SOURCE: New World Gold Corporation

April 01, 2014 07:00 ET

New World Gold Corporation Increased Revenue and Profits in First Quarter

BOCA RATON, FL--(Marketwired - Apr 1, 2014) - New World Gold Corporation (PINKSHEETS: NWGC), a gold mining company with existing mining operations in Ecuador and Peru, anticipates increased revenue and profits in the first quarter of 2014. The Company has fully operational mills to process its own reserves and to complete contract milling for other miners in Ecuador and Peru. The Company's expanded operations using portable concentrators is generating greater positive results than anticipated, resulting in higher returns than projected.

The Company's project to offer revenue opportunities to individuals and companies by providing proven custom engineered mine sites for production has started with funding of $250,000.00. This project will generate cash flow for the asset partner within 60 days. A second project will start by the end of April, 2014 with an initial funding of $200,000.00. These projects will deliver revenue opportunities in the mining industry to individuals and companies who previously could not participate in the mining industry because of the huge capital costs required.

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 uncertainties. Results, events and performances could vary from those contemplated. These statements involve risks and uncertainties which may cause 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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