New Guinea Gold Corporation

Published : June 21st, 2011

New Guinea Gold Corporation Announces Management Changes

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PRESS RELEASE
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New Guinea Gold Corporation Announces Management Changes
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Vancouver, June 21, 2011. New Guinea Gold Corporation (�New Guinea Gold� or the �Company�) announces that Mr. Robert McNeil has stepped down as Acting Chief Executive Officer effective June 1, 2011. He will continue to advise the company as a consultant until the end of July. The Board of Directors wishes to thank Mr McNeil for his many years of commitment to the development of the company and for assuming the role of interim CEO during the transitional period after announcement of his retirement.

The Board continues the search for a new Chief Executive Officer and is confident that the transition of senior management will be completed shortly. In the meantime, Mr. Ces Iewago, Chairman of the Board of Directors, will assume the role of Acting CEO pending a further announcement in the near future.

The Company also announces that Mr. Wayne Johnston has resigned his statutory position as COO to focus his efforts in the role of General Manager of the Sinivit Gold project.

About New Guinea Gold Corporation
New Guinea Gold is a premier junior explorer and miner in Papua New Guinea, with direct and indirect interests in eight gold and two porphyry copper-gold-molybdenum properties. With 90,000 + metres of drilling completed, gold or copper-gold-molybdenum mineralization has been discovered on all of the properties. The Company's premier property, the Sinivit Mine, has been producing gold since August 2007. The Company is focused on expanding the exploration program, increasing production from the mine and developing the gold, copper and tellurium resources.


ON BEHALF OF THE BOARD

Director
Colin McKenzie

__________________________________________________________________________________________________________________

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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.
 
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Data and Statistics for these countries : Guinea | New Guinea | Papua New Guinea | All
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New Guinea Gold Corporation

PRODUCER
CODE : NGG.V
ISIN : CA6449021089
CUSIP : 644902108
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New Guinea Gold is a gold producing company based in Canada.

New Guinea Gold develops gold and silver in Papua New Guinea, and holds various exploration projects in Papua New Guinea.

Its main asset in production is SINIVIT in Papua New Guinea, its main asset in development is NORMANBY (IMWAUNA) in Papua New Guinea and its main exploration properties are FENI PROPERTY, MT. PENCK, SIMUKU, ALLEMATA, FERGUSSON, CRATER MOUNTAIN, SEHULEA (WEIOKO) and MT. NAKRU in Papua New Guinea.

New Guinea Gold is listed in Canada, in Germany and in United States of America. Its market capitalisation is CA$ 1.7 millions as of today (US$ 1.5 millions, € 1.2 millions).

Its stock quote reached its highest recent level on December 31, 2004 at CA$ 0.96, and its lowest recent point on October 02, 2014 at CA$ 0.01.

New Guinea Gold has 334 010 016 shares outstanding.

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