New America Energy Corp. Announces Strategic Nevada-Based Acquisition.

LAS VEGAS, Nov. 1, 2011 /PRNewswire/ --  New America Energy Corp. (OTCQB: NECA) is pleased to announce it has executed a mineral property acquisition option agreement to acquire certain rights in the Mud Lake Lithium Project, Nye County, Nevada. The 20 placer claims (approx 3200 acres) are strategically located in this prime lithium mining region.

Rick Walchuk, President of New America Energy Corp. reports, "Lithium is a sector of the strategic minerals market that has generated a tremendous amount of global interest. Lithium ion based products, including the expanding electric car category, are seeing phenomenal growth projections.  I believe that this is an area where New America Energy can be a very successful player.  We are actively searching and evaluating additional opportunities that we hope to finalize in the near future."

The Mud Lake Lithium Project property is located nine miles southwest of Tonopah Nevada in the Ralston Valley. The Mud Lake property consists of twenty placer claims in Nye County. The Ralston basin, which contains Mud Lake, appears to have similar geological features that provided both a source and trap for lithium brines found in Clayton Valley which is located 29 miles west from the property.

Details on the agreement for the acquisition of rights to the Mud Lake Lithium Project can be found in the following 8-K filed with the SEC:  http://www.sec.gov/Archives/edgar/data/1373853/000136927011000104/form8k.htm

About New America Energy Corp.

New America Energy Corp. (NECA) is a Nevada-based mineral exploration company engaged in the acquisition and exploration of mineral properties in the continental United States. Currently the company controls approximately 3200 acres in the Nevada.

FORWARD LOOKING STATEMENT

This announcement is not an offer to sell any New American Energy Corp. shares ("NECA") or related securities. Offers for any given security are made only through applicable offering circulars and related documents filed with the SEC pursuant to the Securities Act of 1933 or the Securities Exchange Act of 1934. Certain statements contained herein and subsequent oral statements made by and on behalf of NECA may contain "forward looking statements". Such forward looking statements are identified by words such as "intends," "anticipates," "believes," "expects," and "hopes" and includes, without limitation, statements regarding the resource potential of NECA's Mud Lake Lithium Project, and the ability to secure additional properties. Forward-looking statements express our expectations or predictions of future events or results. They are not guarantees and are subject to many risks and uncertainties. There are a number of factors beyond our control that could cause actual events or results to be significantly different from those described in the forward-looking statements. Any or all of our forward-looking statements in this report or in any other public statements we make may turn out to be wrong. We undertake no obligation to publicly update or review any forward-looking statements, whether as a result of new information, future developments or otherwise.

New America Energy Corp
Investor Relations
Toll Free 1-855-391-2615
[email protected]

SOURCE New America Energy Corp.

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