Exploration Underway At The Ladner Gold Project

June 6, 2016 / TheNewswire / New Carolin Gold Corp. (the "Company" or "New Carolin") (TSXV: LAD) OTCBB: LADFF: The Company is pleased to announce that the first stage of its 2016 exploration program at the Ladner Gold Project is underway. Key points are:

• -Use of ultra-high precision drone-based laser surveying of underground workings across more than 10 km of mine workings on four levels

• -Geological mapping including detailed geochemical assaying of mineralized zones and definition of ore controlling structures

• -Definition of drill targets for upcoming 2016 drill program

Underground surveying commenced June 1 and is being carried out by Ontario based Clickmox Solutions. Completed survey data are anticipated by June 15, 2016 after which the company will commence underground mapping and sampling. Drilling will commence after receipt of assay results and updating of the 3D models.

"We are back underway with a capable exploration team on the ground at Carolin and look forward to executing scheduled exploration programs", said Bob Thast, New Carolin Gold CEO. "The last exploration program underground at the Carolin was a drill program completed between 1994 -1996 by Athabaska Minerals who planned to take the mine back in production, but falling gold prices prevented them from executing the plan. The Company commissioned a 3D geological model in late 2014 utilizing all available data from the combined $3.5M Athabaska drill program and historical drill data that led to the development of the Carolin Mine. With the collective historical drill data and critical new data from underground surveys, mapping and sampling, the Company will be able to complete the 3D geological models, which will not only assist in constraining the existing Carolin resource, but serve as an effective guide for the upcoming drill program and for future exploration programs".

Mr. R. Bob Singh, P.Geo, Exploration Manager, is the qualified person responsible for the technical content of this news release.

About New Carolin Gold Corp.

New Carolin Gold is a Canadian-based brown fields development company focused on the exploration, evaluation and development of our 100% owned property consisting of 144 square kilometers of contiguous mineral claims and crown grants, collectively known as the "Ladner Gold Project" (Project). The Project and property are located 2 hours from Vancouver near Hope, British Columbia in the prospective and under-explored Coquihalla Gold Belt. The property hosts several historic gold producers including the Carolin Mine, Emancipation Mine, Arum Mine, Ward Mine, and Pipestem Mine, in addition to numerous artisan workings and gold prospects that typically exploit high grade visible gold mineralization.

For additional information, please visit the Company's website at www.newcarolingold.com.

ON BEHALF OF THE BOARD OF DIRECTORS

"Robert L. Thast"

President & Chief Executive Officer

Phone: 604.542.9458

Cell: 604.220.5031

E-mail: ceo@newcarolingold.com

Web site: www.newcarolingold.com

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or the accuracy of this press release.

Caution concerning forward-looking information

This news release may contain forward-looking statements that are based on the Company's expectations, estimates and projections regarding its business and the economic environment in which it operates. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements. Statements speak only as of the date on which they are made, and the Company undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances, unless otherwise required to do so by law.

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