Newlox Gold Files a NI 43-101 Technical Report
Vancouver, BC, January 21, 2016 – Newlox Gold Ventures Corp. (“Newlox” or the “Company”) (CSE: LUX) reports that it has filed a technical report prepared under National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101″) prepared by Stewart A Jackson, PhD, P. Geo. (Ontario), James A Turner, P.Geo. (BC), and Rolando Pereira Molina, PH.D. MSc, dated December 9, 2015 and titled “NATIONAL INSTRUMENT 43-101 REPORT Newlox Gold Ventures Inc. ENVIRONMENTAL RECLAMATION GOLD PROJECT Las Juntas, Costa Rica” (the “Technical Report”). The Technical Report is available on SEDAR (www.sedar.com).
About Newlox Gold Ventures Corp.
Newlox Gold Ventures Corp., CSE (LUX), Frankfurt (NGO), is an environmentally and socially responsible company pursuing precious metals and environmental reclamation related business opportunities in Latin America. The Company is working in collaboration with the Norman B. Keevil Institute of Mining Engineering at the University of British Columbia and with its experienced team in Central America has established a waste remediation and gold recovery operation.
Newlox, through its wholly owned subsidiary, Oro Roca SA is applying innovative processing technologies to historical tailings to achieve precious metals extraction and soil remediation. Newlox does not own any properties and does not have reserves or resources. It is not an exploration or mining company. It provides a valuable service to local stakeholders where there exist a large number of historical waste dumps (tailings), which pose social and environmental risks. Newlox is addressing this problem by reprocessing these materials to recover remaining values of minerals and clean up the environment.
The longer-term objective of Newlox Gold Ventures Corp. is to establish a dividend paying enterprise, which will allow its shareholders to participate in equity value growth, share in profits, and contribute to environmental cleanup while setting a high standard of social responsibility.
James Miller-Tait P.Geo and Director of the Company is the Qualified Person for the Company and has reviewed the contents of the News Release.
Neither Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release).
On Behalf of the Board, Newlox Gold Ventures Corp.
Statements in this news release may be viewed as forward-looking statements. Such statements involve risks and uncertainties that could cause actual results to differ materially from those projected. There are no assurances the company can fulfill such forward-looking statements and the company undertakes no obligation to update such statements. Such forward-looking statements are only predictions; actual events or results may differ materially as a result of risks facing the company, some of which are beyond the company’s control. The Company is not a mining or mineral exploration company and therefore holds no Resources or Reserves as defined by NI 43-101 or any mineral exploration or exploitation properties. The Company is a technology and trading company developing processes for economically viable waste remediation and therefore makes no claims in regard to tonnage or grade of feed material.
For a PDF file of this news release, click here.