Tuesday, August 19, 2014

New Colombia Resources Inc. Provides Update to Shareholders


Aug 19, 2014 (eTeligis.com via COMTEX) BOGOT, Colombia, via ETELIGIS INC., 08/19/2014 - New Colombia Resources, Inc. (OTCQB: NEWC) ( New Colombia or the Company ), a U.S. company with coal and other resource assets in Colombia, is pleased to update shareholders on the progress of their mining operations. As previously announced, New Colombia will develop a 1000 m3 per day rock quarry on their property while they bring coal operations online. The company originally expected to start quarry operations earlier this year, due to issues with a land purchase agreement, and a pending site visit, the initiation has been delayed for a few weeks. The company received notice from the local environmental authority of a site visit for September 13, 2014. New Colombia Resources believes it is in their best interest to begin gravel operations after this inspection. They expect this visit to be the final step in the approval of their coal mining permit. The company s Work Plan (PTO) was approved on D
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