New World Resource Corp. (TSX VENTURE:NW)(FRANKFURT:NWU) ("New World" or the
"Company") wishes to provide an update on operations currently underway at its'
two flagship projects; Lipena/Bonete copper-gold project and Pastos Grandes
lithium brine project, both in Bolivia.


Lipena/Bonete Copper-Gold Project

The Company has completed approximately 3,100 metres of drilling to date in a
planned 5,000 metre first phase program to expand the National Instrument 43-101
compliant Lipena resource (news release: October 15, 2008) and to explore the
surrounding Bonete claims. Assay laboratories in South America are currently
experiencing extremely slow turnaround times due to a heavy volume of drilling
taking place in the region. The Company will report drill results when a
representative amount of analytical results have been received from the
laboratory.


Pastos Grandes Lithium Brine Project

The Company has completed the expansion and construction of the on-site
laboratory, offices and accommodations. The planned drill program is over 50
percent complete and has delivered strong lithium content results. An abnormally
severe rainy season has hampered the efficiency of the program; however,
management continues to be encouraged with the high grade lithium and overall
chemistry of the salar.


Management is currently in discussions with a number of strategic groups that
would greatly benefit the development of Pastos Grandes. The Company recognizes
the importance of delivering the correct strategic partner to this project and
will announce any developments on this front as soon as anything material
occurs. Drilling is currently on hold while the next phase of work is being
planned.


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/Bonete 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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