New Dimension's Domain Project in Manitoba Intersects 4.61 g/t Gold Over 15.25 Metres Including 7.29 g/t Gold Over 9.0 Metres
April 21 2008 - 9:00AM
Marketwired Canada
New Dimension Resources Ltd. (TSX VENTURE:NDR) is pleased to report that joint
venture partner Rolling Rock Resources Corp. (TSX VENTURE:RLL) ("Rolling Rock")
has received assays from the recently completed Phase II drill program
undertaken on the Domain Project in northern Manitoba.
The program consisting of 2,654 metres of diamond drilling in 17 holes was
highly successful. Eight holes were completed on the B Zone with significant
results including 4.61 g/t gold over 15.25 metres (including 7.29 g/t gold over
9.0 metres or 9.96 g/t gold over 6.00 metres) in drill hole RR-08-20; and 4.61
g/t gold over 18.05 metres (including 17.44 g/t gold over 2.65 metres) in drill
hole RR-08-23.
The B Zone is currently defined by drilling over a strike length of 700 metres
and is reflected by strong ground electromagnetic and magnetic geophysical
signatures which continue for a minimum of another 350 metres along strike in a
northwesterly trend. Drill results suggest that gold mineralization in the B
Zone is increasing in width and grade to the northwest with the better gold
values occurring in the westernmost 220 metres. Hole RR-08-20 is the most
north-westerly hole completed on the zone to date and indicates that the B Zone
remains completely open along strike and down dip.
Drill intercepts from the B Zone are listed below:
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From To Interval Gold
Hole (metres) (metres) (metres)(i) (g/t)
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RR-08-19 164.40 168.80 4.40 1.10
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Including 167.80 168.80 1.00 4.25
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182.50 186.21 3.71 4.80
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Including 185.25 186.21 0.96 5.39
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RR-08-20 113.55 128.80 15.25 4.61
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Including 115.50 124.50 9.00 7.29
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Or 118.50 124.50 6.00 9.96
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RR-08-21 143.10 152.15 9.05 5.22
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Including 143.10 145.80 2.70 15.16
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And 151.05 152.15 1.10 4.66
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-----------------------------------------------------
RR-08-22 159.50 167.50 8.00 2.24
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Including 163.50 166.50 3.00 4.78
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RR-08-23 172.95 191.00 18.05 4.61
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Including 179.45 182.10 2.65 17.44
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And 186.33 189.00 2.67 10.43
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RR-08-24 217 221.20 4.20 0.61
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-----------------------------------------------------
RR-08-25 169.10 174 4.90 0.55
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-----------------------------------------------------
RR-08-26 77 80.15 3.15 4.28
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Including 78.50 80.15 1.65 7.40
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196.20 199.29 3.09 3.02
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(i) true thicknesses are estimated to be 75% of drill
intercepts
Drill holes RR-08-11 to RR-08-18 and RR-08-27 were drilled to the southeast on
the B Zone and although they intersected sections of silicification and
mineralization, all returned values of less than 2 grams per tonne gold.
The 2008 winter program was designed to follow up favorable drill results from
previous drilling and to test undrilled projections of known mineralization that
are strongly supported by airborne and ground geophysics.
In addition to the B Zone, the Domain Project covers a multiple number of
geophysical anomalies suggestive of mineralized structures that are untested,
and a number of zones with known gold intercepts that warrant additional
drilling. Of these targets, the most prospective is Anomaly A, located
approximately 100 metres to the north of the B Zone. Anomaly A is a parallel
structure where previous work outlined a 1.8 kilometre long coincidental
magnetic and electromagnetic geophysical conductor. Drilling of a 100 metre
segment of the trend by Canico in the late 1970's and mid 1980's intersected
anomalous gold values in all four holes drilled. Drill results included 4.60
metres of 4.60 g/t gold, and 1.32 metres of 12.59 g/t gold. Historic exploration
data was collected before the introduction of NI 43-101, and is presented for
information purposes only. The Company has no way of verifying the results and
the historical data should not be relied upon.
New Dimension is highly encouraged with the results of the 2008 exploration
program and a significant drill program is warranted to follow up these very
favorable results. Rolling Rock has earned a 51% interest in the Domain Project
and with additional work expenditures they can increase their interest to a
maximum of 65%.
The Domain Property totals 14,000 hectares situated in the Gods Lake greenstone
belt. It is located 15 kilometres east of the community of Oxford House and is
accessible by winter road. Oxford House, with a population of approximately
2,500 people, has good infrastructure, including hydroelectric power and an
all-season airport with daily flights to Winnipeg and Thompson.
The property is host to numerous steeply dipping, northwest trending
gold-bearing structures up to 3.5 kilometres in length and at least 100 metres
in down-dip extension. These structures are associated within silicified zones
containing variable amounts of pyrite, pyrrhotite, magnetite and arsenopyrite
coincident with extensive ground and airborne geophysical anomalies.
Quality control on the Domain Project includes chain-of-custody protocol as well
as systematic submittals of standards, duplicates and blank samples into the
flow of samples produced by drilling. Drill core is sawn into halves with one
half being sent for analysis and the other kept for future reference. All
samples are prepared and assayed by TSL Laboratories, Saskatoon, Saskatchewan.
At TSL, samples were fire assayed using a two assay ton sample. Samples that
assayed greater than 30 grams per tonne gold were submitted for screen analysis.
A technical report in accordance with National Instrument 43-101 standards of
disclosure for mineral properties on the Domain Property authored by J.T.
Shearer, M.Sc, P.Geo dated August 21, 2005 can be viewed on New Dimension
Resources' company pages at www.sedar.com. A map showing the drilling will be
posted shortly on the Company's website.
The Qualified Person for Rolling Rock on this project, who has reviewed the
technical data in this news release, is J.T. Shearer, M.Sc., P.Geo.
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 ore reserve estimates, anticipated production or
results, sales, revenues, costs, or discussions of goals and exploration
results, and involves 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, metal price volatility,
volatility of metals production, project development, ore reserve estimates,
future anticipated reserves and cost engineering estimate risks, geological
factors and exploration results. See the Company's Sedar filings for a more
detailed discussion of factors that may impact expected results.
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