New World Resource Corp. (TSX VENTURE:NW)(FRANKFURT:NWU) ("New World" or the
"Company") announces the initial results from the first hole on its' 99% owned
Pastos Grandes lithium brine project in southwestern Bolivia.


The first hole at Pastos Grandes compares favourably with previous near surface
sampling and continues to demonstrate excellent lithium grades and attractively
low magnesium to lithium ratios and sulphate to lithium ratios in both aquifers
encountered in this drill hole.




Drill hole 10RPG001                                                         
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            From      To   Thickness        Li          K    Mg:Li    SO4:Li
AQUIFER       (m)     (m)         (m)     (ppm)      (ppm)   Ratio     Ratio
----------------------------------------------------------------------------
1A             6      15           9   1,118.2    6,357.7      2.1       1.3
----------------------------------------------------------------------------
1B            30      46          16     877.4    4,567.1      2.4       2.3
----------------------------------------------------------------------------
m = metres, ppm = parts per million                                     



Previously completed near surface sampling of the brine to a depth of 1.3 metres
returned very favourable results with average lithium grades of greater than
1,000 parts per million ("ppm").


The aquifers 1A and 1B are dominated by fine grained sand and silty sand. The
stratigraphic column is dominated by sand, silt and clay size material with
localized layers of ulexite. The depth of the salar at this initial site was 51
metres, subsequent drilling at sites two and three encountered salar sediments
to a depth of 58 and 83 metres respectively. The complete results from sites two
and three are being received, compiled and verified.


The Company is continuing the drill program and is now mobilizing equipment to
site four after the Holiday shutdown. Each site consists of an initial pilot
hole to identify the depth and thicknesses of the aquifers present, followed by
the drilling of a cluster of holes within a radius of approximately 15 metres
from the pilot hole. Each hole within the grouping will independently test one
of the aquifers as identified by the pilot hole.


Subsequent to the aquifer identification drilling program, several sites will be
selected for hydrologic assessment. This process will involve completing a
series of monitoring wells around each pump well. Controlled pumping will be
carried out within the centrally located pump hole, and the monitoring wells
will determine the drawdown rates for each aquifer. This data is a portion of an
ongoing comprehensive hydrological assessment of the Pastos Grandes aquifer
system and will be essential as the Company develops its resource estimate.


Quality Control and Assurance

A sampling procedure was designed and implemented by management and the
Company's consultants to ensure sample quality control and assurance. The
intra-lab standards, blanks and replicates were augmented by unmarked blanks,
replicates and by aliquots of two standards acquired by New World. Unmarked
checks (standards, blanks and duplicates) were inserted into the numbered sample
sequence, and represents approximately 5% of the total samples. Under the
supervision of the project geologist, samples were sealed and stored, pending
secured transport for analysis. The samples were forwarded to Spectolab in
Ouruo, Bolivia. Spectrolab is recognized for its quality control system and is
an ISO-17025 accredited laboratory.


Joan McCorquodale, P.Geo., is the Company's Vice President, Exploration and
"qualified person" as required under National Instrument 43-101 and has reviewed
the technical information contained in this press release.


Separately, the Company has granted incentive stock options to a director and
consultant of the Company, to purchase 130,000 common shares of the Company.
These options are exercisable for a period of five years at a price of $0.39 per
common share. The options were granted under and are subject to the terms and
conditions of the Plan.


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, and the recently joint-ventured Long Valley
gold project in Nevada.


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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