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New World Gold Corp.
is in the process of
defining and producing
gold reserves on
existing leases, while
attempting to acquire
additional gold
reserves. The
corporate
strategy takes a
long-term
result-oriented approach
to exploration and
development in an
efficient, profitable
manner, while remaining
environmentally
responsible.
The company has two
categories of gold
reserves:
Domestic and
International.
The United States
remains one of the
world’s most important
gold producers. The
United States is the
third largest gold
producing nation behind
only China and South
Africa. America is also
a net exporter of gold.
The USGS believes that
there is $700 billion
worth of gold in the
United States that
remains undiscovered.
The
company feels that
there are huge
opportunities to acquire
small non-producing
mines that have
undiscovered reserves
waiting to be unearthed.
The company will focus
on its domestic reserves
as a priority, as they
can be brought on
production this year
(2010). The United
States is mining
friendly, has political
stability and a terrific
infrastructure. |
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