New Gold Agrees to acquire Silver Quest Resources Ltd. consolidates ownership of Blackwater project in British Columbia

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Oct. 17, 2011) - New Gold Inc. ("New Gold") (TSX:NGD)(NYSE Amex:NGD) and Silver Quest Resources Ltd. ("Silver Quest") (TSX VENTURE:SQI) today jointly announce a binding letter agreement whereby New Gold will acquire, through a plan of arrangement...