New World Resource Corp.
TSX VENTURE : NW

New World Resource Corp.

September 15, 2005 16:52 ET

New World Receives La Juliana Drill Results

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Sept. 15, 2005) - New World Resource Corp. (TSX VENTURE:NW) -

The Company has now received the results of its initial drill program on the 701 hectare La Juliana gold prospect in the state of Sonora, Mexico. 21 drill holes were completed, comprising 2,338 meters - 1,823 meters (16 holes) of reverse circulation drilling and 515 meters (5 holes) of diamond drilling.

The drilling is the culmination of an extensive exploration program of the La Juliana property, which began in November 2004. Over the past 10 months, the Company has undertaken a comprehensive geophysical, geochemical and geological investigation of the property, including 1,387 soil samples over 37.9 line kilometres, 26 line kilometres of three-dimensional induced polarization geophysical testing, 1,015 meters of trenching, 544 channel samples, 103 chip and grab samples, 23 test pit samples. A separate, airborne geophysical survey of the property was also completed by Newmont Mining Corporation, during this time.

Drill Results

From this work numerous geophysical, geochemical and geological targets within five discrete zones were identified and drill tested. All of the results have now been received. Representative intersections, using a 0.50 g/t Au cut-off, are listed below.



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Drill hole From (m) To (m) Interval (m) Au g/t
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RC05-J01 No significant results
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DH05-J02 0.70 3.94 3.24 1.47
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6.50 8.00 1.50 7.50
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12.95 13.50 0.55 3.38
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RC05-J03 No significant results
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RC05-J04 No significant results
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DH05-J05 55.50 56.25 0.75 0.55
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RC05-J06 15.24 19.81 4.57 1.90
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27.43 28.96 1.53 0.99
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48.77 53.34 4.57 0.88
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RC05-J07 No significant results
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RC05-J08 No significant results
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RC05-J09 No significant results
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DH05-R10 No significant results
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RC05-J11 56.39 59.44 3.05 0.72
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77.72 88.39 10.67 0.55
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RC05-R12 59.44 65.53 6.09 1.04
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DH05-R13 38.00 39.00 1.00 0.57
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RC05-J14 18.29 21.34 3.05 1.34
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DH05-R15 119.20 119.50 0.30 0.90
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RC05-J16 22.86 24.38 1.52 0.85
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RC05-R17 No significant results
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RC05-C18 16.76 21.30 4.54 0.58
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48.77 51.82 3.05 1.83
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71.63 73.15 1.52 1.38
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RC05-C19 115.83 117.35 1.52 0.93
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RC05-M20 No significant results
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RC05-C21 No significant results
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Geological Interpretation

The property is underlain by a series of volcanic rocks, ranging from feldspar prophyritic andesitic to dacitic flows overlain by lithic and locally stratified dacitic volcanoclastics to a dacitic crystal tuff and covered by younger rhyolitic tuffs. The older andesitic to dacitic volcanic units display multiple brecciation and silification alteration events, characterized by numerous crosscutting stockwork of quartz, pyrite or hematite/goethite and prochlorite filled veinlets, generally less than 3 mm in width. These units also occasionally display open space vugs filled with crystalline quartz and pyrite or hematite/geothite.

The Ranchito zone contains up to 10% disseminated pyrite in altered rock to 15% localized along quartz filled fractures, while other zones exhibit casts of remnant cubic pyrite as disseminations or in fractures. The area appears to be initially influenced by a high sulphidation system and was later overprinted by a low sulphidation alteration event. Gold is found to be localized along fractures within intensely silica altered dacitic volcaniclastics and tuffs. Mineralization associated with the gold, varies from hematite/geothite filled fractures throughout the property to a bright green prochlorite at the main La Juliana showings. Anomalous gold values were associated with areas of high pyrite content in the Ranchito zone.

Quality Control and Assurance

The intra-lab standards, blanks and replicates were augmented by unmarked blanks, replicates and by aliquots of four geological standards acquired by New World. Unmarked checks (standards, blanks and duplicates) were inserted into the numbered sample sequence, and represents approximately 5% of the total samples. Under the supervision of the project geologist, sample bags were sealed and stored, pending secured transport for analysis. All samples, including drill core and reverse circulation samples were analyzed for 36 elements using an ICP mass spectrometer at ACME Analytical Laboratories Ltd. of Vancouver.

Exploration work was conducted under the supervision of Joan McCorquodale, P.Geo, Vice President, Exploration who was the qualified person, as defined in NI 43-101, on the project and is responsible for the preparation of the information contained in this news release.

Moving Forward

La Juliana is situated in a highly-prospective geological setting and the persistence of visible gold at surface provided considerable encouragement. The objective of the Company's work program at La Juliana was to identify a bulk-tonnage gold target related to the areas of high-grade surface outcrop. Unfortunately, the results of the program have not achieved this objective. Management is completing its review of these results and will provide guidance shortly as to its future plans at La Juliana.

Separately, the Company is awaiting results from its recently-completed drill program in the Yukon and will report those results when they are available.

The Company has approximately $1,400,000 in treasury, after all expenses related to these two drill programs, and a strong geological team and infrastructure. New project generation has been a priority over the last six months and confidentiality agreements have been signed with major industry contacts. The Company's geological team is presently assessing a short list of projects that meet its criteria and have the potential to advance the Company's goal of becoming a multi-project mining exploration company, focused on the Americas.

NEW WORLD RESOURCE CORP.

John Lando, President

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

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