New Guinea Gold Aktie

FIRST QUARTER GOLD PRODUCTION 1,423 OZS New Guinea Gold Corporation (NGG and the Company) announces that gold production from the Sinivit Mine in the first quarter 2010 was 1,423.28 ozs (silver 264.01 ozs). Since the end of the quarter NGG has added additional mining equipment to the project and the additional crusher arrived on site on May 9, 2010 (after delays due to weight limits and ongoing repairs on an access bridge). In 2010 NGG has adopted a revised procedure of reporting gold production. Previously gold had been reported for the month in which it had been predominantly processed to dore bars. This has led in the past to inconsistencies between quarterly accounts and announced gold production. As from January 1, 2010, the company will report gold in the month in which it is sold. In view of this new procedure the quarterly gold production for the fourth quarter 2009 is amended to 884.3 ozs and silver 203.2 ozs: these figures were used in the 2009 financial statements. The company also notifies investors of a typographical error in the 2009 MD&A, page 8. First quarter 2009 gold production should be 1,372 ozs instead of 1,327 ozs as stated in the MD&A. The information in this release was prepared under the direct...http://www.sedar.com/DisplayCompanyDocuments.do?lang=EN&issuerNo=00026778

Barrick to begin field operations at Mt. Nakru and Simuku projects 2/11/2010 10:10 AM - Canada NewsWire VANCOUVER, Feb. 11, 2010 (Canada NewsWire via COMTEX News Network) -- << Trading Symbols: TSX-V: NGG Frankfurt: NG8.FSE Web Site: www.newguineagold.ca >> New Guinea Gold Corporation (NGG or the "Company") is pleased to provide the following update on Coppermoly Ltd. NGG holds a 23% interest or approximately 30 million free trading shares in Australian Securities Exchange Company, Coppermoly Ltd. The Mt Nakru and Simuku copper /gold / molybdenum projects are held 100% by Coppermoly subject to a J/V agreement with Barrick Gold subsidiary, Barrick(PNG) Exploration Ltd << ASX Code: COY "BARRICK TO BEGIN FIELD OPERATIONS >> As part of the preparations for the upcoming exploration programmes on the Coppermoly Nakru and Simuku projects, Barrick (PNG) Exploration Ltd (Barrick) have undertaken on-site inspections and completed a formal risk assessment for camp re-construction, geological mapping and geochemical sampling. Preparations have also begun for the upgrade of track access to the Nakru project site. Barrick can earn a 72% of Coppermoly's three existing projects by spending A$20 million within eight years. They are currently establishing their own office, staff and communications for their base of operations in Kimbe, the capital of West New Britain Island province. Coppermoly will continue to assist until March. The diamond drilling programme at Nakru is expected to begin early in the second quarter of 2010 and will test depth extents of surface mineralisation and the copper related geophysical Induced Polarisation targets. It is anticipated that a broader exploration programme will include extensive surface sampling beneath ash cover, mapping and diamond drilling programmes both at Nakru and Simuku. Barrick are reviewing the existing Nakru drill core and taking representative samples for petrographic and petrophysical studies to help understand the mineralis...http://www.stockhouse.com/tools/?page=%2FFinancialTools%2Fsn_newsreleases.asp%3Fsymbol%3DNGUGF%26newsid%3D7626830

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