NewWest Gold Corporation Identifies new gold mineralization zone at Abel Knoll



    LAKEWOOD, CO, March 5 /CNW/ - NewWest Gold Corporation (TSX:NWG)
("NewWest") announced today that Phase Two drilling at its Abel Knoll
discovery at the Sandman Project in Humboldt County, Nevada expanded a
previously identified mineralized zone and discovered a new zone of
mineralization to the east-northeast. NewWest's Phase Two drilling program
followed a discovery of high-grade gold mineralization at Abel Knoll disclosed
on October 16, 2006.
    The Phase Two drilling program included 25 reverse circulation (RC)
rotary holes with a total of 12,665 feet of drilling at Abel Knoll. The Abel
Knoll drill holes were part of a US$1.2 million project-wide drilling program
to test district exploration targets and to expand mineralization at three of
the deposits at Sandman, including North Hill, Silica Ridge, and Southeast
Pediment.
    The Phase Two drilling program advanced the Abel Knoll target to a
deposit with a quantifiable resource and significant upside potential.
    "The presence of multiple and seemingly continuous high-grade zones in
two holes (AK06-2 and AK06-23) is especially promising," said Steve Alfers,
President and Chief Executive Officer. "The new discovery just to the
east-northeast represents an exciting opportunity to add substantial size to
the gold mineralization at Abel Knoll."
    Phase Two results for Abel Knoll and a map of the drill-hole locations
are available on the News page of NewWest's website at www.newwestgold.com.
Reported average gold grades are based on a 0.010 0z Au/ton cutoff.

    Abel Knoll Phase Two Drill Program Objectives

    NewWest designed the Abel Knoll Phase Two drilling program to test the
extent of the mineralization identified in the two exploration holes drilled
during the Phase One drilling program. As reported on October 16, 2006, both
Phase One drill holes intercepted gold mineralization. Hole AK06-2 encountered
420 feet of continuous gold mineralization from 245 to 655 feet with an
average grade of 0.087 oz Au/ton. This interval includes two higher grade
zones of 0.397 oz Au/ton between 350 and 375 feet and 0.192 oz Au/ton between
535 and 635 feet. The Phase Two step-out drilling near AK06-2 substantially
defined the shape of this mineralized zone which remains open to the
northwest. The Phase Two program also tested an inferred structural trend to
follow-up the mineralization encountered in AK06-1, which contained two
low-grade intervals.

    Phase Two Drilling Defines Pipe-Shaped Mineralized Zone and Discovers New
Zone of Mineralization

    Twenty-one of the Phase Two drill holes were located to determine the
size and geometry of the AK06-2 mineralized zone. Drilling results reveal a
steeply-dipping, pipe-shaped mineralized body that is roughly 400-feet long in
an east-west direction, 150-feet wide in a north-south direction, and 600 feet
deep. Table 1 shows selected mineralized intervals in several of the drill
holes that tested this pipe-shaped body.
    Vertical hole AK06-18 encountered 325 feet with an average grade of
0.035 oz Au/ton. This hole was lost in mineralization due to bad ground
conditions at a depth of 460 feet. Angle hole AK06-23 was drilled to a depth
of 650 feet; however, assay results are only reported to a depth of 480 feet.
Fire assays indicate that the remainder of the hole from 480 to 650 feet is
mineralized with local high-grade intervals. Because this mineralization
occurs below a 1.8 oz Au/ton interval at a depth of 440 to 445 feet, there is
a concern that some of the higher grades below this interval could be related
to contamination. NewWest intends to verify these assay results with a core
hole before the RC results are released.
    Four of the Phase Two drill holes tested an inferred structural trend
near AK06-1. All four holes encountered mineralization and discovered a new
mineralized zone that may be related to an apparent east-west or
east-northeast-trending structure. Table 1 lists selected mineralized
intercepts from these holes.

    
    Table 1: Selected Phase Two Abel Knoll Drilling Results
    -------------------------------------------------------------------------
    Drill     Depth     From    To      Intercept  Gold Grade   High 5' Gold
    Hole      (feet)    (feet)  (feet)  (feet)     (oz Au/ton)  (oz Au/ton)
    -------------------------------------------------------------------------
    Pipe-Shaped Mineralized Zone
    -------------------------------------------------------------------------
    AK06-4    470       330     430     100        0.039        0.232
    -------------------------------------------------------------------------
    AK06-11   580       170     175     5          0.053
    -------------------------------------------------------------------------
    AK06-14   740       550     700     150        0.031        0.067
    -------------------------------------------------------------------------
    AK06-15   440       340     380     40         0.080        0.267
    -------------------------------------------------------------------------
    AK06-18   460       135     460     325        0.035        0.094
    -------------------------------------------------------------------------
    AK06-19   460       160     405     245        0.030        0.100
    -------------------------------------------------------------------------
    AK06-23   650       215     220     5          0.010
                        235     260     25         0.024        0.047
                        285     480     195        0.136
              Includes  425     450     25         0.604
              Includes  440     445     5          1.800
    -------------------------------------------------------------------------
    AK06-26   470       230     275     45         0.063        0.313
                        305     355     50         0.041
                        365     375     10         0.031
    -------------------------------------------------------------------------
    Newly Discovered Mineralized Zone
    -------------------------------------------------------------------------
    AK06-9    360       160     240     80         0.029        0.065
    -------------------------------------------------------------------------
    AK06-20   280       170     215     45         0.033        0.131
    -------------------------------------------------------------------------
    AK06-24   220       175     180     5          0.022
                        180     185     5          No sample
                        185     195     10         0.021        0.021
    -------------------------------------------------------------------------
    AK06-25   320       245     320     75         0.023        0.052
    -------------------------------------------------------------------------
    

    Future Planned Drilling

    NewWest will conduct follow-up drilling of both the pipe-shaped
mineralized body and the newly discovered zone. Because the pipe-shaped body
contains significant groundwater, two core holes are planned to verify the
high-grade zones identified in AK06-2 and AK06-23. Additional RC drilling will
investigate the extent of the new discovery east-northeast of AK06-1.

    Qualified Person

    Michael Gustin, Ph.D., of Mine Development Associates, Reno, Nevada, is
NewWest's qualified person as defined by NI 43-101 and has reviewed and
approved the technical data in this news release.

    Forward-Looking Statements

    This news release includes certain "forward-looking statements" within
the meaning of Canadian securities laws. Forward-looking statements involve
risks, uncertainties and other factors that could cause actual results,
performance, prospects and opportunities to differ materially from those
expressed in such forward-looking information. Forward-looking information in
this news release includes but is not limited to, economic performance,
statements regarding potential mineralization and reserve exploration, and
future plans and objectives of NewWest Gold Corporation including future
exploration and development. Any number of important factors could cause
actual results to differ materially from these forward-looking statements,
including those set out in the Company's prospectus dated August 18, 2006, as
well as future results. Although the Company believes that the assumptions and
factors used in preparing the forward-looking statements are reasonable, undue
reliance should not be placed on these statements, which only apply as of the
date of this news release, and no assurance can be given that such events will
occur in the disclosed timeframes or at all. The Company disclaims any
intention or obligation to update or revise any forward-looking statement,
whether as a result of new information, future events or otherwise.

    About NewWest

    NewWest is one of the largest holders of precious metals mineral rights
in Nevada's gold trends, spanning approximately 623,000 acres. NewWest holds
19 exploration projects, including advanced-stage projects with measured and
indicated resources. NewWest's goal is to move its projects into production.





For further information:

For further information: NewWest Gold Corporation, Stephen Alfers,
President and Chief Executive Officer, Tel: (303) 425-7042, Fax: (303)
425-6634, info@newwestgold.com

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NEWWEST GOLD CORPORATION

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