PressReleaseDetail

search newgold.com

 
Media Centre

Afton Copper Gold Project

04/22/2002


Revised Press Release - Further to Press Release dated April 16, 2002 the Company wishes to clarify statements made in the last paragraph. The revised paragraph reads as follows:

DRC is pleased with the success of the Afton exploration program and the interest the project has generated from the mining industry and financial community. Confidentiality agreements have been signed with a number of mining companies and financial institutions after determining their level of interest, suitability as partner/investor, bulk underground mining expertise and financial capability. The Company believes it is sound business practice to only consider credible and reputable entities to whom it discloses its proprietary exploration data. Discussions on the Afton Project are continuing with a number of qualified mining companies and financial institutions with plans to advance the project to the next stage of exploration. There is no certainty that these discussions will lead to serious negotiations or a definitive agreement.


On behalf of the Board of Directors
"John H. Kruzick"
John H. Kruzick, President




DATE: April 22, 2002
U.S. Rule 12g3-2(b)Exemption
Moody's Investment Services Manual
Website: www.drcresources.com


WARNING: The company relies on litigation protection for "forward-looking" statements.