SOURCE: New World Gold Corporation

July 06, 2010 17:31 ET

New World Gold Corporation Completes New Website

BOCA RATON, FL--(Marketwire - July 6, 2010) -  New World Gold Corporation (PINKSHEETS: NWGC) is pleased to announce that its new website has been completed (www.newworldgoldcorp.com). The new site gives a comprehensive view of the activities of the Company and overall gold market. This website will help the investor keep track of the changes in the Company and get a better understanding of the gold market.

The price of gold continues to trend upward and is holding around $1200 an oz and has moved as high as $1260 per oz. The safe haven moves into precious metals will quickly translate into the precious metals mining shares as well.

On July 2, 2010 Greg McCoach of Wealth Daily said, "For the past 10 years, there has been no better place to put your money -- as far as performance goes -- than precious metal junior mining stocks."

New World Gold Corporation is an exploration company focused on exploration and development of gold prospects. The Company is continuing to expand its leases and gold reserves. With the current price of gold holding at $1200 per oz, that means that gold leases that were previously marginal are now economical. The Company's corporate strategy involves a long term result orientated approach to exploration and development.

New World Gold Corporation trades in the United States on the NQB Pink sheets under the symbol "NWGC". For further information contact the Company at (561) 692 9988 or www.newworldgoldcorp.com.

NOTE: Certain statements in this press release are "forward-looking statements" within the meaning of the Private Securities Act of 1995. Such statements involve known and unknown risks, uncertainties and other factors which 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.

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