Gold World Resources Reports on 2012 Work Program on Mt. Anderson
and Financing Completed
TORONTO, Jan. 3, 2013 /CNW/ - Gold World Resources Inc.
(GDW - TSX Venture) (the "Company") is pleased to announce sampling
and prospecting updates from the 2012 exploration work on Mt.
Anderson, including the location of:
- the probable bedrock source of high grade float found on the NW
slope of Mt. Anderson ("Ridge Zone"). Adda Minerals reported float
assaying as high as 6.3 oz/t Au in the 1980's (Keyser) on the NW
slope of the Ridge Zone, the Norseman team followed quartz float to
a vein of 20 cm width in altered granodiorite. One of four samples
submitted to AcmeLabs™ returned 86.6 g/t Au; and
- an area with vuggy agate quartz boulders on line 54 "Adanac
East" where the 2011 gold anomaly shows MMI values as high as 249
times background. The historic (non-43-101 compliant) Adanac
trench results from similar vuggy quartz assayed 2.0 oz/t Au and 50
oz/t Ag (Webster 1986) and Minfile 105D029 reports a 0.9m
lens with 62.2 g/t Au.
About the Property
The Mount Anderson gold/silver, poly-metallic
project ("Mt. Anderson") is located 55 km south of Whitehorse, Yukon and covers a large area of documented
epithermal to mesothermal Au, Ag, Pb, Zn and Au, Ag, As vein
mineralization consisting of massive galena in Quartz as well as
Skarn and Porphyry Mo-Cu zones. All zones have been sampled
and mapped by qualified persons during the 2011 exploration season.
Results, including prior documented work history between 1906 and
2011, are documented in the NI 43-101 prepared by Howard Lahti, PhD, P.Geo (and filed on SEDAR
Jan. 17, 2012). All work
completed by the Company since 2011 was under the supervision of
Dallas Davis, P.Eng, FEC, Consulting
Interim VP Exploration, a qualified person for the purposes of NI
43-101 reporting. The 2012 prospecting report was authored by
Larry Bratvold, one of the Mt.
Anderson vendors, who led the 3-person prospecting team.
Dallas Davis did not visit the
property during 2012.
The Company has received a Class 3 Mining Land
Use Permit with Operational Guidelines for Mt. Anderson, valid
until August 1, 2017.
Also, the Company is pleased to announce the
successful completion of the first tranche of the temporary relief
financing (see press release of October
18, 2012) for gross proceeds of $80,000. The placement consisted of units issued
at a price of $0.025 per
unit. Each Unit consists of one common share of the Company and one
share purchase warrant ("Warrant"). Each Warrant is exercisable at
a price of $0.05 at any time within
twelve (12) months from date of issue, and at a price of
$0.10 thereafter until three years
from date of issue.
ON BEHALF OF THE BOARD
Domenico Bertucci
,
CFO and Interim COO
Gold World Resources Inc.
We seek Safe Harbor
The TSX-Venture Exchange has not reviewed and
does not accept responsibility for the adequacy or accuracy of this
release.
SOURCE Gold World Resources Inc.