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New Dimension Resources Ltd.
Summary
| Project: | Los Cisnes | |
|---|---|---|
| Deposit: | Los Cisnes | |
| Location: | Argentina | |
| Commodities: | Gold-Silver | |
| Date: | 7/26/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 26-7-2018: New Dimension Resources Ltd. announces an Exploration/Drilling Update report for its Los Cisnes deposit at the Los Cisnes project. Drilling results incl. 4.4m @ 566g/t Ag, 0.31g/t Au from 100.3m. July 26th, 2018 – Vancouver, BC - New Dimension | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Eric Roth (Internal) | |
| ABSTRACT: | July 26th, 2018 – Vancouver, BC - New Dimension Resources Ltd. (TSXV: NDR) (the “Company” or “New Dimension”) is pleased to announce that the Phase I diamond drill program targeting high-grade silver(- gold) mineralization at the Los Cisnes Project (Figure 1) has now been completed. This represents the first drill program to be undertaken by New Dimension since the acquisition of the Santa Cruz Portfolio of 3 advanced-stage gold-silver projects from Sandstorm Gold Ltd (TSX: SSL, NYSE: SAND) in May, 2018. Eric Roth, New Dimension’s CEO, commented today: “I am delighted to be reporting the first assays from our Phase I Santa Cruz Diamond Drill Program. These initial results have confirmed extensions to the known high-grade silver mineralization at our Los Cisnes Project, especially in the vicinity of the scout drill hole LCsD-09 completed by Mariana in 2015. Results from our step-back hole LCsD-14 - a 60m down-dip extension of the LCsD-09 mineralization - are particularly significant, as it includes a very high-grade interval assaying 0.8m @ 1,653 g/t Ag. No drilling has been completed beneath this level, so potential still exists for extending this high-grade silver mineralization to >60m vertically below surface.” | |
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