Article: Coppermoly Ltd: Non-Renounceable Rights Issue.

VANCOUVER, BRITISH COLUMBIA, Aug 6, 2009 (Marketwire via COMTEX) -- Coppermoly Ltd, (ASX:COY) an Australian Securities Exchange listed company that is approximately 49% owned by New Guinea Gold Corporation(TSX VENTURE:NGG)(FRANKFURT:NG8), issued the following press release entitled "Non-Renounceable Rights Issue". Further information and a copy of the prospectus is available on the Coppermoly website www.coppermoly.com.au.

Bob McNeil, Chairman and CEO of New Guinea Gold is also a Director of Coppermoly Ltd. We believe this announcement may be of interest to New Guinea Gold shareholders in view New Guinea Gold's large equity in that company.

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