Properties
The Company's experienced board and management team is pursuing an aggressive growth strategy, encompassing both acquisition and expansion of existing assets. Targeted acquisitions will include high quality worldwide assets, producing 100,000 to 200,000 ounces of gold per year.
New Afton - Canada Close [x]
- Status:
- Development
- Location:
- West of Kamloops, British Columbia, Canada
- Ownership:
- 100% New Gold
- Reserves(1):
-
Gold 1.03 million oz Silver 3.24 million oz Copper 960 million lbs - Resources(2):
-
Gold 1.63 million oz Silver 5.4 million oz Copper 1.48 billion lbs
(1) Probable Mineral Reserves
(2) Measured and Indicated Resources are inclusive of Mineral Reserves
Expected life of mine Annual Production:
| New Afton | |
|---|---|
| Gold (thousand ounces) | 80.0 |
| Copper (million pounds) | 75.0 |
| Silver (thousand ounces) | 214.0 |
Cerro San Pedro - Mexico Close [x]
- Status:
- Production
- Location:
- 20km NE of San Luis Potosí, Cerro San
- Pedro, Mexico
- Ownership:
- 100% New Gold
- Start-up:
- April 2007
- Reserves(1):
-
Gold 1.5 million oz Silver 62.0 million oz - Resources(2):
-
Gold 2.03 million oz Silver 75.5 million oz
(1) Probable Mineral Reserves
(2) Measured and Indicated Resources are inclusive of Mineral Reserves
Annual Production
| Cerro San Pedro | 2007 Actual | 2008 Forecast |
|---|---|---|
| Gold (thousand ounces) | 26.3 | 75 - 85 |
| Silver (million ounces) | 0.4 | 1.1 |
Peak Mines - Australia Close [x]
- Status:
- Production
- Location:
- Cobar Gold Field, New South Wales, Australia
- Ownership:
- 100% New Gold
- Start-up:
- 1992
- Reserves(1):
-
Gold 368 thousand oz Copper 27.2 million lbs - Resources(2):
-
Gold 458 thousand oz Copper 86.6 million lbs
(1) Probable Mineral Reserves
(2) Measured and Indicated Resources are exclusive of Mineral Reserves
Annual Production
| Peak Mine | 2007 Actual | 2008 Forecast |
|---|---|---|
| Gold (thousand ounces) | 116.5 | 95 - 105 |
| Copper (million pounds) | 7.49 | 9 - 11 |
Amapari - Brazil Close [x]
- Status:
- Production
- Location:
- Amapá State, northern Brazil
- Ownership:
- 100% Mineração Pedra Branca do Amapari
- (MPBA, a subsidiary of New Gold Inc.)
- Start-up:
- January 2006
- Reserves(1):
-
Gold 302 thousand oz - Resources(2):
-
Gold 745 thousand oz
(1) Probable Mineral Reserves
(2) Measured and Indicated Resources are exclusive of Mineral Reserves
Annual Production
| Amapari Mine | 2007 Actual | 2008 Forecast |
|---|---|---|
| Gold (thousand ounces) | 96.4 | 70 - 80 |
El Morro - Chile Close [x]
- Status:
- Feasibility stage complete
- Location:
- 80 km E of Vallenar, northern Chile
- Ownership:
- 30% New Gold/ 70% Xstrata Plc.
- (formerly Falconbridge Ltd.)
- Reserves(1):
-
Gold 6.7 million oz Copper 5.7 billion lbs - Resources(2):
-
Gold 8.86 million oz Copper 6.73 billion lbs
(1) Probable Mineral Reserves
(2) Measured and Indicated Resources are inclusive of Mineral Reserves