New Dawn Arranges for Continuous Availability of Electrical Power at its Turk
and Angelus Mines in Zimbabwe

Highlights:

• Continuous Electricity Supply Contract signed with Zimbabwe Electrical Supply Authority
  
  
• Installation of back-up diesel power generators complete and operational
  
  
• Gold production at Turk and Angelus Mines to increase
  
  
• Cash cost per ounce of gold produced at Turk and Angelus Mines to decrease over time

TORONTO, Nov. 23 /CNW/ - New Dawn Mining Corp. (TSX: ND) ("New Dawn" or the "Company") announced that it has signed a continuous electricity supply contract with the Zimbabwe Electrical Supply Authority ("ZESA"), whereby electrical power to New Dawn's wholly-owned Turk and Angelus Mines in Zimbabwe will be provided without interruption. Over the past year, New Dawn's gold mining operations had experienced an increasing frequency of unscheduled power disruptions that had negatively impacted gold production.

As a result of the continuous electricity supply contract with ZESA, gold production at the Turk and Angelus Mines is expected to increase, and economies of scale are expected to be realized from the production of more ounces of gold each month. The net effect will be greater gold production at the Turk and Angelus Mines at a lower cost per ounce of gold produced.

Power outages are now expected only when there is a national grid problem. In this regard, the Company has taken the necessary steps to mitigate such potential disruptions to its gold mining operations by the installation of 3MVA diesel generators. The generators have now been fully commissioned and are operational to provide a back-up electrical supply source.

"With the continuous electrical supply contract in place, the elimination of routine load-shedding, and the installation and commissioning of our new back-up diesel generators, we expect operations at our Turk and Angelus Mines to be considerably more efficient and stable. By paying a premium for the continuous electrical supply contract, we expect significantly less operational downtime, which we expect to result in increased gold output at a lower cost per ounce," reported Ian R. Saunders, President and CEO.

About New Dawn …

New Dawn is a Zimbabwe-focused junior gold company currently expanding gold production at its wholly-owned Turk and Angelus Mines and, with its June 2010 investment in which it acquired an 89% controlling interest in Central African Gold Plc ("CAG"), New Dawn is targeting consolidated annualized gold production of 50,000 to 60,000 ounces within the next 18 to 24 months, increasing to 100,000 ounces of annualized gold production within the next 4 to 5 years.

Having recently filed a new NI 43-101-compliant mineral reserve and resource estimate for the CAG properties, New Dawn's total attributable mineral reserves, including its Turk and Angelus Mines, increased 32% to 220,000 ounces of gold grading 3.81 g/t from 1,785,000 tons of mineralized material.  The attributable mineral reserves are comprised of attributable proven mineral reserves of 109,400 ounces of gold grading 3.69 g/t from 874,700 tons of mineralized material and attributable probable mineral reserves of 110,600 ounces of gold grading 3.78 g/t from 910,300 tons of mineralized material.

Additionally, New Dawn's total attributable measured and indicated mineral resources (inclusive of attributable mineral reserves) increased by 92% to 1,558,400 ounces of gold grading 2.37 g/t from 20,436,000 tons of mineralized material and New Dawn's total attributable inferred mineral resources increased by 54% to 552,600 ounces of gold grading 4.95 g/t from 3,477,000 tons of mineralized material.

Presently, New Dawn operates 3 significant gold camps in Zimbabwe, where it owns 6 mines, 3 of which are currently producing gold and expanding production annually. Ultimately, New Dawn looks to becoming a leading gold mining company in Zimbabwe, active in both gold production and gold exploration, by employing modern mining techniques and deploying capital in a country that is geologically rich, highly prospective, and vastly under explored.

Additional information on New Dawn's gold reserve and resource estimates is included at the Company's website at www.newdawnmining.com or in the Company's filings on SEDAR at www.sedar.com.

The TSX has not reviewed and does not accept responsibility for the adequacy or the accuracy of this release.

The contents of this news release were supervised and reviewed by Ian R. Saunders, B.Sc., who is President, Chief Executive Officer, and a Director of New Dawn Mining Corp., and who is a Qualified Person within the meaning of NI 43-101.

Special Note Regarding Forward-Looking Statements:  Certain statements included or incorporated by reference in this news release, including information as to the future financial or operating performance of the Company, its subsidiaries and its projects, constitute forward-looking statements.  The words "believe," "expect," "anticipate," "contemplate," "target," "plan," "intends," "continue," "budget," "estimate," "may," "schedule" and similar expressions identify forward-looking statements.  Forward-looking statements include, among other things, statements regarding targets, estimates and assumptions in respect of gold production and prices, operating costs, results and capital expenditures, mineral reserves and mineral resources and anticipated grades and recovery rates.  Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by the Company, are inherently subject to significant business, economic, competitive, political and social uncertainties and contingencies.  Many factors could cause the Company's actual results to differ materially from those expressed or implied in any forward-looking statements made by, or on behalf of, the Company.  Such factors include, among others, risks relating to reserve and resource estimates, gold prices, exploration, development and operating risks, political and foreign risk, uninsurable risks, competition, limited mining operations, production risks, environmental regulation and liability, government regulation, currency fluctuations, recent losses and write-downs and dependence on key employees.  See "Risk Factors" in the Company's Annual Information Form - 2009.  Due to risks and uncertainties, including the risks and uncertainties identified above, actual events may differ materially from current expectations.  Investors are cautioned that forward-looking statements are not guarantees of future performance and, accordingly, investors are cautioned not to put undue reliance on forward-looking statements due to the inherent uncertainty therein.  Forward-looking statements are made as of the date of this press release and the Company disclaims any intent or obligation to update publicly such forward-looking statements, whether as a result of new information, future events or results or otherwise.

%SEDAR: 00026497E

For further information:

Investor Relations Contact:  Richard Buzbuzian +1 416.585.7890

President and Chief Executive Officer:  Ian R. Saunders +1 416.585.7890

Visit us on the internet:  http://www.newdawnmining.com or

Email us at:  [email protected]