NWGC New World Gold Corp (CE)

New World Gold Corporation (PINKSHEETS: NWGC) previously announced on May 7, 2011 that it acquired a second gold mill in Northern Peru. The leases associated with the mill have proven producing gold reserves with existing gold production. The Company is currently upgrading the gold reserves on the leases. Currently the mill has the capability to process 40 tonnes per day. The Company is upgrading the mill from its previous capacity of 40 tonnes per day to 150 tonnes per day. In addition to processing its own ore, the Company has approached other gold producers in the area without milling capabilities to purchase their ore. Testing of the ore available for processing shows that the ore will have a test grade (gold per tonne in ounces) of 1.2 ounces of gold per tonne. Projections and testing show that based on the schedule of the renovations upgrading capacity of the mill, that the mill will produce 20 to 22 ozs of gold per day within 45 days and 45 to 55ozs of gold within 120 days. Once all renovations are completed the Company expects that this mill will produce 100 ounces of gold per day.

The fact that NWGC has its own milling capability, gives it a significant advantage over other companies who cannot mill their own ore. NWGC can process its own reserves and generate cash flow, while at the same time purchasing ore from other mines and generating a secondary cash flow from other sources.

New World Gold Corporation will continue to look for opportunities that will allow the Company to grow by increasing its proven reserves, production capability and cash flow. The Company trades in the United States on the NQB Pink Sheets under the symbol "NWGC." For further information please call 561-210-8496 or www.newworldgoldcorp.com.

NOTE: Certain statements in this press release are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933,as amended, and Section 21E of the Securities Exchange Act of 1934 and within the meaning of the Private Securities Act of 1995. Such statements involve known and unknown risks, uncertainties and other factors that may cause results to differ materially. Such risks, uncertainties and other factors include but are not limited to new economic conditions and factors described in independent reports, company reports and other filings with regulatory bodies.

For further information: New World Gold Corporation 561-210-8496 www.newworldgoldcorp.com