News Releases

September 8, 2019: New Carolin Gold Corp. Announces Acquisition of Leased Operational Equipment and Capital Assets

September 8, 2019 — New Carolin Gold Corp. (the “Company” or “New Carolin”) (TSXV: LAD / OTCBB: LADFF) reports that it has entered into an agreement dated September 6, 2019 with a third party (the “Vendor”) pursuant to which the Company has agreed to purchase from the Vendor certain existing operational equipment used by the Company in its exploration activities at its Ladner Gold Project. The agreed purchase price for the equipment is $200,000 (the “Purchase Price”) to be satisfied by a cash payment of $25,000 and the issue 1,750,000 common shares of the Company. Closing of the transaction remains subject to regulatory approval.

The common shares to be issued pursuant to the aforementioned agreement will be subject to a four month restricted resale period in accordance with the policies of the TSX Venture Exchange and applicable securities laws.

About New Carolin Gold Corp.

New Carolin Gold is a Canadian-based junior company focused on the exploration, evaluation and development of our 100% owned property consisting of 144 square kilometers of contiguous mineral claims and crown grants, collectively known as the “Ladner Gold Project” (Project). The Project is located near Hope, BC in the prospective and under- explored Coquihalla Gold Belt, which is host to several historic small gold producers including the Carolin Mine, Emancipation Mine and Pipestem Mine, and numerous gold prospects.

For additional information, please visit the Company’s website at www.newcarolingold.com.

ON BEHALF OF THE BOARD OF DIRECTORS

“Kenneth R. Holmes”

President

Phone: (778) 379-1275
Toll Free: 1(855) 891-9185

E-mail: info@newcarolingold.com Web site: www.newcarolingold.com

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

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 the accuracy of this press release.

Caution concerning forward-looking information

This news release may contain forward-looking statements that are based on the Company’s expectations, estimates and projections regarding its business and the economic environment in which it operates. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements. Statements speak only as of the date on which they are made and the Company undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances, unless otherwise required to do so by law.

January 15, 2019: New Carolin Gold Corp. Exploration Plans For 2019

January 15, 2019 – New Carolin Gold Corp. (the “Company” or “New Carolin”) (TSXV: LAD | OTCBB: LADFF): New Carolin is pleased to announce plans for the upcoming year at its 100% owned Ladner Gold Project, which includes the Carolin Gold Mine 18 kms northeast of Hope, British Columbia. During 2018, the Company completed a share consolidation, which with the completion of three financings has resulted in 31,777,175 common shares currently issued and outstanding.  The financings enabled the preparation of the underground for drilling and completion of a 13 hole drill program.

The program was principally designed to validate historic drilling and advance the development of potential targets to expand the 2012 inferred resource of 278,000 ounces Au (2.6 million tonnes at 3.34 g/t grams-per-tonne gold (g/t Au) at a 2 g/t Au cutoff grade)[1].  These potential targets were announced in the Company’s press release dated October 17, 2018.  Recent drilling of these targets is highlighted by results from drill hole 18NC10 that intersected 93 meters averaging 1.39 g/t Au; including 7 meters of 5.75 g/t Au. This hole was drilled diagonally across two widely spaced historic holes, 11050-60 and 11000-71 that returned significant broad gold mineralized intercepts that were not followed up until 2018. Collectively the historic drill holes and holes drilled in 2018 confirm the expected geology and mineralization in the Main Zone and encountered an additional lower zone that is offset 200 metres to the southwest, referred to as the Hozameen Zone.

The current and historic drilling confirms the presence of a significant new zone of gold mineralization, offset to the west that is distinct from the Carolin Mine Main Zone.  The current geological interpretation of the Company’s Main Zone includes mineralization hosted within the limbs and fold axis of a shallow northwest plunging anticline.  The discovery of a broad zone of gold mineralization within drill hole 18NC10 is significant in that it may represent a parallel fold structure, offset from the Carolin Mine Main Zone.

In addition to the underground targets at the Carolin mine, New Carolin’s land holdings contain four other historic mines and 24 other known gold showings.  Geological consultants are presently developing additional drill targets near or beneath these other mines and gold showings. In 2019, subject to financing, the Company intends to carry out a 4,000 to 5,000 meter drill program to test new underground targets and surface targets near or beneath the other historic gold mines and gold showings on the property.

The President of New Carolin, Kenneth Holmes, stated “We are very excited to begin drilling.  The discovery of the new zone by drill hole 18NC10 has added considerable potential to the Project.  It’s exceptional to find a land package of this scale that has both considerable historic gold production with an existing gold resource and is also relatively unexplored with modern techniques.  We expect that our next round of drilling will more than justify our enthusiasm.”

Ladner Gold Project

In addition to mineral resources at the Carolin Mine, the Ladner Gold Project comprises an area of approximately 144 square-kms that extends 28 km along strike of the Coquihalla Serpentine Belt, an elongated north west to south east striking belt of oceanic rocks bounded to the west by the Hozameen fault system. This rock unit and fault system separates the Hozameen Group (an obducted ophiolite sequence) to the West from the Ladner Group sediments and Spider Creek Formation greenstones to the East.  It is a regional-scale structure that exerts strong control on the distribution of five (5) historic mines (Carolin, Emancipation, Aurum, Pipestem and Ward) and 24 other known gold showings.

The majority of the gold occurrences, other than the Carolin Mine, have had little or no follow-up work via modern day exploration techniques.  It is for this reason that, subject to financing and in addition to its planned underground drilling, the Company plans to develop and test several surface targets related to the other historic mines and gold occurrences on the property.

Mineralization, that has been found disseminated in sedimentary sequences, high grade quartz veins and in contact zones with serpentinite, extends through the mountainous terrain for over 28 kilometers and up to 700 meters of vertical relief.  Management believes that the remarkable amount and distance between showings is evidence of a large and robust mineralizing event that has emplaced gold in numerous host environments regionally.

At the Carolin Mine, mineralized zones are up to 30 meters in true thickness and occur as a moderate northwest plunge that can be traced 500 meters down plunge and 300 meters vertically over eight levels of historic underground development. The mineralized zones outcrop on surface at the southeast, up-plunge extent and remains open down-plunge to the northwest. Several other targets occur along strike of the Carolin Mine, the nearest includes the McMaster zone located 700 metres to the northwest.

This geological environment is very similar to the Bralorne mine, which was the largest gold producer in the British Commonwealth until 1972.  Serpentinite represents ancient oceanic crust that has been obducted onto the continental margin along ancient faults that provide structural conduits for gold bearing fluids.

For more details regarding the Company’s Ladner Gold Project and Mineral Resources, see the Company’s National Instrument 43-101 Technical Report for the Ladner Gold Project dated May 29, 2015 (the “Company’s Technical Report”) and filed on SEDAR.

All disclosure of scientific or technical information made herein, including any disclosure of a mineral resource or mineral reserve, is based upon information prepared by or under the supervision of Trevor Rabb, P.Geo. (BC), a qualified person as defined by National Instrument 43-101. Mr. Rabb has reviewed and approved the scientific or technical content of this news release as it relates to the Carolin Mine and Ladner Gold Project.

 

 About New Carolin Gold Corp.

New Carolin Gold is a Canadian-based junior company focused on the exploration, evaluation and development of our 100% owned property consisting of 144 square kilometers of contiguous mineral claims and crown grants, collectively known as the “Ladner Gold Project” (Project).  The Project is located near Hope, BC in the prospective and under-explored Coquihalla Gold Belt, which is host to several historic small gold producers including the Carolin Mine, Emancipation Mine and Pipestem Mine, and numerous gold prospects.

For additional information, please visit the Company’s website at www.newcarolingold.com.

 ON BEHALF OF THE BOARD OF DIRECTORS

“Kenneth R. Holmes”

President

New Carolin Gold Corp.

 

Phone:              (778) 379-1275

Toll Free:          1(855) 891-9185

E-mail:  ceo@newcarolingold.com

Web site:  www.newcarolingold.com

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

 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 the accuracy of this press release. 

Caution concerning forward-looking information

 This news release may contain forward-looking statements that are based on the Company’s expectations, estimates and projections regarding its business and the economic environment in which it operates.  These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict.  Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements.  Statements speak only as of the date on which they are made and the Company undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances, unless otherwise required to do so by law.

 

[1] The current Carolin mine Mineral Resource was calculated in a technical report authored by W.A.Dzick and C. Pearson, dated May 15, 2012, and titled “NI43-101 Mineral Resource Estimates on the Carolin Mine and McMaster Zone, Ladner Gold Project.

January 2, 2019: New Carolin Gold Corp. Announces Results from Annual General and Special Meeting of Shareholders

January 2, 2019 New Carolin Gold Corp. (the “Company” or “New Carolin”) (TSXV: LAD | OTCBB: LADFF): New Carolin is pleased to announce the results of its annual general and special meeting of shareholders (the “AGM”) held on Tuesday,December 18, 2018 in Vancouver, Canada. Shareholders voted in favour of all items put forward by the Board of Directors and management of the Company. All five of the individuals nominated for the Board of Directors – Robert L. Thast, Richard T. Gillard, Kenneth R. Holmes, Robert P. Lunde and Christopher Taylor – were elected at the AGM and will serve as directors of the Company for the ensuing year, other than Robert Thast who has resigned from the Board of Directors subsequent to the date of the AGM, as further disclosed in the Company’s press release dated December 26, 2018.

The shareholders of the Company also voted in favour of (i) appointing Crowe MacKay LLP, Chartered Accountants, as auditors of the Company for the ensuing year and authorizing directors to fix the auditors’ remuneration; (ii) re-approving the Company’s incentive stock option plan; and (iii) approving the re-pricing of certain stock options granted under the Company’s stock option plan.

About New Carolin Gold Corp.

New Carolin Gold is a Canadian-based junior company focused on the exploration, evaluation and development of our 100% owned property consisting of 144 square kilometers of contiguous mineral claims and crown grants, collectively known as the “Ladner Gold Project” (Project). The Project is located near Hope, BC in the prospective and under-explored Coquihalla Gold Belt, which is host to several historic small gold producers including the Carolin Mine, Emancipation Mine and Pipestem Mine, and numerous gold prospects.

For additional information, please visit the Company’s website at www.newcarolingold.com.

ON BEHALF OF THE BOARD OF DIRECTORS

“Kenneth R. Holmes”

President

Phone:              (778) 379-1275

Toll Free:           1(855) 891-9185
E-mail: info@newcarolingold.com
Web site: www.newcarolingold.com

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

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 the accuracy of this press release.

Caution concerning forward-looking information

December 26, 2018: New Carolin Gold Corp. Announces Director Resignation

December 26, 2018New Carolin Gold Corp. (the “Company” or “New Carolin”) (TSXV: LAD | OTCBB: LADFF): New Carolin announces that Robert Thast has resigned from the Board and wishes to thank him for the service he has provided. Bob lead the corporate effort to consolidate title to the Company’s Ladner Creek Project, a major step toward enabling the development of what management believes to be a district scale gold camp. We wish Bob a healthy recovery.

About New Carolin Gold Corp.

New Carolin Gold is a Canadian-based junior company focused on the exploration, evaluation and development of our 100% owned property consisting of 144 square kilometers of contiguous mineral claims and crown grants, collectively known as the “Ladner Gold Project” (Project).  The Project is located near Hope, BC in the prospective and under-explored Coquihalla Gold Belt, which is host to several historic small gold producers including the Carolin Mine, Emancipation Mine and Pipestem Mine, and numerous gold prospects.

For additional information, please visit the Company’s website at www.newcarolingold.com.

ON BEHALF OF THE BOARD OF DIRECTORS

“Kenneth R. Holmes”

President

Phone:              (778) 379-1275

Toll Free:           1(855) 891-9185

E-mail:   info@newcarolingold.com

Web site:  www.newcarolingold.com

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available. 

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 the accuracy of this press release. 

Caution concerning forward-looking information

 This news release may contain forward-looking statements that are based on the Company’s expectations, estimates and projections regarding its business and the economic environment in which it operates. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict.  Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements.  Statements speak only as of the date on which they are made and the Company undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances, unless otherwise required to do so by law.

December 19, 2018: New Carolin Gold Corp. Announces Completion of Unit Offering

December 19, 2018 — New Carolin Gold Corp. (the “Company” or “New Carolin”) (TSXV: LAD / OTCBB: LADFF) reports that it has closed its non-brokered private placement of units previously announced on November 23, 2018. On closing, the Company issued 2,459,999 Units at $0.15 per Unit for gross proceeds of $369,000. Each Unit is comprised of one common share and one share purchase warrant (“Warrant”), with each Warrant entitling the holder to purchase one additional common share at a price of $0.25 per share for a period of twenty-four months from closing. Proceeds of the Unit offering will be used for continued development of the Company’s Ladner Gold Project in southwestern British Columbia and general working capital.

In connection with the private placement, the Company paid finder’s fees in respect of subscribers introduced to the Company, which consisted of cash payments in the aggregate amount of $8,100 and the issuance of 54,000 broker warrants (“Broker Warrants), with each Broker Warrant entitling the holder to purchase one additional common share at a price of $0.25 per share for a period of twelve months from closing.

All securities issued under the private placement are subject to a four month and one-day restricted resale period expiring on April 20, 2019 in accordance with the policies of the TSX Venture Exchange and applicable securities laws.

About New Carolin Gold Corp.

New Carolin Gold is a Canadian-based junior company focused on the exploration, evaluation and development of our 100% owned property consisting of 144 square kilometers of contiguous mineral claims and crown grants, collectively known as the “Ladner Gold Project” (Project). The Project is located near Hope, BC in the prospective and under-explored Coquihalla Gold Belt, which is host to several historic small gold producers including the Carolin Mine, Emancipation Mine and Pipestem Mine, and numerous gold prospects.

For additional information, please visit the Company’s website at www.newcarolingold.com.

ON BEHALF OF THE BOARD OF DIRECTORS

“Kenneth R. Holmes”

President

Phone:             (778) 379-1275

Toll Free:         1(855) 891-9185

E-mail:             info@newcarolingold.com

Web site: www.newcarolingold.com

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available. 

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 the accuracy of this press release.

Caution concerning forward-looking information 

This news release may contain forward-looking statements that are based on the Company’s expectations, estimates and projections regarding its business and the economic environment in which it operates. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements. Statements speak only as of the date on which they are made and the Company undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances, unless otherwise required to do so by law.

October 19, 2018: New Carolin Gold Corp. Issues Clarification Regarding Targets

October 19, 2018 – New Carolin Gold Corp. (the “Company” or “New Carolin”) (TSXV: LAD | OTCBB: LADFF):New Carolin announces that, although potential quantities and grades reported October 17, 2018 for its four near-mine targets at the Company’s 100% owned Ladner Gold Project were correct, the calculation of potential contained gold was in error and should be disregarded.

The four targets are referred to as the Hozameen Zone, Aurum, Aurum Connector and Aurum Deep Targets (see Figure 1).

Figure 1: 800 and 825 m RL Composite Plan Map showing Hozameen Zone and Aurum targets

The corrected potential quantities and grades of these conceptual exploration targets are summarized as follows:

Target Tonnes Grade

(Au, g/t)

Au (g) Au (oz)
From To From To From* To** From To
 

Hozameen

356,000 a 600,000 2.30 3.70 1,317,200 1,380,000 42,349 44,368
Aurum &

Aurum   Deep

412,830 b 1,078,000 1.72 3.10 1,279,773 1,854,160 41,146 59,613
Aurum Connector 93,000 c 194,000 1.72 3.10 288,300 333,680 9,269 10,728
a – Based on target

80 x 5 x 320

          

b – Based on target

550 x 9 x 30

 

c – Based on target size of 280 x 4 x 30

 

Total Au (oz) 93,000 115,000

*The calculation of the lower value of the potential Au was made by multiplying the lower value of the potential (conceptual) tonnage range by the upper value of the grade range.

**The calculation of the upper value of the potential Au was made by multiplying the upper value of the potential (conceptual) tonnage range by the lower value of the grade range.

The potential quantity and grade for the Hozameen zone, Aurum, Aurum Connector and Aurum Deep targets contained in this news release are conceptual in nature.  There has been insufficient exploration to define a mineral resource and it is uncertain if further exploration will result in the target being delineated as a mineral resource.

HOZAMEEN ZONE

The Hozameen Zone is characterized by a northwest-plunging, antiformal contact between strongly altered andesite volcanic rocks and the mine sequence metasedimentary rocks. Elevated gold grades encountered in hole 18NC10 include 5.00 m of 3.23 g/t (89.00 – 94.00 m) and 9.00 m of 5.04 g/t (63.00 – 72.00 m) and occur within andesite characterized by strong albite-ankerite alteration and wallrock sulphidation proximal to quartz veins. Historical drilling encountered similar or better grades (Table 1).

Table 1: Hozameen Zone recent and historical drill hole intercepts

Hole From (m) To (m) Interval (m) Au (g/t)
18NC10 63.0 72.0 9.0 5.04
18NC10 89.0 94.0 5.0 3.23
11050-60 276.8 314.7 37.9 2.50
11000-71 154.9 265.6 110.7 2.13
including 154.9 162.0 7.1 6.43
including 178.3 182.3 4.0 3.40
including 192.0 196.9 4.9 3.76
including 226.5 229.5 3.0 3.84
934-96-1 47.0 73.0 26.0 4.73
including 47.0 50.0 3.0 5.90
including 54.0 73.0 19.0 5.14
966-8 8.1 15.3 7.2 2.88
966-96-1 24.8 32.0 7.2 3.26
11050-63 165.5 174.5 9.0 11.40
11100-61 186.9 190.0 3.1 10.26
11100-96-1 225.6 230.3 4.7 5.47

 

The conceptual size of the tabular-shaped Hozameen Zone has been defined by recent and historical drill hole data and is exclusive of the 2012 resource estimate. A wireframe solid representing Hozameen Zone mineralization was generated based on cross section and plan interpretation. Using an average specific gravity of 2.78, and volume defined by the mineralized solid, the conceptual tonnage of the Hozameen Zone ranges from approximately 356,00 to 600,000 tonnes with gold grades within the solid range from 2.30 g/t Au, represented by drill hole assay results from a total of 337 samples contained within the mineralised domain, to 3.70 g/t Au, represented by ten composite drill hole intervals within the domain. The Hozameen zone remains open down plunge to the northwest and is a priority for the next drilling campaign.  The potential quantity and grade for the Hozameen zone is conceptual in nature.  There has been insufficient exploration to define a mineral resource and it is uncertain if further exploration will result in the target being delineated as a mineral resource.

AURUM & AURUM DEEP TARGETS

The Aurum Deep and Aurum targets are hosted by talc schist situated near a subvertical contact between mixed andesite and metasedimentary rocks and ultramafic rocks. The two targets are interpreted to occur within the same pseudo-stratigraphic position but 280 metres apart. The Aurum target was explored from 1920 to 1930 with minor underground development and gold production. The Aurum target was subsequently drilled in 1989. Drill hole intervals from the Aurum Deep and Aurum targets are summarized in tables 2 and 3 respectively.

Table 2: Aurum Deep Target drill hole intercepts

Hole From (m) To (m) Interval (m) Au (g/t)
18NC10 145.0 149.0 4.0 3.02
837-96-1 178.4 183.4 5.0 2.86
895-96-3 175.0 182.0 7.0 3.94
11000-71 247.3 251.3 4.0 4.17
11050-60 276.8 310.4 33.6 2.66
including 276.8 296.8 20.1 3.49
including 305.6 310.4 4.8 2.76

 

Table 3: Aurum Target historical drill hole intercepts

Hole From (m) To (m) Interval (m) Au (g/t)
C-1 92.2 94.4 5.2 2.19
OG-53 42.4 46.0 3.6 6.79
ID-12 38.4 41.2 3.1 4.05
OG-56 47.8 52.1 4.3 1.86

 

The conceptual size of the cigar-shaped Aurum and Aurum Deep target has been defined by recent and historical drilling and is exclusive of the 2012 resource estimate. A wireframe solid representing the Aurum and Aurum deep target was generated based on cross section and plan interpretation using current and historical drill hole data. Using an average specific gravity of 2.78, the cumulative tonnage of the Aurum and Aurum Deep targets range from 412,830 to 1,078,000 tonnes with gold grades within the zone range from an average of 1.72 g/t Au, represented by 252 samples contained within the mineralised domain, to 3.10 g/t Au, represented by nine drill hole composite intervals. The potential quantity and grade for the Aurum and Aurum Deep exploration targets is conceptual in nature.  There has been insufficient exploration to define a mineral resource and it is uncertain if further exploration will result in the target being delineated as a mineral resource.

 AURUM CONNECTOR ZONE

At present, a 280-metre gap exists between the Aurum Deep and Aurum targets where additional drilling is required to determine if continuity exists between the two zones. This gap, the Aurum Connector, represents a potential target ranging from 93,000 to 194,600 tonnes at 1.72 g/t Au to 3.10 g/t Au.

QUALIFICATION

The potential quantity and grade for the Hozameen zone, Aurum, Aurum Connector and Aurum Deep targets contained in this news release are conceptual in nature.  There has been insufficient exploration to define a mineral resource and it is uncertain if further exploration will result in the target being delineated as a mineral resource.

The potential quantity and grade for the Hozameen, Aurum and Aurum Deep targets are based on a 3Dwireframe solids generated from cross section and plan interpretation of mineralization from historic and current drill holes, and from the samples and drill hole intervals of which the 3D wireframes contain. The disclosed grade and tonnage of these targets are exclusive of known mined portions of the New Carolin Mine and of resource blocks that are contained in the 2012 Resource estimate.

The basis of the potential tonnage for the Aurum Connector is based on the conceptual target having similar dimensions as the Aurum and Aurum Deep targets based on an average thickness of 4 metres, vertical extent of 30 metres, potential strike length of 280 metres and SG of 2.78.

All disclosure of scientific or technical information made herein is based upon information prepared by or under the supervision of Trevor Rabb, P.Geo. (BC), a qualified person as defined by National Instrument 43-101. Mr. Rabb has reviewed and approved the scientific or technical content of this news release as it relates to the Carolin Mine and Ladner Gold Project.

For more details regarding the Company’s Ladner Gold Project and Mineral Resources, see the Company’s National Instrument 43-101 Technical Report for the Ladner Gold Project dated May 29, 2015 (the “Company’s Technical Report”) and filed on SEDAR.

About New Carolin Gold Corp.

New Carolin Gold is a Canadian-based junior company focused on the exploration, evaluation and development of our 100% owned property consisting of 144 square kilometers of contiguous mineral claims and crown grants, collectively known as the “Ladner Gold Project” (Project). The Project is located near Hope, BC in the prospective and under-explored Coquihalla Gold Belt, which is host to several historic small gold producers including the Carolin Mine, Emancipation Mine and Pipestem Mine, and numerous gold prospects.

For additional information, please visit the Company’s website at www.newcarolingold.com.

ON BEHALF OF THE BOARD OF DIRECTORS

“Kenneth R. Holmes”

President

Phone:             (778) 379-1275

Toll Free:          1(855) 891-9185

E-mail:  info@newcarolingold.com

Web site: www.newcarolingold.com

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

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 the accuracy of this press release.

Caution concerning forward-looking information

This news release may contain forward-looking statements that are based on the Company’s expectations, estimates and projections regarding its business and the economic environment in which it operates.  These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements. Statements speak only as of the date on which they are made and the Company undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances, unless otherwise required to do so by law.

September 4, 2018: New Carolin Gold Corp Drills 93 Meter Intersection, Discovers New Mineralized Zone

September 4, 2018New Carolin Gold Corp. (the “Company” or “New Carolin”) (TSXV: LAD | OTCBB: LADFF): New Carolin is pleased to announce assay results from the latest phase of underground drilling at the Company’s 100% owned Ladner Gold Project, which includes the Carolin Gold Mine, just 18 kms northeast of Hope, British Columbia.

Building upon historical data gathered from previous production, drilling and sampling, the recently completed phase of 13 diamond drill holes totalling 1,489 metres was designed to expand the known resource within the bulk tonnage sedimentary gold emplacement model, specifically to confirm select high grade historic drill intercepts cutting in-situ Main Zone mineralization directly in front and down plunge of existing Carolin Mine open stopes between the 800 meter and 875 meter levels; cut the northern extent of the East Zone mineralization; and provide confirmation and select step-out drilling below the Lower Zone mineralization (Figure 1).

The drilling results appear to confirm the historical data and the continuation of the Company’s exploration strategy (Table 1).

However, of particular note is drill hole 18NC10 which, in addition to confirming expected geology and mineralization in the Main Zone, pierced an additional lower zone offset 200 metres to the southwest, referred to as the Hozameen Zone. Drill hole 18NC10 intersected 93 meters averaging 1.39 grams-per-tonne gold (g/t Au); including 7 meters of 5.75 g/t Au (Table 1). This hole was drilled diagonally across two widely spaced historic holes, 11050-60 and 11000-71 that returned significant broad gold mineralized intercepts that until now had never been followed up (Table 2).

Table 1: 2018 Carolin Mine Phase 1 Significant Drill Intercepts

Drill Hole Mine Level From (m) To (m) Interval (m*) Au (g/t)
18NC01 840 21.00 37.35 16.35 2.15
including   21.00 28.00 7.00 3.39
18NC02 840 15.00 22.00 7.00 0.21
and 29.90 37.00 7.10 0.98
18NC03 875 0.98 8.48 7.50 1.55
and 12.98 20.48 7.50 0.65
and 75.00 79.00 4.00 1.58
and 114.00 122.00 8.00 0.78
18NC04 875 6.10 14.00 7.90 1.16
18NC05 800 11.00 37.00 26.00 1.32
including   16.15 24.00 7.85 2.07
and 52.00 57.85 5.85 1.22
18NC06 800 36.00 47.20 11.20 2.91
18NC07 800 31.00 61.87 30.87 0.48
including 31.00 37.00 6.00 1.15
including 55.00 61.87 6.87 0.58
18NC08 800 22.35 39.00 16.65 0.22
18NC09 800 6.00 16.00 10.00 1.40
and 30.48 35.50 5.02 0.48
and 66.00 81.00 15.00 0.82
18NC10 800 11.00 18.00 7.00 1.89
and   58.00 151.00 93.00 1.39
including   61.00 99.00 38.00 2.36
including   63.00 80.00 17.00 3.43
including   65.00 72.00 7.00 5.75
including   106.00 119.00 13.00 1.23
including   144.00 150.00 6.00 2.21
18NC11 800 29.00 51.00 22.00 1.69
including   32.00 40.00 8.00 2.50
18NC12 800 27.00 42.00 15.00 0.81
including 35.00 42.00 7.00 1.24
18NC13 840 5.00 21.00 16.00 0.46
and 33.00 59.00 26.00 0.62
including 33.00 41.00 8.00 1.09

*True widths are estimated to be 70-90% of the drilled intercept. Due to the limited nature of previous drilling, the true width of drilled intercepts for drill holes 18NC09, 18NC10, and 18NC13 are not known.

The current and historic drilling confirms the presence of a significant new zone of gold mineralization, offset to the southwest and distinct from Carolin Mine Main Zone.  Within the context of the Company’s Main Zone geological model, which interprets mineralization as hosted within a shallowly northwest plunging anticlinal hinge zone, the discovery of a broad zone of gold mineralization within drill hole 18NC10 is significant in that it may represent a parallel fold structure, or potential fault offset of the Carolin Mine Main Zone. The current Hozameen Zone gold intercept represents a near-mine “blind” discovery that warrants additional follow-up diamond drilling to establish its geometry, vertical, and lateral continuity.

Table 2: Hozameen Zone Historic Drill Intercepts

Hole From (m) To (m) Interval (m) Au (g/t)
11050-60 276.76 314.65 37.89 2.50
11000-71 154.89 265.55 110.66 2.13
including 154.89 163.00 8.11 5.94
including 191.00 198.00 7.00 3.34
including 247.32 262.50 15.18 4.00

 

Work on the Lander Gold Project is supervised by Kristopher J. Raffle, P.Geo. (BC) Principal and Consultant of APEX Geoscience Ltd. of Edmonton, AB, a qualified person as defined by National Instrument 43-101. Mr. Raffle has reviewed and approved the scientific or technical content of this news release as it relates to the Carolin Mine and Ladner Gold Project. The 2018 core holes were drilled using NQ tooling to produce 4.76 cm diameter dill core.  Core samples were half sawn and submitted to ALS Minerals (North Vancouver) or Activation Laboratories Ltd (Kamloops); both ISO 17025 and 9001:2015/2008 (ALS/Actlabs) accredited geo-analytical laboratories that are independent of the Company.  Drill core samples were subject to crushing at a minimum of 70% passing 2 mm, followed by pulverizing of a 250 gram split to 85% passing 75 microns (ALS) or 95% passing 105 microns (Actlabs). Gold determination was via  standard 30 gram fire-assay (FA) analysis. A quality assurance/quality control (QA/QC) program is in place, with the insertion of standard, blank and duplicate samples into the sample stream to confirm the accuracy of the reported results.

For more details regarding the Company’s Ladner Gold Project and Mineral Resources, see the Company’s National Instrument 43-101 Technical Report for the Ladner Gold Project dated May 29, 2015 (the “Company’s Technical Report”) and filed on SEDAR.

About New Carolin Gold Corp.

New Carolin Gold is a Canadian-based junior company focused on the exploration, evaluation and development of our 100% owned property consisting of 144 square kilometers of contiguous mineral claims and crown grants, collectively known as the “Ladner Gold Project” (Project).  The Project is located near Hope, BC in the prospective and under-explored Coquihalla Gold Belt, which is host to several historic small gold producers including the Carolin Mine, Emancipation Mine and Pipestem Mine, and numerous gold prospects.

For additional information, please visit the Company’s website at www.newcarolingold.com. 

ON BEHALF OF THE BOARD OF DIRECTORS

“Kenneth R. Holmes”
President

Phone:              (778) 379-1275

Toll Free:           1(855) 891-9185

E-mail:    info@newcarolingold.com

Web site:  www.newcarolingold.com

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

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 the accuracy of this press release. 

Caution concerning forward-looking information

This news release may contain forward-looking statements that are based on the Company’s expectations, estimates and projections regarding its business and the economic environment in which it operates.  These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict.  Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements.  Statements speak only as of the date on which they are made and the Company undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances, unless otherwise required to do so by law.

August 2, 2018: New Carolin Grants Stock Options

Vancouver, BC, August 2, 2018. New Carolin Gold Corp (“New Carolin” or the “Company”) (TSX.V “LAD” and OTCBB “LADFF”) announces that, pursuant to its stock option plan, incentive stock options have been granted entitling the holders to purchase up to 400,000 shares of the Company at an exercise price of $0.35 per share. The options can be exercised for a period of five years, effective August 3, 2018.

In addition, the Company also announces that, pursuant to an equipment lease agreement made as of May 1, 2018 between the Company, as lessee, and a third party, as lessor, the Company has agreed to issue shares to the third party to satisfy $30,000 of the equipment rental, which shares are to be issued at the Market Price, as that term is defined in the Policies of the Exchange. For this purpose the Market Price as of today’s date is $0.345.

New Carolin Gold is a Canadian-based junior company focused on the exploration, evaluation and development of our 100% owned property consisting of 144 square kilometers of contiguous mineral claims and crown grants, collectively known as the “Ladner Gold Project” (Project).  The Project is located near Hope, BC in the prospective and under-explored Coquihalla Gold Belt, which is host to several historic small gold producers including the Carolin Mine, Emancipation Mine and Pipestem Mine, and numerous gold prospects.

For additional information, please visit the Company’s website at www.newcarolingold.com. 

ON BEHALF OF THE BOARD OF DIRECTORS

“Kenneth R. Holmes”

Director

Phone:            (778) 379-1275

Toll Free:       1(855) 891-9185

E-mail:  ceo@newcarolingold.com

Web site:  www.newcarolingold.com

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

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 the accuracy of this press release. 

Caution concerning forward-looking information

This news release may contain forward-looking statements that are based on the Company’s expectations, estimates and projections regarding its business and the economic environment in which it operates. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict.  Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements.  Statements speak only as of the date on which they are made and the Company undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances, unless otherwise required to do so by law.

July 17, 2018: New Carolin Gold Corp. Closed Oversubscribed Unit Offering

July 17, 2018 — New Carolin Gold Corp. (the “Company” or “New Carolin”) (TSXV: LAD / OTCBB: LADFF) reports that it has closed the Unit offering announced on June 18, 2018 and that the offering was oversubscribed.  On closing the Company issued 4,633,913 Units at $0.30 per unit for total proceeds of $1,390,174.  Each Unit is comprised of one common share and one share purchase warrant (“Warrant”) with each Warrant entitling the holder to purchase one additional common share at a price of $0.45 per share for a period of twelve months from closing.

The funds will be used to continue the drill program currently underway at the Company’s wholly owned Ladner Gold Project and for general working capital.  This year’s program will attempt to demonstrate the overall potential of the property by expanding a minimum of 3 different mineralized environments to determine their economic potential and how these different environments may be related to the overall driving mechanism of the gold system.

Previously announced Phase 1 drilling intended to expand the known resource within the bulk tonnage sedimentary gold emplacement model has been completed and the Company is awaiting assay results.

The balance of 2018 diamond drilling (approximately 2,500 m in 20 holes) is underway and is designed to evaluate the important Hozameen Zone and progressively test the down (below the 800 m level) and along strike potential (northwest of the historically mined open stopes) of the Lower and East Zones of mineralization.  Both zones remain completely open.

Existing underground development within the Carolin Mine, particularly the lowermost 800 m level and the 875 m level exploration drive, which extends 200 m northwest of the present extent of Main Zone mineralization, are ideally suited to position additional underground drill stations enabling the Company to directly and relatively cost effectively target the new zones of mineralization.

In connection with the private placement, the Company paid a finder’s fee in respect of subscribers introduced to the Company, which consisted of cash payments in the aggregate amount of $24,247 and the issuance of 80,824 broker warrants (“Broker Warrants), with each Broker Warrant entitling the holder to purchase one additional common share at a price of $0.45 per share for a period of twelve months from closing.

All securities issued under the private placement are subject to a four month and one-day restricted resale period expiring on November 18, 2018 in accordance with the policies of the TSX Venture Exchange and applicable securities laws.

Three insiders of the Company participated in the private placement, thereby making the private placement a “related party transaction”, as defined under Multilateral Instrument 61-101 – Protection of Minority Security Holders in Security Transactions(“MI 61-101”). The private placement was exempt from the formal valuation and minority shareholder approval requirements of MI 61-101 as the Company is not listed on a specified market (as set out in Section 5.5(b) of MI 61-101) and the fair market value of the units issued to, nor the consideration paid by, the insiders exceeded $2,500,000 (as set out in Section 5.7(b) of MI 61-101). The Company did not file a material change report in respect of the related party transaction at least 21 days before closing of the private placement as the date of closing and insider participation was not previously known.

About New Carolin Gold Corp.

New Carolin Gold is a Canadian-based junior company focused on the exploration, evaluation and development of our 100% owned property consisting of 144 square kilometers of contiguous mineral claims and crown grants, collectively known as the “Ladner Gold Project” (Project).  The Project is located near Hope, BC in the prospective and under-explored Coquihalla Gold Belt, which is host to several historic small gold producers including the Carolin Mine, Emancipation Mine and Pipestem Mine, and numerous gold prospects.

For additional information, please visit the Company’s website at www.newcarolingold.com.

ON BEHALF OF THE BOARD OF DIRECTORS

“Kenneth R. Holmes”

President

 

Phone:             (778) 379-1275

Toll Free:          1(855) 891-9185

E-mail:  info@newcarolingold.com

Web site:  www.newcarolingold.com

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

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 the accuracy of this press release. 

Caution concerning forward-looking information

This news release may contain forward-looking statements that are based on the Company’s expectations, estimates and projections regarding its business and the economic environment in which it operates. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict.  Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements.  Statements speak only as of the date on which they are made and the Company undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances, unless otherwise required to do so by law.

June 18, 2018: New Carolin Gold Corp. Announces Unit Offering

June 18, 2018New Carolin Gold Corp. (the “Company” or “New Carolin”) (TSXV: LAD | OTCBB: LADFF): New Carolin announces a 4,200,000 Unit offering at a price of $0.30 per Unit for gross proceeds of up to $1,260,000.  Each Unit is comprised of one common share and one share purchase warrant (“Warrant”) with each Warrant entitling the holder to purchase one additional common share at a price of $0.45 per share for a period of twelve months from closing.  Proceeds of the Unit offering will be used for continued development of the Company’s Ladner Gold Project in southwestern British Columbia and general working capital.

Finder’s fees may be payable on portions of the offerings in accordance with TSX Venture Exchange policy.  All securities issued in connection with both offerings are subject to a statutory hold period of four months plus one day from the date of issuance in accordance with applicable securities legislation.

About New Carolin Gold Corp.

New Carolin Gold is a Canadian-based junior company focused on the exploration, evaluation and development of our 100% owned property consisting of 144 square kilometers of contiguous mineral claims and crown grants, collectively known as the “Ladner Gold Project” (Project).  The Project is located near Hope, BC in the prospective and under-explored Coquihalla Gold Belt, which is host to several historic small gold producers including the Carolin Mine, Emancipation Mine and Pipestem Mine, and numerous gold prospects.

For additional information, please visit the Company’s website at www.newcarolingold.com.

ON BEHALF OF THE BOARD OF DIRECTORS

“Kenneth R. Holmes”
President

Phone:              (778) 379-1275

Toll Free:           1(855) 891-9185

E-mail:   info@newcarolingold.com

Web site:  www.newcarolingold.com

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available. 

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 the accuracy of this press release. 

Caution concerning forward-looking information 

This news release may contain forward-looking statements that are based on the Company’s expectations, estimates and projections regarding its business and the economic environment in which it operates. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict.  Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements.  Statements speak only as of the date on which they are made and the Company undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances, unless otherwise required to do so by law.

June 14, 2018: New Carolin Begins Assaying Core From Underground Diamond Drilling Program

New Carolin Begins Assaying Core From Underground Diamond Drilling Program

June 14, 2018New Carolin Gold Corp. (the “Company” or “New Carolin”) (TSXV: LAD | OTCBB: LADFF): New Carolin is pleased to announce that the core from the first three holes of its current drill program on its 100% owned Ladner Gold Project, together with the remaining samples of its recent underground channel sampling program, has been submitted for assay.

As previously announced, the initial phase of the drill program will involve 1,000 meters of underground diamond drilling in 8 holes, which are part of an overall 28 hole, 3,500 meter underground exploration program planned at the Carolin Mine for 2018.  Phase 1 drilling is intended to expand the known resource within the bulk tonnage sedimentary gold emplacement model.  This is designed to confirm select high grade historic drill intercepts cutting the Main Zone mineralization directly along strike and down plunge of existing Carolin Mine. Three (3) holes will test consistency of mineralization between the 800 meter and 875 meter levels, one (1) hole will target the strike extension of the East Zone moving North, and four (4) holes will target down dip expansion of the Lower Zone.

Concurrent with diamond drilling, the Company will complete the necessary underground geological mapping designed to move toward a comprehensive 3D geologic model and framework within which to better constrain the established mineralized zones and to further define the mineral resource.

The balance of 2018 diamond drilling (approximately 2,500 m in 20 holes), Phase 2, is designed to evaluate the important Hozameen Zone and progressively test the down dip (below the 800 m level) and along strike potential (northwest of the historically mined open stopes) of the Lower and East Zones of mineralization. The Company plans to begin Phase 2 as soon as practical after completing Phase 1.

New Carolin’s newly appointed President, Kenneth Holmes, says “…We are very excited to have the drills turning and collecting the data that we believe will enable us to finally begin to realize the potential outlined in our Technical Report on the Project. The drill program has been designed to demonstrate the district wide scale of the Ladner Gold Project, including confirmation and expansion of the significant known resource at Carolin, and to follow up on high grade intercepts at the Hozameen fault which may confirm that this structure may be the mineralizing conduit to a 26 km gold bearing system. In addition, the Company will explore numerous other structural and geological mineral occurrences that could add meaningfully to the resource potential for the Ladner Gold Project.”

For more details regarding the Company’s Ladner Gold Project and Mineral Resources, see the Company’s National Instrument 43-101 Technical Report for the Ladner Gold Project dated May 29, 2015 (the “Company’s Technical Report”) and filed on SEDAR.

Kristopher J. Raffle, P.Geo. (BC) Principal and Consultant of APEX Geoscience Ltd. of Edmonton, AB, is a qualified person for the project as defined by National Instrument 43-101. Mr. Raffle has reviewed and approved the scientific or technical content of this news release as it relates to the Carolin Mine and Ladner Gold Project.

About New Carolin Gold Corp.

New Carolin Gold is a Canadian-based junior company focused on the exploration, evaluation and development of our 100% owned property consisting of 144 square kilometers of contiguous mineral claims and crown grants, collectively known as the “Ladner Gold Project” (Project).  The Project is located near Hope, BC in the prospective and under-explored Coquihalla Gold Belt, which is host to several historic small gold producers including the Carolin Mine, Emancipation Mine and Pipestem Mine, and numerous gold prospects.

For additional information, please visit the Company’s website at www.newcarolingold.com. 

ON BEHALF OF THE BOARD OF DIRECTORS

“Kenneth R. Holmes”

President

Phone:              (778) 379-1275

Toll Free:           1(855) 891-9185

E-mail:    info@newcarolingold.com

Web site:  www.newcarolingold.com

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available. 

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 the accuracy of this press release. 

Caution concerning forward-looking information

This news release may contain forward-looking statements that are based on the Company’s expectations, estimates and projections regarding its business and the economic environment in which it operates.  These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict.  Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements.  Statements speak only as of the date on which they are made and the Company undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances, unless otherwise required to do so by law.

June 5, 2018: New Advisor

Vancouver, BC, June 5, 2018. New Carolin Gold Corp (“New Carolin” or the “Company”) (TSX.V “LAD” and OTCBB “LADFF”) is very pleased to announce that Mr.Frank Högel has agreed to become an advisor to the Company.

Mr. Högelholds a Master of Business Administration (FH) degree with a focus on Financial Management, Banking, International Business and Management and began his career with a London interdealer broker, GFI Group, involved in various forms of stocks, warrants and bonds.  He has since developed a broad base of experience in global investments, where his expertise has been primarily focused on the structuring, initiation and completion of international convertible debenture financings. He also serves as an Asset Manager actively involved in the financial evaluation of companies and convertible debenture structuring.  Of greatest interest to the Company is the fact that his background includes more than thirteen years of direct experience in the mining industry with Canadian resource companies where he has sat on numerous Boards of Directors and Advisory Boards.  Mr. Högel has international financing experience and has raised over $500 million during his career.  He also brings with him the ability to analyze expansion and acquisition opportunities.  Presently, Mr. Högel, serves as the Chief Executive Officer at Peter Beck Performance Fonds GbR.and is a Member of the Advisory Board of Concept Capital Management Ltd..

 

Kenneth Holmes, President of the Company said “…we are very pleased to have been able to have Mr Högel join our team as an advisor to the Company.  We believe that we have a world class project and that it deserves world class treatment. Mr Högel’s experience clearly puts him in that category.

New Carolin Gold is a Canadian-based junior company focused on the exploration, evaluation and development of our 100% owned property consisting of 144 square kilometers of contiguous mineral claims and crown grants, collectively known as the “Ladner Gold Project” (Project).  The Project is located near Hope, BC in the prospective and under-explored Coquihalla Gold Belt, which is host to several historic small gold producers including the Carolin Mine, Emancipation Mine and Pipestem Mine, and numerous gold prospects.

For additional information, please visit the Company’s website at www.newcarolingold.com.

ON BEHALF OF THE BOARD OF DIRECTORS

“Kenneth R. Holmes”

President

Phone:            (778) 379-1275

Toll Free:       1(855) 891-9185

E-mail: info@newcarolingold.com

Web site:  www.newcarolingold.com

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

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 the accuracy of this press release. 

Caution concerning forward-looking information

This news release may contain forward-looking statements that are based on the Company’s expectations, estimates and projections regarding its business and the economic environment in which it operates. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict.  Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements.  Statements speak only as of the date on which they are made and the Company undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances, unless otherwise required to do so by law.

May 31, 2018: Grant Of Stock Options

Vancouver, BC, May 31, 2018. New Carolin Gold Corp (“New Carolin” or the “Company”) (TSX.V “LAD” and OTCBB “LADFF”) announces that, pursuant to its stock option plan, incentive stock options have been granted entitling the holders to purchase up to 825,000 shares of the Company at an exercise price of $0.30 per share. The options can be exercised for a period of five years, effective June 1, 2018.

New Carolin Gold is a Canadian-based junior company focused on the exploration, evaluation and development of our 100% owned property consisting of 144 square kilometers of contiguous mineral claims and crown grants, collectively known as the “Ladner Gold Project” (Project).  The Project is located near Hope, BC in the prospective and under-explored Coquihalla Gold Belt, which is host to several historic small gold producers including the Carolin Mine, Emancipation Mine and Pipestem Mine, and numerous gold prospects.

For additional information, please visit the Company’s website at www.newcarolingold.com.

ON BEHALF OF THE BOARD OF DIRECTORS

“Kenneth R. Holmes”

Director

Phone:            (778) 379-1275

Toll Free:       1(855) 891-9185

E-mail: info@newcarolingold.com

Web site:  www.newcarolingold.com

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

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 the accuracy of this press release. 

Caution concerning forward-looking information

This news release may contain forward-looking statements that are based on the Company’s expectations, estimates and projections regarding its business and the economic environment in which it operates. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict.  Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements.  Statements speak only as of the date on which they are made and the Company undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances, unless otherwise required to do so by law.

May 9, 2018: Underground Diamond Drilling Commences At Carolin Mine

May 9, 2018 –New Carolin Gold Corp. (the “Company” or “New Carolin”) (TSXV: LAD | OTCBB: LADFF): New Carolin is pleased to announce the commencement of the 2018 exploration program on its 100% owned Ladner Gold Project, which includes the Carolin Gold Mine and is accessible by road just 18 kms northeast of Hope, British Columbia. The initial phase of the program will involve 1,000 meters of underground diamond drilling in 8 holes and ongoing concurrent underground channel sampling, which are part of an overall 28 hole, 3,500 meter underground exploration program planned at the Carolin Mine for 2018.

Ladner Gold Project

In addition to mineral resources at the Carolin Mine, the Ladner Gold Project comprises an area of approximately 144 square-kms that extends some 28 kms along the Coquihalla Serpentine Belt, an elongated north west to south east belt of serpentinic rocks bounded by the East and West Hozameen faults. This rock unit and fault system separates the Hozameen Group (an obducted ophiolite sequence) to the West from the Ladner Group sediments and Spider Creek Formation greenstones to the East.  It is a regional-scale structure that exerts strong control on the distribution of five (5) historic mines (Carolin, Emancipation, Aurum, Pipestem and Ward) and 24 known gold showings.  The majority of these gold occurrences have little or no follow-up work via modern day exploration techniques.

Mineralization, which has been found in large volume dissemination in sedimentary sequences, high grade quartz veins and in contact zones with serpentinite emplacement, extends through the mountainous terrain for over 28 kilometers and outcrops at elevations with over 100’s of meters differential.  Management believes that the remarkable number and distance between showings is evidence of a large and robust mineralizing event that has emplaced gold in numerous host environments regionally.

At the Carolin Mine, mineralized zones can be up to 30 meters in true thickness and have been developed over a moderately northwest dipping down-plunge distance of 500 meters and 300 meters vertically via eight levels of historic underground workings. The mineralized horizon reaches surface in the southeast and is completely open along trend to the northwest toward the McMaster Zone.

The Company recently completed a review and 3D modeling of its extensive historic surface and underground diamond drill database for the Carolin Mine.  This indicates that, in addition to the Main Zone of mineralization, which was the primary target of historic mine production, at least three (3) additional high-priority mineralized zones exist that warrant follow-up diamond drilling. Two of the newly recognized zones are proximal to the east and below the Main Carolin Mine Zone mineralization (“East Zone” and “Lower Zone”). The third new target zone of mineralization, known as the “Hozameen Zone”, is offset 200 meters to 300 meters southwest of the Carolin Mine trend and was the target of sparse diamond drilling during 1995-1996.

Underground access at Carolin will allow drilling on the contact zone of serpentinite, which has provided high grade intercepts such as 9 m averaging 11.4 g/t gold between 165.5 meters and 174.5 meters downhole (drill hole 11050-63), and 7.1 meters averaging 6.43 g/t gold between 154.9 meters and 162.0 meters down hole (drill hole 11000-71), where mineralization is hosted within both Spider Peak Formation andesite and Ladner Group sediments, as well as being proximal to the east Hozameen Fault.  Historic drill hole intercepts are reported as core length.  Due to the limited extent of historic drill holes, the true width and geometry of Hozameen Zone mineralization is currently unknown.

This environment is very similar to the Bralorne mine, which was the largest gold producer in the British Commonwealth until 1972.  Serpentinite is a geological slice of ocean floor that has been thrust onto the continental plate rocks and provides a deep seated structural conduit for gold bearing fluids.

For more details regarding the Company’s Ladner Gold Project and Mineral Resources, see the Company’s National Instrument 43-101 Technical Report for the Ladner Gold Project dated May 29, 2015 (the “Company’s Technical Report”) and filed on SEDAR.

Exploration Program

This year’s program will attempt to demonstrate the overall potential of the property by expanding a minimum of 3 different mineralized environments to determine their economic potential and how these different environments may be related to the overall driving mechanism of the gold system.

Phase 1 drilling is intended to expand the known resource within the bulk tonnage sedimentary gold emplacement model, specifically to confirm select high grade historic drill intercepts cutting in-situ Main Zone mineralization directly in front and down plunge of existing Carolin Mine open stopes between the 800 meter and 875 meter levels (3 holes); cut the northern extent of the East Zone mineralization (1 hole); and provide confirmation and select step-out drilling below the Lower Zone mineralization (4 holes).

Concurrent with diamond drilling, the Company will continue its campaign of underground rock channel sampling of select Lower Zone and Main Zone mineralization exposed on the 840 meter and 975 meter levels and geologic mapping efforts designed to move toward a comprehensive 3D geologic model and framework within which to better constrain the established mineralized zones.

The balance of 2018 diamond drilling (approximately 2,500 m in 20 holes) will be completed during the Company’s Phase 2 diamond drill program. Subject to the results of Phase 1 drilling, Phase 2 is designed to evaluate the important Hozameen Zone and progressively test the down (below the 800 m level) and along strike potential (northwest of the historically mined open stopes) of the Lower and East Zones of mineralization.  Both zones remain completely open.

Existing underground development within the Carolin Mine, particularly the lowermost 800 m level and the 875 m level exploration drive, which extends 200 m northwest of the present extent of Main Zone mineralization, are ideally suited to position additional underground drill stations enabling the Company to directly and relatively cost effectively target the new zones of mineralization.

Carolin Mine

The Carolin Mine operated from 1982 to 1984 and produced 44,400 ounces of gold from a total of 881,000 tonnes mined grading 3.22 g/t gold. Operations ceased due to a combination of low gold prices and poor gold recovery, which averaged 53% over life-of-mine. However, subsequent metallurgical test work conducted during 1996 by Athabasca Gold Resources indicated floatation recoveries of 83-84% (see the Company’s Technical Report) and later 2012 work by New Carolin on McMaster Zone drill core achieved recoveries of 91.3% via floatation and 97.9% through a combination of floatation and cyanidation of floatation tails (see News Release August 9, 2012).

Mineralization within the Carolin Mine is comprised of broad zones of planar sub-parallel quartz-carbonate veins associated with intense albitic alteration, disseminated pyrrhotite, arsenopyrite and pyrite. Veining is most well-developed within competent wacke, conglomerate and siltstone lithologies of the Jurassic Ladner Group.  Significantly, mineralization exhibits strong structural control and is focused within the hinge zone of a complex local antiform.

Estimated Resources

The Ladner Project hosts an Inferred Mineral Resource at the Carolin Mine of 2,589,000 tonnes grading 3.34 grams-per-tonne (“g/t”), for a contained estimate of 278,000 ounces of gold at a 2.0 g/t cutoff to represent an underground mining scenario.  For open pit mining potential, the reported Inferred Mineral Resource Estimate is 12.3 million tonnes gold averaging 1.53 g/t (607,000 ounces gold) at a 0.5 g/t gold cut-off.  At the McMaster Zone, there is a near surface Inferred Mineral Resource of 3.4 million tonnes at a grade of 0.69 g/t gold (79,500 ounces gold) at a 0.5 g/t gold cut-off, which contemplates an open pit extraction.

In addition, Carolin Mine tailings contain Indicated and Inferred Mineral Resources of 93,000 tonnes averaging 1.85 g/t gold (5,000 ounces gold), and 445,000 tonnes at a grade of 1.83 g/t gold (24,000 ounces gold), respectively; both at a 1.0 g/t gold cut-off.

Following the completion of planned 2018 underground channel sampling, geologic mapping, and diamond drill programs, the Company intends to update its geological model and sample database in preparation for completion of an updated Mineral Resource estimate specific to the Carolin Mine Zone.

Kristopher J. Raffle, P.Geo. (BC) Principal and Consultant of APEX Geoscience Ltd. of Edmonton, AB, is a qualified person for the project as defined by National Instrument 43-101. Mr. Raffle has reviewed and approved the scientific or technical content of this news release as it relates to the Carolin Mine and Ladner Gold Project.

About New Carolin Gold Corp.

New Carolin Gold is a Canadian-based junior company focused on the exploration, evaluation and development of our 100% owned property consisting of 144 square kilometers of contiguous mineral claims and crown grants, collectively known as the “Ladner Gold Project” (Project).  The Project is located near Hope, BC in the prospective and under-explored Coquihalla Gold Belt, which is host to several historic small gold producers including the Carolin Mine, Emancipation Mine and Pipestem Mine, and numerous gold prospects.

For additional information, please visit the Company’s website at www.newcarolingold.com.

ON BEHALF OF THE BOARD OF DIRECTORS

“Kenneth R. Holmes”

Director

Phone:              (778) 379-1275

Toll Free:           1(855) 891-9185

E-mail:  ceo@newcarolingold.com

Web site:  www.newcarolingold.com

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

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 the accuracy of this press release. 

Caution concerning forward-looking information

This news release may contain forward-looking statements that are based on the Company’s expectations, estimates and projections regarding its business and the economic environment in which it operates. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict.  Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements.  Statements speak only as of the date on which they are made and the Company undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances, unless otherwise required to do so by law.

April 5, 2018: New Carolin Engages Apex Geo Science Ltd

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

New Carolin Engages Apex Geo Science Ltd 

Vancouver, BC – March 13, 2018–  New Carolin Gold Corp (“New Carolin” or “the Company”) (TSX.V: LAD / OTCBB: LADFF) has engaged Apex Geoscience Ltd. to manage its upcoming exploration program at the Carolin Mine.

APEX is a privately-owned, independent geological consulting company that provides high quality, cost effective and timely geological consulting services to exploration companies, government and non-government organizations. APEX has experience in all aspects of the mineral exploration industry from initial assessment and NI 43-101 reporting through to mining including the identification and outlining of resources. They specialize in managing large mine site and exploration databases; and digital capture of historic datasets and combining with modern geological, geochemical and drill datasets to create concise 2D and 3D models that result in discovery and expansion of resources.”

APEX will manage all aspects of the exploration and drilling programs planned at the Carolin Mine. In anticipation of commencing the drill program, Apex have reviewed and analyzed the project’s historic data and geological models and provided extensive commentary and recommendations for the project.  Management believes the Company is fortunate to have engaged this qualified geological consulting group with considerable technical and exploration management expertise and looks forward to getting it’s much anticipated drill program underway.

About New Carolin Gold Corp.

New Carolin Gold is a Canadian-based junior company focused on the exploration, evaluation and development of our 100% owned property consisting of 144 square kilometers of contiguous mineral claims and crown grants, collectively known as the Ladner Gold Project (Project).  The Project is located near Hope, BC in the prospective and under-explored Coquihalla Gold Belt, which is host to several historic small gold producers including the Carolin Mine, Emancipation Mine and Pipestem Mine, and numerous gold prospects.

For additional information, please visit the Company’s website at www.newcarolingold.com. 

ON BEHALF OF THE BOARD OF DIRECTORS

“Robert L. Thast”

President & Chief Executive Officer

Phone:604.542.9458

Cell:     604.220.5031

E-mail:  ceo@newcarolingold.com

Web site:  www.newcarolingold.com

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

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 the accuracy of this press release. 

Caution concerning forward-looking information

This news release may contain forward-looking statements that are based on the Company’s expectations, estimates and projections regarding its business and the economic environment in which it operates. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict.  Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements.  Statements speak only as of the date on which they are made and the Company undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances, unless otherwise required to do so by law.

April 3, 2018: Ted Bassett, P. Eng. Joins Board Of New Carolin Gold

Vancouver, BC April 3, 2018. New Carolin Gold Corp. (“New Carolin” or the “Company”) (TSX.V “LAD” / OTCBB “LADFF”), is pleased to announce that Mr. E.H. (Ted) Bassett, P. Eng. has joined the Board of Directors of the Company.

Mr. Bassett is a Mechanical Engineer with an M.Sc. in Control Systems, with over 40 years of experience in the mining and metals industry. He has worked and consulted with a number of major operating companies, including Alcan, Cominco, Inco (where he was Project Director at Goro Nickel Project in New Caledonia and Director of Projects at Inco Technical Services) and most recently BHP Billiton, where he held the role of Project Director of the Jansen Potash Project in Saskatchewan and the Olympic Dam Expansion Project in South Australia. Additionally, he has held senior management and executive positions with engineering firms Kilborn and SNC Lavalin where he was Project Director at the Diavik Diamond Mine in the Northwest Territories. He has been involved at senior levels on many other major development projects worldwide, with a strong knowledge base and successful record of management and team development, including multi-billion dollar projects. He is currently the president of The Library Gold Group, which the Company engaged in 2017 to assist with evaluation of its assets and provide direction on future development. As such, Mr. Bassett will be a non-independent director of the Company.

Mr. Bassett stated, “I am pleased to join the board of New Carolin. After an extensive review of all historic data and assets, I find the project to have considerable merit and look forward to assisting the Company as a director, and through the collective efforts of the technical team at Library Gold.”

“The Company welcomes Ted to the board and looks forward to having an individual on the team with his considerable mining and management experience. His addition strengthens the Company’s board, and Library Gold provides the Company access to a team of senior engineers of varying disciplines as we ramp up exploration and development plans at our Ladner Gold Project” stated Bob Thast, New Carolin’s President and CEO.

About New Carolin Gold Corp.

New Carolin Gold is a Canadian-based junior company focused on the exploration, evaluation and development of its 100%-owned property consisting of 144 square kilometers of contiguous mineral claims and crown grants, collectively known as the Ladner Gold Project (Project).  The Project is located near Hope, BC in the prospective and under-explored Coquihalla Gold Belt, which is host to several historic small gold producers including the Carolin Mine, Emancipation Mine and Pipestem Mine, and numerous gold prospects.

For additional information, please visit the Company’s website at www.newcarolingold.com. 

ON BEHALF OF THE BOARD OF DIRECTORS

“Robert L. Thast”

President & Chief Executive Officer

Phone: 604.542.9458

Cell:     604.220.5031

E-mail:  ceo@newcarolingold.com

Web site:  www.newcarolingold.com

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 the accuracy of this press release. 

Caution concerning forward-looking information

This news release may contain forward-looking statements that are based on the Company’s expectations, estimates and projections regarding its business and the economic environment in which it operates. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict.  Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements.  Statements speak only as of the date on which they are made and the Company undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances, unless otherwise required to do so by law.

March 13, 2018: New Carolin Engages Apex Geo Science Ltd

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

New Carolin Engages Apex Geo Science Ltd

Vancouver, BC – March 13, 2018 –  New Carolin Gold Corp (“New Carolin” or “the Company”) (TSX.V: LAD / OTCBB: LADFF) has engaged Apex Geoscience Ltd. to manage its upcoming exploration program at the Carolin Mine.

APEX is a privately-owned, independent geological consulting company that provides high quality, cost effective and timely geological consulting services to exploration companies, government and non-government organizations. APEX has experience in all aspects of the mineral exploration industry from initial assessment and NI 43-101 reporting through to mining including the identification and outlining of resources. They specialize in managing large mine site and exploration databases; and digital capture of historic datasets and combining with modern geological, geochemical and drill datasets to create concise 2D and 3D models that result in discovery and expansion of resources.”

APEX will manage all aspects of the exploration and drilling programs planned at the Carolin Mine. In anticipation of commencing the drill program, Apex have reviewed and analyzed the project’s historic data and geological models and provided extensive commentary and recommendations for the project.  Management believes the Company is fortunate to have engaged this qualified geological consulting group with considerable technical and exploration management expertise and looks forward to getting it’s much anticipated drill program underway.

About New Carolin Gold Corp.

New Carolin Gold is a Canadian-based junior company focused on the exploration, evaluation and development of our 100% owned property consisting of 144 square kilometers of contiguous mineral claims and crown grants, collectively known as the Ladner Gold Project (Project).  The Project is located near Hope, BC in the prospective and under-explored Coquihalla Gold Belt, which is host to several historic small gold producers including the Carolin Mine, Emancipation Mine and Pipestem Mine, and numerous gold prospects.

For additional information, please visit the Company’s website at www.newcarolingold.com. 

ON BEHALF OF THE BOARD OF DIRECTORS

“Robert L. Thast”

President & Chief Executive Officer

Phone: 604.542.9458

Cell:     604.220.5031

E-mail:  ceo@newcarolingold.com

Web site:  www.newcarolingold.com

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

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 the accuracy of this press release. 

 Caution concerning forward-looking information

This news release may contain forward-looking statements that are based on the Company’s expectations, estimates and projections regarding its business and the economic environment in which it operates.  These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict.  Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements.  Statements speak only as of the date on which they are made and the Company undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances, unless otherwise required to do so by law.

February 13, 2018: New Carolin Completes Financing And Readys Exploration Program

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

NEW CAROLIN COMPLETES FINANCING AND READYS EXPLORATION PROGRAM

Vancouver, BC February 13, 2018. New Carolin Gold Corp (“New Carolin” or the “Company”) (TSX.V “LAD” and OTCBB “LADFF”), has completed $1.5M in equity financing and is now preparing a multi-stage underground exploration program at its wholly owned Ladner Gold Project near Hope BC.

The Company made significant capital investments in 2016 and 2017 to upgrade the underground and to improve access at the Carolin Mine Zone, in preparation for its upcoming exploration / drilling program planned in 2018.

Upgrades in the fall of 2016 included scaling and timbering throughout the 800 (track level) and 900 level tunnels, rehab of escape routes, installing of insulated doors at the 800 and 900 portals, establishing a water reservoir and installation of a supply system for water delivery to planned drill stations.

2017 work included roof bolting and screening of drill stations at the 800 and 900 levels, the installation of a command center / trailer, the installation of a hardline communications system to the back of mine, the purchase and installation of a 600 KVA generator with fuel tank, the purchase and installation of 1 kilometer of power cable along with an associated transformer and installation of a substation at the back of the mine.

In early January 2018 the company leased a D8 Cat and a large excavator to clear snow from the highway to the Carolin Mine site. This equipment will remain on site for the season for regular snow removal and road maintenance. Minor power supply related components required to be fully operational are currently being procured for start up.  

Planned exploration programs for 2018 have been formulated utilizing nearly 700 historical drill hole assays, data from the 2016 surface drill program, detailed underground and surface surveys, detailed mapping, a structural surveying from underground and on surface, surface sampling, underground channel sampling, and data obtained from 3D geological modeling.

The exploration targets planned in the multistage exploration program will comprise of step-out holes at existing mineralized gold zones, deigned to confirm and augment historical resource estimates, as well as, drilling previously untested targets from drill stations in very close proximity to known mineralized zones. New Carolin believes that the new data received from this exploration program, together with all of the historical data, will allow the company to advance the project and build a compelling geological model at the Carolin Mine Zone.

New Carolin looks forward to providing updates to shareholders as developments unfold.

About New Carolin Gold Corp.

New Carolin Gold is a Canadian-based junior company focused on the exploration, evaluation and development of our 100% owned property consisting of 144 square kilometers of contiguous mineral claims and crown grants, collectively known as the “Ladner Gold Project” (Project).  The Project is located near Hope, BC in the prospective and under-explored Coquihalla Gold Belt, which is host to several historic small gold producers including the Carolin Mine, Emancipation Mine and Pipestem Mine, and numerous gold prospects.

For additional information, please visit the Company’s website at www.newcarolingold.com.

 ON BEHALF OF THE BOARD OF DIRECTORS

“Robert L. Thast”

President & Chief Executive Officer

Phone:           604.542.9458

Cell:    604.220.5031

E-mail:  ceo@newcarolingold.com

Web site:  www.newcarolingold.com

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

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 the accuracy of this press release. 

Caution concerning forward-looking information

This news release may contain forward-looking statements that are based on the Company’s expectations, estimates and projections regarding its business and the economic environment in which it operates.  These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict.  Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements.  Statements speak only as of the date on which they are made and the Company undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances, unless otherwise required to do so by law.

January 15, 2018: New Carolin To Consolidate At Open / Financing Update

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

New Carolin To Consolidate At Open / Financing Update

January 15 2018 — New Carolin Gold Corp. (the “Company” or “New Carolin”) (TSXV: LAD / OTCBB: LADFF) announces the timing for the consolidation of its share capital and provides an update on its unit financing.

Consolidation of Share Capital

The Company announces that at the market open on Tuesday, January 16, 2018, a consolidation its share capital will become effective for trading as follows:

Pursuant to a resolution passed by shareholders on December 15, 2017 and the directors of the Company on December 21, 2017, the Company will consolidate its share capital on the basis of one (1) post‐consolidated common share for each ten (10) pre‐consolidated common shares (the “Consolidation“). Following the Consolidation, the number of issued and outstanding common shares in the capital of the Company will be 18,704,308 (subject to fractional rounding). The Consolidation will not change a shareholder’s proportionate ownership in the Company or the rights of holders of its common shares. Each common share outstanding after the Consolidation will be entitled to one vote and will be fully paid and non‐assessable. Any fractional common share resulting from the Consolidation that is less than one‐half of one common share will be cancelled. There is no name or symbol change. The Company is classified as a ‘Mining Exploration’ company. Other information includes:

Post‐Consolidation Capitalization:  Unlimited shares with no par value of which 18,704,308 shares (subject to fractional rounding) are issued and outstanding

Transfer Agent:  Computershare Investor Services Inc.

Trading Symbol: LAD (no change)

CUSIP Number:   643253206

Financing Update

The Company is pleased to report that it is continuing with its financing plans to raise up to $1,250,000 by way of a unit offering of up to 5,000,000 units at a price of $0.25 per unit, as announced on December 16, 2017 and 18, 2017.

About New Carolin Gold

New Carolin Gold is a Canadian-based junior company focused on the exploration, evaluation and development of its 100% owned property consisting of 144 square kilometers of contiguous mineral claims and crown grants, collectively known as the Ladner Gold Project located near Hope, BC in the prospective and underexplored Coquihalla Gold Belt, which is host to several historic small gold producers including the Carolin, Emancipation and Pipestem Mines, and numerous gold prospects.

For additional information, please visit the Company’s website at www.newcarolingold.com.

ON BEHALF OF THE BOARD OF DIRECTORS

“Robert L. Thast”

President & Chief Executive Officer

Phone:       604.542.9458

Cell:          604.220.5031

E-mail:      ceo@newcarolingold.com

Web site:  www.newcarolingold.com

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

Caution concerning forward-looking information

This news release may contain forward-looking statements that are based on the Company’s expectations, estimates and projections regarding its business and the economic environment in which it operates.  These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict.  Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements.  Statements speak only as of the date on which they are made, and the Company undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances, unless otherwise required to do so by law.

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 the accuracy of this press release.

December 29, 2017: New Carolin Gold Closes Flow Through Offering

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

New Carolin Gold Closes Flow Through Offering

December 29 2017 — New Carolin Gold Corp. (the “Company” or “New Carolin”) (TSXV: LAD / OTCBB: LADFF) reports that it has closed on $200,000 of the up to $250,250 flow-through share offering (the “FT Offering”) announced on December 18 and 27, 2017, issuing 5,714,286 flow-through common shares (the “FT Shares”) in the capital stock of the Company at a price of $0.035 per FT Share.  As previously announced, the TSX Venture Exchange (the “Exchange”) has granted a waiver of its minimum $0.05 per share pricing with respect to the FT Offering in order to permit the closing to occur before the year end and ahead of the completion of the 10:1 consolidation, which is currently under Exchange review.

Each FT Share will be designated as a flow-through share pursuant to the Income Tax Act (Canada).  The proceeds from the FT Offering will be used to fund qualified Canadian Exploration Expenditures (CEE) work on the Company’s Ladner Gold Project in southwestern British Columbia.  All securities issued in connection with the FT Offering are subject to a statutory hold period of four months plus one day from their date of issuance in accordance with applicable securities legislation.  There are no finder’s fees being paid on the FT Offering.

Once the proposed consolidation is complete, the Company will continue with its unit offering of up to 5,000,000 units at a price of $0.25 per unit for gross proceeds of up to $1,250,000, as previously announced.

About New Carolin Gold

New Carolin Gold is a Canadian-based junior company focused on the exploration, evaluation and development of its 100% owned property consisting of 144 square kilometers of contiguous mineral claims and crown grants, collectively known as the Ladner Gold Project located near Hope, BC in the prospective and underexplored Coquihalla Gold Belt, which is host to several historic small gold producers including the Carolin, Emancipation and Pipestem Mines, and numerous gold prospects.

For additional information, please visit the Company’s website at www.newcarolingold.com.

ON BEHALF OF THE BOARD OF DIRECTORS

“Robert L. Thast”

President & Chief Executive Officer

Phone:  604.542.9458

Cell:      604.220.5031

E-mail:  ceo@newcarolingold.com

Web site:  www.newcarolingold.com

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available. 

Caution concerning forward-looking information

This news release may contain forward-looking statements that are based on the Company’s expectations, estimates and projections regarding its business and the economic environment in which it operates.  These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict.  Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements.  Statements speak only as of the date on which they are made, and the Company undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances, unless otherwise required to do so by law.

 

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 the accuracy of this press release.

December 27, 2017: New Carolin Further Revises Flow Through Offering & Cancels Options

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES 

 New Carolin Further Revises Flow Through Offering & Cancels Options

Vancouver, BC – December 27 2017 –  New Carolin Gold Corp (“New Carolin” or “the Company”) (TSX.V: LAD / OTCBB: LADFF) provides the following update and further revised terms regarding the private placement of flow through shares announced on December 18, 2017 and the cancellation of 5,350,000 share purchase options in the capital of the Company.

Revised Financing Terms

The terms of the proposed private placement of flow through shares (the “FTS Offering”) announced in the Company’s press releases dated November 16, 2017 and revised on December 18, 2017 following the Company’s Annual General and Special Meeting of shareholders (“AGM”) held on December 15, 2017, have been further revised.

Due to timing of the AGM and the lack of adequate working days during the holiday season to effect the Company’s mandated 10 old-for-1 new share consolidation, the Company will now conduct a pre-consolidation FTS Offering of approximately 7,150,000 flow-through common shares of the Company at a price of $0.035 per flow-through share to raise $250,250.  The Company will make application for the FTS Offering under the TSX Venture Exchange’s (the “Exchange”) Discretionary Waiver policy for sub-$0.05 financings.  The Company has made application to the Exchange to consolidate its common stock on a 10-for-1 basis, however staffing and timing issues during the holiday season have pushed the consolidation to be effective early in the New Year.  Each flow-through share issued under the FTS Offering is designated as a flow through share pursuant to the Income Tax Act (Canada).  Proceeds from the FTS Offering will be used to fund qualified Canadian Exploration Expenditures (CEE) on the Company’s Ladner Gold Project.

The terms of the previously-announced unit offering will remain the same as announced on December 18, 2017, although its closing will also be delayed until after the New Year, once the Company has effected its consolidation.

Finders’ fees may be payable on portions of both offerings in accordance with TSX Venture Exchange policy. All securities issued in connection with the offerings will be subject to a statutory hold period of four months plus one day from the date of issuance in accordance with applicable securities legislation. Both offerings remain subject to Exchange approval.

Cancellation of Share Purchase Options

The Company also reports that it has cancelled 5,350,000 options to purchase common shares in the capital of the Company that had been granted to its directors, officers, consultants and advisors.  The options being cancelled have exercise prices of up to $0.11 and had remaining terms of from 2-4.5 years.  On cancellation, the Company will have 11,850,000 share purchase options outstanding with an average exercise price of approximately $0.074 per share, on a pre-consolidated basis.

About New Carolin Gold Corp.

New Carolin Gold is a Canadian-based junior company focused on the exploration, evaluation and development of our 100% owned property consisting of 144 square kilometers of contiguous mineral claims and crown grants, collectively known as the Ladner Gold Project (Project).  The Project is located near Hope, BC in the prospective and under-explored Coquihalla Gold Belt, which is host to several historic small gold producers including the Carolin Mine, Emancipation Mine and Pipestem Mine, and numerous gold prospects.

For additional information, please visit the Company’s website at www.newcarolingold.com.

ON BEHALF OF THE BOARD OF DIRECTORS

“Robert L. Thast”

President & Chief Executive Officer

Phone: 604.542.9458

Cell:     604.220.5031

E-mail:  ceo@newcarolingold.com

Web site:  www.newcarolingold.com

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

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 the accuracy of this press release. 

Caution concerning forward-looking information

This news release may contain forward-looking statements that are based on the Company’s expectations, estimates and projections regarding its business and the economic environment in which it operates.  These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict.  Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements.  Statements speak only as of the date on which they are made and the Company undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances, unless otherwise required to do so by law.

December 18 2017: New Carolin Shareholders Approve Consolidation - Company Revises Financing Terms

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

New Carolin Shareholders Approve Consolidation – Company Revises Financing Terms 

Vancouver, BC December 18, 2017. New Carolin Gold Corp (“New Carolin” or the “Company”) (TSX.V “LAD” and OTCBB “LADFF”), held its Annual General & Special Meeting (“AGM”) on December 15, 2017 and is providing the following information and updates.

AGM

A large majority of New Carolin’s shareholders approved and passed the resolutions proposed by management at the Meeting, which included a consolidation of the Company’s shares on a 10 old for 1 new basis, updating the Company’s Articles and the re-election of the Company’s five incumbent board members. Management is now undertaking the appropriate administrative and regulatory procedures to effect the consolidation and changes to the Company’s Articles immediately.

Revised Financing Terms

The terms of the proposed private placement announced in the Company’s press release issued November 16, 2017 have been changed. The unit offering will now consist of up to 5,000,000 units at a price of $0.25 per unit for gross proceeds of up to $1,250,000.  Each unit will be comprised of one common share and one-half of one common share purchase warrant, with each whole warrant entitling the holder to purchase one additional common share at a price of $0.35 per share for a period of 24 months from closing.  Proceeds from the unit offering will be used for exploration at the Company’s Ladner Gold Project in Southwestern British Columbia, trade liabilities and audit costs.

The flow-through share offering now consists of approximately 715,000 flow-through common shares of the Company at a price of $0.35 per flow-through share, for gross proceeds of up to $250,250.  Each flow-through share is designated as a flow through share pursuant to the Income Tax Act (Canada).  Proceeds from the flow-through share offering will be used to fund qualified Canadian Exploration Expenditures (CEE) on the Ladner Gold Project.

Finders’ fees may be payable on portions of the offerings in accordance with TSX Venture Exchange policy. All securities issued in connection with the offerings will be subject to a statutory hold period of four months plus one day from the date of issuance in accordance with applicable securities legislation.

About New Carolin Gold Corp.

New Carolin Gold is a Canadian-based junior company focused on the exploration, evaluation and development of our 100% owned property consisting of 144 square kilometers of contiguous mineral claims and crown grants, collectively known as the “Ladner Gold Project” (Project).  The Project is located near Hope, BC in the prospective and under-explored Coquihalla Gold Belt, which is host to several historic small gold producers including the Carolin Mine, Emancipation Mine and Pipestem Mine, and numerous gold prospects.

For additional information, please visit the Company’s website at www.newcarolingold.com.

ON BEHALF OF THE BOARD OF DIRECTORS

“Robert L. Thast”

President & Chief Executive Officer

Phone: 604.542.9458

Cell:     604.220.5031

E-mail:  ceo@newcarolingold.com

Web site:  www.newcarolingold.com

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

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 the accuracy of this press release. 

Caution concerning forward-looking information

This news release may contain forward-looking statements that are based on the Company’s expectations, estimates and projections regarding its business and the economic environment in which it operates.  These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict.  Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements.  Statements speak only as of the date on which they are made and the Company undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances, unless otherwise required to do so by law.

November 16 2017: New Carolin Announces Financing Plans, Annual Meeting Of Shareholders And An Exploration Program Update

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

New Carolin Announces Financing Plans, Annual Meeting Of Shareholders And An Exploration Program Update 

November 16 2017 – New Carolin Gold Corp. (the “Company”) (TSXV: LAD) (OTCBB: LADFF) announces the following details with respect to financing plans, its Annual General and Special Meeting of shareholders and an update on the proposed work program at its 100%-owned Ladner Gold Project.

Based on the advice of numerous financial industry and investor sources consulted in the course of the Company’s efforts to secure financing, management has determined that it is in the Company’s best interests to consolidate its share capital on a ten old for one new share basis.  In fact, from those discussions, management believes it to be a necessary step to secure the financing required to continue the development of its mineral assets.  Therefore, the Company is planning to make an offering to raise $1,500,000 by way of the private placements of units (“Units”) and flow through common shares (“FT Shares”) in its capital stock on a post-consolidated basis and present the necessary corporate resolutions at its upcoming Annual General and Special Meeting of its shareholders.  The particulars of each process are as follows:

Financing

The Unit offering will consist of up to 5,000,000 Units at a price of $0.25 per Unit for gross proceeds of up to $1,250,000, each Unit comprised of one post-consolidated common share and one-half of one post-consolidation common share purchase warrant (“Warrant”), each whole Warrant exercisable to purchase one additional post-consolidation common share at a price of $0.50 per share for a period of twenty-four months from closing.  Proceeds of the Unit offering will be used for the payment of urgent liabilities, for audit costs and for continued development of the Ladner Gold Project in southwestern British Columbia (see below).

The flow through share offering consists of up to 500,000 flow through common shares (on a post-consolidation basis) of the Company at a price of $0.50 per FT Share for gross proceeds of up to $250,000.  Each FT Share is designated as a flow through share pursuant to the Income Tax Act (Canada).  Proceeds from the FT Share offering will be used to fund qualified Canadian Exploration Expenditures (CEE) on the Company’s Ladner Gold Project.

Finder fees may be payable on portions of the offerings in accordance with TSX Venture Exchange policy.  All securities issued in connection with both offerings are subject to a statutory hold period of four months plus one day from the date of issuance in accordance with applicable securities legislation.

The Company plans to close on the two offerings by December 31, 2017. However closing is conditional on the Company consolidating its share capital on the ten pre-consolidated common shares for one post-consolidated common share basis referenced above.  The shareholders will be asked to approve such a consolidation and the means for a consolidation at the Company’s Annual General and Special Meeting of Shareholders slated for December 15, 2017, referenced below.  In the event that no such approval is obtained, the financing will be cancelled.

Annual General and Special Meeting of Shareholders

The Company is providing notice to its registered shareholders that it will hold it’s Annual General and Special Meeting (“AGM”) on December 15, 2017.  The information circular for the AGM will mail November 20, 2017, and will include certain special resolutions such as that regarding approval of a ten pre-consolidated shares for one post-consolidated share consolidation, as referenced above.  Other special items to be considered will be a change to the articles of the Company.

Ladner Gold Project – Work Program Update

At the Company’s Ladner Gold Project near Hope, BC, the execution of the planned drill programs was delayed by the late issuance of a 5-year underground exploration permit by the Ministry of Energy and Mines, delays in the Company securing necessary equipment and a long and difficult winter season with over 15 feet of snow falling on the access road and mine site. The site has since been prepped with power, command center, communication systems and ancillary requirements.

Upon completion of the financing as proposed above, the Company expects to be sufficiently funded to execute on the next phase of work, which includes a proposed 20-hole drill program.  Pending financing, the Company expects to remobilize in mid-January 2018.

About New Carolin Gold Corp.

New Carolin Gold Corp. is a Canadian-based brownfields development company focused on the exploration, evaluation and development of our 100% owned property, consisting of 144 square kilometers of contiguous mineral claims and crown grants collectively known as the Ladner Gold Project. The Company is currently executing exploration programs on the property which is located 2 hours by freeway from Vancouver near Hope, British Columbia, in the prospective and under-explored Coquihalla Gold Belt. The Company has an existing mine permit, water licenses and tailings facility in place, as well as 10.5 kilometers of underground tunnels for exploration access. The Ladner Gold Project is host to several historic gold producers, including the Carolin Mine, Emancipation Mine, Arum Mine, Ward Mine, and Pipestem Mine, in addition to numerous artisan workings and gold prospects that typically exploit high grade visible gold mineralization.

For additional information, please visit the Company’s website at www.newcarolingold.com.

ON BEHALF OF THE BOARD OF DIRECTORS

“Robert L. Thast”

President & Chief Executive Officer

Phone:     604.542.9458

Cell:         604.220.5031

E-mail:      ceo@newcarolingold.com

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

Caution concerning forward-looking information

This news release may contain forward-looking statements that are based on the Company’s expectations, estimates and projections regarding its business and the economic environment in which it operates.  These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict.  Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements.  Statements speak only as of the date on which they are made, and the Company undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances, unless otherwise required to do so by law.

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 the accuracy of this press release.

September 7, 2017: New Carolin Enters into Agreement with Library Gold Ltd. for Consulting and Project Management Services

Vancouver, BC September 6, 2017. New Carolin Gold Inc. (TSX.V “LAD” – BB “LADFF”), (the Company) is pleased to announce it has entered into a Consulting Services and Project Management Agreement with Vancouver based Library Gold Ltd. (Library), to assist in advancing the Company’s 100% controlled Ladner Gold Project. Library is a Vancouver based, private consulting company consisting of a group of mining industry professionals, who provide project management, engineering and mine development services and collaborate within the group on a project specific basis.

Three of Library’s stakeholders will lead the technical team providing services to the Company:

  • Ted Bassett, P.Eng., and CEO of Library, is a mining engineer with over 45 years experience in engineering and construction of mines. He has held senior project management and executive levels positions on numerous projects with major mining companies. He currently sits on the Project Executive Committee of the Baffin Land Iron Ore Expansion Project and was Project Director on the Diavik Diamond Mines project;
  • Michael Thicke,Geo. is a proven discoverer of porphyry copper and precious metal deposits with over 30 years of international exploration experience, with high level leadership, management and technical responsibility in both major mining company and junior exploration environments;
  • David Minson, is a metallurgical process engineer with 40 years experience in all aspects of process plant design, construction start up and operations, focused on base and precious metals operations in Africa and the Americas.

Under the Agreement Library will provide a suite of services and act as the Company’s technical support and operations management arm going forward. Library will be responsible for project evaluation, planning, managing exploration work and project development on the Company’s Ladner Gold Project. The technical team will undertake a full evaluation of the available data and Ladner Gold Project and assist the Company with development plans at the Carolin Mine and several other identified gold zones. The objectives are to execute exploration work and drilling plans to confirm historic mining grades and tonnage and expand resources. Subject to attracting ongoing funding, Library will advance the project to a prefeasibility or feasibility stage, and if feasibility can be demonstrated, Library will provide necessary engineering services, flow sheet and an overall mine development plan.

Subject to the policies of the TSX.V Exchange, the Services to be provided by Library will be paid in shares in the Company, to be issued from time to time based on work orders and work performed. The Company will pay out of pocket expenses incurred by Library going forward.

Ted Bassett CEO of Library stated “after undertaking considerable due diligence over the past 12 months to determine the scope of the Ladner Gold Project, we are excited about the prospects of the project and believe that with our dedicated team of geologists and mining professionals, that we can help the Company realize its full potential. We look forward to aligning our Company with New Carolin and bringing all of our expertise to bear in advancing this project”.

Bob Thast, CEO stated, “We are obviously excited to have struck an agreement with Library and fortunate to attract a group with this kind of pedigree and experience. I trust that with the addition of Library’s considerable technical expertise and capability, a value proposition will be realized for our supportive and patient shareholder base.”

Over the past several months the Company expended several hundreds of thousands of dollars for underground rehab and upgrades, road maintenance and necessary equipment, and compliance related expenditures required under its recently granted 5-year underground exploration permit.  Given the circumstances surrounding permitting, compliance requirements, available capital and lengthy evaluation and agreement process with Library, the Company delayed the start of its planned underground exploration program. Having met the permit requirements for underground drilling and completing the agreement with Library, the intention to is to raise additional capital to undertake  work programs panned, including a multi stage drill program, as soon as possible.

About New Carolin Gold

New Carolin Gold Corp. is a Canadian-based brownfields development company focused on the exploration, evaluation and development of its 100% owned Ladner Gold Project, consisting of 144 square kilometers of contiguous mineral claims and crown grants in the prospective and under-explored Coquihalla Gold Belt, located 2 hours by freeway from Vancouver near Hope, British Columbia.  The Company has an existing mine permit, water licenses and tailings facility in place, as well as 10.5 kilometers of underground tunnels for exploration access. The Ladner Gold Project is host to several historic gold producers, including the Carolin Mine, Emancipation Mine, Arum Mine, Ward Mine, and Pipestem Mine, in addition to numerous artisan workings and gold prospects that typically exploit high grade visible gold mineralization.

For additional information, please visit the Company’s website at www.newcarolingold.com.

ON BEHALF OF THE BOARD OF DIRECTORS

“Robert L. Thast”

President & Chief Executive Officer

Phone:  604.542.9458

Cell:      604.220.5031

E-mail:  ceo@newcarolingold.com

Web site:  www.newcarolingold.com

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

Caution concerning forward-looking information

This news release may contain forward-looking statements that are based on the Company’s expectations, estimates and projections regarding its business and the economic environment in which it operates.  These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict.  Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements.  Statements speak only as of the date on which they are made, and the Company undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances, unless otherwise required to do so by law.

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 the accuracy of this press release.

May 12, 2017: New Carolin Gold Prepares For Underground Drill Program

May 12, 2017 – New Carolin Gold Corp. (the “Company”) (TSXV: LAD) (OTCBB LADFF) is pleased to announce that it has completed required underground safety upgrades noted in its recently approved 5-year underground exploration permit received April 7, 2017.

In November of 2016 the Company engaged the services of an independent underground mining engineer to survey the approx. 10.5 km of underground workings at the historic Carolin Mine. A detailed report was submitted outlining safety recommendations, upgrades and areas to be rehabbed. As a condition of the Company’s permit, recommendations in the engineers report were to be carried before commencement of an underground drill program. Over the past several months the Company has engaged contractors and professional underground mining personnel to undertake substantial scaling programs, install required timber supports, bring down and dispose of outdated piping and ventilation infrastructures, install new ventilation lines, post necessary warning signs underground, and build an escape route between the 800 meter and 900 meter levels within the Carolin Mine. The Company has complied with recommendations and set to commence with the Phase Two underground program.

The Company experienced delays in starting Phase Two, due in part to the unusually difficult winter conditions and considerable snow pack which blocked required access points. Fortunately capital expended to maintain the road and parts of the mill site has enabled the Company to keep culverts operating as normal which has to date mitigated erosion and damage that normally takes place with the spring runoff. The roads to the mill and the 800 and 900 level portals are sufficiently accessible now to allow heavy transport trucks to haul in the equipment such as the drill rig, the approx. 1200 meters of heavy industrial electrical cable required to feed power to the drill rig, a trailer and command center, power generator and other requirements. During the underground upgrades the Company hung guide lines and J hooks on the upper walls of 800 (track) level tunnel which runs straight into the mountain over 1000 meters from the portal opening. The guide lines will support the electrical cable which will provide power to the drill along the 800 level. Cable will also be fed from the 875 and 900 meter levels down to the 800 level and spliced in to provide power to the drill on these levels.

Click the following link to a short video which also provides footage taken during the underground upgrading https://www.youtube.com/watch?v=0h1AAIlpA8k

The Phase Two exploration program planned will include confirmation holes, testing mineralized drill intercepts discovered in the 2016 surface drill program, step out holes, new exploration holes, additional channel sampling and base metallurgical testing. The underground exploration program has been planned utilizing 600+ historical drill assays, data from the 2016 surface drill program, detailed underground and surface surveys, detailed mapping, structural surveying, surface sampling and underground channel sampling, and data obtained from 3D geological modeling. In addition to exploration targets planned in Phase Two and step out holes at existing mineralized gold zones, the Company has identified previously untested targets which it plans to drill from close proximity drill stations underground. These mineralized targets were noted during the 2016 exploration program but were deemed too expensive, as they would have required drilling 300 to 600 meter holes to attempt contacting from surface. Drill stations will now be positioned in very close proximity to known mineralized zones and next to new exploration targets. With the compilation of all recent and historic assays and geological data the Company looks to advance development through the Phase Two program at the Carolin Mine and looks forward to providing updates to shareholders as developments unfold.

The following table is an excerpt from the Company’s 2016 Technical Report and provides a short list of notable assays from historical drilling at the Carolin Mine. For further detail visit the Company’s website under Project heading then click Mineralization / Geological Model.

 

DDH No. From (m) To (m) Width (m) Gold gm/to Width (ft) Gold oz/t
11000-52 3.00 8.00 5.00 3.85 16.4 0.112
11000-52 31.00 34.00 3.00 3.45 9.8 0.101
11000-55 64.00 66.00 2.00 6.79 6.6 0.198
11000-71 154.89 162.00 7.11 6.43 23.3 0.188
11000-71 192.00 195.00 3.00 4.33 9.8 0.126
11000-71 233.50 234.50 1.00 5.49 3.2 0.160
11000-71 255.50 262.50 7.00 5.15 23.0 0.150
11050-1 90.40 91.44 1.04 9.05 3.4 0.264
11050-2 40.10 41.15 1.05 3.74 3.4 0.109
11050-3 38.00 47.27 9.27 5.01 30.4 0.146
11050-59 25.00 27.00 2.00 5.62 6.6 0.164
11050-63 25.31 27.43 2.12 6.27 7.0 0.183
11050-63 114.00 118.00 4.00 6.07 13.1 0.177
11050-63 165.50 174.50 9.00 11.40 29.5 0.333
11100-61 176.68 177.83 1.15 4.87 3.8 0.142
11100-61 186.93 190.00 3.07 10.26 10.0 0.299
11100-62 62.50 63.60 1.10 4.15 3.6 0.121
11100-66 91.00 92.00 1.00 4.42 3.3 0.129
785-22 66.00 72.00 6.00 6.38 19.7 0.186
785-46 37.00 40.00 3.00 5.92 9.8 0.173
820-25 4.57 7.52 2.95 3.87 9.7 0.113
820-25 54.50 58.50 4.00 5.23 13.1 0.153

About New Carolin Gold Corp.

New Carolin Gold Corp. is a Canadian-based brownfields development company focused on the exploration, evaluation and development of our 100% owned property, consisting of 144 square kilometers of contiguous mineral claims and crown grants collectively known as the Ladner Gold Project. The Company is currently executing exploration programs on the property which is located 2 hours by freeway from Vancouver near Hope, British Columbia, in the prospective and under-explored Coquihalla Gold Belt. The Company has an existing mine permit, water licenses and tailings facility in place, as well as 10.5 kilometers of underground tunnels for exploration access. The Ladner Gold Project is host to several historic gold producers, including the Carolin Mine, Emancipation Mine, Arum Mine, Ward Mine, and Pipestem Mine, in addition to numerous artisan workings and gold prospects that typically exploit high grade visible gold mineralization.

For additional information, please visit the Company’s website at www.newcarolingold.com.

ON BEHALF OF THE BOARD OF DIRECTORS

“Robert L. Thast”

President & Chief Executive Officer

Phone:  604.542.9458

Cell:      604.220.5031

E-mail:  ceo@newcarolingold.com

Web site:  www.newcarolingold.com

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 the accuracy of this press release.        

Caution concerning forward-looking information

This news release may contain forward-looking statements that are based on the Company’s expectations, estimates and projections regarding its business and the economic environment in which it operates. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements. Statements speak only as of the date on which they are made, and the Company undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances, unless otherwise required to do so by law.

April 12, 2017: New Carolin Gold Recieves 5-Year Exploration Permit And Engages Underground Project Geologist

April 12, 2017 – New Carolin Gold Corp. (the “Company”) (TSXV: LAD) (OTCBB: LADFF) is pleased to announce that it has received a 5-year exploration permit from BC Ministry of Mines effective April 07, 2017. Receiving this important permit clears the path for the Company to complete underground preparation work at the Carolin Mine and execute on the planned Phase Two underground exploration work program.

The Company also announces that it has engaged Mr. Jamie Pardy P.Geo. as project manager for the upcoming Phase Two underground work program. Jamie has 30 years’ experience as a geologist, exploration manager, technical services manager, and acted in various capacities with the BC Ministry of Mines. Jamie was most recently employed for 6 years with Great Panther Silver as exploration & country manager in Peru. He was involved in assessing silver-gold and base-metal projects, geological modeling, resource estimation, underground development/drilling and financial modeling. Jamie also acted as technical services manager for Great Panther in Mexico, directing mine production, geology and exploration. Previously, he was exploration manager for Goldbrook Ventures for Ni-Cu-PGEs in Northern Quebec, prior to being acquired by China-based JJ Nickel. During his tenure with the BC Ministry of Mines Jamie acted as a regional / staff geologist, mines inspector and was Lima-based manager of the Peru Minerals and Metals Public Sector Assistance Program.  He also worked as a regional planner and participated in and facilitated various multi-sector land use agreements and plans.

Operations Update

Field work has been delayed because of severe winter weather conditions and snow pack at the Carolin Mine. During the delay project management has been assessing project data which included data from 2016 drilling, surface sampling and underground sampling programs, and mapping, scans and surveys of the underground workings and stopes carried out in June and December of 2016. Additional work has also been done on 3D geological modeling in order to identify drill targets and underground stations for the upcoming Phase Two program. With weather now cooperating and the permit having been issued, the Company has scheduled a resumption of work on April 19, 2017.

Further announcements of work completed, work plans and schedules are forthcoming.

About New Carolin Gold Corp.

New Carolin Gold Corp. is a Canadian-based brownfields development company focused on the exploration, evaluation and development of our 100% owned property, consisting of 144 square kilometers of contiguous mineral claims and crown grants collectively known as the Ladner Gold Project. The Company is currently executing exploration programs on the property which is located 2 hours by freeway from Vancouver near Hope, British Columbia, in the prospective and under-explored Coquihalla Gold Belt. The Company has an existing mine permit, water licenses and tailings facility in place, as well as 10.5 kilometers of underground tunnels for exploration access. The Ladner Gold Project is host to several historic gold producers, including the Carolin Mine, Emancipation Mine, Arum Mine, Ward Mine, and Pipestem Mine, in addition to numerous artisan workings and gold prospects that typically exploit high grade visible gold mineralization.

For additional information, please visit the Company’s website at www.newcarolingold.com. 

ON BEHALF OF THE BOARD OF DIRECTORS

“Robert L. Thast”

President & Chief Executive Officer

Phone:  604.542.9458

Cell:      604.220.5031

E-mail:   ceo@newcarolingold.com 

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 the accuracy of this press release.                   

Caution concerning forward-looking information

This news release may contain forward-looking statements that are based on the Company’s expectations, estimates and projections regarding its business and the economic environment in which it operates. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements. Statements speak only as of the date on which they are made, and the Company undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances, unless otherwise required to do so by law.

January 24, 2017: Underground Channel Sampling Intersects 5.20 metres of 9.22 g/t Gold including 2.1 Metres of 17.88 g/t Gold at Carolin

January 24, 2017 — New Carolin Gold Corp. (the “Company” or “New Carolin”) (TSXV: LAD) (OTCBB LADFF) – is pleased to announce underground channel sampling results from the on-going exploration work at the Ladner Creek Project.

Underground channel sampling and mapping continues at the Carolin Mine Zone, where historical mining and drilling has identified numerous zones of gold mineralization.  The current work program is designed to provide additional data in previously un-sampled areas of the underground workings.

Channel LCU16-002 is located on the 875 level on the west side of the exploration drift in an area where historical work did not indicate the presence of high grade gold mineralization.  Channel LCU16-002 intersects 40.30 metres of 2.62 g/t Gold, including 5.20 metres of 9.22 g/t Gold and including 2.10 metres of 17.88 g/t Gold and presents a new target for follow-up work with underground drilling.

Table 1 shows a complete list of channel sample intercepts:

Channel From (m) To (m) Width (m) Au (g/t)
LCU16-CHN01 Anomalous values
LCU16_CHN02 0.00 40.30 40.30 2.62
LCU16_CHN02 including 0.00 8.10 8.10 4.18
LCU16_CHN02 and including 2.00 8.10 6.10 4.91
LCU16_CHN02 and including 2.00 3.00 1.00 10.50
LCU16_CHN02 and including 25.90 31.10 5.20 9.22
LCU16_CHN02 and including 26.90 29.00 2.10 17.88
LCU16_CHN02 and including 26.90 27.90 1.00 26.00
LCU16_CHN03 26.00 34.00 8.00 1.14
LCU16_CHN04 anomalous values
LCU16_CHN05 8.00 11.00 3.00 1.15

* width represents core length.  True width has not been established.  All composite intervals are calculated using a 0.10 g/t Au cut-off grade with <= 1.0m of internal waste dilution.

Underground Geological mapping and channel sampling is ongoing in newly accessible areas of the underground at the Carolin Mine Zone in preparation for the up-coming Phase Two underground Drill Program.

All technical information for the Carolin Mine Project is obtained and reported under a formal quality assurance and quality control (QA/QC) program.  A quality control gold standard of known value was randomly inserted every 25 samples along with a blank (zero grade material) and a duplicate sample.  The results of the assaying of the QA/QC material included in each batch are tracked to ensure the integrity of the assay data.  Samples were transported to a secure storage facility in Hope B.C. and shipped to Activation Labs in Kamloops, B.C. an accredited mineral analysis laboratory for preparation and analysis utilizing both fire assay and metallic screen methods.

Mr. R. Bob Singh, P.Geo, Exploration Manager, is the qualified person responsible for the technical content of this news release.

About New Carolin Gold Corp. 

New Carolin Gold Corp. is a Canadian-based brownfields development company focused on the exploration, evaluation and development of our 100% owned property, consisting of 144 square kilometers of contiguous mineral claims and crown grants collectively known as the Ladner Gold Project. The Company is currently executing exploration programs on the property which is located 2 hours by freeway from Vancouver near Hope, British Columbia, in the prospective and under-explored Coquihalla Gold Belt.  The Company has an existing mine permit, water licenses and tailings facility in place, as well as 10.5 kilometers of underground tunnels that are now completely accessible for exploration access. The Ladner Gold Project is host to several historic gold producers, including the Carolin Mine, Emancipation Mine, Arum Mine, Ward Mine, and Pipestem Mine, in addition to numerous artisan workings and gold prospects that typically exploit high grade visible gold mineralization.

For additional information, please visit the Company’s website at www.newcarolingold.com. 

ON BEHALF OF THE BOARD OF DIRECTORS

“Robert L. Thast”

President & Chief Executive Officer

Phone:  604.542.9458

Cell:      604.220.5031

E-mail:  ceo@newcarolingold.com

Web site:  www.newcarolingold.com

 This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

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 the accuracy of this press release. 

Caution concerning forward-looking information

This news release may contain forward-looking statements that are based on the Company’s expectations, estimates and projections regarding its business and the economic environment in which it operates.  These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict.  Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements.  Statements speak only as of the date on which they are made, and the Company undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances, unless otherwise required to do so by law.

January 19, 2017: New Carolin Gold Closes Unit Financing And Appoints Allyson Taylor Partners For IR

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

January 19 2017 — New Carolin Gold Corp. (the “Company” or “New Carolin”) (TSXV: LAD / OTCBB: LADFF) is pleased to announce that it has over-subscribed its Unit private placement financing (the “Unit Offering”) and appointed Allyson Taylor Partners Inc. of Montreal, QC as Investor Relations consultant.

Unit Financing

The Company has closed on the non-flow through Unit Offering announced November 15 and December 21, 2016, for gross proceeds of $508,270 by way of the private placement of 7,261,000 units (“Units”) in the capital stock of the Company at a price of $0.07 per Unit.  Each Unit consists of one common share of the Company and one warrant to purchase one additional common share for a period of two years from the date of closing at a price of $0.07 per share in the first year and $0.09 per share in year 2.

Proceeds from the Unit Offering will be used for working capital and general corporate purposes.  Finder’s fees were paid on portions of the Unit Offering in accordance with TSX Venture Exchange regulations, as to up to 8% cash commission totaling $19,821 and up to 8% finder’s warrants totaling 455,160 warrants, each warrant issued for a period of two years and exercisable on the same terms as the subscriber Unit warrants.  All securities issued in connection with the placement are subject to a statutory hold period of four months plus one day from the date of issuance in accordance with applicable securities legislation.

IR Appointment

The Company is pleased to announce that it has entered into an agreement for Investor Relations services with Allyson Taylor Partners Inc. of Montreal, Quebec.

Allyson Taylor Partners Inc. (“ATP”) has been an Investor Relations and marketing consultant to private and public companies for the past ten years, during which they have arranged financing and provided marketing services to over forty companies.  ATP will be committing to increasing investor awareness for New Carolin throughout North America and in the European financial community, especially with private family offices and high net worth individuals.

The agreement includes a contract fee of $4,000 per month for an initial 6-month term, to be carried forward on a month-to-month basis.   Additionally, ATP has been granted 300,000 incentive stock options priced at $0.07, vesting as to 25% per quarterly period for a period of one year.

Robert Thast, New Carolin CEO commented: “The Company is pleased that ATP has joined our team to help increase exposure through their numerous contacts throughout the financial community in North America and Europe.  We look forward to working with them”.

Incentive Stock Options

The Company also reports that the board of directors has granted 3,500,000 incentive stock options to purchase common shares of the Company at a price of $0.07 per share to its consultants, management and directors. The options are exercisable for a maximum period of five years from the date of grant. 2,000,000 of the options are being granted to the officers and directors of the Company.

About New Carolin Gold

New Carolin Gold Corp. is a Canadian-based brownfields development company focused on the exploration, evaluation and development of its 100% owned Ladner Gold Project, consisting of 144 square kilometers of contiguous mineral claims and crown grants in the prospective and under-explored Coquihalla Gold Belt, located 2 hours by freeway from Vancouver near Hope, British Columbia.  The Company has an existing mine permit, water licenses and tailings facility in place, as well as 10.5 kilometers of underground tunnels for exploration access. The Ladner Gold Project is host to several historic gold producers, including the Carolin Mine, Emancipation Mine, Arum Mine, Ward Mine, and Pipestem Mine, in addition to numerous artisan workings and gold prospects that typically exploit high grade visible gold mineralization.

For additional information, please visit the Company’s website at www.newcarolingold.com.

ON BEHALF OF THE BOARD OF DIRECTORS

“Robert L. Thast”

President & Chief Executive Officer

Phone:  604.542.9458

Cell:      604.220.5031

E-mail:  ceo@newcarolingold.com

Web site:  www.newcarolingold.com 

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

Caution concerning forward-looking information

This news release may contain forward-looking statements that are based on the Company’s expectations, estimates and projections regarding its business and the economic environment in which it operates.  These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict.  Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements.  Statements speak only as of the date on which they are made, and the Company undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances, unless otherwise required to do so by law.

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 the accuracy of this press release. 

December 28, 2016: New Carolin Gold Closes Second Tranche Of Flow Through Placement And Arranges Additional Funding For Working Capital

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

December 28 2016 — New Carolin Gold Corp. (the “Company” or “New Carolin”) (TSXV: LAD / OTCBB: LADFF) is pleased to announce that it has closed on $905,000 of its $1,100,000 flow-through financing (the “FT Offering”) announced on November 4 and December 21, 2016.  In a second tranche of $375,000 closed on December 23, 2016, the Company issued 5,769,231 flow-through common shares (the “FT Shares”) in its capital stock at a price of $0.065 per FT Share.  Each FT Share is designated as a flow-through share pursuant to the Income Tax Act (Canada).  Proceeds from the FT Offering will be used to fund qualified Canadian Exploration Expenditures (CEE) work on the Company’s Ladner Gold Project in southwestern British Columbia.  All securities issued in connection with the FT Offering are subject to a statutory hold period of four months plus one day from the date of issuance in accordance with applicable securities legislation.

In addition to the $500,000 non-flow through working capital unit offering announced on November 15 and December 21, 2016, the Company has arranged a third party loan for $210,000 for working capital and general corporate purposes. The loan will have a term of one year, will bear interest at a rate of 13% per annum and will be secured by a general security agreement over the assets of the Company.  The Company will issue 3,500,000 bonus common share purchase warrants priced at $0.06 to the lender in connection with the loan.  The loan and the issue of bonus warrants under the loan is subject to regulatory approval.

About New Carolin Gold

New Carolin Gold Corp. is a Canadian-based brownfields development company focused on the exploration, evaluation and development of its 100% owned Ladner Gold Project, consisting of 144 square kilometers of contiguous mineral claims and crown grants in the prospective and under-explored Coquihalla Gold Belt, located 2 hours by freeway from Vancouver near Hope, British Columbia.  The Company has an existing mine permit, water licenses and tailings facility in place, as well as 10.5 kilometers of underground tunnels for exploration access. The Ladner Gold Project is host to several historic gold producers, including the Carolin Mine, Emancipation Mine, Arum Mine, Ward Mine, and Pipestem Mine, in addition to numerous artisan workings and gold prospects that typically exploit high grade visible gold mineralization.

For additional information, please visit the Company’s website at www.newcarolingold.com.

ON BEHALF OF THE BOARD OF DIRECTORS

“Robert L. Thast”

President & Chief Executive Officer

Phone:  604.542.9458

Cell:      604.220.5031

E-mail:  ceo@newcarolingold.com

Web site:  www.newcarolingold.com

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

Caution concerning forward-looking information

This news release may contain forward-looking statements that are based on the Company’s expectations, estimates and projections regarding its business and the economic environment in which it operates.  These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict.  Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements.  Statements speak only as of the date on which they are made, and the Company undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances, unless otherwise required to do so by law.

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 the accuracy of this press release.

December 21, 2016: New Carolin Gold Re-Prices Second Tranche Of Flow Through Placement And Re-Prices Non-Flow Through Warrants

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

December 21 2016 — New Carolin Gold Corp. (the “Company” or “New Carolin”) (TSXV: LAD / OTCBB: LADFF) announces that, due to current market conditions and to recent global gold pricing, the Company has been forced to re-price the up to $570,000 second tranche of its $1,100,000 flow-through financing (the “FT Offering”) originally announced November 4, 2016.  The Company will now issue a second tranche of up to 8,769,231 flow-through common shares (the “FT Shares”) in the capital stock of the Company at a price of $0.065 per FT Share. The Company expects to close on a major portion of the second tranche of FT Shares within the next few days.  Each FT Share will be designated as a flow-through share pursuant to the Income Tax Act (Canada).  The proceeds from the FT Offering will be used to fund qualified Canadian Exploration Expenditures (CEE) work on the Company’s Ladner Gold Project in southwestern British Columbia.

The Company also reports that it has repriced the warrants associated with the working capital financing of up to $500,000 by way of the private placement of up to 7,142,857 non-flow through units (“NFT Units”) in the capital stock of the Company at a price of $0.07 per NFT Unit (the “NFT Offering”) originally announced on November 15, 2016.  Each NFT Unit will now consist of one non-flow through common share of the Company and one warrant to purchase one additional non-flow through common share for a period of two years at a price of $0.07 per share if exercised within the first year after closing and at a price of $0.09 per share if exercised within the second year from the date of closing.  Proceeds from the NFT Offering will be used for working capital and general corporate purposes.

Finder’s fees may be paid on portions of both the FT and NFT Offerings in accordance with TSX Venture Exchange regulations.  All securities issued in connection with the FT and NFT Offerings are subject to a statutory hold period of four months plus one day from the date of issuance in accordance with applicable securities legislation.

About New Carolin Gold

New Carolin Gold Corp. is a Canadian-based brownfields development company focused on the exploration, evaluation and development of its 100% owned Ladner Gold Project, consisting of 144 square kilometers of contiguous mineral claims and crown grants in the prospective and under-explored Coquihalla Gold Belt, located 2 hours by freeway from Vancouver near Hope, British Columbia.  The Company has an existing mine permit, water licenses and tailings facility in place, as well as 10.5 kilometers of underground tunnels for exploration access. The Ladner Gold Project is host to several historic gold producers, including the Carolin Mine, Emancipation Mine, Arum Mine, Ward Mine, and Pipestem Mine, in addition to numerous artisan workings and gold prospects that typically exploit high grade visible gold mineralization.

For additional information, please visit the Company’s website at www.newcarolingold.com.

ON BEHALF OF THE BOARD OF DIRECTORS

“Robert L. Thast”

President & Chief Executive Officer

Phone:  604.542.9458

Cell:      604.220.5031

E-mail:  ceo@newcarolingold.com

Web site:  www.newcarolingold.com

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

Caution concerning forward-looking information

This news release may contain forward-looking statements that are based on the Company’s expectations, estimates and projections regarding its business and the economic environment in which it operates.  These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict.  Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements.  Statements speak only as of the date on which they are made, and the Company undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances, unless otherwise required to do so by law.

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 the accuracy of this press release.

December 15, 2016: DRILLING INTERSECTS 4.0 M of 4.79 g/t Au and 2.0 M of 6.29 g/t Au at CAROLIN - COMPANY BEGINS TARGET DEFINITION UNDERGROUND

December 15, 2016 — New Carolin Gold Corp. (the “Company” or “New Carolin”) (TSXV: LAD) (OTCBB LADFF) is pleased to announce the remaining results from the Phase I surface drill program completed at the Company’s Ladner Creek project in the fall of 2016.

Highlights of this work program include:

  • Hole CM-005 intersected 3.0m of 3.08 g/t Au
  • Hole CM-007 intersected 16.0m of 1.12 g/t Au including 2.0m of 4.57 g/t Au and including 1.0m of 6.73 g/t Au
  • Hole CM-008 intersected 23.0m of 1.18 g/t Au including 2.0m of 6.29 g/t Au
  • Hole CM-009 intersected 35.0m of 1.07 g/t Au including 7.0m of 3.19 g/t Au and including 1.0m of 5.90 g/t Au
  • Hole CM-010 intersected 7.5m of 2.43 g/t Au including 1.5m of 5.51 g/t Au
  • Hole CM-012 intersected 4.0m of 4.79 g.t Au including 2.0m of 5.91 g/t Au.

These holes were designed to test for gold mineralization both above and to the east of the Carolin Mine Zone.  Due to the proximity of the Underground workings holes were targeted approximately 30m away from the mine workings to avoid intersected open areas of the underground.

Hole CM-012 intersected 5 distinct mineralized zones east of the current mine workings.  One intercept – 4.0m of 4.79 g/t Au is located approximately 40m east of the mine workings at the 935 level and provides key geological controls to join CM-012 with historical hole OG-15 (an additional 35m east of the mine workings) which intersected 6.3m of 5.41 g/t Au. CM-012 also ended in gold mineralization.

Hole CM-007 intersected 2.0m of 4.57 g/t Au including 1.0m of 6.73 g/t Au approximately 40m above the Carolin Mine Workings and up-dip of historical hole OG-34 which intersected 17.2m of 5.14 g/t Au and 10.5m of 5.48 g/t Au in two distinct zones- both located outside of the current Carolin Resource Estimate.  Hole CM-007 ended in mineralization and was terminated due to it’s proximity to the underground workings.  CM-007 also intersected 4 additional mineralized zones in the top 300 meters of the hole.  These intercepts are above the Carolin Mine Workings and are considered new targets for future exploration.   A complete list of results is provided in Table 1.

Table 1. Composite assay results

Hole Number Width (m)* From To Au (g/t)
CM-005 8.00 40.00 48.00 1.64
CM-005 including 3.00 43.00 46.00 3.08
CM-005 and including 1.00 45.00 46.00 3.95
CM-006 1.00 62.00 63.00 2.59
CM-007 9.00 186.00 195.00 1.46
CM-007 including 2.00 189.00 191.00 2.13
CM-007 and 16.00 308.00 324.00 1.12
CM-007 including 4.00 320.00 324.00 3.08
CM-007 and including 2.00 320.00 322.00 4.57
CM-007 and including 1.00 320.00 321.00 6.73
CM-008 7.00 80.00 87.00 1.10
CM-008 including 1.00 86.00 87.00 4.19
CM-008 and 23.00 117.00 140.00 1.18
CM-008 including 9.00 117.00 126.00 2.55
CM-008 and including 2.00 124.00 126.00 6.29
CM-009 35.00 85.00 120.00 1.07
CM-009 including 10.00 89.00 99.00 2.62
CM-009 and including 7.00 91.00 98.00 3.19
CM-009 and including 1.00 91.00 92.00 5.90
CM-010 7.50 13.50 21.00 2.43
CM-010 including 5.50 13.50 19.00 3.01
CM-010 and including 1.50 13.50 15.00 5.51
CM-011   anomalous gold values      
CM-012 3.50 27.50 31.00 2.72
CM-012 and 5.00 38.00 43.00 1.10
CM-012 including 1.00 39.00 40.00 2.17
CM-012 and 10.00 106.00 116.00 2.05
CM-012 including 4.00 112.00 116.00 4.79
CM-012 and including 2.00 114.00 116.00 5.91
CM-012 and 6.25 194.00 200.25 1.06
CM-012 including 2.00 196.00 198.00 2.73

* width represents core length.  True width has not been established.  All composite intervals are calculated using a 0.10 g/t Au cut-off grade with <= 1.0m of internal waste dilution.

The surface drill program was successful in showing continuity of the gold zones away from the historical underground workings and has provided the Company with important geological controls.  With surface drill results in hand the next phase of work from underground can be more clearly defined and enable the Company to better test higher grade zones of mineralization which are not easily accessed from surface.

All technical information for the Carolin Mine Project is obtained and reported under a formal quality assurance and quality control (QA/QC) program.  A quality control gold standard of known value was randomly inserted every 25 samples along with a blank (zero grade material) and a duplicate sample.  The results of the assaying of the QA/QC material included in each batch are tracked to ensure the integrity of the assay data.  Samples were transported to a secure storage facility in Hope B.C. and shipped to Activation Labs in Kamloops, B.C. an accredited mineral analysis laboratory for preparation and analysis utilizing both fire assay and metallic screen methods.

Mr. R. Bob Singh, P.Geo, Exploration Manager, is the qualified person responsible for the technical content of this news release.

About New Carolin Gold Corp.

New Carolin Gold Corp. is a Canadian-based brownfields development company focused on the exploration, evaluation and development of our 100% owned property, consisting of 144 square kilometers of contiguous mineral claims and crown grants collectively known as the Ladner Gold Project. The Company is currently executing exploration programs on the property which is located 2 hours by freeway from Vancouver near Hope, British Columbia, in the prospective and under-explored Coquihalla Gold Belt.  The Company has an existing mine permit, water licenses and tailings facility in place, as well as 10.5 kilometers of underground tunnels for exploration access. The Ladner Gold Project is host to several historic gold producers, including the Carolin Mine, Emancipation Mine, Arum Mine, Ward Mine, and Pipestem Mine, in addition to numerous artisan workings and gold prospects that typically exploit high grade visible gold mineralization.

For additional information, please visit the Company’s website at www.newcarolingold.com. 

ON BEHALF OF THE BOARD OF DIRECTORS

“Robert L. Thast”

President & Chief Executive Officer

Phone:  604.542.9458

Cell:      604.220.5031

E-mail:  ceo@newcarolingold.com

Web site:  www.newcarolingold.com 

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 the accuracy of this press release. 

Caution concerning forward-looking information

This news release may contain forward-looking statements that are based on the Company’s expectations, estimates and projections regarding its business and the economic environment in which it operates.  These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict.  Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements.  Statements speak only as of the date on which they are made, and the Company undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances, unless otherwise required to do so by law.

November 29, 2016:New Carolin Begins Phase 2 Underground Work Program

November 29 2016 — New Carolin Gold Corp. (the “Company” or “New Carolin”) (TSXV: LAD) (OTCBB LADFF) – New Carolin Gold Corp. (the Company) is pleased to announce it has begun a Phase II exploration program underground at the Carolin Mine, on the Company’s Ladner Gold Project.

Phase I work program summary:

The Company recently completed its 2016 Phase l exploration program, consisting of a 12-hole surface drill program, detailed underground mapping and sampling, and regional geological mapping. The results of the Phase l exploration program defined a consistently folded and gold mineralized corridor extending for approximately 6km. This folded sequence includes the historical Carolin Mine, Idaho, Pipestem and Lorraine Zones. Folding at the Carolin Mine suggests the possibility of repeated or “stacked” mineralized zones. This new interpretation is supported by historical workings, drilling and geological data.

Highlights of the Phase I exploration program include:

  • Identification of higher grade fold hinge zones at the Carolin Zone (ie. Hole CM-004 intersected 6.0 m of 4.87 g/t Au including 2.0 m of 11.90 g/t Au – see news release dated Nov 17, 2016) within a hinge domain;
  • Recognition of multiple zones all related by folding – results are pending from remaining 2016 drill holes which tested this model;
  • Identification of strike length continuity – the Carolin Zone extends for at least 800m within the historical workings. Surface mapping has identified a 6km long corridor with consistent geology, structure and gold mineralization styles.

Results from the remaining eight drill holes of Phase I work are currently being compiled and finalized and the Company anticipates announcing these results very shortly.

Initial Phase II Work Program:

The first leg of the Phase II Program now underway is focused on the underground. The Company will complete channel sampling of previously targeted areas, as well as completing detailed geological mapping and surveying underground. The results of the program will assist in targeting stations for underground drilling and updating the 3D geological model. The primary goal of this program is to identify high grade fold hinge domains and assess the possibility of multiple hinge domains or “stacked” gold mineralized zones.

There are 10.5 km of underground tunnels and drifts at the Carolin Mine that provide access. The 800 (track) level extends for 1 km and is the primary access tunnel for exploration planned in the Phase Two program. The 900 level provides the remaining access point for the Phase Two program. Working from underground provides for year-round exploration and will significantly reduce costs when compared to drilling from surface.

“The last work project carried out underground was done by Athabaska Minerals from 1994-1996. At the time the mill and ancillary infrastructures were intact and Athabaska estimated that approx. $7-8M in total would be required to resume gold production.  According to records approximately $3.5M was raised for drilling, drifting and defining high grade targets that could be economically mined at that time. Gold prices had declined from the $600 dollar range when Athabaska funded development its program in 1993, to below the $300 by 1996, which prevented Athabaska from executing that plan. The Company is now the benefactor of their underground development and drill data, as well as historic data from the Carolin Mine, which includes over 40,000 meters of drill data in total. Low-cost exploration, such as interpretation of historic geological data, mapping and sampling have helped to identify new targets for exploration and will allow us to focus on identifying higher grade areas. We are continuing to update our 3D geological model as we learn more about this incredible gold system.”

All technical information for the Carolin Mine Project is obtained and reported under a formal quality assurance and quality control (QA/QC) program. A quality control gold standard of known value was randomly inserted every 25 samples along with a blank (zero grade material) and a duplicate sample.  The results of the assaying of the QA/QC material included in each batch are tracked to ensure the integrity of the assay data. Samples were transported to a secure storage facility in Hope B.C. and shipped to Activation Labs in Kamloops, B.C. an accredited mineral analysis laboratory for preparation and analysis utilizing both fire assay and metallic screen methods.

Mr. R. Bob Singh, P.Geo, Exploration Manager, is the qualified person responsible for the technical content of this news release.

About New Carolin Gold

New Carolin Gold Corp. is a Canadian-based brownfields development company focused on the exploration, evaluation and development of our 100% owned property consisting of 144 square kilometers of contiguous mineral claims and crown grants collectively known as the Ladner Gold Project. The Company is currently executing exploration programs on the property which is located 2 hours by freeway from Vancouver near Hope, British Columbia, in the prospective and under-explored Coquihalla Gold Belt.  The Company has an existing mine permit, water licenses and tailings facility in place, as well as 10.5 kilometers of underground tunnels for exploration access. The Company’s Ladner Gold Project is host to several historic gold producers, including the Carolin Mine, Emancipation Mine, Arum Mine, Ward Mine, and Pipestem Mine, in addition to numerous artisan workings and gold prospects that typically exploit high grade visible gold mineralization.

For additional information, please visit the Company’s website at www.newcarolingold.com. 

ON BEHALF OF THE BOARD OF DIRECTORS

“Robert L. Thast”

President & Chief Executive Officer

Phone: 604.542.9458

Cell:     604.220.5031

E-mail: ceo@newcarolingold.com

Web site:  www.newcarolingold.com

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

Caution concerning forward-looking information

This news release may contain forward-looking statements that are based on the Company’s expectations, estimates and projections regarding its business and the economic environment in which it operates. These statements are not guarantees of future performance and involve risks and

uncertainties that are difficult to control or predict. Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements. Statements speak only as of the date on which they are made, and the Company undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances, unless otherwise required to do so by law.

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 the accuracy of this press release.

November 17, 2016: DRILLING INTERSECTS 6.0 metres of 4.97 g/t Au including 2.0 metres of 11.90 g/t Au at Carolin

November 17 2016 — New Carolin Gold Corp. (the “Company” or “New Carolin”) (TSXV: LAD) (OTCBB LADFF) – is pleased to announce initial results from the surface drilling program recently completed at its Ladner Creek Project, located east of Hope, British Columbia.

Highlights of this work program include:

  • Hole CM-004 intersected 6.0 m of 4.87 g/t Au including 2.0 m of 11.90 g/t Au
  • Hole CM-001 intersected 3.0 m of 1.83 g/t Au including 1.5 m of 2.6 g/t Au

Three holes were drilled along the margins of a fold nose interpreted to control gold mineralization at the Carolin mine and in surrounding areas.  Drilling was designed to intersect the on-strike continuity of gold mineralization originally targeted during historical underground mining.    Holes 1, 2, and 4 all successfully intersected gold mineralization that had been predicted through recent geological modeling.  Hole 3 intersected weakly anomalous gold mineralization and was drilled as an exploration hole west of the Carolin Mine zone.

The current interpretation developed from underground and surface geological mapping this past summer suggests that higher grade gold mineralization (as intersected in hole CM-004) occurs in fold hinges.  Wider zones of gold mineralization intersected in holes CM-001 and CM-001 (CM-001 intersected 41.5 m of 0.43 g/t gold and CM-002 intersected 28.4 m of 0.62 g/t gold) occur above and near fold hinges and provide a useful vector to define the higher-grade corridors.

The Cross Section Diagram shows a section of drill hole CM-004.  The interpretation suggests that the folded gold zone continues beyond the existing underground workings and has a high-grade core.  These folds have been mapped across approximately 6 kilometres of the property and have documented high grade gold occurring along the hinges.  The Company will continue to develop and refine the geological model in order to predict and delineate these higher-grade zones.

A complete list of significant intersections is provided in Table 1.  A plan map and cross section through Hole CM-001 is available on the Company’s website at https://www.newcarolingold.com/.

Hole Number Width* (m) From (m) To (m) Au (g/t)
CM-001 3.00 50.00 53.00 1.83
CM-001 including 1.50 51.50 53.00 2.60
CM-002 3.80 8.00 11.80 1.30
CM-002 including 0.80 11.00 11.80 2.05
CM-002 and 1.00 15.00 16.00 2.10
CM-003 anomalous
CM-004   8.00 138.00 146.00 3.89
CM-004   6.00 140.00 146.00 4.97
CM-004 including 2.00 144.00 146.00 11.90

Table 1: Gold values reported from surface drill program

*width indicates down-hole core length and does not imply true width of the zone.ncgc-plan-map
All technical information for the Carolin Mine Project is obtained and reported under a formal quality assurance and quality control (QA/QC) program.  A quality control gold standard of known value was randomly inserted every 25 samples along with a blank (zero grade material) and a duplicate sample.  The results of the assaying of the QA/QC material included in each batch are tracked to ensure the integrity of the assay data.  Samples were transported to a secure storage facility in Hope B.C. and shipped to Activation Labs in Kamloops, B.C. an accredited mineral analysis laboratory for preparation and analysis utilizing both fire assay and metallic screen methods.

Mr. R. Bob Singh, P.Geo, Exploration Manager, is the qualified person responsible for the technical content of this news release.

About New Carolin Gold Corp.

New Carolin Gold Corp. is a Canadian-based brownfields development company focused on the exploration, evaluation and development of our 100% owned property, consisting of 144 square kilometers of contiguous mineral claims and crown grants collectively known as the Ladner Gold Project. The Company is currently executing exploration programs on the property which is located 2 hours by freeway from Vancouver near Hope, British Columbia, in the prospective and under-explored Coquihalla Gold Belt.  The Company has an existing mine permit, water licenses and tailings facility in place, as well as 10.5 kilometers of underground tunnels for exploration access. The Ladner Gold Project is host to several historic gold producers, including the Carolin Mine, Emancipation Mine, Arum Mine, Ward Mine, and Pipestem Mine, in addition to numerous artisan workings and gold prospects that typically exploit high grade visible gold mineralization.

For additional information, please visit the Company’s website at www.newcarolingold.com.

 ON BEHALF OF THE BOARD OF DIRECTORS

“Robert L. Thast”

President & Chief Executive Officer

Phone:  604.542.9458

Cell:      604.220.5031

E-mail:  ceo@newcarolingold.com

Web site:  www.newcarolingold.com

 This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

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 the accuracy of this press release. 

Caution concerning forward-looking information

This news release may contain forward-looking statements that are based on the Company’s expectations, estimates and projections regarding its business and the economic environment in which it operates.  These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict.  Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements.  Statements speak only as of the date on which they are made, and the Company undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances, unless otherwise required to do so by law.

November 15, 2016: New Carolin Gold Closes First Tranche Of Flow-Through Financing And Announces $500,000 Non-Flow Through Placement

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

November 15 2016 — New Carolin Gold Corp. (the “Company” or “New Carolin”) (TSXV: LAD / OTCBB: LADFF) is pleased to announce that it has closed on $530,000 of the $1,100,000 flow-through financing (the “FT Offering”) announced November 4, 2016, issuing 6,625,000 flow-through common shares (the “FT Shares”) in the capital stock of the Company at a price of $0.08 per FT Share. The Company expects to close the second tranche of up to $570,000 within the next few weeks.

Each FT Share will be designated as a flow-through share pursuant to the Income Tax Act (Canada).  The proceeds from the FT Offering will be used to fund qualified Canadian Exploration Expenditures (CEE) work on the Company’s Ladner Gold Project in southwestern British Columbia.  All securities issued in connection with the FT Offering are subject to a statutory hold period of four months plus one day from the date of issuance in accordance with applicable securities legislation.

The Company is also announcing working capital financing of up to $500,000 by way of the private placement of up to 7,142,857 non-flow through units (“NFT Units”) in the capital stock of the Company at a price of $0.07 per NFT Unit (the “NFT Offering”).  Each NFT Unit will consist of one non-flow through common share of the Company and one warrant to purchase one additional non-flow through common share at a price of $0.10 per share for a period of two years from the date of closing.

Proceeds from the NFT Offering will be used for working capital required for the upcoming Phase 2 underground work program and general corporate purposes.  Finder’s fees may be paid on portions of the NFT Offering in accordance with TSX Venture Exchange regulations.  All securities issued in connection with the NFT Offering are subject to a statutory hold period of four months plus one day from the date of issuance in accordance with applicable securities legislation.

About New Carolin Gold

New Carolin Gold Corp. is a Canadian-based brownfields development company focused on the exploration, evaluation and development of our 100% owned property, consisting of 144 square kilometers of contiguous mineral claims and crown grants collectively known as the Ladner Gold Project. The Company is currently executing exploration programs on the property which is located 2 hours by freeway from Vancouver near Hope, British Columbia, in the prospective and under-explored Coquihalla Gold Belt.  The Company has an existing mine permit, water licenses and tailings facility in place, as well as 10.5 kilometers of underground tunnels for exploration access. The Ladner Gold Project is host to several historic gold producers, including the Carolin Mine, Emancipation Mine, Arum Mine, Ward Mine, and Pipestem Mine, in addition to numerous artisan workings and gold prospects that typically exploit high grade visible gold mineralization.

For additional information, please visit the Company’s website at www.newcarolingold.com.

ON BEHALF OF THE BOARD OF DIRECTORS

“Robert L. Thast”

President & Chief Executive Officer

Phone:  604.542.9458

Cell:      604.220.5031

E-mail:  ceo@newcarolingold.com

Web site:  www.newcarolingold.com

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

Caution concerning forward-looking information

This news release may contain forward-looking statements that are based on the Company’s expectations, estimates and projections regarding its business and the economic environment in which it operates.  These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict.  Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements.  Statements speak only as of the date on which they are made, and the Company undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances, unless otherwise required to do so by law.

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 the accuracy of this press release.

November 4, 2016: New Carolin Gold Arranges Financing For Phase 2 Work Program

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

November 4, 2016 — New Carolin Gold Corp. (the “Company” or “New Carolin”) (TSXV: LAD / OTCBB: LADFF) is pleased to announce that it has arranged financing for proceeds of up to $1,100,000 (the “Offering”) by way of the private placement of up to 13,750,000 flow-through common shares (the “FT Shares”) in the capital stock of the Company at a price of $0.08 per FT Share.  Each FT Share will be designated as a flow-through share pursuant to the Income Tax Act (Canada).  Note that there is no Warrant attached to this financing.

The proceeds from this offering will be used to fund qualified Canadian Exploration Expenditures (CEE) work on the Company’s Ladner Gold Project in southwestern British Columbia. The Company recently completed a Phase 1 exploration program and is now preparing for Phase 2, which will focus on an underground exploration and drilling program expected to commence before yearend. Assays from the Phase 1 drill program will be released along with details of the Phase 2 work program in the coming weeks.

Closing of a minimum $500,000 first tranche is expected to occur on or about November 8, 2016, with completion of the balance of the Offering to occur in a second tranche near the end of November, subject to the receipt of all necessary corporate and regulatory approvals, including that of the TSX Venture Exchange.  Finder’s fees may be paid on portions of the Offering in accordance with TSX Venture Exchange regulations.  All securities issued in connection with the Offering will be subject to a statutory hold period of four months plus one day from the date of issuance in accordance with applicable securities legislation.

Mr. R. Bob Singh, P.Geo, Exploration Manager, is the qualified person responsible for the technical content of this news release.

About New Carolin Gold

New Carolin Gold Corp. is a Canadian-based brownfields development company focused on the exploration, evaluation and development of our 100% owned property consisting of 144 square kilometers of contiguous mineral claims and crown grants collectively known as the Ladner Gold Project. The Company is currently executing exploration programs on the property which is located 2 hours by freeway from Vancouver near Hope, British Columbia, in the prospective and under-explored Coquihalla Gold Belt.  The Company has an existing mine permit, water licenses and tailings facility in place, as well as 10.5 kilometers of underground tunnels for exploration access. The Company’s Ladner Gold Project is host to several historic gold producers, including the Carolin Mine, Emancipation Mine, Arum Mine, Ward Mine, and Pipestem Mine, in addition to numerous artisan workings and gold prospects that typically exploit high grade visible gold mineralization.

For additional information, please visit the Company’s website at www.newcarolingold.com.

ON BEHALF OF THE BOARD OF DIRECTORS

“Robert L. Thast”

President & Chief Executive Officer

Phone:  604.542.9458

Cell:      604.220.5031

E-mail:  ceo@newcarolingold.com

Web site:  www.newcarolingold.com

Caution concerning forward-looking information

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

September 29, 2016: New Carolin Completes Phase I Mapping And Sampling At Carolin- Outlines Gold Targets Along a 6 kilometre Corridor

September 29, 2016 — New Carolin Gold Corp. (the “Company” or “New Carolin”) (TSXV: LAD) (OTCBB LADFF) – is pleased to announce that it has completed a Phase I surface mapping and sampling program. The results of the program outline a consistently mineralized geological environment extending for at least 6 kilometres, including the Carolin mine which is one of several strongly gold-mineralized targets.

Highlights of this work program include:

  • Channel sample results up to 4.08 g/t Au over 9.0 m including 7.45 g/t Au over 4.5 m at the McMaster Zone and 1.69 g/t over 4.5 m including 2.46 g/t Au over 1.5 m at the Pipestem Mine Zone.
  • Structural and geological continuity across at least 6 kilometres of the mapped area. Gold mineralization is associated with shallow northwest plunging folds within coarse grained sediments (siltstone, sandstone and wacke).
  • Gold mineralization is located proximal to a regional scale serpentinite sequence which extends for the entire length of the property (27+ kilometres);

The mapping program was initiated to follow-up on historical work programs which identified structures, folding and gold mineralization in several areas across the property.  While historical work did not provide a geological link between the zones, the new mapping program indicates a clear relationship between the various zones and will provide targets for future drill programs.

In total, New Carolin has identified numerous areas where gold mineralization of greater than 1 g/t is present over more than a metre in drill core or trench assays.  A summary of significant new and historical results matching these criteria are presented below in Table 1.

 

Area Result Type Gold Value (g/t) Interval Historic Mining Best reported assay (g/t) Collected by
Underground Carolin Channel Sample 4.501 25.5m yes 10.2 New Carolin
Underground Carolin Drill hole 10.852 21.4m yes 57.282 g/t Historic
McMaster channel 7.45 4.5M No 14.2 New Carolin
Pipestem channel 2.46 1.5m Yes 2.46 New Carolin
Pipestem Drill hole 34.463 2.1m Yes 37.753 Historic

Table 1: Highlighted gold results from various targets across 6 kilometres of the property

1 Metallic screen assay from 2016 exploration.

2 Historical Drilling – results were included in the current 43-101 compliant resource but have not been verified by New Carolin Gold

3  Historical drilling – result have not been verified by New Carolin Gold

Drill Program Update:

To date 7 holes have been completed and sent to the Laboratory for analysis.  All results for these holes are pending.  The company plans to complete an additional three holes during this phase of drilling.  Once all results are received, reported and compiled the company will make preparations for a Phase II drill program.

Underground Sampling Update:  

The underground mapping and sampling program is currently halted to allow field crews to focus on the drill program.  Once drilling is completed crews will resume mapping and sampling of underground areas.

All samples collected from the drill program will be analyzed by both Fire Assay and Metallic Screen procedures.   Recent re-analysis of underground channel samples showed up to +27% difference between the Fire Assay and Metallic screen results suggesting the presence of a coarse gold component which was not analyzed for in historical work programs (see news release dated Aug 17, 2016 at the company’s website).

“With phase 1 surface sampling and mapping completed, we have a much better understanding of the geological and structural controls associated with gold mineralization. Surface samples taken between the Carolin and Pipestem Mines (the 6 km strike length) confirm our initial interpretation of the potential for multiple horizons which will continue to be the focus of future exploration. In respect to 10-hole surface drill program currently underway at the Idaho Zone (which hosts the Carolin Mine), we look forward receiving and announcing assays over the coming months,” stated Robert Thast, CEO.

picture1

Mr. R. Bob Singh, P.Geo, Exploration Manager, is the qualified person responsible for the technical content of this news release.

About New Carolin Gold Corp. 

New Carolin Gold is a Canadian-based brown fields development company focused on the exploration, evaluation and development of our 100% owned property consisting of 144 square kilometres of contiguous mineral claims and crown grants, collectively known as the “Ladner Gold Project” (Project). The Project and property are located 2 hours from Vancouver near Hope, British Columbia in the prospective and under-explored Coquihalla Gold Belt.  The property hosts several historic gold producers including the Carolin Mine, Emancipation Mine, Arum Mine, Ward Mine, and Pipestem Mine, in addition to numerous artisan workings and gold prospects that typically exploit high grade visible gold mineralization.

For additional information, please visit the Company’s website at www.newcarolingold.com.

ON BEHALF OF THE BOARD OF DIRECTORS

“Robert L. Thast”

President & Chief Executive Officer

Phone:  604.542.9458

Cell:  604.220.5031

E-mail:  ceo@newcarolingold.com

Web site:  www.newcarolingold.com 

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

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 the accuracy of this press release. 

Caution concerning forward-looking information

This news release may contain forward-looking statements that are based on the Company’s expectations, estimates and projections regarding its business and the economic environment in which it operates.  These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict.  Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements.  Statements speak only as of the date on which they are made, and the Company undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances, unless otherwise required to do so by law.

August 23, 2016: New Carolin Begins Drill Program At Carolin Mine

August 23, 2016 — New Carolin Gold Corp. (the “Company” or “New Carolin”) (TSXV: LAD – OTCBB LADFF) is pleased to announce that drilling has begun on the Carolin Mine Zone.  The Phase 1 program will consist of approximately 2000 metres of diamond drilling in 10 holes drilled from surface into the Carolin Mine Zone.  Phase 2 will follow after receipt of Phase 1 drill results.

The Phase 1 drill program will test predicted extensions to known mineralized zones, which are indicated by the Company’s updated geological model.  The model includes several high priority drill targets which are now being tested, and was developed through a detailed review of historical data plus underground mapping, sampling and property wide geological mapping recently completed by the Company.  New geological data confirms the presence of a large scale fold system on the property, with gold mineralization enriched at the intersection of faults and fold hinges, within a large quartz-carbonate alteration envelope.  Thus far, the 2016 mapping and sampling program has traced the mineralization and alteration along a trend of approximately 6,000 metres, which remains open to extension.  Sample results from 106 surface and underground channel samples and 292 surface samples are in process at the lab.

All of the samples collected from the drill program will be analyzed by both Fire Assay and Metallic Screen procedures. Recent re-analysis of underground channel samples showed up to 27% difference between the Fire Assay and Metallic screen results, suggesting the presence of a coarse gold component which was not analyzed for in historical work programs (see news release dated Aug 17, 2016 at the Company’s website).

“The recent geological mapping, metallic screen assaying and re-interpretation of historical data show that significant upside remains on this property and this drill program is just the beginning of a strategy to enhance and expand the resource beyond its current limits,” stated Robert Thast, CEO of New Carolin.

Mr. R. Bob Singh, P.Geo, Exploration Manager, is the qualified person responsible for the technical content of this news release.

About New Carolin Gold Corp.

New Carolin Gold is a Canadian-based brown fields development company focused on the exploration, evaluation and development of our 100% owned property consisting of 144 square kilometers of contiguous mineral claims and crown grants, collectively known as the “Ladner Gold Project” (Project). The Project and property are located 2 hours from Vancouver near Hope, British Columbia in the prospective and under-explored Coquihalla Gold Belt.  The property hosts several historic gold producers including the Carolin Mine, Emancipation Mine, Arum Mine, Ward Mine, and Pipestem Mine, in addition to numerous artisan workings and gold prospects that typically exploit high grade visible gold mineralization.

For additional information, please visit the Company’s website at www.newcarolingold.com.

ON BEHALF OF THE BOARD OF DIRECTORS

“Robert L. Thast”

President & Chief Executive Officer

Phone: 604.542.9458

Cell: 604.220.5031

E-mail: ceo@newcarolingold.com

Web site: www.newcarolingold.com 

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 the accuracy of this press release. 

Caution concerning forward-looking information

This news release may contain forward-looking statements that are based on the Company’s expectations, estimates and projections regarding its business and the economic environment in which it operates.  These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict.  Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements.  Statements speak only as of the date on which they are made, and the Company undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances, unless otherwise required to do so by law.

August 16, 2016: New Carolin Samples 25.50 Metres of 4.50 Grams Per Tonne Gold Underground at Carolin Mine

August 17, 2016 — New Carolin Gold Corp. (the “Company” or “New Carolin”) (TSXV: LAD and OTCBB: LADFF) The Company is pleased to report initial results from the underground channel sampling program at the Carolin Mine.  108 samples were collected from various parts of the underground workings, with the sole purpose of establishing geological controls to the gold mineralization. Results have now been returned for 22 of these samples.

Substantially increased gold grades have been observed for mineralized zones using metallic screen analysis versus fire assays.  Higher grade intervals show differences of up to 27%, suggesting the presence of a coarse gold component which was not reported or analyzed for in historical drilling.  The recent inferred NI 43-101 compliant resource completed on May 29, 2015 is based upon results obtained by fire assay data and may require significant revisions to account for the coarse gold content. The Resource was reported as 607,000 oz grading 1.5 g/t with a 0.5 g/t cutoff from 12,352,000 tonnes of rock. We note the Carolin Mine processed 85,000 oz of gold between 1982 and 1984 at an average grade of 4.5 g/t, with a 2.5 g/t cutoff.

The Company will continue to analyze samples with both metallic screen and fire assay procedures to develop a statistical model which should help guide future resource modelling efforts.

The 108 samples were collected along 1.5 metre chip – channel samples.  Results reported are from Channel “A”, a 31.5 metre continuous sample along a known mineralized zone at the 900 level.  Samples were analyzed for gold and trace elements.  Gold analysis consisted of two parts, an initial fire assay followed by metallic screen analysis.  Metallic screening is a common method used to more accurately determine gold values in rocks where coarse gold is suspected. Results from Channel A analysis are shown in the table below.

Channel A From To Width*

(m)

Au (g/t)** Au (g/t)*** Percent Difference

From Metallic Screen (+)

Fire Assay Metallic
Total 0.00 31.50 31.50 3.49 3.82 9%
including 4.50 30.00 25.50 4.10 4.50 9%
and including 10.50 28.50 18.00 4.71 5.22 10%
and including 16.50 24.00 7.50 5.28 6.33 17%
and including 22.50 24.00 1.50 7.45 10.20 27%

* width does not represent true width of the mineralized zone- samples were collected along the walls of the underground workings.  True width has not been determined.

** 50 g Fire Assay / AA finish.

*** Fire assay – Metallic Screen.  1000g of pulverized sample is sieved at 100 mesh with assay performed on the entire +1—mesh fraction and two splits of the -100mesh fraction.  The final assay is calculated based on the weight of each fraction.

The Company also reports that it engaged Clixmox Solutions Inc. to undertake a comprehensive underground survey in July, which was completed utilizing a drone and hand held laser devices. A detailed survey had never been conducted underground and the control points have since been incorporated into the Company’s developing 3D Geological Model. Undertaking this survey was one of the key recommendations made in the current 43-101 resource report.

“The increase in grade we are seeing from the metallic screen results is very encouraging.  All of the historical work on the project, including resource estimations, was based on gold results obtained using Fire Assay procedures alone.  Going forward we will analyze samples including drill core using Metallic Screen and Fire Assay procedures to establish a dataset for comparison”, stated Robert Thast, CEO of New Carolin Gold.

All technical information for the Carolin Mine Project is obtained and reported under a formal quality assurance and quality control (QA/QC) program.  Underground channel samples were collected along 1.5m long hand or saw cut (battery powered saw) channels at a consistent height along the wall of the drift. Where possible, channels were oriented to cross mineralized zones at right angles to best represent true width.  Hand tools and saw blades were cleaned between each sample.  A quality control gold standard of known value was randomly inserted every 25 samples along with a blank (zero grade material) and a duplicate sample.  The results of the assaying of the QA/QC material included in each batch are tracked to ensure the integrity of the assay data.  Samples were transported to a secure storage facility in Hope B.C. and shipped to Activation Labs in Kamloops, B.C. an accredited mineral analysis laboratory for preparation and analysis utilizing both fire assay and metallic screen methods.

Mr. R. Bob Singh, P.Geo, Exploration Manager, is the qualified person responsible for the technical content of this news release.

About New Carolin Gold Corp. 

New Carolin Gold is a Canadian-based brown fields development company focused on the exploration, evaluation and development of our 100% owned property consisting of 144 square kilometers of contiguous mineral claims and crown grants, collectively known as the “Ladner Gold Project” (Project). The Project and property are located 2 hours from Vancouver near Hope, British Columbia in the prospective and under-explored Coquihalla Gold Belt.  The property hosts several historic gold producers including the Carolin Mine, Emancipation Mine, Arum Mine, Ward Mine, and Pipestem Mine, in addition to numerous artisan workings and gold prospects that typically exploit high grade visible gold mineralization.

For additional information, please visit the Company’s website at www.newcarolingold.com.

ON BEHALF OF THE BOARD OF DIRECTORS

“Robert L. Thast”

President & Chief Executive Officer

Phone: 604.542.9458

Cell: 604.220.5031

E-mail: ceo@newcarolingold.com

Web site: www.newcarolingold.com

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

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 the accuracy of this press release. 

Caution concerning forward-looking information

This news release may contain forward-looking statements that are based on the Company’s expectations, estimates and projections regarding its business and the economic environment in which it operates.  These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict.  Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements.  Statements speak only as of the date on which they are made, and the Company undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances, unless otherwise required to do so by law.

June 15, 2016: New Carolin Announces New Advisory Board

June 15, 2016 — New Carolin Gold Corp. (the “Company” or “New Carolin”) (TSXV: LAD and OTCBB: LADFF)  is pleased to announce the formation of a new advisory board and formally welcomes the following individuals, who have joined our team to support management in advancing the Ladner Gold Project.

Ray Mullaney, M.SW. – Institutional Advisor

Ray Mullaney is best known as the founder and driving force behind Boston Mining www.BostonMining.com, a company that has assisted numerous VSE and TSX.V companies over the past  30 years with research coverage, financial consulting and institutional visibility in the US and elsewhere. Ray was a board member of 8 publicly listed mining companies during this time. Ray is an accomplished analyst and writer who has been published in various newspapers including the NY Times. He is also a regular speaker with numerous TV and radio show credits over the years. More details on Ray can be found at: ray@raymullaney.com.

Ed Beswick B.Sc. P. Eng – Environmental Manager and Consultant

Ed Beswick is a registered professional mining engineer whose experience includes management of field operations and exploration projects and developing and leading environmental and safety programs for mining projects. Ed was the former north central BC Regional Ministry of Mines Manager based in Prince George and former Inspector of Mines and Resident Engineer in southern British Columbia for the MEM. Most recently Ed was Director of Environment and Permitting for Hillsborough Resources Limited in Vancouver and worked with Hard Creek Nickel Corporation managing environmental, safety and First Nations programs. Ed continues as an advisor for several coal, base metal and precious metal exploration companies with operations in Canada. He was a founding director of the British Columbia Aboriginal Mine Training Association and is a former district Vice President of the Canadian Institute of Mining and Metallurgy.

Bruce Letvak, B.Sc., M.Sc. P. Eng – Hydrology Consultant

Bruce Letvak is a licensed professional engineer with over 35 years of experience in resource management centered on water quantity (hydrology).  This included monitoring program planning and management, operations standards, hydrology studies, and major project reviews.  Reviews of proposed major mine developments covered all aspects connected with water quantity, water supply, operations water budgeting, discharge of surplus water, tailings impoundment water management, environmental considerations, etc.  His work included liaison with all levels of government and the private sector.

Doug Warkentin, B.Sc., P. Eng – Metallurgical and Process Development Consultant 

Doug Warkentin is a Metallurgist with over 25 years of experience in the mining industry. He graduated from UBC with a degree in Mining and Mineral Process Engineering, and has been a member of the Association of Professional Engineers and Geoscientists of BC since 1992. He is an author of numerous technical papers and has patents for mine water treatment and process technologies. He has been a principal in several companies providing process development services and environmental technologies to the mining industry. He is currently Senior Metallurgist for Kemetco Research Inc. in Vancouver (formerly BC Research Inc.) and a former director of Duncastle Gold Corp.

Graham Eacott, B.Sc., M.Sc., Consultant

Graham Eacott is the past chairman of New Carolin Gold Corp. and a former director of the Company since 2007. Graham brings a perspective to the Company that has been built on a solid foundation of over 40 years of diversified international experience in the mining and financial industries. This includes company management and business development, private placement financings, financial analysis, investor relations, corporate governance and compliance, and consulting engineering. Prior to retiring in 2007, Mr. Eacott was Vice President of Investor Relations for Century Mining Corporation, Tamerlane Ventures Inc., and Royal Oak Mines Inc. Mr. Eacott spent four years in the investment industry as a highly ranked base metals analyst with Scotia Capital, Merrill Lynch and Maisson Placements in Toronto and is a graduate of the Canadian Securities Course.

Drago Adam – Media and Marketing Consultant

After a professional hockey career with the New York Rangers, Drago Adam founded his own marketing company, The Adam Ad Group, www.AdamAdGroup.com. Over the past 20 years Drago has been involved in all aspects of The Adam Ad Group’s clients marketing plans, which include, planning, media buying, creative, video and web production, search engine optimization and marketing, and Google pay per click campaigns. Drago has also created an online newsletter called The Monday Morning Motivator which has a growing base of over 148,000 subscribers. To view newsletter archive visit http://adamadgroup.com/newsletter-archive/.

The Company also announces that subject to the approval of the TSX Venture Exchange, the Company is granting a total of 1,200,000 stock options to certain of its advisors and consultants, and 500,000 of which will be granted to a new director of the Company.  The options are exercisable into common shares at a price of $0.11 per share. New Carolin Gold’s common shares closed at $0.11 on the TSX Venture Exchange on June 14, 2016.

About New Carolin Gold Corp. 

New Carolin Gold is a Canadian-based brown fields development company focused on the exploration, evaluation and development of our 100% owned property consisting of 144 square kilometers of contiguous mineral claims and crown grants, collectively known as the “Ladner Gold Project” (Project). The Project and property are located 2 hours from Vancouver near Hope, British Columbia in the prospective and under-explored Coquihalla Gold Belt.  The property hosts several historic gold producers including the Carolin Mine, Emancipation Mine, Arum Mine, Ward Mine, and Pipestem Mine, in addition to numerous artisan workings and gold prospects that typically exploit high grade visible gold mineralization.

For additional information, please visit the Company’s website at www.newcarolingold.com.

ON BEHALF OF THE BOARD OF DIRECTORS

“Robert L. Thast”

President & Chief Executive Officer

Phone: 604.542.9458

Cell:     604.220.5031

E-mail:              ceo@newcarolingold.com

Web site:  www.newcarolingold.com

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 the accuracy of this press release. 

Caution concerning forward-looking information

This news release may contain forward-looking statements that are based on the Company’s expectations, estimates and projections regarding its business and the economic environment in which it operates.  These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict.  Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements.  Statements speak only as of the date on which they are made, and the Company undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances, unless otherwise required to do so by law.

June 6, 2016: Exploration Underway at the Ladner Gold Project

June 6, 2016 — New Carolin Gold Corp. (the “Company” or “New Carolin”) (TSXV: LAD) OTCBB: LADFF: The Company is pleased to announce that the first stage of its 2016 exploration program at the Ladner Gold Project is underway.  Key points are:

  • Use of ultra-high precision drone-based laser surveying of underground workings across more than 10 km of mine workings on four levels
  • Geological mapping including detailed geochemical assaying of mineralized zones and definition of ore controlling structures
  • Definition of drill targets for upcoming 2016 drill program

Underground surveying commenced June 1 and is being carried out by Ontario based Clickmox Solutions.  Completed survey data are anticipated by June 15, 2016 after which the company will commence underground mapping and sampling.  Drilling will commence after receipt of assay results and updating of the 3D models.

“We are back underway with a capable exploration team on the ground at Carolin and look forward to executing scheduled exploration programs”, said Bob Thast, New Carolin Gold CEO. “The last exploration program underground at the Carolin was a drill program completed between 1994 -1996 by Athabaska Minerals who planned to take the mine back in production, but falling gold prices prevented them from executing the plan. The Company commissioned a 3D geological model in late 2014 utilizing all available data from the combined $3.5M Athabaska drill program and historical drill data that led to the development of the Carolin Mine. With the collective historical drill data and critical new data from underground surveys, mapping and sampling, the Company will be able to complete the 3D geological models, which will not only assist in constraining the existing Carolin resource, but serve as an effective guide for the upcoming drill program and for future exploration programs”.

Mr. R. Bob Singh, P.Geo, Exploration Manager, is the qualified person responsible for the technical content of this news release.

About New Carolin Gold Corp. 

New Carolin Gold is a Canadian-based brown fields development company focused on the exploration, evaluation and development of our 100% owned property consisting of 144 square kilometers of contiguous mineral claims and crown grants, collectively known as the “Ladner Gold Project” (Project). The Project and property are located 2 hours from Vancouver near Hope, British Columbia in the prospective and under-explored Coquihalla Gold Belt.  The property hosts several historic gold producers including the Carolin Mine, Emancipation Mine, Arum Mine, Ward Mine, and Pipestem Mine, in addition to numerous artisan workings and gold prospects that typically exploit high grade visible gold mineralization.

For additional information, please visit the Company’s website at www.newcarolingold.com.

ON BEHALF OF THE BOARD OF DIRECTORS

“Robert L. Thast”

President & Chief Executive Officer

Phone: 604.542.9458

Cell:     604.220.5031

E-mail:              ceo@newcarolingold.com

Web site:  www.newcarolingold.com

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

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 the accuracy of this press release. 

Caution concerning forward-looking information

This news release may contain forward-looking statements that are based on the Company’s expectations, estimates and projections regarding its business and the economic environment in which it operates.  These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict.  Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements.  Statements speak only as of the date on which they are made, and the Company undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances, unless otherwise required to do so by law.

May 30, 2016: New Carolin Announces Addition to Board of Directors

May 30, 2016 — New Carolin Gold Corp. (the “Company” or “New Carolin”) (TSXV: LAD / OTCBB: LADFF).  The Company is pleased to announce the appointment of Mr. Chris Taylor, P.Geo, to the Company’s Board of Directors.

Mr. Taylor is a professional geologist with over 15 years of experience, including tenures with both mid-tier producer and exploration stage mining companies.  Mr. Taylor has a bachelor’s degree in Earth Sciences and a master’s degree in Structural Geology from Carleton University.  Mr. Taylor currently serves as a director of a number of publicly traded companies, and is a director, President and CEO of Great Bear Resources Ltd. and Dunnedin Ventures Corp.  Mr. Taylor is a published author on gold deposits and his work as a structural geologist has focused on resource expansion in near-term development and brown field stage mining projects.

Mr. Taylor will assist the Company with technical oversight of upcoming work at the Carolin mine, and with corporate development activities.

About New Carolin Gold Corp.

New Carolin Gold is a Canadian-based junior company focused on the exploration, evaluation and development of our 100% owned property consisting of 144 square kilometers of contiguous mineral claims and crown grants, collectively known as the “Ladner Gold Project” (Project).  The Project is located near Hope, BC in the prospective and under-explored Coquihalla Gold Belt, which is host to several historic small gold producers including the Carolin Mine, Emancipation Mine and Pipestem Mine, and numerous gold prospects.

For additional information, please visit the Company’s website at www.newcarolingold.com.

ON BEHALF OF THE BOARD OF DIRECTORS

“Robert L. Thast”

President & Chief Executive Officer

Phone:  604.542.9458

Cell:      604.220.5031

E-mail:  ceo@newcarolingold.com

Web site:  www.newcarolingold.com

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

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 the accuracy of this press release. 

Caution concerning forward-looking information

This news release may contain forward-looking statements that are based on the Company’s expectations, estimates and projections regarding its business and the economic environment in which it operates.  These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict.  Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements.  Statements speak only as of the date on which they are made, and the Company undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances, unless otherwise required to do so by law.

May 19, 2016: New Carolin Completes Private Placement

May 19, 2016 — New Carolin Gold Corp. (the “Company” or “New Carolin”) (TSXV: LAD): Further to its news release on April 14, 2016, the Company is pleased to announce that it has completed its two concurrent non-brokered private placements of units totalling 14,690,000 units in the capital of the Company for gross proceeds of $1,028,300.

The first (Unit A) placement consists of 3,750,000 units at a price of $0.07 per Unit A for proceeds of $262,500. Each Unit A consists of one common share and one common share purchase warrant entitling the holder to purchase one additional common share at a price of $0.09 per share for a period of two years from closing.

The second (Unit B) placement consists of 10,940,000 units at a price of $0.07 per Unit B for proceeds of $765,800. Each Unit B consists of one common share and one two-year common share purchase warrant entitling the holder to purchase one additional common share at a price of $0.10 per share in the first year and $0.12.5 cents per share in the second year.

The Company paid aggregate finder’s fees of $30,504 to qualified finders on a portion of the placement. A director of the Company participated in the Unit B offering, purchasing 100,000 B Units.

All securities issued under this private placement will be subject to a four-month plus one day hold period from their date of issuance. The proceeds from the offering will be used for exploration on the Company’s Ladner Gold project and for general working capital and corporate purposes.

About New Carolin Gold Corp.

New Carolin Gold is a Canadian-based junior company focused on the exploration, evaluation and development of our strategic 144 square kilometers of contiguous mineral claims, collectively known as the Ladner Gold Project. The project is located near Hope, BC, in the prospective and under-explored Coquihalla Gold Belt, which is host to several historic small gold producers including the Carolin Mine, Emancipation Mine, Pipestem Mine and numerous gold prospects.

For additional information, please visit the Company’s website at www.newcarolingold.com.

ON BEHALF OF THE BOARD OF DIRECTORS

“Robert L. Thast”

President & Chief Executive Officer

Phone:            604.220.5031

E-mail: ceo@newcarolingold.com

Web site: www.newcarolingold.com

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available. 

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 the accuracy of this press release.

 Caution concerning forward-looking information

This news release may contain forward-looking statements that are based on the Company’s expectations, estimates and projections regarding its business and the economic environment in which it operates. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements. Statements speak only as of the date on which they are made, and the Company undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances, unless otherwise required to do so by law.

May 6, 2016: New Carolin Engages Mr. Ron Cooper for Capital Markets Support

Vancouver British Columbia: May 6 2016 — New Carolin Gold Corp. (the “Company” or “New Carolin”) (TSXV: LAD / OTC PK: LADFF) The Company is pleased to announce that it has entered into an agreement with Mr. Ron Cooper, to assist the Company with its capital market plans.

Mr. Cooper graduated from the University of Memphis with a B.Sc. in finance in 1980. After working for several years at a Vancouver brokerage firm as a compliance officer, Ron has spent the past 28 years as a marketing consultant to private and public companies. Over this time he has arranged financing and provided marketing services to over 80 companies, several of which have become major corporations.

The contract fee is $6300 per month for an initial 6-month term, and upon mutual consent will continue on a month to month basis thereafter.

Robert Thast, New Carolin CEO commented: “The Company is fortunate to have Ron join our team to help increase exposure through his many contacts within the financial community in North America. Ron has helped numerous junior resource companies to mature over the years and we look forward to working with him”.

The agreement includes a contract fee of $6,300 per month for an initial 6-month term, which upon mutual consent will continue on a month-to-month basis thereafter. Additionally, he has been granted 500,000 incentive stock options priced at $0.085, vesting as to 25% per quarter for a period of one year.

About New Carolin Gold Corp.

New Carolin Gold is a Canadian-based junior company focused on the exploration, evaluation and development of our 100% owned property consisting of 144 square kilometers of contiguous mineral claims and crown grants, collectively known as the “Ladner Gold Project” (Project). The Project is located near Hope, BC in the prospective and under-explored Coquihalla Gold Belt, which is host to several historic small gold producers including the Carolin Mine, Emancipation Mine and Pipestem Mine, and numerous gold prospects.

For additional information, please visit the Company’s website at www.newcarolingold.com or call toll-free 1-855-891-9185.

ON BEHALF OF THE BOARD OF DIRECTORS

“Robert L. Thast”

President & Chief Executive Officer

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 the accuracy of this press release.

Caution concerning forward-looking information

This news release may contain forward-looking statements that are based on the Company’s expectations, estimates and projections regarding its business and the economic environment in which it operates. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements. Statements speak only as of the date on which they are made, and the Company undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances, unless otherwise required to do so by law.

May 3, 2016: New Carolin/ Crucible Resources Correction

May 3, 2016 — New Carolin Gold Corp. (the “Company” or “New Carolin”) (TSXV: LAD). Further to its new release March 22, 2016 regarding the option agreement with Crucible Resources Ltd (Crucible), the Company provides the following clarification.

The property option agreement entered into with Crucible consists of a total of twenty (20) claims covering an area of 30 sq km. These claims are situated in the southern portion of the Ladner Gold Project, below the Coquihalla Hwy. Three (3) of the new Crucible claims adjoin a prospective new gold zone which has been traced to a length of approx. 1 kilometer to date, where a sampling program was carried out in the 1980’s. Reported soil samples from this historic work program were between 20 and 1000 ppb, with one sample of 5900 ppb (close to 6 g/t) and wide areas with numerous samples were reported between 100-1000 ppb. The assay of 5900 ppb and other sporadic higher grade samples reported are unusual in soils and we note this may indicate placer-type gold particles in the soil cover.

Correction: Reported soil samples from this historic program were initially stated in “ppm” instead of “ppb” in the March 22, 2016 news release and were typographically errors. Note that there is no change in the net result in respect of the value given in g/t in the March 22, 2016 news release.

Gold values stated are based on historical reports and have not been verified by the Company. The Company intends to engage Crucible to carry out a new sampling program in 2016 to confirm historic sample locations and assay results, and expand the sampling program on the three new claims with the expectation of extending the gold zone and locating the source. Very little exploration work has been carried out on the lower 72 square kilometer section of the Project to date, which includes the former high grade Emancipation Mine and one of the Company’s other prospective gold zones. The designated area with elevated gold values spread consistently over a wide area is of immediate interest and will be the focus of further exploration on the lower claim block. Further details will be provided in this regard when exploration plans are finalized.

About New Carolin Gold Corp.

New Carolin Gold is a Canadian-based junior company focused on the exploration, evaluation and development of a strategic 144 square kilometer contiguous mineral claim property, collectively known as the Ladner Gold Project. The 100% controlled property is located near Hope, BC, in the prospective and under-explored Coquihalla Gold Belt, which is host to several historic small gold producers including the Carolin Mine, Aurum Mine, Emancipation Mine, Pipestem Mine and numerous high grade gold prospects dating back to 1885.

For additional information, please visit the Company’s website at www.newcarolingold.com.

ON BEHALF OF THE BOARD OF DIRECTORS

“Robert L. Thast”

President & Chief Executive Officer

Phone: 604.542.9458

Cell: 604.220.5031

E-mail: ceo@newcarolingold.com

Web site: www.newcarolingold.com

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available. 

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 the accuracy of this press release.

Caution concerning forward-looking information

This news release may contain forward-looking statements that are based on the Company’s expectations, estimates and projections regarding its business and the economic environment in which it operates. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements. Statements speak only as of the date on which they are made, and the Company undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances, unless otherwise required to do so by law.

April 22, 2016: New Carolin Announces US Ticker Symbol LADFF

April 22, 2016 — New Carolin Gold Corp. (the “Company” or “New Carolin”) (TSXV: LAD / OTC PK: LADFF) Effective immediately, the Company’s shares will trade on the OTC Pink Market in the US under the ticker symbol “LADFF”.

On March 17, 2016 the Company announced that, pursuant to FINRA Rule 6432 and Rule 15c2-11 under the Securities Exchange Act of 1934, Glendale Securities, Inc. (“Glendale”) filed a Form 211 in connection with the Company’s common shares and, as a result, the Financial Industry Regulatory Authority (“FINRA”) cleared Glendale’s request to submit a quote (Bid, Ask) for the Company’s common shares under the symbol “MDULF”. The new symbol is now aligned with the Canadian ticker symbol.

Robert Thast, President, said, “We are pleased to take another step in our capital market plan to increase awareness and exposure with US and international investors”, and will continue to increase awareness for the Company when opportunities arise.”

About New Carolin Gold Corp.

New Carolin Gold is a Canadian-based junior company focused on the exploration, evaluation and development of our 100% owned property consisting of 144 square kilometers of contiguous mineral claims and crown grants, collectively known as the “Ladner Gold Project” (Project). The Project is located near Hope, BC in the prospective and under-explored Coquihalla Gold Belt, which is host to several historic small gold producers including the Carolin Mine, Emancipation Mine and Pipestem Mine, and numerous gold prospects.

For additional information, please visit the Company’s website at www.newcarolingold.com or call toll-free 1-855-891-9185.

ON BEHALF OF THE BOARD OF DIRECTORS

“Robert L. Thast”

President & Chief Executive Officer 

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the Company’s securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

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 the accuracy of this press release.

Caution concerning forward-looking information

This news release may contain forward-looking statements that are based on the Company’s expectations, estimates and projections regarding its business and the economic environment in which it operates. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements. Statements speak only as of the date on which they are made, and the Company undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances, unless otherwise required to do so by law.

April 18, 2016: New Carolin Amends Private Placement Terms

April 18, 2016 — New Carolin Gold Corp. (the “Company” or “New Carolin”) (TSXV: LAD): The Company advises that it has amended the terms of its two non-brokered private placements announced Friday, April 14, 2016 as follows:

  • The first (Unit A) placement will now consist of up to 3,750,000 Units at a price of $0.07 per Unit A for proceeds of up to $262,500. Each Unit A consists of one common share and one two-year common share purchase warrant entitling the holder to purchase one additional common share at a price of $0.09 per share.
  • The second (Unit B) placement will now consist of up to 10,940,000 Units at a price of $0.07 per Unit B for proceeds of up to $765,800. Each Unit B will consist of one common share and one two-year common share purchase warrant entitling the holder to purchase one additional common share at a price of $0.10 per share in the first year and $0.125 per share in the second year.

The proceeds from these placements will be used for exploration-related work on the Company’s 100%-owned Ladner Gold Project in southwestern British Columbia, and for general working capital. All securities issued under both private placements are subject to a four-month plus one day hold period from their date of issuance. The Company will pay finder’s fees to certain parties in connection with these private placements.

About New Carolin Gold Corp.

New Carolin Gold is a Canadian-based junior company focused on the exploration, evaluation and development of our 100% owned property consisting of 144 square kilometers of contiguous mineral claims and crown grants, collectively known as the “Ladner Gold Project” (Project). The Project is located near Hope, BC in the prospective and under-explored Coquihalla Gold Belt, which is host to several historic small gold producers including the Carolin Mine, Emancipation Mine and Pipestem Mine, and numerous gold prospects.

For additional information, please visit the Company’s website at www.newcarolingold.com.

ON BEHALF OF THE BOARD OF DIRECTORS

“Robert L. Thast”

President & Chief Executive Officer

Phone:            604.542.9458

Cell:            604.220.5031

E-mail: ceo@newcarolingold.com

Web site: www.newcarolingold.com

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available. 

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 the accuracy of this press release.

Caution concerning forward-looking information

This news release may contain forward-looking statements that are based on the Company’s expectations, estimates and projections regarding its business and the economic environment in which it operates. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements. Statements speak only as of the date on which they are made, and the Company undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances, unless otherwise required to do so by law.

April 14, 2016: New Carolin Announces Private Placement & Launches New Branding

April 14, 2016 — New Carolin Gold Corp. (the “Company” or “New Carolin”) (TSXV: LAD): The Company is pleased to announce its intention to complete two non-brokered private placements totaling approximately $1,000,000 and the launch of its new corporate branding and website.

Private Placements

The first placement will consist of up to 4,200,000 Units at a price of $0.06 for proceeds of up to $252,000. Each Unit consists of one common share and one two-year common share purchase warrant (“Warrant”) entitling the holder to purchase one additional common share at a price of $0.07 per share in the first year and $0.08 per share in the second year.

The second placement will consist of up to 10,700,000 Units at a price of $0.07 for proceeds up to $749,000. Each of the second Units will consist of one common share and one two-year common share purchase warrant (“Warrant”) entitling the holder to purchase one additional common share at a price of $0.10 per share in the first year and $0.12.5 per share in the second year.

The proceeds from these placements will be used for exploration-related work on the Company’s 100%-owned Ladner Gold Project in southwestern British Columbia, and for general working capital. All securities issued under both private placements are subject to a four-month plus one day hold period from their date of issuance. The Company will pay finder’s fees to certain parties in connection with these private placements.

New Branding and Website

The Company notes its new look and logo on this press release and takes this opportunity to notify shareholders and other visitors that the new website is now fully operational – at the same web address www.newcarolingold.com.

New Company Address

The Company also takes this opportunity to provide notice that its corporate headquarters have been changed to the address noted above.

About New Carolin Gold Corp.

New Carolin Gold is a Canadian-based junior company focused on the exploration, evaluation and development of our 100% owned property consisting of 144 square kilometers of contiguous mineral claims and crown grants, collectively known as the “Ladner Gold Project” (Project). The Project is located near Hope, BC in the prospective and under-explored Coquihalla Gold Belt, which is host to several historic small gold producers including the Carolin Mine, Emancipation Mine and Pipestem Mine, and numerous gold prospects.

For additional information, please visit the Company’s website at www.newcarolingold.com.

ON BEHALF OF THE BOARD OF DIRECTORS

“Robert L. Thast”
President & Chief Executive Officer

Phone:            604.542.9458

Cell:            604.220.5031

E-mail: ceo@newcarolingold.com

Web site: www.newcarolingold.com

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

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 the accuracy of this press release.

Caution concerning forward-looking information

This news release may contain forward-looking statements that are based on the Company’s expectations, estimates and projections regarding its business and the economic environment in which it operates. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements. Statements speak only as of the date on which they are made, and the Company undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances, unless otherwise required to do so by law.

April 13, 2016: New Carolin Closes Acquisition of Remainder of Ladner Gold Project

APRIL 13, 2016, New Carolin Gold Corp. (the “Company” or “New Carolin”) (TSXV: LAD) is pleased to announce that the Company has completed its previously announced transaction with Deloitte Restructuring Inc., in its capacity as court-appointed receiver to the assets of Century Mining Corporation (the “Receiver”) and has therefore acquired 100% of the Ladner Gold Project (the “Project”)(see news releases of the Company dated August 27, 2014, April 17, 2015 and February 3, 2016).

As partial consideration for the transfer of the mining claims and crown grants forming part of the Project, the Company has issued 24,889,509 common shares to the Receiver which are subject to a hold period of 4 months and one day under applicable securities regulations. In connection with the transaction, the Company has also agreed to grant and pay the following to the Receiver:

(i) a 2% net smelter return royalty on the Project, which may be purchased by the Company in whole or in part at any time prior to the first anniversary of the closing of the transaction for an amount of $2.25 million per percentage point; and

(ii)) an amount equal to 35% of the profits earned and received by New Carolin from the sale of gold obtained by New Carolin reprocessing the tailings presently existing on the Project;

After four years of negotiations and agreement revisions, the Company has successfully moved from an initial 10% undivided interest to consolidating 100% of the legal and beneficial ownership of the 144 square kilometer contiguous land package, which includes the Carolin Mine. The Company recently completed a private placement financing in the amount for $1,126,000 and is now turning its attention to work plans, with approximately $750,000 allocated for exploration in 2016. Near term plans include updating a 3D geological model created in the fall of 2014 with detailed geological and structural mapping and surveying of the underground and surface areas (as recommended in the current Technical Report). The preliminary 3D model has provided a more thorough understanding of the Carolin Mine gold mineralization and, with the additional work during this program, will provide clear exploration targets for drilling of new areas as well as within the Resource areas. Recommendations in the current Technical Report indicate that a 3D geological model will assist with grade and geological controls to the resource estimate. The 3D model was not available to assist with guiding estimation in the Company’s latest resource estimate. As a result not all available data were used, as potential grade boundaries were established without key structural and geological controls.

A diamond drill program with specific targets and objectives will follow the first phase of mapping and surveying at the Idaho Zone (which includes the Carolin Mine and former Aurum Mine) and at the McMaster Zone, which is 1.2 km NW of the Carolin Mine along the Hozameen Fault. The Company also plans to undertake exploration work at two of the several additional known mineralized gold zones located on the Ladner Gold Project.

In addition Robert Thast, CEO stated, “Consolidating ownership of this key land package is a major milestone for the Company. Previous management and investors alike have long believed that given its large land area, the Ladner Gold Project has been vastly underexplored and has considerable potential for increasing gold resources and becoming a potential future mining concern. It has been a long wait for loyal and supportive shareholders and financiers, without whom the Company would not likely have survived these past years. The Company also acknowledges the cooperation of the Receiver for agreeing to several revisions during the lengthy acquisition process and more recently for agreeing to amend the closing terms. Doing so made it possible to close this transaction and secure the necessary financing, despite a still cautious investment environment for the junior resource sector”. “A capable technical team has been assembled to execute development objectives and the Company will now do its utmost to advance the Ladner Gold Project, with the objective of increasing shareholder value as developments unfold”.

The technical information in this News Release has been reviewed and approved by R. Bob Singh P.Geo, a qualified person as referenced under NI43-101.

 About New Carolin Gold Corp.

New Carolin Gold is a Canadian-based junior company focused on the exploration, evaluation and development of our strategic 144 square kilometers of contiguous mineral claims, collectively known as the Ladner Gold Project. The project is located the town of Hope in Southwestern British Columbia, in the prospective and under-explored Coquihalla Gold Belt, which is host to several historic small gold producers including the Carolin Mine, Emancipation Mine and Pipestem Mine, as well as numerous gold prospects.

For additional information, please visit the Company’s website at www.newcarolingold.com.

 

 ON BEHALF OF THE BOARD OF DIRECTORS

 

“Robert L. Thast”

 

President & Chief Executive Officer

 

Phone:            604.542.9458

Cell:            604.220.5031

E-mail: ceo@newcarolingold.com

Web site: www.newcarolingold.com

 

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 the accuracy of this press release.

 “This press release contains “forward-looking information” and “forward-looking statements” within the meaning of applicable securities laws. This information and statements address future activities, events, plans, developments and projections. All statements, other than statements of historical fact, constitute forward-looking statements or forward looking information. Such forward-looking information and statements are frequently identified by words such as “may,” “will,” “should,” “anticipate,” “plan,” “expect,” “project,” “believe,” “estimate,” “intend” and similar terminology, and reflect assumptions, estimates, opinions and analysis made by management in light of its experience, current conditions, expectations of future developments and other factors which it believes to be reasonable and relevant. Forward-looking information and statements involve known and unknown risks and uncertainties that may cause actual results, performance and achievements to differ materially from those expressed or implied by the forward-looking information and statements and accordingly, undue reliance should not be placed thereon. Risks and uncertainties that may cause actual results to vary including, but not limited to the availability of financing; fluctuations in commodity prices; changes to and compliance with applicable laws and regulations, including environmental laws and obtaining requisite permits; political, economic and other risks; as well as other risks and uncertainties which are more fully described in our annual and quarterly Management’s Discussion and Analysis and in other filings made by us with Canadian securities regulatory authorities and available at www.sedar.com. The Company disclaims any obligation to update or revise any forward-looking information or statements except as may be required.

March 31, 2016: New Carolin Gold Receives TSX.V Conditional Acceptance to Complete 100% Ownership of Ladner Gold Project

March 31, 2016 — New Carolin Gold Corp. (the “Company” or “New Carolin”) (TSXV: LAD | OTC:MDULF) is pleased to announce that the TSX Venture Exchange has provided conditional acceptance of the acquisition by the Company of the remaining undivided 60% interest in the Carolin Mine and related properties held by Century Mining Corporation, on the terms previously announced. With this acceptance, the Company is cleared to close the transaction and effect formal property transfers to take 100% interest and control of the Ladner Gold Project.

The TSX Venture Exchange will issue a bulletin upon completion.

About New Carolin Gold Corp.
New Carolin Gold is a Canadian-based junior company focused on the exploration, evaluation and development of 144 sq. kms of contiguous mineral claims, collectively known as the Ladner Gold Project. The Project is located near Hope, BC, in the prospective and under-explored Coquihalla Gold Belt, which is host to several historic small gold producers including the Carolin Mine, Emancipation Mine, Pipestem Mine and numerous gold prospects. For additional information, please visit the Company’s website at www.newcarolingold.com.

ON BEHALF OF THE BOARD OF DIRECTORS

“Robert L. Thast”
President & Chief Executive Officer
Phone: 604-542-9458
Cell: 604.220.5031
E-mail: ceo@newcarolingold.com
Web site: www.newcarolingold.com

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 the accuracy of this press release. We seek Safe Harbor.

Caution concerning forward-looking information
This news release may contain forward-looking statements that are based on the Company’s expectations, estimates and projections regarding its business and the economic environment in which it operates. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements. Statements speak only as of the date on which they are made, and the Company undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances, unless otherwise required to do so by law.

April 01, 2016: New Carolin Gold Concludes Annual General and Special Meeting of Shareholders and Grants Stock Options

April 1, 2016: New Carolin Gold Corp. (the “Company” or “New Carolin”) (TSXV: LAD | OTC: MDULF) is pleased to announce that the Company concluded its Annual General and Special Meeting of Shareholders (the “Meeting”) held on March 31, 2016.

A total of 27,515,428 common shares were voted at the Meeting or by proxy representing 30.84% of the 89,211,213 outstanding eligible voting shares of the Company as at the record date of February 22, 2016.

Shareholders re-elected Richard T. Gillard, Robert L. Thast, Kenneth R. Holmes and Robert P. Lunde to the Company’s Board of Directors.

At the Meeting, shareholders voted in favour of all other resolutions as set out in the management information circular as follows:

  • re-appointment of Crowe MacKay LLP, Chartered Accountants, as auditors of the Company.
  • re-adoption and re-approval of the Company’s revised stock option plan.

On March 31, 2016, subject to the approval of the TSX Venture Exchange, the Company granted a total of 4.5M stock options, of which 2.8M options were granted to officers and directors of the Company. The stock options are exercisable into common shares of New Carolin Gold at an exercise price of C$08.5 per share. New Carolin Gold’s common shares closed at C$08.5 on the TSX Venture Exchange on March 31, 2016. The Company has 112,746,213 common shares issued and outstanding. Under the terms of the Company’s “rolling” Incentive Stock Option Plan a maximum of 11,274,621 shares are available to be issued pursuant to the exercise of options at this time. Including this grant of 4.5M options, a total of 10,375,000 have been reserved for issuance pursuant to option grants. A further 899,621 shares are available for issuance pursuant to future option grants at this time.

About New Carolin Gold Corp.
New Carolin Gold is a Canadian-based junior company focused on the exploration, evaluation and development of our strategic 144 sq. kms of contiguous mineral claims, collectively known as the Ladner Gold Project. The project is located near Hope, BC, in the prospective and under-explored Coquihalla Gold Belt, which is host to several historic small gold producers including the Carolin Mine, Emancipation Mine, Pipestem Mine and numerous gold prospects.

For additional information, please visit the Company’s website at www.newcarolingold.com.

ON BEHALF OF THE BOARD OF DIRECTORS

“Robert L. Thast”
President & Chief Executive Officer
Phone: 604.542.9458
Cell: 604.220.5031
E-mail: ceo@newcarolingold.com
Web site: www.newcarolingold.com

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 the accuracy of this press release.

March 31, 2016: New Carolin Gold Receives TSX.V Conditional Acceptance to Complete 100% Ownership of Ladner Gold Project

March 31, 2016 — New Carolin Gold Corp. (the “Company” or “New Carolin”) (TSXV: LAD | OTC:MDULF) is pleased to announce that the TSX Venture Exchange has provided conditional acceptance of the acquisition by the Company of the remaining undivided 60% interest in the Carolin Mine and related properties held by Century Mining Corporation, on the terms previously announced. With this acceptance, the Company is cleared to close the transaction and effect formal property transfers to take 100% interest and control of the Ladner Gold Project.

The TSX Venture Exchange will issue a bulletin upon completion.

About New Carolin Gold Corp.
New Carolin Gold is a Canadian-based junior company focused on the exploration, evaluation and development of 144 sq. kms of contiguous mineral claims, collectively known as the Ladner Gold Project. The Project is located near Hope, BC, in the prospective and under-explored Coquihalla Gold Belt, which is host to several historic small gold producers including the Carolin Mine, Emancipation Mine, Pipestem Mine and numerous gold prospects. For additional information, please visit the Company’s website at www.newcarolingold.com.

ON BEHALF OF THE BOARD OF DIRECTORS

“Robert L. Thast”
President & Chief Executive Officer
Phone: 604-542-9458
Cell: 604.220.5031
E-mail: ceo@newcarolingold.com
Web site: www.newcarolingold.com

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 the accuracy of this press release. We seek Safe Harbor.

Caution concerning forward-looking information
This news release may contain forward-looking statements that are based on the Company’s expectations, estimates and projections regarding its business and the economic environment in which it operates. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements. Statements speak only as of the date on which they are made, and the Company undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances, unless otherwise required to do so by law.

March 22, 2016: New Carolin Options 20 Mining Claims Covering 30 Sq. Kilometers

March 22, 2016 — New Carolin Gold Corp. (the “Company” or “New Carolin”) (TSXV: LAD) is pleased to announce it has completed an Option agreement with Crucible Resources Ltd (Crucible) in respect to acquiring mining claims adjoining the Company’s Ladner Gold Project (the Project). The Company entered into a previous option agreement in 2012 with Crucible in respect to seventeen (17) mining claims and revisions to that agreement have resulted in a new Option, which now consists of a total of twenty (20) claims, covering an area of 30 sq km. These claims are situated in the southern portion of the Project below the Coquihalla Hwy.

Three (3) of the new Crucible claims adjoin a prospective new gold zone which has been traced to a length of approx. 1 kilometer to date, where a sampling program was carried out in the 1980’s. Reported soil samples from this historic program ranged between 20 and 1000 ppm, with one sample of 5900 ppm (close to 6 g/t). It has been noted that gold returns of 20-50 ppm are considered high in soils and this zone has wide areas with numerous samples between 100-1000 ppm. The assay of 5900 ppm and other sporadic higher grade samples reported are unusual in soils and we note this may indicate placer-type gold particles in the soil cover. The Company intends to engage Crucible to carry out a new sampling program in 2016 to confirm historic sample locations and assay results, and expand the sampling program on the three new claims with the expectation of extending the gold zone and locating the source. Very little exploration work has been carried out on the lower 72 square kilometer section of the Project to date, which includes the former high grade Emancipation Mine and one of the Company’s other prospective gold zones. The Company plans to step up efforts this year and explore lower claim zones where gold on surface is present. The designated area with elevated gold values spread consistently over a wide area is of immediate interest and will be the focus of further exploration on the lower claim block. Further details will be provided in this regard when exploration plans are finalized. Please note that gold values mentioned are based on historical reports and have not been verified by the Company.

We also note that the initial option agreement required that the Company make certain annual payments to Crucible and expend $250,000 over the initial 5-year option period. Because of poor resource market conditions the past several years Crucible did not hold the Company to the financial conditions in the 2012 option and instead agreed to a settlement and provided the Company with its full support on the newly completed Option agreement.

Relevant Terms of the new Crucible Option Agreement:

  • The Company is to pay Crucible $32,000 in respect to settlement and to secure the new Option;
  • The Option period is 5 (five) years;
  • The Company may now acquire all twenty (20) claims for a total of $50,000, at anytime;
  • Funds expended on exploration will be factored into the $50,000 acquisition purchase price;
  • Crucible retains a 2% NSR. The Company may purchase the first 1% back for $250,000 and the second 1% for $500,000, at any time.

Completing the Option Agreement may be subject to regulatory approval.

About New Carolin Gold Corp.
New Carolin Gold is a Canadian-based junior company focused on the exploration, evaluation and development of a strategic 144 square kilometer contiguous mineral claim property, collectively known as the Ladner Gold Project. The 100% controlled property is located near Hope, BC, in the prospective and under-explored Coquihalla Gold Belt, which is host to several historic small gold producers including the Carolin Mine, Aurum Mine, Emancipation Mine, Pipestem Mine and numerous high grade gold prospects dating back to 1885.

For additional information, please visit the Company’s website at www.newcarolingold.com.

ON BEHALF OF THE BOARD OF DIRECTORS

“Robert L. Thast”
President & Chief Executive Officer
Phone: 604.542.9458
Cell: 604.220.5031
E-mail: ceo@newcarolingold.com
Web site: www.newcarolingold.com

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

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 the accuracy of this press release.

Caution concerning forward-looking information
This news release may contain forward-looking statements that are based on the Company’s expectations, estimates and projections regarding its business and the economic environment in which it operates. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements. Statements speak only as of the date on which they are made, and the Company undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances, unless otherwise required to do so by law.

March 17, 2016: New Carolin Common Shares Cleared for Quotation on OTC Link

March 17, 2016 — New Carolin Gold Corp. (the “Company” or “New Carolin”) (TSXV: LAD; OTC:MDULF) wishes to announce that, pursuant to FINRA Rule 6432 and Rule 15c2-11 under the Securities Exchange Act of 1934, Glendale Securities, Inc. (“Glendale”) has filed a Form 211 in connection with the Company’s common shares and, as a result, the Financial Industry Regulatory Authority (“FINRA”) has cleared Glendale’s request to submit a quote (Bid, Ask) for the Company’s common shares under the symbol “MDULF”.

U.S. based shareholders and interested parties can obtain quotes, affect trades and follow the market throughotcmarkets.com.

Robert Thast, President, said, “We are pleased to see an additional trading venue made available to further enhance liquidity for our current, and future U.S. Shareholders. As New Carolin Gold Corp. works to develop what we believe is an extremely exciting gold play, we will continue to improve visibility and maximize both our domestic and international investor exposure, to put this story on a global stage.”

About New Carolin Gold Corp.
New Carolin Gold is a Canadian-based junior company focused on the exploration, evaluation and development of 144 sq. kms of contiguous mineral claims, collectively known as the Ladner Gold Project. Located near Hope, BC in the prospective and under-explored Coquihalla Gold Belt, the Project is host to several historic small gold producers, including the Carolin Mine, Aurum Mine, Emancipation Mine and Pipestem Mine and has numerous gold prospects. For additional information, please visit the Company’s website at www.newcarolingold.com.

ON BEHALF OF THE BOARD OF DIRECTORS

“Robert L. Thast”
President & Chief Executive Officer
Phone: 778.294.3211
Cell: 604.220.5031
E-mail: ceo@newcarolingold.com
Web site: www.newcarolingold.com

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 the accuracy of this press release. We seek Safe Harbor.

Caution concerning forward-looking information
This news release may contain forward-looking statements that are based on the Company’s expectations, estimates and projections regarding its business and the economic environment in which it operates. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements. Statements speak only as of the date on which they are made, and the Company undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances, unless otherwise required to do so by law.

March 9, 2016: New Carolin Gold Clarifies Financing Terms

March 9, 2016 — New Carolin Gold Corp. (the “Company” or “New Carolin”) (TSXV: LAD): Further to its news release earlier today, the Company wishes to clarify that it has completed its non-brokered private placement of units in the capital of the Company at a price of $0.05 per unit, and will issue 22,535,000 for gross proceeds of $1,126,750, not 22,335,000 for proceeds of $1,116,750 as reported. All other amounts and terms in the earlier news release are correct.

About New Carolin Gold Corp.
New Carolin Gold is a Canadian-based junior company focused on the exploration, evaluation and development of our strategic 144 square kilometers of contiguous mineral claims, collectively known as the Ladner Gold Project. The project is located near Hope, BC, in the prospective and under-explored Coquihalla Gold Belt, which is host to several historic small gold producers including the Carolin Mine, Emancipation Mine, Pipestem Mine and numerous gold prospects.

For additional information, please visit the Company’s website at www.newcarolingold.com.

ON BEHALF OF THE BOARD OF DIRECTORS

“Robert L. Thast”
President & Chief Executive Officer
Phone: 604.542.9458
Cell: 604.220.5031
E-mail: ceo@newcarolingold.com
Web site: www.newcarolingold.com

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

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 the accuracy of this press release.

Caution concerning forward-looking information
This news release may contain forward-looking statements that are based on the Company’s expectations, estimates and projections regarding its business and the economic environment in which it operates. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements. Statements speak only as of the date on which they are made, and the Company undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances, unless otherwise required to do so by law.

March 9, 2016: New Carolin Completes $1,116,750 Private Placement

March 9, 2016 — New Carolin Gold Corp. (the “Company” or “New Carolin”) (TSXV: LAD): Further to its news release of February 03, 2016, the Company is pleased to announce that it has completed its non-brokered private placement of 22,335,000 units in the capital of the Company at a price of $0.05 per unit for gross proceeds of $1,116,750. The placement consists of 6,400,000 flow through units (the “FT Units”) and 16,135,000 non-flow through units (the “NFT Units”) for gross proceeds of $320,000 and $806,750 respectively, which will be issued to qualified subscribers. Each FT Unit consists of one flow-through common share (“FT Share”) and one two-year common share purchase warrant (“Warrant”) entitling the holder to purchase one additional NFT common share at a price of $0.07 per share in the first year and $0.08 per share in the second year following the closing of the placement. Each FT Share will be designated as a flow-through share pursuant to the Income Tax Act (Canada). The proceeds from the sale of FT Shares will be used to fund qualified CEE work on the Company’s exploration program at its Ladner Gold Project in southwestern British Columbia in 2016. Proceeds from the sale of NFT Units will be used for general working capital and corporate purposes. Robert Lunde, a director of the Company, participated in the Unit offering, purchasing 400,000 Units for proceeds of $20,000.

The securities issued under this private placement are subject to a four-month plus one day hold period from their date of issuance. The Company paid aggregate finder’s fees of $57,500 and 1,150,000 share purchase warrants to EMD Financial Inc. and Scarsdale Equities LLC in connection with the private placement. Each finder’s warrant is exercisable for a period of two years following the closing of the placement to purchase one common share of the Company at a price of $0.07 per share in the first year and $0.08 per share in the second year.

About New Carolin Gold Corp.
New Carolin Gold is a Canadian-based junior company focused on the exploration, evaluation and development of our strategic 144 square kilometers of contiguous mineral claims, collectively known as the Ladner Gold Project. The project is located near Hope, BC, in the prospective and under-explored Coquihalla Gold Belt, which is host to several historic small gold producers including the Carolin Mine, Emancipation Mine, Pipestem Mine and numerous gold prospects.

For additional information, please visit the Company’s website at www.newcarolingold.com.

ON BEHALF OF THE BOARD OF DIRECTORS

“Robert L. Thast”
President & Chief Executive Officer
Phone: 604.542.9458
Cell: 604.220.5031
E-mail: ceo@newcarolingold.com
Web site: www.newcarolingold.com

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

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 the accuracy of this press release.

Caution concerning forward-looking information
This news release may contain forward-looking statements that are based on the Company’s expectations, estimates and projections regarding its business and the economic environment in which it operates. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements. Statements speak only as of the date on which they are made, and the Company undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances, unless otherwise required to do so by law.

February 17, 2016: Approval of Amendments to Acquisition Agreement - Ladner Gold Project

February 17, 2016 — New Carolin Gold Corp. (the “Company” or “New Carolin”) (TSXV: LAD) announces that further to Company’s press release of February 3, 2016, regarding the acquisition of the remaining assets held by the receiver of Century Mining Corp, that the hearing was held February 10, 2016 and the Quebec Superior Court has since granted the order approving the amendments to the acquisition agreement entered into with the Receiver of the assets of Century Mining Corp.

The granting of this order is the final leg in respect to allowing the Company and the receiver of Century Mining Corp. to facilitate the completion of the acquisition process.

About New Carolin Gold Corp.

New Carolin Gold is a Canadian-based junior company focused on the exploration, evaluation and development of 144 square kilometers of contiguous mineral claims, collectively known as the Ladner Gold Project. The Project is a short drive from Vancouver, British Columbia, in the prospective and under-explored Coquihalla Gold Belt and is host to several historic small gold producers including the Carolin Mine, Emancipation Mine, Pipestem Mine and numerous gold prospects. For further information and technical data on the Company and its Ladner Gold Project, please visit the Company’s website at www.newcarolingold.com.

ON BEHALF OF THE BOARD OF DIRECTORS

“Robert L. Thast”
President & Chief Executive Officer
Phone: 604-542-9458
E-mail: ceo@newcarolingold.com
Web site: www.newcarolingold.com

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 the accuracy of this press release. We seek Safe Harbor.

This news release may contain forward-looking statements that are based on the Company’s expectations, estimates and projections regarding its business and economic environment in which it operates. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements. Statements speak only as of the date on which they are made, and the Company undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances, unless otherwise required to do so by law

February 3, 2016: New Carolin Increases Financing

February 3, 2016 — New Carolin Gold Corp. (the “Company” or “New Carolin”) (TSXV: LAD) announces that further to the press release on the morning of February 3, 2016 the Company will increase its financing as follows:

The Company will cap this financing with the issuance of up to 26,250,000 units in its capital stock for gross proceeds and consideration of up to $1,312,500 (the “Offering”), in a combination of flow-through units (“FT Unit”) and non-flow-through units (“NFT Unit”), a drilling services contract and a settlement of $225,000 related to an unpaid drill program carried out in 2012. Units priced at $0.05 will be issued for the total amount and will consist of one common share and one common share purchase warrant (“Warrant”). Each Warrant will have a two year term with an exercise price in year one of $0.07 per share and year two of $0.08 per share. Common shares delivered as part of the FT Unit will be designated as flow-through shares (“FT Share”) pursuant to the Income Tax Act (Canada). The proceeds from the sale of FT Units will be used to fund qualified CEE work on the Company’s exploration program at the Project. Warrants issued, whether with FT or NFT Units, will not have flow-through attributes nor be exercisable for common shares with flow-through attributes. Proceeds from the sale of NFT Units will be used for general working capital. Finder’s fees may be paid in connection with the Offering. All securities issued in connection with the Offering will be subject to a four-month plus one day hold period from the closing of the Offering.

About New Carolin Gold Corp.
New Carolin Gold is a Canadian-based junior company focused on the exploration, evaluation and development of 144 sq. kms of contiguous mineral claims, collectively known as the Ladner Gold Project. The Project is located near Hope, BC, in the prospective and under-explored Coquihalla Gold Belt, which is host to several historic small gold producers including the Carolin Mine, Emancipation Mine, Pipestem Mine and numerous gold prospects. For additional information, please visit the Company’s website at www.newcarolingold.com.

ON BEHALF OF THE BOARD OF DIRECTORS

“Robert L. Thast”
President & Chief Executive Officer
Phone: 604-542-9458
Cell: 604.220.5031
E-mail: ceo@newcarolingold.com
Web site: www.newcarolingold.com

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

Caution concerning forward-looking information
This news release may contain forward-looking statements that are based on the Company’s expectations, estimates and projections regarding its business and the economic environment in which it operates. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements. Statements speak only as of the date on which they are made, and the Company undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances, unless otherwise required to do so by law.

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 the accuracy of this press release. We seek Safe Harbor.

February 3, 2016: New Carolin Amends Agreement to Acquire 100% of Ladner Gold Project

February 3, 2016 — New Carolin Gold Corp. (the “Company” or “New Carolin”) (TSXV: LAD) is pleased to announce that the Receiver of the assets of Century Mining Corporation (“CMC”) has agreed, subject to the authorization of the Superior Court of Quebec, to amend the acquisition agreement (the “Agreement”) announced by the Company on August 27, 2014 whereby the Company can purchase the remaining ownership interests of CMC in the Ladner Gold Project (the “Project”) in southwestern British Columbia. To date the Company has acquired 40% of the Project with an undivided 60% interest remaining with CMC.

The Receiver has now agreed that the amount of the financing to be completed by the Company as a condition precedent to the transaction will be reduced to $1,500,000, with $600,000 required to be spent on the exploration and development of the Project. Of this reduced requirement, the Company has raised $980,000 to date, leaving a balance of $520,000 to meet this condition.

With respect to the funding requirement and to secure additional exploration and working capital, the Company announces a proposed offering of up to 23,000,000 units in its capital stock for gross proceeds of up to $1,150,000 (the “Offering”) in a combination of flow-through units (“FT Unit”) and non-flow-through units (“NFT Unit”). Both FT and NFT Units are priced at $0.05, and will consist of one common share and one common share purchase warrant (“Warrant”). Each Warrant will have a two year term with an exercise price in year one of $0.07 per share and year two of $0.08 per share. Common shares delivered as part of the FT Unit will be designated as flow-through shares (“FT Share”) pursuant to the Income Tax Act (Canada). The proceeds from the sale of FT Units will be used to fund qualified CEE work on the Company’s exploration program at the Project. Warrants issued, whether with FT or NFT Units, will not have flow-through attributes nor be exercisable for common shares with flow-through attributes. Proceeds from the sale of NFT Units will be used for general working capital. Finder’s fees may be paid in connection with the Offering. All securities issued in connection with the Offering will be subject to a four-month plus one day hold period from the closing of the Offering.

The original terms of the Agreement provided that the shares issuable to the Receiver, as consideration for the property interest being acquired, be limited to up to 20,000,000 shares. As consideration for the Receiver’s agreement to amend the terms of the Agreement and accelerate closing, the Company has agreed that the shares issuable to the Receiver will be, immediately after issue of same (including the common shares issued under the Financing or in connection with any other conditions to the transaction outlined in the Agreement), together with all other shares of the Company then held by the Receiver, equal to 19.9% of the common shares of the Company then issued and outstanding.

The Receiver has further agreed to reduce to $400,000 the Company’s accounts payable and accrued liabilities which it is required to settle as a condition precedent to the closing of the transaction. In this regard, the Company has recently settled over $400,000 in debt.

In addition, the Company has also agreed with the Receiver, as a condition of closing, to obtain an agreement from one of the Company’s creditors to amend the terms of a recent secured loan for $200,000, so that such loan shall not come due and payable until December 31, 2016. The Company has secured this agreement.

Other closing conditions include receiving TSX Venture Exchange approval, in addition to obtaining an order from the Superior Court of Quebec authorizing such amendments.

The Company has spent the past 3½ years working to complete this acquisition and looks to re-energize its activities after having overcome many hurdles and poor market conditions. Upon acquiring the remaining interests of the Project, the Company believes the investment community following it will finally be able to measure and attribute value in keeping with the Company’s assets. The Company looks forward to concluding the acquisition process and executing its plans at the Ladner Gold Project.

About New Carolin Gold Corp.
New Carolin Gold is a Canadian-based junior company focused on the exploration, evaluation and development of 144 sq. kms of contiguous mineral claims, collectively known as the Ladner Gold Project. The Project is located near Hope, BC, in the prospective and under-explored Coquihalla Gold Belt, which is host to several historic small gold producers including the Carolin Mine, Emancipation Mine, Pipestem Mine and numerous gold prospects. For additional information, please visit the Company’s website at www.newcarolingold.com.

ON BEHALF OF THE BOARD OF DIRECTORS

“Robert L. Thast”
President & Chief Executive Officer
Phone: 604-542-9458
Cell: 604.220.5031
E-mail: ceo@newcarolingold.com
Web site: www.newcarolingold.com

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

Caution concerning forward-looking information
This news release may contain forward-looking statements that are based on the Company’s expectations, estimates and projections regarding its business and the economic environment in which it operates. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements. Statements speak only as of the date on which they are made, and the Company undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances, unless otherwise required to do so by law.

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 the accuracy of this press release. We seek Safe Harbor.

January 13, 2016: New Carolin Issues Shares for Interest

January 13 2016 — New Carolin Gold Corp. (the “Company” or “New Carolin”) (TSXV: LAD) announces that the Company has received approval from the TSX Venture Exchange and will issue 566,216 common shares at a price of $0.05 per share to its secured Term Loan holders (the “Lenders”) for interest payable in the amount of $28,311 to December 31, 2015. Shares issued for the interest payments will be subject to a four-month plus one day hold period from their date of issuance.

For the majority of the noteholders, this will be the final interest payment on their Term Loans, 12 of the 14 remaining Lenders having converted their secured loan to equity at year’s end, as announced in the Company’s news release of January 6, 2016. As reported, there is now only $25,000 of principal remaining on the secured Term Loans from an initial principal amount of $615,000.

About New Carolin Gold Corp.
New Carolin Gold is a Canadian-based junior company focused on the exploration, evaluation and development of our strategic 144 sq. kms of contiguous mineral claims, collectively known as the Ladner Gold Project. The project is located near Hope, BC, in the prospective and under-explored Coquihalla Gold Belt, which is host to several historic small gold producers including the Carolin Mine, Emancipation Mine, Pipestem Mine and numerous gold prospects. For additional information, please visit the Company’s website at www.newcarolingold.com.

ON BEHALF OF THE BOARD OF DIRECTORS

“Robert L. Thast”
President & Chief Executive Officer
Phone: 778.294.3211
Cell: 604.220.5031
E-mail: ceo@newcarolingold.com
Web site: www.newcarolingold.com

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 the accuracy of this press release. We seek Safe Harbor.

Caution concerning forward-looking information
This news release may contain forward-looking statements that are based on the Company’s expectations, estimates and projections regarding its business and the economic environment in which it operates. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements. Statements speak only as of the date on which they are made, and the Company undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances, unless otherwise required to do so by law.

January 6, 2016: New Carolin Term Loan Holders Convert to Equity

January 6 2016 — New Carolin Gold Corp. (the “Company” or “New Carolin”) (TSXV: LAD) is pleased to report the conversion of an additional $407,000 of principal outstanding (secured) debt held by 2011 and 2012 Term Loan holders (the “Lenders”) into units (the “Conversion Units”) in the capital of the Company at the Lenders’ election.

The Company will issue 8,140,000 Conversion Units at a price of $0.05 per Unit, having received notices of conversion from twelve secured Lenders in satisfaction of $407,000 in principal. Each Conversion Unit issued consists of one common share and one common share purchase warrant, each Warrant exercisable to acquire one additional common share of the Company at a price of $0.05 per share until the Term Loan maturity date of December 31, 2016. Per contract, secured Lenders can convert principal amounts of their loans to the Company into units at a conversion price of $0.05 per unit until December 31, 2015 and thereafter at a price of $0.10 per unit until Maturity, as previously reported in a news release issued February 11, 2015. There is now only $25,000 of principal remaining on the Term Loans from an original principal amount of $615,000.

Additionally, in connection with the Term Loans, the Company will make a shares-for-debt application to the TSX Venture Exchange to issue 566,216 common shares at a price of $0.05 per share to these Term Loan holders for interest payable in the amount of $28,311 to December 31, 2015. Shares issued in association with the interest payments will be subject to a four-month plus one day hold period from their date of issuance.

The Company continues to reduce debt and expects to extinguish and or eliminate all debt in 2016.

About New Carolin Gold Corp.
New Carolin Gold is a Canadian-based junior company focused on the exploration, evaluation and development of our strategic 144 sq. kms of contiguous mineral claims, collectively known as the Ladner Gold Project. The project is located near Hope, BC, in the prospective and under-explored Coquihalla Gold Belt, which is host to several historic small gold producers including the Carolin Mine, Emancipation Mine, Pipestem Mine and numerous gold prospects.

For additional information, please visit the Company’s website at www.newcarolingold.com.

ON BEHALF OF THE BOARD OF DIRECTORS

“Robert L. Thast”
President & Chief Executive Officer
Phone: 778.294.3211
Cell: 604.220.5031
E-mail: ceo@newcarolingold.com
Web site: www.newcarolingold.com

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 the accuracy of this press release. We seek Safe Harbor.

Not for distribution in the United States.

Caution concerning forward-looking information
This news release may contain forward-looking statements that are based on the Company’s expectations, estimates and projections regarding its business and the economic environment in which it operates. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements. Statements speak only as of the date on which they are made, and the Company undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances, unless otherwise required to do so by law.

December 11, 2015: New Carolin Gold Increases Private Placement

December 11, 2015 — New Carolin Gold Corp. (the “Company” or “New Carolin”) (TSXV: LAD): Further to its news release of November 12, 2015, the Company is pleased to announce that it is increasing the amount of its Unit Private Placement offering (the “Offering”) from $185,000 to $240,000.

The Offering is now comprised of 3,007,380 flow through units (the “FT Units”) at a price of $0.05 per FT Unit for gross proceeds of $150,369 and 1,792,620 non-flow through units (the “NFT Units”) at a price of $0.05 per NFT Unit for gross proceeds of $89,631. Each FT Unit will consist of one flow-through common share (“FT Share”) and one common share purchase warrant (“Warrant”) entitling the holder to purchase one additional common share at a price of $0.07 per share for a period of 24 months from the closing of the Offering. Each FT Share will be designated as a flow-through share pursuant to the Income Tax Act (Canada). Each NFT Unit will consist of one common share and one Warrant entitling the holder to purchase one additional common share at a price of $0.07 per share for a period of 24 months from the closing of the Offering.

The proceeds from the sale of FT Units will be used to fund qualified CEE work on the Company’s exploration program at its Ladner Gold Project in southwestern British Columbia. Proceeds from the sale of NFT Units will be used for general working capital and corporate purposes.

Closing of the Offering is subject to a number of conditions, including receipt of all necessary corporate and regulatory approvals, including that of the TSX Venture Exchange (the “Exchange”). Finder’s fees will be paid on portions of the Offering in accordance with Exchange regulations. All securities issued in connection with the Offering will be subject to a statutory hold period of four months plus one day from the date of issuance pursuant to applicable securities legislation.

The Company also reports that it is currently in negotiations with interested parties for additional financing to satisfy the terms of the agreement with the Receiver in order to gain a 100% interest in its Ladner Gold Project.

Additionally, the Company reports that it has issued 200,000 units (“Conversion Units”) in its capital stock at a price of $0.05 per Conversion Unit, having received a notice of conversion of principal of $10,000 held by a 2012 Term Loan holder. Each Conversion Unit issued consists of one common share and one common share purchase warrant, each Warrant exercisable to acquire one additional common share of the Company at a price of $0.05 per share until the Term Loan maturity date of December 31, 2016. Per contract, Term Loan holders can convert principal amounts of their loans to the Company into units at a conversion price of $0.05 per unit until December 31, 2015 and thereafter at a price of $0.10 per unit until Maturity, as previously reported in a news release issued February 11, 2015.

About New Carolin Gold Corp.
New Carolin Gold is a Canadian-based junior company focused on the exploration, evaluation and development of our strategic 144 square kilometers of contiguous mineral claims, collectively known as the Ladner Gold Project. The project is located near Hope, BC, in the prospective and under-explored Coquihalla Gold Belt, which is host to several historic small gold producers including the Carolin Mine, Emancipation Mine, Pipestem Mine and numerous gold prospects.

For additional information, please visit the Company’s website at www.newcarolingold.com.

ON BEHALF OF THE BOARD OF DIRECTORS

“Robert L. Thast”
President & Chief Executive Officer
Phone: 604.542.9458
Cell: 604.220.5031
E-mail: ceo@newcarolingold.com
Web site: www.newcarolingold.com

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

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 the accuracy of this press release.

Caution concerning forward-looking information
This news release may contain forward-looking statements that are based on the Company’s expectations, estimates and projections regarding its business and the economic environment in which it operates. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements. Statements speak only as of the date on which they are made, and the Company undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances, unless otherwise required to do so by law.

November 25, 2015: New Carolin Gold Clarifies Disclosure

As a result of a review by the British Columbia Securities Commission, the Company is issuing the following news release to clarify our disclosure.

On November 16, 2015 in an interview was conducted with analyst Jay Taylor, wherein the Company disclosed a non-compliant resource and made other statements that did not have sufficient cautionary language. Therefore the Company provides the following clarifications:

A) The Ladner Gold Project (Carolin Mine) has an NI 43-101 compliant inferred resource estimate of 607,000 oz au grading 1.5 g/t with a .5 g/t cut off.

B) The Tailings Storage Facility has an NI 43-101 indicated resource estimate of approx. 24,000 oz au grading 1.83 g/t with a 1 g/t cutoff, and an inferred resource of 5000 oz au grading 1.85 g/t with 1 g /t cutoff. The report notes that approx. 85,000 oz au were processed during production from 1982-1984. Approx. 45,000 oz au was recovered and the balance reported to the tailings. However there have been insufficient studies to verify potential material remaining in the tailings beyond the current resource estimate and it is uncertain if further studies will result in the delineation of additional mineral resources.

C) The McMaster Zone has an NI 43-101 inferred resource estimate of 79,000 oz au grading 1 g/t with a .5 g/t cut-off.

D) The Company has amended presentation materials to more prominently display current resource estimates.

Work recommendations include confirmation of historical resource estimates underground at the Carolin Mine and continued exploration and drilling from surface at the McMaster Zone.

The Company advises readers not to rely on such previous statements as they may continue to be found in the public domain and we direct the reader to the most current Technical Report dated May 29, 2015, prepared for the Company by Cliff Pearson P.Geo an independent Qualified Person, for further information.

For more detailed information, technical reports and resource estimates can be found on the Company’s website @ www.newcarolingold.com.

About New Carolin Gold Corp.
New Carolin Gold is a Canadian-based junior company focused on the exploration, evaluation and development of our strategic 144 sq. kms of contiguous mineral claims, collectively known as the Ladner Gold Project. The project is located near Hope, BC, in the prospective and under-explored Coquihalla Gold Belt, which is host to several historic small gold producers including the Carolin Mine, Emancipation Mine, Pipestem Mine and numerous gold prospects.

For additional information, please visit the Company’s website at www.newcarolingold.com.

ON BEHALF OF THE BOARD OF DIRECTORS

“Robert L. Thast”
President & Chief Executive Officer
Phone: 604-542-9458
Cell: 604.220.5031
E-mail: ceo@newcarolingold.com
Web site: www.newcarolingold.com

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 the accuracy of this press release.

Caution concerning forward-looking information
This news release may contain forward-looking statements that are based on the Company’s expectations, estimates and projections regarding its business and the economic environment in which it operates. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements. Statements speak only as of the date on which they are made, and the Company undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances, unless otherwise required to do so by law.

November 12, 2015: New Carolin Gold Arranges Financing

November 12, 2015 — New Carolin Gold Corp. (the “Company” or “New Carolin”) (TSXV: LAD) is pleased to announce that it has arranged financing for gross proceeds of up to $185,000 (the “Offering”) by way of a private placement of flow-through and non-flow-through units in the capital stock of the Company.

The Offering is comprised of up to 1,200,000 flow through units (the “FT Units”) at a price of $0.05 per FT Unit for gross proceeds of up to $60,000 and up to 2,500,000 non-flow through units (the “NFT Units”) at a price of $0.05 per NFT Unit for gross proceeds of up to $125,000. Each FT Unit will consist of one flow-through common share (“FT Share”) and one common share purchase warrant (“Warrant”) entitling the holder to purchase one additional common share at a price of $0.07 per share for a period of 24 months from the closing of the Offering. Each FT Share will be designated as a flow-through share pursuant to the Income Tax Act (Canada). Each NFT Unit will consist of one common share and one Warrant entitling the holder to purchase one additional common share at a price of $0.07 per share for a period of 24 months from the closing of the Offering.

The proceeds from the sale of FT Units will be used to fund qualified CEE work on the Company’s exploration program at its Ladner Gold Project in southwestern British Columbia. Proceeds from the sale of NFT Units will be used for general working capital and corporate purposes.

Closing of the Offering is subject to a number of conditions, including receipt of all necessary corporate and regulatory approvals, including that of the TSX Venture Exchange. Closing is expected to occur on or about November 27, 2015. Finder’s fees may be paid on portions of the Offering in accordance with TSX Venture Exchange regulations. All securities issued in connection with the Offering will be subject to a statutory hold period of four months plus one day from the date of issuance in accordance with applicable securities legislation.

About New Carolin Gold Corp.
New Carolin Gold is a Canadian-based junior company focused on the exploration, evaluation and development of our strategic 144 square kilometers of contiguous mineral claims, collectively known as the Ladner Gold Project. The project is located near Hope, BC, in the prospective and under-explored Coquihalla Gold Belt, which is host to several historic small gold producers including the Carolin Mine, Emancipation Mine, Pipestem Mine and numerous gold prospects.

For additional information, please visit the Company’s website at www.newcarolingold.com.

ON BEHALF OF THE BOARD OF DIRECTORS

“Robert L. Thast”
President & Chief Executive Officer
Phone: 604.542.9458
Cell: 604.220.5031
E-mail: ceo@newcarolingold.com
Web site: www.newcarolingold.com

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

Caution concerning forward-looking information
This news release may contain forward-looking statements that are based on the Company’s expectations, estimates and projections regarding its business and the economic environment in which it operates. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements. Statements speak only as of the date on which they are made, and the Company undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances, unless otherwise required to do so by law.

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 the accuracy of this press release. We seek Safe Harbor.

October 26, 2015: Sampling and Mapping Program Underway at McMaster Zone

October 26, 2015 — New Carolin Gold Corp. (the “Company” or “New Carolin”) (TSXV: LAD) announces that it has engaged Mr. Dan Cardinal P.Geo, to undertake a detailed geological mapping and sampling program along the McMaster gold-bearing zone, beginning northwest of the zone and stretching for 1.5-2.0 kilometres southeasterly. Historical mapping and exploratory drilling (1985 & 1994-95) along the McMaster Zone have tentatively outlined 2 structurally related mineralized systems.

The project will take approximately two weeks. Object of the mapping program is to better define and geologically constrain the McMaster Zone, with the purpose of developing an exploration model in front of a planned drilling program to define extensions of the mineralized zones.

Mr. Cardinal, in the 1980s, was an Exploration Manager for Aquarius Resources Ltd. then one of the joint venture partners of the Carolin Mine/Ladner Creek gold project. Mr. Cardinal, who currently resides in Hope, BC has since conducted numerous exploration and mapping projects along the 28 km length of the Coquihalla Gold Belt including, supervision of 1994-95 exploratory drilling projects on the McMaster Zone. He has extensive experience working in orogenic style gold-related environments in central and southwestern BC.

About New Carolin Gold Corp.
New Carolin Gold is a Canadian-based junior company focused on the exploration, evaluation and development of our strategic 144 square kilometers of contiguous mineral claims, collectively known as the Ladner Gold Project. The project is located near Hope, BC, in the prospective and under-explored Coquihalla Gold Belt, which is host to several historic small gold producers including the Carolin Mine, Emancipation Mine, Pipestem Mine and numerous gold prospects.

For additional information, please visit the Company’s website at www.newcarolingold.com.

ON BEHALF OF THE BOARD OF DIRECTORS

“Robert L. Thast”
President & Chief Executive Officer
Phone: 604.542.9458
Cell: 604.220.5031
E-mail: ceo@newcarolingold.com
Web site: www.newcarolingold.com

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 the accuracy of this press release. We seek Safe Harbor.

Caution concerning forward-looking information
This news release may contain forward-looking statements that are based on the Company’s expectations, estimates and projections regarding its business and the economic environment in which it operates. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements. Statements speak only as of the date on which they are made, and the Company undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances, unless otherwise required to do so by law.

September 17, 2015: New Carolin Gold Acquires Additional 30% Property Interest

September 17, 2015 — New Carolin Gold Corp. (the “Company”) (TSXV: LAD): is pleased to announce that further to its news release of June 23, 2015, it has completed the acquisition of an additional 30% interest in the mineral claims and crown grants held by Century Mining Corp. Inc. and Tamerlane Ventures Inc, both companies currently under receivership proceedings pursuant to the Bankruptcy and Insolvency Act (Canada). The 30% interest was originally held by Tamerlane Ventures Inc. and the transaction completed as a result of a cash payment made by the Company of $200,010.00 to the receiver of Tamerlane Ventures. The Company expresses its appreciation for the assistance provided by the receiver of Century Mining in facilitating this acquisition.

The Company’s Ladner Gold Project consists of approximately 144 square kilometers of contiguous mineral claims and several crown grants associated with surface rights at the original Carolin Mine and primary mineralized Idaho zone. The Company now has 100% control of the southern portion of the Ladner Gold Project (approximately 72 square kilometers) and a 40% interest in the northern claims and crown grants, which have been formally registered in the Company’s name. The remaining 60% of the claims and grants on the northern portion of the property are held by Century Mining, under receivership proceedings.

The acquisition is part of the implementation of an agreement in place between the Company and the receiver of Century Mining in respect of the Company acquiring 100% ownership, subject to terms and conditions provided for in a press release dated August 27, 2014. The Company continues to work toward satisfying the terms of the agreement to now acquire the remaining 60% held by the receiver of Century Mining, and in that respect, the Company has to date: extinguished $110,000 in secured debt and satisfied the secured debenture provision in the agreement; raised over $750,000 since the agreement was entered into; paid down approximately $150,000 of trade related debt; and completed the Tamerlane Ventures property acquisition.

About New Carolin Gold Corp.
New Carolin Gold is a Canadian-based junior company focused on the exploration, evaluation and development of our strategic 144 sq. km of contiguous mineral claims, collectively known as the Ladner Gold Project. The project is located near Hope, BC, in the prospective and under-explored Coquihalla Gold Belt, which is host to several historic small gold producers including the Carolin Mine, Emancipation Mine, Pipestem Mine and numerous gold prospects.

For additional information, please visit the Company’s website at www.newcarolingold.com.

ON BEHALF OF THE BOARD OF DIRECTORS

“Robert L. Thast”
President & Chief Executive Officer
Phone: 604-542-9458
Cell: 604.220.5031
E-mail: ceo@newcarolingold.com
Web site: www.newcarolingold.com

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 the accuracy of this press release.

Caution concerning forward-looking information
This news release may contain forward-looking statements that are based on the Company’s expectations, estimates and projections regarding its business and the economic environment in which it operates. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements. Statements speak only as of the date on which they are made, and the Company undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances, unless otherwise required to do so by law.

August 25, 2015: New Carolin Gold Completes $225,750 Unit Private Placement & Announces Debt Conversion

August 25, 2015 — New Carolin Gold Corp. (the “Company” or “New Carolin”) (TSXV: LAD): Further to its news releases of June 23 and July 8, 2015, the Company is pleased to announce that it has completed its non-brokered private placement of 4,515,000 units in the capital of the Company at a price of $0.05 per Unit for gross proceeds of $225,750. Each Unit consists of one Common Share and one Common Share Purchase Warrant, with each Warrant exercisable to acquire one additional Common Share of the Company at any time for a 24-month period from the date of issuance at a price of $0.08 per share. The Company paid aggregate finder’s fees of $5,250 on portions of the placement.

The securities issued under this private placement will be subject to a four-month plus one day hold period from their date of issuance. Proceeds from the sale of the Units will be used for working capital and general corporate purposes.

Additionally, the Company reports that it has issued 1,200,000 units (“Conversion Units”) in its capital stock at a price of $0.05 per Conversion Unit, having received notices of conversion of principal of $60,000 held by three 2012 Term Loan holders. Each Conversion Unit issued consists of one common share and one common share purchase warrant, each Warrant exercisable to acquire one additional common share of the Company at a price of $0.05 per share until the Term Loan maturity date of December 31, 2016. Per contract, Term Loan holders can convert principal amounts of their loans to the Company into units at a conversion price of $0.05 per unit until December 31, 2015 and thereafter at a price of $0.10 per unit until Maturity, as previously reported in the news release issued February 11, 2015. $40,000 of the principal amount was converted by a director and a company controlled by a director, who acquired an aggregate 800,000 Conversion Units.

About New Carolin Gold Corp.
New Carolin Gold is a Canadian-based junior company focused on the exploration, evaluation and development of our strategic 144 sq. kms of contiguous mineral claims, collectively known as the Ladner Gold Project. The project is located near Hope, BC, in the prospective and under-explored Coquihalla Gold Belt, which is host to several historic small gold producers including the Carolin Mine, Emancipation Mine, Pipestem Mine and numerous gold prospects.

For additional information, please visit the Company’s website at www.newcarolingold.com.

ON BEHALF OF THE BOARD OF DIRECTORS

“Robert L. Thast”
President & Chief Executive Officer
Phone: 778.294.3211
Cell: 604.220.5031
E-mail: ceo@newcarolingold.com
Web site: www.newcarolingold.com

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 the accuracy of this press release. We seek Safe Harbor.

Not for distribution in the United States.

Caution concerning forward-looking information
This news release may contain forward-looking statements that are based on the Company’s expectations, estimates and projections regarding its business and the economic environment in which it operates. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements. Statements speak only as of the date on which they are made, and the Company undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances, unless otherwise required to do so by law.

July 03, 2015: New Carolin to Issue Shares for Interest Payments & Loan Conversion

July 3 2015 — New Carolin Gold Corp. (the “Company” or “New Carolin”) (TSXV: LAD) announces that the Company is making application to pay the interest accrued to June 30, 2015 on both its 2011 and 2012 series Term Loans by way of the issuance of common shares of the Company in shares-for-debt transactions. Accrued interest totaling $35,585.10 will be settled with the various Holders by way of the issuance of 647,002 common shares of the Company at a deemed price of $0.055 per common share. Per contract, semi-annual interest payments on the Term Loans can be settled by the issuance of shares in lieu of cash under specific circumstances, as previously reported in a news release issued February 11, 2015. Shares issued pursuant to the shares-for-debt transactions are subject to a four month plus one day hold period from their date of issue.

Additionally, the Company reports that it will issue one million units (“Units”) in its capital stock at a price of $0.05 per Unit, having received a notice of conversion of principal of $50,000 held by a 2012 Term Loan holder. Each Unit to be issued consists of one common share and one common share purchase warrant (the “Warrant”), each Warrant exercisable to acquire one additional common share of the Company at a price of $0.05 per share until the Term Loan maturity date of December 31, 2016. Per contract, Term Loan holders can convert principal amounts of their loans to the Company into Units at a conversion price of $0.05 per Unit until December 31, 2015 and thereafter at a price of $0.10 per Unit until Maturity, also as previously reported in the news release issued February 11, 2015.

About New Carolin Gold Corp.
New Carolin Gold is a Canadian-based junior company focused on the exploration, evaluation and development of our strategic 144 square kilometers of contiguous mineral claims, collectively known as the Ladner Gold Project. The project is located near Hope, BC, in the prospective and under-explored Coquihalla Gold Belt, which is host to several historic small gold producers including the Carolin Mine, Emancipation Mine, Pipestem Mine and numerous gold prospects.

For additional information, please visit the Company’s website at www.newcarolingold.com.

ON BEHALF OF THE BOARD OF DIRECTORS

“Robert L. Thast”
President & Chief Executive Officer
Phone: 604.542.9458
Cell: 604.220.5031
E-mail: ceo@newcarolingold.com
Web site: www.newcarolingold.com

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 the accuracy of this press release. We seek Safe Harbor.

Caution concerning forward-looking information
This news release may contain forward-looking statements that are based on the Company’s expectations, estimates and projections regarding its business and the economic environment in which it operates. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements. Statements speak only as of the date on which they are made, and the Company undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances, unless otherwise required to do so by law.

June 23, 2015: New Carolin to Acquire Additional 30% Interest in Ladner Gold Project

Surrey, BC. – June 23, 2015 — New Carolin Gold Corp. (the “Company”) (TSXV: LAD) wishes to announce it has negotiated the purchase of a further 30% interest in the Ladner Gold Project (the “Transaction”), which is being facilitated through the receiver of Century Mining Corp (“Century”).

In connection with the transaction, the Company has arranged a third party loan for $200,000 which has been placed in trust pending the closing of the transaction, which is subject to customary conditions, including notably the execution of customary documents for transactions of this nature and the receipt of the required regulatory approvals. The loan will be secured and the Company will issue 4 million bonus warrants priced at $0.05 to the lender in connection with the loan. This payment represents the final payment under an historical option agreement between Century and Tamerlane Ventures Inc. (“Tamerlane”), pursuant to which Century has the option to acquire Tamerlane’s 30% interest in crown grants and mineral claims forming part of the Ladner Gold Project (the “Ladner Gold Project Rights”).

The Ladner Gold Project consists of 144 square kilometers of contiguous mineral claims, with 9 crown grants, and hosts a 28 kilometer long section of the Coquihalla Gold Belt and Hozameen Fault. The Company currently controls 100% of the mineral titles to approximately. (half) 72 sq km of the Ladner Gold Project, and has a beneficial 10% interest in the Ladner Gold Project Rights held by Century and Tamerlane. Upon closing of the Transaction, the Company will control a 40% interest in the Ladner Gold Project Rights with Century owning the remaining 60% interest, until completion of the previously announced transaction between the Company and the receiver to the assets of Century, pursuant to which the Company has agreed to purchase, subject to certain conditions, all of the rights, titles and interests of Century in the Ladner Gold Project Rights (see news releases dated August 27, 2014 and April 17, 2015 for more information on the transaction).

The Company also announces, subject to regulatory approval, a non-brokered Unit Private Placement in the amount of up to $200,000.00. The Unit will consist of one Common Share at $0.05 and one Share Purchase Warrant at an exercise price of $0.08 per share, exercisable for a period of two years following the closing. The Company also provides notice of its intention to issue 700,000 Stock Options priced at $0.05 to a new director of the Company.

The Company also reports that having filed a revised Technical Report on the Ladner Gold Project, as noted in a press release issued June 2, 2015, the Company has been removed from the “default issuers list” by the BCSC.

About New Carolin Gold Corp.
New Carolin Gold is a Canadian-based junior company focused on the exploration, evaluation and development of our strategic 144 square kilometers of contiguous mineral claims, collectively known as the Ladner Gold Project. The project is a short drive from Vancouver, British Columbia, in the prospective and under-explored Coquihalla Gold Belt, which is host to several historic small gold producers including the Carolin Mine, Emancipation Mine, Pipestem Mine and numerous gold prospects.

For further Company and technical information, please visit the Company’s website at www.newcarolingold.com.

ON BEHALF OF THE BOARD OF DIRECTORS

“Robert L. Thast”
President & Chief Executive Officer
Phone: 604-542-9458
E-mail: ceo@newcarolingold.com
Web site: www.newcarolingold.com

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 the accuracy of this press release. We seek Safe Harbor.

Not for distribution in the United States.

Caution concerning forward-looking information
This news release may contain forward-looking statements that are based on the Company’s expectations, estimates and projections regarding its business and the economic environment in which it operates. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements. Statements speak only as of the date on which they are made, and the Company undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances, unless otherwise required to do so by law.

June 09, 2015: New Carolin Gold Announces Changes to Its Board of Directors

White Rock, BC. – June 9, 2015 — New Carolin Gold Corp. (the “Company”) (TSXV: LAD) wishes to announce that Robert (Bob) Lunde has joined the Board of Directors of the Company, effective immediately.

Mr. Lunde has over 30 years of public market experience, beginning his career as a floor trader on the Vancouver Stock Exchange in 1982. Bob has since provided fundraising and management services to numerous public companies and was also a founder and director of several public companies in industries ranging from software development to mining enterprises.

“Bob has been instrumental in developing strategic relationships and raising capital for the Company over the past 3½ years and with his diverse experience and contacts he will be a welcome addition to the Board”, said Bob Thast, CEO of the New Carolin Gold.

The Company also announces that Mr. David Martin has stepped down from the Board. The Company thanks Dave for his contributions and support and wishes him well with future endeavors.

About New Carolin Gold Corp.
New Carolin Gold is a Canadian-based junior company focused on the exploration, evaluation and development of our strategic 144 square kilometers of contiguous mineral claims, collectively known as the Ladner Gold Project. The project is a short drive from Vancouver, British Columbia, in the prospective and under-explored Coquihalla Gold Belt, which is host to several historic small gold producers including the Carolin Mine, Emancipation Mine, Pipestem Mine and numerous gold prospects.

For further Company and technical information, please visit the Company’s website at www.newcarolingold.com.

ON BEHALF OF THE BOARD OF DIRECTORS

“Robert L. Thast”
President & Chief Executive Officer
Phone: 604-542-9458
E-mail: ceo@newcarolingold.com
Web site: www.newcarolingold.com

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 the accuracy of this press release. We seek Safe Harbor.

Not for distribution in the United States.

Caution concerning forward-looking information
This news release may contain forward-looking statements that are based on the Company’s expectations, estimates and projections regarding its business and the economic environment in which it operates. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements. Statements speak only as of the date on which they are made, and the Company undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances, unless otherwise required to do so by law.

June 02, 2015: New Carolin Submits Revised Technical Report

White Rock, B.C., June 2, 2015 – New Carolin Gold Corp. (the “Company”) is pleased to announce, further to its news release of October 8 2014, the filing on SEDAR of an updated NI 43-101 Technical Report titled “Technical Report on the New Carolin Gold Corporation Ladner Gold Project” and dated May 29, 2015.

The updated report confirms current resource estimates on three deposits contained in the Project and referred to as the Carolin zone, the McMaster and the tailings impoundment. It has also been revised to remove reference to the previously announced preliminary assessment and any historical resource. The revised report has been filed and can be found on SEDAR at www.sedar.com, or is available on request from the Company.

In addition, the report discusses a prior estimate of the potential quantity and grade of gold mineralization for the Carolin zone and states…

“This exercise used all available property data to build a computerized block model of this zone, and reported on the exploration potential therein. This potential may be reported within a range of 5.0 to 5.6 million tonnes, grading between 4.2 to 4.8 gpt gold at a 2.5 gpt gold grade cutoff, or between 0.9 to 1.1 million tonnes grading between 8.0 to 9.0 gpt gold, at a 5.0 gpt gold grade cutoff.

This potential quantity and grade of mineralization is conceptual in nature and there has been insufficient exploration work done to define this potential as a mineral resource and it is uncertain if further exploration will result in this potential quantity and grade being realized, in whole or in part, as a mineral resource. The range of tonnage and grade noted above has been outlined using all available property mining and exploration data for the Carolin zone. This data was built into a geological model and extrapolated in a reasonable manner to provide an exploration target for the work here recommended.

The principal work requirement for advancing this property is a comprehensive program of strategic underground diamond drilling. This work is fundamental to confirming and quantifying the extent of gold mineralization within the Carolin zone, such that a comprehensive and updated geological block model can be constructed for on-going mineral resource calculations.”

It is the Company’s intention, subject to financing, to pursue the “principal work” recommended by the report with a view to confirming and increasing the known resources on the Project and to pursue aggressively the development of other known gold occurrences and the potential of the overall Project.

Cliff Pearson, P.Geo, is a Qualified Person as defined by National Instrument 43-101 and has reviewed and approved the technical content of this News Release.

About New Carolin Gold Corp.

New Carolin Gold is a Canadian-based junior company focused on the exploration, evaluation and development of our strategic 144 square kilometers of contiguous mineral claims, collectively known as the Ladner Gold Project. The project is a short drive from Vancouver, British Columbia, in the prospective and under-explored Coquihalla Gold Belt, which is host to several historic small gold producers including the Carolin Mine, Emancipation Mine, Pipestem Mine and numerous gold prospects.

For further Company and technical information, please visit the Company’s website at www.newcarolingold.com.

ON BEHALF OF THE BOARD OF DIRECTORS
“Robert L. Thast”
President & Chief Executive Officer
Phone: 604-542-9458
E-mail: ceo@newcarolingold.com
Web site: www.newcarolingold.com

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 the accuracy of this press release.
We seek Safe Harbor.

Not for distribution in the United States.
This news release may contain forward-looking statements that are based on the Company’s expectations, estimates and projections regarding its business and the economic environment in which it operates. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements. Statements speak only as of the date on which they are made, and the Company undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances, unless otherwise required to do so by law.

April 17, 2015: New Carolin Gold Announces Extension of Purchase Agreement Closing Date to April 15, 2016

White Rock, B.C. – April 17, 2015: New Carolin Gold Corp. (the “Company” or “New Carolin”) (TSXV: LAD) is pleased to announce that further to its January 14, 2015 press release announcing the granting of a vesting order to permit Century Mining Corporation’s (“Century”) Receiver to complete the sale of Century’s interest in the Ladner Gold Project to New Carolin, the Company and the Receiver have reached an agreement in principle to extend the closing date of the agreement to April 15, 2016, subject to finalizing the details of such agreement, at which time a further press release shall be issued..

In the meantime, the Company continues to pursue financial sources and potential partners to enable it to meet the closing conditions of the purchase agreement and advance the Ladner Gold Project.

About New Carolin Gold Corp.
New Carolin Gold is a Canadian-based junior company focused on the exploration, evaluation and development of our strategic 144 sq. kms of contiguous mineral claims, collectively known as the Ladner Gold Project. The project is located near Hope, BC, in the prospective and under-explored Coquihalla Gold Belt, which is host to several historic small gold producers including the Carolin Mine, Emancipation Mine, Pipestem Mine and numerous gold prospects.

For additional information, please visit the Company’s website at www.newcarolingold.com.

ON BEHALF OF THE BOARD OF DIRECTORS

“Robert L. Thast”
President & Chief Executive Officer
Phone: 778.294.1411
Cell: 604.220.5031
E-mail: ceo@newcarolingold.com
Web site: www.newcarolingold.com

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 the accuracy of this press release. We seek Safe Harbor.

Not for distribution in the United States.

Caution concerning forward-looking information
This news release may contain forward-looking statements that are based on the Company’s expectations, estimates and projections regarding its business and the economic environment in which it operates. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements. Statements speak only as of the date on which they are made, and the Company undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances, unless otherwise required by law.

April 01, 2015: New Carolin Gold Concludes Annual and Special General Meeting of Shareholders and Grants Stock Options

White Rock, B.C. — April 1, 2015: New Carolin Gold Corp. (the “Company” or “New Carolin”) (TSXV: LAD) is pleased to announce that the Company concluded its Annual and Special General Meeting of Shareholders (the “Meeting”) held on March 31, 2015.

A total of 13,050,829 common shares were voted at the Meeting or by proxy representing 19.44% of the 67,142,997 outstanding eligible voting shares of the Company as at the record date of February 23, 2015.

Shareholders re-elected J. Graham Eacott, Richard T. Gillard, Robert L. Thast, Kenneth R. Holmes and David C. Martin to the Company’s Board of Directors.

At the Meeting, shareholders voted in favour of all other resolutions as set out in the management information circular as follows:

  • re-appointment of Crowe MacKay LLP, Chartered Accountants, as auditors of the Company.
  • re-adoption and re-approval of the Company’s revised stock option plan.

On March 31, 2015, subject to the approval of the TSX Venture Exchange, the Company granted a total of 435,000 stock options, of which 235,000 stock options were granted to an officer of the Company. No stock options were granted to directors of the Company. The stock options are exercisable into common shares of New Carolin Gold at an exercise price of C$0.05 per share. New Carolin Gold’s common shares closed at C$0.025 on the TSX Venture Exchange on March 30, 2015. The Company has 67,142,997 common shares issued and outstanding. Under the terms of the Company’s “rolling” Incentive Stock Option Plan a maximum of 6,714,300 shares are available to be issued pursuant to the exercise of options at this time. Including this grant of 435,000 options, a total of 6,495,000 shares have been reserved for issuance pursuant to option grants. A further 219,300 shares are available for issuance pursuant to future option grants at this time.

About New Carolin Gold Corp.
New Carolin Gold is a Canadian-based junior company focused on the exploration, evaluation and development of our strategic 144 sq. kms of contiguous mineral claims, collectively known as the Ladner Gold Project. The project is located near Hope, BC, in the prospective and under-explored Coquihalla Gold Belt, which is host to several historic small gold producers including the Carolin Mine, Emancipation Mine, Pipestem Mine and numerous gold prospects.

For additional information, please visit the Company’s website at www.newcarolingold.com.

ON BEHALF OF THE BOARD OF DIRECTORS

“Robert L. Thast”
President & Chief Executive Officer
Phone: 778.294.1411
Cell: 604.220.5031
E-mail: ceo@newcarolingold.com
Web site: www.newcarolingold.com

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 the accuracy of this press release.

Not for distribution in the United States.

Caution concerning forward-looking information
This news release may contain forward-looking statements that are based on the Company’s expectations, estimates and projections regarding its business and the economic environment in which it operates. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements. Statements speak only as of the date on which they are made, and the Company undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances, unless otherwise required by law.

February 17, 2015: New Carolin Gold Issues Shares for Debt

White Rock, B.C. — February 17, 2015: New Carolin Gold Corp. (the “Company” or “New Carolin”) (TSX-V: LAD) announces that the Company has received TSX Venture Exchange approval for and completed the shares-for-debt transactions originally announced February 11, 2015.

The Company has paid interest totaling $81,849 accrued to December 31, 2014 on both its 2011 and 2012 Term Loans to its various holders by way of the issuance of 1,636,976 common shares of the Company at a deemed price of $0.05 per common share. Securities issued pursuant to the shares-for-debt transactions are subject to a four month plus one day hold period from their date of issue.

About New Carolin Gold Corp.
New Carolin Gold Corp. is a Canadian-based junior company focused on the exploration, evaluation and development of 144 square kilometers of contiguous mineral claims, collectively known as the Ladner Gold Project. The Project is a short drive from Vancouver, British Columbia in the prospective and under-explored Coquihalla Gold Belt, which is host to several historic small gold producers, including the Carolin Mine, Emancipation Mine, Pipestem Mine, Aurum Mine, and numerous gold prospects. For further Company and technical information, please visit the Company’s website at www.newcarolingold.com.

ON BEHALF OF THE BOARD OF DIRECTORS
“Robert L. Thast”
President & Chief Executive Officer
Phone: 778.294.1411
Cell: 604.220.5031
E-mail: ceo@newcarolingold.com
Web site: www.newcarolingold.com

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 the accuracy of this press release. We seek Safe Harbor.

Not for distribution in the United States.

Caution concerning forward-looking information
This news release may contain forward-looking statements that are based on the Company’s expectations, estimates and projections regarding its business and the economic environment in which it operates. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements. Statements speak only as of the date on which they are made, and the Company undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances, unless otherwise required by law.

February 13, 2015: New Carolin Gold Corp. Announces Non-Brokered Private Placement Of Convertible Debentures

Vancouver, B.C., February 13, 2015: New Carolin Gold Corp. (the “Company”)(LAD:TSX.V) is pleased to announce that, subject to regulatory approval, it intends to complete a non-brokered private placement (the “Private Placement”) of convertible debentures for between $2,000,000 – $2,500,000. The debentures will have a term of 2 years at an interest rate of 4% per annum and will be convertible into units at the rate of $0.07 per unit. Each unit will consist of one common share and one common share purchase warrant. Each warrant will be exercisable for twenty four months from the date of issue of the debentures and will entitle the holder to purchase one additional common share of the Company at a price of $0.15 per share. The debentures will be secured by a charge against the Company’s portion of any earnings received from the retreatment of the tailings resource currently located at the Ladner Gold project.

A finder’s fee may be paid in conjunction with this offering. The proceeds of this Private Placement will be used to fund the Company’s development plans for its Ladner Gold project and general working capital purposes. Shares issued pursuant to the exercise of the warrants will be subject to a four-month hold period from the date of issue of the debentures in accordance with applicable securities laws and, if required, the policies of the TSX Venture Exchange.

The Company is also pleased to announce that it has engaged Beckett Wealth Management Inc (“BWM”) to advise it on the marketing of the Private Placement. However, BWM is not and will not be acting as the Company’s agent in respect of the Private Placement nor will BWM be providing any due diligence services in relation to the Private Placement. BWM will also not be making any recommendations with respect to the Company or the Private Placement to any investor or potential investors and BWM has no obligations or responsibilities in respect of the Private Placement and completion of the Private Placement is the responsibility of the Company.

In addition, but subject to completing the Private Placement in order to obtain the necessary funds to meet its obligations, the Company will further engage BWM for a period of 2 years (if $2,000,000 is raised) or 3 years (if $2,500,000 is raised) to provide “Consulting Services” a rate of $5,000 per month.

The Consulting Services will include geological, financial, and project management support to be provided by Mr. Jim Steel, MBA P.Geo on behalf of BWM. Mr Steel is the Executive Director, Investment Research at BWM and the founder and Managing Director of Mining Insights Inc. since 1999, an independent analytical firm specializing in value-driven asset analysis for private and institutional investors, as well as resource calculations and financial analysis for mining studies. Prior to Mining Insights he was VP and Portfolio Manager for TD Asset Management with co-manager responsibilities for the TD Greenline Precious Metals and Resource Funds, and initial investment analysis for all Funds for Latin America, Africa, and Australia. Prior to that, he was Senior Mining Analyst at Newcrest Capital Inc. in Toronto, and Mining Analyst at Ord Minnett Stockbrokers Ltd, in London, UK. He is a Professional Geoscientist in Ontario and, as a geologist, played an integral role in the discovery of the Ujina Copper Deposit in Chile, now in production.

Finally and again subject to completion of the Private Placement, the Company will engage Streetwise Investors Club to provide an investor exposure program for a period of 2 years (if $2,000,000 is raised) or 3 years (if $2,500,000 is raised) at a rate of $64,849 per annum.

Through Streetwise the Company has been approved for inclusion in the Richmond Index (www.richmondclub.com ) by its analyst Greg Beckett who is also a Chartered Investment Manager with BWM. The Richmond Index, which is maintained by the Richmond Club, has outperformed the Toronto Venture Exchange by an average of over 25% per year since its inception ten years ago.

Upon the closing of this financing, the Company will enter the Richmond Index and receive the following investor exposure:

  • Every six months, the Company will make a presentation in Toronto to an audience of 25-30 Richmond Club members who are a mix of Investment Advisors, fund managers and analysts. An internet video of these presentations will be created which is synchronized with PowerPoint slides so that the internet audience can see exactly what the live audience sees.
  • A link to this video will be placed on the Richmond Club website, emailed to all of the Richmond Club members and provided to the Company so it can be included at the bottom of press releases and added to the Company’s website. The Richmond Club website statistics show an average of an additional 200 to 500 potential investors watch each video within thirty days of each presentation.

Twice annually, Streetwise will engage BWM to write a research report about the Company. This report will also be posted on the BWM and Richmond Club websites and will be emailed to all of the Richmond Club members.

Streetwise will also provide a press release dissemination and SEDAR filing service for an unlimited number of press releases per month, which will include distribution points through Bloomberg, Star Quote, Dow Jones News wires, etc.

About New Carolin Gold Corp.
New Carolin Gold Corp. is a Canadian-based junior company focused on the exploration, evaluation and development of 144 square kilometers of contiguous mineral claims, collectively known as the Ladner Gold Project. The Project is a short drive from Vancouver, British Columbia in the prospective and under-explored Coquihalla Gold Belt, which is host to several historic small gold producers, including the Carolin Mine, Emancipation Mine, Pipestem Mine, Aurum Mine, and numerous gold prospects. For further Company and technical information, please visit the Company’s website at www.newcarolingold.com.

ON BEHALF OF THE BOARD OF DIRECTORS
“Robert L. Thast”
President & Chief Executive Officer
Cell: 604-220-5031
Bus: 778.294.1411
E-mail: ceo@newcarolingold.com
Web site: www.newcarolingold.com

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 the accuracy of this press release. We seek Safe Harbor.

Not for distribution in the United States.

Caution concerning forward-looking information
This news release may contain forward-looking statements that are based on the Company’s expectations, estimates and projections regarding its business and the economic environment in which it operates. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements. Statements speak only as of the date on which they are made, and the Company undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances, unless otherwise required by law.

February 11, 2015: New Carolin Extends Debentures on Revised Terms, Settles Interest by Shares for Debt

White Rock, B.C. — February 11, 2015: New Carolin Gold Corp. (the “Company” or “New Carolin”) (TSXV: LAD)announces that the Company has entered into extension agreements to the Convertible Debentures that matured on July 31, 2014 and on September 27, 2013 with further amended terms to those previously announced on August 27, 2014, and that outstanding interest on each of the Convertible Debentures as at December 31, 2014 will be settled by shares-for-debt transactions.

As reported August 27, 2014, the Company has the following Convertible Debentures outstanding:

1. Multiple Non-Transferable Unsecured Convertible Debentures (the “2012 Term Loans”) in the total principal amount of $415,000 that matured on July 31, 2014, on which no principal has been repaid.

2. A Non-Transferable Secured Convertible Debenture (the “2011 Term Loan”) in the principal amount of $200,000 that matured on September 27, 2013. Principal in the amount of $63,000 has been paid, leaving an unpaid balance of $137,000 outstanding.

The agreements to amend both Convertible Debentures include the following terms:

— An issue date of January 1, 2015, with a Maturity date of December 31, 2016, being an extension of a minimum 24 months from the original maturity dates
— 13% interest payable semi-annually
— Holders can convert the Convertible Debenture into units (the “Unit”) at a conversion price of $0.05 per Unit until December 31, 2015 and $0.10 per Unit thereafter until Maturity. Each Unit will consist of one common share and one common share purchase warrant (the “Warrant”), each Warrant exercisable to acquire one additional common share of the Company at a price of $0.05 per common share until Maturity
— Security has now been granted to holders of the 2012 Term Loans by way of a General Security Agreement (“GSA”) against all of the Company’s present and after acquired personal property, which GSA will rank in second position to that of the 2011 Term Loan holder.

Shares-for-Debt Transactions
In addition, the Company has made application to pay the interest accrued to December 31, 2014 on both the 2011 and 2012 Term Loans by way of the issuance of common shares of the Company in shares-for-debt transactions. Accrued interest totaling $81,849 will be settled with the various Holders by way of the issuance of 1,636,976 common shares of the Company at a deemed price of $0.05 per common share.

Securities issued pursuant to the Convertible Debentures and to the shares-for-debt transactions will be subject to a four month plus one day hold period from their date of issue.

About New Carolin Gold Corp.
New Carolin Gold is a Canadian-based junior company focused on the exploration, evaluation and development of our strategic 144 sq. kms of contiguous mineral claims, collectively known as the Ladner Gold Project. The project is located near Hope, BC, in the prospective and under-explored Coquihalla Gold Belt, which is host to several historic small gold producers including the Carolin Mine, Emancipation Mine, Pipestem Mine and numerous gold prospects.

For additional information, please visit the Company’s website at www.newcarolingold.com.

ON BEHALF OF THE BOARD OF DIRECTORS
“Robert L. Thast”
President & Chief Executive Officer
Phone: 778.294.1411
Cell: 604.220.5031
E-mail: ceo@newcarolingold.com
Website: www.newcarolingold.com

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 the accuracy of this press release. We seek Safe Harbor.

Caution concerning forward-looking information
This news release may contain forward-looking statements that are based on the Company’s expectations, estimates and projections regarding its business and the economic environment in which it operates. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements. Statements speak only as of the date on which they are made, and the Company undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances, unless otherwise required to do so by law.

January 14, 2015: New Carolin Gold Announces Extension of Purchase Agreement Termination Date to April 15, 2015

White Rock, B.C. — January 14, 2015: New Carolin Gold Corp. (the “Company” or “New Carolin”) (TSX-V: LAD)announces that, further to its December, 2014 press release announcing the granting of a vesting order to permit Century Mining Corporation’s (“Century”) Receiver to complete the sale of Century’s interest in the Ladner Gold Project to New Carolin, the Company and the Receiver have agreed to extend to April 15, 2015 the date on which the purchase agreement will terminate if the closing conditions are not satisfied or another extension is agreed to by the parties.

Completion of the transaction pursuant to the purchase agreement is subject to the Company and the Receiver meeting certain closing conditions, which include but are not limited to the following:

a) the exercise by Century’s receiver of the Tamerlane Option;
b) the Company completing a $2,000,000 financing (debt, equity, asset sale or a combination thereof) to fund further development of the project and the operations of the Company;
c) the Company making certain arrangements with some of its creditors to extend due dates to at least July 15, 2015 and to settle at least $500,000 of its existing accounts payable; and
d) receipt of approval of the transaction from the securities regulators having jurisdiction, including the TSX Venture Exchange.

The Company is currently pursuing several financial sources to enable it to meet the closing conditions of the purchase agreement.

About New Carolin Gold
New Carolin Gold is a Canadian-based junior company focused on the exploration, evaluation and development of our strategic 144 square kilometers of contiguous mineral claims, collectively known as the Ladner Gold Project. The project is a short drive from Vancouver, British Columbia, in the prospective and under-explored Coquihalla Gold Belt, which is host to several historic small gold producers including the Carolin Mine, Emancipation Mine, Pipestem Mine and numerous gold prospects. For further Company and technical information, please visit the Company’s website at www.newcarolingold.com.

ON BEHALF OF THE BOARD OF DIRECTORS
“Robert L. Thast”
President & Chief Executive Officer
Phone: 778.294.1411
Cell: 604-220-5031
E-mail: ceo@newcarolingold.com
Web site: www.newcarolingold.com

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 the accuracy of this press release.

We seek Safe Harbor.

Not for distribution in the United States.

Caution concerning forward-looking information
This news release may contain forward-looking statements that are based on the Company’s expectations, estimates and projections regarding its business and the economic environment in which it operates. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements. Statements speak only as of the date on which they are made, and the Company undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances, unless otherwise required by law.

January 09, 2015: New Carolin Gold Corp. Announces Additions to Management.

White Rock, B.C. – January 9, 2015: New Carolin Gold Corp. (the “Company” or “New Carolin”) (TSXV: LAD) is pleased to announce that Mr. Bob Singh P.Geo has been engaged as a consultant and will manage future exploration and development at the Company’s Ladner Creek Gold Project. Mr. Ken Holmes LLB has taken an active role in the day to day operations of the Company and accepted the role of Corporate Secretary.

Mr. Bob Singh received his B.Sc. in Economic Geology at the University of British Columbia in 1991 and has worked in the mineral exploration industry for over 24 years. He is a registered Professional Geologist who provides exploration services to mining companies, primarily in North America, and is an active field geologist. Bob has considerable experience working in British Columbian sedimentary based geology and the mineralization environment of the Ladner Gold project in particular. Bob will also act as the Company’s Qualified Person for the purposes of NI 43-101. In addition to his work as an exploration geologist Bob has developed and implemented new computer technologies for recording geological data and has a unique set of skills required to interpret and model a wide range of geological exploration data. He recently completed a 3D geological model of the existing resources at the Idaho (Carolin Mine) and McMaster Zones, the highlights of which will be posted on the Company’s website in the coming weeks.

As of January 1, 2015, Mr. Kenneth Holmes LLB, a director of the Company since March 31, 2014, has joined the management team and taken an active role in the day to day operations of the Company and will serve as Corporate Secretary. Mr. Holmes has over twenty five years of experience acting for or managing publicly traded companies, most often in the mineral exploration sector.

The Company also announces that Mr. Tim Mikula has joined the Company as Corporate Development Manager. Mr. Mikula spent the past 8 years with Red Star Gold Corp. in the same capacity and been active in this area of the public markets for the past 18 years.

In support of new management and technical advisors joining the Company 850,000 stock options are being granted, including 200,000 being granted to a director of the Company. All such options will have an exercise price of $0.05 per share with a five year term, subject to regulatory approval.

About New Carolin Gold
New Carolin Gold is a Canadian-based junior company focused on the exploration, evaluation and development of 144 square kilometers of contiguous mineral claims, collectively known as the Ladner Gold Project. The Project is a short drive from Vancouver, British Columbia in the prospective and under-explored Coquihalla Gold Belt, which is host to several historic small gold producers including the Carolin Mine, Emancipation Mine, Pipestem Mine and numerous gold prospects. For further Company and technical information, please visit the Company’s website at www.newcarolingold.com.

ON BEHALF OF THE BOARD OF DIRECTORS

“Robert L. Thast”
President & Chief Executive Officer
Cell: 604-220-5031
Bus: 778.294.1411
E-mail: ceo@newcarolingold.com
Web site: www.newcarolingold.com

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 the accuracy of this press release.

We seek Safe Harbor.

Not for distribution in the United States.

Caution concerning forward-looking information
This news release may contain forward-looking statements that are based on the Company’s expectations, estimates and projections regarding its business and the economic environment in which it operates. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements. Statements speak only as of the date on which they are made, and the Company undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances, unless otherwise required by law.

December 19, 2014: New Carolin Gold Closes $220,000 Private Placement

White Rock, B.C. — December 19, 2014: New Carolin Gold Corp. (the “Company” or “New Carolin”) (TSXV: LAD) announces that it has closed its non-brokered private placement of 4,400,000 Units in the capital of the Company at a price of $0.05 per Unit for gross proceeds of $220,000. Each Unit consists of one Common Share and one Common Share Purchase Warrant, with each Warrant exercisable to acquire one additional Common Share of the Company at any time for a 12-month period from the date of issuance at a price of $0.10 per share. A director and officer of the Company subscribed for 200,000 Units for an investment of $10,000. The Company paid finder’s fees of $17,000 on portions of the placement.

The securities issued under this private placement will be subject to a four-month plus one day hold period.

The proceeds from the sale of the Units will be used for general corporate purposes.

About New Carolin Gold Corp.
New Carolin Gold is a Canadian-based junior company focused on the exploration, evaluation and development of our strategic 144 sq. kms of contiguous mineral claims, collectively known as the Ladner Gold Project. The project is located near Hope, BC, in the prospective and under-explored Coquihalla Gold Belt, which is host to several historic small gold producers including the Carolin Mine, Emancipation Mine, Pipestem Mine and numerous gold prospects.

For additional information, please visit the Company’s website at www.newcarolingold.com.

ON BEHALF OF THE BOARD OF DIRECTORS

“Robert L. Thast”
President & Chief Executive Officer
Phone: 778.294.3211
Cell: 604.220.5031
E-mail: ceo@newcarolingold.com
Website: www.newcarolingold.com

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 the accuracy of this press release. We seek Safe Harbor.

Not for distribution in the United States.

Caution concerning forward-looking information
This news release may contain forward-looking statements that are based on the Company’s expectations, estimates and projections regarding its business and the economic environment in which it operates. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements. Statements speak only as of the date on which they are made, and the Company undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances, unless otherwise required to do so by law.

December 16, 2014: Quebec and Ontario Vesting Orders Granted Approving Acquisition of 100% Ownership of the Carolin Mine and Ladner Gold Project by New Carolin Gold Corp.

White Rock, B.C. — December 16, 2014: New Carolin Gold Corp. (the “Company” or “New Carolin”) (TSX-V: LAD) announces that, further to its August 27, 2014 press release, a vesting order was granted by the Quebec Superior Court on December 2, 2014 in the Century Mining Corporation (“Century”) receivership proceedings to permit the receiver to complete the acquisition agreement announced on August 27, 2014 pursuant to which the Company has the right to acquire all remaining ownership interests in and to the Carolin Mine and the 144 sq kilometer Ladner Gold Project.

The Quebec Court Vesting Order follows the recent granting of an Ontario Court Vesting Order in the Tamerlane Ventures Ltd. (“Tamerlane”) receivership proceedings permitting Tamerlane’s receiver to sell its interests in the project to Century pursuant to an outstanding option (the “Tamerlane Option”) in order that Century can transfer that interest to the Company pursuant to the acquisition agreement. Tamerlane and Century are the two remaining owners of interests in the project in addition to the Company. Both Vesting Orders are conditions of closing of the acquisition agreement.

Upon completion of the acquisition agreement the Company will have acquired 100% ownership of the Carolin Mine and Ladner Gold Project, which will be the first time in over a decade that title to the project has not been split among multiple parties. In addition to the Vesting Orders, completion of the purchase pursuant to the acquisition agreement is subject to the Company and Century’s receiver meeting certain closing conditions, which include but are not limited to the following:

a) the exercise by Century’s receiver of the Tamerlane Option;
b) the Company completing a $2,000,000 financing (debt, equity, asset sale or a combination thereof) to fund further development of the project and the operations of the Company;
c) the Company making certain arrangements with some of its creditors to extend due dates to at least July 15, 2015 and to settle at least $500,000 of its existing accounts payable; and
d) receipt of approval of the transaction from the securities regulators having jurisdiction, including the TSX Venture Exchange.

The purchase price set out in the acquisition agreement is, at the Company’s option, either

(a) the lesser of:

(i) 20,000,000 common shares in the capital of the Company; and
(ii) that number of common shares in the capital of the Company which immediately after issue and together with any other shares of the Company then held by the receiver, if any, are equal to 19.9% of the common shares in the capital of the Company then issued and outstanding; or

(b) the aggregate of the following:

(i) $1,500,000 in cash;
(ii) at the option of the receiver up to $250,000 in cash in consideration of the purchase of shares of the Company then held by the receiver either by the Company or by a third party acquiror to be identified by the Company, whichever is the case, at a price of $0.10 per share; and
(iii) 5,000,000 common shares in the capital of the Company;

plus the Company

c) granting the receiver a 2% net smelter return in the project, all of which may be repurchased in whole or in part at any time prior to the first anniversary of the closing for $2.25 million per percentage point;

d) an amount equal to 35% of the profits earned and received by the Company from the sale of gold obtained by the Company reprocessing the tailings presently existing on the property; and

e) assuming all obligations of Century in respect of the Ladner Gold Project not expunged by the Vesting Order in Century’s receivership proceedings.

The Company is also obligated to pay Century’s receiver $200,000 to enable it to exercise the Tamerlane Option and thereafter transfer Tamerlane’s interest in the project to the Company.

It should be noted the Company had a prior agreement with Century in 2011, which required notably the Company make payments totalling $5 million over a three year period. Century went into receivership in May, 2012 and the prior agreement was never fully consummated. Under this new acquisition agreement, all capital raised, other than the $200,000 necessary to exercise the Tamerlane Option, will be utilized to advance the property. Of the $2.0 million the Company must raise to meet the closing condition, the Company plans to use $1.5 million for drilling and development, $200,000 to acquire Tamerlane’s interests and a portion for G&A. Aside from the payment to exercise the Tamerlane option there are no cash payments required under the acquisition agreement. However, should the Company be successful in raising more than the $2.0 million required to meet the closing conditions, management may consider exercising its option in respect of the purchase price as described above.

The Company is currently pursuing several financial sources to enable it to meet the closing conditions of the acquisition agreement.

About New Carolin Gold Corp.
New Carolin Gold is a Canadian-based junior company focused on the exploration, evaluation and development of our strategic 144 square kilometers of contiguous mineral claims, collectively known as the Ladner Gold Project. The project is a short drive from Vancouver, British Columbia, in the prospective and under-explored Coquihalla Gold Belt, which is host to several historic small gold producers including the Carolin Mine, Emancipation Mine, Pipestem Mine and numerous gold prospects. For further Company and technical information, please visit the Company’s website at www.newcarolingold.com.

ON BEHALF OF THE BOARD OF DIRECTORS

“Robert L. Thast”
President & Chief Executive Officer
Phone: 778.294.3211
E-mail: ceo@newcarolingold.com
Web site: www.newcarolingold.com

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 the accuracy of this press release. We seek Safe Harbor.

Not for distribution in the United States.

Caution concerning forward-looking information
This news release may contain forward-looking statements that are based on the Company’s expectations, estimates and projections regarding its business and the economic environment in which it operates. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements. Statements speak only as of the date on which they are made, and the Company undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances, unless otherwise required by law.

November 19, 2014: New Carolin Gold Announces Change to its Board of Directors

White Rock, B.C. — November 19, 2014: New Carolin Gold Corp. (the “Company” or “New Carolin”) (TSX-V: LAD) is pleased to announce changes to its Board of Directors.

The Company welcomes Mr. David Martin to the board of directors of New Carolin Gold Corp. Mr. Martin has been a successful, self employed businessman for over 30 years and is one of the Company’s largest shareholders and secured debenture holders. He has also been instrumental in assisting the Company with debt and equity financings since early 2011. Mr. Martin brings a strong network of business relationships and financial contacts to the Company and he will continue to assist the Company with financing and business initiatives going forward.

The Company also announces that Mr. Peter Ball has resigned as an officer and director of the Company effective November 13th 2014. The Company wishes to thank Mr. Ball for his services in this regard.

About New Carolin Gold Corp.
New Carolin Gold is a Canadian-based junior company focused on the exploration, evaluation and development of our strategic 144 sq. kms of contiguous mineral claims, collectively known as the Ladner Gold Project. The project is a short drive from Vancouver, British Columbia, in the prospective and under-explored Coquihalla Gold Belt, which is host to several historic small gold producers including the Carolin Mine, Emancipation Mine, Pipestem Mine and numerous gold prospects.

For further Company and technical information, please visit the Company’s website at www.newcarolingold.com.

ON BEHALF OF THE BOARD OF DIRECTORS

“Robert L. Thast”
Chief Executive Officer
Phone: 778.294.3211
Cell: 604.220.5031
E-mail: ceo@newcarolingold.com
Web site: www.newcarolingold.com

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 the accuracy of this press release. We seek Safe Harbor.

Not for distribution in the United States.

Caution concerning forward-looking information
This news release may contain forward-looking statements that are based on the Company’s expectations, estimates and projections regarding its business and the economic environment in which it operates. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements. Statements speak only as of the date on which they are made, and the Company undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances, unless otherwise required to do so by law.

October 08, 2014: New Carolin Gold Clarifies Disclosure

White Rock, B.C. — October 7, 2014: New Carolin Gold Corp. (the “Company” or “New Carolin”) (TSX-V: LAD).As a result of a review by the British Columbia Securities Commission, we are issuing the following news release to clarify our disclosure.

On March 14, 2012 the Company issued a press release announcing the results of a preliminary economic assessment of a proposal to reclaim and reprocess the tailings located in the tailings impoundment at the Company’s Ladner Gold Project, which was prepared by and for a third party. Unfortunately, the preliminary economic assessment was never properly completed by a qualified person (as defined in NI 43-101), rendering the Company unable to file an NI 43-101 compliant technical report in support of it. Therefore, the Company hereby retracts the information contained in the March 14, 2012 news release and any other reference to the preliminary economic assessment in any other of the Company’s filings, announcements or its website and cautions that such information is not and cannot be supported by a technical report and thus should not be relied upon.

In addition, the Company’s Ladner Gold Project contains three deposits that have been the subject of mineral resource estimates which are not currently supported by a technical report in compliance with NI 43-101. Therefore, the estimates should not be relied upon until a valid and compliant report is prepared and filed.

To address the foregoing, the Company is preparing and intends to file an updated technical report. Until that is complete, readers of the Company’s disclosure record are cautioned to view same only in the context of the foregoing comments and not rely on any statements regarding economic analysis of the tailings project.

About New Carolin Gold Corp.

New Carolin Gold is a Canadian-based junior company focused on the exploration, evaluation and development of our strategic 144 square kilometers of contiguous mineral claims, collectively known as the Ladner Gold Project. The project is a short drive from Vancouver, British Columbia, in the prospective and under-explored Coquihalla Gold Belt, which is host to several historic small gold producers including the Carolin Mine, Emancipation Mine, Pipestem Mine and numerous gold prospects. For further Company and technical information, please visit the Company’s website at www.newcarolingold.com.

ON BEHALF OF THE BOARD OF DIRECTORS

“Robert L. Thast” / “Peter A. Ball”
President & Chief Executive Officer / Executive Chairman & Director
Phone: 778.294.3211
E-mail: ceo@newcarolingold.com / E-mail: peter@newcarolingold.com
Web site:www.newcarolingold.com

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 the accuracy of this press release. We seek Safe Harbor.

Not for distribution in the United States.
This news release may contain forward-looking statements that are based on the Company’s expectations, estimates and projections regarding its business and the economic environment in which it operates. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements. Statements speak only as of the date on which they are made, and the Company undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances, unless otherwise required to do so by law.

August 27, 2014: New Carolin Provides Update on Financings

White Rock, B.C. — August 27, 2014: New Carolin Gold Corp. (the “Company” or “New Carolin”) (TSX-V: LAD)announces that the Company proposes amended terms of Convertible Debentures that matured on July 31, 2013 and on September 27, 2013. The new terms and conditions are subject to acceptance by the holders of the Convertible Debentures and to TSX Venture Exchange approval.

The Company has the following Convertible Debentures outstanding:

1. Multiple Non-Transferable Secured Convertible Debentures (the “2012 Term Loans”) in the total principal amount of $415,000 that matured on July 31, 2013. No principal has been repaid.

2. A Non-Transferable Secured Convertible Debenture (the “2011 Term Loan”) in the principal amount of $200,000 that matured on September 27, 2013. Principal in the amount of $63,000 has been paid, leaving an unpaid balance of $137,000 outstanding.

The proposals to extend and modify both Convertible Debentures, which are secured by all of the Company’s present and after acquired personal property, have been amended to include the following terms:

1. 2012 Term Loans

  • The new Convertible Debenture will have an issue date of September 1, 2014, with a maturity date of August 31, 2016.
  • Secured through a General Security Agreement against the assets of the Company.
  • 13% interest payable semi annually.
  • The Holders can convert the Convertible Debenture into Units (the “2012 Unit”) at a conversion price of $0.05 per 2012 Unit. Each 2012 Unit will consist of one Common Share and one Common Share Purchase Warrant (the “2012 Warrant”). Each 2012 Warrant will be exercisable to acquire one additional Common Share of the Company at an exercise price of $0.07 per Common Share up to August 31, 2015; and thereafter converted at $0.07 per 2012 Unit with the 2012 Warrant excisable at $0.10 per Common Share up to the maturity date of August 31, 2016.

2. 2011 Term Loan

  • The new convertible debenture will have an issue date of September 1, 2014, with a maturity of August 31, 2016.
  • Secured through a General Security Agreement against the assets of the Company.
  • 13% interest payable semi annually.
  • The Holders can convert the Convertible Debenture into Units (the “2011 Unit”) at a conversion price of $0.05 per 2011 Unit. Each Unit will consist of one Common Share and one Common Share Purchase Warrant (the “2011 Warrant”). Each 2011 Warrant will be exercisable to acquire one additional Common Share of the Company at an exercise price of $0.07 per Common Share up to August 31, 2015; and thereafter converted at $0.07 per 2011 Unit with the 2011 Warrant excisable at $0.10 per Common Share up to the maturity date of August 31, 2016.

Non-Brokered Private Placement of Units

The Company also announces today that, subject to regulatory approval, it intends to complete a non-brokered private placement of up to 4,000,000 units at a price of C$0.05 per unit for gross proceeds of up to C$200,000. Each unit will consist of one common share and one common share purchase warrant. Each warrant will be exercisable to acquire one additional common share of the Company at any time for a 12-month period from the date of issuance, at an exercise price of C$0.10 per share. The Company may pay a finder’s fee in respect of certain investors introduced to the Company of up to 10% of the gross proceeds of the private placement in cash.

The securities issued under this private placement will be subject to a four-month hold period. The private placement is expected to close by September 30, 2014.

The proceeds from the sale of the units will be used for general corporate purposes.

About New Carolin Gold Corp.
New Carolin Gold is a Canadian-based junior company focused on the exploration, evaluation and development of our strategic 144 sq. kms of contiguous mineral claims, collectively known as the Ladner Gold Project. The project is a short drive from Vancouver, British Columbia, in the prospective and under-explored Coquihalla Gold Belt, which is host to several historic small gold producers including the Carolin Mine, Emancipation Mine, Pipestem Mine and numerous gold prospects.

For further Company and technical information, please visit the Company’s website at www.newcarolingold.com.

ON BEHALF OF THE BOARD OF DIRECTORS
“Robert L. Thast”
Interim President & Chief Executive Officer
Phone: 778.294.3211
Cell: 604.220.5031
E-mail: ceo@newcarolingold.com
Web site: www.newcarolingold.com

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 the accuracy of this press release. We seek Safe Harbor.

Not for distribution in the United States.

Caution concerning forward-looking information
This news release may contain forward-looking statements that are based on the Company’s expectations, estimates and projections regarding its business and the economic environment in which it operates. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements. Statements speak only as of the date on which they are made, and the Company undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances, unless otherwise required to do so by law.

August 27, 2014: New Carolin Makes Agreement to Purchase Remaining 90% of Carolin Mine and Adjacent Ladner Gold Properties

White Rock, B.C. — August 27, 2014: New Carolin Gold Corp. (the “Company” or “New Carolin”) (TSX-V: LAD)is pleased to announce that, subject to the approval of the Québec Superior Court in the receivership proceedings of Century Mining Corporation (“CMC”), New Carolin has entered into an acquisition agreement with the receiver to the assets of CMC, acting on behalf of CMC (collectively the “Vendor”), to purchase the remaining 90% interest in the Carolin Mine and related mining properties in the Hope area of British Columbia, Canada known as the Ladner Gold Project for, at the Company’s option, either

(a) the lesser of:

(i) 20,000,000 common shares in the capital of the Company; and

(ii) that number of common shares in the capital of the Company which immediately after issue and together with any other shares of the Company then held by the Vendor, if any, equal to 19.9% of the common shares in the capital of the Company then issued and outstanding; or

(b) the aggregate of the following:

(i) $1,500,000 in cash; and

(ii) at the option of the Vendor up to $250,000 in cash in consideration of the purchase of shares of the Company held by the Vendor either by the Company or by a third party acquiror to be identified by the Company, whichever the case, at a price of $0.10 per share; and

(iii) 5,000,000 common shares in the capital of the Company;

plus the Company

c) granting the vendor a 2% net smelter return in the project, of which may be repurchased in whole or in part at any time prior to the first anniversary of the closing for $2.25 million per percentage point;

d) an amount equal to 35% of the profits earned and received by New Carolin from the sale of gold obtained by New Carolin reprocessing the tailings presently existing on the property; and

e) assuming all obligations of the Vendor in respect of the Ladner Gold Project not expunged by a vesting order in CMC’s receivership proceedings.

Completion of the purchase pursuant to the acquisition agreement is subject to the Company and the Vendor meeting certain closing conditions pursuant to the agreement, which include but are not limited to the following:

a) issuance of an approval and vesting order by the Québec Superior Court in the CMC receivership proceedings approving the acquisition agreement and vesting the property in the Company;

b) the exercise by the Vendor of an option to purchase from a third party a remaining interest in the Carolin Mine with a view to transfer it to the Company at closing, and for which the issuance of an approval and vesting order from the Ontario Superior Court of Justice will also be requested;

c) the Company completing a $2,000,000 financing to fund further development of the project and the operations of the Company; and

d) the Company making certain arrangements with some of its creditors to extend due dates to at least July 15, 2015 and to settle at least $500,000 of its existing accounts payable; and

e) receipt of approval of the transaction from the securities regulators having jurisdiction, including the TSX Venture Exchange.

The Company is engaged in the evaluation and development of several gold properties collectively known as the “Ladner Gold Project”. These properties are located in southwestern British Columbia, Canada and encompass the Carolin Mine, a former underground gold producer from 1982 – 1984, the Emancipation Mine (an intermittent small gold producer from 1916 – 1941), the Pipestem Mine (intermittent small gold producer from 1935 – 1937), and numerous other gold prospects situated along 18 kilometers of the under-explored Coquihalla Gold Belt.

“New Carolin has been working towards the consolidation of this significant gold district for a number of years and believes the property will one day yield a new major mining camp. Completing on this new agreement will give the Company 100% control of this exciting northwest trending gold belt, where five previous small mines operated over the past 100 years. The property not only has extensive infrastructure including proximity to rail, roads, power, ports, and manpower, but contains numerous gold showings along the 30 kilometer strike length with minimal historical exploration.” commented Robert L. Thast, President and CEO of New Carolin. “We look to push forward on a near-term exploration and development program on the Ladner Gold Project, and to secure a strategic partner to further advance the project and hopefully bring it closer to a production scenario again.”

Full terms of the new agreement and strategic direction of the Company will be announced following receipt of the approval and vesting order from the Québec Superior Court and having been filed on Sedar.

About New Carolin Gold Corp.
New Carolin Gold is a Canadian-based junior company focused on the exploration, evaluation and development of our strategic 144 square kilometers of contiguous mineral claims, collectively known as the Ladner Gold Project. The project is a short drive from Vancouver, British Columbia, in the prospective and under-explored Coquihalla Gold Belt, which is host to several historic small gold producers including the Carolin Mine, Emancipation Mine, Pipestem Mine and numerous gold prospects. For further Company and technical information, please visit the Company’s website at www.newcarolingold.com.

ON BEHALF OF THE BOARD OF DIRECTORS
“Robert L. Thast” / “Peter A. Ball”
President & Chief Executive Officer / Executive Chairman & Director
Phone: 778.294.3211
E-mail: ceo@newcarolingold.com / E-mail: peter@newcarolingold.com
Web site:www.newcarolingold.com

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 the accuracy of this press release. We seek Safe Harbor.

Not for distribution in the United States.

Caution concerning forward-looking information
This news release may contain forward-looking statements that are based on the Company’s expectations, estimates and projections regarding its business and the economic environment in which it operates. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements. Statements speak only as of the date on which they are made, and the Company undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances, unless otherwise required to do so by law.

June 12, 2014: New Carolin Gold Appoints New CFO and Technical Advisor

June 12, 2014: New Carolin Gold Corp. (the “Company” or “New Carolin”) (TSX-V: LAD) is pleased to announce the addition of D. Barry Lee as the Company’s new Chief Financial Officer and Kristian Whitehead, P.Geo as a Technical Advisor to the Board of Directors.

“We are pleased to add Mr. Lee and Mr. Whitehead in this critical time of building our team at New Carolin. Mr. Lee brings over 20 years of financial experience in the resource sector, and will work closely with the executive team on all strategic planning initiatives for the Ladner Gold property,” commented New Carolin Interim President and CEO Robert Thast. “We also look forward to Mr. Whitehead’s contributions going forward. His geological and technical experience will play a key role in the success of our future exploration and resource expansion programs at the Ladner Gold property.”

Barry Lee has extensive experience in resource sector senior management, and has provided strategic planning, corporate governance, and M&A expertise for both public and private companies for the past twenty years. His former engagements include: co-founder and former Co-Chairman of Canadian Phoenix Resources Corp., co-founder and former Chief Operating Officer of Choice Resources Corp., now part of Twin Butte Energy; and a co-founder and the former president and CEO of Watch Resources Ltd. He is currently a director and/or officer of the TSX Venture Exchange-listed companies Athabasca Uranium Inc., El Condor Minerals Inc., Velocity Minerals Ltd, and Argentum Silver Corp. Mr. Lee replaces Reda Akladios, who resigned to focus on other business interests. The board of directors of the Company wishes to thank Mr. Akladios for his time with the Company.

Kristian Whitehead boasts a wealth of technical, management and geological experience in all aspects of underground and surface exploration program management, mine budgeting and design. Among his credentials, he is a former Senior Project Geologist for Hawthorne Gold Corporation, former Senior Project Geologist for StrataGold Corporation and former Project and Mine Geologist for Fire River Gold Corporation. As an independent Geological Consultant, he has managed numerous strategic projects, overseeing and implementing multi-million dollar operational budgets. He has acted on behalf of several exploration and mining entities, including, Southbridge Resources, Teslin River Resources, Hunter Dickinson, Taseko Mines, Fortunate Sun Mining and Copper Creek Gold. His exploration/development assignments have spanned globally and have included projects in Guyana, Brazil, the United States – Alaska, Canada – Yukon, British Columbia, Alberta, Saskatchewan, Manitoba and NWT. Mr. Whitehead received his BSc from the University of Victoria and his P.Geo designation from the Professional Engineers and Geoscientists of B.C. (APEGBC), and is a “qualified person” as defined by National Instrument 43-101.

On June 12, 2014, subject to the approval of the TSX Venture Exchange, 65,000 stock options were issued to an officer of the Company. The stock options are exercisable into common shares of New Carolin Gold at an exercise price of C$0.05 per share. The options vest immediately and expire on June 12, 2019. New Carolin Gold’s common shares closed at C$0.03 on the TSX Venture Exchange on June 11, 2014.

About New Carolin Gold Corp.

New Carolin Gold is a Canadian-based junior company focused on the exploration, evaluation and development of our strategic 144 square kilometers of contiguous mineral claims, collectively known as the Ladner Gold Project. The project is a short drive from Vancouver, British Columbia, in the prospective and under-explored Coquihalla Gold Belt, which is host to several historic small gold producers including the Carolin Mine, Emancipation Mine, Pipestem Mine and numerous gold prospects.

For further Company and technical information, please visit the Company’s website at www.newcarolingold.com.

ON BEHALF OF THE BOARD OF DIRECTORS

“Robert L. Thast”

Interim President & Chief Executive Officer

P: 778.294.3211
C: 604.220.5031
E: ceo@newcarolingold.com
W: www.newcarolingold.com

Not for distribution in the United States.

Caution concerning forward-looking information
This news release may contain forward-looking statements that are based on the Company’s expectations, estimates and projections regarding its business and the economic environment in which it operates. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements. Statements speak only as of the date on which they are made, and the Company undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances, unless otherwise required to do so by law.

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 the accuracy of this press release. We seek Safe Harbor.

April 24, 2014: New Carolin Gold Announces Strategic Board Addition

White Rock, B.C. — April 24, 2014: New Carolin Gold Corp. (the “Company” or “New Carolin”) (TSX-V: LAD) is pleased to announce the addition of Peter A. Ball as Executive Chairman and Director, and the appointment of Graham Eacott as Corporate Secretary. Mr. Eacott is an existing board member and also Chairman of the Audit Committee.

“The New Carolin Gold executive team and board of directors are taking the necessary key steps to accelerate the advancement of the Ladner Gold Project. The appointment of Mr. Ball as the Company’s Executive Chairman is aligned with our corporate focus to complete a strategic review and understanding of the Company’s assets and their exploration and development status, and to push forward to de-risk and advance each asset component to generate value for our shareholders. Mr. Ball brings extensive hands-on mining engineering, corporate finance, and business development experience along with a high level understanding of the mining industry where we operate,” commented Robert L. Thast, Interim President and CEO of New Carolin.” I am also pleased that Mr. Eacott has accepted the position of Corporate Secretary, as he brings significant in-depth knowledge of the Company and its history as we push forward to ensure New Carolin meets all its reporting, governance and corporate expectations.”

Mr. Ball, with close to 25 years of extensive experience and leadership as a mining professional, is known to have an intense drive, passion and energy required to deliver on the market’s expectations. He has held various senior management roles with international precious metals junior mining companies in corporate finance, securities trading, mine engineering, business development, corporate communications, public relations and marketing throughout North and South America, Asia, and Europe. Mr. Ball began his career in the late 1980s working as a mining engineer, a technical representative, and in various management and senior executive roles for numerous companies including Hudson Bay Mining & Smelting, Echo Bay Mines Ltd., RBC Dominion Securities, Eldorado Gold Corp., Adriana Resources Inc., Century Mining Corp., and Argentex Mining Corp. Mr. Ball is a graduate of the Haileybury School of Mines, Georgian Business College and UBC’s Canadian Securities Course and a member of CIMM.

“I am pleased to join the New Carolin Gold team and look forward in assisting moving the Ladner Gold Project forward. I have known of the project for five years and have also built a strong relationship with the key stakeholders of the asset and Company as I continued to understand and be impressed by its untapped exploration and development potential. The project provides a compelling opportunity in today’s market, not only with its strategic location and infrastructure less than two hours drive from Vancouver, British Columbia, but in addition its advanced status with various key permits in place and available extensive underground workings on the property, and available known gold resources, both at the NI 43-101 compliant and historical stages,” stated Peter A. Ball, Executive Chairman and Director of New Carolin Gold.

“Initially we will be developing an effective strategy to fully understand each component of the asset base, and to fully understand each opportunity and take action only when and where we can add shareholder value. Our immediate goal is to close on current negotiations to acquire 100% control of the project, and concurrently maximize the potential cash flow development stage tailings pond gold resource component with interested groups. In addition, we will immediately task our technical team to put forth an exploration strategy to effectively manage and understand the significant upside of our 144 sq. kms land package within the Coquihalla Gold Belt, where multiple gold mines have operated over the past 80 years and where only recently modern geophysics has identified hidden geological structures potentially linking these previous operations together. We are taking the required steps to ensure we can meet our shareholders expectations and we will continue to deliver on our corporate guidance.”

Mr. Graham Eacott has been a director of the Company since 2007 and is Chairman of the audit committee. Mr. Eacott brings over 40 years of diversified international experience in the mining and financial industries. This includes company management and business development; corporate financings; financial analysis; investor relations; corporate governance and compliance; copper mining operations in Zambia; and consulting engineering. Prior to joining the Company, Mr. Eacott was Vice President of Investor Relations for several junior and mid-tier gold and base metals companies including Century Mining Corporation, Tamerlane Ventures Inc., and Royal Oak Mines Inc. Mr. Eacott spent four years in the investment industry as a highly ranked base metals analyst with Scotia Capital, Merrill Lynch and Maison Placements in Toronto. Graham Eacott graduated with a B.Sc. in Metallurgy from Manchester University in 1962 and a M.Sc. in Industrial Metallurgy and Management Techniques from the University of Aston in Birmingham in 1970. He is a registered P.Eng. in Ontario and a Graduate of the Canadian Securities Course. Mr. Eacott is also a director of GGL Resources Corp. and Chairman of its audit committee.

About New Carolin Gold Corp.

New Carolin Gold is a Canadian-based junior company focused on the exploration, evaluation and development of our strategic 144 sq. kms of contiguous mineral claims, collectively known as the Ladner Gold Project. The project is a short drive from Vancouver, British Columbia, in the prospective and under-explored Coquihalla Gold Belt, which is host to several historic small gold producers including the Carolin Mine, Emancipation Mine, Pipestem Mine and numerous gold prospects.

For further Company and technical information, please visit the Company’s website at www.newcarolingold.com.

ON BEHALF OF THE BOARD OF DIRECTORS

“Robert L. Thast”
Interim President & Chief Executive Officer
P: 778.294.3211
C: 604.220.5031
E: ceo@newcarolingold.com
W: www.newcarolingold.com

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 the accuracy of this press release. We seek Safe Harbor.

Not for distribution in the United States.

This news release may contain forward-looking statements that are based on the Company’s expectations, estimates and projections regarding its business and the economic environment in which it operates. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements. Statements speak only as of the date on which they are made, and the Company undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances, unless otherwise required to do so by law.

April 10, 2014: New Carolin Gold Closes C$98,500 Non-Brokered Private Placement Unit Financing and Grants Stock Options

New Carolin Gold Corp. (TSX – V: LAD) announces today that, subject to regulatory approval, it has closed a non-brokered private placement of 1,970,000 Units at a price of C$0.05 per Unit for gross proceeds of C$98,500. Each Unit will consist of one Common Share and one Common Share Purchase Warrant. Each Warrant will be exercisable to acquire one additional Common Share of the Company at any time for a 12-month period from the date of issuance, at an exercise price of C$0.05 per share. The Company paid finder’s fees of $7,700.

The securities issued under this private placement will be subject to a four-month hold period.

The proceeds from the sale of the Units will be used for general corporate purposes.

On April 10, 2014, subject to the approval of the TSX Venture Exchange, the Company granted a total of 2,200,000 stock options, of which 1,450,000 stock options were granted to directors. The stock options are exercisable into common shares of New Carolin Gold at an exercise price of C$0.05 per share. New Carolin Gold’s common shares closed at C$0.04 on the TSX Venture Exchange on April 9, 2014.

About New Carolin Gold Corp.
New Carolin Gold is a Canadian-based junior mineral exploration and development company engaged in the acquisition, exploration, evaluation and development of 144 sq kms of contiguous mineral claims, collectively known as the Ladner Gold Project, located along the prospective and under-explored Coquihalla Gold Belt located in southwestern British Columbia, which is host to several historic small gold producers including the Carolin Mine, Emancipation Mine, Pipestem Mine and numerous gold prospects.

For further Company and technical information, please visit the Company’s website at www.newcarolingold.com.

ON BEHALF OF THE BOARD OF DIRECTORS

“Robert L. Thast”
Interim President & Chief Executive Officer
Phone 778 – 294 – 3211 or cell phone: 604-220-5031
Email ceo@newcarolingold.com
Website www.newcarolingold.com

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 the accuracy of this press release. We seek Safe Harbor.

Not for distribution in the United States.

Caution concerning forward-looking information
This news release may contain forward-looking statements that are based on the Company’s expectations, estimates and projections regarding its business and the economic environment in which it operates. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements. Statements speak only as of the date on which they are made, and the Company undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances, unless otherwise required to do so by law.

April 02, 2014: New Carolin Gold Concludes Annual and Special General Meeting of Shareholders and Appoints Interim President and CEO

New Carolin Gold Corp. (TSX – V: LAD) announces today that, subject to regulatory approval, it has closed a non-brokered private placement of 1,970,000 Units at a price of C$0.05 per Unit for gross proceeds of C$98,500. Each Unit will consist of one Common Share and one Common Share Purchase Warrant. Each Warrant will be exercisable to acquire one additional Common Share of the Company at any time for a 12-month period from the date of issuance, at an exercise price of C$0.05 per share. The Company paid finder’s fees of $7,700.

The securities issued under this private placement will be subject to a four-month hold period.

The proceeds from the sale of the Units will be used for general corporate purposes.

On April 10, 2014, subject to the approval of the TSX Venture Exchange, the Company granted a total of 2,200,000 stock options, of which 1,450,000 stock options were granted to directors. The stock options are exercisable into common shares of New Carolin Gold at an exercise price of C$0.05 per share. New Carolin Gold’s common shares closed at C$0.04 on the TSX Venture Exchange on April 9, 2014.

About New Carolin Gold Corp.
New Carolin Gold is a Canadian-based junior mineral exploration and development company engaged in the acquisition, exploration, evaluation and development of 144 sq kms of contiguous mineral claims, collectively known as the Ladner Gold Project, located along the prospective and under-explored Coquihalla Gold Belt located in southwestern British Columbia, which is host to several historic small gold producers including the Carolin Mine, Emancipation Mine, Pipestem Mine and numerous gold prospects.

For further Company and technical information, please visit the Company’s website at www.newcarolingold.com.

ON BEHALF OF THE BOARD OF DIRECTORS

“Robert L. Thast”
Interim President & Chief Executive Officer
Phone 778 – 294 – 3211 or cell phone: 604-220-5031
Email ceo@newcarolingold.com
Website www.newcarolingold.com

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 the accuracy of this press release. We seek Safe Harbor.

Not for distribution in the United States.

Caution concerning forward-looking information
This news release may contain forward-looking statements that are based on the Company’s expectations, estimates and projections regarding its business and the economic environment in which it operates. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements. Statements speak only as of the date on which they are made, and the Company undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances, unless otherwise required to do so by law.

March 03, 2014: New Carolin Gold Announces up to C$50,000 Non-Brokered Private Placement of Units

New Carolin Gold Corp. (TSX – V: LAD) announces today that, subject to regulatory approval, it intends to complete a non-brokered private placement of up to 1,000,000 units at a price of C$0.05 per unit for gross proceeds of up to C$50,000. Each unit will consist of one common share and one common share purchase warrant. Each warrant will be exercisable to acquire one additional common share of the Company at any time for a 12-month period from the date of issuance, at an exercise price of C$0.05 per share. The Company may pay a finder’s fee in respect of certain investors introduced to the Company of up to 10% of the gross proceeds of the private placement in cash.

The securities issued under this private placement will be subject to a four-month hold period. The private placement is expected to close no later than March 11, 2014.

The proceeds from the sale of the units will be used for general corporate purposes.

About New Carolin Gold Corp.
New Carolin Gold is a Canadian-based junior mineral exploration and development company engaged in the acquisition, exploration, evaluation and development of 144 sq kms of contiguous mineral claims, collectively known as the Ladner Gold Project, located along the prospective and under-explored Coquihalla Gold Belt located in southwestern British Columbia, which is host to several historic small gold producers including the Carolin Mine, Emancipation Mine, Pipestem Mine and numerous gold prospects.

For further Company and technical information, please visit the Company’s website at www.newcarolingold.com.

ON BEHALF OF THE BOARD OF DIRECTORS

“Bruce W. Downing”
Bruce W. Downing, M.Sc., P.Geo, Hon.FEC
President & Chief Executive Officer
Office: 778 — 294 – 3211
Toll-Free: 855-294-1411
Email: ceo@newcarolingold.com
Website: www.newcarolingold.com

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 the accuracy of this press release. We seek Safe Harbor.

Not for distribution in the United States.

Caution concerning forward-looking information
This news release may contain forward-looking statements that are based on the Company’s expectations, estimates and projections regarding its business and the economic environment in which it operates. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements. Statements speak only as of the date on which they are made, and the Company undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances, unless otherwise required to do so by law.

January 06, 2014: New Carolin Gold Receives final Acceptance from TSXV for C$20,000 Non-Brokered Private Placement of Flow-Through Shares

New Carolin Gold Corp. (TSX – V: LAD) announces today that it has received final acceptance from the TSX Venture Exchange for a non-brokered private placement of 400,000 flow-through shares at a price of C$0.05 per flow-through share for gross proceeds of C$20,000, all of which were purchased by a director of the Company. The private placement closed on December 31, 2013.

No finder’s fees were paid in this private placement.

All of the securities issued under this private placement will be subject to a four-month hold period.

The proceeds from the sale of the flow-through shares will be used to incur Canadian Exploration Expense (“CEE”), as defined in the Income Tax Act (Canada). The Company will renounce such CEE to the subscriber effective for the 2013 tax year. The funds will be used for exploration on the Company’s Ladner Gold Property in southwestern British Columbia.

About New Carolin Gold Corp.
New Carolin Gold is a Canadian-based junior mineral exploration and development company engaged in the acquisition, exploration, evaluation and development of 144 sq kms of contiguous mineral claims, collectively known as the Ladner Gold Project, located along the prospective and under-explored Coquihalla Gold Belt located in southwestern British Columbia, which is host to several historic small gold producers including the Carolin Mine, Emancipation Mine, Pipestem Mine and numerous gold prospects.

For further Company and technical information, please visit the Company’s website at www.newcarolingold.com.

ON BEHALF OF THE BOARD OF DIRECTORS

“Bruce W. Downing”
Bruce W. Downing, M.Sc., P.Geo., Hon.FEC
President & Chief Executive Officer
Phone 778-294-3211
Toll-Free 855-294-1411
Email ceo@newcarolingold.com
Website www.newcarolingold.com

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 the accuracy of this press release. We seek Safe Harbor.

Not for distribution in the United States.

Caution concerning forward-looking information
This news release may contain forward-looking statements that are based on the Company’s expectations, estimates and projections regarding its business and the economic environment in which it operates. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements. Statements speak only as of the date on which they are made, and the Company undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances, unless otherwise required to do so by law.

December 4, 2013: New Carolin Gold Announces Up To C$50,000 Non-Brokered Private Placement of Flow-Through Shares

December 4, 2013

NEW CAROLIN GOLD ANNOUNCES UP TO C$50,000 NON-BROKERED PRIVATE PLACEMENT OF FLOW-THROUGH SHARES

New Carolin Gold Corp. (TSX – V: LAD) announces today that, subject to regulatory approval, it intends to complete a non-brokered private placement of up to 1,000,000 flow-through shares at a price of C$0.05 per flow-through share for gross proceeds of up to C$50,000.

New Carolin Gold may pay a finder’s fee in respect of certain investors introduced to the Company of up to 8% of the gross proceeds of the private placements in cash.

All of the securities issued under this private placement will be subject to a four-month hold period. The private placement is expected to close no later than December 31, 2013.

The proceeds from the sale of the flow-through shares will be used to incur Canadian Exploration Expense (“CEE”), as defined in the Income Tax Act (Canada). The Company will renounce such CEE to the subscribers effective for the 2013 tax year. A portion of the placement may include BC super flow-through shares. The funds will be used for exploration on the Company’s Ladner Gold Property in southwestern British Columbia.

About New Carolin Gold Corp.

New Carolin Gold is a Canadian-based junior mineral exploration and development company engaged in the acquisition, exploration, evaluation and development of 144 sq kms of contiguous mineral claims, collectively known as the Ladner Gold Project, located along the prospective and under-explored Coquihalla Gold Belt located in southwestern British Columbia, which is host to several historic small gold producers including the Carolin Mine, Emancipation Mine, Pipestem Mine and numerous gold prospects.

For further Company and technical information, please visit the Company’s website at www.newcarolingold.com.

ON BEHALF OF THE BOARD OF DIRECTORS

“Bruce W. Downing”

Bruce W. Downing, M.Sc., P.Geo., Hon.FEC

President & Chief Executive Officer

Phone 778 – 294 – 3211

Email ceo@newcarolingold.com

Website www.newcarolingold.com

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 the accuracy of this press release. We seek Safe Harbor.

Not for distribution in the United States.

Caution concerning forward-looking information

This news release may contain forward-looking statements that are based on the Company’s expectations, estimates and projections regarding its business and the economic environment in which it operates. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements. Statements speak only as of the date on which they are made, and the Company undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances, unless otherwise required to do so by law.

October 1, 2013: New Carolin Gold Corp. Proposes to Amend Warrant Terms and Amend Exercise Price of Warrants

October 1, 2013

NEW CAROLIN GOLD CORP. PROPOSES TO AMEND WARRANT TERMS AND AMEND EXERCISE PRICE OF WARRANTS

Vancouver, British Columbia – New Carolin Gold Corp. (the “Company”) (TSX-V: LAD) announces that further to the Company’s private placement that closed on October 16, 2012 and subject to regulatory approval, the Company intends to apply to the TSX Venture Exchange (the “TSX-V“) to amend the terms of an aggregate of 1,282,500 non-transferable common share purchase warrants (the “Warrants”) exercisable to purchase up to 1,282,500 common shares in the capital of the Company. These Warrants are currently set to expire on October 16, 2013. Specifically, the Company will seek approval from the TSX-V to amend the Warrants by extending the term for one year to October 16, 2014 and amending the exercise price of the Warrants from $0.16 to $0.10, subject to applicable TSX-V policies.

Currently, insiders of the Company hold approximately 2% of the Warrants issued pursuant to the October 16, 2012 private placement.

The proposed amendments as set forth above are subject to the approval of the TSX-V.

About New Carolin Gold Corp.

New Carolin Gold is a Canadian-based junior mineral exploration and development company engaged in the acquisition, exploration, evaluation and development of 144 sq kms of contiguous mineral claims, collectively known as the Ladner Gold Project, located along the prospective and under-explored Coquihalla Gold Belt located in southwestern British Columbia, which is host to several historic small gold producers including the Carolin Mine, Emancipation Mine, Pipestem Mine and numerous gold prospects.

For further information please visit the Company’s website at www.newcarolingold.com.

ON BEHALF OF THE BOARD OF DIRECTORS

“Bruce W. Downing”

Bruce W. Downing, M.Sc., P.Geo, Hon.FEC

President & Chief Executive Officer

Office (855) 294-1411 or (778) 294-3211

Email ceo@newcarolingold.com

Web site www.newcarolingold.com

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 the accuracy of this press release. We seek Safe Harbor.

Not for distribution in the United States.

Caution concerning forward-looking information

This news release may contain forward-looking statements that are based on the Company’s expectations, estimates and projections regarding its business and the economic environment in which it operates. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements. Statements speak only as of the date on which they are made, and the Company undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances, unless otherwise required to do so by law.

August 26, 2013: New Carolin Gold Reports on Newly Discovered Gold Zone on The Ladner Gold Project

August 26, 2013

NEW CAROLIN GOLD REPORTS ON NEWLY DISCOVERED GOLD ZONE ON THE LADNER GOLD PROPERTY

New Carolin Gold Corp. (TSX – V: LAD) is pleased to report results on a newly discovered carbonate alteration zone at its Ladner Gold Property near Hope in southwestern British Columbia.

Recent prospecting this year of a new alteration and mineralized zone located approximately 1200 metres northwest from the Idaho Zone on the access road to the McMaster Zone and approximately 450 metres west of the Montana Zone (see press release dated December 15, 2011) confirmed the mineralization intersected in drill holes BE-01 to BE-03. These holes were drilled to test a carbonate alteration zone in outcrop which had previously not been sampled.

Hole BE-01 returned 8.62 metres grading 1.40 g/t gold which includes a 2.44 metre interval grading 3.12 g/t gold. Hole BE-02 returned 5.79 metres grading 0.25 g/t gold. Hole BE-03 returned insignificant values as it did not intersect the mineralization because it was drilled below the mineralized zone. It is important to note that the top six metres of drill holes BE-01 and 02 were cased and no core was retrieved from the mineralized zone.

This new gold zone opens up a whole new area that may be contiguous with the gold mineralization intersected in the Idaho Zone (see press release dated August 15, 2013). This new gold zone will need additional follow-up drilling.

Calculated weighted averages of gold grades for hole BE 01 and 02 are presented in the following table. The true widths of these intersections are not known.

INTERSECTION
Hole Azimuth Dip Length From To Interval Gold
metres metres metres metres g/t
BE 01 360 -45 78.6 6.10 14.63 8.53 1.40
BE 02 360 -75 76.5 6.10 11.89 5.79 0.25

The technical content of this press release has been reviewed and approved by the Company’s President and CEO, Bruce W. Downing, as the Qualified Person.

About New Carolin Gold Corp.

New Carolin Gold is a Canadian-based junior mineral exploration and development company engaged in the acquisition, exploration, evaluation and development of 144 sq kms of contiguous mineral claims, collectively known as the Ladner Gold Project, located along the prospective and under-explored Coquihalla Gold Belt located in southwestern British Columbia, which is host to several historic small gold producers including the Carolin Mine, Emancipation Mine, Pipestem Mine and numerous gold prospects.

For further information please visit the website at www.newcarolingold.com.

ON BEHALF OF THE BOARD OF DIRECTORS

“Bruce W. Downing”

Bruce W. Downing, M.Sc., P.Geo, Hon.FEC

President & Chief Executive Officer

Office (855) 294-1411 or (778) 294-3211

Email ceo@newcarolingold.com

Web site www.newcarolingold.com

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 the accuracy of this press release. We seek Safe Harbor.

Not for distribution in the United States.

Caution concerning forward-looking information

This news release may contain forward-looking statements that are based on the Company’s expectations, estimates and projections regarding its business and the economic environment in which it operates. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements. Statements speak only as of the date on which they are made, and the Company undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances, unless otherwise required to do so by law.

August 19, 2013: New Carolin Gold Updates Exploration on The Ladner Gold Property

August 19, 2013

NEW CAROLIN GOLD UPDATES EXPLORATION ON THE LADNER GOLD PROPERTY

As a result of budgetary constraints, New Carolin Gold Corp. (TSX – V: LAD) has conducted limited field exploration work on its Ladner Creek Gold Property this year. Work was aimed at locating, sampling and prospecting new gold zones as well as examining two former gold producing mines that are on the property. Note that locations referenced below can be found on Figure 6, see website / projects / maps – www.newcarolingold.com . A final compilation of drill results is also included in concert with the exploration work.

Highlights:

 Prospecting of a carbonate alteration zone in outcrop which had not been previously sampled. This zone is located approximately 1200 metres northwest from the Idaho Zone on the access road to the McMaster Zone and approximately 450 metres west of the Montana Zone.

 Trenching of the Montana Zone (see press release dated December 15, 2011) which revealed carbonate -quartz network with disseminated pyrite, pyrrhotite and arsenopyrite.

 Sampling of mineralization at the Emancipation Mine. (1916 – 41, 2,897 oz Au, 804 oz Ag). The mine shut down due to WWII. Limited underground work in 1982 confirmed gold mineralization. A very brief underground examination indicated good ground conditions. This mine will require a detailed sampling program. Historical records indicate tellurium may be associated with gold mineralization. Assay results have not yet been received.

 Examination of the Aurum No. 3 adit (Aurum Mine produced 531 oz Au and 96 oz Ag from 1930 – 42, principally as free gold). This adit has remained inaccessible until this year and a brief underground examination has indicated excellent ground conditions and several areas of multiple quartz-carbonate – pyrite – pyrrhotite – arsenopyrite. Panning of muck showed visible gold. This adit will require a detailed sampling program.

Twelve holes totaling 1400 metres that were drilled in the Idaho Zone are compiled (see below) for the purpose of developing and expanding a promising area as a potential “starter open pit” and to confirm earlier drilling circa 1982. The Idaho Zone is located at the 1000 – 1015 level of Figure 2, see website / projects / maps – www.newcarolingold.com . Holes ID-01 to ID-06, have been previously reported in press releases (see press releases dated March 5, March 14 and May 2, 2012). Other drill holes of particular note include ID-08 which intercepted 41.09 m grading 1.41 g/t Au including 14.30 m of 2.50 g/t Au and ID-12 which intercepted 7.93 m grading 1.89 g/t Au

Highlights:

 The Idaho Zone consists of several gold mineralized zones. Every drill hole intersected gold mineralization with several gold intercepts over 4 g/t Au.

 Holes drilled under the main trench confirm the surface gold values, with surface assays ranging from 1 to 19 g/t Au over sampling intervals of one metre.

 The drill program was successful in both confirming historic drill results as well as expanding on historic drilling which identified an at surface and near surface Idaho gold zone with very attractive grades.

 Hole ID-01 ended in mineralized zone in volcanics whereas the other mineralized zones are within sediments which opens up a potential to explore and develop a larger gold resource.

 Hole ID-01 intersected an important unconformity above the volcanics consisting of Ladner Creek conglomeratic sequence overlying the Spider Peak volcanics. This is an important marker horizon that is in apparent proximity to mineralization.

 Holes established continuity of mineralization and lithology in the Idaho Zone that is important in modeling the gold resource with possibilities for open pit mining.

 There are other gold zones in close proximity to the Idaho Zone that have not been drill tested and warrant follow-up drilling.

 Drill program will enable an updated gold resource in order to re-classify material from inferred resource to indicated and measured resources.

 Core will also be used for metallurgical test work in order to define the process flow sheet.

Calculated weighted averages of gold grades for holes ID-01 to ID-12 are presented in the following table. The true widths of these intersections are not known.

Hole Setup Azimuth Dip Depth From To Interval Grade Target
site metres metres metres metres g/t gold
ID-01 1 200 -45 181.35 9.15 35.06 25.91 2.75 Trench 1996
includes
17.20 18.70 1.50 10.40
20.20 21.70 1.50 7.94
45.00 48.33 3.33 1.23
176.80 179.15 2.35 2.82
includes
178.35 179.15 0.80 5.14
ID-02 1 200 -75 105.75 6.10 9.76 3.66 2.96 Trench 1996
15.55 20.43 4.88 1.12
58.11 63.11 5.00 2.37
81.40 83.00 1.60 0.44
87.50 88.95 1.45 0.59
ID-03 2 200 -45 181.96 14.83 18.56 3.73 5.34 Twin old holes 1982
includes
14.83 16.13 1.30 5.30
16.13 17.38 1.25 8.78
33.56 38.72 5.16 1.03
47.69 51.86 4.17 0.72
72.65 76.30 3.65 1.87
163.42 166.77 3.35 0.88
ID-04 2 200 -65 121.00 16.16 21.03 4.87 1.57 Twin old holes 1982
35.53 51.11 15.58 0.76
81.40 93.45 12.05 2.06
includes
82.82 84.45 1.63 8.73
ID-05 3 200 -45 102.41 3.66 10.98 7.32 6.79 Trench 1996
includes
5.31 7.00 1.69 7.04
8.50 9.50 1.00 6.55
9.50 10.98 1.48 13.10
20.74 22.64 1.90 2.46
27.41 30.54 3.13 0.89
ID-06 3 200 -75 91.13 3.05 7.93 4.88 6.86 Trench 1996
includes
3.05 4.47 1.42 9.90
5.79 6.95 1.16 7.02
12.00 13.11 1.11 1.11
29.76 36.10 6.34 1.92
includes
30.85 32.35 1.50 4.90
67.78 70.00 2.22 2.07
ID-07 4 200 -45 151.17 33.82 38.95 5.13 1,69 new zone &
57.65 65.85 8.20 1.23 serpentinite contact
120.37 135.98 15.61 0.97
ID-08 4 200 -65 139.59 58.82 65.20 6.38 0.97 new zone &
80.25 121.34 41.09 1.41 serpentinite contact
includes
103.00 117.30 14.30 2.50
ID-09 5 200 -45 99.36 15.93 17.07 1.14 0.78 area not previously drilled
ID-10 5 200 -60 120.69 73.50 78.05 4.55 0.67 area not previously drilled
99.39 106.04 6.65 0.95
ID-11 6 315 -45 59.43 30.63 34.20 3.57 0.76 serpentinite contact
ID-12 6 190 -60 53.64 36.58 44.51 7.93 1.89 serpentinite contact

Twelve diamond drill holes were drilled in the Idaho Zone which previously has only seen sporadic drilling, circa 1982. These holes were drilled in pairs on same drill site. The objective of this drill program was to test for mineralization from the surface findings down to the old mine workings and to confirm historic results within the old mine workings. The Idaho Zone consists of several gold mineralized zones as observed from logging and assays in drill holes. Where no mineralization was observed from logging, intervals were also sampled in order to characterize the potential waste rock. Rock quality data was also logged in order to define faults, shear zones and fractures necessary for mine design. Random samples were selected for specific gravity measurements. This zone can also be accessed from underground for further definition drilling where surface drilling sites are limited.

New Carolin’s President and CEO, Bruce Downing, said, “These are exciting results from our exploration program as they confirm gold mineralization at the Carolin Mine. While our focus clearly remains on bringing the mine back into production, we continue to have confidence that untested or under-explored gold targets on our Ladner Property within the Coquihalla Gold Belt will lead to several more gold deposits.”

The technical content of this press release has been reviewed and approved by the Company’s President and CEO, Bruce W. Downing, as the Qualified Person.

About New Carolin Gold Corp.

New Carolin Gold is a Canadian-based junior mineral exploration and development company engaged in the acquisition, exploration, evaluation and development of 144 sq kms of contiguous mineral claims, collectively known as the Ladner Gold Project, located along the prospective and under-explored Coquihalla Gold Belt located in southwestern British Columbia, which is host to several historic small gold producers including the Carolin Mine, Emancipation Mine, Pipestem Mine and numerous gold prospects.

For further information please visit the website at www.newcarolingold.com.

ON BEHALF OF THE BOARD OF DIRECTORS

“Bruce W. Downing”

Bruce W. Downing, M.Sc., P.Geo, Hon.FEC

President & Chief Executive Officer

Office 778 – 294 – 3211

Email ceo@newcarolingold.com

Web site www.newcarolingold.com

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 the accuracy of this press release. We seek Safe Harbor.

Not for distribution in the United States.

Caution concerning forward-looking information

This news release may contain forward-looking statements that are based on the Company’s expectations, estimates and projections regarding its business and the economic environment in which it operates. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements. Statements speak only as of the date on which they are made, and the Company undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances, unless otherwise required to do so by law.

May 3, 2013: New Carolin Gold Announces Adoption of Advance Notice Policy

May 3, 2013

NEW CAROLIN GOLD ANNOUNCES ADOPTION OF ADVANCE NOTICE POLICY

New Carolin Gold Corp. (TSX – V: LAD) announces the approval and adoption by its Board of Directors of an advance notice policy (the “Policy”), effective April 2, 2013. The purpose of the Policy is to provide shareholders, directors and management of the Company with an adequate process for nominating directors of the Company. The Policy is provided on the Company‘s website (www.newcarolingold.com).

Pursuant to the terms of the Policy, the Company will seek shareholder ratification of the Policy at its next annual general meeting of shareholders in 2014.

About New Carolin Gold Corp.

New Carolin Gold is a Canadian-based junior mineral exploration and development company engaged in the acquisition, exploration, evaluation and development of 144 sq kms of contiguous mineral claims, collectively known as the Ladner Gold Project, located along the prospective and under-explored Coquihalla Gold Belt located in southwestern British Columbia, which is host to several historic small gold producers including the Carolin Mine, Emancipation Mine, Pipestem Mine and numerous gold prospects.

For further Company and technical information, please visit the Company’s website at www.newcarolingold.com.

ON BEHALF OF THE BOARD OF DIRECTORS

“Bruce W. Downing”

Bruce W. Downing, M.Sc., P.Geo., Hon.FEC

President & Chief Executive Officer

Phone 778 – 294 – 3211

Email ceo@newcarolingold.com

Website www.newcarolingold.com

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 the accuracy of this press release. We seek Safe Harbor.

Not for distribution in the United States.

Caution concerning forward-looking information

This news release may contain forward-looking statements that are based on the Company’s expectations, estimates and projections regarding its business and the economic environment in which it operates. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements. Statements speak only as of the date on which they are made, and the Company undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances, unless otherwise required to do so by law.

May 2, 2013: New Carolin Gold Reports Additional Drill Results of Surface Diamond Drill Program on The Ladner Gold Property

May 2, 2013

NEW CAROLIN GOLD REPORTS ADDITIONAL DRILL RESULTS OF SURFACE DIAMOND DRILL PROGRAM ON THE LADNER GOLD PROPERTY

New Carolin Gold Corp. (TSX – V: LAD) reports additional drill results at its Ladner Gold Property near Hope in southwestern British Columbia. Twelve holes were drilled in the Idaho Zone for the purpose of developing and expanding this promising area as a potential “starter open pit” and to confirm earlier drilling circa 1982

Drill holes ID-03 and ID-04 were drilled from the same site in the Idaho Zone. These two holes were drilled to closely twin two drill holes which were drilled in 1996 and to confirm previous mineralization. This drill site lies approximately 50 metres east of drill holes ID-01 & 02 (see press release March 5, 2013). There are multiple mineralized zones, similar to those encountered in other drill holes.

Hole ID-03 returned 3.73 metres grading 5.34 g/t gold which includes a 1.30 metre interval grading 5.30 g/t gold and another 1.25 metre interval grading 8.78 g/t gold.

Calculated weighted averages of gold grades for hole ID-03 are presented in the following table. The true widths of these intersections are not known.

ID -03
azimuth 200.00
dip -45.00
depth 181.96
FROM TO Interval Gold
(m) g/t
14.83 18.56 3.73 5.34
includes
14.83 16.13 1.3 5.3
16.13 17.38 1.25 8.78
33.56 38.72 5.16 1.03
47.69 51.86 4.17 0.72
72.65 76.30 3.65 1.87
163.42 166.77 3.35 0.88

Hole ID-04 returned 4.87 metres grading 1.57 g/t gold and 12.05 metres grading 2.06 g/t gold which includes 1.63 metres grading 8.73 g/t gold.

Calculated weighted averages of gold grades for hole ID-04 are presented in the following table. The true widths of these intersections are not known.

ID -04
azimuth 200.00
dip -65.00
depth 121.00
FROM TO Interval Gold
g/t
16.16 21.03 4.87 1.57
35.53 51.11 15.58 0.76
81.40 93.45 12.05 2.06
includes
82.82 84.45 1.63 8.73

Twelve diamond drill holes were drilled in the Idaho Zone which previously has only seen sporadic drilling, circa 1982. The objective of this drill program was to test for mineralization from the surface findings down to the old mine workings and to confirm historic results within the old mine workings. The Idaho Zone consists of several gold mineralized zones as observed from logging and assays in drill holes. Where no mineralization was observed from logging, intervals were also sampled in order to characterize the potential waste rock. Rock quality data was also logged in order to define faults, shear zones and fractures necessary for mine design. Random samples were selected for specific gravity measurements. The Idaho Zone is also in a potential “starter pit” location, within an open pit mining scenario. This zone can also be accessed from underground for further definition drilling where surface drilling sites are limited. Core from the Idaho Zone will be submitted for metallurgical test work.

Core was transported to a core shack located in Hope, BC, where it was logged and sampled. Mineralized core was sawed in half, with half of the samples shipped to Acme Analytical Laboratories, an ISO 9001:2000 certified analytical laboratory, located in Vancouver, BC. The remaining core was replaced in the core box and is stored for future reference. Core recovery for theses hole averaged 95%. Blanks and standards were inserted in the sample stream at the time of sampling and all samples subsequently underwent testing by fire assay for gold and ICP-MS for multi-elements.

The technical content of this press release has been reviewed and approved by the Company’s President and CEO, Bruce W. Downing, as the Qualified Person.

About New Carolin Gold Corp.

New Carolin Gold is a Canadian-based junior mineral exploration and development company engaged in the acquisition, exploration, evaluation and development of 144 sq kms of contiguous mineral claims, collectively known as the Ladner Gold Project, located along the prospective and under-explored Coquihalla Gold Belt located in southeastern British Columbia, which is host to several historic small gold producers including the Carolin Mine, Emancipation Mine, Pipestem Mine and numerous gold prospects.

For further information please visit the website at www.newcarolingold.com.

ON BEHALF OF THE BOARD OF DIRECTORS

“Bruce W. Downing”

Bruce W. Downing, M.Sc., P.Geo, Hon.FEC

President & Chief Executive Officer

Office 778 – 294 – 3211

Email ceo@newcarolingold.com

Web site www.newcarolingold.com

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 the accuracy of this press release. We seek Safe Harbor.

Not for distribution in the United States.

Caution concerning forward-looking information

This news release may contain forward-looking statements that are based on the Company’s expectations, estimates and projections regarding its business and the economic environment in which it operates. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements. Statements speak only as of the date on which they are made, and the Company undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances, unless otherwise required to do so by law.

April 16, 2013: New Carolin Gold Receives Test Plant Effluent Approval from Ministry of Environment

April 16, 2013

NEW CAROLIN GOLD RECEIVES TEST PLANT EFFLUENT APPROVAL FROM MINISTRY OF ENVIRONMENT

New Carolin Gold Corp. (TSX – V: LAD) announces receipt of approval from the British Columbia Ministry of Environment to discharge tailings reclamation test plant effluent from the former Carolin Mine tailings storage facility, subject to regulatory monitoring requirements. The test plant effluent will be discharged back to the tailings storage facility.

This approval allows New Carolin Gold to conduct field scale sampling of the tailings in order to collect material for ongoing metallurgical test work to complete the gold in tailings process flow sheet. This will allow the tailings “gold reclaim” mine plan to be finalized and for the company to advance to the processing stage. A Preliminary Economic Assessment was the subject of a press release dated March 14, 2012.

The Company regards this approval as a major step towards granting of the waste discharge effluent permit that will be required for the proposed tailings mining and future re-activation of the Carolin Mine. The original effluent permit was cancelled when the mine ceased operations in 1984. Some of the regulatory monitoring requirements have been implemented since 2009 and additional requirements will be completed in Q3. The tailings storage facility has been inspected on an annual basis by independent consultants and is in excellent condition.

About New Carolin Gold Corp.

New Carolin Gold is a Canadian-based junior mineral exploration and development company engaged in the acquisition, exploration, evaluation and development of 144 sq kms of contiguous mineral claims, collectively known as the Ladner Gold Project, located along the prospective and under-explored Coquihalla Gold Belt located in southwestern British Columbia. The Gold Belt is host to several historic small gold producers including the Carolin Mine, Emancipation Mine, Pipestem Mine and numerous gold prospects.

For further Company and technical information, please visit the Company’s website at www.newcarolingold.com.

ON BEHALF OF THE BOARD OF DIRECTORS

“Bruce W. Downing”

Bruce W. Downing, M.Sc., P.Geo., Hon.FEC

President & Chief Executive Officer

Phone 778 – 294 – 3211 (toll free 1 – 855 – 294 -1411)

Email ceo@newcarolingold.com

Website www.newcarolingold.com

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 the accuracy of this press release. We seek Safe Harbor.

Not for distribution in the United States.

Caution concerning forward-looking information

This news release may contain forward-looking statements that are based on the Company’s expectations, estimates and projections regarding its business and the economic environment in which it operates. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements. Statements speak only as of the date on which they are made, and the Company undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances, unless otherwise required to do so by law.

April 3, 2013: New Carolin Gold Concludes Annual and Special General Meeting of Shareholders and Grants Stock Options

April 3, 2013

NEW CAROLIN GOLD CONCLUDES ANNUAL AND SPECIAL GENERAL MEETING OF SHAREHOLDERS AND GRANTS STOCK OPTIONS

New Carolin Gold Corp. (TSX – V: LAD) is pleased to announce that the Company concluded its Annual and Special General Meeting of Shareholders held on March 28, 2013. At the meeting, all resolutions were approved by shareholders of the Company. A total of 10,935,066 common shares were voted representing 19.87% of the 55,036,021 outstanding eligible voting shares of the Company as at the record date of February 15, 2013.

The shareholders re-elected Bruce W. Downing, J. Graham Eacott, and Richard T. Gillard, and elected Robert L. Thast, to the Board of Directors.

On April 2, 2013, subject to the approval of the TSX Venture Exchange, the Company granted a total of 1,225,000 stock options, of which 800,000 stock options were granted to the four directors. The stock options are exercisable into common shares of New Carolin Gold at an exercise price of C$0.10 per share. New Carolin Gold’s common shares closed at C$0.09 on the TSX Venture Exchange on April 1, 2013. The Company has 58,736,021 common shares issued and outstanding. Under the terms of the Company’s “rolling” Incentive Stock Option Plan a maximum of 5,873,602 shares are available to be issued pursuant to the exercise of options at this time. Including this grant of 1,225,000 options, a total of 5,005,000 shares have been reserved for issuance pursuant to option grants. A further 868,602 shares are available for issuance pursuant to future option grants at this time.

About New Carolin Gold Corp.

New Carolin Gold is a Canadian-based junior mineral exploration and development company engaged in the acquisition, exploration, evaluation and development of 144 sq kms of contiguous mineral claims, collectively known as the Ladner Gold Project, located along the prospective and under-explored Coquihalla Gold Belt located in southwestern British Columbia, which is host to several historic small gold producers including the Carolin Mine,  Emancipation Mine, Pipestem Mine and numerous gold prospects.

For further Company and technical information, please visit the Company’s website at www.newcarolingold.com.

ON BEHALF OF THE BOARD OF DIRECTORS

“Bruce W. Downing”

Bruce W. Downing, M.Sc., P.Geo., Hon.FEC

President & Chief Executive Officer

Phone (855) 294-1411 or (778) 294-3211

Email ceo@newcarolingold.com

Website www.newcarolingold.com

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 the accuracy of this press release. We seek Safe Harbor.

Not for distribution in the United States.

Caution concerning forward-looking information

This news release may contain forward-looking statements that are based on the Company’s expectations, estimates and projections regarding its business and the economic environment in which it operates. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements. Statements speak only as of the date on which they are made, and the Company undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances, unless otherwise required to do so by law.

March 18, 2013: New Carolin Gold Closes C$370,000 Non-Brokered Private Placement Unit Financing

March 18, 2013

NEW CAROLIN GOLD CLOSES C$370,000 NON-BROKERED PRIVATE PLACEMENT UNIT FINANCING

New Carolin Gold Corp. (TSX – V: LAD) announces today that, subject to regulatory approval,

it has closed a non-brokered private placement of 3,700,000 Units at a price of C$0.10 per Unit for gross proceeds of C$370,000. Each Unit will consist of one Common Share and one-half of one Common Share Purchase Warrant. Each whole Warrant will be exercisable to acquire one additional Common Share of the Company at any time for a 12-month period from the date of issuance, at an exercise price of C$0.15 per share. The Company paid finder’s fees of $35,750.

The securities issued under this private placement will be subject to a four-month hold period.

The majority of the proceeds of this financing will be set aside to make up a portion of the total amount the Company anticipates will be required to complete the proposed property settlement agreement (please see press release dated October 31, 2012).

About New Carolin Gold Corp.

New Carolin Gold is a Canadian-based junior mineral exploration and development company engaged in the acquisition, exploration, evaluation and development of 144 sq kms of contiguous mineral claims, collectively known as the Ladner Gold Project, located along the prospective and under-explored Coquihalla Gold Belt located in southwestern British Columbia, which is host to several historic small gold producers including the Carolin Mine, Emancipation Mine, Pipestem Mine and numerous gold prospects.

For further Company and technical information, please visit the Company’s website at www.newcarolingold.com.

ON BEHALF OF THE BOARD OF DIRECTORS

“Bruce W. Downing”

Bruce W. Downing, M.Sc., P.Geo., Hon.FEC

President & Chief Executive Officer

Phone 778 – 294 – 3211

Email ceo@newcarolingold.com

Website www.newcarolingold.com

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 the accuracy of this press release. We seek Safe Harbor.

Not for distribution in the United States.

Caution concerning forward-looking information

This news release may contain forward-looking statements that are based on the Company’s expectations, estimates and projections regarding its business and the economic environment in which it operates. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements. Statements speak only as of the date on which they are made, and the Company undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances, unless otherwise required to do so by law.

March 14, 2013: New Carolin Gold Reports Additional Drill Results of Surface Diamond Drill Program on the Ladner Gold Property

March 14, 2013

NEW CAROLIN GOLD REPORTS ADDITIONAL DRILL RESULTS OF SURFACE DIAMOND DRILL PROGRAM ON THE LADNER GOLD PROPERTY

New Carolin Gold Corp. (TSX – V: LAD) reports additional drill results at its Ladner Gold Property near Hope in southwestern British Columbia. Twelve holes were drilled in the Idaho Zone for the purpose of developing and expanding this promising area as a potential “starter open pit” and to confirm earlier drilling circa 1982.

Drill holes ID-05 and ID-06 were drilled above the main trench and confirms the surface gold values and continuity of mineralization intersected in drill holes ID-01 and 02 (see press release dated March 5, 2013). This area, which lies adjacent to the 1015 portal and directly above the old mine workings, was trenched in 1996 with assays ranging from 1 to 19 g/t Au over sampling intervals of one metre. Assay results as shown below indicate that infill sampling is needed in order to best define the mineralized zones in these holes.

Hole ID-05 returned 7.32 metres grading 6.79 g/t gold which includes a 1.69 metre interval grading 7.04 g/t gold and another 1.48 metre interval grading 13.10 g/t gold.

Calculated weighted averages of gold grades for hole ID-05 are presented in the following table. The true widths of these intersections are not known.

ID -05
azimuth 200
dip -45
depth 102.41
FROM TO Interval Gold
(m) g/t
3.66 10.98 7.32 6.79
includes
5.31 7 1.69 7.04
8.5 9.5 1 6.55
9.5 10.98 1.48 13.1
20.74 22.64 1.9 2.455
27.41 30.54 3.13 0.89

Hole ID-06 returned 4.88 metres grading 6.86 g/t gold which includes 1.42 metres grading 9.90 g/t gold and 1.16 metres grading 7.02 g/t gold.

Calculated weighted averages of gold grades for hole ID-06 are presented in the following table. The true widths of these intersections are not known.

ID -06
azimuth 200.00
dip -75.00
depth 91.13
FROM TO Interval Gold
(m) g/t
3.05 7.93 4.88 6.86
includes
3.05 4.47 1.42 9.90
5.79 6.95 1.16 7.02
12.00 13.11 1.11 1.11

Twelve diamond drill holes were drilled in the Idaho Zone which previously has only seen sporadic drilling, circa 1982. The objective of this drill program was to test for mineralization from the surface findings down to the old mine workings and to confirm historic results within the old mine workings. The Idaho Zone consists of several gold mineralized zones as observed from logging and assays in drill holes. Where no mineralization was observed from logging, intervals were also sampled in order to characterize the potential waste rock. Rock quality data was also logged in order to define faults, shear zones and fractures necessary for mine design. Random samples were selected for specific gravity measurements. The Idaho Zone is also in a potential “starter pit” location, within an open pit mining scenario. This zone can also be accessed from underground for further definition drilling where surface drilling sites are limited. Core from the Idaho Zone will be submitted for metallurgical test work.

Drill holes ID-03 and 04 will be reported when all assays are received.

Core was transported to a core shack located in Hope, BC, where it was logged and sampled. Mineralized core was sawed in half, with half of the samples shipped to Acme Analytical Laboratories, an ISO 9001:2000 certified analytical laboratory, located in Vancouver, BC. The remaining core was replaced in the core box and is stored for future reference. Core recovery for theses hole averaged 95%. Blanks and standards were inserted in the sample stream at the time of sampling and all samples subsequently underwent testing by fire assay for gold and ICP-MS for multi-elements.

The technical content of this press release has been reviewed and approved by the Company’s President and CEO, Bruce W. Downing, as the Qualified Person.

About New Carolin Gold Corp.

New Carolin Gold is a Canadian-based junior mineral exploration and development company engaged in the acquisition, exploration, evaluation and development of 144 sq kms of contiguous mineral claims, collectively known as the Ladner Gold Project, located along the prospective and under-explored Coquihalla Gold Belt located in southeastern British Columbia, which is host to several historic small gold producers including the Carolin Mine, Emancipation Mine, Pipestem Mine and numerous gold prospects.

For further information please visit the website at www.newcarolingold.com. ON BEHALF OF THE BOARD OF DIRECTORS

“Bruce W. Downing”

Bruce W. Downing, M.Sc., P.Geo, Hon.FEC

President & Chief Executive Officer

Office 778 – 294 – 3211

Email ceo@newcarolingold.com

Web site www.newcarolingold.com

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 the accuracy of this press release. We seek Safe Harbor.

Not for distribution in the United States.

Caution concerning forward-looking information

This news release may contain forward-looking statements that are based on the Company’s expectations, estimates and projections regarding its business and the economic environment in which it operates. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements. Statements speak only as of the date on which they are made, and the Company undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances, unless otherwise required to do so by law.

March 5, 2013: New Carolin Gold Reports Initial Drill Results of Surface Diamond Drill Program on the Ladner Gold Property

March 5, 2013

NEW CAROLIN GOLD REPORTS INITIAL DRILL RESULTS OF SURFACE DIAMOND DRILL PROGRAM ON THE LADNER GOLD PROPERTY

New Carolin Gold Corp. (TSX – V: LAD) reports initial drill results on the first two holes of a 15 hole drill program at its Ladner Gold Property near Hope in southwestern British Columbia (see press release November 6, 2012)

Drill holes ID-01 and ID-02 were drilled from the same site. The Idaho Zone consists of several gold mineralized zones as observed from logging and assays in holes ID-01 and ID-02. These two holes were drilled under the main trench and essentially confirm the surface gold values. This area, which lies adjacent to the 1015 portal and directly above the old mine workings, was trenched in 1996 with assays ranging from 1 to 19 g/t Au over sampling intervals of one metre. Assay results as shown below indicate that infill sampling is needed in order to best define the mineralized zones.

Hole ID-01 returned 25.91 metres grading 2.75 g/t gold which includes an 1.5 metre interval grading 10.4 g/t gold and another 1.5 metre interval grading 7.94 g/t gold. Hole ID-01 ended in mineralization including a 0.80 metre interval grading 5.14 g/t gold. It is worthy to note that this mineralized zone is in volcanics whereas the other mineralized zones are within sediments which opens up a potential to explore and develop a larger gold resource.

Hole ID-01 intersected an important unconformity above the volcanics consisting of Ladner Creek conglomeratic sequence overlying the Spider Peak volcanics. This is an important marker horizon that is in apparent proximity to mineralization.

 

Calculated weighted averages of gold grades for hole ID-01 are presented in the following table. The true widths of these intersections are not known. ID -01
azimuth 200.00
dip -45.00
depth 181.35
FROM TO Interval Gold
(m) (m) (m) (g/t)
9.15 35.06 25.91 2.75
includes
17.20 18.70 1.50 10.40
20.20 21.70 1.50 7.94
45.00 48.33 3.33 1.23
176.80 179.15 2.35 2.82
includes
178.35 179.15 0.80 5.14

 

Hole ID-02 returned 3.66 metres grading 2.96 g/t gold which includes 2.13 metres grading 4.33 g/t gold. This hole was not drilled deep enough to intersect the mineralized volcanics as noted in ID-01.

Calculated weighted averages of gold grades for hole ID-02 are presented in the following table. The true widths of these intersections are not known. ID -02
azimuth 200.00
dip -75.00
depth 105.75
FROM TO Interval Gold
(m) (m) (m) (g/t)
6.10 9.76 3.66 2.96
15.55 20.43 4.88 1.12
58.11 63.11 5.00 2.37
81.40 83.00 1.60 0.44
87.50 88.95 1.45 0.59

 

Twelve diamond drill holes were drilled in the Idaho Zone which previously has only seen sporadic drilling, circa 1982. The objective of this drill program was to test for mineralization from the surface findings down to the old mine workings and to confirm historic results within the old mine workings. Where no mineralization was observed from logging, intervals were also sampled in order to characterize the potential waste rock. Rock quality data was also logged in order to define faults, shear zones and fractures necessary for mine design. The Idaho Zone is also in a potential “starter pit” location, within an open pit mining scenario. This zone can also be accessed from underground for further definition drilling where surface drilling sites are limited.

Core was transported to a core shack located in Hope, BC, where it was logged and sampled. Mineralized core was sawed in half, with half of the samples shipped to Acme Analytical Laboratories, an ISO 9001:2000 certified analytical laboratory, located in Vancouver, BC. The remaining core was replaced in the core box and is stored for future reference. Core recovery for these holes averaged 97%. Blanks and standards were inserted in the sample stream at the time of sampling and all samples subsequently underwent testing by fire assay for gold and ICP-MS for multi-elements.

The technical content of this press release has been reviewed and approved by the Company’s President and CEO, Bruce W. Downing, as the Qualified Person.

About New Carolin Gold Corp.

New Carolin Gold is a Canadian-based junior mineral exploration and development company engaged in the acquisition, exploration, evaluation and development of 144 sq kms of contiguous mineral claims, collectively known as the Ladner Gold Project, located along the prospective and under-explored Coquihalla Gold Belt located in southeastern British Columbia, which is host to several historic small gold producers including the Carolin Mine, Emancipation Mine, Pipestem Mine and numerous gold prospects.

For further information please visit the website at www.newcarolingold.com.

ON BEHALF OF THE BOARD OF DIRECTORS

“Bruce W. Downing”

Bruce W. Downing, M.Sc., P.Geo, Hon.FEC

President & Chief Executive Officer

Office 778 – 294 – 3211

Email ceo@newcarolingold.com

Web site www.newcarolingold.com

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 the accuracy of this press release. We seek Safe Harbor.

Not for distribution in the United States.

Caution concerning forward-looking information

This news release may contain forward-looking statements that are based on the Company’s expectations, estimates and projections regarding its business and the economic environment in which it operates. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements. Statements speak only as of the date on which they are made, and the Company undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances, unless otherwise required to do so by law.

February 12, 2013: New Carolin Gold Announces C$380,000 Non-Brokered Private Placement Unit Financing

February 12, 2013

NEW CAROLIN GOLD ANNOUNCES C$380,000 NON-BROKERED PRIVATE PLACEMENT UNIT FINANCING

New Carolin Gold Corp. (TSX – V: LAD) announces today that, subject to regulatory approval,

it intends to complete a non-brokered private placement of 3,800,000 Units at a price of C$0.10 per Unit for gross proceeds of C$380,000. Each Unit will consist of one Common Share and one-half of one Common Share Purchase Warrant. Each whole Warrant will be exercisable to acquire one additional Common Share of the Company at any time for a 12-month period from the date of issuance, at an exercise price of C$0.15 per share. The Company may pay a finder’s fee in respect of certain investors introduced to the Company of up to 10%. One investor has subscribed for C$350,000 of this placement.

The securities issued under this private placement will be subject to a four-month hold period. The private placement is expected to close no later than February 28, 2013.

The majority of the proceeds of this financing will be set aside to make up a portion of the total amount the Company anticipates will be required to complete the proposed property settlement agreement (please see press release dated October 31, 2012).

About New Carolin Gold Corp.

New Carolin Gold is a Canadian-based junior mineral exploration and development company engaged in the acquisition, exploration, evaluation and development of 144 sq kms of contiguous mineral claims, collectively known as the Ladner Gold Project, located along the prospective and under-explored Coquihalla Gold Belt located in southwestern British Columbia, which is host to several historic small gold producers including the Carolin Mine, Emancipation Mine, Pipestem Mine and numerous gold prospects.

For further Company and technical information, please visit the Company’s website at www.newcarolingold.com.

ON BEHALF OF THE BOARD OF DIRECTORS

“Bruce W. Downing”

Bruce W. Downing, M.Sc., P.Geo., Hon.FEC

President & Chief Executive Officer

Phone 778 – 294 – 3211

Email ceo@newcarolingold.com

Website www.newcarolingold.com

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 the accuracy of this press release. We seek Safe Harbor.

Not for distribution in the United States.

Caution concerning forward-looking information

This news release may contain forward-looking statements that are based on the Company’s expectations, estimates and projections regarding its business and the economic environment in which it operates. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements. Statements speak only as of the date on which they are made, and the Company undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances, unless otherwise required to do so by law.

February 8, 2013: New Carolin Gold Amends Amount Received in a Non-Brokered Private Placement of Flow-Through Shares

February 8, 2013

NEW CAROLIN GOLD AMENDS AMOUNT RECEIVED IN A NON-BROKERED PRIVATE PLACEMENT OF FLOW-THROUGH SHARES

Pursuant to the Company’s press release dated January 22, 2013 announcing that the TSX Venture Exchange had given final acceptance for a non-brokered private placement of flow-through shares, New Carolin Gold Corp. (TSX – V: LAD) wishes to amend the amount received in this financing. The Company received C$243,010 (previously reported $226,510) including C$22,000 from a director of the Company, corresponding to the issuance of 2,209,182 shares (previously reported 2,059,182 shares) at a price of C$0.11 per flow-through share. The private placement closed on December 31, 2012.

The Company paid finder’s fees in respect of certain investors introduced to the Company of C$13,121 in cash.

All of the securities issued under this private placement will be subject to a four-month hold period.

The proceeds from the sale of the flow-through shares will be used to incur Canadian Exploration Expense (“CEE”), as defined in the Income Tax Act (Canada). The Company will renounce such CEE to the subscribers effective for the 2012 tax year. The funds will be used for exploration on the Company’s Ladner Gold Property in southwestern British Columbia.

About New Carolin Gold Corp.

New Carolin Gold is a Canadian-based junior mineral exploration and development company engaged in the acquisition, exploration, evaluation and development of 144 sq kms of contiguous mineral claims, collectively known as the Ladner Gold Project, located along the prospective and under-explored Coquihalla Gold Belt located in southwestern British Columbia, which is host to several historic small gold producers including the Carolin Mine, Emancipation Mine, Pipestem Mine and numerous gold prospects.

For further Company and technical information, please visit the Company’s website at www.newcarolingold.com.

ON BEHALF OF THE BOARD OF DIRECTORS

“Bruce W. Downing”

Bruce W. Downing, M.Sc., P.Geo., Hon.FEC

President & Chief Executive Officer

Phone 778 – 294 – 3211

Email ceo@newcarolingold.com

Website www.newcarolingold.com

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 the accuracy of this press release. We seek Safe Harbor.

Not for distribution in the United States.

Caution concerning forward-looking information

This news release may contain forward-looking statements that are based on the Company’s expectations, estimates and projections regarding its business and the economic environment in which it operates. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements. Statements speak only as of the date on which they are made, and the Company undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances, unless otherwise required to do so by law.

January 22, 2013: New Carolin Gold Receives Final Acceptance from TSXV for C$226,510 Non-Brokered Private Placement of Flow-Through Shares

January 22, 2013

NEW CAROLIN GOLD RECEIVES FINAL ACCEPTANCE FROM TSXV FOR C$226,510 NON-BROKERED PRIVATE PLACEMENT OF FLOW-THROUGH SHARES

New Carolin Gold Corp. (TSX – V: LAD) announces today that it has received final acceptance from the TSX Venture Exchange for a non-brokered private placement of 2,059,182 flow-through shares at a price of C$0.11 per flow-through share for gross proceeds of C$226,510, including $22,000 from a director of the Company. The private placement closed on December 31, 2012.

The Company paid finder’s fees in respect of certain investors introduced to the Company of $13,121 in cash.

All of the securities issued under this private placement will be subject to a four-month hold period.

The proceeds from the sale of the flow-through shares will be used to incur Canadian Exploration Expense (“CEE”), as defined in the Income Tax Act (Canada). The Company will renounce such CEE to the subscribers effective for the 2012 tax year. The funds will be used for exploration on the Company’s Ladner Gold Property in southwestern British Columbia.

About New Carolin Gold Corp.

New Carolin Gold is a Canadian-based junior mineral exploration and development company engaged in the acquisition, exploration, evaluation and development of 144 sq kms of contiguous mineral claims, collectively known as the Ladner Gold Project, located along the prospective and under-explored Coquihalla Gold Belt located in southwestern British Columbia, which is host to several historic small gold producers including the Carolin Mine, Emancipation Mine, Pipestem Mine and numerous gold prospects.

For further Company and technical information, please visit the Company’s website at www.newcarolingold.com.

ON BEHALF OF THE BOARD OF DIRECTORS

“Bruce W. Downing”

Bruce W. Downing, M.Sc., P.Geo., Hon.FEC

President & Chief Executive Officer

Phone 778 – 294 – 3211

Email ceo@newcarolingold.com

Website www.newcarolingold.com

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 the accuracy of this press release. We seek Safe Harbor.

Not for distribution in the United States.

Caution concerning forward-looking information

This news release may contain forward-looking statements that are based on the Company’s expectations, estimates and projections regarding its business and the economic environment in which it operates. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements. Statements speak only as of the date on which they are made, and the Company undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances, unless otherwise required to do so by law.

December 3, 2012: New Carolin Gold Signs Letter of Intent to Initiate Gold Production from Tailings Storage Facility at Carolin Mine

December 3, 2012

New Carolin Gold Signs Letter of Intent to Initiate Gold Production from Tailings Storage Facility at Carolin Mine

New Carolin Gold Corp. (TSX – V: LAD) (“NCGC” or the “Company”) is pleased to announce it has entered into a Letter of Intent with Shoreline Resource Management Group (SRM), located in Oakville, ON, in respect to establishing a tailings gold processing facility at the Carolin Mine in 2013. SRM is a resource management consulting company that provides Engineering, Procurement, Construction and Management of Operations (EPCM) in the mining sector and whose principals have built mill facilities in over 40 countries. SRM management has combined over 150 years experience in the mining and mineral processing industry.

The NI 43-101 resource study delineated an Indicated Mineral Resource estimate of 23,700 oz gold in 445,378 tons at a cutoff grade of 1.00 g/t gold and an Inferred Mineral Resource estimate of 5,000 oz gold in 93,304 tons at a cutoff grade of 1.00 g/t gold (see press release of November 9, 2011).

Under the Terms and Conditions of the Letter of Intent:

– SRM will provide a turnkey operation and cover all costs associated with EPCM which SRM will coordinate with their contracting partners;

– SRM will retain a 65% share of the proceeds from the tailings resource and NCGC 35%;

– SRM’s mining team will complete a site inspection scheduled for the second week of December 2012, to determine mill location and meet with Company representatives to discuss metallurgy, options for maximizing recoveries, improving gold concentrates and the schedule associated with constructing a modular gold processing facility;

– SRM has 45 days to complete their due diligence and develop an economical and financially viable processing plan and complete a definitive agreement;

– Upon completing the definitive agreement, NCGC will add a member of SRM’s executive team to the Board of Directors of NCGC.

John Carter, CEO of Shoreline stated. “Shoreline looks forward to an alliance with NCGC to establish a mill facility, process the tailings to recover gold in concentrate and develop a long-term relationship with NCGC regarding its primary assets. Shoreline’s mining group has been involved in the design, fabrication, and construction of many milling / processing facilities and based on our initial review of the NI 43-101, PEA and positive metallurgical test results, our team views processing the tailings to recover gold in concentrate as financially viable and a rewarding opportunity. The project may have even further benefit, as we noted in the NI 43-101 resource report that only 60% of the tailing surface was drilled. In any event, with our knowledgeable and experienced mining team behind this project, I am confident Shoreline can procure the best possible facility and gold recovery process to liberate the approximate 30,000 ounces gold in the tailings and ensure maximization of profits for this partnership”.

Bruce Downing, President and CEO of NCGC stated, “The Company has been approached by several companies who have shown interest in the tailings project, including one that has expressed interest in an off-take agreement for the gold concentrate. After evaluation, the Company has selected Shoreline to take the lead in developing the tailings project. The success of this project will help to initiate the development process for the Carolin Mine, provide free cash flow to meet financial obligations and provide non-dilutive capital to drill and increase the existing resource. Based on the business acumen of the principals of Shoreline and their considerable mine and processing expertise, NCGC looks forward to a strategic relationship and moving from exploration to a production company. In anticipation of increased activity NCGC has rented a secured warehouse / office space in Hope, BC, for storage and local working purposes”.

About New Carolin Gold Corp.

New Carolin Gold is a Canadian-based junior mineral exploration and development company engaged in the exploration, evaluation and development of 144 sq kms of contiguous mineral claims, collectively known as the Ladner Gold Project, located along the prospective and under-explored Coquihalla Gold Belt located in southwestern British Columbia, which is host to several historic small gold producers including the Carolin Mine, Emancipation Mine, Pipestem Mine and numerous gold prospects.

For further Company and technical information, please visit the Company’s website at www.newcarolingold.com.

ON BEHALF OF THE BOARD OF DIRECTORS

“Bruce W. Downing”

Bruce W. Downing, M.Sc., P.Geo., Hon.FEC

President & Chief Executive Officer

Phone 778 – 294 – 3211

Email ceo@newcarolingold.com

Website www.newcarolingold.com

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 the accuracy of this press release. We seek Safe Harbor.

Not for distribution in the United States.

Caution concerning forward-looking information

This news release may contain forward-looking statements that are based on the Company’s expectations, estimates and projections regarding its business and the economic environment in which it operates. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements. Statements speak only as of the date on which they are made, and the Company undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances, unless otherwise required to do so by law.

November 26, 2012: New Carolin Gold Announces Up To C$330,000 Non-Brokered Private Placement of Flow-Through Shares

November 26, 2012

NEW CAROLIN GOLD ANNOUNCES UP TO C$330,000 NON-BROKERED PRIVATE PLACEMENT OF FLOW-THROUGH SHARES

New Carolin Gold Corp. (TSX – V: LAD) announces today that, subject to regulatory approval, it intends to complete a non-brokered private placement of up to 3,000,000 flow-through shares at a price of C$0.11 per flow-through share for gross proceeds of up to C$330,000.

New Carolin Gold may pay a finder’s fee in respect of certain investors introduced to the Company of up to 8% of the gross proceeds of the private placements in cash.

All of the securities issued under this private placement will be subject to a four-month hold period. The private placement is expected to close no later than December 31, 2012.

The proceeds from the sale of the flow-through shares will be used to incur Canadian Exploration Expense (“CEE”), as defined in the Income Tax Act (Canada). The Company will renounce such CEE to the subscribers effective for the 2012 tax year. A portion of the placement may include BC super flow-through shares. The funds will be used for exploration on the Company’s Ladner Gold Property in southwestern British Columbia.

About New Carolin Gold Corp.

New Carolin Gold is a Canadian-based junior mineral exploration and development company engaged in the acquisition, exploration, evaluation and development of 144 sq kms of contiguous mineral claims, collectively known as the Ladner Gold Project, located along the prospective and under-explored Coquihalla Gold Belt located in southwestern British Columbia, which is host to several historic small gold producers including the Carolin Mine, Emancipation Mine, Pipestem Mine and numerous gold prospects.

For further Company and technical information, please visit the Company’s website at www.newcarolingold.com.

ON BEHALF OF THE BOARD OF DIRECTORS

“Bruce W. Downing”

Bruce W. Downing, M.Sc., P.Geo., Hon.FEC

President & Chief Executive Officer

Phone 778 – 294 – 3211

Email ceo@newcarolingold.com

Website www.newcarolingold.com

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 the accuracy of this press release. We seek Safe Harbor.

Not for distribution in the United States.

Caution concerning forward-looking information

This news release may contain forward-looking statements that are based on the Company’s expectations, estimates and projections regarding its business and the economic environment in which it operates. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements. Statements speak only as of the date on which they are made, and the Company undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances, unless otherwise required to do so by law.

November 6, 2012: New Carolin Gold Completes Surface Diamond Drill Program On The Ladner Gold Property

November 6, 2012

NEW CAROLIN GOLD COMPLETES SURFACE DIAMOND DRILL PROGRAM ON THE LADNER GOLD PROPERTY

New Carolin Gold Corp. (TSX – V: LAD) has completed a small drill program at its Ladner Gold Property near Hope in southwestern British Columbia.

Holes one to three were drilled in an area where no drilling has ever been conducted but where a mineralized outcrop was noted on the access road to the McMaster Zone. This showing is approximately 1,200 metres northwest of the Carolin Mine and 450 metres west from the Montana Prospect (see press release dated December 15, 2011). Sulphide mineralization was noted in all three holes.

Holes four to fifteen were drilled in the Idaho Zone which previously has only seen sporadic drilling, circa 1982. Management is very encouraged as all drill holes intersected sulphide mineralization, which typically carries gold in this location. This area, which lies adjacent to the 1015 portal and directly above the old mine workings, was trenched in 1996 with assays ranging from 1 to 19 g/t Au over sampling intervals of one metre. The objective of this drilling was to test for mineralization from the surface findings down to the old mine workings and to confirm historic results within the old mine workings. This area is also in a potential “starter pit” location, within an open pit mining scenario.

These drill holes are in the process of being logged and sampled with samples to be sent to Acme Analytical labs in Vancouver for assaying. Turn around time for the assays is unknown at this time, but is expected to take several weeks. This program consisted of fifteen diamond drill holes totaling 1620 metres (5315 feet).

About New Carolin Gold Corp.

New Carolin Gold is a Canadian-based junior mineral exploration and development company engaged in the acquisition, exploration, evaluation and development of 144 sq kms of contiguous mineral claims, collectively known as the Ladner Gold Project, located along the prospective and under-explored Coquihalla Gold Belt located in southeastern British Columbia, which is host to several historic small gold producers including the Carolin Mine, Emancipation Mine, Pipestem Mine and numerous gold prospects.

For further information please visit the website at www.newcarolingold.com.

ON BEHALF OF THE BOARD OF DIRECTORS

“Bruce W. Downing”

Bruce W. Downing, M.Sc., P.Geo, Hon.FEC

President & Chief Executive Officer

Office 778 – 294 – 3211

Email ceo@newcarolingold.com

Web site www.newcarolingold.com

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 the accuracy of this press release. We seek Safe Harbor.

Not for distribution in the United States.

Caution concerning forward-looking information

This news release may contain forward-looking statements that are based on the Company’s expectations, estimates and projections regarding its business and the economic environment in which it operates. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements. Statements speak only as of the date on which they are made, and the Company undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances, unless otherwise required to do so by law.

October 31, 2012: New Carolin Gold Provides Corporate Update

October 31, 2012

NEW CAROLIN GOLD PROVIDES CORPORATE UPDATE

New Carolin Gold Corp. (TSX – V: LAD) announces that it is in continuing discussion with Sampson Belair / Deloitte & Touche Inc. (“Receiver”) regarding its obligations under the Purchase and Sale Agreement (“PSA”) dated July 12, 2011 with Century Mining Corporation (“CMC”) to purchase the Carolin Mine and accompanying claims from CMC.

Century Mining Corporation was placed into receivership on May 29, 2012 and subsequently, the provisions of the PSA are now the obligations of the Receiver. The Company has had several communications with the Receiver and has made two formal proposals. The latest proposal is based on a complete buyout of the PSA on a discounted basis and the Company is awaiting a formal response.

Under the PSA, the Company was to have made a payment of $1,500,000 on October 31, 2012. The Company is in late stage negotiations regarding the financial backing for its latest proposal and additional capital for development.

On another important note, the Company has made the Receiver aware of certain obligations that CMC was to have honoured to New Carolin Gold under the PSA and these obligations have yet to be met.

About New Carolin Gold Corp.

New Carolin Gold is a Canadian-based junior mineral exploration and development company engaged in the acquisition, exploration, evaluation and development of 144 sq kms of contiguous mineral claims, collectively known as the Ladner Gold Project, located along the prospective and under-explored Coquihalla Gold Belt located in southeastern British Columbia, which is host to several historic small gold producers including the Carolin Mine, Emancipation Mine, Pipestem Mine and numerous gold prospects.

For further Company and technical information, please visit the Company’s website at www.newcarolingold.com.

ON BEHALF OF THE BOARD OF DIRECTORS

“Bruce W. Downing”

Bruce W. Downing, M.Sc., PGeo., Hon.FEC

President & Chief Executive Officer

Phone 778 – 294 – 3211

Email ceo@newcarolingoldcorp.com

Website www.newcarolingold.com

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 the accuracy of this press release. We seek Safe Harbor.

Not for distribution in the United States.

Caution concerning forward-looking information

This news release may contain forward-looking statements that are based on the Company’s expectations, estimates and projections regarding its business and the economic environment in which it operates. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements. Statements speak only as of the date on which they are made, and the Company undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances, unless otherwise required to do so by law.

October 12, 2012: New Carolin Gold Closes C$307,800 Non-Brokered Private Placement Unit Financing

October 12, 2012

NEW CAROLIN GOLD CLOSES C$307,800 NON-BROKERED PRIVATE PLACEMENT UNIT FINANCING

New Carolin Gold Corp. (TSX – V: LAD) announces today that, subject to regulatory approval, it has closed a non-brokered private placement of 2,565,000 Units at a price of C$0.12 per Unit for gross proceeds of C$307,800. Each Unit will consist of one Common Share and one-half of one Common Share Purchase Warrant. Each whole Warrant will be exercisable to acquire one additional Common Share of the Company at any time for a 12-month period from the date of issuance, at an exercise price of C$0.16 per share. The Company may pay a finder’s fee in respect of certain investors introduced to the Company of up to 8%.

The securities issued under this private placement will be subject to a four-month hold period.

The proceeds from the sale of the Units will be used for general corporate purposes.

About New Carolin Gold Corp.

New Carolin Gold is a Canadian-based junior mineral exploration and development company engaged in the acquisition, exploration, evaluation and development of 144 sq kms of contiguous mineral claims, collectively known as the Ladner Gold Project, located along the prospective and under-explored Coquihalla Gold Belt located in southeastern British Columbia, which is host to several historic small gold producers including the Carolin Mine, Emancipation Mine, Pipestem Mine and numerous gold prospects.

For further Company and technical information, please visit the Company’s website at www.newcarolingold.com.

ON BEHALF OF THE BOARD OF DIRECTORS

“Bruce W. Downing”

Bruce W. Downing, M.Sc., PGeo., Hon.FEC

President & Chief Executive Officer

Phone 778 – 294 – 3211

Email ceo@newcarolingoldcorp.com

Website www.newcarolingold.com

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 the accuracy of this press release. We seek Safe Harbor.

Not for distribution in the United States.

Caution concerning forward-looking information

This news release may contain forward-looking statements that are based on the Company’s expectations, estimates and projections regarding its business and the economic environment in which it operates. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements. Statements speak only as of the date on which they are made, and the Company undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances, unless otherwise required to do so by law.

September 19, 2012: New Carolin Gold Mobilzes Surface Diamond Drill At Its Ladner Gold Property

September 19, 2012

NEW CAROLIN GOLD MOBILIZES SURFACE DIAMOND DRILL AT ITS LADNER GOLD PROPERTY

New Carolin Gold Corp. (TSX – V: LAD) has contracted to DJ Drilling, Aldergrove, British Columbia to mobilize their drill equipment and begin surface diamond drilling at the Carolin Mine area located on the Ladner Gold Property near Hope in southwestern British Columbia. Several drill targets have been identified and work will commence on September 24, 2012. This drilling campaign is expected to take approximately six weeks. (see also press release dated August 23, 2012).

About New Carolin Gold Corp.

New Carolin Gold is a Canadian-based junior mineral exploration and development company engaged in the acquisition, exploration, evaluation and development of 144 sq kms of contiguous mineral claims, collectively known as the Ladner Gold Project, located along the prospective and under-explored Coquihalla Gold Belt located in southeastern British Columbia, which is host to several historic small gold producers including the Carolin Mine, Emancipation Mine, Pipestem Mine and numerous gold prospects.

For further information please visit the website at www.newcarolingold.com.

ON BEHALF OF THE BOARD OF DIRECTORS

“Bruce W. Downing”

Bruce W. Downing, M.Sc., P.Geo, Hon.FEC

President & Chief Executive Officer

Office 778 – 294 – 3211

Email ceo@newcarolingold.com

Web site www.newcarolingold.com

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 the accuracy of this press release. We seek Safe Harbor.

Not for distribution in the United States.

Caution concerning forward-looking information

This news release may contain forward-looking statements that are based on the Company’s expectations, estimates and projections regarding its business and the economic environment in which it operates. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements. Statements speak only as of the date on which they are made, and the Company undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances, unless otherwise required to do so by law.

September 7, 2012: New Carolin Gold Announces Up To C$300,000 Non-Brokered Private Placement Unit Financing

September 7, 2012

NEW CAROLIN GOLD ANNOUNCES UP TO C$300,000 NON-BROKERED PRIVATE PLACEMENT UNIT FINANCING

New Carolin Gold Corp. (TSX – V: LAD) announces today that, subject to regulatory approval, it intends to complete a non-brokered private placement of up to 2,500,000 Units at a price of C$0.12 per Unit for gross proceeds of up to C$300,000. Each Unit will consist of one Common Share and one-half of one Common Share Purchase Warrant. Each whole Warrant will be exercisable to acquire one additional Common Share of the Company at any time for a 12- month period from the date of issuance, at an exercise price of C$0.16 per share. The Company may pay a finder’s fee in respect of certain investors introduced to the Company of up to 8%.

The securities issued under this private placement will be subject to a four-month hold period. The private placement is expected to close no later than September 21, 2012.

The proceeds from the sale of the Units will be used for general corporate purposes and further preparation for the Company’s planned 2012 drilling program at its Ladner Gold Project.

About New Carolin Gold Corp.

New Carolin Gold is a Canadian-based junior mineral exploration and development company engaged in the acquisition, exploration, evaluation and development of 144 sq kms of contiguous mineral claims, collectively known as the Ladner Gold Project, located along the prospective and under-explored Coquihalla Gold Belt located in southeastern British Columbia, which is host to several historic small gold producers including the Carolin Mine, Emancipation Mine, Pipestem Mine and numerous gold prospects.

For further Company and technical information, please visit the Company’s website at www.newcarolingold.com.

ON BEHALF OF THE BOARD OF DIRECTORS

“Bruce W. Downing”

Bruce W. Downing, M.Sc., PGeo., Hon.FEC

President & Chief Executive Officer

Phone 778 – 294 – 3211

Email ceo@newcarolingoldcorp.com

Website www.newcarolingold.com

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 the accuracy of this press release. We seek Safe Harbor.

Not for distribution in the United States.

Caution concerning forward-looking information

This news release may contain forward-looking statements that are based on the Company’s expectations, estimates and projections regarding its business and the economic environment in which it operates. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements. Statements speak only as of the date on which they are made, and the Company undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances, unless otherwise required to do so by law.

August 23, 2012: New CArolin Gold To Initiate Surface Diamond Drill Program At Its Ladner Gold Property

August 23, 2012

NEW CAROLIN GOLD TO INITIATE SURFACE DIAMOND DRILL PROGRAM AT ITS LADNER GOLD PROPERTY

New Carolin Gold Corp. (TSX – V: LAD) is in the process of initiating a surface diamond drill program on the Carolin Mine at its Ladner Gold Property near Hope in southwestern British Columbia. The objectives of this drill program are to: 1) validate previous gold mineralization in order to bring the inferred resource into the indicated and measured categories; 2) increase the gold resource; and 3) substantiate a potential “starter” open pit resource. The area where drilling will be carried out requires upgrading to accommodate the drill platforms, which is expected to take two to three weeks to complete, with drilling to follow.

About New Carolin Gold Corp.

New Carolin Gold is a Canadian-based junior mineral exploration and development company engaged in the acquisition, exploration, evaluation and development of 144 sq kms of contiguous mineral claims, collectively known as the Ladner Gold Project, located along the prospective and under-explored Coquihalla Gold Belt located in southeastern British Columbia, which is host to several historic small gold producers including the Carolin Mine, Emancipation Mine, Pipestem Mine and numerous gold prospects.

For further information please visit the website at www.newcarolingold.com.

ON BEHALF OF THE BOARD OF DIRECTORS

“Bruce W. Downing”

Bruce W. Downing, M.Sc., P.Geo, Hon.FEC

President & Chief Executive Officer

Office 778 – 294 – 3211

Email ceo@newcarolingold.com

Web site www.newcarolingold.com

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 the accuracy of this press release. We seek Safe Harbor.

Not for distribution in the United States.

Caution concerning forward-looking information

This news release may contain forward-looking statements that are based on the Company’s expectations, estimates and projections regarding its business and the economic environment in which it operates. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements. Statements speak only as of the date on which they are made, and the Company undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances, unless otherwise required to do so by law.

August 20, 2012: Airborne Geophysical Survey Confirms Southern Extension of Gold Associated Magnetic Anomaly

August 20, 2012

AIRBORNE GEOPHYSICAL SURVEY CONFIRMS SOUTHERN EXTENSION OF GOLD ASSOCIATED MAGNETIC ANOMALY

New Carolin Gold Corp. (TSX – V: LAD) is pleased to announce the results of the helicopter airborne geophysical survey that was completed on its southern part of the Ladner Gold Project located in southeastern western British Columbia. This survey collected high resolution magnetic and radiometric data (potassium, thorium and uranium) over approximately 71.25 sq kms at 100 metre line spacing for a total of 434 line kms. The survey was conducted by Precision GeoSurveys of Vancouver, British Columbia.

The results indicate the presence of a major magnetic linear structure that can be traced for over 10 km within the Company’s claims that comprise in part the southern part of the Coquihalla Gold Belt. These results also show a continuance of the magnetic trend mapped in the northern part and reported in a press release of January 19, 2012. This gold associated magnetic anomaly now extends over 28 kms.

This linear structure is attributable to the presence of serpentinite – ultramafics. This same serpentinite unit is associated with gold mineralization in the northern part of the Coquihalla Gold Belt (see press release of January 19, 2012). The calculated vertical gradient map also indicates the presence of northeasterly striking fault structures. The northwesterly trend of this magnetic linear structure parallels the major Hozameen fault structure. A major northwesterly trending linear structure appears to transect the magnetic anomaly.

As there is a lot of overburden in the survey area, there is very little exposure of the serpentinite unit due to limited outcrops and as such this unit has not been mapped, hence the contact with sediments is not defined. With limited access due to limited amount of logging, the survey area has not been prospected in any detail. Thus the importance of this magnetic survey was to define the serpentinite boundaries. If the assumption that this contact is “fertile” gold hunting ground as per the northern part of the gold belt then most of the contact has not been explored. Thus there remain several kilometers of untested ground along this magnetic anomaly.

The Total Count radiometric data (sum of potassium, thorium and uranium values) indicate the presence of potential felsic rocks in the southern part of the claim area.

The vertical gradient and total count radiometric maps can be viewed on the Company website: www.newcarolingold.com.

About New Carolin Gold Corp.

New Carolin Gold is a Canadian-based junior mineral exploration and development company engaged in the acquisition, exploration, evaluation and development of 144 sq kms of contiguous mineral claims, collectively known as the Ladner Gold Project, located along the prospective and under-explored Coquihalla Gold Belt located in southeastern British Columbia, which is host to several historic small gold producers including the Carolin Mine, Emancipation Mine, Pipestem Mine and numerous gold prospects.

ON BEHALF OF THE BOARD OF DIRECTORS

“Bruce W. Downing”

Bruce W. Downing, M.Sc., P.Geo, Hon.FEC

President & Chief Executive Officer

Office 778 – 294 – 3211

Email bwdowning@shaw.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 the accuracy of this press release. We seek Safe Harbor.

Not for distribution in the United States.

Caution concerning forward-looking information

This news release may contain forward-looking statements that are based on the Company’s expectations, estimates and projections regarding its business and the economic environment in which it operates. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements. Statements speak only as of the date on which they are made, and the Company undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances, unless otherwise required to do so by law.

August 8, 2012: New Carolin Gold Announces Positive Results of Metallurgical Test Program

August 8, 2012

NEW CAROLIN GOLD ANNOUNCES POSITIVE RESULTS OF METALLURGICAL TEST PROGRAM

New Carolin Gold Corp. (TSX – V: LAD) is pleased to report that recent metallurgical test results at SGS Canada Ltd. have demonstrated that high gold recoveries are possible using a combination of conventional flotation and cyanidation.

The gold recovery from a metallurgical sample from the McMaster Zone provided to SGS Canada Ltd. was 91%. In combination, flotation plus cyanidation of the float tail yielded 97.9% recovery.

A metallurgical sample, with head grade of the composite assaying 3.70 g/t gold, 1.59% S, 0.052% As and 0.55 g/t silver was provided to SGS Canada Ltd. for gold recovery testing. The sample was core from the McMaster Zone which assayed 3.96 g/t gold over 27.6 metres [DDH 32 – 09, from 32.4 to 60.0 metres, see press release January 12, 2010].

This test work was conducted to support the development of a preliminary economic assessment for the former producing Carolin Mine and the McMaster Zone. Mineralization of the McMaster Zone is similar to that of the Carolin Mine. There is no core available from the historical drilling of the Carolin Mine.

A variety of metallurgical tests were conducted to characterize the sample response. The key results were;

 Gravity gold recovery of 8.5% at 106 micron (P80) using Knelson MD-3 separator.

 Direct cyanidation gold extraction of 69.4% after grinding sample to 62 micron (P80) and leaching in a cyanide-in-leach mode for 48 hours. Cyanide and lime consumptions were 0.58 and 0.59 kg/t respectively.

 Heap Leach simulated test yielded 14.9% gold extraction at -1 inch crush size and 192hours of bottle roll leaching. Cyanide and lime consumptions were 0.46 and 0.17 kg/t, respectively.

 Flotation gold recovery of 91.3% into a rougher concentrate containing 39.7 g/t Au, 7.21 g/t Ag and 16.7% S.

 Direct cyanidation of the flotation concentrate yielded a gold recovery of 59.7% indicating that the concentrate is modestly refractory.

 Direct cyanidation of the flotation tailing yielded a gold recovery of 75.7%.

 The flotation concentrate is currently undergoing testwork to demonstrate that autoclave oxidation – cyanide-in-leach (CIL) provides a viable route for gold recovery from the concentrate. These results will be reported when complete.

 The Standard Rod Mill Work Index was determined to be 16.3 kWh/tone and is considered medium hard.

 Standard acid-base accounting test indicates that the tailings are acid consuming.

SUMMARY

The results to date indicate that it is possible to concentrate most of the gold values in a small mass of material for further treatment. The combination of flotation yields 91.3% gold recovery and cyanidation of the flotation tailings yields 75.7% gold recovery. In combination, flotation plus cyanidation of the float tail yielded (91.3 + 75.7 x (100-91.3)/100 = 97.9% recovery. The recovery of gold by pressure oxidation and CIL of the autoclave residue is currently being tested

Detailed presentation of results follows in the body of this release.

Metallurgical Testing and Results

Gravity:

A single two stage gravity separation test was completed on the master composite ground to 80% passing 106 μm and processed through a Knelson MD-3 concentrator. The Knelson concentrate was upgraded further by treatment on a Mozley mineral separator. The Mozley concentrate was assayed to extinction for Au while the Mozley and Knelson tailings were blended, sampled and assayed for Au. The combined gravity tailings were used in downstream flotation tests. The summary of the gravity test procedures is presented in the following table.

The results indicate that only 8.5% of gold were recovered from the master composite by gravity separation and the concentrate assayed 211 g/t Au. These results indicate that gravity may be used as part of the metallurgical treatment process, but that additional processing is required to achieve a high overall gold recovery.

Direct Cyanidation Test on Whole Ore

A standard bottle roll test was conducted on whole ore at 80% passing 62 micron. The pH during the leach was maintained between 10.5 and 11. The leach duration was 48 hours and 4 intermediate kinetics samples were collected at 2 hours, 5 hours, 8 hours and 24 hours. The cyanide leach tests produced ~69.4% gold recovery. The leaching kinetics of gold recovery are average by reaching maximum recovery plateau within 20-24 hours. The cyanide and lime consumption is considered as moderate at 0.58 kg/t and 0.59kg/t. The gold recovery by cyanide leaching of the master composite is considered as moderately amenable. Further test work is recommended to determine the optimized leach conditions, grind effect and special variability.

Heap Leach Amenability Test

The amenability of this sample to heap leaching was evaluated in an eight day coarse bottle roll test conducted at the selected crush size of -1”. Test conditions applied included 40% solids, pH 10.5 and 1.0 g/L of NaCN. The amenability for heap leaching was low at 14.9% gold recovery. The cyanide and lime consumption is low at 0.46 kg/t and 0.17 kg/t ,respectively. The sample does not appear to be amenable to heap leaching.

Flotation:

The goal of flotation testing was to concentrate the sulfides and the gold in the metallurgical sample into a concentrate for pre-treatment and cyanidation. The results indicate that the material can easily be floated to produce a pyrite-pyrrhotite-arsenopyrite gold concentrate.

Results of the small scale batch flotation test are as follows:

 Gold recovery of 91.3% at grind size of ~ 53 micron

 Sulfur recovery of 88%

 Mass recovery of 8.6% of the flotation feed weight

 Flotation concentrate grade of 39.7 g/t Au and 16.7% sulfide sulfur.

Bond Rod Mill Work Index (RWi)

The Bond rod mill work index (RWi) test was conducted according to the standard Bond procedure. The tested Bond rod mill work index is 16.3 kWh/tonne and is considered medium hard.

Environmental Tests

The Acid Base Accounting (ABA) and Net Acid Generating (NAG) tests were conducted on flotation tailings (53 micron). The net neutralization potential is 140.6 kg H2SO4/t, which indicates that the tailings are acid consuming. This is in agreement with historical test work conducted by Lakefield Research Ltd. in 1996 (now SGS Canada Ltd.).

Qualified Person

Dr. David Dreisinger, P.Eng., F.C.I.M., F.C.A.E., is the Qualified Person (NI 43-101) who supervised the preparation of the technical information in this news release. Dr. Dreisinger is

Professor and Chairholder, Industrial Research Chair in Hydrometallurgy at the University of British Columbia (Vancouver, Canada) and consults to the worldwide metallurgical industry through Dreisinger Consulting Inc.

The Company’s CEO, Bruce Downing, stated “The Company is more than encouraged by these metallurgical results, as historic recoveries from production at original Carolin Mine were poor (roughly 52%). These new metallurgical tests are very encouraging and indicate substantially increased recoveries are not only possible, but likely. Demonstrating 90%+ recoveries is a real testament to economic viability of the Ladner gold project going forward, especially given gold prices today. ”

About New Carolin Gold Corp.

New Carolin Gold is a Canadian-based junior mineral exploration and development company engaged in the acquisition, exploration, evaluation and development of 144 sq kms of contiguous mineral claims, collectively known as the Ladner Gold Project, located along the prospective and under-explored Coquihalla Gold Belt located in southeastern British Columbia, which is host to several historic small gold producers including the Carolin Mine, Emancipation Mine, Pipestem Mine and numerous gold prospects.

For further information please visit the website at www.newcarolingold.com.

ON BEHALF OF THE BOARD OF DIRECTORS

“Bruce W. Downing”

Bruce W. Downing, M.Sc., P.Geo, Hon.FEC

President & Chief Executive Officer

Office 778 – 294 – 3211

Email ceo@newcarolingold.com

Web site www.newcarolingold.com

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 the accuracy of this press release. We seek Safe Harbor.

Not for distribution in the United States.

Caution concerning forward-looking information

This news release may contain forward-looking statements that are based on the Company’s expectations, estimates and projections regarding its business and the economic environment in which it operates. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements. Statements speak only as of the date on which they are made, and the Company undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances, unless otherwise required to do so by law.

August 7, 2012: New Carolin Gold Closes C$415,000 Convertible Debt Financing

August 7, 2012

NEW CAROLIN GOLD CLOSES C$415,000 CONVERTIBLE DEBT FINANCING

New Carolin Gold Corp. (TSX – V: LAD) (the “Company”) is pleased to announce that the TSX Venture Exchange has accepted for filing documentation with respect to the closing of a non-brokered unsecured convertible debt financing of C$415,000. Pursuant to the financing the Company will issue a debenture in the principal amount of C$415,000 pursuant to which the debt will be convertible into units of the Company for a period of 12 months from the closing date of July 31, 2012.

The debt is convertible into units consisting of one common share of the Company and one common share purchase warrant at a price of C$0.10 per unit. The debenture will bear an 8% coupon payable semi-annually. Each warrant is exercisable to purchase one common share of the Company at a price of C$0.12 per share for a period of 12 months from the date of issuance. The debenture will be redeemable by the Company at par plus accrued and unpaid interest upon 30 days’ written notice. A finder’s fee of C$34,500 will be paid in connection with the financing. The securities issued under this private placement will be subject to a four-month hold period.

The proceeds of the financing will be used to cover a near-term property payment and general working capital purposes.

About New Carolin Gold Corp.

New Carolin Gold Corp. is a Canadian junior-stage mining and exploration company engaged in the evaluation and development of several gold properties collectively known as the “Ladner Gold Project”. These properties are located in southwestern British Columbia, Canada and comprise approximately 144 square kilometers of contiguous mineral claims. The Project, located along the prospective and under-explored Coquihalla Gold Belt is host to several historic small gold producers including the Carolin Mine, Emancipation Mine, Pipestem Mine and numerous other gold prospects.

For further Company and technical information, please visit the Company’s website at www.newcarolingold.com.

ON BEHALF OF THE BOARD OF DIRECTORS

“Bruce W. Downing”

Bruce W. Downing, M.Sc., P.Geo, Hon.FEC

President & Chief Executive Officer

Office: 778 – 294 – 3211

Email: ceo@newcarolingold.com

Web site: www.newcarolingold.com

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 the accuracy of this release. We seek Safe Harbor.

Not for distribution in the United States.

Caution concerning forward-looking information

This news release contains “forward-looking information” and “forward-looking statements” within the meaning of applicable securities laws. This information and statements address future activities, events, plans, developments and projections. All statements, other than statements of historical fact, constitute forward-looking information or forward-looking statements. Such forward-looking information and statements are frequently identified by words such as “may,” “will,” “should,” “anticipate,” “plan,” “expect,” “believe,” “estimate,” “intend” and similar terminology, and reflect assumptions, estimates, opinions and analysis made by management of the Company in light of its experience, current conditions, expectations of future developments and other factors which it believes to be reasonable and relevant. Forward-looking information and statements involve known and unknown risks and uncertainties that may cause the Company’s actual results, performance and achievements to differ materially from those expressed or implied by the forward-looking information and statements and accordingly, undue reliance should not be placed thereon. Risks and uncertainties that may cause actual results to vary include but are not limited to the speculative nature of mineral exploration and development, including the uncertainty of resource estimates; operational and technical difficulties; the availability of suitable financing alternatives; fluctuations in gold and other commodity prices; changes to and compliance with applicable laws and regulations, including environmental laws and obtaining requisite permits; political, economic and other risks; fluctuations in foreign exchange rates; as well as other risks and uncertainties which are more fully described in the Company’s annual and quarterly Management’s Discussion and Analysis and in other filings made by the Company with Canadian securities regulatory authorities and available at www.sedar.com. Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking information and statements and readers should not place undue reliance on such information and statements. The Company undertakes no obligation to update or revise any forward-looking information or statements to reflect new information or the occurrence of future events or circumstances, unless otherwise required to do so by law.

July 23, 2012: New Carolin Gold Engages Toronto-Based Rosmir Capital for Financing and Business Development Support

July 23, 2012

NEW CAROLIN GOLD ENGAGES TORONTO-BASED ROSMIR CAPITAL FOR FINANCING AND BUSINESS DEVELOPMENT SUPPORT

New Carolin Gold Corp. (TSX – V: LAD) has entered into a consulting agreement with Toronto-based Rosmir Capital and its principal George Goldsmith, to assist the Company with financing and business development initiatives.

Mr. Goldsmith received a B.Sc. from the University of Toronto in 1970, an MBA from York University in 1977 and obtained his CA designation in 1977. He has over 35 years experience in strategic and business planning and financing in both public and private markets in Canada and the United States.

Mr Goldsmith founded Rosmir Capital in 1985, a company that secures debt and equity financings, provides corporate valuations and spearheads corporate restructurings, purchases and divestitures for a wide variety of clients, ranging from start ups to large public multinationals.

The initial focus for Rosmir will be to secure funding for a gold reprocessing facility at the Company’s tailings storage facility at the former operating Carolin Mine near Hope in southwestern British Columbia. Subject to near-term completion of a (non-dilutive) funding facility, the Company intends to begin gold production as early as the third quarter of 2013. A recent NI 43-101 report confirmed an indicated resource of approximately 23,700 ounces of gold and an inferred resource of 5,000 ounces gold, each at an average grade of 1.8 g/t in the tailings impoundment (see press release dated October 20, 2011). This resource is based on drilling of approximately 60% of the tailings storage facility. The Company received a Preliminary Economic Assessment (PEA) of gold recovery from reprocessing of the tailings and expects to receive the completed PEA in the fourth quarter of 2012. Based on the preliminary findings, the Company believes that there is potential to reprocess the tailings economically assuming a positive feasibility study is obtained given a favourable gold price.

Rosmir is taking the lead in developing a business plan and financial model in this regard and will champion the funding initiative for the Company. Mr. Goldsmith stated, “In May of 2012, the Company filed an NI 43-101 report (see press release dated May 17, 2012) containing an estimate of 686,540 ounces of gold, at a cutoff grade of 0.5 g/t gold, in the inferred resource category at the Ladner Gold Property. After being introduced to the Company and delving into the history of the area, given the existing gold resource and the fact the Company has a valid mine permit, I agreed to align with the Company and use my expertise and contacts in support of the Company’s business objectives. My initial focus, once we have confirmed the economic recoverability of the resource, is to obtain funding for a portable gold processing facility with the objective of generating cash flow as soon as practicable from the existing tailings”.

The Company’s CEO, Bruce Downing, stated, “Having Rosmir Capital on side to represent our value proposition to a wider financing audience is another important development for New Carolin. Having someone of George’s background and business acumen is a welcomed affiliation and we look forward to having a financial executive of his stature supporting the Company’s short and long term business initiatives and objectives.”

About New Carolin Gold Corp.

New Carolin Gold is a Canadian-based junior mineral exploration and development company engaged in the acquisition, exploration, evaluation and development of 104 sq kms of contiguous mineral claims, collectively known as the Ladner Gold Project, located along the prospective and under-explored Coquihalla Gold Belt located in southeastern British Columbia, which is host to several historic small gold producers including the Carolin Mine, Emancipation Mine, Pipestem Mine and numerous gold prospects.

ON BEHALF OF THE BOARD OF DIRECTORS

“Bruce W. Downing”

Bruce W. Downing, M.Sc., P.Geo, Hon.FEC

President & Chief Executive Officer

Office 778 – 294 – 3211

Email ceo@newcarolingold.com

Web site www.newcarolingold.com

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 the accuracy of this press release. We seek Safe Harbor.

Not for distribution in the United States.

Caution concerning forward-looking information

This news release may contain forward-looking statements that are based on the Company’s expectations, estimates and projections regarding its business and the economic environment in which it operates. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements. Statements speak only as of the date on which they are made, and the Company undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances, unless otherwise required to do so by law.

June 19, 2012: New Carolin Gold Applies for Waste Discharge Permit

June 19, 2012

NEW CAROLIN GOLD APPLIES FOR WASTE DISCHARGE PERMIT

New Carolin Gold Corp. (TSX – V: LAD) announces that it has submitted an application to the BC Ministry of Environment for a waste discharge permit for the tailings storage facility. The application is for approval of authorization to discharge tailings material from the tailings storage facility back into the tailings impoundment after processing. The application is for a temporary pilot test plant to be established at the tailings storage facility in Q3, 2012 to further evaluate specific metallurgical processes such as gravity gold separation that are anticipated to enhance the final process recovery of gold. Additional activities will include the initiation of a materials sample program and water quality test program. This application will also form part of the final waste discharge permit for the Tailings Reclamation Project.

About New Carolin Gold Corp.

New Carolin Gold Corp. is a Canadian junior-stage mining and exploration company engaged in the evaluation and development of several gold properties collectively known as the “Ladner Gold Project”. These properties are located in southwestern British Columbia, Canada and comprise approximately 134 square kilometers of contiguous mineral claims. The Project, located along the prospective and under-explored Coquihalla Gold Belt is host to several historic small gold producers including the Carolin Mine, Emancipation Mine, Pipestem Mine and numerous other gold prospects.

ON BEHALF OF THE BOARD OF DIRECTORS

“Bruce W. Downing”

Bruce W. Downing, M.Sc., P.Geo, Hon.FEC

President & Chief Executive Officer

Office 778 – 294 – 3211

Email ceo@newcarolingold.com

Web site www.newcarolingold.com

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 the accuracy of this press release. We seek Safe Harbor.

Not for distribution in the United States.

Caution concerning forward-looking information

This news release may contain forward-looking statements that are based on the Company’s expectations, estimates and projections regarding its business and the economic environment in which it operates. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements. Statements speak only as of the date on which they are made, and the Company undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances, unless otherwise required to do so by law.

June 15, 2012: New Carolin Gold Announces Convertible Debt Financing

June 15, 2012

NEW CAROLIN GOLD ANNOUNCES CONVERTIBLE DEBT  FINANCING

New Carolin Gold Corp. (TSX – V: LAD) announces today that, subject to regulatory approval, it intends to complete a non-brokered secured convertible debt financing of $500,000. The offering is convertible debt with an 8% coupon payable semi-annually. The debt is convertible into units consisting of one common share of the Company and one share purchase warrant at a price of $0.10 per unit. Term on conversion is 12 months. Each warrant is exercisable to purchase one common share of the Company for a period of 12 months from the closing date on payment. The Debentures will be redeemable by the Company at par plus accrued and unpaid interest upon 30 days’ written notice. A finder’s fee of 10% on the first $300,000 and 7% on the next $200,000 will be paid in connection with the total financing. The securities issued under this private placement will be subject to a four-month hold period. The private placement is expected to close no later than June 30, 2012.

The proceeds will be used to cover a near-term property payment, general working capital and to upgrade road access above the Carolin Mine in preparation for the planned 2012 drilling program.

Bruce Downing, President and CEO states, “Since completing two NI 43-101 gold resource estimate studies with a combined total of 691,540 inferred ounces of gold (cutoff of 0.5 g/t gold) at its Ladner Gold Property in southwestern British Columbia, the Company has been investigating various mine plans that utilize the Company’s current mine permit. The NI 43-101 Mineral Resource estimates validate previous internal Company reports regarding the gold assets and potential of the permitted past producing Carolin Mine, McMaster Zone and Tailings Impoundment. These resource estimates are integral to our corporate strategy to advance the Ladner Gold Property toward renewed gold production.”

“In order to advance the Ladner Gold Property in these challenging times, other forms of financing are being actively investigated. The goal is to maximize shareholder value by pursuing a financing facility that will minimize dilution. The Company has been approached by several interested parties regarding financing of the Tailings Project and the Carolin Mine both together and as separate entities. These potential financings are being reviewed with respect to future investors and partnerships. I am confident that upon review of the Company and its sizable land position, mine permit and prospects for developing a major gold resource, combined with existing assets and the overall value proposition, the investment community at large will recognize New Carolin Gold Corp. as an evolving mine development company.”

About New Carolin Gold Corp.

New Carolin Gold Corp. is a Canadian junior-stage mining and exploration company engaged in the evaluation and development of several gold properties collectively known as the “Ladner Gold Project”. These properties are located in southwestern British Columbia, Canada and comprise approximately 134 square kilometers of contiguous mineral claims. The Project, located along the prospective and under-explored Coquihalla Gold Belt is host to several historic small gold producers including the Carolin Mine, Emancipation Mine, Pipestem Mine and numerous other gold prospects.

For further Company and technical information, please visit the Company’s website at www.newcarolingold.com.

ON BEHALF OF THE BOARD OF DIRECTORS

“Bruce W. Downing”

Bruce W. Downing, M.Sc., P.Geo, Hon.FEC

President & Chief Executive Officer

Office 778 – 294 – 3211

Email ceo@newcarolingold.com

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 the accuracy of this press release. We seek Safe Harbor.

Not for distribution in the United States.

Caution concerning forward-looking information

This news release may contain forward-looking statements that are based on the Company’s expectations, estimates and projections regarding its business and the economic environment in which it operates. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements. Statements speak only as of the date on which they are made, and the Company undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances, unless otherwise required to do so by law.

June 14, 2012: New Carolin Gold Acquires 5 Claim Adjacent To Ladner Gold Project

June 14, 2012

NEW CAROLIN GOLD ACQUIRES 5 CLAIMS ADJACENT TO LADNER GOLD PROPERTY

New Carolin Gold Corp. (TSX – V: LAD) announces that it has completed the purchase of 5 claims covering approximately 86 hectares that are adjacent to the Company’s Ladner Gold Property. In accordance with New Carolin Gold’s agreement entered into with the holder of these claims, the Company purchased 100% interest for $2500. These claims cover areas that maybe conducive to host gold mineralization.

About New Carolin Gold Corp.

New Carolin Gold is a Canadian-based junior mineral exploration and mine development company engaged in the acquisition, exploration, evaluation and development of approximately 130 square kilometres of contiguous mineral claims, collectively known as the Ladner Gold Project, located along the prospective and under-explored Coquihalla Gold Belt located in southwestern British Columbia, which is host to several historic small gold producers including the Carolin Mine, Emancipation Mine, Pipestem Mine and numerous other gold prospects. The results of a recently completed airborne geophysical survey indicate a major magnetic linear structure that can be traced for over 18 km within the Company’s claims. The aforementioned gold prospects all occur along this magnetic trend. The linear structure is attributable to the presence of serpentinite, which is associated with gold mineralization.

ON BEHALF OF THE BOARD OF DIRECTORS

“Bruce W. Downing”

Bruce W. Downing, M.Sc., P.Geo, Hon.FEC

President & Chief Executive Officer

Office 778 – 294 – 3211

Email ceo@newcarolingold.com

Web site www.newcarolingold.com

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 the accuracy of this press release. We seek Safe Harbor.

Not for distribution in the United States.

Caution concerning forward-looking information

This news release may contain forward-looking statements that are based on the Company’s expectations, estimates and projections regarding its business and the economic environment in which it operates. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements. Statements speak only as of the date on which they are made, and the Company undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances, unless otherwise required to do so by law.

May 22, 2012: New Carolin Gold Announces Commencement of Airborne Geophysical Survey Over The Ladner Gold Property

May 22, 2012

NEW CAROLIN GOLD ANNOUNCES COMMENCEMENT OF AIRBORNE GEOPHYSICAL SURVEY OVER THE LADNER GOLD PROPERTY

New Carolin Gold Corp. (TSX – V: LAD) is pleased to announce that an airborne geophysical survey has commenced on the southern part of its Ladner Gold Project located in southwestern British Columbia. This survey will collect high resolution magnetic and radiometric data covering the southern part of the Coquihalla Gold Belt.

The northern part of the Coquihalla Gold Belt was flown in September 2011 by Precision GeoSurveys Inc. of Vancouver, British Columbia and the results were reported in a press release on January 19, 2012. The results of this airborne geophysical survey indicated a major magnetic linear structure that can be traced for over 18 km within the Company’s claims. The known gold prospects all occur along this magnetic trend. The linear structure is attributable to the presence of serpentinite, which is associated with gold mineralization. The survey on the southern part of the Coquihalla Gold Belt will also be flown by Precision GeoSurveys.

The purpose of this survey is to locate and map the following:

 Linear structures.

 Known and unknown gold-bearing structures and gold prospects.

 Areas of known and unknown alteration/silicification associated with gold mineralization.

 Ultramafic lithologies. The ultramafics (serpentinites) are associated with gold mineralization within the Carolin Mine, Emancipation Mine and McMaster Zone.

The Company is also pleased to announce that the report titled “NI 43-101 Mineral Resource Estimates on the Carolin Mine and McMaster Zone, Ladner Gold Project” authored by Clifford A. Pearson, P.Geo of Pearson Geological Services and W.A. Dzick, MBA, CPG of Snowden Mining Industry Consultants, which was referred to in a press release dated May 17, 2012, is available on www.sedar.com.

About New Carolin Gold Corp.

New Carolin Gold Corp. is a Canadian-based junior mineral exploration and mine development company engaged in the acquisition, exploration, evaluation and development of approximately 134 square kilometers of contiguous mineral claims, collectively known as the Ladner Gold Project, located along the prospective and under-explored Coquihalla Gold Belt located in southwestern British Columbia, Canada, which is host to several historic small gold producers including the Carolin Mine, Emancipation Mine, Pipestem Mine and numerous other gold prospects.

For further company and technical information please visit the Company’s website at www.newcarolingold.com.

ON BEHALF OF THE BOARD OF DIRECTORS

“Bruce W. Downing”

Bruce W. Downing, M.Sc., P.Geo, Hon.FEC

President & Chief Executive Officer

Office 778 – 294 – 3211

Email ceo@newcarolingold.comWeb site www.newcarolingold.com

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 the accuracy of this press release. We seek Safe Harbor.

Not for distribution in the United States.

Caution concerning forward-looking information

This news release may contain forward-looking statements that are based on the Company’s expectations, estimates and projections regarding its business and the economic environment in which it operates. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements. Statements speak only as of the date on which they are made, and the Company undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances, unless otherwise required to do so by law.

May 8, 2012: New Carolin Gold Acquires 13 Contiguous Claims Adjacent to Ladner Gold Property

May 8, 2012

NEW CAROLIN GOLD ACQUIRES 13 CONTIGUOUS CLAIMS ADJACENT TO LADNER GOLD PROPERTY

New Carolin Gold Corp. (TSX – V: LAD) announces that it completed a deal to purchase 13 contiguous claims covering approximately 273 hectares that are adjacent to the Company’s Ladner Gold Property. In accordance with New Carolin Gold’s agreement entered into with the holder of these claims, an aggregate of 15,000 options priced at $0.25 of the Company have been issued as consideration, together with a payment in the amount of $4,000. These claims cover a previous known gold showing which has been prospected since the 1970s.

Results from previous soil surveys covering the gold showing (as documented in various assessment reports) indicate that there are wide areas of anomalous gold (up to 350 ppb) and arsenic (up to 1850 ppm) values. Mineralization from scarce outcrops consists of pyrite and arsenopyrite. These claims cover the serpentinite – sediment contact which is associated with gold mineralization at the Carolin, Emanicpation and Pipestem Mines.

About New Carolin Gold Corp.

New Carolin Gold is a Canadian-based junior mineral exploration and mine development company engaged in the acquisition, exploration, evaluation and development of approximately 130 square kilometres of contiguous mineral claims, collectively known as the Ladner Gold Project, located along the prospective and under-explored Coquihalla Gold Belt located in southwestern British Columbia, which is host to several historic small gold producers including the Carolin Mine, Emancipation Mine, Pipestem Mine and numerous other gold prospects. The results of a recently completed airborne geophysical survey indicate a major magnetic linear structure that can be traced for over 18 km within the Company’s claims. The aforementioned gold prospects all occur along this magnetic trend. The linear structure is attributable to the presence of serpentinite, which is associated with gold mineralization.

ON BEHALF OF THE BOARD OF DIRECTORS

“Bruce W. Downing”

Bruce W. Downing, M.Sc., P.Geo, Hon.FEC

President & Chief Executive Officer

Office 778 – 294 – 3211

Email ceo@newcarolingold.com

Web site www.newcarolingold.com

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 the accuracy of this press release. We seek Safe Harbor.

Not for distribution in the United States.

Caution concerning forward-looking information

This news release may contain forward-looking statements that are based on the Company’s expectations, estimates and projections regarding its business and the economic environment in which it operates. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements. Statements speak only as of the date on which they are made, and the Company undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances, unless otherwise required to do so by law.

April 24, 2012: New Carolin Gold Announces Additional Gold Potential at Ladner Gold Property

April 24, 2012

NEW CAROLIN GOLD ANNOUNCES ADDITIONAL GOLD POTENTIAL AT LADNER GOLD PROPERTY

New Carolin Gold Corp. (TSX – V: LAD) is pleased to announce additional gold potential at its Ladner Gold Property in southwestern British Columbia. This includes both the historic small underground Pipestem Mine and Emancipation Mine.

The Pipestem Mine is approximately 2 km north of the historic Carolin Mine while the Emancipation Mine is approximately 3 km south of the Carolin Mine. Both these mines are associated with the serpentinite unit mapped at the Carolin Mine as being associated with gold mineralization. No drilling has been conducted between the Carolin and Emancipation Mines. Limited drilling near and along trend from the Pipestem Mine has encountered gold mineralization.

Highlights

Pipestem Mine: Historic intersections from underground drilling of 0.90 g/t gold over 41 metres and 3.00 g/t gold over 5 metres. Historic surface intersections include 4.45 g/t over 5 metres.

Emancipation Mine: Historic intersection of 20.5 g/t gold over 1.5 metres. Historic surface intersections include 12.7 g/t over 1.4 metres.

 These mines occur within the current mine permit area.

 They are open in all directions.

 Both mines are road accessible.

 Additional drill core testing will be needed to determine the full extent of the potential for an open pit / underground gold resource at each mine site.

Future Plans

The Company is reviewing the required exploration programs, including an IP geophysical survey and additional surface drilling to:

 confirm continuity and grade of gold mineralization within and around the Emancipation and Pipestem mines,

 define additional targets along the mineralized trend,

 provide sufficient current, verifiable data to allow NI 43-101 compliant mineral resource estimates to be made, and

 define the gold resource potentially amenable to open pit mining.

Figure 1 LADNER GOLD PROJECT PLAN

The Pipestem Mine (consisting of two portals and 300 metres of underground workings) operated intermittently between 1935 and 1937 and has a small recorded production (8,460 gm gold recovered from 1,498 tonnes ore). Exploration in 1982 consisted of 639 metres of surface and 1,722 metres of underground diamond drilling. Historic intersections from underground drilling included 0.90 g/t gold over 41 metres and 3.00 g/t gold over 5 metres. Surface intersection included 4.45 g/t over 5 metres.

The Emancipation Mine (consisting of four portals and 600 metres of underground workings) operated intermittently between 1913 and early 1941 and has a small recorded production (2,897 ounces) of gold from narrow, structurally controlled quartz veins carrying relatively high-grade gold values. During the underground drill program in 1981, historic intersections of higher grade mineralization (e.g. 20.5 g/t gold over 1.5 metres) were found. Surface intersection included 112.7 g/t over 1.4 metres.

Both these mines will be part of the NI 43-101 report which includes both the NI 43–101 resource estimates for the Carolin Mine and the McMaster Zone.

About New Carolin Gold Corp.

New Carolin Gold is a Canadian-based junior mineral exploration and mine development company engaged in the acquisition, exploration, evaluation and development of approximately 130 square kilometres of contiguous mineral claims, collectively known as the Ladner Gold Project, located along the prospective and under-explored Coquihalla Gold Belt located in southwestern British Columbia, which is host to several historic small gold producers including the Carolin Mine, Emancipation Mine, Pipestem Mine and numerous other gold prospects. The results of an airborne geophysical survey completed in November of 2011 indicate a major magnetic linear structure that can be traced for over 18 km within the Company’s claims. The aforementioned gold prospects all occur along this magnetic trend. The linear structure is attributable to the presence of serpentinite, which is associated with gold mineralization. (please see the Company’s website for the geophysical maps).

ON BEHALF OF THE BOARD OF DIRECTORS

“Bruce W. Downing”

Bruce W. Downing, M.Sc., P.Geo, Hon. FEC

President & Chief Executive Officer

Office 778 – 294 – 3211

Email ceo@newcarolingold.com

Web site www.newcarolingold.com

The technical information contained in this press release has been prepared by Bruce Downing, P.Geo, the president and CEO of the Company, who is designated as a Qualified Person, as defined in NI 43-101, with the ability and authority to verify the authenticity and validity of data.

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 the accuracy of this press release. We seek Safe Harbor.

Not for distribution in the United States.

Caution concerning forward-looking information

This news release may contain forward-looking statements that are based on the Company’s expectations, estimates and projections regarding its business and the economic environment in which it operates. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements. Statements speak only as of the date on which they are made, and the Company undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances, unless otherwise required to do so by law.

April 17, 2012: New Carolin Gold Announces Initiation of Metallurgical Test Program

April 17, 2012

NEW CAROLIN GOLD ANNOUNCES INITIATION OF METALLURGICAL TEST PROGRAM

New Carolin Gold Corp. (TSX – V: LAD) has initiated a metallurgical test program using drill core from the McMaster Zone at its Ladner Gold Property in British Columbia. This study will be carried out by SGS Canada Ltd.

This test work is required in order to conduct a preliminary economic assessment for the former producing Carolin Mine and the McMaster Zone. Mineralization of the McMaster Zone is similar to that of the Carolin Mine.

The drill core is a refractory sulfide gold mineralization. Gold is partially “locked” in pyrite and arsenopyrite. The SGS program will focus on the scoping level metallurgical test program which includes head analysis, comminution testing, gold amenability testing by whole ore cyanidation, flotation, as well as carbon in leach (CIL) followed by pressure oxidation. In addition, the amenability of the material for heap leaching will be evaluated. The test program will also include the basic environmental testing of the feed and tailings material.

Please see our new website www.newcarolingold.com .

About New Carolin Gold Corp.

New Carolin Gold is a Canadian-based junior mineral exploration and development company engaged in the acquisition, exploration, evaluation and development of 130 sq kms of contiguous mineral claims, collectively known as the Ladner Gold Project, located along the prospective and under-explored Coquihalla Gold Belt located in southeastern British Columbia, which is host to several historic small gold producers including the Carolin Mine, Emancipation Mine, Pipestem Mine and numerous gold prospects.

ON BEHALF OF THE BOARD OF DIRECTORS

“Bruce W. Downing”

Bruce W. Downing, M.Sc., P.Geo, Hon.FEC

President & Chief Executive Officer

Office 778 – 294 – 3211

Email ceo@newcarolingold.com

Web site www.newcarolingold.com

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 the accuracy of this press release. We seek Safe Harbor.

Not for distribution in the United States.

Caution concerning forward-looking information

This news release may contain forward-looking statements that are based on the Company’s expectations, estimates and projections regarding its business and the economic environment in which it operates. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements. Statements speak only as of the date on which they are made, and the Company undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances, unless otherwise required to do so by law.

April 11, 2012: New Carolin Gold Announces Updated Resource Estimate for the Carolin Mine at Ladner Gold Property

April 11, 2012

NEW CAROLIN GOLD ANNOUNCES UPDATED RESOURCE ESTIMATE FOR THE CAROLIN MINE AT LADNER GOLD PROPERTY

New Carolin Gold Corp. (TSX – V: LAD) is pleased to announce the completion of a NI 43-101 compliant resource estimate containing an updated gold resource in the Carolin Mine at its Ladner Gold Property in southwestern British Columbia.

This NI 43-101 Mineral Resource estimate validates previous internal Company reports regarding the mineral potential of the Carolin Mine. This resource estimate, together with the McMaster Zone Mineral Resource estimate, which was announced on March 28, 2012, is integral to our corporate strategy to advance the Ladner Gold Property toward renewed gold production. The required NI 43-101 technical report for the Carolin Mine will be filed on SEDAR within 45 days. It will support the Carolin and McMaster Zone Mineral Resource estimates and reference the historic Emancipation and Pipestem mines, along with numerous other gold showings on the property.

Highlights

This Mineral Resource estimate comprises two scenarios for the Carolin Mine:

  • Inferred Mineral Resource estimate is 607,000 oz gold (1.5 gm/t) in 12,352,124 tonnes at a cutoff grade of 0.5 g/t gold. This estimate would be indicative of a potential open pit resource.
  • Inferred Mineral Resource estimate of 278,000 oz gold (3.34 gm/t) in 2,588,736 tonnes at a cutoff grade of 2.0 g/t gold. This estimate indicates a potential underground operation, based on the existing and extensive underground development from previous operations in the 1980s. There is a potential open-pit zone above, and contiguous with, this underground Mineral Resource.
  • The Carolin Mine occurs within the current mine permit area.
  • The Carolin Mine mineralized zones are open for exploration in all directions.
  • This Inferred Mineral Resource takes into account only gold as silver was not included in the historical database.
  • Gold mineralization appears to occur in sub-parallel zones that dip to the northeast.
  • The Carolin Mine is an “Advanced Property” whereby most of the future drilling will be dedicated to mineral resource definition. Additional drill core testing will be needed to determine the full extent of the possibility of an open pit gold – underground resource and/or open-pit (global) resource to bring the Inferred tonnage estimates into the Indicated category.

Future Plans

The Company will focus on further defining and increasing the gold resource at the Carolin Mine. Additional diamond drilling is required to:

  • confirm continuity and grade of gold mineralization,
  • upgrade gold mineralization now reported in the Inferred category to the Measured and Indicated categories,
  • identify and define additional areas of gold mineralization outside, but in close proximity to, the current Carolin Mine resource envelope,
  • define, and increase, the gold resource potentially amenable to both open pit and underground mining.

In addition to diamond drilling, underground surveying will be needed to update the adit and drift database necessary for further drilling and help bring inferred estimate into the indicated category.

The longitudinal north-south cross section (looking east) shows the potential continuity of mineralization from the Carolin Mine to the McMaster Zone. The Montana gold prospect has gold mineralization similar to the McMaster and Carolin (see press release of December 15, 2011). There are sub-parallel stacked zones dipping to the northeast. There remains over one kilometer of strike length and 400 metres of vertical depth of untested ground in which to build the gold resource. The Carolin has only been drilled to the 750 metre level with the lower portal being at the 800 metre level. Other portals occur at the 900 and 1000 metre levels. Note the gold surface exposure (red blocks) which occurs at the 1015 metre level.

Carolin Mine

Inferred Mineral Resource Estimate

April 2012 Cut Off Tonnes Grade Gold Gold
grams grams gms (000) Ounces (000)
3.5 771,339 5.12 3,945 127
3 1,131,794 4.52 5,112 164
2.5 1,716,177 3.91 6,705 216
2 2,588,736 3.34 8,649 278
1.5 4,220,902 2.72 11,468 369
1 7,149,854 2.11 15,086 485
0.5 12,352,124 1.53 18,886 607
0.1 19,132,294 1.09 20,797 669

CIM definitions were followed for Mineral Resources.

Mineral Resources are undiluted.

Mineral Resources that are not Mineral Reserves do not have demonstrated economic viability. There is no certainty that all or any part of the Mineral Resource will be converted into Mineral Reserves.

 Mineral Resource Estimate Parameters:

Details of the parameters used in the mineral resource estimate are as follows:

  • This mineral resource estimate is based on 44,311 metres of drill core from 637 diamond drill holes comprised of 51 surface and 586 underground drillholes, approximately 10 kms of underground drifts and mined out sections which are part of a historical database. Drill core is not available for direct verification of sampled intervals, hence this resource is classified as Inferred. Available data, including drill hole collar information, drill hole logs, assay certificates, government assessment reports, internal Company reports and press releases have been checked, compared and verified to support this Inferred category Mineral Resource estimate.
  • Missing or unsampled intervals were filled with 0.001 g/t gold.
  • A three dimensional block model with parent block dimensions 10m x 10m x 5m sub-blocked to 2m x 2m x 2.5m was produced using Vulcan 3D mining software.
  • The gold grade distribution within the mineralized domain was examined to determine if capping was required. A cap of 17.0 g/t was applied.
  • Composited gold assay values were analyzed using Supervisor software to generate pairwise relative semivariograms.
  • Gold grade estimation was carried out using inverse distance cubed method using one metre downhole drill hole composites. This method was used to interpolate grades into blocks within the block model. The estimate was completed using a three pass approach with the search ellipse for each pass being a function of the semivariogram ranges.
  • Specific gravity value of 2.78 was used as this was the historical value used in past estimate studies.

Mineral Resource Estimate

This Mineral Resource estimate has been prepared by Mr. Walter A. Dzick, CPG. (Snowden Consultants) and Mr. Cliff Pearson, P.Geo (Pearson Geological Services), each one being an independent “Qualified Person” under the National Instrument 43-101 Standards of Disclosure for Mineral Projects. The technical information contained in this news release was prepared by Mr. Bruce Downing, CEO for New Carolin Gold Corp., who is a “Qualified Person” under NI 43-101.

This report validates prior Company reports and continues New Carolin’s tradition of execution. The Company is now able to plan a definitive drill program as part of its overall exploration and development plan at the Carolin Mine.

Bruce Downing, President and CEO, commented, “The two recently completed NI 43-101 reports on the Carolin Mine and the McMaster Zone give a combined Inferred Resource of 686,540 ounces of gold contained in a total of 15,927,204 tonnes of mineralized material at a cutoff grade of 0.5 g/t gold. We expect that this new Inferred Resource will provide a benchmark for revaluing the market capitalization of the Company using typical industry-wide valuation metrics. Based on the size of this Inferred Resource, which has been estimated on a small portion of the Company’s total land position, we believe that the under-explored Coquihalla Gold Belt could have the potential to host a multi-million ounce deposit”.

About New Carolin Gold Corp.

New Carolin Gold is a Canadian-based junior mineral exploration and mine development company engaged in the acquisition, exploration, evaluation and development of approximately 130 square kilometres of contiguous mineral claims, collectively known as the Ladner Gold Project, located along the prospective and under-explored Coquihalla Gold Belt located in southwestern British Columbia, which is host to several historic small gold producers including the Carolin Mine, Emancipation Mine, Pipestem Mine and numerous other gold prospects. The results of a recently completed airborne geophysical survey indicate a major magnetic linear structure that can be traced for over 18 km within the Company’s claims. The aforementioned gold prospects all occur along this magnetic trend. The linear structure is attributable to the presence of serpentinite, which is associated with gold mineralization.

ON BEHALF OF THE BOARD OF DIRECTORS “Bruce W. Downing”

Bruce W. Downing, M.Sc., P.Geo, Hon.FEC

President & Chief Executive Officer

Office 778 – 294 – 3211

Email ceo@newcarolingold.com

Web site www.newcarolingold.com

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 the accuracy of this press release. We seek Safe Harbor.

Not for distribution in the United States.

Caution concerning forward-looking information

This news release may contain forward-looking statements that are based on the Company’s expectations, estimates and projections regarding its business and the economic environment in which it operates. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements. Statements speak only as of the date on which they are made, and the Company undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances, unless otherwise required to do so by law.

April 2, 2012: New Carolin Gold Concludes Annual and Special Meeting of Shareholders

April 2, 2012

NEW CAROLIN GOLD CONCLUDES ANNUAL AND SPECIAL MEETING OF SHAREHOLDERS

New Carolin Gold Corp. (TSX – V: LAD) is pleased to announce that the Company concluded its Annual and Special Meeting of Shareholders held on March 30, 2012. At the meeting, all resolutions were approved by shareholders of the Company. A total of 13,246,550 common shares were voted representing 29.86% of the 44,364,758 outstanding eligible voting shares of the Company as at the record date of February 14, 2012.

The shareholders re-elected Bruce W. Downing, J. Graham Eacott, Jerry DeMarco, and Richard T. Gillard to the Board of Directors.

New Carolin Gold Corp. also announced that, subject to the approval of the TSX Venture Exchange, the Company approved the granting of a total of 400,000 stock options to the four directors of New Carolin Gold on March 30, 2012. The stock options are exercisable into common shares of New Carolin Gold at an exercise price of C$0.16 per share for a period of five years. New Carolin Gold’s common shares closed at C$0.155 on the TSX Venture Exchange on March 29, 2012. The Company has 49,941,839 common shares issued and outstanding. Under the terms of the Company’s “rolling” Incentive Stock Option Plan a maximum of 4,994,184 shares are available to be issued pursuant to the exercise of options at this time. Including this grant of 400,000 options, a total of 3,930,000 shares have been reserved for issuance pursuant to option grants. A further 1,064,184 shares are available for issuance pursuant to future option grants at this time.

About New Carolin Gold Corp.

New Carolin Gold is a Canadian-based junior mineral exploration and mine development company engaged in the acquisition, exploration, evaluation and development of approximately 130 square kilometres of contiguous mineral claims, collectively known as the Ladner Gold Project, located along the prospective and under-explored Coquihalla Gold Belt located in southwestern British Columbia, which is host to several historic small gold producers including

the Carolin Mine, Emancipation Mine, Pipestem Mine and numerous other gold prospects. The results of a recently completed airborne geophysical survey indicate a major magnetic linear structure that can be traced for over 18 km within the Company’s claims. The aforementioned gold prospects all occur along this magnetic trend. The linear structure is attributable to the presence of serpentinite, which is associated with gold mineralization.

For further Company and technical information, please visit the Company’s website at www.newcarolingold.com.

ON BEHALF OF THE BOARD OF DIRECTORS

“Bruce W. Downing”

Bruce W. Downing, M.Sc., P.Geo., Hon.FEC

President & Chief Executive Officer

Phone 778 – 294 – 3211

Email ceo@newcarolingold.com

Website www.newcarolingold.com

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 the accuracy of this press release. We seek Safe Harbor.

Not for distribution in the United States.

Caution concerning forward-looking information

This news release may contain forward-looking statements that are based on the Company’s expectations, estimates and projections regarding its business and the economic environment in which it operates. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements. Statements speak only as of the date on which they are made, and the Company undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances, unless otherwise required to do so by law.

March 30, 2012: New Carolin Gold Corp. Announces Shareholder Approval of Shareholder Rights Plan

March 30, 2012

NEW CAROLIN GOLD CORP. ANNOUNCES SHAREHOLDER APPROVAL OF SHAREHOLDER RIGHTS PLAN

New Carolin Gold Corp. (“New Carolin” or the “Corporation”) (TSX-V: LAD) is pleased to announce that shareholders approved a shareholder rights plan (the “Rights Plan”) at the Corporation’s Annual and Special General Meeting held on March 30, 2012. The objectives of the Rights Plan are to ensure, to the extent possible, that all shareholders of the Corporation are treated equally and fairly in connection with any possible take-over bid for the Corporation. Take-over bids may not always result in shareholders receiving equal or fair treatment or full value for their investment. In addition, current securities legislation only requires a take-over bid to remain open for 35 days. The Board of Directors believes that this period may be insufficient for the shareholders to evaluate a bid, or for the Board of Directors to pursue alternatives which could maximize shareholder value and make informed recommendations to shareholders. The Rights Plan was not adopted in response to, or in anticipation of, any acquisition or take-over offer. The Corporation is not aware of any pending or threatened take-over bid for New Carolin.

In order to implement the Rights Plan, the Board of Directors has authorized the issuance of the rights to holders of its common shares at the ratio of one right for each common share outstanding. For administrative convenience, the rights will automatically attach to the common shares and will be represented by certificates representing the common shares. No further action will be required by shareholders. On the occurrence of certain triggering events, which include the acquisition by a person or a group of 20% or more of the votes attached to all outstanding common shares of the Corporation in a transaction not approved by the Board of Directors, the rights will entitle the holders (other than the acquiring person or group) to acquire common shares of the Corporation at a significant discount to the market price. The rights are not triggered by purchases of voting shares made pursuant to a “permitted bid” (as defined in the Rights Plan) or where the application of the Rights Plan is waived in accordance with its terms.

The Rights Plan is subject to acceptance by the TSX Venture Exchange.

About New Carolin Gold Corp.

New Carolin Gold is a Canadian-based junior mineral exploration and mine development company engaged in the acquisition, exploration, evaluation and development of approximately 130 square kilometres of contiguous mineral claims, collectively known as the Ladner Gold Project, located along the prospective and under-explored Coquihalla Gold Belt located in southwestern British Columbia, which is host to several historic small gold producers including the Carolin Mine, Emancipation Mine, Pipestem Mine and numerous other gold prospects. The results of a recently completed airborne geophysical survey indicate a major magnetic linear structure that can be traced for over 18 km within the Company’s claims. The aforementioned gold prospects all occur along this magnetic trend. The linear structure is attributable to the presence of serpentinite, which is associated with gold mineralization.

For further Company and technical information, please visit the Company’s website at www.newcarolingold.com.

ON BEHALF OF THE BOARD OF DIRECTORS

“Bruce W. Downing”

Bruce W. Downing, M.Sc., P.Geo., Hon.FEC

President & Chief Executive Officer

Phone 778 – 294 – 3211

Email ceo@newcarolingold.com

Website www.newcarolingold.com

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 the accuracy of this press release. We seek Safe Harbor.

Not for distribution in the United States.

Caution concerning forward-looking information

This news release may contain forward-looking statements that are based on the Company’s expectations, estimates and projections regarding its business and the economic environment in which it operates. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements. Statements speak only as of the date on which they are made, and the Company undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances, unless otherwise required to do so by law.

March 28, 2012: New Carolin Gold Announces Initial Resource Estimate for McMaster Zone at Ladner Gold Property

March 28, 2012

NEW CAROLIN GOLD ANNOUNCES INITIAL RESOURCE ESTIMATE FOR MCMASTER ZONE AT LADNER GOLD PROPERTY

New Carolin Gold Corp. (TSX – V: LAD) is pleased to announce the completion of a NI 43-101 compliant resource estimate to determine an initial gold resource in the McMaster Zone at its Ladner Gold Property in southwestern British Columbia. The McMaster Zone is approximately 1.3 km north of the historic Carolin Mine and is on strike with the same serpentinite unit as mapped at the Carolin Mine which is associated with gold mineralization. The McMaster to Carolin area represents less than 5% of the total land package.

This NI 43-101 Mineral Resource estimate validates previous internal Company reports regarding the mineral potential of the McMaster Zone. The Company has initiated a NI 43 -101 compliant resource estimate for the Carolin Mine, which is forthcoming, and together these reports are integral to our corporate strategy to advance the Ladner Gold property toward renewed gold production.

Highlights

 Inferred Mineral Resource estimate is 79,540 oz gold in 3,575,080 tonnes at a cutoff grade of 0.5 g/t gold.

 The McMaster Zone occurs within the current mine permit area.

 The McMaster Zone is open in all directions.

 This resource takes into account only gold as silver was not included in the historical database. Recent drilling by the Company indicates the presence of silver accompanying the gold mineralization.

 Gold mineralization appears to occur in sub-parallel zones that dip to the northeast.

 This resource estimate does not take into account of a gold oxide zone mapped in surface trenches and encountered in several drill holes.

 Additional drill core testing will be needed to determine the full extent of the possibility of an open pit gold resource and to bring the inferred tonnage estimates into the indicated category.

Future Plans

The Company will focus on further defining and increasing the gold resource at the McMaster Zone. Additional diamond drilling is required to:

 confirm continuity and grade of gold mineralization along the 400 meters of strike length tested to date,

 upgrade gold mineralization now reported in the Inferred category to the Measured and Indicated categories,

 identify and define additional areas of gold mineralization outside, but in close proximity to, the current McMaster Zone resource envelope and

 define, and increase, the gold resource potentially amenable to open pit mining.

McMaster Zone

Inferred Mineral Resource Estimate

March 2012 Cut Off Tonnes Grade Gold Gold
(gms) (000) (g/t) gms (000) (oz)
3.5 79 3.71 294 9,450
3 118 3.22 381 12,235
2.5 253 2.74 692 22,255
2 548 2.24 1,225 39,370
1.5 709 1.73 1,229 39,520
1 1,198 1.22 1,467 47,150
0.5 3,575 0.69 2,474 79,540

CIM definitions were followed for Mineral Resources.

Mineral Resources are undiluted.

Mineral resources that are not mineral reserves do not have demonstrated economic viability.

Details of the parameters used in the resource estimate are as follows:

 This mineral resource estimate is based on 4200 metres of drillcore from 38 diamond drill holes. Approximately 2500 metres from 28 diamond drill holes are part of a historical database and the remaining 1700 metres from 10 holes were drilled by New Carolin, the results of which were given in press releases of January 6 and January 12, 2010. Pre-2009 drill core is not available for direct verification of sampled intervals. Available data, including drill hole collar information, drill hole logs, assay certificates, government assessment reports, internal Company reports and press releases have been checked, compared and verified to support this Inferred category Mineral Resource estimate.

 Missing or unsampled intervals were filled with 0.001 g/t gold.

 A three dimensional block model with dimensions 10m x 10m x 5m was produced using Vulcan 3D mining software.

 The gold grade distribution within the mineralized domain was examined to determine if capping was required. A cap of 7.2 g/t was applied.

 Composited gold assay values were analyzed using Supervisor software to generate pairwise relative semivariograms.

 Gold grade estimation was carried out using inverse distance cubed method using 2 metre downhole drill hole composites. This method was used to interpolate grades into blocks within the block model. The estimate was completed using a three pass approach with the search ellipse for each pass being a function of the semivariogram ranges.

 Specific gravity value of 2.78 was used as this was the historical value used in past estimate studies.

This mineral resource estimate has been prepared by Mr. Walter A. Dzick, CPG. (Snowden Consultants) and Mr. Cliff Pearson, P.Geo (Pearson Geological Services), each one being an independent “Qualified Person” under the National Instrument 43-101 Standards of Disclosure for Mineral Projects. The technical information contained in this news release was prepared by Mr. Bruce Downing, CEO for New Carolin Gold Corp., who is a “Qualified Person” under NI 43-101.

This report validates prior Company reports and continues New Carolin’s tradition of execution. The Company is now able to plan a definitive drill program as part of its overall exploration and development plan at the McMaster Zone.

About New Carolin Gold Corp.

New Carolin Gold is a Canadian-based junior mineral exploration and mine development company engaged in the acquisition, exploration, evaluation and development of approximately130 square kilometres of contiguous mineral claims, collectively known as the Ladner Gold Project, located along the prospective and under-explored Coquihalla Gold Belt located in southwestern British Columbia, which is host to several historic small gold producers including the Carolin Mine, Emancipation Mine, Pipestem Mine and numerous other gold prospects. The results of a recently completed airborne geophysical survey indicates a major magnetic linear structure that can be traced for over 18 km within the company’s claims. The aforesaid gold prospects all occur along this magnetic trend. The linear structure is attributable to the presence of serpentinite, which is associated with gold mineralization.

ON BEHALF OF THE BOARD OF DIRECTORS

“Bruce W. Downing”

Bruce W. Downing, M.Sc., P.Geo, Hon.FEC

President & Chief Executive Officer

Office 778 – 294 – 3211

Email ceo@newcarolingold.com

Web site www.newcarolingold.com

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 the accuracy of this press release. We seek Safe Harbor.

Not for distribution in the United States.

Caution concerning forward-looking information

This news release may contain forward-looking statements that are based on the Company’s expectations, estimates and projections regarding its business and the economic environment in which it operates. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements. Statements speak only as of the date on which they are made, and the Company undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances, unless otherwise required to do so by law.

March 14, 2012: New Carolin Gold Announces Positive Preliminary Economic Assessment of the Tailings Reclamation Project

March 14, 2012

NEW CAROLIN GOLD ANNOUNCES POSITIVE PRELIMINARY ECONOMIC ASSESSMENT OF THE TAILINGS RECLAMATION PROJECT

New Carolin Gold Corp. (TSX – V: LAD) is pleased to announce the results of the Preliminary Economic Assessment (PEA) for the Tailings Reclamation Project at its Ladner Gold Property in British Columbia.

The study recommends that the project be built as a portable mill operation producing a saleable concentrate. The mill will be built using industry standard equipment and processing systems to minimize technical and operational risks.

HIGHLIGHTS

 A projected best case scenario is an estimated NPV (at 5% discount) of $8,000,000 with an IRR of 35% for a seasonal 60 month project life at a milling rate of 400 tpd, based on a gold price of US$1,100 per oz and a US$:CDN$ exchange rate of 1:1.

 Royalty range of 20 to 30%

 Capital costs are estimated at $8.3 million +/- 35% in Q4 2011 dollars.

 Life of Mine (“LOM”) onsite cash operating costs are estimated at CDN$3.5 million. .

 The project as designed is expected to produce a total of 24,483 ounces of gold contained in concentrate.

 The PEA is based on the NI 43-101 resource study which delineated an Indicated Mineral Resource estimate of 23,700 oz gold in 445,378 tons at a cutoff grade of 1.00 gm/t gold and an Inferred Mineral Resource estimate of 5,000 oz gold in 93,304 tons at a cutoff grade of 1.00 gm/t gold (see press release of November 9, 2011).

The PEA is an important milestone for the Ladner Gold Project for the following reasons:

 Provides early cash flow to the Company,

 Provides more space in the impoundment anticipating startup of the former Carolin Mine,

 Provides a potential byproduct of tailings sands that could be used as borrow material and

 Initiates operational approval necessary for updating permits for the mine.

FINANCIAL VALUATION

The PEA indicates the economic returns from the project justify development of the Tailings Reclamation Project. The financial results of the assessment (“Base Case”) were developed using gold commodity price of US $1,100 per oz and a discount rate of 5.0%. The gold price was considered reasonable given the current industry estimate of USD $1,100 per oz as a long term price. The gold in concentrate is the realized saleable gold concentrate.

Base Case using USD $600/oz (gold in concentrate) and exchange rate USD:CDN as 1:1

Initial Capital Investment CDN $8,300,000
Payback period 60 months
Mill operation 60 months
IRR 5.20%
NPV (5% discount) CDN $50,000
Mill throughput 400 tons per day
Mill feed grade 1.80 gms/ton
Recovery 85%
Tailings Resource 23,700 oz gold
5,000 oz gold

Comparison of alternative scenarios using adjusted “gold in concentrate”.

CASE Gold (USD/oz) NPV at 5% discount IRR
Base Case $600 $50,000 5.20%
Scenario 1 $625 $450,000 6.90%
Scenario 2 $1,100 $8,000,000 35.30%

CAPITAL AND OPERATING COSTS The total initial capital investment in the project is estimated to be CDN $8.3 million, which represents the total direct and indirect costs, including associated infrastructure and contingencies based on a 35% margin of error. The Base Case presented in the PEA is designed to allow for the worst case scenario, however it is anticipated that the gold price will be higher and the contingency will be less than 35%.

SENSITIVITY ANALYSIS

The following graphs demonstrate the sensitivity of project economics to changes in gold prices.

MINERAL RESOURCES

The NI 43-101 resource study delineated an Indicated Mineral Resource estimate of 23,700 oz gold in 445,378 tons at a cutoff grade of 1.00 gm/t gold and an Inferred Mineral Resource estimate of 5,000 oz gold in 93,304 tons at a cutoff grade of 1.00 gm/t gold (see press release of November 9, 2011). Additional resource potential exists as the resource estimate accounts for approximately 60% of the drilled area within the tailings impoundment and additional drilling will be needed to determine the full extent of the gold resource. Mineral resources that are not mineral reserves do not have demonstrated economic viability.

Table 1: CAROLIN TAILINGS – INDICATED RESOURCE
Au Cutoff Tons> Cutoff Grade Contained Ounces
(g/t) (tons) Au (g/t) Gold
1.00 445,378 1.83 23,700
1.50 334,529 1.99 19,400
2.00 124,058 2.45 8,900
2.50 39,436 2.96 3,400
3.00 13,531 3.46 1,400
3.50 5,217 3.89 600
4.00 1,772 4.28 200
Table 2: CAROLIN TAILINGS – INFERRED RESOURCE
Au Cutoff Tons> Cutoff Grade Contained Ounces
(g/t) (tons) Au (g/t) Gold
1.00 93,304 1.85 5,000
1.50 68,252 2.07 4,100
2.00 40,596 2.28 2,700
2.50 6,217 2.65 500
3.00 261 3.09 20

CIM definitions were followed for Mineral Resources.

Mineral Resources are undiluted.

DEVELOPMENT PLAN The PEA evaluates the development of the tailings by conventional recovery methods, using slurry pumps and portable processing equipment. The permitted tailings impoundment has been monitored and inspected by independent consulting engineers and is in excellent condition.

The portable plant design is based on a single line flow sheet employing flotation, regrinding, thickening and filtering to produce a concentrate for export averaging 19.0 gm/t gold. The primary and regrind product sizes and flotation parameters were determined by metallurgical test work. While the test work indicates that the concentrate contains some arsenic, a penalty for the arsenic has been taken into account.

Water from the tailings slurry will be reclaimed for use in the milling process, however there will be some excess water discharge. A water treatment plant has been included in the process to ensure that the water quality conforms to all provincial water quality guidelines. Mine infrastructure includes upgrading of an existing forest access road over a distance of approximately 10km. There is no need for camp facilities as most of the mine and plant operating and maintenance labour is expected to be drawn from the Hope area which is approximately 18 km to the south.

The tailings process facility will be operated under a sub-contractor agreement and that the Company will be paid a royalty. Following the processing of the gold resources contained in the tailings, the tailings impoundment will be used in conjunction with the proposed underground and open pit mine development and processing in the upgraded onsite mill facility.

OPPORTUNITIES The economics of the PEA do not take into account opportunities for future improvement based on:

 Varying the mill throughput.

 Further development of the PEA process flowsheet to increase the level of gold contained in the processed concentrate.

 Potential for payable silver in the concentrate

  • Improved metallurgical performance

 Shared access development cost

Future Work Program Management’s plans for 2012 are:

 Complete and submit the various applications for operational permitting,

 Continue water sampling of the tailings impoundment and surrounding area,

 Investigate and implement opportunities for improvement in project economics, and

 Proceed with financing and strategic partnership discussions with interested parties.

TECHNICAL REPORT

The PEA was prepared to conform to Canada’s NI 43-101 reporting standards for a Technical Report by B. Ross Design Inc., which is a consulting engineering company based in Vancouver. Established in 2005, B. Ross Design Inc. tailors its services to the mining industry and provides a full service engineering package to junior and mid-tier mining companies. B. Ross Design Inc. has a solid background of international consulting for a wide range of mining projects including precious and base metals and industrial minerals projects, at all levels of projects from studies through to detailed engineering and construction.

The technical report of the PEA will be posted on the Company’s website (www.newcarolingold.com) within 45 days.

Report Authors

The authors responsible for the preparation of the PEA document are:

 Mr. Blaine R. Ross, Principal, B. Ross Design Inc.

 Mr. Jeffrey W. Selder, M. Eng (Mining), Project Manager, B. Ross Design Inc.

 Dr. Marcello Veiga, P. Eng., PhD., Associate Professor, University of British Columbia (Metallurgical Testing and Process Development)

 Dr. Giorgio de Tomi, P.E., PhD, Professor, Mining Engineering, University of Sao Paulo

 Mr. Neil S. Seldon, Seldon and Associates (Minerals and Metals Marketing)

 Mr. Steve Ip, CMA, M. Eng. (Mining), BASc (Mech), (Financial Analysis)

A paper was presented at the recent Tailings and Mine Waste Conference held from November 6 to 11, in Vancouver, BC. titled “ Daniel, Adrian and Downing, B.W., 2011, Investigating the Reprocessing of Carolin Mine Tailings, Proceedings Tailings and Mine Waste 2011, Vancouver, BC.”.

About New Carolin Gold Corp.

New Carolin Gold is a Canadian-based junior mineral exploration and development company engaged in the acquisition, exploration, evaluation and development of 130 sq kms of contiguous mineral claims, collectively known as the Ladner Gold Project, located along the prospective and under-explored Coquihalla Gold Belt located in southeastern British Columbia,

which is host to several historic small gold producers including the Carolin Mine, Emancipation Mine, Pipestem Mine and numerous gold prospects.

ON BEHALF OF THE BOARD OF DIRECTORS

“Bruce W. Downing”

Bruce W. Downing, M.Sc., P.Geo, Hon.FEC

President & Chief Executive Officer

Office 778 – 294 – 3211

Email bwdowning@shaw.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 the accuracy of this press release. We seek Safe Harbor.

Not for distribution in the United States.

Caution concerning forward-looking information

This PEA is preliminary in nature which includes the use of inferred mineral resources that are considered speculative geologically and there is no assurance the mining, metal production, or cash flow scenarios outlined in this report would ever be realized.

This news release may contain forward-looking statements that are based on the Company’s expectations, estimates and projections regarding its business and the economic environment in which it operates. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements. Statements speak only as of the date on which they are made, and the Company undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances, unless otherwise required to do so by law.

March 8, 2012: New Carolin Gold Closes Non-Brokered Unit and Non-Brokered Flow-Through Unit Private Placement Financings

New Carolin Gold Corp. (TSX – V: LAD) announces today that, subject to regulatory approval,

the Company has closed two non-brokered private placement financings.

Non-Brokered Unit Private Placement

Subject to regulatory approval, the Company has closed a non-brokered private placement of 2,976,415 Units at a price of C$0.13 per Unit for gross proceeds of C$386,934. Each Unit will consist of one Common Share and One-Half of One Common Share Purchase Warrant. Each whole Common Share Purchase Warrant will entitle the holder to purchase one additional Common Share of the Company at any time for a 12-month period from the date of issuance, at an exercise price of C$0.13 per share. Two directors of the Company subscribed C$50,000 for 384,615 Units, and advisors and consultants to the Company subscribed C$131,690 for 1,013,000 Units of the total amount. The Company may pay a finder’s fee in respect of certain investors introduced to the Company of up to 10% of the gross proceeds of this private placement in cash. The proceeds from the sale of the units will be used for general corporate purposes.

Non-Brokered Flow-Through Unit Private Placement

Subject to regulatory approval, the Company has closed a non-brokered private placement of 2,450,666 Flow-Through Units at a subscription price of C$0.15 per Flow-Through Unit for gross proceeds of C$367,600. Each Flow-Through Unit will comprise one Common Share and One- Half of One Common Share Purchase Warrant. Each whole Common Share Purchase Warrant will entitle the holder to purchase one additional Common Share of the Company at any time for a 12-month period from the date of issuance, at an exercise price of C$0.20 per share. The Company may pay a finder’s fee in respect of certain investors introduced to the Company of up to 7% of the gross proceeds of this private placement in cash. The proceeds from the sale of the flow-through shares will be used to incur Canadian Exploration Expense (“CEE”), as defined in the Income Tax Act (Canada). The Company will renounce such CEE to the subscribers

effective for the 2012 tax year. The funds will be used for exploration on the Company’s Ladner Gold property in British Columbia.

All of the securities issued under these two private placements will be subject to a four-month hold period.

About New Carolin Gold Corp.

New Carolin Gold Corp. is a Canadian junior-stage mining and exploration company engaged in the evaluation and development of several gold properties collectively known as the “Ladner Gold Project”. These properties are located in southwestern British Columbia, Canada and comprise approximately 130 square kilometers of contiguous mineral claims. The Project, located along the prospective and under-explored Coquihalla Gold Belt is host to several historic small gold producers including the Carolin Mine, Emancipation Mine, Pipestem Mine and numerous other gold prospects.

For further Company and technical information, please visit the Company’s website at www.newcarolingold.com.

ON BEHALF OF THE BOARD OF DIRECTORS

“Bruce W. Downing”

Bruce W. Downing, M.Sc., P.Geo., Hon.FEC

President & Chief Executive Officer

Phone 778 – 294 – 3211

Email ceo@newcarolingold.com

Website www.newcarolingold.com

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 the accuracy of this press release. We seek Safe Harbor.

Not for distribution in the United States.

Caution concerning forward-looking information

This news release may contain forward-looking statements that are based on the Company’s expectations, estimates and projections regarding its business and the economic environment in which it operates. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements. Statements speak only as of the date on which they are made, and the Company undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances, unless otherwise required to do so by law.

February 27, 2012: New Carolin Gold Corp. Announces Adoption of Shareholder Rights Plan

New Carolin Gold Corp. (“New Carolin” or the “Corporation”) (TSX-V: LAD) is pleased to announce that its Board of Directors has adopted a shareholder rights plan (the “Rights Plan”).

The objectives of the Rights Plan are to ensure, to the extent possible, that all shareholders of the Corporation are treated equally and fairly in connection with any possible take-over bid for the Corporation. Take-over bids may not always result in shareholders receiving equal or fair treatment or full value for their investment. In addition, current securities legislation only requires a take-over bid to remain open for 35 days. The Board of Directors believes that this period may be insufficient for the shareholders to evaluate a bid, or for the Board of Directors to pursue alternatives which could maximize shareholder value and make informed recommendations to shareholders. The Rights Plan was not adopted in response to, or in anticipation of, any acquisition or take-over offer. The Corporation is not aware of any pending or threatened take-over bid for New Carolin.

In order to implement the Rights Plan, the Board of Directors has authorized the issuance of the rights to holders of its common shares at the ratio of one right for each common share outstanding. For administrative convenience, the rights will automatically attach to the common shares and will be represented by certificates representing the common shares. No further action will be required by shareholders. On the occurrence of certain triggering events, which include the acquisition by a person or a group of 20% or more of the votes attached to all outstanding common shares of the Corporation in a transaction not approved by the Board of Directors, the rights will entitle the holders (other than the acquiring person or group) to acquire common shares of the Corporation at a significant discount to the market price. The rights are not triggered by purchases of voting shares made pursuant to a “permitted bid” (as defined in the Rights Plan) or where the application of the Rights Plan is waived in accordance with its terms.

The Rights Plan is subject to acceptance by the TSX Venture Exchange and approval by the Corporation’s shareholders. The Rights Plan will be submitted to the shareholders for approval at the Corporation’s next annual general and special meeting to be held on March 30, 2012. If approved by the shareholders, the Rights Plan will have a term of three years.

About New Carolin Gold Corp.

New Carolin Gold Corp. is a Canadian junior-stage mining and exploration company engaged in the evaluation and development of several gold properties collectively known as the “Ladner Gold Project”. These properties are located in southwestern British Columbia, Canada and comprise approximately 104 square kilometers of contiguous mineral claims. The Project, located along the prospective and under-explored Coquihalla Gold Belt is host to several historic small gold producers including the Carolin Mine, Emancipation Mine, Pipestem Mine and numerous other gold prospects.

For further Company and technical information, please visit the Company’s website at www.newcarolingold.com.

ON BEHALF OF THE BOARD OF DIRECTORS

“Bruce W. Downing”

Bruce W. Downing, M.Sc., PGeo., Hon.FEC

President & Chief Executive Officer

Phone 778 – 294 – 3211

Email ceo@newcarolingold.com

Website www.newcarolingold.com

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 the accuracy of this press release. We seek Safe Harbor.

Not for distribution in the United States.

Caution concerning forward-looking information

This news release may contain forward-looking statements that are based on the Company’s expectations, estimates and projections regarding its business and the economic environment in which it operates. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements. Statements speak only as of the date on which they are made, and the Company undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances, unless otherwise required to do so by law.

February 14, 2012: New Carolin Gold Corp. Announces Results of Remaining Four Surface Diamond Drill Holes at McMaster Zone

New Carolin Gold Corp. (TSX – V: LAD; USA – MDULF) reports the results from the remaining four holes (# 35 to 38) of a five-hole diamond drill (NQ size) program on the McMaster Zone, at its Ladner Gold Property near Hope in southeast British Columbia. The results from the first hole, Hole 34, were reported on July 27, 2011. The McMaster Zone is located approximately 1.3 km north of the former Carolin Gold Mine.

Hole 38 intercepted 52.4 metres grading 0.87 gm/t gold which included 22.8 metres of 1.51 gm/t gold. Also included were intercepts of 1.5 metres grading 9.8 gm/t gold and 1.5 metres grading 3.45 gm/t gold.

Other notable intercepts are in Hole 35 with 4.6 metres of 1.27 gm/t gold and 7.6 metres of 1.54 gm/t gold. Holes 36 and 37 also intersected gold mineralization.

Hole 34 and the additional four holes were part of a program to further explore the McMaster Zone to the north. All five holes were drilled from two locations approximately 60 (DDH 35 & 36) and 100 (DDH 36-38) metres north of Hole 32-09. Hole 34 intersected 156.21 metres (from 20.73 to 176.94 metres) of 0.39 gm/t gold (press release July 27, 2011).

Hole 32-09 was drilled at the McMaster Zone in 2009 (press release January 6, 2010) which intersected 2.86 gm/t gold over 43.6 metres, including 27.6 metres grading 3.96 gm/t gold (see more detail in press releases of January 6 and 12, 2010).

Surface mineralization was discovered at the McMaster Zone in the mid 1980s, which led to 28 holes being drilled over a 15-year period by previous owners. The objective of stepping out to the north of Hole 32-09, is to extend the zone, increase strike length and advance the prospect of an open pit, which is one of the Company’s primary objectives with respect to future exploration and development.

All five holes interested several mineralized zones with the continuity of gold mineralization suggesting a potential gold porphyry system. The Company has initiated a NI 43-101 resource study of the McMaster Zone as a basis to define a gold zone from which to plan a more definitive drill program as part of its overall exploration and mine development plan at the McMaster Zone.

Holes 33 and 36 intersected serpentinite and all holes intersected one or more fault zones. Mineralization consists of quartz-albite-calcite veining with disseminated pyrite, pyrrhotite and arsenopyrite hosted in pervasively silicified, brecciated siltstone and wacke. All diamond drill holes that had been drilled in the McMaster Zone up to 1996 were drilled to the west. As previous drilling was oriented to the west, the recent drill programs have confirmed that gold mineralization also occurs to the east, which has implications for increasing the overall area and hence potential open pit resource of the McMaster Zone.

Alteration and style of mineralization in the McMaster Zone is similar to that at the Carolin Mine which is approximately 13 kms to the south. The McMaster Zone has never been drilled to any depth beyond 150 metres vertical. The geological interpretation suggests that gold mineralization in the underground Carolin Mine may extend northwards towards the McMaster Zone, thereby suggesting a potential for a large gold system (see website, Figure 1 in Projects/Ladner Gold Project/Maps). Drilling and sampling will be needed in order to define such a system. It is anticipated that with deeper drilling on the McMaster Zone and further underground exploration in the Carolin Mine, gold mineralization may be contiguous and thereby extending the underground resource potential.

Core was transported to a core storage place in Aldergrove, BC, where it was logged and sampled. Mineralized core was sawn in half with half of the sample being shipped to Acme Analytical Laboratories, an ISO 9001:2000 certified analytical laboratory, located in Vancouver, BC. The remaining core was replaced in the core box and stored for future reference. Core recovery for these holes averaged 97%. Blanks and standards were inserted in the sample stream at the time of sampling and all samples subsequently underwent testing by fire assay for gold and ICP-MS for multi-elements. Results for the blanks and standards were comparable and acceptable.

Calculated weighted averages of significant gold grades for Holes 9, 12 and 30 to 38 are presented in the following table. The true widths of these intersections are not known.

January 30, 2012: New Carolin Gold Announces up to C$300,000 Non-Brokered Flow-Through Unit Financing

New Carolin Gold Corp. (TSX – V: LAD) announces today that, subject to regulatory approval,

it intends to complete a non-brokered private placement of up to 2,000,000 Flow-Through Units at a subscription price of C$0.15 per Flow-Through Unit for gross proceeds of up to C$300,000. Each Unit will comprise one Common Share and One-Half of One Common Share Purchase Warrant. Each whole Common Share Purchase Warrant will entitle the holder to purchase an additional Common Share at an exercise price of C$0.20 per share for a period of 12 months.

New Carolin Gold may pay a finder’s fee in respect of certain investors introduced to the Company of up to 7% of the gross proceeds of the private placements in cash.

All of the securities issued under this private placement will be subject to a four-month hold period. The private placement is expected to close no later than February 15, 2012.

The proceeds from the sale of the flow-through shares will be used to incur Canadian Exploration Expense (“CEE”), as defined in the Income Tax Act (Canada). The Company will renounce such CEE to the subscribers effective for the 2012 tax year. The funds will be used for exploration on the Company’s Ladner Gold property in British Columbia.

About New Carolin Gold Corp.

New Carolin Gold Corp. is a Canadian junior-stage mining and exploration company engaged in the evaluation and development of several gold properties collectively known as the “Ladner Gold Project”. These properties are located in southwestern British Columbia, Canada and comprise approximately 104 square kilometers of contiguous mineral claims. The Project, located along the prospective and under-explored Coquihalla Gold Belt is host to several historic small gold producers including the Carolin Mine, Emancipation Mine, Pipestem Mine and numerous other gold prospects.

For further Company and technical information, please visit the Company’s website at www.newcarolingold.com.

ON BEHALF OF THE BOARD OF DIRECTORS

“Bruce W. Downing”

Bruce W. Downing, M.Sc., PGeo., Hon.FEC

President & Chief Executive Officer

Phone 778 – 294 – 3211

Email ceo@newcarolingoldcorp.com

Website www.newcarolingold.com

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 the accuracy of this press release. We seek Safe Harbor.

Not for distribution in the United States.

Caution concerning forward-looking information

This news release may contain forward-looking statements that are based on the Company’s expectations, estimates and projections regarding its business and the economic environment in which it operates. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements. Statements speak only as of the date on which they are made, and the Company undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances, unless otherwise required to do so by law.

January 24, 2012: New Carolin Gold Announces C$250,000 Non-Brokered Private Placement of Units

New Carolin Gold Corp. (TSX – V: LAD) announces today that, subject to regulatory approval, it intends to complete a non-brokered private placement of 1,923,077 units at a price of C$0.13 per unit for gross proceeds of C$250,000. Each unit will consist of one common share and one-half of one common share purchase warrant. Each whole warrant will be exercisable to acquire one additional common share of the Company at any time for a 12-month period from the date of issuance, at an exercise price of C$0.13 per share. The Company may pay a finder’s fee in respect of certain investors introduced to the Company of up to 10% of the gross proceeds of the private placement in cash.

The securities issued under this private placement will be subject to a four-month hold period. The private placement is expected to close no later than January 31, 2012.

The proceeds from the sale of the units will be used for general corporate purposes.

About New Carolin Gold Corp.

New Carolin Gold Corp. is a Canadian junior-stage mining and exploration company engaged in the evaluation and development of several gold properties collectively known as the “Ladner Gold Project”. These properties are located in southwestern British Columbia, Canada and comprise approximately 104 square kilometers of contiguous mineral claims. The Project, located along the prospective and under-explored Coquihalla Gold Belt is host to several historic small gold producers including the Carolin Mine, Emancipation Mine, Pipestem Mine and numerous other gold prospects.

For further Company and technical information, please visit the Company’s website at www.newcarolingold.com.

ON BEHALF OF THE BOARD OF DIRECTORS

“Bruce W. Downing”

Bruce W. Downing, M.Sc., P.Geo, Hon.FEC

President & Chief Executive Officer

Office 778 – 294 – 3211

Email bwdowning@shaw.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 the accuracy of this press release. We seek Safe Harbor.

Not for distribution in the United States.

Caution concerning forward-looking information

This news release may contain forward-looking statements that are based on the Company’s expectations, estimates and projections regarding its business and the economic environment in which it operates. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements. Statements speak only as of the date on which they are made, and the Company undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances, unless otherwise required to do so by law.

January 18, 2012: New Carolin Gold Acquires Additional Claims Adjacent to Ladner Gold Property

New Carolin Gold Corp. (TSX – V: LAD) announces that it has entered into an option agreement, subject to approval by the TSX Venture Exchange, with Crucible Resources Ltd. (the “Optionor”) to acquire 100% interest in 17 contiguous mineral claims covering approximately 2,606 hectares that are adjacent to the Company’s Ladner Gold Property. These claims cover approximately 10 kms of the Coquihalla Gold Belt located to the south of Company’s claims. This area comprises potential favourable geology and linear structures that are similar to those which host several gold mineralized showings and deposits which include the Carolin, Emancipation and Pipestem Mines, all of which were former small gold producers. Pursuant to this acquisition, the Company now has 28 kms (130 sq kms) along the strike length of the Coquihalla Gold Belt.

The terms of the agreement are:

(a) expend a total of $250,000 on the Property in exploration and development expenses in the following amounts and by the times described. Any amounts expended in any period in excess of the amount required to be expended shall be carried forward into the subsequent period or periods:

(i) $250,000 on or before January 15, 2016;

(b) make payments in the following amounts and by the times described:

 $5,000 on or before January 15, 2012 (completed);

 $5,000 on or before January 15, 2013;

 $5,000 on or before January 15, 2014;

 $5,000 on or before January 15, 2015; and

 $20,000 on or before January 15, 2016.

 

(c) issue 50,000 options to the Optionor in the capital of the Company within 30 days of the TSX Venture Exchange approval of this Agreement.

(d) Royalty

The royalty consists of a 2% NSR. The Company has the right to buy back the first 1% of the NSR Royalty for the sum of $250,000 at any time, and the right to buy back the second 1% of the NSR Royalty for the sum of $500,000 at any time.

About New Carolin Gold Corp.

New Carolin Gold is a Canadian-based junior mineral exploration and development company engaged in the acquisition, exploration, evaluation and development of 104 sq kms of contiguous mineral claims, collectively known as the Ladner Gold Project, located along the prospective and under-explored Coquihalla Gold Belt located in southeastern British Columbia, which is host to several historic small gold producers including the Carolin Mine, Emancipation Mine, Pipestem Mine and numerous gold prospects.

ON BEHALF OF THE BOARD OF DIRECTORS

“Bruce W. Downing”

Bruce W. Downing, M.Sc., P.Geo, Hon.FEC

President & Chief Executive Officer

Office 778 – 294 – 3211

Email bwdowning@shaw.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 the accuracy of this press release. We seek Safe Harbor.

Not for distribution in the United States.

Caution concerning forward-looking information

This news release may contain forward-looking statements that are based on the Company’s expectations, estimates and projections regarding its business and the economic environment in which it operates. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements. Statements speak only as of the date on which they are made, and the Company undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances, unless otherwise required to do so by law.

January 13, 2012: New Carolin Gold Announces Revised Schedule of Payments to Century Mining Corporation

PRESS RELEASE

January 13, 2012

NEW CAROLIN GOLD ANNOUNCES REVISED SCHEDULE OF PAYMENTS TO CENTURY MINING CORPORATION

New Carolin Gold Corp. (TSX – V: LAD) announces that it has reached an agreement with Century Mining Corporation to re-schedule the $500,000 payment that was due on December 31, 2011 under the terms of the Purchase and Sale Agreement in respect to the purchase of the Carolin Mine, associated Ladner gold properties and accompanying claims. The following is the revised schedule of payments:

December 31, 2011 $150,000 COMPLETED

January 30, 2012 $150,000

February 28, 2012 $200,000

About New Carolin Gold Corp.

New Carolin Gold Corp. is a Canadian junior-stage mining and exploration company engaged in the evaluation and development of several gold properties collectively known as the “Ladner Gold Project”. These properties are located in southwestern British Columbia, Canada and comprise approximately 104 square kilometers of contiguous mineral claims. The Project, located along the prospective and under-explored Coquihalla Gold Belt is host to several historic small gold producers including the Carolin Mine, Emancipation Mine, Pipestem Mine and numerous other gold prospects.

For further Company and technical information, please visit the Company’s website at www.newcarolingold.com.

ON BEHALF OF THE BOARD OF DIRECTORS

“Bruce W. Downing”

Bruce W. Downing, M.Sc., P.Geo, Hon.FEC

President & Chief Executive Officer

Office    778 – 294 – 3211

Email    bwdowning@shaw.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 the accuracy of this press release. We seek Safe Harbor.

Not for distribution in the United States.

Caution concerning forward-looking information

This news release may contain forward-looking statements that are based on the Company’s expectations, estimates and projections regarding its business and the economic environment in which it operates. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements. Statements speak only as of the date on which they are made, and the Company undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances, unless otherwise required to do so by law.

January 10, 2012: New Carolin Gold Corp. Closes Non-Brokered Unit Private Placement

PRESS RELEASE

January 10, 2012

NEW CAROLIN GOLD CORP. CLOSES NON-BROKERED UNIT PRIVATE PLACEMENT

New Carolin Gold Corp. (TSX – V: LAD) announces today that, subject to regulatory approval, it has closed a non-brokered private placement of 1,103,667 units at a price of C$0.15 per unit for gross proceeds of C$165,550. Each unit will consist of one common share and one-half of one common share purchase warrant. Each whole warrant will be exercisable to acquire one additional common share of the Company at any time for a 12-month period from the date of issuance, at an exercise price of $0.15 per share.

The Company paid finder’s fees of $13,500 in respect of certain investors introduced to the Company.

All of the securities issued under this private placement will be subject to a four-month hold period.

The proceeds from the sale of the units will be used for general corporate purposes.

About New Carolin Gold Corp.

New Carolin Gold Corp. is a Canadian junior-stage mining and exploration company engaged in the evaluation and development of several gold properties collectively known as the “Ladner Gold Project”. These properties are located in southwestern British Columbia, Canada and comprise approximately 104 square kilometers of contiguous mineral claims. The Project, located along the prospective and under-explored Coquihalla Gold Belt is host to several historic small gold producers including the Carolin Mine, Emancipation Mine, Pipestem Mine and numerous other gold prospects.

For further Company and technical information, please visit the Company’s website at www.newcarolingold.com.

ON BEHALF OF THE BOARD OF DIRECTORS

“Bruce W. Downing”

Bruce W. Downing, M.Sc., PGeo., Hon.FEC

President & Chief Executive Officer

Phone    778 – 294 – 3211

Email    bwdowning@shaw.ca

Website www.carolingold.com

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 the accuracy of this press release. We seek Safe Harbor.

Not for distribution in the United States.

Caution concerning forward-looking information

This news release may contain forward-looking statements that are based on the Company’s expectations, estimates and projections regarding its business and the economic environment in which it operates. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements. Statements speak only as of the date on which they are made, and the Company undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances, unless otherwise required to do so by law.

January 6, 2012: New Carolin Gold Withdraws Non-Brokered Flow-Through Private Placement Due to Market Conditions

PRESS RELEASE

January 6, 2012

NEW CAROLIN GOLD WITHDRAWS NON-BROKERED FLOW-THROUGH PRIVATE PLACEMENT DUE TO MARKET CONDITIONS

New Carolin Gold Corp. (TSX – V: LAD) announces today that it has withdrawn its non-brokered private placement of up to 750,000 flow-through shares at C$0.18 per flow-through share for gross proceeds of up to C$135,000 that was announced on December 7, 2011 due to market conditions. The private placement was expected to close no later than December 31, 2011.

About New Carolin Gold Corp.

New Carolin Gold Corp. is a Canadian junior-stage mining and exploration company engaged in the evaluation and development of several gold properties collectively known as the “Ladner Gold Project”. These properties are located in southwestern British Columbia, Canada and comprise approximately 104 square kilometers of contiguous mineral claims. The Project, located along the prospective and under-explored Coquihalla Gold Belt is host to several historic small gold producers including the Carolin Mine, Emancipation Mine, Pipestem Mine and numerous other gold prospects.

For further Company and technical information, please visit the Company’s website at www.newcarolingold.com.

The technical information contained in this release has been prepared by Bruce Downing, a qualified person who is the president and CEO of the Company.

ON BEHALF OF THE BOARD OF DIRECTORS

“Bruce W. Downing”

Bruce W. Downing, M.Sc., PGeo., Hon.FEC

President & Chief Executive Officer

Phone    778 – 294 – 3211

Email    bwdowning@shaw.ca

Website www.carolingold.com

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 the accuracy of this press release. We seek Safe Harbor.

Not for distribution in the United States.

Caution concerning forward-looking information

This news release may contain forward-looking statements that are based on the Company’s expectations, estimates and projections regarding its business and the economic environment in which it operates. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements. Statements speak only as of the date on which they are made, and the Company undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances, unless otherwise required to do so by law.

December 19, 2011: New Carolin Gold Announces Positive Initial Findings of the Preliminary Economic Assessment of the Tailings Project at The Ladner Gold Property

 PRESS RELEASE

December 19, 2011

NEW CAROLIN GOLD ANNOUNCES POSITIVE INITIAL FINDINGS OF THE PRELIMINARY ECONOMIC ASSESSMENT OF THE TAILINGS PROJECT AT THE LADNER GOLD PROPERTY

New Carolin Gold Corp. (TSXV – LAD, US – MDULF) (“NCGC” or the “Company”) is pleased to announce that the initial findings of the Preliminary Economic Assessment (“PEA”) of the tailings project at its Ladner Gold Property in British Columbia are positive.

The NI 43-101 resource study delineated an Indicated Mineral Resource estimate of 23,700 oz gold in 445,378 tons at a cutoff grade of 1.00 gm/t gold and an Inferred Mineral Resource estimate of 5,000 oz gold in 93,304 tons at a cutoff grade of 1.00 gm/t gold (see press release of November 9, 2011).

The PEA is being carried out by B. Ross Design Inc., of Vancouver and will be finalized in January, 2012 when input parameter assumptions, processing details, capital and operating cost estimates and a financial analysis will be disclosed in a press release. The permitted tailings impoundment has been monitored and inspected by independent consulting engineers and is in excellent condition. The Company will negotiate an operating agreement with an independent third party that will recover the gold from the tailings material. The Company will receive a royalty payment.

About B.Ross Design Inc.

  1. Ross Design Inc. is a consulting engineering company based in Vancouver. Established in 2005, B. Ross Design Inc. tailors its services to the mining industry and provides a full service engineering package to junior and mid-tier mining companies. B. Ross Design Inc. staff collectively has over 200 years of global engineering experience.

About New Carolin Gold Corp.

New Carolin Gold Corp. is a Canadian junior-stage mining and exploration company engaged in the evaluation and development of several gold properties collectively known as the “Ladner Gold Project”. These properties are located in southwestern British Columbia, Canada and comprise approximately 104 square kilometers of contiguous mineral claims. The Project, located along the prospective and under-explored Coquihalla Gold Belt is host to several historic small gold producers including the Carolin Mine, Emancipation Mine, Pipestem Mine and numerous other gold prospects.

For further Company and technical information, please visit the Company’s website at www.newcarolingold.com.

The technical information contained in this release has been prepared by Bruce Downing, P.Geo., a qualified person who is the president and CEO of the Company.

ON BEHALF OF THE BOARD OF DIRECTORS

“Bruce W. Downing”

Bruce W. Downing, M.Sc., P.Geo, Hon.FEC

President & Chief Executive Officer

Office    778 – 294 – 3211

Email    bwdowning@shaw.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 the accuracy of this press release. We seek Safe Harbor.

Not for distribution in the United States.

Caution concerning forward-looking information

This news release may contain forward-looking statements that are based on the Company’s expectations, estimates and projections regarding its business and the economic environment in which it operates. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements. Statements speak only as of the date on which they are made, and the Company undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances, unless otherwise required to do so by law.

December 15, 2011: New Carolin Gold Corp. Announces Assay Results on Grab Samples from Rediscovered Montana Prospect

PRESS RELEASE

December 15, 2011

NEW CAROLIN GOLD CORP. ANNOUNCES ASSAY RESULTS ON GRAB SAMPLES FROM REDISCOVERED MONTANA PROSPECT

New Carolin Gold Corp. (TSXV – LAD, US – MDULF) (“NCGC” or the “Company”) is pleased to announce assay results on grab samples taken from the recently rediscovered Montana Prospect on the Company’s Ladner gold property in southwestern British Columbia. This showing was found by prospecting in late September and occurs approximately 125 metres from an accessible logging road in an area that was logged several years ago. Crushing and panning of some mine dump material yielded grains of visible gold. Grab samples of material taken from the mine dump yielded the following assays:

Au

Sample Type gm/t

975566 grab – dump 2.89

975567 grab – dump 8.20

975568 grab – dump 1.71

“The Montana occurrence comprises a number of 5-centimetre wide quartz veins exposed in an opencut. These veins are hosted by pyritic greenstone approximately 20 metres west of the Spider Peak Formation/Ladner Group contact. The vein is reported to have contained rich specimens of free gold. A “calcareous lead”, approximately one metre wide and mineralized with pyrrhotite and pyrite, was also noted in slates to the northeast. Approximately two tonnes of high-grade material containing 1151 grams (34 ounces) of gold were mined at this location in 1925”. (Reference: BC Minfile # 092HNW 008).

The significance of this prospect is that it has never been drilled and lay dormant since 1925.

This prospect occurs approximately 900 metres northwest of the Carolin Mine and 700 metres southeast of the McMaster Zone (a potential open pit). The ground between the Carolin Mine and McMaster Zone has essentially not been drilled. Please see the Company’s website at www.newcarolingold.com for photographs and location. Samples were analyzed by Acme Analytical Laboratories, an ISO 9001:2000 certified analytical laboratory, located in Vancouver, BC.

About New Carolin Gold Corp.

New Carolin Gold Corp. is a Canadian junior-stage mining and exploration company engaged in the evaluation and development of several gold properties collectively known as the “Ladner Gold Project”. These properties are located in southwestern British Columbia, Canada and comprise approximately 104 square kilometers of contiguous mineral claims. The Project, located along the prospective and under-explored Coquihalla Gold Belt is host to several historic small gold producers including the Carolin Mine, Emancipation Mine, Pipestem Mine and numerous other gold prospects.

For further Company and technical information, please visit the Company’s website at www.newcarolingold.com.

The technical information contained in this release has been prepared by Bruce Downing, P.Geo., a qualified person who is the president and CEO of the Company.

ON BEHALF OF THE BOARD OF DIRECTORS

“Bruce W. Downing”

Bruce W. Downing, M.Sc., P.Geo, Hon.FEC

President & Chief Executive Officer

Office    778 – 294 – 3211

Email    bwdowning@shaw.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 the accuracy of this press release. We seek Safe Harbor.

Not for distribution in the United States.

Caution concerning forward-looking information

This news release may contain forward-looking statements that are based on the Company’s expectations, estimates and projections regarding its business and the economic environment in which it operates. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements. Statements speak only as of the date on which they are made, and the Company undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances, unless otherwise required to do so by law.

December 13, 2011: New Carolin Gold Announces up to C$300,000 Non-Brokered Private Placement of Units

PRESS RELEASE

December 13, 2011

NEW CAROLIN GOLD ANNOUNCES UP TO C$300,000 NON-BROKERED PRIVATE PLACEMENT OF UNITS

New Carolin Gold Corp. (TSX – V: LAD) announces today that, subject to regulatory approval, it intends to complete a non-brokered private placement of up to 2,000,000 units at a price of C$0.15 per unit for gross proceeds of up to C$300.000. Each unit will consist of one common share and one-half of one common share purchase warrant. Each whole warrant will be exercisable to acquire one additional common share of the Company at any time for a 12-month period from the date of issuance, at an exercise price of C$0.15 per share. The Company may pay a finder’s fee in respect of certain investors introduced to the Company of up to 10% of the gross proceeds of the private placement in cash.

The securities issued under this private placement will be subject to a four-month hold period. The private placement is expected to close no later than January 31, 2012.

The proceeds from the sale of the units will be used for general corporate purposes.

About New Carolin Gold Corp.

New Carolin Gold Corp. is a Canadian junior-stage mining and exploration company engaged in the evaluation and development of several gold properties collectively known as the “Ladner Gold Project”. These properties are located in southwestern British Columbia, Canada and comprise approximately 104 square kilometers of contiguous mineral claims. The Project, located along the prospective and under-explored Coquihalla Gold Belt is host to several historic small gold producers including the Carolin Mine, Emancipation Mine, Pipestem Mine and numerous other gold prospects.

For further Company and technical information, please visit the Company’s website at www.newcarolingold.com.

ON BEHALF OF THE BOARD OF DIRECTORS

“Bruce W. Downing”

Bruce W. Downing, M.Sc., P.Geo, Hon.FEC

President & Chief Executive Officer

Office    778 – 294 – 3211

Email    bwdowning@shaw.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 the accuracy of this press release. We seek Safe Harbor.

Not for distribution in the United States.

Caution concerning forward-looking information

This news release may contain forward-looking statements that are based on the Company’s expectations, estimates and projections regarding its business and the economic environment in which it operates. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements. Statements speak only as of the date on which they are made, and the Company undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances, unless otherwise required to do so by law.

December 7, 2011: New Carolin Gold Announces up to C$135,000 Non-Brokered Flow-Through Private Placement

PRESS RELEASE

December 7, 2011

NEW CAROLIN GOLD ANNOUNCES UP TO C$135,000 NON-BROKERED FLOWTHROUGH PRIVATE PLACEMENT

New Carolin Gold Corp. (TSX – V: LAD) announces today that, subject to regulatory approval, it intends to complete a non-brokered private placement of up to 750,000 flow-through shares at C$0.18 per flow-through share for gross proceeds of up to C$135,000.

New Carolin Gold may pay a finder’s fee in respect of investors introduced to the Company of up to 7% of the gross proceeds of the private placements in cash.

All of the securities issued under this private placement will be subject to a four-month hold period. The private placement is expected to close no later than December 31, 2011.

The proceeds from the sale of the flow-through shares will be used to incur Canadian Exploration Expense (“CEE”), as defined in the Income Tax Act (Canada). The Company will renounce such CEE to the subscribers effective for the 2011 tax year. The funds will be used for exploration on the Company’s Ladner Gold property in British Columbia.

About New Carolin Gold Corp.

New Carolin Gold Corp. is a Canadian junior-stage mining and exploration company engaged in the evaluation and development of several gold properties collectively known as the “Ladner Gold Project”. These properties are located in southwestern British Columbia, Canada and comprise approximately 104 square kilometers of contiguous mineral claims. The Project, located along the prospective and under-explored Coquihalla Gold Belt is host to several historic small gold producers including the Carolin Mine, Emancipation Mine, Pipestem Mine and numerous other gold prospects.

For further Company and technical information, please visit the Company’s website at www.newcarolingold.com.

The technical information contained in this release has been prepared by Bruce Downing, a qualified person who is the president and CEO of the Company.

ON BEHALF OF THE BOARD OF DIRECTORS

“Bruce W. Downing”

Bruce W. Downing, M.Sc., PGeo., Hon.FEC

President & Chief Executive Officer

Phone    778 – 294 – 3211

Email      bwdowning@shaw.ca

Website www.carolingold.com

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 the accuracy of this press release. We seek Safe Harbor.

Not for distribution in the United States.

Caution concerning forward-looking information

This news release may contain forward-looking statements that are based on the Company’s expectations, estimates and projections regarding its business and the economic environment in which it operates. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements. Statements speak only as of the date on which they are made, and the Company undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances, unless otherwise required to do so by law.

November 29, 2011: New Carolin Gold Corp. Announces Acquisition of Mine Permit

PRESS RELEASE

November 29, 2011

NEW CAROLIN GOLD CORP. ANNOUNCES ACQUISITION OF MINE PERMIT

New Carolin Gold Corp. (TSXV – LAD, US -MDULF) (“NCGC” or the “Company”) is pleased to announce that it has assumed responsibility for the reclamation and environmental protection security that forms part of the mine permit(s) referred to in the Purchase and Sale Agreement concluded with Century Mining Corporation (see press release July 12, 2011). The Company issued a C$200,000 convertible debenture to acquire this security as announced in a press release on September 30, 2011.

The mine operations permit, M-138, for the Carolin Mine site also includes the permitted tailings impoundment. NCGC’s ownership and responsibility for these assets is a major step towards the re-development of the Carolin Mine. NCGC will be updating former site operational permits (e.g. diesel, air emissions, effluent, refuge disposal, explosives) when required, with the intent of putting the mine back into production. Updating of these permits will depend upon timing of the mine development plans. The original mine permit is for a 1300 ton/day operation. Any development of potential mining areas off the permitted mine site area will require an amendment to the existing mine permit. The Company also has a site water license. The Company has current underground and surface exploration permits.

The Company estimates that with this mine operations permit, it will realize major savings from:

1) Time saving of several years while undergoing the permitting stages,

2) The time to production may be reduced significantly for the new Carolin Mine and for the Tailings, assuming that the economics and financing are favourable,

3) Cost of this time saving is estimated from $3 to $4 million dollars,

4) A permitted tailings impoundment estimated value at C$8 to C$10 million if to replicate which includes permitting and construction.

“This is an exciting time for New Carolin Gold and we are pleased with the progress and support we are receiving in growing the Company and developing its gold properties” said Bruce Downing, President and CEO.

About New Carolin Gold Corp.

New Carolin Gold Corp. is a Canadian junior-stage mining and exploration company engaged in the evaluation and development of several gold properties collectively known as the “Ladner Gold Project”. These properties are located in Southwestern British Columbia, Canada and comprise approximately 104 square kilometers of contiguous mineral claims,. The Project, located along the prospective and under-explored Coquihalla Gold Belt is host to several historic small gold producers including the Carolin Mine, Emancipation Mine, Pipestem Mine and numerous other gold prospects.

For further company and technical information, please visit the Company’s website at www.newcarolingold.com (formerly www.moduleresources.com).

The technical information contained in this release has been prepared by Bruce Downing, P.Geo., a qualified person who is the president and CEO of the Company.

ON BEHALF OF THE BOARD OF DIRECTORS

“Bruce W. Downing”

Bruce W. Downing, M.Sc., P.Geo, Hon.FEC

President & Chief Executive Officer

Office 778 – 294 – 3211

Email   bwdowning@shaw.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 the accuracy of this press release. We seek Safe Harbor.

Not for distribution in the United States.

Caution concerning forward-looking information

This news release may contain forward-looking statements that are based on the Company’s expectations, estimates and projections regarding its business and the economic environment in which it operates. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements. Statements speak only as of the date on which they are made, and the Company undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances, unless otherwise required to do so by law.

November 14, 2011: New Carolin Gold Presents Technical Papers at Tailings and Mine Waste Conference in Vancouver

PRESS RELEASE

November 14, 2011

NEW CAROLIN GOLD PRESENTS TECHNICAL PAPERS AT TAILINGS AND MINE WASTE CONFERENCE IN VANCOUVER

New Carolin Gold Corp. (TSX – V: LAD) is pleased to announce that the Company’s chief executive officer and co-authors presented two papers at the recent Tailings and Mine Waste Conference held from November 6 to 11, in Vancouver, BC.

These papers are: Daniel, Adrian and Downing, B.W., 2011, Investigating the Reprocessing of Carolin Mine Tailings, Proceedings Tailings and Mine Waste 2011, Vancouver, BC., Downing, B.W., and Giroux, G., 2011, Block Modelling and Acid Rock Drainage Prediction, Proceedings Tailings and Mine Waste 2011, Vancouver, BC.

About New Carolin Gold Corp.

New Carolin Gold is a Canadian-based junior mineral exploration and development company engaged in the acquisition, exploration, evaluation and development of approximately 104 sq kms of contiguous mineral claims, collectively known as the Ladner Gold Project, located along the prospective and under-explored Coquihalla Gold Belt in southeastern British Columbia, which is host to several historic small gold producers including the Carolin Mine, Emancipation Mine, Pipestem Mine and numerous gold prospects.

For further company and technical information, please visit the Company’s website at www.newcarolingold.com (formerly www.moduleresources.com).

ON BEHALF OF THE BOARD OF DIRECTORS

“Bruce W. Downing”

Bruce W. Downing, M.Sc., P.Geo, Hon.FEC

President & Chief Executive Officer

Office 778 – 294 – 3211

Email   bwdowning@shaw.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 the accuracy of this press release. We seek Safe Harbor.

Not for distribution in the United States.

Caution concerning forward-looking information

This news release may contain forward-looking statements that are based on the Company’s expectations, estimates and projections regarding its business and the economic environment in which it operates. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements. Statements speak only as of the date on which they are made, and the Company undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances, unless otherwise required to do so by law.

November 10, 2011: New Carolin Gold Announces Release of Company Video of The Ladner Gold Property

PRESS RELEASE

November 10, 2011

NEW CAROLIN GOLD ANNOUNCES RELEASE OF COMPANY VIDEO OF THE LADNER GOLD PROPERTY

New Carolin Gold Corp. (TSX – V: LAD: US symbol MDULF) is pleased to announce the release of the Company video of the Ladner Gold Property in southeastern British Columbia. This video can be viewed on the Company website and was produced by BTV-Business Television.

This video can also be viewed on the BTV-Business Television Features New Carolin Gold Corp, and Commentary on Gold Prices.

Watch the business news show online and features via links – http://www.b-tv.com/the-btvshow/episodes.html

New Carolin Gold Corp. (LAD: TSX-V) http://www.b-tv.com/i/videos/NewCarolinGoldNov11.wmv – join us on Nov 12 and Nov 13, 2011 as we take you on a journey with this Vancouver based company busy resurrecting the historic Carolin Gold Mine in Hope, BC.

BTV, a half-hour weekly business news program, profiles emerging publicly traded companies across Canada and the USA. With Host Taylor Thoen, BTV features companies at their location, interviews the company’s key executives, features their products and services, and unveils their plans for future growth.

BTV BROADCAST TIMES:

CANADA:

BNN – Saturday, Nov 12 @ 8:00pm EST & Sunday, Nov 13 @ 9:30am EST

Bell Express Vu – Saturday, Nov 12 @ 8:00pm EST & Sunday, Nov 13 @ 9:30am EST

U.S. National:

Fox Business News – Sunday, Nov 12 @ 5:00pm EST

America One – Saturday, Nov 12 @ 10:00am EST www.americaone.com

Biz Television Network – Sat. Nov 12 @ 1:30pm, Sun. Nov 13 @ 1:30pm, Wed. Nov 16 @7pm,

Thurs. Nov 19 @ 10:30am and Fri. Nov 18 @ 6:30pm EST www.biztv.com

About New Carolin Gold Corp.

New Carolin Gold is a Canadian-based junior mineral exploration and development company engaged in the acquisition, exploration, evaluation and development of 104 sq kms of contiguous mineral claims, collectively known as the Ladner Gold Project, located along the prospective and under-explored Coquihalla Gold Belt in southeastern British Columbia, which is host to several historic small gold producers including the Carolin Mine, Emancipation Mine, Pipestem Mine and numerous gold prospects.

For further company and technical information, please visit the Company’s website at www.newcarolingold.com. (formerly www.moduleresources.com)

The technical information contained in this release has been prepared by Bruce Downing, P.Geo, a qualified person who is the president and CEO of the Company.

ON BEHALF OF THE BOARD OF DIRECTORS

“Bruce W. Downing”

Bruce W. Downing, M.Sc., P.Geo, Hon.FEC

President & Chief Executive Officer

Office  778 – 294 – 3211

Email    bwdowning@shaw.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 the accuracy of this press release. We seek Safe Harbor.

Not for distribution in the United States.

Caution concerning forward-looking information

This news release may contain forward-looking statements that are based on the Company’s expectations, estimates and projections regarding its business and the economic environment in which it operates. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements. Statements speak only as of the date on which they are made, and the Company undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances, unless otherwise required to do so by law.

November 09, 2011: New Carolin Gold Announces SEDAR Filing of the NI 43-101 Resource Estimate of the Tailings at the Ladner Gold Property

PRESS RELEASE

November 09, 2011

NEW CAROLIN GOLD ANNOUNCES SEDAR FILING OF THE NI 43-101 RESOURCE ESTIMATE OF THE TAILINGS AT THE LADNER GOLD PROPERTY

New Carolin Gold Corp. (TSX – V: LAD) (formerly Module Resources Inc. TSXV-MLE) is pleased to announce the filing on SEDAR of the NI 43-101 compliant resource estimate of the gold resource in the tailings at its Ladner Gold Property in southeastern British Columbia that was announced in the press release dated October 20, 2011. The Indicated Mineral Resource estimate is 23,700 oz gold in 445,378 tons at a cutoff grade of 1.00 gm/t gold. In addition there is an Inferred Mineral Resource estimate of 5,000 oz gold in 93,304 tons at a cutoff grade of 1.00 gm/t gold.

About New Carolin Gold Corp.

New Carolin Gold is a Canadian-based junior mineral exploration and development company engaged in the acquisition, exploration, evaluation and development of 104 sq kms of contiguous mineral claims, collectively known as the Ladner Gold Project, located along the prospective and under-explored Coquihalla Gold Belt in southeastern British Columbia, which is host to several historic small gold producers including the Carolin Mine, Emancipation Mine, Pipestem Mine and numerous gold prospects.

For further company and technical information, please visit the Company’s website at www.newcarolingold.com. (formerly www.moduleresources.com)

The technical information contained in this release has been prepared by Bruce Downing, P.Geo, a qualified person who is the president and CEO of the Company.

ON BEHALF OF THE BOARD OF DIRECTORS

“Bruce W. Downing”

Bruce W. Downing, M.Sc., P.Geo, Hon.FEC

President & Chief Executive Officer

Office   778 – 294 – 3211

Email     bwdowning@shaw.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 the accuracy of this press release. We seek Safe Harbor.

Not for distribution in the United States.

Caution concerning forward-looking information

This news release may contain forward-looking statements that are based on the Company’s expectations, estimates and projections regarding its business and the economic environment in which it operates. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements. Statements speak only as of the date on which they are made, and the Company undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances, unless otherwise required to do so by law.

November 04, 2011: New Carolin Gold Corp Clarification of Gold Resource

PRESS RELEASE

November 04, 2011

CLARIFICATION OF GOLD RESOURCE

New Carolin Gold Corp. (TSX – V: LAD) (formerly Module Resources Inc. TSXV-MLE) wishes to clarify the existing estimated underground gold resource at the Carolin Mine, located within its Ladner Gold Property in southeastern British Columbia, as described in the press release dated November 1, 2011.

The Athabaska resource estimate was completed in 1996, with subsequent updates in 1997. The gold resources are historic estimates based on exploration and development work undertaken by Athabaska in 1995 and 1996 and a database of 595 diamond drill holes (approximately 40,000 metres of diamond drilling). The estimates are indicative of the potential gold resource which the Company believes will be validated and increased with further exploration.

As with all projects involving historical work, it is difficult to verify the early results or make representations regarding their accuracy or applicability. It is assumed past work was completed to industry standards of the time, and there is no reason to doubt the results. Diamond drill core samples underwent testing by fire assay for gold at Acme Analytical Laboratories, an ISO 9001:2000 certified analytical laboratory, located in Vancouver, BC.

Previous work consisting of diamond drilling, sampling and resource calculation by Athabaska Gold Resources Ltd. (Report to Shareholders, April 18, 2000) estimated a ”defined diluted mineable reserve in all categories” of 1,350,000 tonnes grading 4.41g/t gold. The Company’s release of November 1, 2011 reported in more detail the estimated historical gold resource. Note that this is a historical estimate only and was not approved and prepared in compliance with the CIM categories as referenced in NI 43-101 and as such cannot be relied on. The Company is undertaking an NI 43 – 101 compliant study as the reported estimates are non-compliant current resource estimates and are hereby retracted. The Company believes that there is potential to expand the gold resource as it is apparent from historical drill information and geological mapping that the mineralization is open both at depth and along strike.

About New Carolin Gold Corp.

New Carolin Gold is a Canadian-based junior mineral exploration and development company engaged in the acquisition, exploration, evaluation and development of 104 sq kms of contiguous mineral claims, collectively known as the Ladner Gold Project, located along the prospective and under-explored Coquihalla Gold Belt in southeastern British Columbia, which is host to several historic small gold producers including the Carolin Mine, Emancipation Mine, Pipestem Mine and numerous gold prospects.

For further company and technical information, please visit the Company’s website at www.newcarolingold.com . (formerly www.moduleresources.com)

The technical information contained in this release has been prepared by Bruce Downing, P.Geo, a Qualified Person who is the president and CEO of the Company.

 

ON BEHALF OF THE BOARD OF DIRECTORS

“Bruce W. Downing”

Bruce W. Downing, M.Sc., P.Geo, Hon.FEC

President & Chief Executive Officer

Office      778 – 294 – 3211

Email      bwdowning@shaw.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 the accuracy of this press release. We seek Safe Harbor.

Not for distribution in the United States.

Caution concerning forward-looking information

This news release may contain forward-looking statements that are based on the Company’s expectations, estimates and projections regarding its business and the economic environment in which it operates. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements. Statements speak only as of the date on which they are made, and the Company undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances, unless otherwise required to do so by law.

November 01, 2011: New Carolin Gold Announces Historic Gold Resource for Carolin Mine

PRESS RELEASE

November 01, 2011

NEW CAROLIN GOLD ANNOUNCES HISTORIC GOLD RESOURCE FOR CAROLIN MINE

New Carolin Gold Corp. (TSX – V: LAD) (formerly Module Resources Inc. TSXV-MLE) is pleased to announce the completion of a preliminary study to determine the existing underground gold resource at the Carolin Mine, located within its Ladner Gold Property in southeastern British Columbia. Resource estimates carried out by New Carolin Mine Corp and Athabaska Gold Resources Ltd. (“Athabaska”) have determined an existing gold resource of 728,429 ounces, in the measured, indicated and inferred categories.

The New Carolin Mine Corp. estimate was completed in 2011 and the Athabaska resource estimate completed in 1996, with subsequent updates in 1997. The gold resources are historic estimates based on exploration and development work undertaken by Athabaska in 1995 and 1996 and a database of 595 diamond drill holes (approximately 40,000 metres diamond drilling).

The estimates are indicative of the potential gold resource at present and which the Company believes will be increased with further exploration.

As with all projects involving work completed in the past, it is quite difficult to verify the early results or make representations regarding their accuracy or applicability. It is assumed past work was completed to industry standards of the time, and there is no reason to doubt the results. Note that the resource estimate contained herein is based solely on the results of diamond drilling completed up to 1996. Diamond drill core samples underwent testing by fire assay for gold at Acme Analytical Laboratories, an ISO 9001:2000 certified analytical laboratory, located in Vancouver, BC. Additional drilling will be needed to determine the full extent of the gold resource. This resource estimate will form the basis for an NI 43 – 101 study that is anticipated to begin in 2012.

The base case total undiluted resource in the Idaho Zone at May 1, 1996 is:

1,175,000 tonnes grading 4.92 gram/tonne Au

(1,295,000 tons grading 0.143 oz/ton Au)

Applying a 15% mining dilution factor at a grade of 1.0 g/tonne, the gold resource is:

1,350,000 tonnes grading 4.41 g/tonne Au

(1,488,000 s. tons grading 0.129 oz/ton Au containing 192,000 oz Au)

Resource Parameters

  • Cut off grade: approximately 2.74 g/tonne (0.08 ounces per short ton).
  • Minimum width: 3 metres (9.94 feet) provided a minimum grade of 3.43 g/tonne was
  • obtainable in isolated blocks.
  • Specific gravity: 2.78 (Britton research – early metallurgical work)
  • Mining Dilution: 15% @ 1.0 g/tonne.
  • Database of 595 diamond drill holes comprising approximately 40,000 metres.

The following is a breakdown of the underground gold resource at the Carolin Mine and is considered an historic estimate.

Resources     Tonnes      Grade g/t      Ounces

Measured        1,124,040            4.31              155,775

Indicated         1,393,460           4.28             191,768

TOTAL           2,517,500        4.29          347,543

M & Ind. 

Inferred            2,569,540           4.61            380,886

TOTAL / ALL CATEGORIES                728,429

Resource Parameters

The foregoing historical gold resource estimates were estimated using the same database that was used for the gold resource as estimated by Athabaska in 1996. A third party qualified person has not done sufficient work to classify the historical estimate as current mineral resources, and the issuer is not treating the historical estimates as current mineral resources and they should not be relied upon.

Cutting of individual assays    None

Specific gravity                       2.50

Mining dilution                         None

Cut off                                     2.5 gm/tonne gold

Categories

One drill hole allowed for all categories

8 m search distance               measured

16 m search distance             indicated

32 m search distance             inferred

The Company believes that there is potential to expand the gold resource as it is apparent from historical drill information and geological mapping that the mineralization is open both at depth and along strike. Drill sites have been selected based on extending the 1996 drilling on the 875 level drift and exploring for additional resources from the 875 level. The underground rock stability and working conditions are excellent.

A three dimensional model of the mineralized drill hole intercepts is shown in the Company website.

About New Carolin Gold Corp.

New Carolin Gold is a Canadian-based junior mineral exploration and development company engaged in the acquisition, exploration, evaluation and development of 104 sq kms of contiguous mineral claims, collectively known as the Ladner Gold Project, located along the prospective and under-explored Coquihalla Gold Belt in south eastern British Columbia, which is host to several historic small gold producers including the Carolin Mine, Emancipation Mine, Pipestem Mine and numerous gold prospects.

For further company and technical information, please visit the Company’s website at www.newcarolingold.com. (formerly www.moduleresources.com)

The technical information contained in this release has been prepared by Bruce Downing, P.Geo, a Qualified Person who is the president and CEO of the Company.

ON BEHALF OF THE BOARD OF DIRECTORS

“Bruce W. Downing”

Bruce W. Downing, M.Sc., P.Geo, Hon.FEC

President & Chief Executive Officer

Office              778 – 294 – 3211

Email               bwdowning@shaw.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 the accuracy of this press release. We seek Safe Harbor.

Not for distribution in the United States.

Caution concerning forward-looking information

This news release may contain forward-looking statements that are based on the Company’s expectations, estimates and projections regarding its business and the economic environment in which it operates. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements. Statements speak only as of the date on which they are made, and the Company undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances, unless otherwise required to do so by law.

October 27, 2011: New Carolin Gold Announces Completion of Site Survey at The Ladner Gold Property

PRESS RELEASE

October 27, 2011

NEW CAROLIN GOLD ANNOUNCES COMPLETION OF SITE SURVEY AT THE LADNER GOLD PROPERTY

 New Carolin Gold Corp. (TSX – V: LAD) (formerly Module Resources Inc. TSX – V: MLE) is pleased to announce that a site survey by McElhanney Associates Land Surveying Ltd., of Vancouver, has been completed on its Ladner Gold Project located in southeastern British Columbia. The purpose of the site survey was to re-establish ground survey control stations that were positioned in 1982 and add new control stations at the mill and mine sites, tailings impoundment and McMaster area. These ground survey control points will be used in the mine development and for GPS base control stations for exploration work. This survey was also carried out to position the 1982 mine grid system within the UTM NAD 83 coordinate system.

About New Carolin Gold Corp.

New Carolin Gold is a Canadian-based junior mineral exploration and development company engaged in the acquisition, exploration, evaluation and development of 104 sq kms of contiguous mineral claims, collectively known as the Ladner Gold Project, located along the prospective and under-explored Coquihalla Gold Belt in southeastern British Columbia, which is host to several historic small gold producers including the Carolin Mine, Emancipation Mine, Pipestem Mine and numerous gold prospects.

For further company and technical information, please visit the Company’s website at www.newcarolingold.com (formerly www.moduleresources.com).

ON BEHALF OF THE BOARD OF DIRECTORS

“Bruce W. Downing”

Bruce W. Downing, M.Sc., P.Geo, Hon.FEC

President & Chief Executive Officer

Office              778 – 294 – 3211

Email               bwdowning@shaw.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 the accuracy of this press release. We seek Safe Harbor.

Not for distribution in the United States.

Caution concerning forward-looking information

This news release may contain forward-looking statements that are based on the Company’s expectations, estimates and projections regarding its business and the economic environment in which it operates. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements. Statements speak only as of the date on which they are made, and the Company undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances, unless otherwise required to do so by law.

October 25, 2011: New Carolin Gold Announces Commencement of Airborne Geophysical Survey Over The Ladner Gold Property

PRESS RELEASE

October 25, 2011

 NEW CAROLIN GOLD ANNOUNCES COMMENCEMENT OF AIRBORNE GEOPHYSICAL SURVEY OVER THE LADNER GOLD PROPERTY

New Carolin Gold Corp. (TSX – V: LAD) (formerly Module Resources Inc. TSX – V: MLE) is pleased to announce that an airborne geophysical survey has commenced on its Ladner Gold Project, British Columbia. This survey will collect high resolution magnetic and radiometric data over approximately 104 sq kms (762 line kms). The survey will be conducted by Precision GeoSurveys, Vancouver, British Columbia.

The purpose of this survey is to locate and map the following:

  • Linear structures.
  • Known and unknown gold-bearing structures and gold prospects.
  • Areas of known and unknown alteration / silicification associated with gold mineralization.
  • Ultramafic lithologies. The ultramafics (serpentinites) are associated with gold mineralization within the Carolin Mine, Emancipation Mine and McMaster Zone.

Since there are areas of surficial material and absence of outcrops that occur within the northern extent of the Coquihalla Gold Belt, it is anticipated that this survey will locate potential extension of the ultramafics that are associated with the Carolin and Emancipation Mines and McMaster Zone.

About New Carolin Gold Corp.

New Carolin Gold is a Canadian-based junior mineral exploration and development company engaged in the acquisition, exploration, evaluation and development of 104 sq kms of contiguous mineral claims, collectively known as the Ladner Gold Project, located along the prospective and under-explored Coquihalla Gold Belt, which is host to several historic gold producers including the Carolin Mine, Emancipation Mine, Pipestem Mine and numerous gold prospects. For further company and technical information, please visit the Company’s website at www.newcarolingold.com . (formerly www.moduleresources.com)

ON BEHALF OF THE BOARD OF DIRECTORS

“Bruce W. Downing”

Bruce W. Downing, M.Sc., P.Geo, Hon.FEC

President & Chief Executive Officer

Office              778 – 294 – 3211

Email               bwdowning@shaw.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 the accuracy of this press release. We seek Safe Harbor.

Not for distribution in the United States.

Caution concerning forward-looking information

This news release may contain forward-looking statements that are based on the Company’s expectations, estimates and projections regarding its business and the economic environment in which it operates. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements. Statements speak only as of the date on which they are made, and the Company undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances, unless otherwise required to do so by law.

October 21, 2011: New Carolin Gold Announces Non-Brokered Private Placement and Enters Into Business Development Consulting Agreement

PRESS RELEASE

 October 21, 2011

NEW CAROLIN GOLD ANNOUNCES NON-BROKERED PRIVATE PLACEMENT AND ENTERS INTO BUSINESS DEVELOPMENT CONSULTING AGREEMENT

New Carolin Gold Corp. (TSX – V: LAD) (formerly Module Resources Inc. TSX – V: MLE) is pleased to announce that, subject to regulatory approval, it intends to complete a non-brokered private placement with Mr. Bruce M. Rykiss of 300,000 units at a price of C$0.10 per unit for gross proceeds of C$30,000. Each unit will consist of one common share and one common share purchase warrant. Each warrant will be exercisable to acquire one additional common share of the Company at any time for two years, at an exercise price of C$0.10 per share for the first year and at an exercise price of C$0.15 per share in the second year from the date of issue. The securities issued under this private placement will be subject to a four-month hold period. The Company will not pay a finder’s fee in connection with this private placement. The proceeds from the sale of the units will be used for general corporate purposes.

The Company has entered into a business development consulting agreement with Mr. Rykiss of Vancouver, British Columbia. Mr. Rykiss brings 37 years of experience and expertise to New Carolin Gold Corp, 15 years of which have been in the mining industry with a specialization in precious metals and strategic industrial minerals. The Company will grant Mr. Rykiss 250,000 stock options at an exercise price of $0.12 per share exercisable into common shares of the Company for a period of five years.

About New Carolin Gold Corp.

New Carolin Gold is a Canadian-based junior mineral exploration and development company engaged in the acquisition, exploration, evaluation and development of 104 sq kms of contiguous mineral claims, collectively known as the Ladner Gold Project, located along the prospective and under-explored Coquihalla Gold Belt, which is host to several historic gold producers including the Carolin Mine, Emancipation Mine, Pipestem Mine and numerous gold prospects.

For further company and technical information, please visit the Company’s website at www.newcarolingold.com . (formerly www.moduleresources.com)

 ON BEHALF OF THE BOARD OF DIRECTORS

“Bruce W. Downing”

Bruce W. Downing, M.Sc., P.Geo, Hon.FEC

President & Chief Executive Officer

Office              778 – 294 – 3211

Email               bwdowning@shaw.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 the accuracy of this press release. We seek Safe Harbor.

Not for distribution in the United States.

Caution concerning forward-looking information

This news release may contain forward-looking statements that are based on the Company’s expectations, estimates and projections regarding its business and the economic environment in which it operates. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements. Statements speak only as of the date on which they are made, and the Company undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances, unless otherwise required to do so by law.