First Assays from Los Cisnes Drilling Extend High-Grade Silver Mineralization; LCsD-14 Intersects 566 g/t Ag over 4.4m (4.1m True Width)
TSX-V: NDR
NEWS RELEASE #18-07
First Assays from Los Cisnes Drilling Extend High-Grade Silver Mineralization;
LCsD-14 Intersects 566 g/t Ag over 4.4m (4.1m True Width)
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.
Highlights
• A total of 16 diamond drill holes for 1,564m were completed at the Los Cisnes Project, which is
located 75km southwest of Yamana Gold Inc’s high-grade Cerro Moro gold-silver mine.
• Assays support both down-dip and along-strike extensions to the high-grade silver mineralization
reported by a previous operator (Mariana Resources Ltd, or “Mariana”)
• Two step-back holes (LCsD-14 and LCsD-18) were drilled to Mariana’s scout drill hole LCsD-09, with
its reported intercept of 2.9m @ 755 g/t Ag from 32.1m downhole (including 0.9m @ 1,400 g/t
Ag1) (Figures 2 & 3). Both New Dimension drill holes successfully intersected down-dip extensions
to the high-grade silver mineralization in LCsD-09:
LCsD-14: 4.4m @ 566 g/t Ag from 100.3m downhole
(60m step-back) Including 1m @ 740 g/t Ag from 102.0 m downhole and 0.8m @ 1,653 g/t
Ag from 103m downhole
LCsD-18: 4.4m @ 123 g/t Ag from 47.6m downhole
(15m step-back) Including 0.8m @ 276 g/t Ag from 49.2m downhole
• Two step-out holes to LCsD-09 (LCsD-20 and LCsD-15), designed to test for lateral extensions to the
previously reported interval of 2.9m @ 755 g/t Ag1, also returned high-grade silver intercepts:
LCsD-20: 2.0m @ 381 g/t Ag from 39.0m downhole
(39m West) Including 0.8m @ 528 g/t Ag from 39.0 m downhole
LCsD-15: (33m E) 1.8m @ 182 g/t Ag from 59.7m downhole
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 6 0m 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.”
Link to figures:
https://newdimensionresources.com/site/assets/news/2018_07_Los_Cisnes_Figures.pdf
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A brief video demonstrating the 3D geometry of the Brio vein/breccia system and the 2018 drill results is
also available at https://vimeo.com/adnet/review/281316337/c2f782cb22
Los Cisnes Project Overview and 2018 Drill Results
High-grade silver( -gold) values were identified at Los Cisnes from previous channel sampling and scout
diamond drilling on the Brio vein/breccia system. Brio is a quartz -sulfide(-Fe-oxide) vein/breccia system
which strikes ENE, can be traced on surface for approximately 2.3km, and is up to 3m wide. In 2015, 8 scout
diamond drill holes for 723m were completed along the Brio structure, with the best intercept being 2.9m
@ 755 g/t Ag from 32.1m downhole in LCsD-091.
Summaries of the assay results received and technical data for the 2018 Los Cisnes drill holes are given in
Tables 1 and 2, respectively. Mineralized intercepts at Brio are defined by quartz-Fe-oxide(-pyrite-acanthite
or Ag2S)-style mineralization in a subvertical vein/vein breccia system (Figure 4 ). A potential N -S cross
structure to the main Brio structure (and identified from ground magnetic data) in the LCsD-9 area will also
now be reviewed in further detail as this may also represent a significant new target for further exploration
at Los Cisnes. Host rocks to the Los Cisnes mineralization are dominated by an upper sequence of welded
ignimbrites and a lower sequence of dominantly lithic ignimbrites.
Table 1. Summary of assay results for Los Cisnes 2018 drilling
Drill Hole From (m) To (m) Intercept
(m)
True
Width
(m)*
Ag g/t Au g/t Comments
LCsD-14 100.3 104.7 4.4 4.1 566 0.31 Step-back
to LCsD-09 Including 102.0 103.0 1.0 0.9 740 0.98
Including 103.0 103.8 0.8 0.7 1,653 0.20
LCsD-15 59.7 61.5 1.8 1.6 182 0.24 Step-out E
to LCsD-09 and 73.0 75.0 2.0 1.8 75 0.02
LCsD-16 NSR Step-out E
LCsD-17 67.5 71.4 3.9 3.5 12 0.01 Brio
LCsD-18 47.6 52.0 4.4 4.2 123 0.04 Step back
to LCsD-09 Including 49.2 50.0 0.8 0.7 276 0.08
LCsD-19 55.5 56.5 1.0 0.9 56 0.09 Brio
LCsD-20 39.0 41.0 2.0 1.8 381 0.12 Step-out
W to LCsD-
09 Including 39.0 39.8 0.8 0.7 528 0.23
LCsD-21 20.7 21.0 0.3 0.27 58 0.91 Brio and 84.0 88.0 4.0 3.6 28 0.03
LCsD-22 NSR Brio
LCsD-23 62.0 66.0 4.0 3.6 23 0.02 Brio
LCsD-24 22.0 26.0 4.0 3.6 33 0.05 Brio
LCsD-25 NSR Brio
LCsD-26 111.0 114.5 3.5 3.1 51 0.03 Brio
LCsD-27 NSR Brio
LCsD-28 NSR Brio
LCsD-29 34.0 37.0 3.0 2.7 10 0.04 Brio
NSR = Ag values < 15 g/t, Au values < 0.02 g/t, *Estimated true width
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Quality Control and Assurance
Mineralized intervals presented in Table 1 are drill intersection widths and may not represent true widths
of mineraliz ation. Drill core obtained from the diamond drill program is HQ-sized. All drill core was
photographed and quick logged prior to sampling. Standard sampling protocol involved the halving of all
drill core and sampling over intervals determined by geology ( and generally not exceeding 1m in clearly
mineralized sections), with one half of the core being placed in a sealed sample bag and dispatched to the
analytical laboratory for analysis. Samples were dispatched to Alex Stewart’s sample preparation facility in
Puerto San Julian, with pulps subsequently being sent to th e Alex Stewart’s analytical lab in Mendoza. All
samples have been analysed for gold using a 50g Fire Assay with AAS finish (Analysis AU4 -50), in addition
to a 39 element ICP -AES analysis of an aqua regia digest (Analysis ICP -AR-39). Standards and blanks were
inserted in to the analytical sequence on the basis of one standard plus one blank for every 25 samples.
Los Cisnes 2018 Drill Holes – Technical Data
Technical data relating to the 2018 drilling at the Los Cisnes Project are given in Table 2.
Table 2. Summary of technical data for the Los Cisnes 2018 Drill Program
Hole ID Easting Northing Elevation
(m)
Azimuth Dip
(degrees)
Depth
(m)
Assays
LCsD-14 642,540 4,622,149 16 190 -70 108.0 Received
LCsD-15 642,574 4,622,149 16 190 -65 100.5 Received
LCsD-16 642,583 4,622,198 16 190 -65 206.0 Received
LCsD-17 642,618 4,622,154 16 190 -65 78.0 Received
LCsD-18 642,540 4,622,145 16 190 -50 71.0 Received
LCsD-19 642,665 4,622,156 19 190 -50 68.0 Received
LCsD-20 642,499 4,622,123 16 190 -50 75.0 Received
LCsD-21 642,466 4,622,147 16 190 -45 100.0 Received
LCsD-22 642,416 4,622,186 14 190 -50 98.0 Received
LCsD-23 642,725 4,622,183 23 190 -45 131.0 Received
LCsD-24 642,935 4,622,255 26 190 -50 95.0 Received
LCsD-25 642,770 4,622,180 22 180 -50 80.0 Received
LCsD-26 643,410 4,622,420 20 180 -45 125.0 Received
LCsD-27 643,540 4,622,355 15 180 -45 47.0 Received
LCsD-28 643,254 4,622,351 24 180 -50 86.0 Received
LCsD-29 642,885 4,622,271 24 180 -50 95.0 Received
Las Calandrias Drill Update
Drilling has also been completed at the Las Calandrias Project , where a total of 25 drill holes for 3,708m
were completed. The 2018 drill program at Las Calandrias focused on extending known high -grade gold
mineralization in the Calandria Norte resource area, in addition to extending high-grade gold mineralization
in the sub -parallel Morena vein/breccia system . Core logging and sampling of the 25 Las Calandrias drill
holes are well advanced, with first assays expected to become available during August, 2018.
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Ontario-based consulting group AGP Mining Consultants Inc. has also been engaged to prepare an updated
Mineral Resource Estimate (MRE) for the Las Calandrias Project. This MRE will incorporate assay data from
both historical and current drilling at Las Calandrias, and is currently scheduled for release in mid -
September, 2018.
Health, Safety, and Environmental (HSE)
No HSE incidents have been reported during the current drill program.
Sierra Blanca and Regional Prospects
Drill target generation activities at the Sierra Blanca Project will continue in parallel with the current drill
program at Las Calandrias and Los Cisnes. However, the drill testing of high grade targets at Sierra Blanca
is not expected to occur before Q4, 2018, at the earliest. Reconnaissance activities on the Company’s
Regional Prospects are also anticipated to restart after the termination of the Patagonian winter.
1 A potential investor should not place undue reliance on these historical results when making an investment decision, nor should
they be used as the sole criterion for making investment decisions. There is no assurance that the Company can reproduce such
results, or that the historical results described therein will be realized.
2 The formula for AuEq70 = Au assay in g/t + (silver assay in g/t divided by 70), and assuming 100% metallurgical recovery.
On Behalf of the Board of New Dimension Resources Ltd.
“Eric Roth”
___________________________
Eric Roth, Ph.D., FAusIMM
President & CEO
About New Dimension Resources
New Dimension is engaged in the acquisition, exploration and development of quality mineral resource
properties throughout the Americas, with a focus on precious metals. The Company’s current focus is on
the discovery through drilling of new high-grade gold-silver resources at its 100%-owned Las Calandrias,
Los Cisnes and Sierra Blanca projects, all located in the highly prospective Deseado Massif of Santa Cruz
Province, southern Argentina. The Company also holds an option on the Savant Lake gold project in Ontario,
together with an active JV interest (with Yamana Gold) in the Domain gold project in Manitoba.
New Dimension Contacts
Eric Roth
Email: [email protected]
Karen Davies, +1 604-314-2662
Qualified Persons and Disclosure Statement
The technical information in this news release has been prepared in accordance with Canadian regulatory
requirements set out in NI 43 -101, and approve d by Eric Roth , the Company's President & CEO, a director and a
Qualified Person under NI 43-101.
Cautionary Notes and Forward-looking Statements
This news release contains forward- looking information within the meaning of applicable securities legislatio n. Forward-looking
information is typically identified by words such as: believe, expect, anticipate, intend, estimate, postulate and similar expressions, or
are those, which, by their nature, refer to future events. Such statements include, without limitation, statements regarding the future
results of operations, performance and achievements of New Dimension, including the timing, completion of and results from the drill
programs described in this release. Although the Company believes that such statements are reasonable, it can give no assurances that
such expectations will prove to be correct. All such forward-looking information is based on certain assumptions and analyses made by
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New Dimension in light of their experience and perception of historical trends, current conditions and expected future developments, as
well as other factors management believes are appropriate in the circumstances. This information, however, is subject to a va riety of
risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-
looking information. Important factors that could cause actual results to differ from this forward- looking information include those
described under the heading "Risks and Uncertainties" in New Dimension s most recently filed MD&A. New Dimension does not intend,
and expressly disclaims any obligation to, update or revise the forward- looking information contained in this news release, except as
required by law. Readers are cautioned not to place undue reliance on forward-looking information.
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