New Dimension Resources Ltd. ("New Dimension") (TSX VENTURE:NDR), has arranged a
non-brokered private placement of 1,750,000 flow-through common shares (the
"Flow-Through Shares") of New Dimension at a price of $0.20 per Flow-Through
Share and 7,000,000 units (the "Units") at a price of $0.15 per Unit for total
gross proceeds to New Dimension of $1,400,000. Each Unit consists of one common
share of New Dimension plus one half of one transferable common share purchase
warrant with each whole purchase warrant exercisable into a common share at a
price of $0.25 for a period of 24 months from closing. Each warrant will be
subjected to an accelerated exercise provision if the share price of New
Dimension trades at or above $0.75 for 10 or more consecutive trading days.


New Dimension shall pay a finders' fee in respect of purchasers of securities
introduced to the Company by the Finder. The finders' fee will comprise 7% of
the aggregate amount paid by purchasers, to be paid 3.5% cash and 3.5% in Units
of the Company having the same terms as the Offered Units. The Finder may also
receive broker warrants (the "Broker Warrants") equal to 7% of the Units issued
pursuant to this Offering. The Broker Warrants will be exercisable into common
shares at a price of $0.25 per Broker Warrant for a period of 24 months from
closing.


Net proceeds of this private placement will be used for drill programs at the
Company's Domain Project in Canada and Reese River Projects in Nevada, to fund
other existing exploration programs in Nevada and Peru, for new acquisitions and
for general working capital.


The private placement is subject to, among other things, receipt by New
Dimension of all necessary regulatory approvals, including the approval of the
TSX Venture Exchange.


New Dimension continues to explore its projects in Canada, Nevada and Peru while
pursuing other attractive exploration opportunities in the Americas.


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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