The AMC Scoping Study indicates that there is potential for the economic exploitation of the remaining oxide and sulfide mineral resource at Amapari, although additional work is required to improve the reliability of the estimates and to further investigate the opportunities that exist. This assessment is preliminary in nature, containing inferred mineral resources that are considered too speculative geologically to have the economic consideration applied to them that would enable them to be categorized as mineral reserves.  AMC has made a number of recommendations for additional work to further assess the potential for development of the sulfide and oxide mineral resource at Amapari including additional drilling to upgrade the classification of the current Inferred mineralization resource inventory to Measured and Indicated status.

In addition, New Gold’s land package extends over a 100 kilometer long trend of prospective greenstone terrain in the prolific Guyana Shield, offering exploration potential beyond that of the area of study in the AMC Scoping Study.