New World Increases NI 43-101 Resources at Lipena Copper-Gold Project, Bolivia-Geophysics and Exploration Team Mobilized

New World Resource Corp. ("New World" or the "Company") (TSX
VENTURE:NW)(FRANKFURT:NWU) wishes to present an updated National Instrument
43-101 ("NI 43-101") mineral resources estimate on the Company's Lipena
copper-gold deposit in Bolivia.




--  Inferred Resources Estimate: 30.2% increase in tonnage and a 11.8%
    increase in Copper Equivalent grade

--  Indicated Resources Estimate: 15% increase in tonnage and a 14.3%
    increase in Copper Equivalent grade



The Lipena deposit remains open in several directions and the regional land
package the Company has secured through our joint venture with Corporacion
Minera de Bolivia ("COMIBOL") allows us to continue exploration for not only the
continuation of the breccia zone but also to explore for the associated porphyry
system. New World's President, John Lando comments "With copper and gold prices
at current levels, our management team is anxious to get back to work at Lipena,
Our large land package surrounding Lipena is known to host several untested
breccia occurrences and we consider this an excellent opportunity to continue to
build our resources. The Pastos Grandes lithium project is currently being drill
tested and with geophysics set to begin at Lipena, drills will likely be moved
to Lipena in the new year."


Due to the increase in commodity prices since the date of this initial NI 43-101
compliant resource estimate, significant tonnage has been added to the resource
as well the increase in the overall copper equivalent grade. The increase is
solely due to the effect of updated commodity prices on the cut-off grade and
that the actual block model has not been re-estimated as there has been no new
sampling carried out. The additional tonnage also increases the number of ounces
of gold in the indicated category from 224,466 to 240,193 representing a 7%
increase and in the inferred category the number of ounces of gold increased
from 63,717 to 93,763 representing a 47% increase.




Open Pit Resource Estimate                                             
---------------------------------------------------------------------------
                    Indicated                         Inferred             
       ---------------------------------- ---------------------------------
           Tonnes                            Tonnes                        
          greater                           greater                        
             than                              than                        
               or                                or                        
            equal                             equal                        
Cut-off        to          Au    Ag              to          Au    Ag      
%CuEQ      Cutoff  Cu %   g/t   g/t CuEQ%    Cutoff  Cu %   g/t   g/t CuEQ%
---------------------------------------------------------------------------
0.30    1,977,840  0.68  0.07  25.5  0.98 4,616,100  0.63  0.23  21.7  0.99
---------------------------------------------------------------------------
0.40    1,849,920  0.72  0.07  25.9  1.02 4,450,170  0.65  0.24  21.9  1.01
---------------------------------------------------------------------------
0.50    1,660,500  0.78  0.08  26.0  1.09 4,049,340  0.69  0.26  21.9  1.07
---------------------------------------------------------------------------
                                                                           
Underground Resource Estimate                                              
---------------------------------------------------------------------------
                    Indicated                         Inferred             
       ---------------------------------- ---------------------------------
           Tonnes                            Tonnes                        
          greater                           greater                        
             than                              than                        
               or                                or                        
            equal                             equal                        
Cut-off        to          Au    Ag              to          Au    Ag      
%CuEQ      Cutoff  Cu %   g/t   g/t CuEQ%    Cutoff  Cu %   g/t   g/t CuEQ%
---------------------------------------------------------------------------
0.50    7,763,760  0.89  1.07  10.8  1.64 8,387,820  0.43  0.57   7.6  0.85
---------------------------------------------------------------------------
0.75    5,822,820  1.06  1.34  12.2  1.99 4,024,350  0.54  0.77   8.7  1.09
---------------------------------------------------------------------------
1.00    4,705,980  1.18  1.56  13.5  2.26 1,848,330  0.66  1.00  10.0  1.36
---------------------------------------------------------------------------
1.25    4,054,080  1.26  1.71  14.3  2.44   890,070  0.78  1.22  12.3  1.64
---------------------------------------------------------------------------
1.50    3,453,840  1.36  1.84  15.3  2.62   410,670  0.89  1.54  14.1  1.96
---------------------------------------------------------------------------



Notes:



--  The mineral resources were estimated by ordinary kriging constrained by
    a 3D solid model based on 0.20% copper equivalent grade shells. The
    grade shells are both within and outside of the quartz-tourmaline
    breccia zones and are used as hard boundaries to limit composite
    extraction, geostatistical analysis and block grade estimation. The
    block model was created with Surpac Vision software using a block size
    of 10x10x10 metres. 

--  Grade estimation was based on analyses of core samples from 26 diamond
    drill holes and 17 reverse circulation holes for a total of 11,403
    metres completed between 1994-96 and 2006-07. The nominated composite
    length was set at three metres. The density values assigned to the major
    lithologies were based on 434 bulk density measurements of drill core. 

--  Copper equivalent is calculated as follows: %CuEQ (Copper equivalent) =
    %Cu + g/t Au x 0.604 + g/t Ag x 0.01, with Cu (copper) at $2.55/lb,
    Au (gold) at $1035/oz, and Ag (silver) at $17.25/oz. 



Readers are cautioned that mineral resources are not mineral reserves until
positive economic viability has been demonstrated, through a feasibility study
or pre-feasibility study. The estimate of mineral resources may be materially
affected by environmental, permitting, legal, title, taxation, sociopolitical,
marketing, or other relevant issues. The quantity and grade of reported inferred
resources in this estimate are uncertain in nature and there has been
insufficient exploration to define these inferred resources as indicated or
measured mineral resources and it is uncertain if further exploration will
result in upgrading them to an indicated or measured minerals resource category.


This independent NI 43-101 compliant resources estimate was completed by
"Qualified Person" Ron Simpson, P. Geo. of GeoSim. GeoSim has a solid reputation
in the mining industry and has provided consulting services to many advanced
exploration companies including Yamana Gold Inc., Novagold Resources Inc., and
Viceroy Exploration Ltd. Mr. Simpson has reviewed and approved the contents of
this press release.


This resources estimate does not reflect any results from the Company's
exploration programs on the surrounding Bonete concession. The Company has a
joint venture agreement with COMIBOL with respect to approximately 6,000
hectares of COMIBOL's Bonete mining concession, which encompasses the Lipena
project. COMIBOL is the Bolivian government entity that controls all mineral
exploration on state owned lands.


Quality Control and Assurance

The Company's drill core sample interval averaged 1.2 metres with one half of
the core submitted for assay and the other half stored in the Company's secure
field facility in southern Bolivia. Samples were crushed and split at ALS
Chemex's preparation lab in Oruro, Bolivia. The pulps were then shipped to ALS
Chemex in North Vancouver, Canada where they were analyzed for 41 elements by
ICP mass spectrometer and atomic absorption methods. The intra-lab standards,
blanks and replicates were augmented by unmarked blanks, replicates and by
aliquots of four geological standards acquired by New World. Unmarked checks
(standards, blanks and duplicates) were inserted into the numbered sample
sequence, and represent approximately 5% of the total samples. Under the
supervision of the project geologist, sample bags were sealed and stored,
pending secured transport for analysis. Exploration work on the Lipena project
is under the supervision of Joan McCorquodale, P.Geo, the Company's Vice
President, Exploration, who is a "Qualified Person", as defined in NI 43-101.


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.


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, the success of exploration activities and other similar
statements concerning anticipated future events, conditions or results that are
not historical facts. These statements reflect management's current estimates,
beliefs, intentions and expectations; they are not guarantees of future
performance. The Company cautions that all forward-looking information is
inherently uncertain and that actual results may vary from the forward-looking
information. A number of material factors, many of which are beyond the
Company's control, could cause actual results to differ materially from the
forward-looking information. Such factors include, among others, risks and
uncertainties 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. Accordingly, actual future events, conditions and results may
differ materially from the estimates, beliefs, intentions and expectations
expressed or implied in the forward-looking information. All statements are made
as of the date of this news release and the Company is under no obligation to
update or alter any forward-looking information.