NEW ISLAND RESOURCES INC.
TSX VENTURE : NIS

NEW ISLAND RESOURCES INC.

March 03, 2008 11:27 ET

New Island Reports on Advisory Board Appointments

ST. JOHN'S, NEWFOUNDLAND AND LABRADOR--(Marketwire - March 3, 2008) - New Island Resources Inc. (New Island)(TSX VENTURE:NIS) of St. John's, NL is pleased to announce the appointment of Dr. Stephen J. Piercey (Ph.D., P.Geo), and Mr. Baxter F. Kean (M.Sc., P.Geo) to its Advisory Board. The Advisory Board will provide to the Board of Directors and management, industry perspective, overview and recommendations relating to the company's projects and direction.

Dr. Piercey received his M.Sc. in Economic Geology and Igneous Petrology from Memorial University of Newfoundland, and his Ph.D. in Economic Geology and Lithogeochemistry from the Mineral deposits Research Unit, University of British Columbia. Dr. Piercey has been professor and researcher in the Mineral Deposit Research Unit (MDRU), Department of Earth Sciences, Laurentian University since graduating in 2001. Dr. Piercey has over 10 years experience in regional and thematic mapping, stratigraphic and alteration studies, metallogeny (including volcanogenic massive sulphides and orogenic gold) and tectonics. He also has had his own consulting business since 2006. He has over 110 publications, abstracts, reports, and contributions. Dr. Piercey has also received numerous national and international awards, including the William Harvey Gross Medal (GAC) and the Waldemar Lindgren Medal (SEG).

Mr. Kean received both his B.Sc. and M.Sc. in Geology from the Department of Earth Sciences, Memorial University of Newfoundland. Mr. Kean has over 40 years in geology and mineral deposit studies. Mr. Kean worked with the Geological Survey of Newfoundland and Labrador, Government of Newfoundland and Labrador for 33 years as a project geologist and manager, and has been providing consulting services since his retirement in 2005. Mr. Kean has had a varied career including regional mapping, mineral deposit studies and client services. He has over 80 publications, abstracts and government reports and maps to his credit. Mr. Kean has received a number of awards and recognitions throughout his career, and is an active member and volunteer with local and national organizations and societies.

The company is pleased and honoured to be able to attract these gentlemen to its Advisory Board and to be able to draw upon their valuable insight, experience and expertise as it advances its various mineral projects in Newfoundland and Labrador.

About New Island:

New Island is a mineral exploration and development company having properties on the island of Newfoundland and in Labrador. In addition to the Pine Cove gold property, which is scheduled to come into production during the current month, it holds the large advanced Glover Island gold property in Newfoundland currently on option to Crew Gold Corporation which has committed to expend $5,000,000 in exploration expenditures over five years to earn a 60% interest. The Company also holds gold mineral claims adjacent to the Nugget Pond mill on the Baie Verte Peninsula and significant land holdings in the Sims Basin area of Labrador which are prospective for uranium. Through its investment in Prominex Resource Corp. it holds an interest in the advanced Tulks Hill base metal property south of Buchans in central Newfoundland.

Additional information on the company and its properties can be viewed at www.newislandresources.com

Statements contained in this release that are not historical facts are forward-looking statements, which involve known and unknown risks and uncertainties not under the company's control, which may cause actual results, performance or achievements of the company to be materially different from the results, performance or expectations implied by these forward-looking statements.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

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