TORONTO, Jan. 18, 2012 /CNW/ - Gold World Resources Inc. (TSXV: GDW) or
("the "Company") is pleased to present excerpts of the recently filed
NI43-101 Technical Report on the Mt. Anderson Project (see press
release January 17, 2012). Excerpts from the Summary section read:
"The latest field program by Gold World Resources Inc. has been
conducted in a systematic, comprehensive and technically responsible
manner. Results indicate that the claim group is a property of merit
and certainly deserves additional exploration with the immediate
objective of confirming the presence of one or more gold-silver
deposits warranting definition by subsequent drilling".
After the aeromagnetic and radiometric reports are interpreted and the
MMITM soil sample data evaluated, a comprehensive drilling program should
test the strong anomalies for Au-Ag-As (A) to the NW of the adits,
Au-Ag-Pb-Zn (B) and Au-Ag-Pb (F) along the west slope of Mt. Anderson.
Access roads should be made to reach both the lower and upper adits so
the adits can be rehabilitated and sampled to assess economic
If possible, as the road is being built, drill sites should be located
on the access road so the high grade but erratic galena with very high
silver concentration can be evaluated at depth.
A series of shallow to medium depth cored holes should be drilled along
the magnetic low between Trench 47 and the Adanac Trench to test
several strong nodes in the gold-silver Anomaly C which were not
trenched by past explorers.
Trench and/or drill the strong 800-m antimony soil anomaly (E) south of
the Fleming skarn.
Complete the soil MMITM survey over the remainder of the current block of 163 claims.
Complete a detailed examination of all the 2011 data and the new data
that will be available in 2012 over the claim block to see if there are
other potential drill targets."
The Company is pleased to have focused its exploration activities during
2011 on the Mt. Anderson Project.
While the geology in China still presents a number of very interesting
options, the regulatory and ownership regime resulted in a pace of
development that was not satisfactory to management. The Company
curtailed expenses in China and has now withdrawn from China. All
money from the latest financing in May 2011 went towards the Mt.
The Company intends to strengthen its in-house manpower in 2012 to meet
the new demands and increased needs of the Mt. Anderson Project. In
addition, the Company continues to investigate other opportunities on
an ongoing basis.
I like to take this opportunity to thank the Board of Directors who
worked diligently with me on the Company's projects as well as
reviewing and evaluating new properties where their international
experience and expertise has been invaluable. In their support of the
Company they show an impeccable record of attending the numerous
About the Company:
The Company is a precious- and base-metals exploration company focusing
on the Mount Anderson Yukon gold/silver, polymetallic Project.
The complete Technical Report is available on our website www.goldworldresources.com
ON BEHALF OF THE BOARD
Chairman & CEO
Gold World Resources Inc.
This Press Release may contain forward-looking statements (including
"forward looking information" within the meaning of applicable Canadian
securities legislation) related to the Company's activities which
involve known and unknown risks, uncertainties and other factors which
may cause the actual results, performance or achievements of the
Company 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 Company disclaims any intention or obligation to update
or revise any forward-looking statements, whether as a result of new
information, future events or otherwise, save and except as may be
required by applicable securities laws. The forward-looking statements
contained herein are expressly qualified by this disclaimer.
The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this press release.
SOURCE Gold World Resources Inc.
For further information:
Hermann Derbuch, P.Eng.
Tel.: 416.594.9888 Fax: 416.594.1967