New Dimension Resources Ltd. is pleased to announce that it has now cemented its diversification strategy by executing an option and purchase agreement with EMX Royalty Corporation for the acquisition of 100% interests in the Southern Gold Line Project in central Sweden, and the Løkken and Kjøli copper-zinc-gold projects in central Norway. The Southern Gold Line project consists of a group of licences adjacent to Dragon [...]
New Dimension Resources Ltd. is pleased to announce: Commencement of a Private Placement financing for gross proceeds of up to a maximum of $3,700,000, with a lead order from Palisades Goldcorp Ltd. and significant participation by management. Proceeds will assist with advancing the Company's existing Canadian gold portfolio and the acquisition and advancement of new high-grade gold and base metal projects in favourable [...]
New Dimension Resources Ltd. announces that, due to the impact on normal working conditions and other restrictions caused by the COVID-19 pandemic, and pursuant to the blanket relief granted by the Canadian Securities Administrators, the Company will not file its quarterly financial statements for the period ending February 29, 2020, and the related Management Discussion and Analysis , as would otherwise be required by [...]
New Dimension Resources Ltd. is pleased to announce that it has successfully completed its earn-in to a 100% interest in the Savant Lake high-grade gold project in northwestern Ontario. The Savant Lake project covers 20,270Ha of underexplored but highly prospective Archean stratigraphy for the discovery of both high-grade, iron formation-hosted gold deposits, and base metal-rich massive sulfide deposits. Seven priority [...]
Austral Gold Limited and New Dimension Resources Ltd. are pleased to announce that they have entered into an agreement for Austral to purchase an 80% interest in New Dimension's Sierra Blanca gold-silver project in Santa Cruz Province, Argentina for US$800,000 in cash and work commitments, with a 'follow-on' option to purchase the remaining 20% interest for an additional US$2,300,000 in cash and work commitments as [...]
New Dimension Resources Ltd. notes Yamana Gold Inc.'s recent announcement in which it provides an update for exploration activities on its pipeline of highly-prospective gold projects, including the Domain Joint Venture in Manitoba. The Domain JV is held 70.4% by Yamana and 29.6% by New Dimension, with Yamana being the Project Operator. The Domain JV claims total 576 hectares and cover an area in which 62 holes / 9,660m [...]
New Dimension Resources Ltd. is pleased to provide an update on ongoing exploration activities at its recently-expanded Savant Lake gold project in northwestern Ontario, and the high-grade Sierra Blanca silver-gold project in Santa Cruz province, Argentina. Recent activities at both projects have focused on completing drill target generation programs, with seven broad priority target areas having been delineated at Savant [...]
TSX-V: NDR New Dimension Resources Ltd. is pleased to report that 92% gold recoveries have been returned from preliminary bottle roll leach tests performed on two high-grade, composite drill core samples from the Calandria Norte and Morena vein/breccia zones at the Las Calandrias Project . The leach tests were performed in Parksville, British Columbia by Blue Coast Research , with the main objectives of i) confirming the [...]
New Dimension Resources Ltd. is pleased to announce that it has staked a total of 2,679 Ha of new exploration claims covering interpreted extensions to known high-grade gold and base metal targets in the Savant Lake project area, Ontario. This staking program includes three contiguous blocks of claims located immediately adjacent to New Dimension's existing 20,270 Ha Savant Lake project, in addition to a fourth block of [...]
New Dimension Resources Ltd. is pleased to report first assays from an exploration trenching program being undertaken at its 100%-owned Los Cisnes gold-silver project in Santa Cruz Province, Argentina . This first-pass program consists of 8 trenches and has focused on providing a more detailed evaluation of the newly-discovered, high-grade gold-silver vein/breccia systems at Bagual and Potranca. Assay results from the [...]
New Dimension Resources Ltd. announces the completion of its previously announced private placement of 13,374,100 units at $0.055. Gross proceeds of $735,575 will be used for exploration activities and general working capital. The units are comprised of one common share and one half of one share purchase warrant each whole warrant enabling the holder to acquire one additional common share at $0.125 during the first 18 [...]
New Dimension Resources Ltd. is pleased to provide the following update on its ongoing exploration activities at its 100%-owned Sierra Blanca and Los Cisnes gold-silver projects in Santa Cruz Province, Argentina. Highlights Recent field mapping/sampling programs at both the Sierra Blanca and Los Cisnes Projects have successfully resulted in the discovery of three new high-grade gold-silver epithermal vein zones –Tranquilo [...]
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