New World Resource Corp. (TSX VENTURE:NW) ("New World" or the "Company") wishes
to provide an update with regards to recent discussions with the Bolivian
Government. On a recent trip and subsequent follow up, Company management with
assistance from the Ambassador and Senior Trade Commissioner of the Government
of Canada, has had a number of discussions and correspondences with the Bolivian
Government. New World has been clearly informed that pre-existing rights would
be respected within the new mining law.


The Government of Bolivia is currently in the process of establishing a new
mining law with a final draft anticipated before the end of May. Bolivia's
Mining Ministry (the "Ministry") is consulting with interested parties including
foreign companies in drafting the new mining law. The Ministry will be providing
foreign companies operating in Bolivia's mining sector, including New World
along with the Ambassador and Senior Trade Commissioner of the Government of
Canada an opportunity to comment and give input in regards to the new law before
it is finalized. Although no new law has been established, New World has been
advised that pre-existing rights would be respected within the new mining law. 


After discussing with the Ministry the agreements signed between the Company and
the local municipality near Pastos Grandes, and a subsequent presentation of the
preliminary brine chemistry results from Pastos Grandes, the Company was invited
to join the Bolivian Government's Scientific Support Committee ("Advisory
Committee") that has been set up within the evaporates division of Corporacion
Minera de Bolivia ("Comibol"). This Advisory Committee is designed to assist the
Bolivian Government in its plan to develop a pilot plant at the Salar de Uyuni,
Bolivia's largest lithium resource which is currently part of the country's
strategic fiscal reserve. New World's Pastos Grandes project is located outside
of this strategic fiscal reserve.


John Lando comments, "The warm reception that we received from the Mining
Ministry of Bolivia is encouraging. Although a new mining law is not yet
finalized, at the senior level of the ministry we were clearly assured that
pre-existing rights will be respected under the new law. This assurance along
with the invitation to join the country's Scientific Advisory Committee gives us
confidence that we will be able to further develop Pastos Grandes and the
Company's Lipena copper-gold project."


About New World

New World Resource Corp. is a Canadian based mining exploration company focused
on building a strong, diversified project portfolio within the Americas. The
Company's projects include the Lipena copper-gold project and the Pastos Grandes
lithium brine project in Bolivia. 


NEW WORLD RESOURCE CORP.

John Lando, President

This news release includes "forward-looking information"; as such term is
defined in applicable securities laws. The forward-looking information includes,
without limitation, statements regarding the extent and timing of its
exploration programs, exploration program budgets and exploration results. This
forward-looking information is given as of the date of this news release. Users
of forward-looking information are cautioned that actual results may vary from
the forward-looking information contained herein. While the Company has based
this forward-looking information on its expectations about future events as at
the date that such information was prepared, the information is not a guarantee
of the Company's future performance and is subject to risks, uncertainties,
assumptions and other factors which could cause actual results to differ
materially from future results expressed or implied by such forward-looking
information. Such factors and assumptions include, amongst others, the effects
of general economic conditions, the price of lithium, changing foreign exchange
rates and actions by government authorities, uncertainties associated with legal
proceedings and negotiations and misjudgments in the course of preparing
forward-looking information. In addition, there are also known and unknown risk
factors which could cause the Company's actual results, performance or
achievements to differ materially from any future results, performance or
achievements expressed or implied by the forward-looking information. Known risk
factors include, among others, risks relating to exploration and development;
the ability of the Company to obtain additional financing; the Company's limited
operating history; the need to comply with environmental and governmental
regulations; political and economic instability and general civil unrest in
Bolivia; potential defects in title to the properties; fluctuations in currency
exchange rates; fluctuating prices of commodities; operating hazards and risks;
competition; and other risks and uncertainties. Although the Company has
attempted to identify important factors that could cause actual actions, events
or results to differ materially from those described in forward-looking
information, there may be other factors that cause actions, events or results
not to be as anticipated, estimated or intended. There can be no assurance that
forward-looking information will prove to be accurate, as actual results and
future events could differ materially from those anticipated in such statements.
Accordingly, readers should not place undue reliance on forward-looking
information. The Company is under no obligation to update or alter any
forward-looking information except as required under applicable securities laws.


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