New Gold Files Technical Report for Rainy River Project

Alleen voor leden beschikbaar, wordt daarom gratis lid!

Overig advies 15/02/2014 10:42
VANCOUVER, Feb. 14, 2014 /CNW/ - New Gold Inc. ("New Gold") (TSX:NGD) and (NYSE MKT:NGD) today announces that the company has filed a Technical Report (the "Report"), entitled "NI 43-101 Feasibility Study of the Rainy River Project, Ontario, Canada" and dated February 14, 2014. The Report was prepared in compliance with National Instrument 43-101 - Standards for Disclosure for Mineral Projects and may be found under the company's profile on SEDAR at www.sedar.com.

The Technical Report supports the disclosure contained in New Gold's news release issued on January 16, 2014, announcing the results of the Feasibility Study for the Rainy River project. The Report also provides further information on the project's history, additional detail on both the technical and financial estimates, as well as an overview of the regional geology.

The Rainy River project enhances New Gold's growth pipeline through its manageable capital costs, significant production scale at below current industry average costs and good regional exploration potential in a great mining jurisdiction. The company looks forward to providing further updates on the advancement of Rainy River throughout 2014.

About New Gold Inc.

New Gold is an intermediate gold mining company. The company has a portfolio of four producing assets and three significant development projects. The New Afton Mine in Canada, the Cerro San Pedro Mine in Mexico, the Mesquite Mine in the United States and the Peak Mines in Australia provide the company with its current production base. In addition, New Gold owns 100% of the Blackwater and Rainy River projects, both in Canada, as well as 30% of the El Morro project located in Chile. New Gold's objective is to continue to establish itself as a leading intermediate gold producer, focused on the environment and sustainability. For further information on the company, please visit www.newgold.com
- See more at: http://www.newgold.com/investors/NewGoldNews/PressReleaseDetail/2014/New-Gold-Files-Technical-Report-for-Rainy-River-Project/default.aspx#sthash.jejyRcaT.dpuf

SOURCE New Gold Inc.

Hannes Portmann
Vice President, Corporate Development
Direct: 1 (416) 324-6014
Email: info@newgold.com

- See more at: http://www.newgold.com/investors/NewGoldNews/PressReleaseDetail/2014/New-Gold-Files-Technical-Report-for-Rainy-River-Project/default.aspx#sthash.jejyRcaT.dpuf



Beperkte weergave !
Leden hebben toegang tot meer informatie! Omdat u nog geen lid bent of niet staat ingelogd, ziet u nu een beperktere pagina. Wordt daarom GRATIS Lid of login met uw wachtwoord


Copyrights © 2000 by XEA.nl all rights reserved
Niets mag zonder toestemming van de redactie worden gekopieerd, linken naar deze pagina is wel toegestaan.


Copyrights © DEBELEGGERSADVISEUR.NL