New World Gold Corporation projects that in the first quarter of fiscal year 2014 based on the capacity of its mills, it will process 400 tons of ore per day based on 12 hour operational shifts with an average grade of 10 grams of gold per ton. The price of gold per oz during this period is projected to average $1250 per oz. It is the intention of the company to increase production by moving from one 12 hour shift per day to 20 hour shifts per day (using 2-10 hour shifts).

This will increase the amount of ore processed to 550 tons of ore per day with an average grade of 10 grams of gold per ton. The Company is anticipating a significant growth in the first quarter of the new fiscal year. The Company plans to bring on line another mill in the first quarter and to increase the amount of ore processed by contract milling.