New Dimension Resources Ltd.
Current Stock Quote:
Last -  $0.11     High -  $0.11     Low -  $0.09     Volume -  135000


Projects


Show printable version of 'Projects Overview' item in a New Window
Email 'Projects Overview' item to a friend

Overview

For more information on New Dimension Resources Ltd. projects or to discuss a joint venture opportunity please contact:

Fred Hewett @ info@northair.com
Tel: 604.687.7545 TF: 1.888.338.2200 Fax: 604.689.5041


Mars Project

The Mars copper-gold property is located approximately 65 kilometres northeast of Whitehorse in south central Yukon. The 19.4 square kilometer Property features a gold-copper porphyry target defined by a 1 x 3 kilometre northwest oriented zone of potassic alteration with associated chalcopyrite and magnetite bearing veins and stockworks. Mineralization on the Property is believed to be related to a silica-saturated alkalic intrusion similar to the Mount Milligan, Mount Polly and Copper Mountain deposits in British Columbia. These deposits typically have elevated gold and silver values and decreased molybdenum when compared to more classic porphyry copper deposits. New Dimension has an option to earn a 100% interest in the Property from Strategic Metals Ltd.

Lansing Project

The Lansing Project is located within the prospective Tombstone Gold Belt in central Yukon. The project area, comprised of 11 properties, lies 30 to 110 kilometres south of ATAC Resources Ltd.'s large Rau property (which is within the Rackla Gold Belt), and cover areas anomalous in any or all gold, silver, copper, lead, zinc, antimony, bismuth and arsenic as defined by regional Geological Survey of Canada stream sediment surveys. Highlights of the Phase I evaluation carried out in the summer of 2011, include two strongly anomalous soil samples which returned 8.32 g/t gold and 2.50 g/t gold from the Lance gold property. To further investigate these positive results, field crews have now completed a follow up Phase II exploration program with focus on the Lance and Liam Properties. Results from the Phase II program are pending and will be released when available. New Dimension can earn up to a 100% interest in the Lansing Property from Strategic Metals Ltd.

Domain Project

The Domain Gold Project totals 14,000 hectares and is situated approximately 120 kilometres southeast of Thompson, Manitoba within a highly prospective greenstone belt. The Domain Property is host to several steeply dipping, northwest trending gold-bearing structures up to 3.5 kilometres long and at least 100 meters in down-dip extension. Since 2006, the Company's joint venture partner has completed three drill programs which have produced very encouraging results. The most recent drill program completed in November 2008 was highly successful in confirming continuity of gold mineralization within the B Zone and extending its strike length by 150 metres to the northwest. The B Zone has now been defined over a strike length of 850 metres and remains open along strike and down dip.

Voisey's Bay Projects

A predecessor company to New Dimension Resources was formed during the Voisey's Bay exploration rush and the Company continues to hold key ground in this attractive Labrador exploration district. One of the Company's claims, Project 61, is located within the Voisey's Bay Nickel Company Limited discovery claim block, approximately seven kilometres southwest of their deposit. Approximately 90 kilometres south of the Voisey's Bay deposits, the Company, along with Donner Minerals and others, hold an interest in a company formed to consolidate holdings in the South Voisey Bay area. This Company, SVB Nickel Company Ltd. controls in excess of 40,000 hectares covering geological targets with the potential for a discovery comparable to Voisey's Bay.


Cenepa Project

New Dimension Resources holds the Cenepa gold project located in the highly prospective Cordillera del Condor mineral belt in northern Peru. The Cenepa Project, staked by Minera NDR Peru SAC ("NDR Peru") in 2006, is comprised of ten mining concessions totaling approximately 9,000 hectares. The concessions cover the projection of a 20 kilometre long north-south trending mineral belt that includes Kinross' Condor Project and the Fruta del Norte gold deposit in Ecuador. Prospecting programs completed on the Cenepa Project to date have returned significant gold values from three gold anomalies and have greatly increased the Company's understanding of the property's geology. Geological mapping and sampling have identified andesite volcanic rocks and an overlying conglomerate formation that appear to be similar to the host rocks of the Kinross Fruta del Norte deposit located along a north, north-west structural trend 10 kilometres north of the property in Ecuador.

Cori Puncho Project

The Cori Puncho Gold Project is located in the Department of Puno, southern Peru. The property position covers a steeply easterly dipping volcanic and sedimentary contact mineralized with pyrite and specular hematite. A Phase 1 drill program, completed in May 2006, is highlighted by results that include 2.14 g/t gold over 26 meters. The Company has elected to seek a joint venture partner for the next phase of work on the Cori Puncho Project.

Magma Project

NDR staked the Magma claims in Argentina in 1999, during the relatively early days of the Esquel Gold Project, which is now owned by Yamana Gold. The two claims total 5,000 hectares in size and were located to cover the projected strike extensions of known mineralization on the Esquel mineral trend. At last report, the measured and indicated resources of Esquel stand at 3,276,000 ounces gold and 5,866,000 ounces of silver with 75% of this grading in excess of 10.5 g/t gold and 18.2 g/t silver. Recent local concerns have slowed the project, but the economics of Esquel remain favorable and the Company will continue to hold their key land position on the mineral trend.

 
The Northair Group