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gold investing

Gold Mine Planned for 2017

Written by Investing News Network
|
Jul. 27, 2011 03:35PM PST

The Omineca Express reported that New Gold (TSE:NGD) plans to open a gold mine at the Blackwater project by 2017.

The Omineca Express reported that New Gold (TSX:NGD) plans to open a gold mine at the Blackwater project by 2017.

The market news is quoted as saying:

The project is located 100 kilometres south of Vanderhoof on the Nechako Plateau and was sold for $500 million by junior mining company Richfield Ventures who have been conducting gold exploration at the site for a number of years.

To read the full market news, click here.

tsx:ngd gold investing
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