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Gold World Resources Inc. GDW.TSX.V |
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Gold World Resources Inc. is a resource
company searching for economically attractive gold and silver properties in
China. The Company is pleased to announce that the TSX-Venture Exchange has accepted
for filing documentation pertaining to a Cooperative Joint Venture Contract
dated November 9, 2007, between the Company and Shijiazhuang Comprehensive
Geological Brigade (owner of property) of Hebei Provincial Bureau of Geological
Exploration & Mineral Resources Development, to establish a Joint Venture
Company (“JVC”), operating under the name “Hebei Ming Yu Mining Corporation”,
located in Hebei Province, China (see press release February 25, 2008). The JVC
has the right to explore and develop, for a 70 percent interest, the Ming
Gold/Silver property. At the same time, the Company filed a NI 43-101 Technical
Report (see Investor Info – Related Reports) on the property. This is a major
step for the Company and puts it on the path to implement its vision to play a
significant role in China’s gold/silver production growth.
At this time, the Company and the
Brigade are applying for a Business License for the JV Company.
Ming
Gold/Silver Project, Hebei
Province, China
Past
mining, abandoned tunnels (local farmers mining gold), south
part of 明 Ming
block
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