New Dimension Provides Update to Exploration Programs in the Yukon and NWT
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 07/25/11 -- New Dimension Resources Ltd. (TSX VENTURE: NDR) (the 'Company' or 'New Dimension') is pleased to report that field crews led by Archer, Cathro & Associates, have completed Phase I field evaluations on 12 properties that comprise the Lansing Project ('Lansing'), located in the Yukon and the Gild Project ('Gild'), located in the NWT.
The programs at Lansing and Gild ('the Properties') focused on rock, soil and stream sediment sampling. During the program, approximately 900 stream and soil samples were acquired as well as 27 rock samples. This additional geological information will be utilized to prioritize target areas and plan follow-up activities. The Company's Phase II follow-up will be contingent on results. Assay results will be reported when received and interpreted.
About the Lansing and Gild Projects
New Dimension has an option to earn up to a 100% interest in 12 properties consisting of the Lansing and Gild Projects. The Properties were originally 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 extensive exploration experience in the Yukon. Strategic Metals acquired the Properties with the objective of identifying targets similar to discoveries found on ATAC Resources' Rackla gold project; where a 40,000 metre drill program is currently underway. The Rau Property, located to the west and north of the Gild and Lansing Properties, has returned exceptional drill results including 65.20 metres of 4.65 g/t gold and 21.13 metres of 8.01 g/t gold on 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
info@northair.com
www.newdimensionresources.com