Small Cap Voice Featured Client: New Asia Gold Corporation (NWAG.PK)
New Asia Gold Corporation (NWAG) is a gold mining company with leaseholds and tenements in Indonesia on the island of Borneo. New Asia Gold’s East Kalimantan Gold Project (EKGP) has existing proven reserves of 330,000 ounces of gold that have been drill-defined and independently verified. The company hires contractors to help extract the gold and then sells it on the commodities markets. New Asia Gold’s property rights cover a total of 4,375 hectares, including the main resource area, an area tentatively chosen to host mine infrastructure, and an additional prospect west of the main resource area with similar geology to…
