New Dimension Joins Forces with Strategic Metals: Acquires Gold Project Within the Significant Rackla (Rau) Gold Belt

VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 11/03/10 -- New Dimension Resources Ltd. (TSX VENTURE: NDR) (the 'Company' or 'New Dimension') is pleased to report that it has executed a binding option agreement (the 'Agreement') with Strategic Metals Ltd. (TSX VENTURE: SMD) ('Strategic Metals') to earn up to a 100% interest in Strategic Metals' Gild gold property ('the Property'). The Property is located within a geological belt that the Company & Strategic Metals believes has the same characteristics as recent discoveries by ATAC Resources Ltd. ('ATAC') in the Yukon,which ATAC have named the Rackla (Rau) Gold Belt (please click to view map: http://media3.marketwire.com/docs/ndr-gild.pdf).

'New Dimension is very pleased to join forces with Strategic Metals an aggressive exploration company with a significant land package in the Yukon and Northwest Territories ('NWT'),' said Fred Hewett, President & CEO of New Dimension. 'Strategic Metals' association with geological consultants Archer Cathro has provided New Dimension with an excellent opportunity to gain access to an area with one of the most promising new mineral discoveries in recent years. The Gild gold property is an exciting project that gives our shareholders significant exposure to the mineral potential in this area of Canada and it is an excellent complement to the Company's Cenepa gold project in northern Peru.'

Background:

The 44 square kilometre Gild Property is situated in the NWT approximately 90 kilometres to the east of ATAC's Osiris Target, which is located on ATAC's 1,500 square kilometre Rau gold property in central Yukon. ATAC's exploration success on the Rau Property includes announced drill intercepts of 9.26 g/t gold over 31.1 metres and 24.07 g/t gold over 28.4 metres from over 25,000 metres of diamond drilling in over 130 holes. New Dimension and Strategic Metals believe the Gild gold property shares many of the same geological features (tectonic setting, host rocks, faulting and associated metals) as the Tiger Zone on the Rau Property.

The Gild Property:

The Gild Property was staked by Strategic Metals as a result of their search for projects hosting similar geological characteristics to ATAC's Rau discoveries. An assessment report filed with DIAND describes surface rock chip sampling carried out on what is now the Gild property in 1973, which returned significant gold, lead and zinc values. Readers are cautioned that the values described are not NI 43-101 compliant and have not been verified by Strategic Metals or the Company. Four of twelve chip channel samples described in the referenced assessment report were gold rich with values reported as follows:

--  11.5 feet (3.5 metres) of 0.28 oz/t (9.65 g/t) gold;
--  8.0 feet (2.4 metres) of 0.38 oz/t (13.10 g/t) gold;
--  19.0 feet (5.8 metres) of 0.18 oz/t (6.21 g/t) gold; and
--  8.7 feet (2.7 metres) of 0.16 oz/t (5.52 g/t) gold.

Some of the samples taken from the mineralized zone also returned significant values in lead and zinc. All of the mineralized samples were taken along a structure reportedly developed within dolomites forming the footwall of a major thrust fault. The horizontal distance between the 0.16 oz/t gold and 0.28 oz/t gold samples is reported as 1,600 feet (487.7 metres).

An initial exploration program is scheduled to be carried out by the Company on the Property as soon as spring weather conditions allow. Favourable results, subject to the receipt of all necessary permits, could result in a drill program in the fall of 2011.

The Agreement:

New Dimension can earn an initial 50% property interest by spending $3.5 million in exploration expenditures and making payments totaling $600,000 to Strategic Metals over a four year period. Of the $600,000, up to $250,000 in value can be issued in the Company's stock at the election of the Company.

The Company can also elect to earn an additional 15% (aggregate 65% property interest), by spending $15 million (total exploration to date), by issuing to Strategic Metals 19.9% of the outstanding shares of NDR, and by completing a pre-feasibility study. The Company can then elect to earn a further 35% (aggregate 100% interest) by making a decision to commence the construction of a mine within 12 years from the signing of the agreement and by maintaining Strategic Metals' equity interest in the Company. Upon NDR earning 100%, Strategic Metals would retain a 2.5% net smelter return (NSR) production royalty and receive certain minimum advance royalties prior to production commencing.

The Agreement is subject to regulatory approval, including approval of the TSX Venture Exchange.

About New Dimension Resources Ltd.:

New Dimension is engaged in the acquisition, exploration and development of quality mineral resource properties throughout the Americas with a focus on potentially significant bulk tonnage gold and silver deposits. The Company's exploration activities are presently focused on its Cenepa gold project, which covers one of the most attractive geological terrains within the highly prospective Cordillera del Condor mineral belt in northern Peru and southern Ecuador (please click to view map: http://media3.marketwire.com/docs/ndr-cenepa.jpg). This belt is host to Kinross Gold's FDN deposit, a NI 43-101 compliant Inferred Mineral Resource consisting of 58.9 million tonnes grading 7.2 g/t gold and 11.8 g/t silver and containing 13.7 million ounces of gold and 22.4 million ounces of silver, respectively.

The 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. The Company cautions that ATAC's results at the Rau Property are not necessarily indicative of possible future results on the Gild Property.

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 statements of belief of similarity of geological characteristics or features, statements of unverified drilling and sampling results and expectations of receipt of permits and plans for future work. Forward looking statements involve 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, unexpected geological factors, exploration results, results of verification work and unanticipated regulatory obstacles. 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