New Destiny Abandons Option Agreement and MOU With AVK

New Destiny Mining Corp. (TSX VENTURE:NED) ("New Destiny") announces that it has
abandoned and will not proceed further with the sub-option agreement between New
Destiny and Argentina Mining Corp. ("AVK") on the Tres Amigos Project,
Argentina, and will New Destiny withdraw its submission with the TSX Venture
Exchange. The sub-option agreement was originally announced on October 12, 2012.


New Destiny Mining will also not proceed further with the memorandum of
understanding between New Destiny and AVK for negotiations to acquire an
interest in the Cerro Blanco project, Argentina, as the period of exclusivity
has lapsed. The Cerro Blanco project was originally announced on November 5,
2012.


New Destiny further announce that it is arranging a non-brokered private
placement of up to 6 million units (the "Units") at a price of $0.05 per Unit to
raise gross proceeds of $300,000. Each Unit will consist of one common share of
New Destiny, and one transferable share purchase warrant (a "Warrant"). Each
Warrant shall be exercisable to acquire one additional common share for a period
of one year at a price of $0.15 per share. New Destiny will also pay a finder's
fee in accordance with the policies of the TSX Venture Exchange and applicable
securities legislation. The financing
(http://www.newdestinymining.com/?page_id=397), which was originally announced
on February 4, 2013, is subject to regulatory approval. 


For further information on New Destiny please visit our website at
www.newdestinymining.com. 


ON BEHALF OF THE BOARD OF DIRECTORS 

Robert L. Birmingham, President 

FOR FURTHER INFORMATION PLEASE CONTACT: 
New Destiny Mining Corp.
Robert L. Birmingham
President
[phone]
[phone] (FAX)
www.newdestinymining.com