Newmac Resources Inc.: New Assays; High Grade Molybdenum Mineralization Now Extends Over 300 m-Drilling Continues

Newmac Resources Inc. (TSX VENTURE:NER)(FRANKFURT:N3M) is pleased to announce
that drilling continues on the Crazy Fox Molybdenum Project, favourably located
100 km North of Kamloops, British Columbia.


Assays have been received for holes CF08-53 and CF08-54



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Hole          From       To   Interval   Interval   MoS2      Mo      W
CF08-54         (m)      (m)        (m)       (ft)    (%)     (%)    (%)
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Intercept    553.0    927.0        374      1,234   0.12    0.07   0.12

Including    673.0    873.0        200        660   0.16   0.095   0.02
Including    781.0    873.0         92        304   0.20    0.12   0.02
Including    781.0    791.0          8         26   0.62    0.37   0.01
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Hole          From       To   Interval   Interval   MoS2      Mo      W
CF08-53         (m)      (m)        (m)       (ft)    (%)     (%)    (%)
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Intercept    629.7    823.7        194        640   0.08    0.05   0.03
Including    751.7    785.7         34        112   0.12    0.07   0.03
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Intercept    985.7   1013.7         28         92   0.08    0.05   0.01
Including   1007.7   1009.7          2          7   0.62    0.37   0.01
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CF08-54 was collared 210 m south of hole CF07-41 and drilled at 270 degrees
azimuth at -75 degrees. Hole CF08-54 curved slightly to the north as it was
drilled. The hole intersected several very high grade molybdenum intersections
up to 0.88% Mo over 2 m, which has been interpreted as an indicator of the
'strength' of the mineralizing system.


CF08-53 was drilled at -75 degrees at an azimuth of 095 degrees from a collar
located 300 m southwest from the collar of CF07-41 (see plan map on website).
The hole encountered an additional mineralized zone 200 m east of the
established zone. Additional drilling will be required to determine if this is
the top of a new zone of mineralization or another parallel zone.


The discovery of high grade mineralization in hole CF08-54 and CF08-53, extends
the known higher grade mineral zone roughly 300 m along strike from CF08-53 to
CF08-41.


The goal of the current drilling is to extend known mineralization and explore
new areas of high potential.


Samples from hole CF08-52 are in the lab. Results will be released as they are
received.


CF08-55 and CF08-56 are currently being drilled. Results will be released as
they are received.


Hole CF07-41, (Reported previously) penetrated a low angle thrust fault at
approximately 390 m (1280 feet) and encountered mineralized intrusive rocks to
the bottom of the hole at a depth of 1021m (3349 feet). Summary results for the
hole are as follows:




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Hole          From       To   Interval   Interval   MoS2      Mo      W
CF07-41         (m)      (m)        (m)       (ft)    (%)     (%)    (%)
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Intercept    400.7    830.7        430       1410   0.17     0.1   0.01
Including    646.7    796.7        150        492   0.29    0.18   0.01
Including    708.7    756.7         48        157   0.48    0.29   0.01
Including    708.7    722.7         14         46   0.96    0.58   0.01
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CF08-47 was collared 350 m west of hole CF07-41 and drilled to the east at -80
degrees. Hole CF08-47 curved to the south as it was drilled, and CF07-41 curved
to the north, therefore the two mineralized intersections are between 90 m to
150 m apart (Reported previously).




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Hole          From       To   Interval   Interval   MoS2      Mo      W
CF08-47         (m)      (m)        (m)       (ft)    (%)     (%)    (%)
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Intercept      467      791        324       1063   0.21    0.13   0.02
Including      523      713        190        623   0.29    0.18   0.02
Including      547      619         72        236   0.41    0.25   0.02
Including      565      619         54        177   0.48    0.29   0.03
Including      565      597         32        105   0.58    0.35   0.03
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Assays were performed by Acme Analytical Laboratories Ltd. of Vancouver, B.C., a
certified facility, using a phosphoric acid leach with ICP-ES spectrometry
methods.


Technical content of this news has been reviewed by W. A. Howell, P.Geo, a
qualified person within the definitions of National Instrument 43-101.


Respectfully submitted

ON BEHALF OF THE BOARD

David Schmidt, President

This news release contains forward-looking statements within the meaning of the
"safe harbour" provisions of the Private Securities Litigation Reform Act of
1995. These forward-looking statements are subject to risks and uncertainties
and other factors that may cause Newmac Resources Inc.'s results to differ
materially from expectations. These include risks relating to market
fluctuations, property performance and other risks. These forward-looking
statements speak only as of the date hereof.
Newmac Resources (TSXV:NER)
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