New Dawn Mining Corp. announced that it has delivered its first two bars of fine gold, totaling 20 kg’s (645 ounces) from its 100% wholly-owned Turk Mine in Zimbabwe to Rand Refiners in South Africa, under the process set up by the Chamber of Mines of Zimbabwe within the Gold Trade Act of Zimbabwe. Payment for such shipment will be in U.S. dollars. The transaction marks a turning point for New Dawn’s gold mining and production operations in Zimbabwe and follows the recent, positive changes presented in the Monetary Policy Statement issued by the Reserve Bank of Zimbabwe in January 2009 that permit gold producers to both market and sell their gold directly and receive and keep 100% in foreign currency (U.S. dollars) as payment.

New Dawn anticipates that it will be shipping an additional 20 to 25 kg’s (645 to 805 ounces) of fine gold to Rand Refiners in South Africa for payment in U.S. Dollars during April 2009.

Following on the Reserve Bank’s announcement of these changes in monetary policy, New Dawn implemented the necessary steps to have its gold marketed under the new policy guidelines and the Gold Trade Act of Zimbabwe. This process includes the shipment of recent gold production to the Rand Refiners in South Africa under the auspices of the Chamber of Mines of Zimbabwe. The Chamber of Mines of Zimbabwe is a non-governmental business lobby group. The 20 kg’s (645 ounces) of fine gold that was delivered to Rand Refiners was produced from New Dawn’s Turk Mine in Zimbabwe, which recently transitioned into active mine development.

“The shipment of our first two gold bars from Zimbabwe to South Africa, for subsequent payment in U.S. dollars, represents a significant step forward in the resumption and cash generating ability of our Zimbabwe operations,” said New Dawn President and CEO Ian R. Saunders. “This moves the Turk Mine one big step closer towards resuming full-scale gold mining operations. We look forward to further reporting our operational progress as we move back to full operations and begin to generate free cash flows, in foreign currency (U.S. dollars), from our export sales of gold mined at our Zimbabwe operations.”

New Dawn anticipates resuming full-scale mining operations at the Turk Mine in Zimbabwe during the second calendar quarter of 2009, and expects to report to shareholders in this regard in the near future.

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