NWT NWT Uranium Corp.

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. (TSX VENTURE:SMD) ("Strategic
Metals") to earn up to a 100% interest in Strategic Metals' Gild gold property
("the Property"). The Property is located within a geological belt that the
Company & Strategic Metals believes has the same characteristics as recent
discoveries by ATAC Resources Ltd. ("ATAC") in the Yukon,which ATAC have named
the Rackla (Rau) Gold Belt (please click to view map:
http://media3.marketwire.com/docs/ndr-gild.pdf).


"New Dimension is very pleased to join forces with Strategic Metals an
aggressive exploration company with a significant land package in the Yukon and
Northwest Territories ("NWT")," said Fred Hewett, President & CEO of New
Dimension. "Strategic Metals' association with geological consultants Archer
Cathro has provided New Dimension with an excellent opportunity to gain access
to an area with one of the most promising new mineral discoveries in recent
years. The Gild gold property is an exciting project that gives our shareholders
significant exposure to the mineral potential in this area of Canada and it is
an excellent complement to the Company's Cenepa gold project in northern Peru."


Background:

The 44 square kilometre Gild Property is situated in the NWT approximately 90
kilometres to the east of ATAC's Osiris Target, which is located on ATAC's 1,500
square kilometre Rau gold property in central Yukon. ATAC's exploration success
on the Rau Property includes announced drill intercepts of 9.26 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 over 130 holes. New Dimension and Strategic Metals believe
the Gild gold property shares many of the same geological features (tectonic
setting, host rocks, faulting and associated metals) as the Tiger Zone on the
Rau Property. 


The Gild Property:

The Gild Property was staked by Strategic Metals as a result of their search for
projects hosting similar geological characteristics to ATAC's Rau discoveries.
An assessment report filed with DIAND describes surface rock chip sampling
carried out on what is now the Gild property in 1973, which returned significant
gold, lead and zinc values. Readers are cautioned that the values described are
not NI 43-101 compliant and have not been verified by Strategic Metals or the
Company. Four of twelve chip channel samples described in the referenced
assessment report were gold rich with values reported as follows:




--  11.5 feet (3.5 metres) of 0.28 oz/t (9.65 g/t) gold; 
--  8.0 feet (2.4 metres) of 0.38 oz/t (13.10 g/t) gold; 
--  19.0 feet (5.8 metres) of 0.18 oz/t (6.21 g/t) gold; and 
--  8.7 feet (2.7 metres) of 0.16 oz/t (5.52 g/t) gold. 



Some of the samples taken from the mineralized zone also returned significant
values in lead and zinc. All of the mineralized samples were taken along a
structure reportedly developed within dolomites forming the footwall of a major
thrust fault. The horizontal distance between the 0.16 oz/t gold and 0.28 oz/t
gold samples is reported as 1,600 feet (487.7 metres).


An initial exploration program is scheduled to be carried out by the Company on
the Property as soon as spring weather conditions allow. Favourable results,
subject to the receipt of all necessary permits, could result in a drill program
in the fall of 2011. 


The Agreement:

New Dimension can earn an initial 50% property interest by spending $3.5 million
in exploration expenditures and making payments totaling $600,000 to Strategic
Metals over a four year period. Of the $600,000, up to $250,000 in value can be
issued in the Company's stock at the election of the Company.


The Company can also elect to earn an additional 15% (aggregate 65% property
interest), by spending $15 million (total exploration to date), by issuing to
Strategic Metals 19.9% of the outstanding shares of NDR, and by completing a
pre-feasibility study. The Company can then elect to earn a further 35%
(aggregate 100% interest) by making a decision to commence the construction of a
mine within 12 years from the signing of the agreement and by maintaining
Strategic Metals' equity interest in the Company. Upon NDR earning 100%,
Strategic Metals would retain a 2.5% net smelter return (NSR) production royalty
and receive certain minimum advance royalties prior to production commencing. 


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


About New Dimension Resources Ltd.:

New Dimension is engaged in the acquisition, exploration and development of
quality mineral resource properties throughout the Americas with a focus on
potentially significant bulk tonnage gold and silver deposits. The Company's
exploration activities are presently focused on its Cenepa gold project, which
covers one of the most attractive geological terrains within the highly
prospective Cordillera del Condor mineral belt in northern Peru and southern
Ecuador (please click to view map:
http://media3.marketwire.com/docs/ndr-cenepa.jpg). This belt is host to Kinross
Gold's FDN deposit, a NI 43-101 compliant Inferred Mineral Resource consisting
of 58.9 million tonnes grading 7.2 g/t gold and 11.8 g/t silver and containing
13.7 million ounces of gold and 22.4 million ounces of silver, respectively. 


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. The Company cautions that ATAC's results at
the Rau Property are not necessarily indicative of possible future results on
the Gild Property. 


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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