Gold World Resources increases its Mount Anderson Yukon gold/silver, polymetallic Project Landholdings to more than 34 sq. km

TORONTO, Sept. 6, 2011 /CNW/ - Gold World Resources Inc. (TSXV:GDW) or (the "Company") is pleased to announce it has increased its mineral rights holdings of its Mount Anderson Yukon (MtA) Project by 38 claims on  the west side of the existing block and south along the Becker Creek lineament in a very prospective area of the Wheaton River District. These claims have a common boundary with New Pacific Metals Corporation, excellent ATV access and very encouraging geology, including volcanic, rhyolites quartz, and breccias.

More specifically, the new claims encompass east-west trending structures extending away from the northwesterly-trending Becker Creek lineament interpreted by the Company to exist on the basis of preliminary airborne magnetic survey data (see news release of 25 August 2011). Like the parallel east-west mineralized structures on the main MtA claim group, these structures are characterized by iron depletion and register as magnetic lows. They are also parallel to the Goddell and Porter structures identified by New Pacific Metals on their claims to the west of the MtA Project.

Current Work:

The Company is currently assessing assay results received from grid soil samples (50m, 25m, 10m) and rock samples. These and the airborne survey results will guide the Company in selecting drill targets and establishing guidelines for future exploration and development work.

The Company is also awaiting results of the 1,000-lb sample taken for metallurgical testing so that detailed technical specifications can be provided in order to obtain commercial terms from smelters for bulk sample processing. Samples would be transferred by truck to harbor facilities at Skagway, Alaska, about 2.5 hours by all weather highways south of the mine and which would provide a convenient, cost-efficient access to transfer the direct shipping ore to smelters bordering the Pacific.

About the Company

The Company is a precious- and base-metals exploration company focusing on the Mount Anderson Yukon gold/silver, polymetallic Project.

ON BEHALF OF THE BOARD
"Hermann Derbuch",           
Chairman & CEO           
Gold World Resources Inc.          

Certain of the statements made and information contained herein is "forward-looking information" within the meaning of the Securities Act (Alberta), including statements concerning Gold World Resources' plans for the Property, which involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Gold World Resources, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking information. Such information contained herein represents management's best judgment as of the date hereof based on information currently available. 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:

Hermann Derbuch, P.Eng.
Tel.: 416.594.9888   Fax: 416.594.1967

Organization Profile

Gold World Resources Inc.

More on this organization


Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

CNW Membership

Fill out a CNW membership form or contact us at 1 (877) 269-7890

Learn about CNW services

Request more information about CNW products and services or call us at 1 (877) 269-7890