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Proc-Type: 2001,MIC-CLEAR
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<SEC-DOCUMENT>0001277006-05-000032.txt : 20051007
<SEC-HEADER>0001277006-05-000032.hdr.sgml : 20051007
<ACCEPTANCE-DATETIME>20051007124310
ACCESSION NUMBER:		0001277006-05-000032
CONFORMED SUBMISSION TYPE:	SC 13G
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20051007
DATE AS OF CHANGE:		20051007

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			New Gold Inc. /FI
		CENTRAL INDEX KEY:			0000800166
		STANDARD INDUSTRIAL CLASSIFICATION:	METAL MINING [1000]
		IRS NUMBER:				000000000
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SC 13G
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	005-81037
		FILM NUMBER:		051128970

	BUSINESS ADDRESS:	
		STREET 1:		#601-595 HOWE STREET, SUITE
		CITY:			VANCOUVER
		STATE:			A1
		ZIP:			V6C 2T5
		BUSINESS PHONE:		(604) 687-1629

	MAIL ADDRESS:	
		STREET 1:		#601-595 HOWE STREET, SUITE
		CITY:			VANCOUVER
		STATE:			A1
		ZIP:			V6C 2T5

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	DRC RESOURCES CORP                                      /FI
		DATE OF NAME CHANGE:	19860904

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			SPROTT ASSET MANAGEMENT INC
		CENTRAL INDEX KEY:			0001277006
		IRS NUMBER:				000000000
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SC 13G

	BUSINESS ADDRESS:	
		STREET 1:		200 BAY STREET
		STREET 2:		STE 2700 P O BOX 27
		CITY:			TORONTO ONTARIO
		STATE:			A6
		ZIP:			M5J 2J1
		BUSINESS PHONE:		4169436706
</SEC-HEADER>
<DOCUMENT>
<TYPE>SC 13G
<SEQUENCE>1
<FILENAME>newgold13gsept05.txt
<TEXT>
New Gold Inc.
Common Shares
644535106
October 6,2005


CUSIP 644535106
1. Sprott Asset Management Inc.
   Suite 2700, South Tower, Royal Bank Plaza, Toronto, Ontario  M5J 2J1
   Canada

2. n/a

3.

4. Ontario, Canada

5. 1,000,000

6. n/a

7. 1,000,000

8. n/a

9. n/a

10. n/a

11. n/a

12. BD


Item 1
(a) New Gold Inc.
(b) 601-595 Howe Street
    Vancouver, BC
    V6C 2T5
    Canada

Item 2
(a) Sprott Asset Management Inc.
(b) Suite 2700, South Tower
    Royal Bank Plaza
    P.O. Box 27
    Toronto, Ontario M5J 2J1
    Canada
(c) Canadian
(d) Common Shares
(e) 644535106

Item 3
n/a

Item 4
(a) n/a
(b) n/a
(c) (i) 1,000,000
    (ii) n/a
    (iii) 1,000,000
    (iv)  n/a

Item 5
n/a

Item 6
n/a

Item 7
n/a

Item 8
n/a

Item 9
n/a

Item 10
october 6, 2005
Neal Nenadovic
Chief Financial Officer
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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