New Dimension Resources wishes to announce that in an effort to conserve its capital and subject to regulatory approval, it has agreed to settle $512,721.92 of outstanding indebtedness to current and former insiders of the Company with the issuance of 8,545,365 common shares of the Company at a deemed price of $0.06 per share. All proposed shares [...]
New Dimension Resources Ltd. is pleased to announce the completion of its previously announced non-brokered private placement, for proceeds of $3,624,992, with a lead order from Palisades Goldcorp Ltd. The Company had anticipated a placement of 60,000,000 units for gross proceeds of $3,600,000, however, the Company has successfully completed the [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
