New World Resource Corp. is a Canadian mineral exploration company focused on building a strong, diversified project portfolio within the Americas.

The Company has assembled a highly qualified, entrepreneurial team committed to building shareholder value through successful, socially responsible exploration projects.

New World's exploration mandate is to identify early-to-advanced stage projects that demonstrate the potential to host a world class mineral deposit.

The Lipeña Project is located in southwest Bolivia and is accessible year round by a series of gravel roads leading to the town of San Pablo de Lípez and from there to the property. It occurs within an area of Miocene subhorizontal volcanic rocks where a structurally controlled hydrothermal alteration zone developed. Bleached rocks circumscribe to a belt of ca. 1,200 x 250 m oriented along 290º strike. At Lipeña sector in the southeast section of the altered belt a tourmaline-bearing breccia pipe is exposed, which has at least 100 to 150 m in diameter. The breccia is polymictic with fragments of volcanic rocks mostly centimetric, and altered to quartz-sericite-clays-chlorite; the matrix is tourmalinized with common open spaces. The breccia is mineralized by coarse-grained chalcopyrite, intergrown with lesser pyrite, and late specular hematite. Gold and silver mineralization also occurs in the breccia, but gold is not visible, and probably is associated with chalcopyrite.

The current knowledge indicates that the Lipeña breccia pipe has at least 450 m in vertical extent and it is open at depth. Its accurate shape and the distribution of the ore minerals within the pipe are still not very well defined. The geological characteristics of the project are akin to the uppermost section of a Cu-Au porphyry system, and have some peculiarities that are common at Cu-Au mineralization associated with alkaline intrusions. The occurrence of a Cu-Au deposit of large tonnage and low grade at depth is plausible, but the actual depth of this hypothetic mineralization is still unknown; factor that can be critical for its economic value.

New World Resource Corp. has entered into an option agreement with Empresa Minera Unificada S.A. (EMUSA) to acquire a 75% interest in the Lipeña Project. EMUSA acquired the Lipeña Project in 1997. Under the Option Agreement (the "Agreement"), the Company has the right to acquire the 75% interest in the Lipeña property by making payments to the optionor, consisting of cash and the issuance of shares, and by incurring "qualifying" (exploration) expenditures on the property over a four year period.

The Company announced on January 17th of this year that it has signed a joint venture agreement with Corporación Minera de Bolivia (COMIBOL) with respect to approximately 6,000 hectares of COMIBOL's Bonete mining concession. The relevant portion of the concession surrounds the Lipeña copper-gold project. COMIBOL is the Bolivian government entity that controls all mineral exploration on state owned lands.

John Lando, the Company's President and CEO, commented, "Signing this agreement represents the culmination of months of negotiation with COMIBOL and the beginning of a very exciting chapter for New World. It is also a strong indication that the Bolivian government respects, and is encouraging, private investments within the mining sector. We believe our partnership with Bolivia's national mining corporation will strengthen the Company's overall position in Bolivia.

"Equally exciting to New World is the fact that this part of the Bonete mining concession surrounds the Company's Lipeña project, which has shown very promising results from drilling completed to date. New World has the right to acquire a 75% interest in a joint venture on the Lipeña project from EMUSA, a privately owned Bolivian mining company."

New World Resource Corp. recently has staked 327 claims in the Bald Mountain region of northeastern Nevada. These claims, known as the Long Valley project, encompass a total 6756 acres and cover approximately 8.8 miles of what is believed to be the projected extension of an important north-northwest trending structure on the edge of the pediment. Initial prospecting has revealed outcrops of silicified breccias similar to those found in the nearby Alligator Ridge area. The Bald Mountain, Alligator Ridge area is an established gold producing region of Eastern Nevada currently being actively explored by Placer Dome Inc. The company continues to review property submissions for potential acquisition — from grassroots to advanced exploration.

Long Valley Ground Magnetic Survey

New World Resource Corp has completed a 113 line kilometre, reconnaissance, ground magnetic survey of its Long Valley project. The object of this magnetic survey is to identify the projected southern extension of northwest- and north-northeast-trending structural features that are thought to control high-grade gold mineralization found in the Bald Mountain mining district. The area of the claims was previously thought to be covered by younger, postmineralization volcanics. However, New World's initial prospecting has revealed outcrops of silicified breccia similar to those found in the nearby Alligator Ridge gold deposit.

The survey results indicate a strong northwesterly trending structure interested by at least two northerly striking structures. The intersection of these orientated structures is well known to be the gold mineralizing control within the Bald Mountain property immediately to the north. The Company is proceeding with a second phase of geochemical and geophysical surveys.

The La Negra property is located 350 km north of Santiago and is 10 km outside the Chilean mining center of Combarbala. At an elevation of approximately 2,000 metres, the semi-arid climate allows for year round exploration at this well established, mining friendly address.

As part of its initial review, the Company re-sampled the workings of a small Spanish era mine located on the property to confirm reported historical values. The mine consists of accessible workings on three levels, of which the uppermost level (level 1) is less than 15 metres below the surface, and is wholly within the leached surficial zone.

Eight chip samples taken from below the leach cap, from levels 2 and 3, returned a weighted average of 7.81% zinc ("Zn"), 7.17% lead ("Pb"), 1.84 ounces per ton ("opt") silver ("Ag") and 0.32% copper ("Cu") over 4.4 metres. These results confirm the high grade values of up to 20% combined lead and zinc that are reported in the historical database. Rock sample results from level 1 and within the leach cap, were anomalous but generally contained less than 1% lead and zinc. These values correlate well with the majority of the surface rock samples collected within the soil anomaly.

Geological mapping of the quartz-tourmaline alteration zone reveals that this favourable unit is exposed over 40 hectares. The mineralization trends north-south, and is developed within porphyritic andesites adjacent to a granodiorite intrusive. The zinc lead-silver mineralization is peripheral to the intrusive and may be associated with a porphyry copper system, as there are widespread copper showings within the intrusive.

The Afridi Lake Project is located in the Slave Geological Province of the Northwest Territories, 320 km northeast of Yellowknife and is comprised of 56,000 acres of claims and mineral leases within the Lac de Gras Diamond District. It adjoins both the DIAVIK Diamond Mine and the WO claims which is host to the DO-27 kimberlite. The Afridi Project itself is host to five known diamond bearing kimberlites and there are more than 40 known kimberlites within 40 kilometers of the Project. Shear Minerals Ltd. holds a 58.2% interest in the Afridi Project and is the operator. International Samuel has a 25.4% interest and New World Resources and Mantle Resources each hold 8.2%.

The Afridi Exploration Program consists of two stages:
Stage 1: A 2,850 line kilometer high resolution airborne gravity gradient survey to show density contrast between the surrounding rock and kimberlite. Targets will be ranked and later checked using ground geophysics.
Stage 2: Ground gravity followed by drill testing of priority targets and possible re-testing of known kimberlites.

Completion of Stage 1 of this program has confirmed eight initial priority geophysical targets suggestive of kimberlites ready for drill testing, and, in June and July 2007 the gravity gradient survey (flown by Bell Geospace of Houston, Texas) was also completed. It was proven that the density contrast between the surrounding rock and the known kimberlites was great enough to register an interpretable gravity gradient anomaly of two hectares or larger. A review of the geophysical data by independent consultant Christopher Campbell of Intrepid Geophysics, Vancouver B.C., identified an initial 24 targets worthy of follow up, including nine high priority. These isolated gravity low targets are suggestive of kimberlite.

In August a 10 person crew completed ground follow up surveys where more than 50 targets were ground checked and a total of 206 line km of ground magnetics were completed by Shear and 791 gravity stations were completed by Quadra Surveys of Barriere, B.C. As a result drill targets and further ground gravity surveys will be followed up in the spring of 2008.

John Lando
Position: President/Director
Mr. Lando has more than 20 years experience working in the equity markets and the management and finance of public companies. John has worked for RBC Dominion Securities, has served as a Director of several public companies, and is currently focused on the management of Northern Lion.

Dr. Paul Shatzko
Position: Director
Dr. Shatzko is the founder and former Chairman of Mountain Province Diamonds Inc., an AMEX (N.MDM) and TSX (T.MPV) listed mining company. He is a director of several public companies and has been Chairman of Entourage Mining Ltd. since July 2004.

Lyle Brown
Position: Director
Mr. Brown is a chartered accountant and partner in the accounting firm of Culver & Co. in Vancouver, British Columbia since 1991. He has served clients in a wide range of industries, and is familiar with the reporting requirements of public companies. He has served as a director of Northern Lion Gold Corp. since 1998.

Gary D.A. Schellenberg B.Sc. in Geology
Position: Director
Gary has been active in the public markets for over 20 years both establishing and managing several public companies in the resource sector. Gary established Coast Mountain Geological Ltd., in 1987 a private, full-service mineral exploration consulting firm, Coast Mountain Geological Ltd., in 1987. Coast Mountain currently employs more than 50 people worldwide.

John Fraser, P. Geo, MSc in Geology, BSc in Geophysics
Position: Geological Consultant
Mr. Fraser has been employed in mineral exploration since 1970 in a number of positions including Exploration Manager, Central Canada, for Noranda Exploration Co., and Senior Geologist for Bow Valley Industries Ltd. He has also served as director of a number of public companies.

Joan McCorquodale, P. Geo, BSc Geology
Position: Geological Consultant
Ms. McCorquodale has 20 years of mineral exploration experience, and has held a variety of geological positions for both major and junior mining companies, including Noranda and Goldcorp. In addition to her technical background Joan has been engaged in corporate development and accountable for several property acquisitions, corporate governance and financings. She has explored for base and precious minerals and diamonds in Canada, South America, Southeast Asia, Australia, and Europe.

Tammy Gillis
Position: Financial Controller
Ms. Gillis is a CMA candidate enrolled in the CMA Strategic Leadership program. Ms. Gillis has been involved in the financial markets for the past 9 years and brings a comprehensive background in financial accounting, regulatory filings, and general public company administration to the Company. Prior to joining Northern Lion, Ms. Gillis held the position of Treasurer and Controller for Gelogix Explorations Inc., and is currently the Financial Controller for New World.

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