NIS New Island Resources

New Island Resources ("New Island") (TSX VENTURE:NIS) reports that on September
10, 2010 David Wiley of Oakville, Ontario and Dustin Angelo of Mississauga,
Ontario were appointed as directors of New Island. Both Mr. Wiley and Mr. Angelo
are also directors of Anaconda Mining Inc. (TSX:ANX) ("Anaconda").


These appointments are subject to the approval of the Exchange and are in
accordance with the agreement (the "Agreement") between New Island and Anaconda
which was reported in a joint press release on August 30, 2010. Under the
Agreement, Anaconda will acquire New Island's interest in the gold project at
Pine Cove, Newfoundland by way of a Plan of Arrangement. As consideration for
New Island's interest in the Pine Cove mine and mill project, Anaconda will
issue 22,602,315 common shares to be distributed to shareholders of New Island
proportionately in accordance with their interest in New Island. Pursuant to the
Agreement, there are to be two directors of New Island nominated by Anaconda
pending closing of the transaction. Other details of the Agreement may be found
in the joint press release issued by New Island and Anaconda of August 30, 2010.


To enable and facilitate the appointment of the new Directors, Mr. Eric Jerrett
agreed to resign from the Board on September 6, 2010, which became effective
with the new appointments. Mr. Jerrett is one of the longest serving, valued and
respected members of the Board. He is a graduate engineer and has operated his
engineering and architectural company for many years. He has received many
honorary awards in recognition of his major contribution to his profession,
charities, and the community at large, including the Order of Canada. For his
long standing contribution and support to New Island, it extends to Mr. Jerrett
its sincere appreciation and best wishes.


About New Island Resources Inc.

New Island is a diversified junior exploration company holding gold and base
metal properties in the Province of Newfoundland and Labrador. New Island has
entered into agreements for the sale of its interest in the gold mine and mill
project at Pine Cove in central Newfoundland and for the sale of the Glover
Island exploration property in western Newfoundland. Additional information
concerning these sales and New Island may be obtained on New Island's website
at: www.newislandresources.com or from the System for Electronic Document
Analysis and Retrieval (SEDAR) website at: www.sedar.com under New Island's
profile.


ON BEHALF OF THE BOARD OF DIRECTORS

Harold Wareham, President and CEO

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.

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