New Dimension Resources Ltd.

New Dimension Resources Ltd.

October 24, 2007 08:30 ET

New Dimension Finds New Gold Zone at Reese River Project, Nevada

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Oct. 24, 2007) - New Dimension Resources Ltd. ("New Dimension") (TSX VENTURE:NDR) is pleased to announce that it has discovered a potentially significant gold zone at its Reese River Project located near Austin, Nevada. Two rock chip samples, each one metre in length, were taken from separate outcrops in the Amador Canyon portion of the property and reported assays of 9.8 g/t gold and 4.8 g/t gold. This is the first time that significant gold values have been encountered on the Reese River claims. The new gold zone is several hundred metres east of the Amador Canyon silver occurrences and represents a new exploration target at Reese River.

The Company will conduct additional work immediately, including hand trenching and soil sampling to better define the extent of this mineralization. It is important to note that the two small outcrops that reported these significant gold values were approximately 70 metres apart and were the only rock exposures within the area.

Confirmation of Known Silver Mineralization

The Reese River Project comprises the Amador Canyon and New York Canyon zones, with Amador Canyon situated approximately two kilometres to the northwest of New York Canyon. Prior exploration conducted by the Company has focused on silver occurrences with at least two styles of silver mineralization being identified at Amador Canyon. One style is related to shallow-dipping shear zones on bedding planes that had limited drilling by another company in 2004. Historical results from one of these drill holes included 12.2 metres (drill width) of 286 g/t silver. A second style of mineralization is related to the regional, easterly trending Amador Fault that extends approximately 1,000 metres into Amador Canyon. Both styles of mineralization saw significant historical mining activity as evidenced by numerous large mine dumps. The Company believes that the Amador Fault was an important feeder for these historical mines and is designing a drill program that will test its potential to host a significant silver deposit. This target has never been drilled.

At New York Canyon, 89 additional rock samples have been collected by the Company to further evaluate the extent of silver mineralization within a 1,300 metre by 400 metre north-westerly elongated altered target zone. All samples taken reported anomalous silver values with 21 samples assaying over 100 g/t and averaging 254 g/t silver. The samples were a combination of one to two metre rock chips and representative grab sampling of mine dumps. This work supports previous exploration conducted by the Company where 39 one to three metre rock chip samples averaged 60 g/t silver and 10 grab samples from mine dumps averaged 160 g/t silver. This average did not include a high value of 1,829 g/t silver. The Company is designing a drill program to explore areas where known feeder structures are projected down dip through this potentially important altered zone. This target has never been drill tested and management considers that it has the potential to host a significant silver deposit.

The Company expects to finalize its exploration plans for both New York and Amador Canyons and submit a Plan of Operation to the U.S. Forest Service by the end of October. The majority of drilling at New York Canyon will be conducted on patented mining claims, which will significantly decrease the permitting requirements for the project.

Exploration on the project is under the supervision of Thomas Burkhart, the Company's Vice President Exploration, and a Qualified Person under NI 43-101. Sample preparation and analytical work for the Company's rock sampling programs are carried out by American Assay Laboratories Inc., located in Sparks, Nevada. Rock samples are crushed and pulverized utilizing industry-standard sample preparation methods. 30 gram pulp charges are utilized for analysis. Gold is analysed by fire assay with an A.A. finish. Silver and other elements are analysed by ICP methods. The Company maintains a quality control program consistent with industry-standards.

Historic exploration data was collected before the introduction of NI 43-101, and is presented for information purposes only. Investors are cautioned that recent independent verification has not been completed and the historical data should not be relied upon.

About New Dimension Resources

New Dimension Resources Ltd. is engaged in the acquisition, exploration and development of quality exploration opportunities throughout the Americas. Currently, the Company's exploration activities are focused on mineral properties situated in Nevada and Peru. In Nevada, the company anticipates late fall/winter drill programs on two of its gold-silver properties, while further exploration programs are planned for the Company's Peruvian projects.



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.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this press release.

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