Mr. Ryan Jackson reports

NEWLOX GOLD HIGHLIGHTS INNOVATIVE NON-TOXIC GOLD TECHNOLOGY

Newlox Gold Ventures Corp. is highlighting a recent academic paper written by: Pariya Torkaman from the Norman B. Keevil Institute of Mining Engineering, University of British Columbia; Akihiro Yoshimura from the Graduate School of Science and Engineering, Chiba University; Leslie M. Lavkulich from the Department of Land and Food Systems, University of British Columbia; and Dr. Marcello M. Veiga, on the topic of innovative gold-leaching process using a non-toxic organic reagents.

This recent study tested dimethyl sulphoxide, a water-free lixiviant that extracts gold from ores/concentrates in combination with copper halides, on a sample of high-grade gold ore from Colombia, with impressive results. The team found that 96.5 per cent of the gold was extracted from the samples in two hours at room temperature, a finding that exceeds the control test of a typical cyanidation test, which achieved 97 per cent gold extraction in 24 hours at ambient temperature. Gold dissolved by the new technology was successfully precipitated and recovered, while the reagent could be recycled through a distillation process.

The full paper can be accessed on-line.

This recent testing by Ms. Torkaman and her colleagues echoes the encouraging results previously obtained by Newlox Gold using a similar process. The Newlox R&D (research and development) team has previously achieved excellent gold recoveries of nearly 100-per-cent recovery at 80 degrees Celsius and over 90-per-cent recovery at ambient temperature during lab testing. Newlox Gold plans to continue to develop this innovative technology. The company has secured a supply of the necessary reagents, and plans to begin in-field testing a similar process which could replace cyanide and mercury in the mining industry.

Technical disclaimer

The company advises it is not basing any decision to produce on a feasibility study of reserves demonstrating the economic and technical viability of the project, and also advises there is increased uncertainty, and specific economic and technical risks of failure associated with any production decision. Grab sample results included in any press release are not necessarily indicative of the mineralization in general for the deposit. James Turner, PGeo, a qualified person within the meaning of National Instrument 43-101, has prepared, supervised the preparation of and approved the contents of this news release.

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