TSX:NGD
NYSE:NGD
VANCOUVER,
Oct. 22, 2012 /PRNewswire/ - New Gold
Inc. ("New Gold") (TSX and NYSE MKT:NGD) plans to announce its
third quarter financial results after market close on Thursday, November 1, 2012. A conference call and
webcast will be held following the release on November 1st at 5:00 pm Eastern Time to discuss the results.
Participants may listen to the webcast by registering here or may
access the webcast from www.newgold.com. You may also listen to the
conference by calling 647-427-7450 or toll-free 1-888-231-8191 in
North America. To listen to a
recorded playback of the call after the event, please call
1-416-849-0833 or toll-free 1-855-859-2056 in North America - Passcode 40174836.
An archived webcast will also be available at
www.newgold.com following the event.
About New Gold Inc.
New Gold is an intermediate gold mining company.
The company has a portfolio of four producing assets and two
significant development projects. New Gold's New Afton project met
its targeted June 2012 production
start and began commercial production ahead of schedule in
July 2012. Together with the Mesquite
Mine in the United States, the
Cerro San Pedro Mine in Mexico and
Peak Gold Mines in Australia, the
company is forecasting between 405,000 and 445,000 ounces of gold
production in 2012. In addition, New Gold owns 30% of the
world-class El Morro project located in Chile and 100% of the exciting Blackwater
project in Canada. For further
information on the company, please visit www.newgold.com.
Cautionary Note Regarding Forward-Looking
Statements
Certain information contained in this news
release, including any information relating to New Gold's future
financial or operating performance may be deemed "forward looking".
All statements in this news release, other than statements of
historical fact, that address events or developments that New Gold
expects to occur, are "forward-looking statements. Forward-looking
statements are statements that are not historical facts and are
generally, but not always, identified by the use of forward-looking
terminology such as "plans", "expects", "is expected", "budget",
"scheduled", "estimates", "forecasts", "intends", "anticipates",
"projects", "potential", "believes" or variations of such words and
phrases or statements that certain actions, events or results
"may", "could", "would", "should", "might" or "will be taken",
"occur" or "be achieved" or the negative connotation. All such
forward-looking statements are based on the opinions and estimates
of management as of the date such statements are made and are
subject to important risk factors and uncertainties, many of which
are beyond New Gold's ability to control or predict.
Forward-looking statements are necessarily based on estimates and
assumptions that are inherently subject to known and unknown risks,
uncertainties and other factors that may cause actual results,
level of activity, performance or achievements to be materially
different from those expressed or implied by such forward-looking
statements. Such factors include, without limitation: significant
capital requirements; fluctuations in the international currency
markets and in the rates of exchange of the currencies of
Canada, the United States, Australia, Mexico and Chile; price volatility in the spot and
forward markets for commodities; impact of any hedging activities,
including margin limits and margin calls; discrepancies between
actual and estimated production, between actual and estimated
reserves and resources and between actual and estimated
metallurgical recoveries; changes in international, national and
local government legislation in Canada, the United
States, Australia,
Mexico and Chile or any other country in which New Gold
currently or may in the future carry on business; taxation;
controls, regulations and political or economic developments in the
countries in which New Gold does or may carry on business; the
speculative nature of mineral exploration and development,
including the risks of obtaining and maintaining the validity and
enforceability of the necessary licenses and permits and complying
with the permitting requirements of each jurisdiction that New Gold
operates, including, but not limited to Mexico where the Cerro San Pedro mine has a
history of ongoing legal challenges related to our EIS and
Chile where the courts have
temporarily suspended the approval of the environmental permit for
the El Morro project; the lack of certainty with respect to foreign
legal systems, which may not be immune from the influence of
political pressure, corruption or other factors that are
inconsistent with the rule of law; the uncertainties inherent to
current and future legal challenges the company is or may become a
party to; diminishing quantities or grades of reserves;
competition; loss of key employees; additional funding
requirements; actual results of current exploration or reclamation
activities; changes in project parameters as plans continue to be
refined; accidents; labour disputes; defective title to mineral
claims or property or contests over claims to mineral properties.
In addition, there are risks and hazards associated with the
business of mineral exploration, development and mining, including
environmental hazards, industrial accidents, unusual or unexpected
formations, pressures, cave-ins, flooding and gold bullion losses
(and the risk of inadequate insurance or inability to obtain
insurance to cover these risks) as well as "Risk Factors" included
in New Gold's disclosure documents filed on and available at
www.sedar.com. Forward-looking statements are not guarantees of
future performance, and actual results and future events could
materially differ from those anticipated in such statements. All of
the forward-looking statements contained in this news release are
qualified by these cautionary statements. New Gold expressly
disclaims any intention or obligation to update or revise any
forward-looking statements, whether as a result of new information,
events or otherwise, except in accordance with applicable
securities laws.
SOURCE New Gold Inc.