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New Dimension Resources Ltd.
Summary
| Project: | Domain | |
|---|---|---|
| Deposit: | Domain | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 6/13/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 13-6-2017: New Dimension Resources Ltd. announces an Exploration/Drilling Update report for its Domain deposit at the Domain project. Drilling results incl. 7m @ 4.52g/t Au from 346m. New Dimension Resources Ltd. (TSXV: NDR) (the “Company” or “New Dimensi | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Fred Hewett (Internal) | |
| ABSTRACT: | New Dimension Resources Ltd. (TSXV: NDR) (the “Company” or “New Dimension”) announces that it has received assay results from the recent drill program conducted by Yamana Gold Inc., their joint venture partner (operator) on the Domain gold project. The Domain gold project is located in northeastern Manitoba, approximately 210 kilometres southeast of Thompson and hosts multiple shear hosted lode gold occurrences in spatial proximity to banded iron terrains, and is considered very geologically attractive for discovery. The 2017 winter diamond drill program consisted of four diamond drill holes totaling 1,386 metres (“m”) of NQ sized core. The first two holes of the program, YG-17-41 and YG-17-42 focused on the down-dip and northwest strike extension of historical high-grade mineralization respectively. Similar to the main mineralized zone, anomalous gold values in YG-17-43 and YG-17-44 are associated with magnetite-rich mudstones with late structural features such as faults and shear zones, elevated sulphide mineralization and silica flooding in areas with large, pervasive biotite alteration halos. These two “step out” holes tested HLEM anomalies over 400 metres to the west of the Main Zone further indicating that drill testing these targets produces a high success rate. Throughout the property multiple targets of similar or greater magnitude have been identified that remain untested | |
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