SOURCE: New World Gold Corporation

February 26, 2013 07:00 ET

New World Gold Corporation to Begin Shipping Gold on Export Permit From Subsidiary

BOCA RATON, FL--(Marketwire - Feb 26, 2013) - New World Gold Corporation (PINKSHEETS: NWGC), a gold mining company with existing operations in Ecuador and Peru, today announced that it will begin exporting 50 kilos (1500 oz.) of gold per month starting April 2013 as a result of the export permit its subsidiary has been awarded.

The Company's subsidiary currently is producing 45 oz. of gold. In order to ship the 50 kilos (1500 oz.) per month the company will combine production from other operations to reach the necessary export levels. As the Company begins processing ore from other producers in its mills on a consistent level, the Company will increase the export levels. The modifications and upgrades that the Company has made on its mills allows for the immediate processing of the ore.

New World Gold Corporation trades in the United States on the OTC Pink under the symbol "NWGC." For further information, please contact the Company at (561) 210 8496 or www.newworldgoldcorp.com or investors can find real time quotes and market information for the company on www.otcmarkets.com.

NOTE: This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 involving risks and uncertainties. Results, events and performances could vary from those contemplated. These statements involve risks and uncertainties which may cause actual results, expressed or implied, to differ from predicted outcomes. Risks and uncertainties include but are not limited to product demand, market competition and New World Gold's ability to meet current and future plans. Investors should study and understand all risks before making an investment decision. New World Gold is not obligated to publicly release revisions to any forward-looking statement, to reflect events or circumstances afterward, or to disclose unanticipated occurrences except as required under applicable law.

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