TORONTO, March 5 /CNW/ - Gold World Resources Inc. (GDW-TSX Venture)
("Gold World" or the "Company") is pleased to announce Phase-1 of a
$1.2 million exploration program on its 16 km(2) Xiqinggangping gold property
in the Ganshu Mining District, Henan Province in China. The program is based
on the recommendations in the 43-101 Technical Report, prepared by Christian
Derosier, Gold World's Qualified Person for gold exploration (see press
release January 16, 2007).
The exploration program is designed to discover and delineate a
commercial gold deposit taking into consideration earlier reported positive
gold assays from grab sampling and trenching campaigns as well as from chip
sampling of several tunnels on the property.
The exploration program has as its main components geophysics,
geochemical, diamond drilling and tunnelling as well as geological mapping and
Contingent on previous data and new survey results follow-up programs are
planned with the emphasis on gold bearing veins to explore and to develop the
commercial potential of this property taking into consideration the
availability of manpower and the attractive cost profile of China.
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's 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, 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 judgement 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.
For further information:
For further information: Boris Ziger, President, Tel: (416) 365-0872,
Fax: (416) 367-1954, E-mail: firstname.lastname@example.org; Badshah
Communications Group, Tel: (604) 408-7522, Toll Free: 1-866-857-7522, Fax:
(604) 408-7528, E-mail: email@example.com