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Press Release
Gold World
Resources Reports the Successful Renewal of Exploration License
Toronto,
June 16, 2008, Gold World Resources Inc. (GDW-TSX Venture) (the
"Company") is pleased to announce the successful renewal of the
Exploration License for the Company's Ming (Yangjiagou)
Gold/Silver property in Hebei Province, China (the "Ming Property") with the
Hebei Provincial Bureau of Land and Resources. The license renewal, which is
effective from 11/6/2008 to 12/4/2010 and has provisions for renewal beyond
2010, provides the Company with a solid base for its Ming gold/silver property
development.
With this
license renewal, the Company's shareholders benefit from the continuing
partnership with the Shijiazhuang Comprehensive Geological Brigade of Hebei
Provincial Bureau of Geological Exploration and Mineral Resources Development
("Geological Brigade"). The Company is
in the final stages of completing the incorporation of the Hebei Ming Yu Mining
Company Cooperative J.V. Company.
Concurrent with
its program on the Ming Property, the Company is pursuing commercial
transactions with near production or producing gold/silver properties
throughout China. To that effect, management is presently in
negotiations with several property owners to meet its stated growth objectives.
About Gold World Resources Inc.:
The Company is exploring for
precious metals in China
and has recently signed a Joint Venture Contract to establish a Sino-Foreign
Contractual Joint Venture Company for the exploration and development of the
Ming Project. For more information about the Company's activities we invite you
to visit our website www.goldworldresources.com.
ON
BEHALF OF THE BOARD
"Hermann
Derbuch", For
further information please contact:
Chairman
& CEO Hermann
Derbuch, P.Eng.
Gold
World Resources Inc. Tel.:
416.594.9888 Fax: 416.594.1967
Certain of the statements made and information herein is
“forward-looking information” within the meaning of the Securities Act
(Alberta), including statements concerning Gold World’s plans for the
Property, which involve known and unknown risks, uncertainties and
other factors which may cause the actual results, performance or
achievements of Gold World, to be materially different from any future
results, performance or achievements expressed or implied by such
forward-looking information. Such information contained herein
represents management’s best judgement as of the date hereof based on
information currently available.
The TSX -V Exchange has not reviewed and
does not accept responsibility for the adequacy or accuracy of the
contents of this News Release.
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