Newlox Gold Ventures Corp. is pleased to announce that the Company has made significant progress in the construction of its Boston Processing Facility. Since announcing the start of construction at Boston last month, Newlox Gold has acquired crushing, milling, and precious metals recovery equipment, much of which is now on the new processing plant site. Newlox designed this mill with the capability of processing 150 [...]
Newlox Gold Ventures Corp. is pleased to provide an interim update on Stage 2 research and development of the environmentally friendly Organic Aqua Regia gold leaching technology. This latest round of testing was based on strong results achieved for Stage 1 while further assessing the effects of temperature and time on the gold recovery process. The Newlox R&D team achieved very encouraging gold recoveries up to 98.77 [...]
Newlox Gold Ventures Corp. is pleased to announce that the Company has started construction at the fully permitted and fully funded Boston Project, its second environmentally and socially positive precious metals project. Newlox has designed this mill with the capability of processing 150 tonnes per day of material, grading approximately 15 grams gold per tonne. At full scale, Boston is expected to be capable of [...]
Newlox Gold Ventures Corp. is pleased to announce that the Company has achieved its highest level of productivity to date at its first environmental remediation and precious metals project. Newlox Gold raised $4 million through a private placement financing, putting the Company in a sound financial position at the beginning of the New Year. The initial application of a portion of such funds has been to commercialize its [...]
Newlox Gold Ventures Corp. is pleased to welcome Tarrnie Williams to the Company's advisory board. Tarrnie is a highly experienced executive who has served on the board of several successful public and private companies over his 50-year business career. Tarrnie's involvement in the development and commercialization of technology companies, including founding Canada's first public software company and experience as CEO of [...]
Newlox Gold Ventures Corp. is pleased to announce it has begun the process to list the Company's common shares in the United States on the OTC market. The Company's shares are now quoted on the Pink Open Market, which is the first step toward a formal listing on the OTCQB Venture Market, allowing ease of accessibility to the US investment community. A Message from Ryan Jackson, President & CEO: "The current Pink Open [...]
Newlox Gold Ventures Corp. is pleased to report that the local artisanal mining partners have begun reconditioning the Boston Mine adits in anticipation of enhanced mineral processing without the need for mercury. The reconditioning will allow increased mine output to support the commissioning of the new processing circuit, eliminating mercury use to improve environmental conditions while simultaneously boosting [...]
Newlox Gold Ventures Corp. is pleased to announce the appointment of Dr. Marcello Veiga as Chairman of Newlox Research and Development Corporation . As a global authority on artisanal and small-scale mining, Dr. Veiga brings to Newlox R&D his over 40 years of experience. He has served as a metallurgical engineer and environmental geochemist for mining and consulting companies, a professor at the Norman B. Keevil School of [...]
Newlox Gold Ventures Corp. is pleased to announce that pouring of gold at the Company's first environmentally positive processing plant in Costa Rica has recommenced. Newlox Gold poured its first gold doré for 2021, and the operations team plan to regularly pour gold for sale as operations ramp-up to full scale over the coming months. Gold production at Plant 1 was re-started following the unavoidable Covid-19 suspension [...]
Newlox Gold Ventures Corp. is pleased to announce that its affiliate Newlox Research and Development Corp. has reported excellent results from Stage 1 testing of the new Organic Aqua Regia gold leaching technology. Final analysis of results from Stage 1 testing indicates not only is a gold recovery of 94.68% achieved at ambient temperature, but also a 100% recovery is achieved at 80 degrees Celsius. The Company is [...]
Newlox Gold Ventures Corp. is pleased to provide a review of the 2020 year and an outlook for growth in 2021. Highlights of the year include: -Established Gold Production at Processing Plant 1 - Completed an Oversubscribed Operational Private Placement in June 2020 -Accelerated Expansion Plans at Fully-Permitted Boston Project -Completed Historical Geological Review of both the Boston Project and Juntas Gold Camp [...]
Newlox Gold Ventures Corp. is pleased to announce that it has closed a second and final round of its unsecured non-brokered Convertible Debenture Financing for gross proceeds of $1,221,500.00 in addition to $2,779,000.00 announced December 18, 2020 for total combined proceeds of $4,000,500. The debenture’s principal amount will become due in two years from the closing date and will carry an interest rate of 10% per annum [...]