Dr. Marcello Veiga Heads up Newlox Research and Development Corporation

Dr. Marcello Veiga Heads up Newlox Research and Development Corporation

Vancouver, BC, 23 February 2021 – Newlox Gold Ventures Corp. (“Newlox” or the “Company”) (CSE: LUX | Frankfurt/Stuttgart: NGO) is pleased to announce the appointment of Dr. Marcello Veiga as Chairman of Newlox Research and Development Corporation (“Newlox R&D”).

Newlox Gold Ventures Corp. – Growth Report

Newlox Gold Ventures Corp. – Growth Report

February 17, 2021, Newlox could potentially realize annual after tax income of $20.8 million ($0.11 per fully diluted share) from Oro Roca and the Boston project if they produce as planned. The company has said that it will outline a third project by Q2 2021. The capital costs of these projects are modest, and the artisanal miners benefit from higher gold recoveries and higher income from their operation.