Record Quarterly Consolidated Gold Sales of US$6.46 Million for the Quarter Ended December 31, 2010, as compared to US$3.97 Million for the Quarter Ended December 31, 2009

62.7% Increase in Quarterly Consolidated Gold Sales
for the Quarter Ended December 31, 2010, as compared to the
Quarter Ended December 31, 2009

48.4% Increase in Quarterly Consolidated Gold Production
for the Quarter Ended December 31, 2010, as compared to the
Quarter Ended December 31, 2009

TORONTO, Jan. 18 /CNW/ - New Dawn Mining Corp. (TSX: ND) ("New Dawn" or the "Company") reported consolidated gold production of 4,808 ounces of gold produced (4,577 ounces attributable to New Dawn, after adjusting for the minority interests' share of gold production from the Central African Gold properties) for the quarter ended December 31, 2010, as compared to 3,239 ounces of gold produced (3,239 ounces attributable) for the quarter ended December 31, 2009, an increase of 48.4% (41.3% increase on an attributable basis).

As compared to the production output of 4,141 ounces of gold produced (4,024 ounces attributable) for the previous quarter ended September 30, 2010, consolidated gold production for the quarter ended December 31, 2010 increased by 16.1% (13.8% increase on an attributable basis, after adjusting for the minority interests' share of gold production from the Central African Gold properties).

As a result of New Dawn having made an investment in Central African Gold Plc ("CAG") in June 2010, in which it acquired an 88.7% controlling interest, New Dawn has consolidated for accounting purposes the operations of CAG from June 16, 2010.  New Dawn increased its interest in CAG to approximately 90% during December 2010.  

Ian R. Saunders, President and CEO of New Dawn, commented, "During the quarter ended December 31, 2010, we secured an agreement with the Zimbabwe Electric Supply Authority for continuous power supply at Turk Mine and have also installed back-up generators to further assure our ability to meet our gold production targets at Turk Mine.  I am also pleased to report that we saw gold production output increase at each of our three producing gold mines, and with the recent installation and successful commissioning of a second ball mill at the Dalny Mine in mid-December 2010, together with continuous power at Turk Mine, we are well-positioned for a further increase in production in the coming periods. As we look ahead to 2011, our target is to steadily increase monthly gold production to an annualized run rate of 38,000 to 40,000 ounces of gold by the end of calendar 2011, as well as a reduction in cash costs per ounce of gold produced as we achieve increasing economies of scale from operating an expanding array of gold mining properties in Zimbabwe."

Consolidated gold sales for the quarter ended December 31, 2010 totalled US$6,458,735 (US$6,184,661 after adjusting for the minority interests' share of gold sales from the Central African Gold properties) at an average sales price per ounce of gold of US$1,370, as compared to US$3,969,338 (US$3,969,338 attributable) for the quarter ended December 31, 2009 at an average sales price per ounce of gold of US$1,101, an increase of 62.7% (55.8% increase on an attributable basis).

Consolidated gold sales for the quarter ended December 31, 2010 increased by 27.6% (25.0% increase on an attributable basis), as compared to gold sales for the previous quarter ended September 30, 2010 of US$5,059,903 (US$4,949,676 attributable).

100% of sale proceeds were received in US dollars.

At December 2010 month-end, an additional 967 ounces of gold awaited export documentation for sale in South Africa, and will be included in January 2011 sales.

The increase in gold production was a result of greater tonnage mined and processed at the Turk Mine, as well as an increase in production output from the Central African Gold properties.  The Dalny and Old Nic Mines resumed operation in early August 2010 on a limited basis. During the quarter ended December 31, 2010, production output increased at both the Dalny and Old Nic Mines and, collectively, both mines contributed 1,154 ounces (1,026 ounces attributable) to New Dawn's total production output for the quarter ended December 31, 2010.  The Dalny and Old Nic Mines are expected to contribute an increasing proportion of New Dawn's consolidated gold production in future periods.  Historical production at Dalny Mine up to 2006 was 2.44M ounces of gold from 10.2M tonnes of mineralized material grading approximately 7.42 g/t.  The Dalny Mine complex includes a strike length of over 15km.

New Dawn's 100%-owned Turk Mine produced 3,654 ounces of gold during the quarter ended December 31, 2010, as compared to 3,239 ounces of gold during the quarter ended December 31, 2009, an increase of 12.8%. Gold production at the Turk Mine for the quarter ended December 31, 2010 increased by 2.4%, to 3,654 ounces of gold, as compared to gold production for the previous quarter ended September 30, 2010 of 3,570 ounces of gold.

The Turk, Old Nic and the Dalny Mine all experienced an increase in gold production in line with management's operating plan to reach a consolidated production run rate of 38,000 to 40,000 ounces of annualized gold production by December 2011.

The Company will file its unaudited consolidated financial statements and related materials for the fiscal quarter ended December 31, 2010, and report its consolidated results of operations for such period, on or before by the filing deadline of February 14, 2011.

About New Dawn …

New Dawn is a Zimbabwe-focused junior gold company currently expanding gold production at its wholly-owned Turk and Angelus Mines and, with its June 2010 investment in which it acquired an 88.7% controlling interest in Central African Gold, New Dawn is targeting consolidated annualized gold production of 50,000 to 60,000 ounces within the next 18 to 24 months, increasing to 100,000 ounces of annualized gold production within the next 4 to 5 years.  New Dawn increased its interest in Central African Gold to approximately 90% during December 2010.

Having now filed a new NI 43-101-compliant mineral reserve and resource estimate for the Central African Gold properties acquired, New Dawn's total attributable mineral reserves, including its Turk and Angelus Mines, increased 32% to 220,000 ounces of gold grading 3.81 g/t from 1,785,000 tons of mineralized material.  The attributable mineral reserves are comprised of attributable proven mineral reserves of 109,400 ounces of gold grading 3.69 g/t from 874,700 tons of mineralized material and attributable probable mineral reserves of 110,600 ounces of gold grading 3.78 g/t from 910,300 tons of mineralized material.

Additionally, New Dawn's total attributable measured and indicated mineral resources (inclusive of attributable mineral reserves) increased by 92% to 1,558,400 ounces of gold grading 2.37 g/t from 20,436,000 tons of mineralized material and New Dawn's total attributable inferred mineral resources increased by 54% to 552,600 ounces of gold grading 4.95 g/t from 3,477,000 tons of mineralized material. (Reference: New Dawn press release dated October 19, 2010)

Presently, New Dawn operates 3 significant gold camps in Zimbabwe, where it owns 6 mines, 3 of which are currently producing gold and expanding production.  New Dawn is on the path to becoming a leading gold mining company in Zimbabwe, active in both gold production and gold exploration, by employing modern mining techniques and deploying capital in a country that is geologically rich, highly prospective, and significantly under explored.

Additional information on New Dawn's gold reserve and resource estimates is included at the Company's website at www.newdawnmining.com or in the Company's filings on SEDAR at www.sedar.com.

The TSX has not reviewed and does not accept responsibility for the adequacy or the accuracy of this release.

The contents of this news release were supervised and reviewed by Ian R. Saunders, B.Sc., who is President, Chief Executive Officer, and a Director of New Dawn Mining Corp., and who is a Qualified Person within the meaning of NI 43-101.

Special Note Regarding Forward-Looking Statements:  Certain statements included or incorporated by reference in this news release, including information as to the future financial or operating performance of the Company, its subsidiaries and its projects, constitute forward-looking statements.  The words "believe," "expect," "anticipate," "contemplate," "target," "plan," "intends," "continue," "budget," "estimate," "may," "schedule" and similar expressions identify forward-looking statements.  Forward-looking statements include, among other things, statements regarding targets, estimates and assumptions in respect of gold production and prices, operating costs, results and capital expenditures, mineral reserves and mineral resources and anticipated grades and recovery rates.  Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by the Company, are inherently subject to significant business, economic, competitive, political and social uncertainties and contingencies.  Many factors could cause the Company's actual results to differ materially from those expressed or implied in any forward-looking statements made by, or on behalf of, the Company.  Such factors include, among others, risks relating to reserve and resource estimates, gold prices, exploration, development and operating risks, political and foreign risk, uninsurable risks, competition, limited mining operations, production risks, environmental regulation and liability, government regulation, currency fluctuations, recent losses and write-downs and dependence on key employees.  See "Risk Factors" in the Company's Annual Information Form - 2010.  Due to risks and uncertainties, including the risks and uncertainties identified above, actual events may differ materially from current expectations.  Investors are cautioned that forward-looking statements are not guarantees of future performance and, accordingly, investors are cautioned not to put undue reliance on forward-looking statements due to the inherent uncertainty therein.  Forward-looking statements are made as of the date of this press release and the Company disclaims any intent or obligation to update publicly such forward-looking statements, whether as a result of new information, future events or results or otherwise.

SOURCE New Dawn Mining Corp.

For further information:

Investor Relations Contact:  Richard Buzbuzian +1 416.585.7890

President and Chief Executive Officer:  Ian R. Saunders +1 416.585.7890

Visit us on the internet:  http://www.newdawnmining.com or

Email us at: info@newdawnmining.com

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New Dawn Mining Corp.

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