RE: New Gold announcement today
Yes and in the press release Newgold says they are drilling 40,000 to 50,000 metres on the Blackwater project
in 2nd hald of 2011...for "Blackwaters significant exploration potential". See the press release for a summary on
the current activities for the Blackwater project. Newgold states they are targeting for an updated resource for early
2012. Newgold is really moving forward on this project as they currently have 5 drill rigs operating on the
Blackwater Project. Newgold is having a conference call and webcast at 10.00 AM today GLTA