New Dimension Confirms Gold Zone in Amador Canyon, Nevada
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 09/15/10 -- New Dimension Resources Ltd. (TSX VENTURE: NDR) (the 'Company' or 'New Dimension') announces that a mapping and sampling program has recently been completed at Amador Canyon, Nevada. The program was successful in confirming that a potentially significant gold zone exists in Amador Canyon and further exploration is warranted.
Fifteen rock samples were taken in the recent program. Results, highlighted by values of 4.330 g/t and 1.885 g/t gold are listed in the following table.
-------------------------------------- ------------------------------------
Sample Gold Silver Sample Gold Silver
Number Type (g/t) (g/t) Number Type (g/t) (g/t)
-------------------------------------- ------------------------------------
300351 Rock Chip, Point less 0.3 300359 Dump, Grab 0.407 5.7
than
0.005
300352 Rock Chip, Point 4.330 19.4 300360 Dump, Grab 0.014 0.8
300353 Rock Chip, Point 0.012 less 300361 Rock Chip, Point less less
than than than
0.2 0.005 0.2
300354 Rock Chip, Point 0.028 0.8 300362 Rock Chip, Point less less
than than
0.005 0.2
300355 Rock Chip, Point 0.062 4.3 300363 Rock Chip, Point less less
than than
0.005 0.2
300356 Rock Chip, Point less less 300364 Rock, Float less less
than than than than
0.005 0.2 0.005 0.2
300357 Dump, Grab 1.885 5.6 300365 Rock, Float less less
than than
0.005 0.2
300358 Dump, Grab less 0.5
than
0.005
-------------------------------------- ------------------------------------
Please click on the following link to view a map showing the sample locations.
http://www.newdimensionresources.com/i/images/reese/2010-09-13_Reese_River_Rock_Chip.jpg
Amador Canyon is extensively covered by overburden with very little outcrop, and sampling has been restricted to small occurrences of siltstone and sandstone with weak silification and quartz veining. Samples were taken in an area where two surface samples taken in 2007 reported assays of 10.30 g/t and 6.04 g/t gold, respectively. The recent sampling, coupled with the previous work provides evidence that the Gold Zone has consistent and distinctively anomalous gold geochemistry that is clearly different from that associated with the previously known silver mineralization in Amador Canyon.
The Gold Zone is highly anomalous in gold, arsenic and antimony while silver mineralization is anomalous in lead and zinc. Alteration is also distinctive within the gold zone with strong carbon alteration and moderate illite, which does not exist in the silver zone as seen in past drilling. Although the Company drilled two holes in this area in 2009 which intersected significant alteration associated with anomalous silver values, it is likely that their orientation to the west could have missed the Gold Zone.
The Gold Zone, which now measures at least 75 metres by 50 metres on surface, remains open in all directions and represents an exploration target that warrants further evaluation.
Amador Canyon, located 5 kilometres north of Austin Nevada, was until recently part of the Company's much larger Reese River Project, which had been targeted towards silver exploration. The Company has terminated its option on the majority of the Reese River claims, but New Dimension retains the right to obtain full ownership in the majority of the Amador Canyon claims.
The technical information in this news release has been prepared in accordance with Canadian regulatory requirements set out in National Instrument 43-101 and reviewed by Fred Hewett the Company's President & CEO, a director and a Qualified Person under NI 43-101
ON BEHALF OF THE BOARD
NEW DIMENSION RESOURCES LTD.
Fred G. Hewett, P.Eng., President & CEO
This news release may contain forward looking statements which are not historical facts, such as anticipated mineral title grants, resource estimates, or discussions of goals, potential mineralization and exploration results, and involves a number of risks and uncertainties that could cause actual results to differ materially from those projected. These risks and uncertainties include, but are not limited to, the risk mineral title to additional concessions may not be granted, assumptions underlying resource estimates not being realized, , geological factors and exploration results that do not reflect the prospectively of the concessions. See New Dimension's filings for a more detailed discussion of factors that may impact expected results.
This news release does not constitute an offer to sell or solicitation of an offer to sell any securities in the United States. The securities 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 state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.
Contacts:
New Dimension Resources Ltd.
Fred Hewett
(604) 687-7545 or (888) 338-2200
New Dimension Resources Ltd.
Chris Curran
(604) 687-7545 or (888) 338-2200
(604) 689-5041 (FAX)
info@northair.com
www.newdimensionresources.com