TORONTO, April 12 /CNW/ - Gold World Resources Inc. (GDW-TSX-V), ("GWR" or the "Company") is pleased to announce the arrival of the SRK Consulting, Beijing ("SRK") team at the site of the Jin Yin Dong Gold Mine("JYD Mine"). GWR recently signed a Memorandum of Understanding with Guizhou Rong Huai Investment Development Ltd. for the acquisition of the 100 tonne/day capacity, operating gold mine. The due diligence by SRK is an essential part of the Company's acquisition process.
SRK is mandated to prepare a preliminary independent technical assessment report with the objective of upgrading the report to the NI 43-101 Technical Report format pending a favorable outlook. A highly qualified team of 5 professionals has been assembled to complete this.
SRK provides independent expert advice and solutions for resource clients requiring specialized services. For mining projects, SRK offers services from exploration through feasibility, mine planning, and production to mine closure. Formed in 1974, SRK now employs about 1000 professionals internationally in 36 permanent offices on 6 continents. SRK Consulting China Ltd's Beijing office and Nanchang office were established in 2005 and 2008 respectively to deal with the increase in demand for SRK's services in China.
The team consists of the following individuals:
Dr. Anson Xu, PhD, MAusIMM, is the principal consultant with a specialty in the exploration of mineral deposits. Dr. Anson is the project manager and the qualified person on the project.
Jinhui Liu, Master, Senior Geologist (Mineral deposit) MAusIMM, has extensive experience in geology and geochemical exploration design, resource and reserve estimation for numerous metal ore projects.
Yonggang Wu, MSc, Mining Engineer, has experience in mine planning and design. His expertise is in mine modeling for operations on precious metal (Au), base metal (Cu) and other non ferrous metal deposits.
Niu Lanliang, Engineer of Mineral Processing; finished the processing and metallurgical assessment of several projects in Inner Mongolia, Guangxi and others. 2005. He has received his certificate as a registered appraiser for mine property rights.
Dr. Yanglian Sun, BEng, PhD, MAusIMM, MIEAust, CPEng, is a Principal Consultant and is responsible for the peer review of this report to ensure its quality.
The Jin Yin Dong Gold Mine project includes one Mining License covering 17.76 km(2), included in the Exploration Permit of 41.27 km(2).
ON BEHALF OF THE BOARD
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: For further information: Hermann Derbuch, P.Eng., Tel.: (416) 594-9888, Fax: (416) 594-1967