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.For further information:
Ph: 416-594-9888; Fx: 416-594-1967