New World Gold Corporation (NWGC)

[aquastock]

Big news around the corner:

New World Gold Corporation (PINKSHEETS: NWGC), a gold mining company with existing operations in Ecuador and Peru, today announced that it has agreed to a pilot test to process 50 metric tonnes of gold ore per day at its Los Lomas mill at a cost to the miner of $130.00 per ton. Previously, on February 5, 2013, the Company announced that it agreed to process 1000 tons per month from another miner. The two contracts will result in the company processing 90 metric tonnes of ore per day for independent miners. These two contracts will result in significant cash flow to the company. Both contracts are expected to start by the third week in March 2013.

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