New Gold’s Cerro San Pedro Mine Fully Certified Under International Cyanide Management Code

The International Cyanide Management Institute (ICMI) announced today New Gold Inc.’s Cerro San Pedro Mine in Mexico has been certified in full compliance with the International Cyanide Management Code (Cyanide Code).

The Cerro San Pedro Mine was found in substantial compliance with the Cyanide Code during its initial audit. The mine was conditionally certified in June 2014, and its Corrective Action Plan was posted on the ICMI web site. ICMI has received and accepted a report from an independent professional third-party auditor verifying that the Corrective Action Plan has been fully implemented and that the Cerro San Pedro Mine is in full compliance with the Cyanide Code. The auditor’s Corrective Action Plan Completion Report is available on New Gold’s Signatory Page on the ICMI web site: http://www.cyanidecode.org/signatory-company/new-gold, and the Corrective Action Plan has been removed.

The Cyanide Code is a voluntary industry program for companies involved in the production of gold using cyanide and companies producing and transporting this cyanide. It was developed under the aegis of the United Nations Environment Programme by a multi-stakeholder Steering Committee. The Cyanide Code is intended to complement an operation’s existing obligation to comply with the applicable laws and regulations of the political jurisdictions in which the operation is located.

ICMI has been established to administer the Cyanide Code, promote its adoption, evaluate its implementation, and manage the certification process. A detailed list of the operations covered by signatory companies’ applications, along with the full text of the Cyanide Code and its implementing and administrative documents, are available at www.cyanidecode.org.

Date:
Wednesday, October 1, 2014