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NEW GOLD INC. (NGD)
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NGD » Topics » UNDERGROUND EXCAVATION PROGRAM

This excerpt taken from the NGD 6-K filed Aug 24, 2005.

UNDERGROUND EXCAVATION PROGRAM


The main exploration decline has been advanced to its target distance of 1,226m, and is now complete.  The cross-cut into mineralization has been advanced a total of approximately 315m, and now consists of two branches (north and south).  Before starting the two branches, the main decline was in mineralization for a length of approximately 62m, since when the north branch has



been in mineralization for approximately 36m, and the south branch for approximately 44m.  These two branches will facilitate sampling and geotechnical analysis of different styles of copper mineralization.  The total amount of underground excavation (including main decline, cross-cuts, drill bays, sumps, etc) now totals approximately 1,725m, representing more than 85% completion of the total project.  The Company remains fully funded to complete the remainder of this work.


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