Mon Jun 20, 2011 New World Announces the Commencement of Lipeña-Bonete Drill Program
New World Resource Corp. (the "Company") announces the commencement of a 10,000 metre diamond drilling program at the Lipeña-Bonete project, in Bolivia. The program is designed to extend the previously reported National Instrument 43-101 ("NI 43-101") resource outlined within the original Lipeña property and to expand and test new targets in the encompassing Bonete property. Drilling is now underway, and will run concurrently, with the ongoing geophysical Induced Polarization ("IP") survey. Company President & CEO, John Lando, commented: "We are very excited about getting a drill back on the Lipeña deposit and to test targets in the surrounding Bonete property. The Company is well funded and ready to make significant progress. The crews are now on site and the drill is turning." The Company has completed an integrated interactive 3D model that merged the pre-existing geophysics, geochemical, geological, and resource block models. This model allows the team to view and interpret all relevant data in a quantitative relationship and will aid in the selection of drill targets. Previous work has located three main zones of hydrothermal magmatic breccias, which have been named: La Mosa, Central and Lipeña from northwest to southeast. At surface these appear to be separate bodies, however the drill data suggests that they are likely related at depth, and represent the top of a porphyry system. The Lipeña zone has received the majority of the drilling to date, however, the two other zones; La Mosa and the Central zones contain significant gold intercepts. At La Mosa an interval of 127.2 metres from 36 to 163.2 metres returned 1.3 grams per tonne ("g/t") gold including 10.9 metres of 7.5 g/t gold, and in the Central zone a diamond drill hole intersected 71 metres of 1.2 g/t gold from 78 to 149 metres (reported October 25, 2006). Within the Lipeña zone previously announced on September 13, 2006 drill hole 06DLP-47 intersected 212 metres of 2.6 g/t gold, 1.5% copper and 21.9 g/t silver, including 70 metres of 5.3 g/t gold, 3.2% copper, and 47.2 g/t silver. This drill hole may represent a feeder system and requires further delineation. The Lipeña project and the surrounding Bonete concession encompasses approximately 6,000 hectares. The Lipeña project has undergone more than 18,000 metres of drilling and has a previously reported NI 43 101 resource of: Open Pit Resource Estimate
New World Resource Corp is a Canada-based company, engaged in the business of exploring and developing its mineral property interests. The Company is in the exploration stage. The Company operates in one business segment, the exploration of mineral properties, and under the following geographic segments: Bolivia and Canada. The Company holds interest in the Lipena/Bonete Copper-Gold project, which is located in the southwest of Bolivia. The Bonete mining concession entirely surrounds the Lipena project and both areas total approximately 6,000 hectares. The property is located approximately 20 kilometers west of the small town of San Pablo de Lipez. The Company's subsidiaries are: New World Resource Bolivia SA located in Bolivia and New World Resource US, Inc., located in Nevada, the United States.
NEW WORLD RESOURCE CORP 
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