New World Gold Corporation (NWGC)

[Suebarth]

AGCZ Company Overview

Headquarters:Suite 200, 1200 N. Federal Hig
BOCA RATON, FL 33432

Web Address: http://www.andesgoldmine.com/
Andes Gold Corporation through its wholly owned subsidiary company, Compania Minera Pl. S.A., in Eucador, South America, controls a gold mining and exploration concession called the Miranda Alto. The Miranda Project is located in the cantons of Zaruma and Portovelo, Province of El Oro, southern Ecuador, about 175 kilometers south and 60 kilometers southeast of the port cities of Guayaquil and Machala respectively. On October 1, 2010, Andes Gold Corporation entered into an agreement with New World Gold Corporation, whereby the New World Gold Corporation acquired a 54% interest in the Company, and Andes Gold Corporation acquired a 20.57% interest, in New World Gold Corporation. As a result, Andes Gold Corporation became a majority-owned subsidiary of New World Gold Corporation. On May 26, 2011, New World Gold Corporation increased its controlling ownership of Andes Gold Corporation to 70.1%.