12m at 42.15g/t gold in trench (including 4m at 118.5g/t gold) and 16m at
7.58g/t gold (including 2m at 42.9g/t gold) in drill hole at Sinivit Mine

    
    Trading Symbols: TSX-V: NGG
    Frankfurt: NG8.FSE
    Web Site: www.newguineagold.ca
    

VANCOUVER, March 31 /CNW/ - As noted in a Press Release dated February 23, 2010, New Guinea Gold Corporation (NGG) re-commenced exploration at the Sinivit Gold Project in early 2010. Drilling has focused on defining extensions to the Northern Oxide Pit and trenching on defining extensions to the Central Oxide Pit and the Kavursuki Prospect (actually a north east extension of the Sinivit system). All programs have been successful to date - defining extensions to both the Central and Northern Oxide Pits, and defining potentially mineable mineralisation at Kavursuki. The Kavursuki program is ongoing and RC drill testing of the oxide mineralisation will commence in the near future.

It is also noted in the February 23, 2010 release that NGG plans to complete a 3D Induced Polarisation Survey at Sinivit and surrounding areas to target larger bodies of sulphide (copper/gold/silver/tellurium) mineralisation at depth below the oxide gold mineralisation, in lateral zones and along strike. The extent of the survey is shown in a figure in the February 23, 2010 News Release.

This survey is now expected to commence in mid April and will take about one month to complete.

The results of the trenching and drilling programs to date are summarised below with all results and location data shown in the accompanying tables.

Trenching

At the Central Oxide pit west wall, a 78m long channel sample in the west wall of the pit yielded the following results:

    
    -------------------------------------------------------------------------
    From                   To          Length          Gold    Cut off Grade
    (m)                    (m)           (m)           (g/t)            (g/t)
    -------------------------------------------------------------------------
              42            70            28           19.42             0.5
    -------------------------------------------------------------------------
    including 42            54            12           42.15             1.5
    -------------------------------------------------------------------------
    and       48            52             4           118.5           110.0
    -------------------------------------------------------------------------
    -------------------------------------------------------------------------
    

These results suggest previously undefined mineralisation extends beyond the north and western limits of the pit. The true width of the above zone is estimated at 15 to 20m.

At Kavursuki, approximately 700 linear metres of trenching has been completed over a strike length of the mineralised zone of some 500 metres. A further 500m remains to be tested. The better results are shown below.

    
    -------------------------------------------------------------------------
    Trench       From          To         Length        Gold   Cut Off Grade
      No          (m)          (m)         (m)          (g/t)           (g/t)
    -------------------------------------------------------------------------
    3             36           40           4           9.41             2.0
    -------------------------------------------------------------------------
    4             26           30           4          13.72             0.5
    -------------------------------------------------------------------------
    5              2           20          18           2.06             0.5
    -------------------------------------------------------------------------
    6              0            8           8           2.30             0.5
    -------------------------------------------------------------------------
    -------------------------------------------------------------------------
    

All of the above widths approximate true width.

Drilling

The NEGC designated drill holes all represent extensions to originally defined mineralisation at the Northern Oxide Zone.

    
    -------------------------------------------------------------------------
    Hole         From          To         Length        Gold   Cut Off Grade
     No           (m)          (m)         (m)          (g/t)           (g/t)
    -------------------------------------------------------------------------
    NEGC004        6           16           8           2.17             1.5
    -------------------------------------------------------------------------
    NEGC007        0            6           6           3.68             0.5
    -------------------------------------------------------------------------
    NEGC009        0            5           6           2.06             0.5
    -------------------------------------------------------------------------
    NEGC013        0           16          16           9.58             0.5
    -------------------------------------------------------------------------
    including      2            8           6          18.70             5.0
    -------------------------------------------------------------------------
    and            4            6           2          42.90            40.0
    -------------------------------------------------------------------------
    

True width of these intersections is uncertain.

Bob McNeil, CEO and Chairman commented: "the above trenching and drilling confirms increased oxide resources (of uncertain tonnage) at Sinivit in the Central and Northern Oxide areas. The Kavursuki trenching has defined a continuous zone of higher grade mineralisation within a wide, 50 to 70m, zone of silicification that averages 0.1 to 0.5g/t gold. The main higher grade zone averages 4m to 16m in width and represents at surface significant oxide mineralisation that will be able to be treated through the present Sinivit plant.

Sinivit Central Oxide Zone (pit west wall) Trench Samples

    
    -------------------------------------------------------------------------
               AMG       AMG                                          Cutoff
    Trench  Northing   Easting     From     To    Length   Gold        grade
      No.      (m)        (m)       (m)     (m)     (m)    (g/t)   (gold g/t)
    -------------------------------------------------------------------------
    COX 1    9488864    394245      12      14       2      0.63         0.5
    -------------------------------------------------------------------------
    COX 1    9488867    394246      16      18       2      0.53         0.5
    -------------------------------------------------------------------------
    COX 1    9488886    394253      42      70      28     19.42         0.5
    -------------------------------------------------------------------------
    COX 1    9488888    394254      42      54      12     42.15         1.5
    -------------------------------------------------------------------------
    COX 1    9488889    394254      48      52       4    118.50       110.0
    -------------------------------------------------------------------------
    COX 1    9488895    394260      56      58       2      8.01         8.0
    -------------------------------------------------------------------------
    COX 1    9488899    394262      60      68       8      2.27         1.0
    -------------------------------------------------------------------------
    COX 1    9488910    394266      72      76       4      1.05         0.5
    -------------------------------------------------------------------------
    COX 1    9488911    394268      74      76       2      1.26         1.0
    -------------------------------------------------------------------------
    

Kavursuki Trench Samples

    
    -------------------------------------------------------------------------
               AMG       AMG                                          Cutoff
    Trench  Northing   Easting     From     To    Length   Gold        grade
      No.      (m)        (m)       (m)     (m)     (m)    (g/t)   (gold g/t)
    -------------------------------------------------------------------------
    tr 2     9490539    395092      28      32       4      1.33         0.5
    -------------------------------------------------------------------------
    tr 2     9490544    395082      42      44       2      0.91         0.5
    -------------------------------------------------------------------------
    tr 3     9490522    395046       0       2       2      1.19         1.0
    -------------------------------------------------------------------------
    tr 3     9490507    395046      16      18       2      7.31         7.0
    -------------------------------------------------------------------------
    tr 3     9490490    395042      32      34       2      1.73         1.5
    -------------------------------------------------------------------------
    tr 3     9490486    395042      36      40       4      9.41         2.0
    -------------------------------------------------------------------------
    tr 3     9490485    395042      38      40       2     16.55        16.0
    -------------------------------------------------------------------------
    tr 4     9490497    395051      16      18       2      0.65         0.5
    -------------------------------------------------------------------------
    tr 4     9490488    395049      26      30       4     13.72         0.5
    -------------------------------------------------------------------------
    tr 4     9490488    395049      26      28       2     26.50        25.0
    -------------------------------------------------------------------------
    tr 5     9490484    395017       2      20      18      2.06         0.5
    -------------------------------------------------------------------------
    tr 5     9490482    395017       4      20      16      2.24         1.0
    -------------------------------------------------------------------------
    tr 6     9490454    394965       0       8       8      2.30         0.5
    -------------------------------------------------------------------------
    tr 6     9490456    394965       2       4       2      5.56         5.0
    -------------------------------------------------------------------------
    tr 7     9490467    394956       2       4       2      0.94         0.5
    -------------------------------------------------------------------------
    tr 7     9490441    394928      42      44       2      0.68         0.5
    -------------------------------------------------------------------------
    tr 7     9490438    394923      48      50       2      0.69         0.5
    -------------------------------------------------------------------------
    tr 7     9490423    394911      68      70       2      0.63         0.5
    -------------------------------------------------------------------------
    tr 7     9490419    394910      72      80       8      1.76         0.5
    -------------------------------------------------------------------------
    tr 7     9490419    394910      72      78       6      2.15         1.5
    -------------------------------------------------------------------------
    tr 8     9490386    394925       0       2       2      0.65         0.5
    -------------------------------------------------------------------------
    

Sinivit Drilling Results

    
    -------------------------------------------------------------------------
    Hole         From          To         Length        Gold   Cut Off Grade
     No           (m)          (m)         (m)          (g/t)      (gold g/t)
    -------------------------------------------------------------------------
    NGC0161        0            2           2           1.51             1.5
    -------------------------------------------------------------------------
                   0            6           6           0.97             0.5
    -------------------------------------------------------------------------
                   8           10           2           1.10             1.0
    -------------------------------------------------------------------------
    NGC0162        0            4           4           1.08             0.5
    -------------------------------------------------------------------------
    NGC0163        0            2           2           1.81             1.5
    -------------------------------------------------------------------------
    NGC0164       20           22           2           2.16             2.0
    -------------------------------------------------------------------------
    NGC0165                     No assays greater than 0.5g/t
    -------------------------------------------------------------------------
    NGC0166        0            2           2           0.76             0.5
    -------------------------------------------------------------------------
                  16           20           4           0.82             0.5
    -------------------------------------------------------------------------
    NGC0167        0            2           2           0.54             0.5
    -------------------------------------------------------------------------
                  16           18           2           0.73             0.5
    -------------------------------------------------------------------------
    NGC0168        2            4           2           1.01             1.0
    -------------------------------------------------------------------------
                   6            8           2           2.23             2.0
    -------------------------------------------------------------------------
    NGC0169        0            2           2           2.24             2.0
    -------------------------------------------------------------------------
    NGC0170       18           20           2           3.61             3.0
    -------------------------------------------------------------------------
                  18           22           4           2.23             0.5
    -------------------------------------------------------------------------
    NGC0171                     No assays greater than 0.5g/t
    -------------------------------------------------------------------------
    NGC0172        2            4           2           0.58             0.5
    -------------------------------------------------------------------------
    NGC0173                     No assays greater than 0.5g/t
    -------------------------------------------------------------------------
    NGC0174                     No assays greater than 0.5g/t
    -------------------------------------------------------------------------
    NGC0175                     No assays greater than 0.5g/t
    -------------------------------------------------------------------------
    NGC0176        0            4           4           0.77             0.5
    -------------------------------------------------------------------------
    NGC0177                     No assays greater than 0.5g/t
    -------------------------------------------------------------------------
    NGC0178                     No assays greater than 0.5g/t
    -------------------------------------------------------------------------

    -------------------------------------------------------------------------
    NEGC001       14           16           2           4.33             4.0
    -------------------------------------------------------------------------
    NEGC002       16           18           2           1.78             1.5
    -------------------------------------------------------------------------
                  16           20           4           1.19             0.5
    -------------------------------------------------------------------------
    NEGC003       10           12           2           0.69             0.5
    -------------------------------------------------------------------------
                  14           18           4           1.34             0.5
    -------------------------------------------------------------------------
    NEGC004        8           16           8           2.17             1.5
    -------------------------------------------------------------------------
                  20           22           2           1.08             1.0
    -------------------------------------------------------------------------
    NEGC005        6           10           4           2.78             1.5
    -------------------------------------------------------------------------

    -------------------------------------------------------------------------
    NEGC006        2           10           8           0.75             0.5
    -------------------------------------------------------------------------
    NEGC007        0            6           6           3.68             0.5
    -------------------------------------------------------------------------
                   0            2           2           9.14             9.0
    -------------------------------------------------------------------------
    NEGC008        4            8           4           1.86             0.5
    -------------------------------------------------------------------------
    NEGC009        0            4           4           2.73             1.5
    -------------------------------------------------------------------------
                   0            6           6           2.06             0.5
    -------------------------------------------------------------------------
    NEGC010       14           16           2           0.67             0.5
    -------------------------------------------------------------------------
    NEGC011        0            2           2           2.05             2.0
    -------------------------------------------------------------------------
    NEGC012        0            2           2           4.85             4.0
    -------------------------------------------------------------------------
                   0            8           8           1.71             0.5
    -------------------------------------------------------------------------
                  12           14           2           1.18             1.0
    -------------------------------------------------------------------------
    NEGC013        0           16          16           7.58             0.5
    -------------------------------------------------------------------------
                   2            8           6          18.70             5.0
    -------------------------------------------------------------------------
                   4            6           2          42.90            40.0
    -------------------------------------------------------------------------
    NEGC014        4            8           4           1.29             0.5
    -------------------------------------------------------------------------
    

Sinivit Hole Location Data

    
    -------------------------------------------------------------------------
                Collar Co-Ordinates
              -----------------------
    Hole No.   Easting      Northing        Azimuth     Inclination    Depth
                  (m)          (m)         (degrees)     (degrees)        (m)
    -------------------------------------------------------------------------
    NGC0161     394498       9489447           0            -90           30
    -------------------------------------------------------------------------
    NGC0162     394499       9489444           0            -90           30
    -------------------------------------------------------------------------
    NGC0163     394504       9489445           0            -90           30
    -------------------------------------------------------------------------
    NGC0164     394510       9489448           0            -90           30
    -------------------------------------------------------------------------
    NGC0165     394516       9489452           0            -90           30
    -------------------------------------------------------------------------
    NGC0166     394521       9489455           0            -90           30
    -------------------------------------------------------------------------
    NGC0167     394527       9489460           0            -90           30
    -------------------------------------------------------------------------
    NGC0168     394533       9489463           0            -90           30
    -------------------------------------------------------------------------
    NGC0169     394534       9489457           0            -90           30
    -------------------------------------------------------------------------
    NGC0170     394527       9489464           0            -90           30
    -------------------------------------------------------------------------
    NGC0171     394540       9489453           0            -90           30
    -------------------------------------------------------------------------
    NGC0172     394525       9489481           0            -90           30
    -------------------------------------------------------------------------
    NGC0173     394529       9489477           0            -90           30
    -------------------------------------------------------------------------
    NGC0174     394526       9489468           0            -90           30
    -------------------------------------------------------------------------
    NGC0175     394535       9489475           0            -90           30
    -------------------------------------------------------------------------
    NGC0176     394534       9489471           0            -90           30
    -------------------------------------------------------------------------
    NGC0177     394539       9489468           0            -90           30
    -------------------------------------------------------------------------
    NGC0178     394545       9489465           0            -90           30
    -------------------------------------------------------------------------

    -------------------------------------------------------------------------
    NEGC001     394611       9489533           0            -90           30
    -------------------------------------------------------------------------
    NEGC002     394611       9489540           0            -90           30
    -------------------------------------------------------------------------
    NEGC003     394617       9489537           0            -90           30
    -------------------------------------------------------------------------
    NEGC004     394623       9489541           0            -90           30
    -------------------------------------------------------------------------
    NEGC005     394623       9489535           0            -90           30
    -------------------------------------------------------------------------
    NEGC006     394629       9489538           0            -90           30
    -------------------------------------------------------------------------
    NEGC007     394635       9489535           0            -90           30
    -------------------------------------------------------------------------
    NEGC008     394634       9489542           0            -90           30
    -------------------------------------------------------------------------
    NEGC009     394641       9489539           0            -90           30
    -------------------------------------------------------------------------
    NEGC010     394648       9489537           0            -90           30
    -------------------------------------------------------------------------
    NEGC011     394660       9489538           0            -90           30
    -------------------------------------------------------------------------
    NEGC012     394654       9489540           0            -90           30
    -------------------------------------------------------------------------
    NEGC013     394639       9489544           0            -90           30
    -------------------------------------------------------------------------
    NEGC014     394630       9489543           0            -90           30
    -------------------------------------------------------------------------
    

All RC Drill samples are partly prepared at site by splitting to 500 grams. Further preparation and analysis is completed at accredited laboratory, ALS Chemex laboratories, in Townsville, Queensland, Australia.

Trench samples are continuous channel samples, each two metres long and comprised of approximately 5kgs of sample. Samples are partly prepared on site by crushing and splitting to approximately 500 grams. Further preparation is completed at accredited laboratory, ALS Chemex laboratories, in Townsville, Queensland, Australia.

The information in this release was prepared under the direction of Robert D. McNeil a Fellow of the Australasian Institute of Mining and Metallurgy and a "qualified person" as defined by National Instrument 43-101. Mr McNeil has read and approves the information contained herein.

Full details of the Sinivit Mine are described in an Independent Nl 43-101 report dated January 2006 which is available at www.newguineagold.ca and in its recent Press Releases.

    
    ON BEHALF OF THE BOARD

    R.D. McNeil
    CHAIRMAN & CEO
    

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.

SOURCE NEW GUINEA GOLD CORPORATION

For further information: For further information: on this release or on other NGG projects such as the Sinivit Gold Mine, contact Forbes West toll free at (888) 655-5532, email forbes@sherbournegroup.ca or Judith O'Quinn at (604) 662-3598 or access our website - www.newguineagold.ca

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NEW GUINEA GOLD CORPORATION

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