New Dimension Resources Ltd. (TSX VENTURE:NDR) ("New Dimension" or "the
"Company") is pleased to announce assay results from its initial core drilling
program at the Mars copper-gold porphyry project ("the Property"), located in
south-central Yukon. Highlights from the two hole drill program include two
intersections in hole Mars-11-02 returning:




--  23.07 metres of 0.27 g/t gold and 0.16% copper; and 
--  14.75 metres of 0.17 g/t gold and 0.25% copper. 



"We are encouraged with the results from this initial drill test of the porphyry
target on the Mars Project," said Fred Hewett, President & CEO of New Dimension.
"The drill results provide evidence that the Mars Property has the potential to
host a large copper-gold rich porphyry system and further exploration is
warranted to ascertain the project's ultimate potential."


Program Summary

The Mars Property hosts a significant porphyry target that has seen limited
previous exploration. In September 2011, two core holes totaling 637.03 metres
in length were drilled by the Company 800 metres apart along the margin of the
mineralized porphyry system to test a significant airborne geophysical target
that coincides with a high gold copper soil anomaly within a 3,000 by 1,000
metre area. Both holes intersected significant widths of altered intrusive rock
types hosting varied amounts of magnetite, pyrite, chalcopyrite and molybdenite.
The most significant mineralized intervals were intersected near the bottom of
hole Mars-11-02; which ended before it could reach full target depth as the
water supply froze and prematurely terminated the program for the season.
Although the intervals are relatively short, the mineralized grades are within
the reported values of other gold rich alkalic copper-molybdenum porphyry
deposits located in British Columbia such as Mount Milligan, Mount Polly and
Copper Mountain. 


The drill is presently stored on the Property and further drilling is warranted
as neither holes completed in 2011 tested the entire width of the geochemical
and geophysical anomaly. Future drilling should include deepening Mars-11-02
with additional diamond drill holes testing for gold-copper porphyry
mineralization elsewhere within the geochemically and geophysically anomalous
area. Drill holes should also be considered to evaluate for the potential of
high grade gold mineralization, which was previously discovered on the Property
by an earlier operator. That hole identified a significant interval of 4.57
metres grading 6.435 g/t gold in a zone of magnetite and pyrite bearing quartz
veins that coincides with a moderately high magnetic anomaly. This high grade
gold target is located 2,000 metres east of Mars-11-02.


Drill Results



----------------------------------------------------------------------------
                From        To    Length        Au       Cu       Ag      Mo
Hole        (metres)  (metres)  (metres)     (g/t)      (%)    (g/t)     (%)
----------------------------------------------------------------------------
Mars-11-01               no economic mineralization to report               
----------------------------------------------------------------------------
                                                                            
----------------------------------------------------------------------------
Mars-11-02    179.83    202.90     23.07      0.27     0.16     1.22   0.028
----------------------------------------------------------------------------
              224.23    238.98     14.75      0.17     0.25     2.03   0.028
----------------------------------------------------------------------------



Click on the following link to view the drill plan:
http://www.newdimensionresources.com/i/maps/mars/2012-01-11_Mars_Property_Plan.pdf

Click on the following link to view the cross section of Mars-11-02:
http://www.newdimensionresources.com/i/maps/mars/2012-01-11_Mars_Property_Section_A_to_A'.pdf#zoom=60


New Dimension has an option to earn a 100% interest in the Property from
Strategic Metals Ltd. ("Strategic"). For details of the agreement please see the
Company's press release dated September 7, 2011.


Property Geology

The 19.4 square kilometre Mars Property is located 65 km northeast of Whitehorse
in the Whitehorse Mining District and covers a portion of the Teslin Crossing
Pluton, a geological terrane known to host economic porphyry deposits. The
pluton is an 8,500 metre by 7,000 metre, zoned, silica saturated
pyroxenite-associated alkalic syenite with a geochemical signature comparable
with known copper-gold alkalic porphyry deposits. The age of emplacement of this
pluton is dated at 176-186 Ma, which is identical to that of the Mt. Milligan
alkalic porphyry system, located in north-central British Columbia. Mt. Milligan
hosts proven and probable reserves of 482 Mt grading 0.20% copper and 0.39 g/t
gold (Terrane Metals Corp. NI 43-101 Technical Report October 2009) and is
currently being developed by Thompson Creek Metals Company Inc. as a large open
pit mine.


Sampling and QA/QC

New Dimension's drill program was supervised by Archer, Cathero & Associates
(1981) Limited. The program followed rigorous sample handling and analytical
procedures in regards to core from the Mars Property. Core samples were
processed in 36 sample batches with each batch including two assay standards,
two blank samples, and one duplicate sample. Analytical work was done by ALS
Chemex with sample preparation in Whitehorse and assays and geochemical analyses
in North Vancouver. All core samples were initially analyzed for gold by fire
assay fusion followed by atomic absorption spectroscopy (Au-AA26) and for 51
other elements by aqua regia digestion followed by inductively coupled plasma
combined with mass spectroscopy or atomic emission spectroscopy (ME-MS41). The
average grades reported for gold, copper, silver and molybdenum in this news
release are calculated from the assay results. All standard, blank and duplicate
samples passed QA/QC reviews.


The information in this news release has been prepared in accordance with
Canadian regulatory requirements set out in National Instrument 43-101 and
reviewed by Fred Hewett the Company's President & CEO, a director and a
Qualified Person under NI 43-101.


About New Dimension Resources Ltd.

New Dimension has an option to earn up at a 100% interest in Mars and 12 other
properties located in Yukon from Strategic. The properties were staked or
purchased by Strategic following an extensive review of a geological database
compiled by Archer, Cathro & Associates (1981) Limited ("Archer Cathro"), an
independent consulting group with extensive exploration experience in Yukon. New
Dimension also holds several other attractive exploration properties in Canada
and Peru.


Also in Canada, New Dimension holds a 35% interest in the Domain gold project
located in northern Manitoba. Since 2006, three drill programs have been
completed on the property returning encouraging results highlighted by 18.05
metres of 4.61 g/t gold. 


In northern Peru, the Company's Cenepa's gold project covers one of the most
attractive geological terrains within the highly prospective Cordillera del
Condor mineral belt; adjacent to Kinross Gold Corp.'s Condor Project and Fruta
del Norte gold deposit in Ecuador. 


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.
New Dimension Resources (TSXV:NDR)
Historical Stock Chart
From Jun 2024 to Jul 2024 Click Here for more New Dimension Resources Charts.
New Dimension Resources (TSXV:NDR)
Historical Stock Chart
From Jul 2023 to Jul 2024 Click Here for more New Dimension Resources Charts.