New World Retains Consultant for 43-101 Resource Estimate at Pastos
Grandes Lithium - Potash Brine Project
Vancouver
B.C. - New World Resource Corp. (the "Company")
announces that Dr. Richard Martin has agreed to join the Company as a
consultant. Dr. Martin will help advance and provide guidance on the Company's
Pastos Grandes lithium-potash brine exploration program in the Bolivian
Altiplano. Dr. Martin holds a PhD in Hydrogeology and is highly regarded
as an expert in the field of solution mining and exploration.
Dr.
Martin states "Based on my initial review of data and subsequent site
visit to Pastos Grandes, I consider the project to have considerable merit and
I look forward to helping bring the Pastos Grandes project to a resource
defined level in the very near future."
Dr
Martin's responsibilities have involved conceptualisation, direction and
management of water resource teams comprising engineers, scientists,
hydrologists and hydrogeologists. He was the co-founder of one of Australia's
largest specialized water consulting firms, (Mackie Martin & Associates)
which was subsequently sold to a rapidly expanding international water
management company in the early-'90's.
Over
Dr. Martin's career, his clients and projects have spanned across a variety of
sectors including mining companies, governments, water sector providers and consultants.
Some examples of clients and projects include: The World Bank, Brazilian
mining company Vale, Rio Tinto, the hydrogeological planning and exploration
for a solution potash - lithium mine in the Catamarca
Province of Argentina, and the design and installation of hydrogeological services
for potash mining projects in Canada and Russia.
The
Company is now in the process of expanding its operations at the Pastos Grandes
salar and will continue the drilling program throughout the current rainy season.
Additional heavy equipment is being mobilized to the salar and the onsite
laboratory, offices and accommodations are being improved and expanded.
Second phase detailed hydrological tests and the initial brine chemistry and
evaporation tests will be underway shortly. This drill program is now over a
third complete and further drill results will be released on the completion of
this initial drill program.
About New World
New World Resource Corp. is a Canadian based mining exploration company
focused on building a strong, diversified project portfolio within the
Americas. The Company's projects include the Lipe?a copper gold project and the
Pastos Grandes lithium brine project in Bolivia, and the recently
joint-ventured Long Valley gold project in Nevada.
NEW WORLD RESOURCE CORP.
John
Lando, President
For information with respect to the Company or the contents of this news
release, please contact John Lando or Don Flahiff at (604) 669-2701 or toll
free at 1-800-663-0510, email at info@newworldresource.com, or visit the web site at www.newworldresource.com.
This news release includes "forward-looking
information", as such term is defined in
applicable securities laws. The forward-looking information includes, without
limitation, statements regarding the extent and timing of its exploration
programs, exploration program budgets and exploration results. This
forward-looking information is given as of the date of this news release. Users
of forward-looking information are cautioned that actual results may vary from
the forward-looking information contained herein. While the Company has based
this forward-looking information on its expectations about future events as at
the date that such information was prepared, the information is not a guarantee
of the Company's future performance and is subject to risks, uncertainties,
assumptions and other factors which could cause actual results to differ
materially from future results expressed or implied by such forward-looking
information. Such factors and assumptions include, amongst others, the effects
of general economic conditions, the price of lithium, changing foreign exchange
rates and actions by government authorities, uncertainties associated with
legal proceedings and negotiations and misjudgements in the course of preparing
forward-looking information. In addition, there are also known and unknown risk
factors which could cause the Company's actual results, performance or
achievements to differ materially from any future results, performance or
achievements expressed or implied by the forward-looking information. Known
risk factors include, among others, risks relating to exploration and
development; the ability of the Company to obtain additional financing; the
Company's limited operating history; the need to comply with environmental and
governmental regulations; political and economic instability and general civil
unrest in Bolivia; potential defects in title to the properties; fluctuations
in currency exchange rates; fluctuating prices of commodities; operating
hazards and risks; competition; and other risks and uncertainties. Although the
Company has attempted to identify important factors that could cause actual
actions, events or results to differ materially from those described in
forward-looking information, there may be other factors that cause actions, events
or results not to be as anticipated, estimated or intended. There can be no
assurance that forward-looking information will prove to be accurate, as actual
results and future events could differ materially from those anticipated in
such statements. Accordingly, readers should not place undue reliance on
forward-looking information. The Company is under no obligation to update or
alter any forward-looking information except as required under applicable
securities laws.
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SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE
EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEWS
RELEASE.