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New Gold Inc T.NGD

Alternate Symbol(s):  NGD

New Gold Inc. is a Canadian intermediate gold mining company with a portfolio of two core producing assets in Canada, namely the Rainy River gold mine and the New Afton copper-gold mine. The Company also holds other Canadian-focused investments. The Company is engaged in the acquisition, exploration and development of natural resource properties. Rainy River is a gold mine located in Northwestern Ontario, Canada, approximately 65 kilometers (km) northwest of Fort Frances, Ontario. The New Afton mine is located approximately 10 km west of Kamloops, approximately 350 km northeast of Vancouver, British Columbia, Canada.


TSX:NGD - Post by User

Bullboard Posts
Post by goldbuyeron Dec 22, 2011 5:13pm
721 Views
Post# 19347029

Positive NR for NGD's Direct Neighbor

Positive NR for NGD's Direct Neighbor

NGD's direct bordering mine, AME has has positive press, which certainly, as relates, is good news

for both NGD and AME, in that they are sharing mine boundary borders with one another .

The feasibility study is in for AME .

As NGD is opening the Afton Mine in this year coming, it sure is looking like (after AME's feasibilty study )

that the NGD and AME boundaries are established as being one major Hot Bed of geological activity

within the forseeable future, for Kamloops ( excellent ) and it's investors .

This 2nd article mentions that Ame holdings were part of the " old " ( now NGD / Afton holdings ) Afton Mine .

Interesting bit of trivia, to take note of, IMHO .

https://www.kamloopsnews.ca/article/20111221/KAMLOOPS0101/111229970/-1/kamloops/study-shows-proposed-ajax-mine-viable-despite-rising-costs

and the 2nd Kamloops paper ;

https://www.kamloopsthisweek.com/news/136015308.html

" GoldBuyer "

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Bullboard Posts