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File: 2013-05-14 Press Release - Update  (1).doc



COMPANY UPDATE

Vancouver, BC - May 14, 2013 - New Guinea Gold Corporation. ("NGG" or the "Company") (TSX-V: NGG) wishes to advise tha
--->t its subsidiary company, New Guinea Gold Limited, has secured short-term loan funding in Papua New Guinea to assist i
--->n meeting working capital requirements over the coming months as phase one mining comes to an end at its Mt Sinivit mi
--->ne.

The PGK650,000 loan is guaranteed by the Company and is repayable by monthly installments over the coming 12 months. T
--->he interest rate is 6.6% 

As previously advised, the Company is continuing to pursue a number of opportunities in relation to the long-term futu
--->re of the Mt Sinivit mine and associated exploration licenses. Due to the nature and stage of discussions, the Company
---> is unable to provide further details at this time. The Company will update shareholders on the progress of these disc
--->ussions at the appropriate time.




ON BEHALF OF THE BOARD
Greg Heaney
Director
For further information, please contact info@newguineagold.ca, 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, i
--->ncluding 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 w
--->ith the uncertainty of resource and reserve estimates, currency fluctuations, dependence upon regulatory approvals, th
--->e availability of future financing and exploration risk. Readers are cautioned that the assumptions used in the prepar
--->ation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, a
--->s such, undue reliance should not be placed on forward-looking statements.