New World Resource announces that New World and Li3 Energy, Inc. have agreed to extend the period of exclusive negotiations in respect of the sale of the rights to New World's lithium assets to Li3 for a further 45-day period expiring April 18, 2012. All other terms of the letter of intent remain unchanged. Li3 Energy, Inc. is an exploration and [...]
New World Resource Corp. wishes to announce the last five holes of the diamond drill program at the Lipeña/Bonete copper-gold project, in southern Bolivia. These five holes total 1,445 metres and represent the final holes in the recently completed 3,954.5 metre drill program. Drill hole 11DLP065 intersects high-grade mineralization at the Lipeña [...]
New World Resource wishes to announce that it has entered into a letter of intent with Li3 Energy relating to the sale of New World's lithium assets to Li3. Under the terms of the proposed transaction, New World will transfer its lithium assets, consisting of its interests in Pastos Grandes lithium brine project located in Bolivia as well as its [...]
New World Resource wishes to announce the first seven holes of the recently completed diamond drill program at the Lipeña/Bonete copper-gold project, in southern Bolivia. These seven holes total 2,509.5 metres and cover a strike length of approximately 900 m.
New World Resource Corp. wishes to provide an update on operations currently underway at its' two flagship projects; Lipeña/Bonete copper-gold project and Pastos Grandes lithium brine project, both in Bolivia. The Company has completed approximately 3,100 metres of drilling to date in a planned 5,000 metre first phase program to expand the National [...]
New World Resource Corp. announces mid-program results from drill holes on its' 99% owned Pastos Grandes lithium brine project in southwestern Bolivia. High lithium content continues in additional drill holes. Attractively low Mg/Li ratios. Camp expansion and onsite laboratory construction completed. High lithium content continues in additional [...]
New World announces the commencement of a 10,000 metre diamond drilling program at the Lipeña-Bonete project, in Bolivia. The program is designed to extend the previously reported National Instrument 43-101 (“NI 43-101“) resource outlined within the original Lipeña property and to expand and test new targets in the encompassing Bonete property.
New World Resource Corp. announces that effective May 26, 2011, John Lando, President and Secretary, has been appointed Chief Executive Officer, President and Secretary, and Tammy Gillis, CMA, has been appointed as Chief Financial Officer. In connection with the appointment of Tammy Gillis to CFO, the Company has granted incentive stock options to [...]
New World wishes to announce the closing of the third and final tranche of its previously announced non-brokered private placement by issuing 331,140 units (the “Units“) at a price of $0.40 for gross proceeds of $132,456. The Company issued 2,320,000 Units on March 4, 2011 and 4,082,000 Units on March 11, 2011, which together with the final tranche [...]
New World is pleased to announce the closing of the first two tranches of its previously announced non-brokered private placement. Gross proceeds of $2,560,800 were raised in the first two tranches. In the first tranche of the private placement, the Company has issued 2,320,000 Units at $0.40 per Unit to institutional and private investors. Each [...]
New World Resource Corp. announces that in response to over-subscription it has increased the size of its non-brokered private placement previously announced on February 17, 2011, to consist of up to 6,825,000 units at a price of $0.40 per Unit for gross proceeds of up to $2,730,000.
