New World Resource Corp.

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VANCOUVER, BRITISH COLUMBIA--(Marketwired - Nov 20, 2013) - New World Resource Corp. (TSX VENTURE:NW) (FRANKFURT:NWU) ("New World" or the "Company") announces that it has entered into an agreement (the "Agreement") with Fondo de Inversión Privado EPG Exploración Minera ("EPG Exploration Fund"), a private equity fund managed by EPG Partners S.A., in Santiago, Chile. As part of the Agreement, New World can acquire up to 40% interest in the Agua Grande gold-copper project ("Agua Grande" or "the Project") located in Region IV of Chile from Sociedad Contractual Minera Agua Grande (the "Vendor"). Highlights Inverse Polarization ("IP") and resistivity survey indicates several anomalously high zones of continuous chargeability. 3,000 met... [...]

New World announces an update on the underground exploration program at the Lipeña copper-gold project in southern Bolivia with Empresa Minera Marte S.R.L.. MARTE constructed adits and commenced underground exploration on two levels; Level 0 and Level 40, which is 40 metres above Level 0. MARTE intersected mineralization on Level 0 and expects to reach known mineralization on Level 40 within the coming weeks.

New World Resource announces that it has entered into a letter of intent with Sociedad Contractual Minera El Tesoro relating to the El Tesoro copper-gold project, located approximately 250 km north of Santiago and 35 km from the town of Illapel, in Region IV of Chile. Under the terms of the proposed transaction, New World will have the option to acquire up to 100% of the Project.

New World Resource announces that pursuant to an amended option agreement (reported October 11, 2012) the Company has received the second cash installment of US$250,000 from Empresa Minera Marte S.R.L whereby MARTE has earned 17.4% interest in the Lipeña copper-gold project in Southern Bolivia.

New World Resource has been advised by its partner, Empresa Minera Marte that an underground exploration program has commenced at the Lipeña project in southern Bolivia. MARTE has proceeded with the construction of an adit that is designed for underground mapping and drilling, and to extract bulk samples to be treated at a near-by milling operation. The objective of the bulk sampling is for metallurgical testing and [...]

New World Resource announces that it has closed its previously announced amendment to the option agreement with Empresa Minera Marte. Pursuant to the Amended Agreement, MARTE has been granted an option to acquire 37.4% of the Company's 75% interest in the Lipeña copper-gold project in southern Bolivia. At closing, the Company received US$500,000 from MARTE, representing a partial payment towards earning 17.4 [...]

New World Resource announces that it has further amended the terms of its option agreement with Empresa Minera Marte. Pursuant to the Amended Agreement and subject to TSX Venture Exchange approval, MARTE has an option to acquire 37.4% of the Company's 75% interest in the Lipeña copper-gold project in southern Bolivia. Under the terms of the Amended Agreement, MARTE will:

New World Resource announces that Mr. Lyle Brown, a director since 2006, has been appointed as Chairman of the Company's Audit Committee. Mr. Brown is a chartered accountant and partner in the accounting firm of Culver & Co. in Vancouver, British Columbia since 1991. Mr. Brown has served clients in a wide range of industries, and is familiar with the reporting requirements of public companies.

New World Resource announces the appointment of Mr. Brian McEwen P.Geo, to the position of Chief Operating Officer of the Company effective immediately. Mr. McEwen is a professional geologist with more than 30 years of exploration and production experience in open-pit and underground mining projects and operations. His experience includes project management, economic evaluations, resource and reserve evaluations for [...]