4:10PM New Gold achieves targeted throughput increase at New Afton ahead of schedule; provides preliminary Q3 production and cost results (NGD) 5.93 +0.12 : Co announces that its New Afton Mine has successfully achieved the targeted increase in throughput to 12,000 tonnes per day, from a design capacity of 11,000 tonnes per day, three months ahead of schedule. The combination of the increased throughput, and higher grades and recoveries, resulted in increased production of both gold and copper during the third quarter at New Afton.

As the co is hosting an analyst tour to New Afton on Oct 22, 2013, New Gold provides preliminary third quarter production and cost results for New Afton as well as the balance of its portfolio of operating mines. The preliminary production and cost information provided reflects approximate figures and may differ slightly from the co's Q3 earnings, which will be announced on Oct 29, 2013.

New Afton Update

• Average mill throughput of 12,396 tonnes per day in Sept 2013
  • Represents 13% increase over 11,000 tonne per day design capacity
• Average mill throughput of 11,967 tonnes per day during third quarter of 2013
• Gold grade continued to reconcile positively against block model
• 80% increase in gold production to 25,220 ounces from 14,014 ounces in the third quarter of 2012
• 88% increase in copper production to 20.9 million pounds from 11.1 million pounds
• Operation successfully tested over five-day period at rates of 14,000 to 15,500 tonnes per day
• Continued positive exploration results at both the C-Zone and East Cave Extension targets

Consolidated 2013 Third Quarter Production and Cost Summary
Lowest cost quarter in the company's history All-in sustaining costs of $779 per ounce