Newlox Gold Appoints Prof. Giorgio de Tomi to Lead Brazil Initiative
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Vancouver, BC – TheNewswire – 24 June 2021 – Newlox Gold Ventures Corp. (“Newlox” or the “Company”) (CSE: LUX ) ( Frankfurt/Stuttgart: NGO ) | PINK (OTC : NWLXF ) (CNSX:LUX.CN) welcomes Professor Giorgio de Tomi, Ph.D., CEng, FIMMM to the Newlox Gold team. Professor de Tomi will head up Newlox’s Brazilian division to undertake market research and development, including the assessment of projects for Newlox Gold.
Newlox announced on June 16 th , 2021 , that the Company had entered the Brazilian market to develop future ESG-focused precious metals projects in partnership with local artisanal mining groups. This continues Newlox Gold’s growth through an ESG-centered partner mining model to provide environmental and social benefits to all stakeholders while supporting economic development in traditional artisanal mining communities.
Dr. de Tomi has over 30 years of experience in the resource sector and has a degree in mining engineering from the University of Sao Paulo, a Ph.D. from the Imperial College, London, and an MSc from Southern Illinois University, USA. He leads the Centre for Responsible Mining, at the University of São Paulo (USP) in Brazil, as an associate professor and former Head of the Department of Mining and Petroleum Engineering .
Dr. De Tomi is a Fellow of The Institute of Materials, Minerals & Mining (FIMMM, UK), Chartered Engineer CEng (Engineering Council, UK). He is a member of SME (USA) and acts as mining QP and CP for numerous mining enterprises worldwide. Currently, he is a member of the Technical Board of CBBR (Brazilian Commission for Mineral Resources and Reserves), a member of the Executive Board of EMBRAPII’s Unit Tecnogreen, a Research Scholar with FAPESP and CNPq (Brazil) and a member of the Editorial Board of the Mining Technology journal and the Brazil Mineral journal (Please see the link here to Dr. De Tomi’s professional biography: https://bit.ly/3qd93PQ ).
The Company, with the guidance of Dr. De Tomi and the support of NAP.Mineração/USP , has identified two highly prospective areas suitable for the deployment of Newlox Gold’s ESG-focused precious metals processing plants. The projects represent a significant opportunity to the Company and are currently in due diligence.
A Message from Ryan Jackson, President & CEO:
“We are delighted to welcome Professor Giorgio de Tomi to the Newlox team and are looking forward to deploying the Company’s environmentally and socially positive resource development model to Brazil. We are fortunate to have the knowledge and experience of Dr. de Tomi to guide our Brazilian initiative.
The Company has established a close connection with Brazil over many years through its Chief Technical Advisor Dr. Marcello Veiga, who has worked closely with Newlox Gold since 2014 and now heads up the Company’s research and development division . Through our relationship with Dr. Veiga, the Company has been developed a team focused on identifying and assessing expansion opportunities in Latin America, with Brazil at the heart of the endeavour.
We are excited to see Newlox Gold begin its growth program in 2021 and believe that an ambitious expansion in Brazil will be a significant milestone in the Company’s growth strategy. The Brazilian mining industry is several orders of magnitude larger than what is found in Costa Rica, with over 250,000 known artisanal miners operating in the Amazonia region alone.
Dr. De Tomi is currently conducting a World Bank sponsored program in this area to design programs to reduce the social and environmental impact of the artisanal mining sector. Newlox Gold’s partner mining model could play a significant role in the effort.
Newlox Gold has established a beachhead in Brazil through its partnership with Dr. De Tomi and NAP.Mineração/USP. We are eager to initiate the Company’s expansion program beyond Costa Rica and look forward to updating shareholders as we make progress assessing the multiple opportunities available to the Company.”
A Message from Professor Giorgio de Tomi, PhD, CEng, FIMMM:
“It is very encouraging to see Newlox Gold interested in the development of an ASM (artisanal and small scale) mining business in Brazil. Newlox Gold will create partnerships focused on sustainable development that will connect responsible mining with the needs of local communities, generating a framework for economic growth and regional integration.”
- Published in Mining, Newlox Gold, News Home
Newlox Establishes Brazilian ESG Gold Initiative
Newlox Gold Ventures Corp. (“Newlox” or the “Company”) (C NSX : LUX . CN) ( Frankfurt/Stuttgart: NGO ) (OTC : NWLXF ) is pleased to announce that in accordance with its long-standing objective, the Com pany has entered the Brazilian market, where it intends to develop precious metals projects in partnership with local artisanal miners, focussing on environmental, social, and corporate governance (ESG).
Newlox Gold is working in partnership with NAP.Mineração/USP , the centre for small-scale responsible mining at the University of São Paulo, Brazil. The partnership will support sustainable development within the vast Brazilian artisanal mining sector and support research, training, and education while fostering responsible management of mine development and governance.
T he research team engages and collaborates closely with both artisanal mining cooperatives and associations as well as conventional mining companies. Additionally, on a broader front, NAP.Mineração maintains artisanal mining-related collaborations with national and international institutions such as research agencies, mining cooperatives, universities, and government agencies.
Newlox Gold, with the support of NAP.Mineração/USP, has already identified two highly prospective areas suitable for the deployment of Newlox Gold ESG-focused precious metals processing plants. These projects are currently in due diligence, and further details will follow.
The Company is also pleased to advise that its Costa Rican operations continue to advance . Plant One, the remediation facility , is undergoing a modification to its processing circuit to increase throughput substantially, while Plant Two, the Boston partnership, is advancing construction according to plan.
A Message from Ryan Jackson, President & CEO:
“The Company has established a close connection with Brazil over many years through its Chief Technical Advisor, Dr. Marcello Veiga , who has worked closely with Newlox since 2014 and who now head s up the Company’s research and development division . Through our relationship with Dr. Veiga, the Company has assembled a team focused on identifying and assessing expansion opportunities in Latin America, with Brazil at the heart of this endeavour.
Newlox Gold has established a beachhead in Brazil through its partnership with NAP.Mineração/USP. We are excited to initiate the Company’s expansion program beyond Costa Rica and look forward to updating shareholders as we continue assessing the multiple opportunities available to the Company.”
- Published in Mining, Newlox Gold, News Home
Newlox Gold Advances Boston Construction
Newlox Gold Ventures Corp. (“Newlox” or the “Company”) (CSE: LUX | Frankfurt/Stuttgart: NGO | OTC : NWLXF ) is pleased to announce that the Com pany has made significant progress in the construction of its Boston Processing Facility (Plant 2) . 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 tonnes per day of mineralized material grading approximately 15 grams gold per tonne. At full scale, Boston is expected to be capable of recovering approximately 20,000 ounces of gold per year, as well as a significant quantity of silver.
Construction at Boston is proceeding according to plan with completion anticipated within approximately tw o months. This phase will be followed by commissioning, testing, and commercialization. Newlox Gold is undertaking an expedited construction and commissioning schedule at Plant 2, which is made possible by its fully-permitted status and its proximity to the artisanal mining operations, as well as the experience of Newlox Gold’s engineering and fabrication team.
Boston is built upon a wealth of historical exploration and mining data . Newlox’s operations team has worked closely with the Company’s local mining partners in both planning and development work, facilitating the expedited start of construction . As part of this process, the local groups are actively reconditioning the Boston Mine adits (tunnels) in anticipation of enhanced mineral processing without the need for mercury. The refurbishing of the Boston Mine is part of a greater effort by local artisanal mining groups to improve productivity through collaboration with Newlox Gold.
This partner mining approach creates a coexistence model for artis anal mining, seeking to uplift local miners by providing access to modern and efficient processing technologies while maintaining cultural and economic traditions. Partner mining will not only improve local economic conditions but will also notably remove the unhealthy legacy of mercury-based processing techniques, which result in both negative human and environmental consequences.
As previously announced Newlox secured a net revenue-sharing agreement with an established artisanal mining syndicate with which management has a multi-year association. Net revenues after all production costs will be split 50/50 between the miners and Newlox. Newlox will have zero mining costs as a result of this arrangement. The Company expects the Boston Project to contribute significantly to Newlox’s near-term growth. By selecting small-scale projects with low capital requirements and expedited development timelines, the Company plans to grow aggressively in Latin America to encompass multiple projects. Boston will become a model for the artisanal mining sector.
A Message from Ryan Jackson, President & CEO:
“We are delighted to report that construction at the Boston Project is proceeding according to plan. The project will provide local mining groups with access to modern mineral processing technology. It will empower local miners to enhance their economic, social, and environmental circumstances while advancing our Company’s growth strategy.
Newlox Gold has raised sufficient capital to fund its 2021 initiatives and remains on a solid footing to achieve its goals. This year will be a monumental one for Newlox Gold. We are completing the ramp-up of operations at the first processing plant as well as establishing our vision for organic growth through the deployment of additional artisanal mining focused facilities.”
Forward-Looking Information
The information in this news release includes certain information and statements about management’s view of future events, expectations, plans and prospects that constitute forward-looking information. Forward-looking information includes, but is not limited to, the completion of the work programs currently underway and the results of these programs. These statements are based upon assumptions that are subject to significant risks and uncertainties. Because of these risks and uncertainties and as a result of a variety of factors, the actual results, achievements, or performance may vary materially from those anticipated and indicated by these forward-looking statements. The material risk factors that could cause actual results to differ include the risk that work undertaken by the Company may have unintended effects, the risk of delays in completing work, and the risk that the Company may not be able to raise sufficient funds and Force Majeure. Although the Company believes that the expectations reflected in the forward-looking information are reasonable, it can give no assurances that the expectations of any forward-looking information will prove to be correct. Except as required by law, the Company disclaims any intention and assumes no obligation to update or revise any forward-looking information to reflect actual results, whether as a result of new information, future events, changes in assumptions, changes in factors affecting such forward-looking statements or otherwise. Neither Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accept responsibility for the adequacy or accuracy of this release).
Technical Disclaimer
The Company advises it is not basing any decision to produce on a feasibility study of reserves demonstrating the economic and technical viability of the project and also advises there is increased uncertainty and specific economic and technical risks of failure associated with any production decision. Stewart A. Jackson, Ph.D., P.Geo., a “Qualified Person” within the meaning of National Instrument 43-101, has prepared, supervised the preparation of, and approved the contents of this News Release.
On Behalf of the Board, Newlox Gold Ventures Corp.
Contact Newlox Gold
Ryan Jackson
Newlox Gold Ventures Corp., President
Website: www.newloxgold.com
Email: ryan@newloxgold.com
Phone: +1 778 738 0546
- Published in Mining, Newlox Gold, News Home
Newlox Gold: Organic Aqua Regia Testing Delivers Excellent Results
Newlox Gold Ventures Corp. (“Newlox” or the “Company”) (C NSX : LUX . CN) ( Frankfurt/Stuttgart: NGO ) (OTC : NWLXF ) is pleased to provide an interim update on Stage 2 research and development of the environmentally friendly Organic Aqua Regia (OAR) 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% during these most recent tests.
The Company is investigating the use of Organic Aqua Regia (OAR) technology as a non-toxic and water-free alternative to cyanidation for the recovery of gold, silver, and other precious metals. The multiple outstanding advantages of OAR include that it is non-toxic, is recyclable, extracts gold faster than cyanide, does not use water, and requires neither carbon nor electrowinning.
The first stage testing established that 94.68% gold dissolution is possible at ambient temperature, with nearly 100% recovery possible at 80 degrees Celsius. Stage 2 included analyses at various temperatures and diverse reaction times. This testing is essential for future economic calculations, which will weigh the reaction speed and overall efficiency against the cost of heating, to determine whether commercial units should operate at ambient temperature or with supplemental heating.
Additionally, because Newlox Gold’s current operations are in Central America, the Company may benefit from the effects of natural higher ambient temperatures than were experienced in the laboratory in British Columbia, Canada.
Testing samples of artisanal tailings feedstock, collected at the Newlox Gold artisanal tailings remediation and precious metals recovery project in Costa Rica, indicated that approximately 95% gold dissolution is possible in 8 hours at ambient Costa Rica temperatures. These results were a significant improvement over Stage 1 testing when similar recoveries were achieved with a 24-hour reaction time.
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Figure 1. Gold Recovery at 50 Degrees Celsius
Recent tests reinforce data from Stage 1 showing that, while increased temperature does expedite reaction speed and overall recovery, levels of over 90% recovery can be achieved at ambient temperature. Heating is thus likely not necessary in a commercial setting.
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Figure 2. Effect of Temperature on Gold Recovery in 8 Hours
Stage 2 testing is also investigating the total amount of gold that can be held in solution by a given volume of OAR reagent. This is important since the volume of reagent needed to treat each tonne of feedstock will impact the scale and cost of future processing plants. This testing phase is currently underway using concentrated samples of feedstock collected from the first Newlox Gold project in Central America.
A Message from Ryan Jackson, President & CEO:
“We are delighted with the results from Stage 2 OAR testing by our Newlox R&D team. These results build on the extraordinarily positive findings of Stage 1. We look forward to furthering success as we continue testing this spring. With continued good results from the lab, we anticipate the commencement of in-field OAR testing this summer.
OAR leaching promises to become a paradigm-shifting technology applicable not only to the US$180 billion formal global gold mining industry but also as a method to bring the US$27 billion informal gold mining industry into the 21st century.”
Forward-Looking Information
The information in this news release includes certain information and statements about management’s view of future events, expectations, plans and prospects that constitute forward-looking information. Forward-looking information includes, but is not limited to, the completion of the work programs currently underway and the results of these programs. These statements are based upon assumptions that are subject to significant risks and uncertainties. Because of these risks and uncertainties and as a result of a variety of factors, the actual results, achievements, or performance may vary materially from those anticipated and indicated by these forward-looking statements. The material risk factors that could cause actual results to differ include the risk that work undertaken by the Company may have unintended effects, the risk of delays in completing work, and the risk that the Company may not be able to raise sufficient funds and Force Majeure. Although the Company believes that the expectations reflected in the forward-looking information are reasonable, it can give no assurances that the expectations of any forward-looking information will prove to be correct. Except as required by law, the Company disclaims any intention and assumes no obligation to update or revise any forward-looking information to reflect actual results, whether as a result of new information, future events, changes in assumptions, changes in factors affecting such forward-looking statements or otherwise. Neither Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accept responsibility for the adequacy or accuracy of this release).
Technical Disclaimer
The Company advises it is not basing any decision to produce on a feasibility study of reserves demonstrating the economic and technical viability of the project and also advises there is increased uncertainty and specific economic and technical risks of failure associated with any production decision. Stewart A. Jackson, Ph.D., P.Geo., a “Qualified Person” within the meaning of National Instrument 43-101, has prepared, supervised the preparation of, and approved the contents of this News Release.
On Behalf of the Board, Newlox Gold Ventures Corp.
Contact Newlox Gold
Ryan Jackson
Newlox Gold Ventures Corp., President
Website: www.newloxgold.com
Email: ryan@newloxgold.com
Phone: +1 778 738 0546
- Published in Newlox Gold, News Home
Newlox Gold Starts Construction at Plant 2
Newlox Gold Ventures Corp. (“Newlox” or the “Company”) (C NSX : LUX . CN) ( Frankfurt/Stuttgart: NGO ) (OTC : NWLXF ) is pleased to announce that the Com pany 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 recovering approximately 20,000 ounces of gold per year as well as a significant quantity of silver.
The construction timeline is projected at three months to be followed by commissioning, testing, and commercialization. Such an expedited construction and commissioning schedule at Plant 2 is the result of both the fully permitted status, and its proximity to the artisanal mining operations, in addition to Newlox Gold’s unique expansion strategy . The Boston operations team will provide advisory, engineering, and support to the local miners to ensure efficient gold and silver recovery using environmentally positive technology free of mercury.
Earthmoving and construction work is already underway at Project 2 and is progressing satisfactorily. Because of its location, adjacent to the Company’s first processing plant, this project benefits from significant shared infrastructure. Management looks forward to an expedited construction timeline and will regularly update shareholders.
Boston brings with it a wealth of historical exploration and mining data . Newlox’s operations team has worked closely with the Company’s local mining partners in both planning and development work in anticipation of the commencement of construction.
This partner mining approach creates a coexistence model for artis anal mining, seeking to uplift local miners by providing access to modern and efficient processing technologies. Partner mining will improve local economic conditions while, notably, removing the common legacy of mercury-based processing technologies, which result in negative human and environmental consequences.
Newlox previously announced securing a net revenue-sharing agreement with an established artisanal mining syndicate with which management has a multi-year association. Net revenues after all production costs will be split 50/50 between the miners and Newlox. The Company expects the Boston Project to significantly contribute to Newlox’s near-term growth. By targeting small-scale projects with low capital requirements and expedited development timelines, the Company plans to grow rapidly in Latin America to encompass multiple projects. Boston will be a model for the artisanal mining sector.
A Message from Ryan Jackson, President & CEO:
“Precious metals are an integral part of local heritage and traditions and continue to be mined today for both economic and cultural reasons. Now, for the first time since the ancient introduction of the mercury amalgamation process, artisanal gold and silver will be recovered without the use of mercury and its associated environmental damage. We are honoured to have been invited to partner with the local mining groups in the Juntas Gold Camp and are looking forward to strengthening our associations through this new cooperative venture.
Project 2, Boston, will significantly contribute to the local economy’s sustainable development while solving a decades-old environmental and social dilemma for all local stakeholders’ benefit. The project not only supplements production at Newlox’s first processing plant but also constitutes a decisive second step in Newlox’s plan to build a portfolio of environmentally positive gold projects throughout Central and South America.”
Forward-Looking Information
The information in this news release includes certain information and statements about management’s view of future events, expectations, plans and prospects that constitute forward-looking information. Forward-looking information includes, but is not limited to, the completion of the work programs currently underway and the results of these programs. These statements are based upon assumptions that are subject to significant risks and uncertainties. Because of these risks and uncertainties and as a result of a variety of factors, the actual results, achievements, or performance may vary materially from those anticipated and indicated by these forward-looking statements. The material risk factors that could cause actual results to differ include the risk that work undertaken by the Company may have unintended effects, the risk of delays in completing work, and the risk that the Company may not be able to raise sufficient funds and Force Majeure. Although the Company believes that the expectations reflected in the forward-looking information are reasonable, it can give no assurances that the expectations of any forward-looking information will prove to be correct. Except as required by law, the Company disclaims any intention and assumes no obligation to update or revise any forward-looking information to reflect actual results, whether as a result of new information, future events, changes in assumptions, changes in factors affecting such forward-looking statements or otherwise. Neither Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accept responsibility for the adequacy or accuracy of this release).
Technical Disclaimer
The Company advises it is not basing any decision to produce on a feasibility study of reserves demonstrating the economic and technical viability of the project and also advises there is increased uncertainty and specific economic and technical risks of failure associated with any production decision. Stewart A. Jackson, Ph.D., P.Geo., a “Qualified Person” within the meaning of National Instrument 43-101, has prepared, supervised the preparation of, and approved the contents of this News Release.
On Behalf of the Board, Newlox Gold Ventures Corp.
Contact Newlox Gold
Ryan Jackson
Newlox Gold Ventures Corp., President
Website: www.newloxgold.com
Email: ryan@newloxgold.com
Phone: +1 778 738 0546
- Published in Mining, Newlox Gold, News Home
Newlox Gold Achieves Best Productivity to Date
Newlox Gold Ventures Corp. (“Newlox” or the “Company”) (C NSX : LUX . CN ) ( Frankfurt/Stuttgart: NGO ) (OTC : NWLXF ) 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 first environmental remediation facility – Project 1.
The Company previously reported precious metal recovery and sales revenue in its financial statements; however, those figures were derived from metals produced during the development and testing stages. In early 2021 Newlox Gold transitioned to commercial operation, with productivity increasing according to plan. This plant is projected to process 80 tonnes per day of tailings feedstock at full-scale operation to yield approximately 6,500 ounces of gold per year.
Management plans to commission Plant 2 in the second quarter of 2021 to attain full-scale operations by year-end. Plant 2 at full scale will process 150 tonnes per day of feedstock to yield 20, 000 ounces of gold per year. Development work is advancing according to plan, and management will provide further details on construction shortly .
The Newlox team will continue to inform shareholders and interested parties of overall corporate and business matters, including expansion plans. Newlox Gold will be reporting earnings as part of its quarterly statements as steady-state operations are achieved. Management looks forward to delivering a robust growth curve, starting with the current commercialization of Project 1, and continuing through and beyond the commissioning and ramp-up of operations at Project 2.
A Message from Ryan Jackson, President & CEO:
“We are delighted to report that Newlox Gold’s first environmental remediation and precious metals recovery plant has attained its highest level of productivity to-date. We wish to acknowledge the diligent efforts of our operations team in bringing the Company to this milestone.
While current market conditions show some weakness, we believe that Newlox benefits from a core group of highly supportive shareholders who have great conviction over the long term. Although the gold price is down, it is significantly above the levels applied in our economic models and remains far above our requirements to grow the business.
We are at an early stage in advancing our growth strategy, and we are looking forward to delivering quarter-after-quarter of growth not only from Project 1, but also from the upcoming Project 2, and further from a robust pipeline of expansion opportunities currently in due diligence.”
Forward-Looking Information
The information in this news release includes certain information and statements about management’s view of future events, expectations, plans and prospects that constitute forward-looking information. Forward-looking information includes, but is not limited to, the completion of the work programs currently underway and the results of these programs. These statements are based upon assumptions that are subject to significant risks and uncertainties. Because of these risks and uncertainties and as a result of a variety of factors, the actual results, achievements, or performance may vary materially from those anticipated and indicated by these forward-looking statements. The material risk factors that could cause actual results to differ include the risk that work undertaken by the Company may have unintended effects, the risk of delays in completing work, and the risk that the Company may not be able to raise sufficient funds and Force Majeure. Although the Company believes that the expectations reflected in the forward-looking information are reasonable, it can give no assurances that the expectations of any forward-looking information will prove to be correct. Except as required by law, the Company disclaims any intention and assumes no obligation to update or revise any forward-looking information to reflect actual results, whether as a result of new information, future events, changes in assumptions, changes in factors affecting such forward-looking statements or otherwise. Neither Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accept responsibility for the adequacy or accuracy of this release).
Technical Disclaimer
The Company advises it is not basing any decision to produce on a feasibility study of reserves demonstrating the economic and technical viability of the project and also advises there is increased uncertainty and specific economic and technical risks of failure associated with any production decision. Stewart A. Jackson, Ph.D., P.Geo., a “Qualified Person” within the meaning of National Instrument 43-101, has prepared, supervised the preparation of, and approved the contents of this News Release.
On Behalf of the Board, Newlox Gold Ventures Corp.
Contact Newlox Gold
Ryan Jackson
Newlox Gold Ventures Corp., President
Website: www.newloxgold.com
Email: ryan@newloxgold.com
Phone: +1 778 738 0546
Register for Newlox’s Biweekly New Investor Conference Call
- Published in Mining, Newlox Gold, News Home
Newlox Gold Welcomes Tarrnie Williams to the Advisory Board
Vancouver, BC – TheNewswire – 1 8 March 2021 – Newlox Gold Ventures Corp. (“Newlox” or the “Company”) (C NSX : LUX . CN) ( Frankfurt/Stuttgart: NGO ) ( OTC : NWLXF ) 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 Electronic Arts Canada, will be instrumental in developing Newlox’s emerging green mining technology division.
Tarrnie holds a B.Sc. in Mathematics (U of Alberta) and has been a Director of several public, private, and not-for-profit organizations, including having served as Chairman, President and Audit Chair of several public companies over his long and varied career. Tarrnie has had significant hands-on experience in project management, mergers, acquisitions, divestitures, restructurings, private and public placements of equity and debt, and IPO transactions and served for ten years as an Adjunct Professor at the Sauder School of Business, University of British Columbia.
Presently, Tarrnie holds the position of Executive Chairman of Kidoz Inc. (TSXV: KIDZ ); a kid-tech software developer and owner of the KIDOZ Safe Ad Network reaching over 300 million children monthly through a curated online experience. Tarrnie’s position at Kidoz is a continuation of his illustrious career in the technology sector, and we are excited for him to bring his experience and enthusiasm to Newlox Gold.
A Message from Ryan Jackson, President & CEO:
“We are pleased to welcome Tarrnie Williams to Newlox Gold’s advisory board. Tarrnie is a strong supporter of Newlox Gold and has already offered valuable advice to the Company drawn from his wealth of experience. Tarrnie is best known for his successful ventures in the tech industry, resulting in his recognition as the “God Father of Video Games” in Canada by DigiBC with their Lifetime Achievement Award . Tarrnie has led or mentored multiple business ventures, including companies in the resource sector in the past. The combination of his ability to advance technology companies with his knowledge and passion for the resource industry is a significant asset to Newlox Gold.”
Forward-Looking Information
The information in this news release includes certain information and statements about management’s view of future events, expectations, plans and prospects that constitute forward-looking information. Forward-looking information includes, but is not limited to, the completion of the work programs currently underway and the results of these programs. These statements are based upon assumptions that are subject to significant risks and uncertainties. Because of these risks and uncertainties and as a result of a variety of factors, the actual results, achievements, or performance may vary materially from those anticipated and indicated by these forward-looking statements. The material risk factors that could cause actual results to differ include the risk that work undertaken by the Company may have unintended effects, the risk of delays in completing work, and the risk that the Company may not be able to raise sufficient funds and Force Majeure. Although the Company believes that the expectations reflected in the forward-looking information are reasonable, it can give no assurances that the expectations of any forward-looking information will prove to be correct. Except as required by law, the Company disclaims any intention and assumes no obligation to update or revise any forward-looking information to reflect actual results, whether as a result of new information, future events, changes in assumptions, changes in factors affecting such forward-looking statements or otherwise. Neither Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accept responsibility for the adequacy or accuracy of this release).
Technical Disclaimer
The Company advises it is not basing any decision to produce on a feasibility study of reserves demonstrating the economic and technical viability of the project and also advises there is increased uncertainty and specific economic and technical risks of failure associated with any production decision. Stewart A. Jackson, Ph.D., P.Geo., a “Qualified Person” within the meaning of National Instrument 43-101, has prepared, supervised the preparation of, and approved the contents of this News Release.
On Behalf of the Board, Newlox Gold Ventures Corp.
Contact Newlox Gold
Ryan Jackson
Newlox Gold Ventures Corp., President
Website: www.newloxgold.com
Email: ryan@newloxgold.com
Phone: +1 778 738 0546
- Published in Mining, Newlox Gold, News Home
Newlox Gold Pursues US Listing
Vancouver, BC – TheNewswire – 9 March 2021 – Newlox Gold Ventures Corp. (“Newlox” or the “Company”) (C NSX : LUX . CN) ( Frankfurt/Stuttgart: NGO ) (OTC : NWLXF ) 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 Market quote and upcoming OTCQB listing are benchmarks in Newlox Gold’s strategy, which will provide greater awareness of our Company’s growing socially and environmentally positive precious metals production business and technologies .
Recent interest by US retail investors and increased market performance justifies expansion by Newlox into US markets. We look forward to developing relationships with US investors and anticipate a favourable reception of our environmentally and socially positive approach to producing precious metals.”
About Newlox Gold
Newlox has established itself in a niche within the extractive industry where a clean-technology company can apply innovative processing techniques to recover precious metals and affect positive change in the environmental and social landscape in its targeted jurisdictions of operations.
Forward-Looking Information
The information in this news release includes certain information and statements about management’s view of future events, expectations, plans and prospects that constitute forward-looking information. Forward-looking information includes, but is not limited to, the completion of the work programs currently underway and the results of these programs. These statements are based upon assumptions that are subject to significant risks and uncertainties. Because of these risks and uncertainties and as a result of a variety of factors, the actual results, achievements, or performance may vary materially from those anticipated and indicated by these forward-looking statements. The material risk factors that could cause actual results to differ include the risk that work undertaken by the Company may have unintended effects, the risk of delays in completing work, and the risk that the Company may not be able to raise sufficient funds and Force Majeure. Although the Company believes that the expectations reflected in the forward-looking information are reasonable, it can give no assurances that the expectations of any forward-looking information will prove to be correct. Except as required by law, the Company disclaims any intention and assumes no obligation to update or revise any forward-looking information to reflect actual results, whether as a result of new information, future events, changes in assumptions, changes in factors affecting such forward-looking statements or otherwise. Neither Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accept responsibility for the adequacy or accuracy of this release).
Technical Disclaimer
The Company advises it is not basing any decision to produce on a feasibility study of reserves demonstrating the economic and technical viability of the project and also advises there is increased uncertainty and specific economic and technical risks of failure associated with any production decision. Stewart A. Jackson, Ph.D., P.Geo., a “Qualified Person” within the meaning of National Instrument 43-101, has prepared, supervised the preparation of, and approved the contents of this News Release.
On Behalf of the Board, Newlox Gold Ventures Corp.
Contact Newlox Gold
Ryan Jackson
Newlox Gold Ventures Corp., President
Website: www.newloxgold.com
Email: ryan@newloxgold.com
Phone: +1 778 738 0546
- Published in Mining, Newlox Gold, News Home
Newlox Gold’s Local Partners Prepare For Mercury-Free Gold and Silver Production
Figure 1. Company Staff Visit the Recently Reconditioned Local Mine Portals
Vancouver, BC – TheNewswire – 3 March 2021 – Newlox Gold Ventures Corp. (“Newlox” or the “Company”) (C NSX : LUX . CN) ( Frankfurt/Stuttgart: NGO ) is pleased to report that the local artisanal mining partners have begun reconditioning the Boston Mine adits (tunnels) 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 efficiency.
Local miners have operated informal and formal mines continuously in the Central Gold Belt of Costa Rica and the area of the Boston Mine since the early 1900s, while traditional pre-industrial mining and goldsmithing history in the area dates to 400-500 AD . Precious metals production and smithing are an integral part of local groups’ heritage and traditions and continue to be practiced today for both economic and cultural reasons. Now, for the first time since the introduction of the mercury amalgamation process, artisanal gold and silver production will be achieved with zero use of mercury and its associated environmental damage.
As an expansion to the Newlox artisanal tailings remediation and precious metals recovery project, the Company is implementing a new partner-mining project in association with local stakeholders. The local partners continue to exploit their gold veins while the Company will provide advisory, engineering, and processing support to achieve efficient gold and silver recovery using environmentally positive technology. Both the Company and local stakeholders are keen to advance this project’s development and anticipate that it will provide economic, social, and environmental benefits to all parties.
Newlox management were welcomed to the Boston Mine, which has been in continuous operation for decades and is currently being refurbished in anticipation of supplying raw feedstock to the Boston Processing Plant. This processing plant is fully permitted and is at an advanced stage development, with commissioning expected in the second quarter of this year.
At full scale, the Boston Plant is expected to process 150 tonnes per day of feedstock at a grade of +-15 grams per tonne gold with a significant silver component. Net revenues after all production costs will be split 50/50 between the miners and Newlox. The Company expects the Boston Project to contribute to Newlox’s near-term growth significantly.
A Message from Ryan Jackson, President & CEO:
“We are delighted to see our local partners refurbishing and upgrading their mines in anticipation of the commissioning of the new processing facility. Mining and precious metals are an integral component of the local population’s economy, culture, and history in Central America. We are honoured to be invited to assist in the sustainable development of the local economy.
Although artisanal mining has a long and rich history in this area, traditional metal extraction methods have had harmful environmental consequences. By providing access for local mining groups to modern mineral processing technology, Newlox will empower local miners to enhance their economic, social, and environmental circumstances while advancing our Company’s growth strategy.”
About Newlox Gold
Newlox has identified a niche within the extractive industry where a clean-technology company can apply innovative processing techniques to not only recover precious metals but also affect positive change in the environmental and social landscape of its targeted jurisdictions of operations.
Forward-Looking Information
The information in this news release includes certain information and statements about management’s view of future events, expectations, plans and prospects that constitute forward-looking information. Forward-looking information includes, but is not limited to, the completion of the work programs currently underway and the results of these programs. These statements are based upon assumptions that are subject to significant risks and uncertainties. Because of these risks and uncertainties and as a result of a variety of factors, the actual results, achievements, or performance may vary materially from those anticipated and indicated by these forward-looking statements. The material risk factors that could cause actual results to differ include the risk that work undertaken by the Company may have unintended effects, the risk of delays in completing work, and the risk that the Company may not be able to raise sufficient funds and Force Majeure. Although the Company believes that the expectations reflected in the forward-looking information are reasonable, it can give no assurances that the expectations of any forward-looking information will prove to be correct. Except as required by law, the Company disclaims any intention and assumes no obligation to update or revise any forward-looking information to reflect actual results, whether as a result of new information, future events, changes in assumptions, changes in factors affecting such forward-looking statements or otherwise. Neither Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accept responsibility for the adequacy or accuracy of this release).
Technical Disclaimer
The Company advises it is not basing any decision to produce on a feasibility study of reserves demonstrating the economic and technical viability of the project and also advises there is increased uncertainty and specific economic and technical risks of failure associated with any production decision. Stewart A. Jackson, Ph.D., P.Geo., a “Qualified Person” within the meaning of National Instrument 43-101, has prepared, supervised the preparation of, and approved the contents of this News Release.
On Behalf of the Board, Newlox Gold Ventures Corp.
Contact Newlox Gold
Ryan Jackson
Newlox Gold Ventures Corp., President
Website: www.newloxgold.com
Email: ryan@newloxgold.com
Phone: +1 778 738 0546
- Published in Mining, Newlox Gold, News Home
Dr. Marcello Veiga Heads up Newlox Research and Development Corporation
Figure 1. Dr. Marcello Veiga Inspecting Samples
Vancouver, BC – TheNewswire – 23 February 2021 – Newlox Gold Ventures Corp. (“Newlox” or the “Company”) (CSE: LUX ) | (CNSX:LUX.CN) | ( Frankfurt/Stuttgart: NGO ) is pleased to announce the appointment of Dr. Marcello Veiga as Chairman of Newlox Research and Development Corporation (“Newlox R&D”).
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 Mining Engineering at the University of British Columbia, and as the Chief Technical Advisor of the GEF/UNDP/UNIDO Global Mercury Project for UNIDO – United Nations Industrial Development Organization, in Vienna.
Dr. Veiga’s primary interest has been developing technical and strategic approaches to improve the economic, social, and environmental conditions of the millions of artisanal miners producing gold worldwide for the benefit of all stakeholders ( read more ).
Dr. Veiga has held the position of Technical Advisor to Newlox Gold since the inception of the business and has been instrumental in developing the Company’s environmentally and socially responsible gold production business. He has supported the Company with significant engineering assistance during two rounds of research and development at the University of British Columbia. Newlox continues to benefit from his strong connections to artisanal miners and governments established during his tenure at the United Nations.
Newlox Gold formalized its research and development division as Newlox R&D, a subsidiary company, in the summer of 2020. The goal of Newlox R&D is to accelerate the development of innovative technologies to modernize the $180 billion global gold industry and the $27 billion artisanal gold industry. Dr. Veiga has elected to devote a greater portion of his attention to this in his position as head of Newlox R&D.
Newlox R&D focuses on developing technologies aimed at the recovery of metals using non-toxic reagents , technologies aimed at removing historical pollution originating from artisanal mining, as well as recovering and separating desirable metals from polymetallic resource projects. All of the technologies being developed by Newlox R&D will provide economic, social, and environmental benefits compared to the legacy technologies currently employed in the resource industry.
A Message from Ryan Jackson, President & CEO:
“I am pleased to welcome my good friend and mentor, Dr. Marcello Veiga, to his role as Chairman of Newlox Resea rch and Development. Dr. Veiga is a significant asset to the Company as it develops its business model and has been a steadfast supporter of Newlox’s environmentally and socially responsible resource production business. Together, we have built Newlox’s first processing plant, which is now producing gold in Costa Rica. Marcello continues to provide guidance to Newlox and is an integral part of the planned deployment of Newlox’s business model to multiple jurisdictions.
As Chairman of Newlox R&D, Marcello will be spearheading the Company’s resource technology division with the mission of developing a portfolio of cutting-edge technology to bring the resource industry into the 21 st century. This R&D subsidiary is already delivering exceptional results, and we are looking forward to reporting further progress from the lab.”
About Newlox Gold
Newlox has identified a niche within the extractive industry where a clean-technology company can apply innovative processing techniques to not only recover precious metals but also affect positive change in the environmental and social landscape in its targeted jurisdictions of operations.
Forward-Looking Information
The information in this news release includes certain information and statements about management’s view of future events, expectations, plans and prospects that constitute forward-looking information. Forward-looking information includes, but is not limited to, the completion of the work programs currently underway and the results of these programs. These statements are based upon assumptions that are subject to significant risks and uncertainties. Because of these risks and uncertainties and as a result of a variety of factors, the actual results, achievements, or performance may vary materially from those anticipated and indicated by these forward-looking statements. The material risk factors that could cause actual results to differ include the risk that work undertaken by the Company may have unintended effects, the risk of delays in completing work, and the risk that the Company may not be able to raise sufficient funds and Force Majeure. Although the Company believes that the expectations reflected in the forward-looking information are reasonable, it can give no assurances that the expectations of any forward-looking information will prove to be correct. Except as required by law, the Company disclaims any intention and assumes no obligation to update or revise any forward-looking information to reflect actual results, whether as a result of new information, future events, changes in assumptions, changes in factors affecting such forward-looking statements or otherwise. Neither Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accept responsibility for the adequacy or accuracy of this release).
Technical Disclaimer
The Company advises it is not basing any decision to produce on a feasibility study of reserves demonstrating the economic and technical viability of the project and also advises there is increased uncertainty and specific economic and technical risks of failure associated with any production decision. Stewart A. Jackson, Ph.D., P.Geo., a “Qualified Person” within the meaning of National Instrument 43-101, has prepared, supervised the preparation of, and approved the contents of this News Release.
On Behalf of the Board, Newlox Gold Ventures Corp.
Contact Newlox Gold
Ryan Jackson
Newlox Gold Ventures Corp., President
Website: www.newloxgold.com
Email: ryan@newloxgold.com
Phone: +1 778 738 0546
- Published in Mining, Newlox Gold, News Home