UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
Form
6-K
REPORT
OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the month of
October 2017.
Commission File Number 001-31722
New
Gold Inc.
Suite 3510 – 181 Bay Street
Toronto, Ontario M5J 2T3
Canada
(Address of principal executive office)
Indicate
by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F
☐ Form 40-F ☒
Indicate
by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ☐
Note:
Regulation S-T Rule 101(b)(1) only permits the submission in paper of a Form 6-K if submitted solely to provide an attached annual
report to security holders.
Indicate
by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ☐
Note:
Regulation S-T Rule 101(b)(7) only permits the submission in paper of a Form 6-K if submitted to furnish a report or other
document that the registrant foreign private issuer must furnish and make public under the laws of the jurisdiction in which the
registrant is incorporated, domiciled or legally organized (the registrant’s “home country”), or under the rules
of the home country exchange on which the registrant’s securities are traded, as long as the report or other document is
not a press release, is not required to be and has not been distributed to the registrant’s security holders, and, if discussing
a material event, has already been the subject of a Form 6-K submission or other Commission filing on EDGAR.
DOCUMENTS
FILED AS PART OF THIS FORM 6-K
Exhibit |
|
Description |
99.1 |
|
News Release dated October 6, 2017 - New Gold Announces First Gold Pour at Rainy River Mine |
|
|
|
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf
by the undersigned, thereunto duly authorized.
|
|
|
NEW GOLD INC. |
|
|
|
|
|
|
By: |
/s/
Lisa Damiani |
|
Date: October
6, 2017 |
|
|
Lisa Damiani
Vice President, General Counsel
and Corporate Secretary
|
Exhibit 99.1
New Gold Announces First Gold Pour at Rainy River Mine
TORONTO, Oct. 6, 2017 /CNW/ - New Gold Inc. ("New
Gold") (TSX:NGD) (NYSE American:NGD) is pleased to report that it has completed its first gold pour at the Rainy River mine,
and the company's commissioning plans remain on schedule. The first pour yielded approximately 500 ounces of gold and 600 ounces
of silver.
"Our team is proud to have delivered on all of the key
project milestones since the beginning of 2017, however, the first gold pour is a particularly special one for New Gold and its
stakeholders," stated Hannes Portmann, President and Chief Executive Officer. "This achievement is reflective of a true
team effort as it would not have been possible without the commitment and resilience of our workforce as well as the strong support
of our local communities and Indigenous partners – thank you."
As previously announced, the Rainy River mine began processing
ore on schedule on September 14, 2017. Since that date, the company has successfully processed approximately 290,000 tonnes
of ore. Inclusive of four days of intentional downtime as part of the commissioning plan, this translates to an average processing
rate of almost 14,000 tonnes per day, or 67% of the 21,000 tonne per day nameplate capacity. At the same time, the mining rate
through September has continued to track on plan which has enabled the mine to deliver the scheduled quantities of ore to the mill.
About New Gold Inc.
New Gold is an intermediate gold mining company with a portfolio
of five producing assets in top-rated jurisdictions. The New Afton and Rainy River Mines in Canada, the Mesquite Mine in the United
States, the Peak Mines in Australia and the Cerro San Pedro Mine in Mexico (which transitioned to residual leaching in 2016), provide
the company with its current production base. In addition, New Gold owns 100% of the Blackwater project located in Canada. New
Gold's objective is to be the leading intermediate gold producer, focused on the environment and social responsibility. For further
information on the company, please visit www.newgold.com.
Cautionary Note Regarding Forward-Looking Statements
Certain information contained in this news release, including
any information relating to New Gold's future financial or operating performance are "forward looking". All statements
in this news release, other than statements of historical fact, which address events, results, outcomes or developments that New
Gold expects to occur are "forward-looking statements". Forward-looking statements are statements that are not historical
facts and are generally, but not always, identified by the use of forward-looking terminology such as "plans", "expects",
"is expected", "budget", "scheduled", "targeted", "estimates", "forecasts",
"intends", "anticipates", "projects", "potential", "believes" or variations of
such words and phrases or statements that certain actions, events or results "may", "could", "would",
"should", "might" or "will be taken", "occur" or "be achieved" or the negative
connotation of such terms. Forward-looking statements in this news release include among others, targeted timing for commercial
production at the Rainy River mine.
All forward-looking statements in this news release are based
on the opinions and estimates of management as of the date such statements are made and are subject to important risk factors and
uncertainties, many of which are beyond New Gold's ability to control or predict. Certain material assumptions regarding such forward-looking
statements are discussed in this news release, New Gold's latest annual management's discussion and analysis ("MD&A"),
Annual Information Form and Technical Reports filed at www.sedar.com and on EDGAR at www.sec.gov. In addition to, and subject to,
such assumptions discussed in more detail elsewhere, the forward-looking statements in this news release are also subject to the
following assumptions: (1) there being no significant disruptions affecting New Gold's operations; (2) political and legal developments
in jurisdictions where New Gold operates, or may in the future operate, being consistent with New Gold's current expectations;
(3) arrangements with First Nations and other Aboriginal groups in respect of the Rainy River project being consistent with New
Gold's current expectations; and (4) all required permits, licenses and authorizations being obtained from the relevant governments
and other relevant stakeholders within the expected timelines.
Forward-looking statements are necessarily based on estimates
and assumptions that are inherently subject to known and unknown risks, uncertainties and other factors that may cause actual results,
level of activity, performance or achievements to be materially different from those expressed or implied by such forward-looking
statements. Such factors include, without limitation: significant capital requirements and the availability and management of capital
resources; additional funding requirements; price volatility in the spot and forward markets for metals and other commodities;
fluctuations in the international currency markets and in the rates of exchange of the currencies of Canada, the United States,
Australia and Mexico; discrepancies between actual and estimated production, between actual and estimated mineral reserves and
mineral resources and between actual and estimated metallurgical recoveries; fluctuation in treatment and refining charges; changes
in national and local government legislation in Canada, the United States, Australia and Mexico or any other country in which New
Gold currently or may in the future carry on business; taxation; controls, regulations and political or economic developments in
the countries in which New Gold does or may carry on business; the speculative nature of mineral exploration and development, including
the risks of obtaining and maintaining the validity and enforceability of the necessary licenses and permits and complying with
the permitting requirements of each jurisdiction in which New Gold operates; the lack of certainty with respect to foreign legal
systems, which may not be immune from the influence of political pressure, corruption or other factors that are inconsistent with
the rule of law; the uncertainties inherent to current and future legal challenges New Gold is or may become a party to; diminishing
quantities or grades of mineral reserves and mineral resources; competition; inherent uncertainties with cost estimates and estimated
schedule for the commencement of commercial production at Rainy River as contemplated; loss of key employees; rising costs of labour,
supplies, fuel and equipment; actual results of current exploration or reclamation activities; uncertainties inherent to mining
economic studies including the feasibility studies for the Rainy River project; changes in project parameters as plans continue
to be refined; accidents; labour disputes; defective title to mineral claims or property or contests over claims to mineral properties;
unexpected delays and costs inherent to consulting and accommodating rights of Indigenous groups; risks, uncertainties and unanticipated
delays associated with obtaining and maintaining necessary licenses, permits and authorizations and complying with permitting requirements.
In addition, there are risks and hazards associated with the business of mineral exploration, development and mining, including
environmental events and hazards, industrial accidents, unusual or unexpected formations, pressures, cave-ins, flooding and gold
bullion losses and risks associated with the start of production of a mine, such as Rainy River, (and the risk of inadequate insurance
or inability to obtain insurance to cover these risks) as well as "Risk Factors" included in New Gold's Annual Information
Form, MD&A and other disclosure documents filed on and available at www.sedar.com and on EDGAR at www.sec.gov. Forward-looking
statements are not guarantees of future performance, and actual results and future events could materially differ from those anticipated
in such statements. All of the forward-looking statements contained in this news release are qualified by these cautionary statements.
New Gold expressly disclaims any intention or obligation to update or revise any forward-looking statements whether as a result
of new information, events or otherwise, except in accordance with applicable securities laws.
SOURCE New Gold Inc.
View original content: http://www.newswire.ca/en/releases/archive/October2017/06/c5425.html
%CIK: 0000800166
For further information: Julie Taylor, Director, Corporate
Communications and Investor Relations, Direct: +1 (416) 324-6015, Email: info@newgold.com
CO: New Gold Inc.
CNW 07:30e 06-OCT-17
This regulatory filing also includes additional resources:
ex991.pdf
New Gold (AMEX:NGD)
Historical Stock Chart
From Mar 2024 to Apr 2024
New Gold (AMEX:NGD)
Historical Stock Chart
From Apr 2023 to Apr 2024