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Market Value: $1,218,830 a/o Feb 28, 2011 Shares Outstanding: 34,823,720 a/o Mar 31, 2010 Float 13,361,000: a/o Oct 29, 2008 Authorized Shares: 100,000,000 a/o Mar 31, 2010 Par Value 0.001
Newport Gold Inc has entered into a world wide licensing agreement to develop and commercialize a new mineral processing technology ; thereby shifting its main business activities from pure mineral exploration to a Mining Technology processing solutions company. The high efficient, patent pending ore disintegration technology, intends to deliver huge recovery rates of minerals; in excess of 99% and requires no large rotating equipment or grinding media. The chemical free ore disintegration technology Is expected to reduce rock crushing costs,offers portability , will deliver environmentally friendly benefits,and can be uniquely custom designed for any customer on a global scale.
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