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 [...]
Newlox Gold Ventures Corp. Having completed its oversubscribed $2,779,000 financing, the Company is poised to execute its growth plans for 2021. Newlox Gold is closing the year on a positive note with its first processing plant upgraded, operating and ramping-up throughput. At full scale, the processing plant will be capable of processing 80 tonnes per day of artisanal tailings feedstock targeting over 6,500 ounces of [...]
Newlox Gold Ventures Corp. is pleased to announce that it has closed its unsecured non-brokered Convertible Debenture Financing for gross proceeds of $2,779,000. 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, with interest payable semi-annually. Principle and any accrued interest are convertible at the option of the investor at a [...]
Newlox Gold Ventures Corp. advises that 5 million warrants issued July 26th, 2020 will expire today. Of the 5 million warrants issued at that time, 150,000 have been exercised to date. The warrants issued on November 26th, 2020, will carry a legend restricting the trading of shares until March 27th, 2021. Forward-Looking Information The information in this news release may include certain information and statements about [...]
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