New Gold to Acquire New Afton Surface Rights.

0 Comments | M2 Presswire, January, 2007

M2 PRESSWIRE-10 January 2007-Breaking News: New Gold to Acquire New Afton Surface Rights(C)1994-2007 M2 COMMUNICATIONS LTD RDATE:10012007 New Gold Inc. (TSX:NGD) is a natural resource exploration and development company which has been engaged in the acquisition, exploration and development of natural resources properties since 1980.

Over the past seven years, the Company's principal focus has been on the exploration and development of the New Afton Copper-Gold Project ("New Afton"), located 10 kilometers (6 miles) west of Kamloops, British Columbia. At the time of writing shares are up 2.9 to $9.10 with over 1.2 million in volume. This momentum comes as New Gold Inc. (TSX:NGD.TO)(AMEX:NGD) is pleased to announce that a Letter of Intent ("LOI") has been...