Press Release
Gold World Resources Initiates Application for a Yukon Mining Land Use Permit
TORONTO, February 7, 2012, Gold World Resources Inc. (TSXV: GDW) or ("the "Company") is pleased to announce that it has engaged Aurora Geosciences (“Aurora”) of Whitehorse, Yukon to act as agent for the Company in preparing and submitting permit applications to obtain a Yukon Mining Land Use Class III Permit. Aurora will prepare the permit applications for a 5 year Class III mining land use permit using the Company’s NI43-101 Technical Report as a guideline in designing the program with adjustments as necessary to accommodate regulatory or stakeholder concerns.
Further to a press release issued on January 31st, 2012, the Company has engaged Kingsdale Capital Markets Inc. to complete a private placement financing on a reasonable best efforts basis to raise up to $700,000. Proceeds from the financing will be used to finance the 2012 Exploration Budget for Phase 1A of the Mount Anderson Yukon gold/silver, polymetallic Project.
About the Company:
The Company is a precious- and base-metals exploration company focusing
on the Mount Anderson Yukon gold/silver, polymetallic Project.
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
This Press Release may contain
forward-looking statements (including “forward looking information”
within the meaning of applicable Canadian securities legislation)
related to the Company’s activities which involve known and unknown
risks, uncertainties and other factors which may cause the actual
results, performance or achievements of the Company 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 judgment as of the date
hereof based on information currently available. The Company disclaims
any intention or obligation to update or revise any forward-looking
statements, whether as a result of new information, future events or
otherwise, save and except as may be required by applicable securities
laws. The forward-looking statements contained herein are expressly
qualified by this disclaimer. Neither the TSX Venture Exchange nor its
Regulation Service Provider (as that term is defined in the policies of
the TSX Venture Exchange) accepts responsibility for the adequacy or
accuracy of this press release.
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