New World Receives US$750,000 in Cash / Lipeña Partner MARTE Increases Ownership

New World Resource Corp. (TSX VENTURE:NW)(FRANKFURT:NWU) ("New World" or the
"Company") announces that it has further amended the terms of its option
agreement (the "Amended Agreement") with Empresa Minera Marte S.R.L. ("MARTE").
Pursuant to the Amended Agreement and subject to TSX Venture Exchange approval,
MARTE has an option to acquire 37.4% of the Company's 75% interest in the Lipena
copper-gold project in southern Bolivia 


Under the terms of the Amended Agreement, MARTE will:



--  earn 17.4% interest by making US$750,000 cash payment to the Company.
     
--  earn the remaining 20% by spending US$1,250,000 in mineral exploration
    expenditures on the Lipena copper-gold project over the next 12 months. 



Completion of this transaction will result in MARTE holding 62.4% of the project
and New World will hold 37.6%.


Luis Mercado, an officer of MARTE, is a director and the largest shareholder of
New World. The Amended Agreement constitutes a related party transaction
pursuant to Policy 5.9 of the TSX Venture Exchange and Multilateral Instrument
61-101 - Protection of Minority Securities Holders in Special Transactions ("MI
61-101"). The Amended Agreement is exempt from the formal valuation and minority
shareholder approval requirements pursuant to Part 5 of MI 61-101 by virtue of
the financial hardship exemption set forth in Sections 5.5(g) and 5.7(e),
respectively. The terms of the Amended Agreement were negotiated by the
independent directors of the Company, and Mr. Mercado declared his interest in
the transaction and abstained from voting on it. 


New World Resources CEO, John Lando commented, "This is a significant
development opportunity for our Lipena copper-gold project. MARTE plans to spend
US$1.25 million on the project in the coming year. Having a well-respected
Bolivian miner in charge of the next phase of exploration allows New World to
benefit from the investment made in Bolivia while the Company takes a new
direction and explores for project opportunities in mining friendly
jurisdictions."


New World is presently evaluating several possible projects and the Company
hopes to release more information on this initiative in the coming weeks.


About New World

New World Resource Corp. is a Canadian based 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 completion of the Amended Agreement
and the Company's evaluation of new projects. 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.