VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jan 21, 2014) - New World Resource Corp. (TSX VENTURE:NW)(FRANKFURT:NWU) ("New World" or the "Company") announces the start of a diamond drill program at the Agua Grande gold-copper project ("Agua Grande"). The 2,500 metre program, which began January 20, 2014, is designed to test several targets that [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Nov 20, 2013) - New World Resource Corp. (TSX VENTURE:NW) (FRANKFURT:NWU) ("New World" or the "Company") announces that it has entered into an agreement (the "Agreement") with Fondo de Inversión Privado EPG Exploración Minera ("EPG Exploration Fund"), a private equity fund managed by EPG Partners S.A., in Santiago, Chile. As part of the Agreement, New World can acquire up to 40% interest in the Agua Grande gold-copper project ("Agua Grande" or "the Project") located in Region IV of Chile from Sociedad Contractual Minera Agua Grande (the "Vendor"). Highlights Inverse Polarization ("IP") and resistivity survey indicates several anomalously high zones of continuous chargeability. 3,000 met... [...]
New World announces an update on the underground exploration program at the Lipeña copper-gold project in southern Bolivia with Empresa Minera Marte S.R.L.. MARTE constructed adits and commenced underground exploration on two levels; Level 0 and Level 40, which is 40 metres above Level 0. MARTE intersected mineralization on Level 0 and expects to [...]
New World Resource announces that it has entered into a letter of intent with Sociedad Contractual Minera El Tesoro relating to the El Tesoro copper-gold project, located approximately 250 km north of Santiago and 35 km from the town of Illapel, in Region IV of Chile. Under the terms of the proposed transaction, New World will have the option to [...]
New World Resource announces that pursuant to an amended option agreement (reported October 11, 2012) the Company has received the second cash installment of US$250,000 from Empresa Minera Marte S.R.L whereby MARTE has earned 17.4% interest in the Lipeña copper-gold project in Southern Bolivia.
New World Resource has been advised by its partner, Empresa Minera Marte that an underground exploration program has commenced at the Lipeña project in southern Bolivia. MARTE has proceeded with the construction of an adit that is designed for underground mapping and drilling, and to extract bulk samples to be treated at a near-by milling [...]
New World Resource announces that it has closed its previously announced amendment to the option agreement with Empresa Minera Marte. Pursuant to the Amended Agreement, MARTE has been granted an option to acquire 37.4% of the Company's 75% interest in the Lipeña copper-gold project in southern Bolivia. At closing, the Company received US$500,000 [...]
New World Resource announces that it has further amended the terms of its option agreement with Empresa Minera Marte. Pursuant to the Amended Agreement and subject to TSX Venture Exchange approval, MARTE has an option to acquire 37.4% of the Company's 75% interest in the Lipeña copper-gold project in southern Bolivia. Under the terms of the Amended [...]
New World Resource announces that Mr. Lyle Brown, a director since 2006, has been appointed as Chairman of the Company's Audit Committee. Mr. Brown is a chartered accountant and partner in the accounting firm of Culver & Co. in Vancouver, British Columbia since 1991. Mr. Brown has served clients in a wide range of industries, and is familiar with [...]
New World Resource announces the appointment of Mr. Brian McEwen P.Geo, to the position of Chief Operating Officer of the Company effective immediately. Mr. McEwen is a professional geologist with more than 30 years of exploration and production experience in open-pit and underground mining projects and operations. His experience includes project [...]
New World Resource announces that the letter of intent dated January 19, 2012 as amended March 4, 2012 with Li3 Energy related to the proposed sale of the Company's lithium assets to Li3 has expired due to the inability of the Company and Li3 to agree on the definitive terms of the transaction. The board of directors of New World has elected not to [...]
