SOURCE: New World Gold Corporation

February 25, 2014 07:00 ET

New World Gold Corporation Adds Portable Concentrators to Its Operations

BOCA RATON, FL--(Marketwired - Feb 25, 2014) - New World Gold Corporation (PINKSHEETS: NWGC), a gold mining company with existing operations in Ecuador and Peru, has added portable concentrators to its operations. The concentrators are very efficient and suited for the recovery of precious metals from stamp and ball mill products, dump tailings, rubble beds and alluvial sands. The Company has developed these concentrators for small mining applications in conjunction with the flotation cells at its mills. Currently, the Company processes its own reserves, completes contract milling for independent miners without mills and runs the portable concentrators at isolated mines and mines without the funds to purchase the necessary equipment for their own concentrators.

The concentrator allows artisanal and small scale miners to upgrade their material at much higher rates than by using conventional techniques, also using cleaner and lower energy technology. The portable concentrator can also be used for exploratory or prospecting purposes -- ascertaining the mineral wealth in a particular area very rapidly. The concentrate is then delivered to the company's mills for final handling. The portable concentrator is environmentally friendly. The concentrator does not use any chemicals only water and recovers gold and silver. The equipment is easy to use, uses no mercury or cyanide, has a low power requirement, high capacity and electric/petrol drive.

The concentrator processes 2 to 3 tons of material per hour. Based on a minimum head grade of 2.5 gms of gold per ton, the concentrator in conjunction with the company's flotation cells at its mills will generate 2 Kilograms(63 oz) of gold per month per concentrator. The company will operate a minimum of 4 portable concentrator systems. It is expected that the head grade to be processed will be substantially higher than 2.5 gms per ton. The concentrator operation will contribute significant additional cash flow to the Company.

New World Gold Corporation trades in the United States on the OTC Pink under the symbol "NWGC". For further information, please contact the Company at (561)210 8496 or www.newworldgoldcorp.com or investors can find real time quotes and market information for the company on www.otcmarkets.com.

NOTE: This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 involving risks and certainties. Results, events and performances could vary from those contemplated. These statements involve risks and uncertainties which may cause actual results, expressed or implied, to differ from predicted outcomes. Risks and uncertainties include but are not limited to product demand, market competition and New World Gold's ability to meet current and future plans. Investors should study and understand all risks before making an investment decision. Readers are recommended not to place undue reliance on forward-looking statements or information. New World Gold is not obligated to publicly release revisions to any forward-looking statement, to reflect events or circumstances afterward, or to disclose unanticipated occurrences except as required under applicable law.

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