NGG

New Guinea Gold Corporation ("NGG" or the "Company") (TSX VENTURE:NGG) is
providing this bi-weekly Default Status Report in accordance with National
Policy 12-203 - Cease Trade Orders for Continuous Disclosure Defaults ("NP
12-203"). On April 24, 2012, the Company announced (the "Default Notice") that,
for the reasons disclosed in the Default Notice, there would be a delay in the
filing of its audited financial statements for the year ended December 31, 2011
and its related Management's Discussion and Analysis and Chief Executive Officer
and Chief Financial Officer certifications for the year ended December 31, 2011
(collectively, the "Required Filings") beyond the 120 day period prescribed for
the filing of such documents. In addition, the Company announced that, until the
audit was completed, the Company would not be in a position to finalize its
unaudited financial statements for the three months ended March 31, 2012 and its
related Management's Discussion and Analysis and Chief Executive Officer and
Chief Financial Officer certifications (the "Interim Filings"). 


As a result of the delay in filing the Required Filings, on May 1, 2012, the
British Columbia Securities Commission (the "BCSC"), the principal regulator of
the Company, issued a management cease trade order (the "MCTO"), which imposed
restrictions on all trading in securities of the Company by the Chief Executive
Officer and the Chief Financial Officer of the Company until the Company files
the Required Filings and the BCSC makes an order revoking the MCTO. All other
parties are permitted to freely trade the Company's securities. 


The Company's auditors have now completed the audit of the Company's financial
statements for the year ended December 31, 2011. The Required Filings and the
Interim Filings have now been filed on SEDAR. Once the BCSC has reviewed the
filed documents it is expected that the MCTO and default status will be lifted.


Pursuant to the requirements of the Alternative Information Guidelines ("AIG")
of NP 12-203, the Company reports that, since the issuance of the Default Notice
and subsequent Default Status Reports on May 1, 2012, May 14, 2012, May 29, 2012
and June 11, 2012, except as stated in this Default Status Report, there has not
been any material change to the information provided therein, nor has there been
any failure by the Company in fulfilling its stated intentions with respect to
satisfying the AIG. In addition, there has not been any specified default by the
Company under NP 12-203 other than the delay in filing the Required Filings, and
there is no other material information concerning the affairs of the Company
that has not been generally disclosed.


ON BEHALF OF THE BOARD 

Greg Heaney, President, CEO and Director 

Forward-Looking Statements - Certain information set forth in this news release
contains forward-looking statements, including the timing of filing of NGG's
Annual Financial Filings. These forward looking statements involve substantial
known and unknown 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.

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