NewCastle Gold Completes Drilling of a New Potential Production Water Well Within Permitted Mine Boundary - Seite 2

This water well was drilled using a truck-mounted drill rig belonging to Cascade Drilling, and reverse circulation drilling techniques. The diameter of the hole was 12 inches, and hole was drilled vertically to a maximum depth of over 2,010 feet with the ultimate completion of the casing and screen to 1,973 feet. Water flow rates were measured by performing industry standard "airlift" tests by injecting air from the rig's compressor. Discharge water from the well head was measured by timing the flow of air/water discharge as it exited the rig's cyclone into a 55-gallon barrel. Hydrological consulting is provided by Geo-Logic Associates based in Tucson, Arizona and representatives were present on site for the drilling and testing of the well.

Following a full analysis of the pump test results, the Company will be in a position to forecast the long-term productive capacity of these wells. The goal of the program is to find new wells that will meet the needs for the restart of the Project. The Company currently maintains ten active water rights with three production water wells on the Project. Total production from wells W-14, W-18 and W-45 located in the NW Wellfield is approximately 150 gallons per minute.

Assays and Quality Assurance/Quality Control

The Company employs an industry-standard QA/QC program consisting of standard pulps, coarse blanks and rig duplicates.

Qualified Person

Marc Leduc, P. Eng., the Company's Chief Operating Officer, is the designated Qualified Person for this news release within the meaning of NI 43-101. He has reviewed and verified that the technical information contained in this release is accurate and has approved of the written disclosure of the same.

About NewCastle Gold

NewCastle Gold (an Augusta Group company) has a 100% interest in the Castle Mountain property in San Bernardino County, California. The Castle Mountain heap leach gold mine produced over one million ounces of gold from 1991 to 2004. The Mine and Reclamation Plan, under which the mine operated, was authorized by the County of San Bernardino as the Lead Agency and remains in effect. Water for the drill programs was accessed from existing patented wells on the Project.