New Guinea Gold Corp : New Guinea Gold Announces Re-Issued Financial Statements

Canada: Australia:

900 - 595 Howe Street P.O. Box 10328

Vancouver, B.C., Canada, V6C2T5 Brisbane Adelaide St, Qld 4000

Phone: [phone], ext 103 Phone: [phone]

Fax: [phone] Fax: [phone]

Email: [e-mail] Email: [e-mail]

Trading Symbols: TSX-V: NGG

Frankfurt: NG8

Web Site: www.newguineagold.ca

RE-ISSUED FINANCIAL STATEMENTS

Vancouver, BC - September 11, 2013 - New Guinea Gold Corporation. ("NGG" or the "Company") (TSX-V: NGG) wishes to advise that it has today re-lodged its audited financial statements (" Financial Statements") for the year ended December 31, 2012 at the request of the British Columbia Securities Commission ("BCSC").
The BCSC advised the Company that the unqualified Independent Auditors Report, contained in the Financial Statements lodged on September 6, 2013, required some additional disclosures.
Specifically, additional wording was added to clarify that the Company's previous auditors, BDO Canada LLP, audited the financial statements for the year ended December 31, 2011, and issued an unqualified audit opinion in relation to those Financial Statements.
There were no changes made to the Financial Statements other than to the Independent
Auditors Report.
The Company will continue to liaise with the BCSC in relation to the revocation of the CTO as soon as possible, as well as liaising with the TSX-V in connection with the reinstatement to trading of the Company's securities on the exchange.

ON BEHALF OF THE BOARD

Greg Heaney
Director
For further information, please contact [e-mail], or access our website -
www.newguineagold.ca.

Neither the 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 - Certain information set forth in this news release contains forward-looking statements, including the timing of filing of NGG's Annual Financial Filings. These forward looking statements involve substantial

known and unknown risks and uncertainties, certain of which are beyond the control of NGG, including, but not limited to the impact of general economic conditions, industry conditions, volatility of commodity prices, risks associated with the uncertainty of resource and reserve estimates, currency fluctuations, dependence upon regulatory approvals, the availability of future financing and exploration risk. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements.