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File: NGG NR 2013-05-25  -AFS Delays.docx


For Immediate Release

NEW GUINEA GOLD ANNOUNCES DELAY IN FILING OF ANNUAL FILINGS

May 1, 2013 - Vancouver, British Columbia - New Guinea Gold Corporation ("New Guinea Gold" or the "Company") (TSXV: NG
--->G) announces that the filing of the Company's audited annual financial statements for the year ended December 31, 2012
--->, including the related management discussion and analysis, and CEO and CFO certifications (collectively, the "Annual 
--->Financial Filings") will not be filed by the required filing deadline of April 30, 2013 (the "Filing Deadline").

The Annual Financial Filings will not be filed before the Filing Deadline as the Company has recently completed a chan
--->ge of auditor, and the Company's newly appointed auditor does not have the necessary time to complete its audit prior 
--->to the Filing Deadline.

The Company's staff are working diligently with its auditors and the Company anticipates that it will be in a position
---> to file the Required Documents before June 30, 2013.

The Company has applied to the applicable securities regulatory authorities and received a management cease trade orde
--->r related to the Company's securities to be imposed against all of the persons who are currently directors or officers
---> of the Company to trade securities of the Company.  The management cease trade order will be in effect until the Annu
--->al Financial Filings are filed.

Until the Annual Financial Filings are filed, the Company intends to provide information in accordance with National P
--->olicy 12-203 Cease Trade Orders for Continuous Disclosure Defaults.

ON BEHALF OF THE BOARD
Greg Heaney CEO and Director

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 may contain forward-looking statements
---> that involve substantial known and unknown risks and uncertainties.  These forward-looking statements are subject to 
--->numerous risks and uncertainties, certain of which are beyond the control of NGG, including, but not limited to the im
--->pact of general economic conditions, industry conditions, volatility of commodity prices, risks associated with the un
--->certainty of resource and reserve estimates, currency fluctuations, dependence upon regulatory approvals, the availabi
--->lity of future financing and exploration risk.  Readers are cautioned that the assumptions used in the preparation, ma
--->y prove to be imprecise and, as such, undue reliance should not be placed on the forward-looking statements.