108 metres Averaging 1.0 g/t gold Intersected at Newton

108 metres Averaging 1.0 g/t gold Intersected at Newton

Vancouver, British Columbia CANADA, January 23, 2012 /FSC/ - Newton Gold Corp.  (NWG - TSX Venture, HR2N - FRA),  is pleased to announce results from three additional holes of an ongoing drill program on the 1,487 square kilometre Newton Project located in central B.C. approximately 100 kilometres west of Williams Lake.  The Newton Project is a Joint Venture between Newton Gold and Amarc Resources Ltd. (TSX-V AHR), the operator of the project.

Highlights of this ongoing drill program are:
- Multiple +100 m intervals grading one gram per tonne gold
- Thicknesses of up to 400 metres of mineralized felsic volcanics  
- Drilling currently defining a central zone of approx. 200 by 400 metres with +0.8 g/t gold intervals
- Drill intersections define a mineralized area measuring 600 by 900 metres open in multiple directions

Holes 11049, 11051 and 11052 all intersected wide intervals of gold mineralization hosted by altered felsic volcanics below the shallowly dipping Newton Hill Fault (see table below).  Mineralization remains open to the south and southeast of the core zone.  These thick intervals of gold mineralization greatly expand the potential of the Newton deposit and are all 50 metre step-outs from previously reported drill holes (see news releases dated Nov.29 and Dec. 6, 2011).  

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Drill Hole  Incl.   From      To    Int.    Au     Ag    AuEQ[1]
ID                    (m)     (m)    (m)  (g/t)  (g/t)     (g/t)
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11049               23.5   144.0  120.5   0.86    2.2      0.90
11049       Incl.   23.5    84.0   60.5   1.21    2.3      1.24
11049              213.0   342.0  129.0   0.71    3.4      0.76
11049       Incl.  228.0   261.0   33.0   1.00    5.2      1.08
11049       Incl.  297.0   315.0   18.0   1.40    2.3      1.43
11050            Hole lost and re-drilled as 11051
11051               81.0   129.0   48.0   0.77    3.7      0.84
11051       Incl.   81.0   102.0   21.0   0.96    5.5      1.05
11051              315.0   408.0   93.0   0.76    1.8      0.79
11051       Incl.  366.0   408.0   42.0   1.21    0.8      1.22
11052               48.0   456.0  408.0   0.60    2.6      0.64
11052       Incl.   48.0   207.0  159.0   0.84    3.1      0.89
11052        and    99.0   207.0  108.0   1.00    3.6      1.06
11052        and   138.0   207.0   69.0   1.23    4.7      1.31
11052       Incl.  318.0   456.0  138.0   0.60    2.8      0.65
11052        and   378.0   456.0   78.0   0.73    2.8      0.78
11052        and   378.0   426.0  48.0    0.93    3.8      0.99
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1. Gold equivalent calculations use metal prices of Au US$1200/oz and Ag US$20/oz. Metallurgical recoveries and net smelter returns are assumed to be 100%.
2. All holes are drilled vertical.
3. Widths reported are drill widths, such that true thicknesses are unknown.  All assay intervals represent length weighted averages.


All of the reported intervals of mineralization are hosted in a thick altered felsic ash tuff containing intervals of possible comagmatic porphyry intrusive units. Alteration is principally quartz-sericite +/- clays and carbonate minerals. Sulphides are dominantly pyrite and marcasite with minor amounts of chalcopyrite, sphalerite, galena and arsenopyrite.

Assaying of holes 11053 through 11055 is in progress and results will be released as they are received and compiled.  Drilling is planned to recommence on or about February 1 and to continue with two drills until the discovery is delineated.  A third drill may be added as the drilling advances.

The Newton property is located some 100 kilometres west of the City of Williams Lake in a region characterized by gently rolling hills. The district is well served by existing transportation and power infrastructure and a skilled workforce, which support a number of operating mines, as well as late-stage mineral development and exploration projects. Newton is located some 175 kilometres south of New Gold's Blackwater gold deposit (Indicated Resources of 184 million tonnes at 0.94 g/t gold and 4.9 g/t silver and Inferred Resources of 43 million tonnes at 0.88 g/t gold and 4.7 g/t silver at a 0.3 g/t gold cut-off - New Gold's website) in what appear to be similar host rocks and geological setting.


About Newton Gold Corp.

Newton Gold Corp. is a British Columbia focused exploration company with two advanced exploration projects. The Company has an experienced management team with a growth strategy to develop a diversified portfolio of exploration projects that can be taken into production. The Company's main objective is to add shareholder value through cost efficient exploration, strategic acquisitions, joint ventures, and effective marketing while maintaining a lower risk profile through project diversification and sound financial management.

Ian Foreman, P.Geo, is Newton Gold's Qualified Person, according to National Instrument 43-101, for the Newton Project and is responsible for the technical data contained in this news release.  
Project management, on-site supervision and QA/QC protocols are carried out by Amarc Resources' personnel.  As part of a comprehensive QA/QC program, one standard and also one field replicate (duplicate) are inserted into the sample stream in each group of 20 samples, as well as one or more field blanks in each analytical batch.
Sample preparation and analysis for the Newton project is done at ISO 9001:2008 accredited Acme Analytical Laboratories (Vancouver) Ltd.  All samples are assayed for gold by 30 g fire assay fusion with Inductively Coupled Plasma - Emission Spectroscopy (ICP-ES) finish. Silver and 33 additional elements are determined for all samples by Aqua Regia digestion, followed by ICP-ES and ICP Mass Spectroscopy (ICP-MS) finish.  All over-limit gold (greater than 10 g/t) are re-assayed by 30 g fire assay fusion with a gravimetric finish.


ON BEHALF OF THE BOARD OF DIRECTORS

Mark McLeary,
President


Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.


Forward Looking Statements:
Statements in this press release, other than purely historical information, including statements relating to the Company's future plans and objectives or expected results, may include forward-looking statements. Forward-looking statements are based on numerous assumptions and are subject to all of the risks and uncertainties inherent in resource exploration and development. As a result, actual results may vary materially from those described in the forward-looking statements.


For more info contact:
Mark McLeary
604-678-2531
mark@mclearycapital.com  


NEWTON GOLD CORP.
Suite 400 - 409 Granville Street
Vancouver, BC, V6C 1T2
Telephone: (604) 678-2531



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Source: Newton Gold Corp. (TSXV: NWG)
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