New Dimension Resources Ltd.

New Dimension Resources Ltd.

February 29, 2008 13:37 ET

New Dimension Returns GV3 Gold-Silver Project

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Feb. 29, 2008) - New Dimension Resources Ltd. ("New Dimension") (TSX VENTURE:NDR) has received assay results from the two diamond drill holes drilled on the GV3 gold-silver property located in the Walker Lane mineral belt of western Nevada. This program was designed as a preliminary test to determine the depth extent and continuity of surface mineralization hosted within a large structural zone that reported rock channel sample values from trace to 1,275 g/t silver and trace to 3.50 g/t gold.

Although drilling identified significant thicknesses of anomalous gold and narrow zones of anomalous silver the only significant intercept was a 1.5 metre zone assaying 0.49 g/t gold and 277 g/t silver. Although geologically interesting, this higher grade silver zone showed limited tonnage potential and the Company has elected to return the property to the vendors.

Exploration on the GV3 Project was carried out under the supervision of Thomas Burkhart, the Company's Vice President Exploration and Director and a Qualified Person under NI 43-101. The Company maintains a quality control program consistent with industry standards. Sample preparation and analytical work for the GV3 core drilling program was carried out by American Assay Laboratories Inc., located in Sparks, Nevada.

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 Peru and Nevada, with a drill program scheduled to commence shortly on the Blackrock Project in Nevada.



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.

Contact Information

  • New Dimension Resources Ltd.
    Fred Hewett
    (604) 687-7545 or 1-888-338-2200
    New Dimension Resources Ltd.
    Brad Kopp
    Manager, Corporate Development
    (604) 687-7545 or 1-888-338-2200
    (604) 689-5041 (FAX)