New Dimension Resources Ltd. (TSX VENTURE:NDR) (the "Company" or "New
Dimension") is pleased to report that it has executed a binding option agreement
(the "Agreement") with Strategic Metals Ltd., ("Strategic Metals") to earn up to
a 100% interest in Strategic Metals' Lancing Property ("the Property") located
within the prospective Tintina Gold Belt in central Yukon. 


The Lancing Property: 

The Lancing Project is comprised of 11 claim blocks (410 claims covering about
1,900 hectares) located 40 to 140 kilometres south of ATAC Resources' large Rau
gold property. 


The claims cover areas anomalous in any or all of gold, silver, copper, lead,
zinc, antimony, bismuth and arsenic, as defined by regional GSC stream-sediment
surveys. 


Additional exploration has been conducted on two specific claim blocks referred
to as Husky and Lorne: 




--  The Husky claim block, located in the southern part of the project area,
    hosts three mineralized zones with grab samples grading up to 3.3 g/t
    gold and 127 g/t silver (+ anomalous lead, antimony, arsenic, bismuth,
    zinc and copper: 

--  The Lorne claim block, located in the northern area, hosts a significant
    number of soil samples (collected in 2010) with values that are
    moderately to strongly anomalous in gold, silver, molybdenum and
    bismuth.  



Exploration will commence in conjunction with the Company's Gild gold
exploration program, which is also a venture with Strategic Metals in the Yukon
(see additional information below and in the Company's news release dated
November 3, 2010). 


Please click on the link below to view the location of the Lancing Property: 
http://www.newdimensionresources.com/i/maps/lancing/2011-03-02_Lansing_Project_Area2.jpg


The Agreement:

New Dimension can earn an initial 50% property interest by spending $1.8 million
in exploration expenditures and making payments totaling $450,000 in cash or
stock to Strategic Metals over a three year period. The Company can also earn an
additional 50% (aggregate 100% property interest), by paying Strategic Metals $3
million over the following 3 years. Upon NDR earning 100%, Strategic Metals
would retain a 2% net smelter returns (NSR) production royalty on precious
metals and a 1% NSR production royalty on non-precious metals. 


The Agreement is subject to regulatory approval, including approval of the TSX
Venture Exchange.


About New Dimension Resources:

New Dimension is engaged in the acquisition, exploration and development of
quality mineral resource properties throughout the Americas with a focus on
significant bulk tonnage gold and silver deposits. In addition to its 100% owned
Cenepa gold project in northern Peru.


New Dimension has an option to earn a 100% interest in Strategic Metals' Gild
gold property within a geological belt that the Company & Strategic Metals
believes has similar characteristics to discoveries by ATAC Resources Ltd. in
the Yukon (http://media3.marketwire.com/docs/ndr-gild.pdf). Drilling on the ATAC
Property has returned significant gold values, as demonstrated by announced
intercepts of 9.25 g/t gold over 31.1 metres and 24.07 g/t gold over 28.4 metres
from over 25,000 metres of diamond drilling in excess of 130 holes. An initial
exploration program is planned by the Company as soon as spring weather
conditions allow. Subject to favourable results from this initial program and
the receipt of all necessary permits, a drill program is likely to be carried
out in the fall of 2011. 


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 statements of belief of similarity of geological
characteristics or features, statements of unverified drilling and sampling
results and expectations of receipt of permits and plans for future work.
Forward-looking statements involve 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, unexpected geological
factors, exploration results, results of verification work and unanticipated
regulatory obstacles. See New Dimension's filings for a more detailed discussion
of factors that may impact expected results.


This news release does not constitute an offer to sell or solicitation of an
offer to sell any securities in the United States. The securities have not been
and will not be registered under the United States Securities Act of 1933, as
amended (the "U.S. Securities Act") or any state securities laws and may not be
offered or sold within the United States or to U.S. Persons unless registered
under the U.S. Securities Act and applicable state securities laws or an
exemption from such registration is available.
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