Core Drilling Completed At Reese River Silver Project

 

VANCOUVER, BC - New Dimension Resources Ltd. recently completed two core holes totaling 544 metres at the Company's Reese River Project (the "Property" or "Reese River") in Nevada.

The core drilling program was designed to follow-up an earlier Phase I reverse circulation ("RC") drill program (see NDR Press Release #09-09). The two core holes were positioned approximately 150 meters apart to test an underlying contact zone in the New York Canyon area, which RC drilling was unable to reach due to high water flows restricting penetration.

Both core holes intersected the predicted contact target zone, which showed strong alteration and quartz veining with sulfides, but neither drill hole reported significant silver mineralization.

The project is located near Austin, Nevada, where reported historical silver production from the Austin District exceeded 20 million ounces, with the majority of production coming from bonanza-grade veins.

International Minerals Corporation ("IMZ") can earn a 60% interest in the Reese River by undertaking an aggregate of US$1.0 million in exploration expenditures. IMZ can acquire an additional 10% interest by funding the completion of a feasibility study on the project. The drill program was managed by New Dimension with IMZ funding 100% of its cost.