New Dimension Commences Exploration Programs in the Yukon and NWT
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 06/02/11 -- New Dimension Resources Ltd. (TSX VENTURE: NDR) (the 'Company' or 'New Dimension') is pleased to report that it has mobilized its field crews to begin an initial phase of exploration of the Gild Property ('Gild'), located in the NWT and the Lansing Properties ('Lansing'), located in the Yukon.
The Company's initial exploration programs for both Gild and Lansing ('the Properties') will focus on geological mapping, prospecting, rock, soil and stream sediment sampling. The programs are designed to provide additional geological information essential for prioritizing target areas and planning follow-up activities that are expected to include drilling.
In addition to initiating exploration work, New Dimension is meeting with local communities along the Yukon and NWT border to ensure all stake holders are fully informed as exploration moves forward.
New Dimension has an option to earn up to a 100% interest in 12 properties consisting of the Gild and Lansing Projects. The Properties were staked by Strategic Metals Ltd. ('Strategic Metals') following an extensive review of a geological data base complied by Archer Cathro & Associates, an independent group of consulting geological engineers and geoscientists with over 40 years of exploration experience in the Yukon. Strategic Metals acquired the Properties with the objective of identifying high priority targets similar to the discoveries found on ATAC Resources' Rackla gold project; where a 40,000 metre drill program is currently underway. The Rackla Property, located to the north and west of the Gild and Lansing Properties, has returned exceptional drill results highlighted by 65.20 metres of 4.65 g/t gold and 21.13 metres of 8.01 g/t gold at the Osiris and Conrad zones, respectively.
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