BOCA RATON FL — (Marketwire) — 06/12/12 — New World Gold Corp (PINKSHEETS: NWGC), a gold mining company with existing operations in Ecuador and Peru, is pleased to announce that it has hired an independent mining engineer to evaluate the Company-s additional new reserves. Previous reports indicate that the Company has 695,000 ounces of proven, developed ounces of gold. The Company has 5 producing gold mines and 3 fully operating mills. The mills have the current capacity to produce 380 tons