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[WSNewbee]

New World Gold Corporation (PINKSHEETS: NWGC), a gold mining company with existing operations in Ecuador and Peru, today announced that it has intersected 6 silver veins in the new shaft of its mining operations in Ecuador. Besides the gold veins that have been intersected in the mining operations, the 6 silver veins represent significant reserves. Three of the veins are known ("San Antonio," "Sanson" and "El Viento") and the other three silver veins are new.
The width of the 6 veins range from 70cm (27.5 inches) to 2.0 metres (6.5 ft) with grades ranging from 1.0 ozs per ton to 1.5 ozs per ton. The Company also intersected copper with grades between 0.08 % to 2.5%. Preliminary assessments indicate that the Company has significant silver reserves estimated to exceed 750,000 ozs. Modifications to the Company's mills allows for immediate processing of the ore.