New Dimension Announces that Drilling at Domain Project Extends Strike Length of B Zone
November 17 2008 - 7:30AM
Marketwired Canada
New Dimension Resources Ltd. ("New Dimension" or the "Company") (TSX
VENTURE:NDR) is pleased to report that Rolling Rock Resources Corp. ("Rolling
Rock") (TSX VENTURE:RLL) recently completed a third phase of drilling on the
Domain gold project located in northern Manitoba.
The program 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.
The recent drill program consisted of 2,420 metres of diamond drilling in 13
drill holes. Five of these holes were positioned along strike to the northwest
of previous drilling, which was highlighted by previous drill hole RR-08-20
reporting 4.6 g/t gold over 15.2 metres. The five drill holes that extend the
strike length of mineralization beyond RR-08-20 are noted as follows:
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Hole From (m) To (m) Interval (m) Gold (g/t) Notes
---------------------------------------------------------------------------
RR-08-30 69.5 72.2 2.7 1.3
78.6 80.2 1.6 1.6
84.0 85.1 1.1 1.2
92.5 95.0 2.5 2.4
---------------------------------------------------------------------------
RR-08-31 41.0 42.0 6.8 1.0
48.0 49.0 2.6 1.0
---------------------------------------------------------------------------
RR-08-32 110.0 111.5 1.5 2.4 Intersection
122.0 126.0 4.0 1.8 approximately 150 m
Including 125.0 126.0 1.0 5.5 northwest of RR-08-20
---------------------------------------------------------------------------
RR-08-33 148.0 149.0 1.0 2.6
---------------------------------------------------------------------------
RR-08-38 191.5 194.1 2.6 2.0
204.5 206.3 1.8 4.1
---------------------------------------------------------------------------
The eight holes listed below represent step-out and confirmation drilling of
known mineralization within a portion of the previously defined B Zone
structure:
---------------------------------------------------------------------------
Hole From (m) To (m) Interval (m) Gold (g/t) Notes
---------------------------------------------------------------------------
RR-08-28 168.5 188.5 20.0 2.0 Intersection
Including 182.5 187.0 4.5 4.3 approximately 75 m
or 182.5 184.0 1.5 8.0 down dip from
RR-08-20
---------------------------------------------------------------------------
RR-08-29 106.5 109.5 3.0 1.0
Including 107.5 108.5 1.0 1.8
142.5 144.0 1.5 2.0
---------------------------------------------------------------------------
RR-08-34 127.5 128.5 1.0 1.7
135.5 136.5 1.0 1.2
---------------------------------------------------------------------------
RR-08-35 104.0 105.0 1.0 1.3
107.0 109.2 2.2 1.9
---------------------------------------------------------------------------
RR-08-36 52.3 55.0 2.7 2.6
---------------------------------------------------------------------------
RR-08-37 43.4 46.9 3.5 2.0 Intersection
Including 44.4 45.4 1.0 5.6 approximately 75 m
up dip from RR-08-20
---------------------------------------------------------------------------
RR-08-39 140.0 141.0 1.0 2.9
148.0 149.0 1.0 4.7
158.0 159.0 1.0 3.7
---------------------------------------------------------------------------
RR-08-40 212.0 213.1 1.1 3.0
---------------------------------------------------------------------------
(It is estimated by Rolling Rock that true widths are less than the reported
intercept lengths).
A map of the drill hole locations has been posted on New Dimension's website and
can be viewed at: http://www.newdimensionresources.com/s/Domain_Gallery.asp.
Mineralization on the Domain Project is associated with northwest-trending,
steeply southwest-dipping, siliceous, sulphide-bearing, shear zones with some
drill holes intersecting two or three separate intervals of mineralization.
Drill holes within the shears commonly contain visible gold. Results from this
program have established that the gold values of the B Zone continue up and down
dip from previously known intercepts and the target structures continue on
strike to the northwest and remain open.
While the B Zone is currently the highest priority target on the Domain
property, there are multiple geophysical targets that remain that have seen
little or no drilling. For example, the A Zone located 100 metres to the
northwest of the B Zone returned values of 5.40 g/t gold over 4.11 metres, 5.02
g/t gold over 2.90 metres and 12.59 g/t gold over 1.32 metres from historical
drilling.
The Domain property totals 14,000 hectares and is situated in northern Manitoba
within the Gods Lake Greenstone Belt. Several significant precious metal
properties occur within the mineralized Belt, including Rolling Rock's Monument
Bay Property, which hosts a NI 43-101 compliant inferred resource of 4.9 million
tonnes grading 6.01 g/t gold. The Domain property logistics are good as the
project is located only 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.
Rolling Rock is the operator of the Domain joint venture and holds a 65%
property interest with New Dimension Resources holding the remaining 35%
interest. The Company contributed its 35% share of the cost of the drilling
program. Rolling Rock is now in the process of creating cross-sections and plans
of the drill intercepts to better understand the parameters of the B Zone and to
formalize recommendations for further work.
Rolling Rock has reported that a quality assurance/quality control program is
part of the drilling program on the Domain Project. This program includes
chain-of-custody protocol as well as systematic submittals of standards,
duplicates and blank samples into the flow of core samples sent to TSL
Laboratories for assay. Rolling Rock's qualified person for the Domain Project
is Sean Butler, P.Geo. Thomas Burkhart, the Company's Vice President of
Exploration and Director, a Qualified Person under NI 43-101, has reviewed the
data in this news release on behalf of New Dimension. 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.
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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