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New Island Comments on Pine Cove Operations

  //business-finance.news-articles.net/content/200 .. new-island-comments-on-pine-cove-operations.html
  Published in Business and Finance on Friday, December 18th 2009 at 8:35 GMT by Market Wire
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ST. JOHN'S, NEWFOUNDLAND AND LABRADOR--(Marketwire - Dec. 18, 2009) - New Island Resources Inc. (New Island) (TSX VENTURE:NIS) of St. John's, NL advises that with respect to Anaconda Mining Inc. (Anaconda) (TSX:ANX) press release of today's date, senior officials of the Company will be meeting with Anaconda on Tuesday, December 22nd to review the termination of the custom milling contract with Crew Gold Canada and other issues relating to Anaconda's operations at Pine Cove.

Further information will be provided following the December 22nd meeting.

Statements contained in this release that are not historical facts are forward-looking statements, which involve known and unknown risks and uncertainties not under the company's control, which may cause actual results, performance or achievements of the company to be materially different from the results, performance or expectations implied by these forward-looking statements.

"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 accuracy of this release"