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Thursday, February 05, 2015 4:12:58 AM
New World Gold Corporation, (OTC Pink:NWGC) a gold mining and milling company with existing operations in Ecuador and Peru is projecting revenues in excess of $8,500,000 and a profit of $2,500,000 for the year ended December 31, 2014. The Company is projecting that it will produce in excess of 10,000 ozs of gold in 2015.
The Company projects that its financial results for the year ended December 31,2014 will exceed the profits reported in 2013. The Company will continue to increase its milling operation while further developing its mining operation.
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 thr 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.
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