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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.