New Asia Gold Corp.

7 news results for the tag: New Asia Gold Corp..

New Asia Gold Defines Gold Mineralization in 6 Different Zones

November 17th, 2008

New Asia Gold Corp announce that the company has delineated 6 different zones with what the company believes is commercial gold mineralization in each zone. Current proven reserves (330,000 ounces of gold) are based on only 3 of the 6 zones.
Further, in one of the zones that has been defined as a probable reserve the [...]

New Asia Gold Identifies Additional Gold Reserves

October 22nd, 2008

New Asia Gold Corp. announce that there is likely to be additional shallow gold reserves at two locations on the Kapur Project. These locations have not as yet had extensive drilling completed but have had some drilling completed that shows the presence of gold. In addition to the shallow gold reserves, examination of the existing [...]

New Asia Gold to Focus On Promising Smaller Deposits On Kapur Project

September 22nd, 2008

New Asia Gold Corp wishes to announce that data obtained as a result of exploration of the Kapur project through drilling and trenching is complete enough and of excellent quality to show that there are promising smaller deposits on the leases. In the current 43101F independent engineering report, it has been estimated that there are [...]

New Asia Gold Corp. Hails Rush to Gold

September 18th, 2008

New Asia Gold Corp. welcomes the rush to gold as investors seek a safe haven from the current financial turmoil. Based on independent assessment reports of its gold properties as of July 2008, the company reiterates that it currently has an estimated 330,000 ounces of proven gold reserves with a projected value of $219 million [...]

New Asia Gold Corp. Preliminary Lab Testing Indicates Excellent Gold Recoveries

September 12th, 2008

New Asia Gold Corp. wishes to announce that preliminary laboratory scale testing results on the Kapur Project were very good. The gold occurs as 1 to 5 micron diameter fine grained free gold within open cavities of the vughy silica. The preliminary laboratory testing has indicated that 95% to 99% recoveries of the gold are [...]

New Asia Gold to Begin Development Program

August 14th, 2008

New Asia Gold Corp wishes to announce that it has begun preparations to begin a program that will define additional proven reserves. Previous exploration work on the property consists of 41 diamond drill holes (7863 metres) and 42 trenches that were excavated around the prospect. In the current 43101F Independent Assessment report only 16 [...]

New Asia Gold Corp. Acquires 100 Percent Interest in Gold Company

July 24th, 2008

New Asia Gold Corp. is pleased to announce that it has acquired 100% of the shares of an Indonesian gold exploration company as a result of a share exchange agreement. The shares issued related to this transaction are restricted. The gold company has proven and probable reserves of gold. Based on independent assessment reports the [...]