Agoracom: Small Cap Investment - New Gold - Update: New Gold Up More Than 5% as Finishes Commercial Production Ahead of Schedule at Rainy River Mine

Dear Agoracom Family,

I want to thank all of you for your patience with us over the past 48 hours and apologize for what was admittedly a botched launch of our new site.

As you can see, we have reverted back to the previous version of the site while we address multiple forum functionality flaws that inexplicably made their way into the launch.

To this end:

1.We have identified 8 fundamental but easily fixable flaws that will be corrected in the coming week, so that you can continue to use the forums exactly as you've been accustomed to.

2.Additionally we will also be implementing a couple of design improvements to "tighten up" the look and feel of the forums.

Sincerely,

George et al

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Update: New Gold Up More Than 5% as Finishes Commercial Production Ahead of Schedule at Rainy River Mine

posted on Oct 20, 2017 10:03AM

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2017-10-20 09:51:24 AM ET (MT Newswires)

09:51 AM EDT, 10/20/2017 (MT Newswires) -- New Gold (NGD.TO) rose 5.6% Thursday to $4.71 apiece as its Rainy River Mine achieved commercial production, approximately two weeks ahead of schedule.

Chief Executive Officer Hannes Portmann said: "We are now focused on continuing to successfully ramp up the operation through the balance of the year."

In the first 30 days of operation, Rainy River has successfully processed approximately 457,000 tonnes of ore. Inclusive of four days of intentional downtime as part of the commissioning plan, the processing rate averaged 15,200 tonnes per day, or 72% of the 21,000 tonnes per day nameplate capacity.

In a statement, the company said that to date, both grade and recoveries have also been consistent with New Gold's commissioning plan.

Intermediate Gold Producer

Update: New Gold Up More Than 5% as Finishes Commercial Production Ahead of Schedule at Rainy River Mine