website, http://www.newcolombiaresources.com.

The samples taken by SGS in June were analyzed by SGS Minerals Services in Barranquilla, Colombia on July 11, 2013.  Of the 9 samples analyzed, 7 were very high quality coal and 2 were lower quality coal.  The Company is extremely pleased with the first two samples which showed High Grade (HG) anthracite values with an 80% fixed carbon content, .64% sulfur, and 9.5% ash.  The company is not satisfied with the lower quality results of 2 samples and is waiting for a formal report from SGS to determine the locations and extraction method of these samples.

New Colombia Resources believes the majority of their coal has a coking coal to semi-anthracite rank.  A paper titled Coal Resources of the Americas published by the American Geological Society stated "middle Guaduas is characterized by thick beds of shale that are subdivided by sandstone and good concentrations of mineable coal beds which make this unit the best coal producer."  The paper goes on to say that "thermo metamorphic action changed the rank of the coal beds in Guaduas from bituminous to meta-anthracite."



About SGS
 

SGS is the world's leading inspection, verification, testing and certification company. They are recognized as the global benchmark for quality and integrity. With more than 75,000 employees, they operate a network of more than 1,500 offices and laboratories around the world. Their core services can be divided into four categories: inspection, testing, certification, and verification. For more information visit http://www.sgs.co/en.

 

SGS Corporate Video

http://www.youtube.com/watch?v=x-1iQZxXVaI
 

Location of Mine



Our wholly owned coal mining concession, La Tabaquera, sits on the rolling hills of Guaduas, Colombia. Guaduas is believed by many to have the highest quality hard coking coal in the world. The Guaduas Formation Tertiary contains at least seven recorded coal seams, with an individual seam thickness of up to 2.0m, and a total coal thickness of approximately 12.0m.

The 57 HA La Tabaquera (in yellow) and the 390 HA mine La Herradura (in Orange), are located to the West of the La Bermeja Ravine, crossing Rio Guaduero from N to S, with a linear extension of 2.5 km N-S direction and .2 km approximately, from E-W






 



 


 


Valuation of mine: $49,000,000



Mining Assesment PDF



http://www.newcolombiaresources.com/assesment.php




 
     

 
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News News Alert: Current Report Filing (8-k) 04/28/2017 06:06:58 AM
PostSubject
#29309  Sticky Note New Colombia Resources Inc. Issues Letter to Shareholders signesx 04/26/17 03:58:33 PM
#29069  Sticky Note SUMMARY OF WARNING SIGNS OF THE NEWC SCAM Cargoman007 04/21/17 08:49:24 AM
#26960  Sticky Note Email I received from CEO about 10k yesterday! judasgoat98 03/02/17 09:38:24 AM
#25124  Sticky Note EVERYBODY please get back and stay on topic here. IH Geek [Dave] 02/03/17 01:06:05 PM
#29499   Bingo Alib 04/28/17 05:13:02 PM
#29498   Its probably your shares. Alib 04/28/17 05:11:42 PM
#29496   I would agree, your post on trading as keyotee 04/28/17 04:50:08 PM
#29495   No! keyotee 04/28/17 04:42:06 PM
#29494   Not to hard to call if your the signesx 04/28/17 04:40:42 PM
#29493   938,981 @ .0077! 16:16:24 .Another great call! keyotee 04/28/17 04:30:47 PM
#29492   And no I don't agree with Key on signesx 04/28/17 04:26:15 PM
#29491   I have to agree, Play the ticker, there signesx 04/28/17 04:25:25 PM
#29490   .0077 anyone?? keyotee 04/28/17 03:58:33 PM
#29489   To both of you , I trade on keyotee 04/28/17 03:40:20 PM
#29487   Hi Guys, Harpo1 04/28/17 03:33:13 PM
#29486   So you are saying in your opinion it's Setanta 04/28/17 03:25:09 PM
#29484   I'm holding too!! NEWC will come thru! Vesig 04/28/17 03:18:21 PM
#29483   I emailed him about 3x and he didn't Vesig 04/28/17 03:17:03 PM
#29482   Love it!! Yooo 04/28/17 03:16:46 PM
#29481   10k will be filed on or about May Buckstopshere 04/28/17 03:16:37 PM
#29480   A wise Friday day trader would begin to keyotee 04/28/17 03:11:18 PM
#29479   Fair value ??? keyotee 04/28/17 03:06:57 PM
#29478   people, make sure you read this letter -very microcaps1 04/28/17 03:04:50 PM
#29477   And now the turn back down to the keyotee 04/28/17 03:02:29 PM
#29476   Surprising for Friday and considering recent events, I'll Setanta 04/28/17 02:59:26 PM
#29475   It would appear we are getting a vote onco 04/28/17 02:51:03 PM
#29473   This is true I hope so. Setanta 04/28/17 01:46:58 PM
#29472   Maybe Campo has vetted the new accounting firm surfgreen 04/28/17 01:46:09 PM
#29471   Ok Opti I'm right there with you, I've Setanta 04/28/17 01:29:24 PM
#29470   I have held this stock for years and Opti Mist 04/28/17 01:18:02 PM
#29468   Can we trust him do you think?In light Setanta 04/28/17 01:06:18 PM
#29467   I am here and holding. Opti Mist 04/28/17 01:03:57 PM
#29466   Sorry, did you try emailing him regarding 10k Setanta 04/28/17 01:02:37 PM
#29465   I thought of the same thing, but didn't Vesig 04/28/17 12:59:11 PM
#29464   It's going to be a slower process than Vesig 04/28/17 12:56:53 PM
#29463   Thank you! Good eyes :) Vesig 04/28/17 12:54:48 PM
#29462   Would Malone Bailey be allowed to state their case 1manband 04/28/17 12:35:57 PM
#29461   I agree my problem is after the 8k Setanta 04/28/17 12:35:43 PM
#29460   https://marketexclusive.com/new-colombia-resources-inc-otcmktsnewc-files-an-8-k- Bnzapilot 04/28/17 12:29:43 PM
#29459   https://marketexclusive.com/new-colombia-resources-inc-otcmktsnewc-files-an-8-k- Bnzapilot 04/28/17 12:29:33 PM
#29458   https://marketexclusive.com/new-colombia-resources-inc-otcmktsnewc-files-an-8-k- Bnzapilot 04/28/17 12:29:18 PM
#29457   Not sure. But if they were able to, Sonrisa 04/28/17 12:17:39 PM
#29456   What news? Setanta 04/28/17 12:07:02 PM
#29455   News out. Bnzapilot 04/28/17 12:05:02 PM
#29454   Would Malone Bailey be allowed to state their Setanta 04/28/17 11:50:35 AM
#29453   Another example Yooo 04/28/17 11:45:21 AM
#29452   NEWC definitely has its share of issues. I'm Sonrisa 04/28/17 11:40:35 AM
#29451   This is not uncommon Yooo 04/28/17 11:29:52 AM
#29450   Change of Accounts is a bad thing for NEWC Cargoman007 04/28/17 11:26:56 AM
#29449   The accountant resigned. There is a difference between Cody6 04/28/17 11:19:50 AM
#29448   Strong track record? Sadler, Gibb & Associates, LLC Yooo 04/28/17 11:09:51 AM
#29447   Another recent Change of Accountants from MaloneBailey Yooo 04/28/17 11:01:25 AM
#29446   New Colombia Resources, Inc. engaged PCAOB independent registered Yooo 04/28/17 10:59:00 AM
#29445   As I remember it Campo said it was Setanta 04/28/17 10:57:56 AM
PostSubject