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![]() | ![]() New Dimension Resources' exploration team is led by a highly experienced Vice President of Exploration. His world-wide background has helped NDR to develop a network of high-quality industry contacts throughout the Americas. To maximize the efficiency of exploration expenditures, the Company utilizes its industry contacts and a network of experienced prospectors to aid in locating acquisition opportunities for evaluation and prioritization by NDR geologists. In North America, the Company is aggressively reviewing prospects, with the majority of these located in Nevada. In South America,an exploration emphasis is given to higher grade precious metal prospects with underground or open-pit potential that can be developed and mined at low cost. For more information on New Dimension Resources Ltd. projects or to discuss a joint venture opportunity contact: Fred Hewett @ info@northair.com Tel: 604.687.7545 TF: 1.888.338.2200 Fax: 604.689.5041 Or Thomas Burkhart @ t.h.burkhart@att.net Tel/Fax: 530.344.8090 Cenepa Project New Dimension Resources Ltd. has attained an irrevocable right to acquire ten mining petitions situated in Peru along the Ecuador border on trend and to the south of Aurelian Resources Inc.'s Condor Project and the Fruta Del Norte gold discovery. The mining petitions total 10,000 hectares and cover the projection into Peru of a 20 kilometre long, north-south trending mineral belt that includes Fruta Del Norte. The claims are in varying stages of approval with final approvals on all claims expected over the next several months. There has been very limited exploration work in the Company's concession area of Peru where the mineral trend crosses the border. The area is considered geologically highly permissive for discovery. 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. Hannapah Project New Dimension Resources Ltd. acquired the Hannapah Gold Property by staking 109 mineral claims, covering 2300 hectares, near Tonopah in Western Nevada. The Hannapah property was identified during a generative exploration program conducted by the Company and was staked due to its close geologic similarities to the significant Midway deposit located 25 kilometres to the northwest. Midway is an advanced stage gold property owned by Midway Gold Corporation with reported resources of approximately 250,000 ounces of gold. The Company is currently talking to multiple groups about joint venture possibilities. Reese River Project The Reese River silver project occupies a large land position within the northern portion of the Reese River Mining District, also known as the Austin District, in central Nevada. The land package includes the New York Canyon and Amador Canyon areas that experienced considerable historical silver production during the 1880's. In 2009, a 1,900 metre RC drill program was completed to test multiple targets at New York Canyon and Amador Canyon, including 533 metres of core drilling at New York Canyon. Highlights of the drill program include 84.7 g/t silver over 4.6 metres within a 13.7 metre intercept of 36.8 g/t silver at New York Canyon and the discovery of a previously unknown zone of potentially important silver mineralization hosted within a favourable alteration zone at Amador Canyon. Joint venture partner, International Minerals Corp., can earn 60% interest by spending US$1.0M and 70% by completing a Bankable Feasibility Study. East Walker Project The property covers an attractive precious metal target within the Walker Lane mineral belt, 20 kilometers west of the past producing Borealis gold mine in the State of Nevada. The company has an agreement with Gryphon Gold Corporation to acquire up to 65% interest in the project. New Dimension's technical staff believes the property could host important gold mineralization. Historic production from the nearby Borealis Mine was reportedly 600,000 ounces of gold. Beginning in June of 2008, New Dimension will has initiated the permitting requirements necessary to conduct a preliminary drill program. Trend Project The Trend Project is located immediately south of the Barrick Gold - Kennecott Cortez Joint Venture (with published resources in excess of 30 million ounces of gold). In management's opinion, Trend shares many favourable geological characteristics with the Cortez JV deposits. Most notably, the Cortez Fault, which is recognized as a primary control for the deposits, crosses the central part of the Trend property. The property consists of 19 claims covering strategic ground within the trend. Drilling by previous joint venture partners shows strong evidence of large hydrothermal system. The Company is currently seeking a joint venture partner for the next phase of work. 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, Rolling Rock Resources Corp., 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. |
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