New Gold
is an intermediate gold producer with cash flow positive operating
assets in the United States, Mexico and Australia and development
projects in Canada and Chile. The company has a solid platform for
profitable growth with a strong financial position and a talented
management team and Board of Directors who have the experience to
continue to execute on New Gold's growth strategy. The Mesquite Mine in
the United States, the Cerro San Pedro Mine in Mexico and eak Gold
Mines in Australia are expected to produce between 380,000 and 400,000
ounces of gold in 2011. The fully-funded New Afton project in Canada is
scheduled to add further growth in 2012. In addition, New Gold owns 30%
of the world-class El Morro project located in Chile and, in June 2011,
New Gold acquired the exciting Blackwater project in Canada.