NGG

New Guinea Gold Corporation (TSX VENTURE:NGG)(FRANKFURT:NG8) (or the "Company")
announces that mining and processing at its Mt Sinivit operation is steadily
returning towards full production. NGG has been progressing through the normal
channels for the renewal of its main Mining Lease (ML122) and the associated
leases and Exploration Licenses. 


Due to the local Landowners' disunity that process has been repeatedly delayed.
NGG has now received formal advice from the Mineral Resource Authority (MRA)
that the Leases and Licenses remain in situ and that mining activities can
continue whilst the renewal process progresses. We have also been advised that
the Prime Minister has directed that the Leases and Licenses be renewed
forthwith. In doing so the PNG Government has flagged its desire for continuity
and recognized the value of foreign investment to the PNG economy. The Prime
Minister also complimented NGG and its associated entities for their long
association with PNG and their continuing commitment to working and investing in
the country. 


Acting CEO Greg Heaney commented "The Company is pleased with its progress
towards resuming full production following the recent interruption. We
appreciate the support we are receiving from the MRA and the Federal Government
through the renewal process and look forwards to the successful conclusion of
that exercise. We remain committed to working in PNG for the long-term
betterment of all stakeholders associated with the mine and the company".


For further information on this release or on other NGG projects such as the
Sinivit Gold Mine, please contact info@newguineagold.ca, or access our website -
www.newguineagold.ca.


ON BEHALF OF THE BOARD

Greg Heaney, ACTING CEO

Forward Looking Statements - Certain information set forth in this news release
may contain forward-looking statements that involve substantial known and
unknown risks and uncertainties. These forward-looking statements are subject to
numerous risks and uncertainties, certain of which are beyond the control of
NGG, including, but not limited to the impact of general economic conditions,
industry conditions, volatility of commodity prices, risks associated with the
uncertainty of resource and reserve estimates, currency fluctuations, dependence
upon regulatory approvals, the availability of future financing and exploration
risk. Readers are cautioned that the assumptions used in the preparation of such
information, although considered reasonable at the time of preparation, may
prove to be imprecise and, as such, undue reliance should not be placed on
forward-looking statements. 


A copy of the 43-101 compliant Technical Report by Mining Associates Pty Limited
("MA") was filed on SEDAR today. MA is an Australian based Mineral Resources
Consultancy which is independent of New Guinea Gold as defined in National
Instrument 43-101. Ian Taylor BSc (Hons), MAIG, MAusIMM(CP), who has over 17
years experience in the minerals industry served as the Independent Qualified
Person responsible for the preparation of the independent report in accordance
with NI 43-101.

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