December 9, 2011- New Moon Minerals Corp. (“New Moon” or the “Company”) is pleased to announce that it has filed and obtained a receipt dated December 7, 2011 for its amended and restated final prospectus in Ontario, Manitoba, Saskatchewan, Alberta and British Columbia with respect to its proposed initial public offering (the “Offering”) and has also received conditional approval from the TSX Venture Exchange (“the Exchange”) for the listing of its common shares (the “Common Shares”) on the Exchange as a Tier 2 Mining Issuer.

This amended and restated prospectus (the “Prospectus”) qualifies the distribution (the “Offering”) by New Moon of a combination of up to 14,000,000 non-flow through units (each a “NFT Unit”) at a price of $0.15 per NFT Unit and up to 6,000,000 “flow-through” common shares (each a “FT Share”) at a price of $0.15 per FT Share, provided that the maximum aggregate gross proceeds of the Offering are $2,100,000.  Each NFT Unit consists of one non-flow through common share of the Issuer (a “NFT Share”) and one transferable non-flow through common share purchase warrant (a “Warrant”).  Each Warrant will entitle the holder thereof to purchase one additional common share of the Issuer (a “Warrant Share”) at any time on or before 18 months after the closing (the “Closing”) of the Offering at an exercise price of $0.18 per Warrant Share.

The Offering is being made on a best efforts basis through Haywood Securities Inc. as the Company’s lead agent, and is planned to close on or before December 31, 2011.The Exchange’s final acceptance of the Company’s listing is subject to New Moon fulfilling all of the requirements of the Exchange in accordance with the terms of the conditional approval, including completion of the entire Offering. A copy of the amended and restated final prospectus will be available under New Moon’s profile on SEDAR at www.sedar.com.

About New Moon Minerals

New Moon is a Canadian mineral exploration and development company focused mainly on precious metals exploration properties with economic potential, The Company has a strong experienced team and a portfolio of eight mining properties, which include:

• the Ithingo Lake Gold Project, located in northern Saskatchewan, the Company’s qualifying property for a public company listing. Historical drilling by Claude Resources has demonstrated high-grade gold mineralization with good potential for outlining a significant gold resource;
• the Creighton Gold Project encompasses three past-producing gold mines and is located 5 km from the mining-friendly city of Flin Flon, MB
• two Rainy River area projects in Ontario that showed historical high-grade gold mineralization found on surface;
• the Berven gold project located in close proximity to a new gold producer;
• the Cherryville gold and silver property located in the immediate vicinity of five past producers in B.C.
• the past-producing Anglo-Rouyn Mine in northern Saskatchewan, a copper, gold, and silver mine, and
• the Border-Niska property, a  strategically-located coal exploration property located contiguous to the Niska 108 coal zone discovered in 2008 by Goldsource Mines Inc..

Richard Rivet,
President & CEO
New Moon Minerals Corp.
(204) 782-5395.
Web: www.newmoonminerals.com
Email: newmoonminerals@yahoo.ca

This offering is only made by prospectus. The prospectus contains important detailed information about the securities being offered. Investors should read the prospectus before making an investment decision. Copies of the amended and restated final prospectus may be also obtained from:

Barry Muir
Haywood Securities Inc
Phone: (604) 697-6172
Facimile: (604) 697-6098
Toll-Free 1-800-663-9499
E-mail: bmuir@haywood.com

Or

Martin Burian, CA. CBV
Haywood Securities Inc.
Phone: (604) 697-6169
Toll Free:1-800-663-9499
E-Mail: mburian@haywood.com

This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of, the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful. The securities described herein 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 U.S. state securities laws and may not be offered or sold in the United States or to U.S. persons except in compliance with the registration requirements of the U.S. Securities Act and applicable U.S. state securities laws or pursuant to an exemption therefrom.

Forward Looking Statements

Certain statements contained in this news release, including all statements that are not historical facts, contain forward-looking statements and forward-looking information within the meaning of applicable securities laws. Such forward-looking statements or information include, but are not limited to, statements with respect to the Offering.

Download Ithingo Geophysical & DDH Compilation Mini-Report

Download Creighton Technical Report

Download Creighton Geophysical & DDH Compilation Mini-Report

The New Moon Minerals Border-Niska property consists of one strategically located claim totaling 649 acres and is located approximately 62.5 Kilometres north of the town of Hudson Bay, in East Central Saskatchewan. Provincial Highway 9 runs adjacent to the property and there is also an active railroad (CNR) located approximately 200 metres south of the property. New Moon can earn a 100% interest and optioned the claim from Gem Oil Inc.

This New Moon Border-Niska coal property identified as CPP1375, lies adjoining to and within the known coal zone labeled Niska 108 owned by Goldsource Mines Inc. (TSX.V-GXS). With the exception of this New Moon 649 acre strategic exploration disposition Goldsource holds all the other coal exploration permits (183) in this Border area and totally surrounds New Moon.

The immediate area has usually been centered on kimberlite exploration. Even to date, geophysical maps show normal kimberlite signatures throughout the region. However, in 2008 when Goldsource Mines were drilling for kimberlites near Hudson Bay, coal was discovered and mineral claims were immediately transferred to coal claims in the region. But there was a gap in the Goldsource staking and Gem Oil Inc. noticed this and staked CPP1375. This claim appears to possibly have the extension of the Niska 108 zone according to the geophysical signature.

During March, 2011, Gem Oil Inc. “: the vendor:” ordered a Bouger gravity survey to be conducted over CPP 1375 to identify any possible low gravity anomalies on the property. This program ended on March 14, 2011. The gravity survey indicates a substantial “Low” in the north central region of CPP1375. This area agrees exactly with the coal outline on the Goldsource Niska 108 and appears to comprise approximately 20% of the total Niska 108 coal zone.

Drilling done by Goldsource Mines allowed them to calculate an inferred resource of 66.1 million Tonnes at this zone. This resource does not include the CPP1375 area that is part of the Niska 108 coal zone. The detailed Bouger Anomaly map also indicates other lower gravity zones (possible coal) through the central and southeastern regions of the property therefore giving the property even greater potential.

Source: All the information and data contained in this summary was taken from an April, 2011Technical report written for Gem Oil Inc. by Rod Ogilvie P.Eng.,QP and George Sharpe P.Geo. Ltd. QP, MCIM, CGT.

Goldsource Mines Inc. also mentions this New Moon property in their Feb 15, 2011 Technical Report under Sections 4.0 and 11.10   Mineral Resources it says:

“:As noted in Section 4.0 within the project area there is a single drilling permit which is held by another party.  This permit is located at the south end of Niska 108 and can be found on these figures.  Reported resources for Niska 108 only include the tonnes within Goldsource’s drill permits and do not include the tonnes associated with the permit under control by the other party” now being New Moon.. Source: Goldsource Mines web site.

Map including proposed regional infrastructure

Copper was the main mineral being mined and the precious metals were of secondary importance in the operation, as prices for those commodities were quite low, gold for instance being pegged at around $35 per ounce.

The mine was in production from 1966 to 1972 and total production was reported at 62,227.107 lbs of copper, 309,600 ounces of silver and 67,652 ounces of gold.

It is road accessible via Highways 102, and 915, then by a 7 kilometer bush road.

The past owner of the property partially exposed the shearing in a series of well designed trenches, and several pits over a lenght of 1000 ft. Deep overburden both to the northeast and southwest did not allow for further trenching even though the zone is traceable for 2000 ft. Lack of funds also prevented systematic sampling. The mineralization consists of pyrite, galena, bismuth telluride, chalcopyrite and free gold.

This network of quartz veins and stringers yielded very impressive results from most of the trenches sampled so far and we are very happy that this large zone wasnt fully explored properly.

Highlights included:
4.0 ft of 4.1 oz/Au/ton
3.0 ft of 2.5 oz/Au/ton
3.5 ft of 1.6 oz/Au/ton
4.0 ft of 1.2 oz/Au/ton

We will strive towards our goals with a focus on the following guiding principles:

• To attract the best people in the mineral exploration industry;
• To acquire the most accretive assets that we can;
• To maintain a strong balance sheet to support our exploration objectives;
• Technical excellence and promoting a safe and healthy working environment;
• Cost control through focused exploration and business practices;
• Growth through high quality project generation;
• Exercising care and respect for the natural environment and to create strong partnerships in the communities in which we work.