TORONTO, Jan. 20 /CNW/ - Gold World Resources Inc. (GDW-TSX Venture)
("GWR" or the "Company") is pleased to announce that on January 3, 2011
it commenced its due diligence investigation on the Mount Anderson,
Yukon Project. The Company has signed a Binding Letter of Intent (see
press release December 20, 2010) with Norseman Exploration for the
purpose to consummate a Binding Option Agreement to earn 100% of the
rights to the Mount Anderson, Yukon gold /silver property located
within the Tintina Gold Province, some 60 km south of Whitehorse, with
year round access.
The Due Diligence process is undertaken to ensure that information and
issues in the public domain are identified and considered and also
involves a technical investigation and a property visit before the
signing of the Binding Option Agreement. Mr. Robert Osborne,
Consultant Vice President to the Company will visit the property during
the week of January 24, 2011.
The 2790 acres Mount Anderson gold/silver property displays similarities
with the adjacent New Pacific Metals Corp. Goddell Project on its
Tagish Lake Gold Property. Skukum Creek, Goddell and Mount Anderson lie
on a large precious metal bearing fracture system related to the Eocene
Mt Skukum Volcanic Complex. It appears that extensions and splays of
the Goddell fault are the major structures hosting the 3 styles of
Mount Anderson mineralization.
About Gold World Resources Inc.:
The Company is exploring for precious metals in China. With the signing
of the Binding Letter of Intent on the prolific gold/silver play in the
Yukon, Canada, the Board of Directors is following its corporate
strategy to grow the Company and at the same time diversify its
ON BEHALF OF THE BOARD
Chairman & CEO
Gold World Resources Inc.
SOURCE Gold World Resources Inc.
For further information:
Hermann Derbuch, P.Eng.
Tel.: 416.594.9888 Fax: 416.594.1967