NewWest Gold Corporation Extends Mineralization at Long Canyon With Phase Two Program

Lakewood, Colorado (ots/PRNewswire) - NewWest Gold Corporation
(TSX:NWG) ("NewWest") today announced results from its Phase Two
drilling program at Long Canyon, one of NewWest's principal projects
in the Eastern Great Basin area of Elko County, Nevada. The program
consisted of nine drill holes, totaling 3,795 feet, and successfully
extended the drilled mineralization approximately 400 feet along
strike to the southwest. The results of the program are summarized
below.

-------------------------------------------------------------------------
Hole From To Drill Gold Inclu- Inclu- Drill Gold
(feet) (feet) Inter- at a ding ding Inter- at a
cept 0.01 From To cept 0.15
(feet) ounce (feet) (feet) (feet) gold
per ton opt
("opt") cut off
cut off
-------------------------------------------------------------------------
LC-031 0 25 25 0.070 5 10 5 0.154
-------------------------------------------------------------------------
LC-032 0 30 30 0.076 15 20 5 0.234
-------------------------------------------------------------------------
LC-033 0 10 10 0.048 - - - -
-------------------------------------------------------------------------
285 295 10 0.013 - - - -
-------------------------------------------------------------------------
LC-034 - - - - - - - -
-------------------------------------------------------------------------
LC-035 350 370 20 0.013 - - - -
-------------------------------------------------------------------------
LC-036 35 50 15 0.013 - - - -
-------------------------------------------------------------------------
LC-037 35 75 40 0.021 - - - -
-------------------------------------------------------------------------
90 100 10 0.013 - - - -
-------------------------------------------------------------------------
165 225 60 0.047 - - - -
-------------------------------------------------------------------------
LC-038 160 175 15 0.012 - - - -
-------------------------------------------------------------------------
LC-039 130 140 10 0.032 - - - -
-------------------------------------------------------------------------

"For the year, with these Phase Two results included, we extended
the mineralization 1,200 feet to the southwest and 500 feet to the
northeast," said Steve Alfers, President and Chief Executive
Officer. "Based upon these positive results, we are moving forward
with our planning for an aggressive 2007 drill program at Long
Canyon."

The 2006 drilling program has confirmed and extended
mineralization along approximately 3,000 feet of the Long Canyon
target and documented that multiple zones of gold mineralization are
present. Holes LC-031, LC- 032 and LC-033 extend drilled
mineralization approximately 400 feet along strike to the southwest
in the main Long Canyon zone of mineralization. The target as
defined by the soil and rock chip sampling remains open to the
southwest for approximately 1,800 feet. Phase Two hole LC-037 extends
the jasperoid zone of mineralization found earlier in 2006 in hole
LC-030 by 200 feet along strike to the southwest. This zone is open
to the northeast and southwest.

Phase Two results for Long Canyon and a map of the drill-hole
locations are available on the News page of NewWest's website at
www.newwestgold.com.

All drill samples were collected following standard industry
practice and were assayed by American Assay Laboratories, Inc. of
Sparks, Nevada. Gold results were determined using standard fire
assay techniques on a thirty gram sample with an atomic absorption
finish. QA/QC included the insertion of standards and blanks into
the sample stream.

Joint Venture Agreement

NewWest and AuEx Ventures Inc. ("AuEx") recently signed the
definitive Joint Venture Agreement ("Agreement") for the Long Canyon
project whereby the two parties combined their respective land
positions in the Long Canyon Area. Under the terms of the Agreement,
NewWest is the operator and may earn a 51% interest in the
consolidated project if it spends $5 million on the project over a
five year period. As of December 31, 2006, NewWest expended
approximately US$850,000 against this earn-in obligation. After
completion, the Company may elect to carry AuEx through feasibility,
if warranted, thereby earning an additional 14%. The terms of the
Agreement are consistent with the terms disclosed in the Company's
release dated November 14, 2006.

Qualified Person

Michael Gustin, Ph.D., of Mine Development Associates, Reno,
Nevada, is NewWest's qualified person as defined by NI43-101 and has
reviewed and approved the technical data in this news release.

Forward-Looking Statements

This news release includes certain "forward-looking statements"
within the meaning of Canadian securities laws. Forward-looking
statements involve risks, uncertainties and other factors that could
cause actual results, performance, prospects and opportunities to
differ materially from those expressed in such forward-looking
information. Forward-looking information in this news release,
includes but is not limited to, future exploration and development
plans, statements regarding potential mineralization and reserve
exploration, and future plans and objectives of NewWest Gold
Corporation including future exploration and development. Any number
of important factors could cause actual results to differ materially
from these forward-looking statements, including those set out in
the Company's prospectus dated August 18, 2006, as well as future
results. Although the Company believes that the assumptions and
factors used in preparing the forward-looking statements are
reasonable, undue reliance should not be placed on these statements,
which only apply as of the date of this news release, and no
assurance can be given that such events will occur in the disclosed
timeframes or at all. The Company disclaims any intention or
obligation to update or revise any forward-looking statement, whether
as a result of new information, future events or otherwise.

About NewWest

NewWest is one of the largest holders of precious metals mineral
rights in Nevada's gold trends, spanning approximately 623,000
acres. NewWest holds 19 exploration projects, including advanced
staged projects with measured and indicated resources. NewWest's
goal is to advance its projects along the pipeline into production.

ots Originaltext: NewWest Gold Corporation
Im Internet recherchierbar: http://www.presseportal.de

Contact:
For further information: NewWest Gold Corporation, Jennifer Van
Dinter, Director, Investor Relations, Tel: +1-(303)-425-7042, Fax:
+1-(303)-425-6634, info@newwestgold.com; NewWest Gold Corporation,
Stephen D. Alfers, President and Chief Executive Officer, Tel:
+1-(303)-425-7042, Fax: +1-(303)-425-6634


	hier anmelden...