Title Confirmations at Cenepa Gold Project

 

VANCOUVER - New Dimension Resources Ltd. reported on the Cenepa gold project, which covers one of the most attractive geological terrains in northern Peru: adjacent to the Kinross Gold Corp. Condor Project and Fruta Del Norte gold deposit in Ecuador.

The Company has been advised by its Peruvian legal council that title confirmation has been received on two additional Cenepa concessions. Minera NDR Peru S.A.C. now holds title to six key concessions with title for the remaining four concessions anticipated shortly. The company expects to initiate exploration activities on the property in early 2010 and is currently assessing the area logistics and property geology for its initial program.

"I am very pleased with our success in obtaining key concessions within the Cordillera Del Condor gold district in Northern Peru", said Fred Hewett, President and CEO of New Dimension. "Management believes that its land position, bordering the Kinross Fruta Del Norte deposit in Ecuador and only five kilometres from one of their significant gold occurrences, is one of the most promising for discovery of mineralization on trend and proximal to their Condor Project. New Dimension looks forward to advancing the Cenepa Project and to an exciting 2010 exploration season."

The Cenepa Project is comprised of ten mining concessions totaling approximately 9,000 hectares in northern Peru along its border with Ecuador. The concessions, staked by NDR Peru in 2006, cover the projection of a 20 kilometre long north-south trending mineral belt that includes Kinross' Condor Project and the Fruta Del Norte gold discovery.

The company’s address is Suite 860 - 625 Howe Street, Vancouver BC V6C 2T6, (604) 687-7545, fax: (604) 689-5041, email: [email protected].