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New Gold CEO Discusses Q2 2012 Results - Earnings Call Transcript

Before Mr. Oliphant provides us with an overview of the results, I will go through an abbreviated version of our forward-looking statements, which are also provided in greater detail on slide three and four of the presentation.

Some of today's commentary may contain forward-looking information for New Gold. In this respect, we refer you to our detailed cautionary note regarding forward-looking statements in the presentation.

You are cautioned that actual results and future events could differ materially from their respective conclusions, forecasts or projections. We refer you to the section entitled Risk Factors in New Gold's latest MD&A and other filings available on SEDAR which sets out certain material factors that could cause the results to differ.

As well, regarding references to mineral, resources and other technical terms defined in National Instrument 43-101, we refer you to our detailed cautionary note to U.S. readers concerning estimates of measured, indicated and inferred resources in the presentation.

I will now turn the call over to Randall.

Randall Oliphant

Thank you, Hannes. Good afternoon, everyone. Thank you for joining us today to discuss our second quarter results, which we believe provide us with a strong momentum as we head into the second half of 2012.

Slide five provides few of the second quarter highlights. Before I speak about our operations and development projects, I would like to mention two people who recently joined New Gold.

We are absolutely delighted to have to have The Honourable David Emerson join our Board of Directors, and Ernie Mast joined our management team as Vice President of Operations.

David Emerson has extensive experience in both, Canada's public and private sectors. During his time with the Government of Canada, he served as Minister of Foreign Affairs, Minister of International Trade, and Minister of Industry. We look forward to working with David and believe our company should benefit significantly from him joining the board.

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