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NEW GOLD ANNOUNCES MINE LIFE EXTENSION AT BOTH NEW AFTON AND RAINY RIVER; OUTLINES STRONG FREE CASH FLOW PROFILE OVER NEXT THREE YEARS

1. New Gold provides a three-year operational outlook for its mines. 2. Technical Reports filed may enhance investor confidence and transparency.

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FAQ

Why Bullish?

The positive three-year outlook suggests growth, likely attracting investors. Historical examples show clear operational forecasts typically boost stock prices in the mining sector.

How important is it?

The details regarding future operations and transparency in reporting are critical for valuation and investment interest.

Why Long Term?

The operational outlook signals long-term stability, which influences investor decisions over time. Past mining forecasts often correlate with sustained price increases over multiple quarters.

Related Companies

Provides Three-Year Operational Outlook and Files Updated Technical Reports for New Afton and Rainy River Mines (All amounts are in U.S. dollars unless otherwise indicated) TORONTO , Feb. 12, 2025 /PRNewswire/ - New Gold Inc. ("New Gold" or the "Company") (TSX: NGD) (NYSE American: NGD) is pleased to provide its three-year operational outlook and announces the filing of Technical Reports for the New Afton and Rainy River mines. The Technical Reports were prepared in compliance with National Instrument 43-101 ("NI 43-101").

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