New Dimension Updates Savant Lake Program
SUITE 960 – 789 WEST PENDER STREET
VANCOUVER, BC V6C 1H2 CANADA
TEL: 604-563-4807 FAX: 604-336-4813
www.newdimensionresources.com
PRESS RELEASE #17-08
May 16th, 2017
New Dimension Updates Savant Lake Program
New Dimension Resources Ltd. (TSXV: NDR) (the “Company” or “New Dimension”) announces
results of its Phase I drill program on its Savant Lake Gold pr oject located approximately 240 kilometres
northwest of Thunder Bay, Ontario.
The initial drill campaign was designed to test eight of eighteen targets prioritized on the basis of the 2016
airborne geophysical and ground exploration programs. Eight dia mond drill holes totaling 1,626 metres
were completed as a preliminary test of two types of geophysica l conductors interpreted to represent
either iron-formation or sulfide bodies. Six of the eight holes completed intersected permissive
lithologies, favourable alteration types, and zones of significant sulphide mineralization.
Table 1: 2017 Winter Drill Program Results, Savant Lake Property
Drill Hole
From
(m)
To (m) Width
(m)
Au
ppb
As
ppm
Cu
ppm
Sb
ppm
Zn
ppm
NDR17-01 101.80 113.00 11.20 58 205 74 16 260
NDR17-02 292.79 293.54 0.75 51 1 214 2 94
NDR17-03 90.00 103.50 13.50 36 100 597 19 1711
or 87.00 104.8 17.80 31 94 526 17 1453
and 111.00 116.90 5.90 62 318 8 41 46
NDR17-04 13.00 14.00 1.00 20 4550 52 4 75
42.25 43.50 1.25 539 21 1 1 7
72.50 74.00 1.50 371 33 36 4 68
NDR17-05 n.s.r.*
NDR17-06 140.0 141.50 1.50 <5 1465 60 1 105
NDR17-07 120.0 120.9 0.90 99 6 33 1 19
129.9 131.0 1.10 89 25 43 1 62
NDR17-08 n.s.r.*
* n.s.r – no significant results
The program established that the re is a poor correlation betwee n gold and overall sulfide content within
iron formation, highlighting the importance of testing known la rge magnetic ‘highs’. There are at least
five identified and thus far untested gold occurrences located within iron formation with strong magnetic
signatures but no electromagnetic response. These gold-in-rock geochemical anomalies occur at fold
noses where iron-formation thicknesses normally increase with r esultant improved ground conditions for
the potential introduction of min eralizing solutions. The drill testing of these, along with additional
detailed geological mapping and surface geochemistry will be ke y considerations as the Company
continues its assessment of the Project and undertakes next ste ps. The Company believes that many of
the Project’s best targets remain untested ( see map: Savant Lake project 2017 Drill Hole Locations and
Targets).
Quality Assurance & Quality Control:
The 2017 winter drill program was managed by Equity Exploration Consultants. Drill core was logged
and sampled under the supervisi on of Qualified Persons as defin ed by the National Instrument 43-101
(“NI 43-101”). Geological logging and sampling was conducted on -site. Half core samples were sent to
ALS Minerals in Thunder Bay, Ontario for assays. The remainder half core has been retained in sequence
on site for future reference. Samples split for assays were ind ividually tagged and sealed in marked bags,
and sealed in large sacks with a unique identifier tag. All sam ples are analysed for gold by fire assay with
an atomic absorption finish on a 30 g aliquot and for multiple trace elements by ICP-AES (inductively
couple plasma-atomic emission sp ectroscopy). Control samples (a ccredited standards, blanks and
duplicate samples at the field and preparation stages) were ins erted on a regular basis. Results were
monitored upon receipt of assays.
About Savant Lake
The Savant Lake property covers a classic iron formation settin g with associated gold occurrences within
a prospective greenstone belt in northwestern Ontario. The prop erty hosts multiple gold occurrences that
have returned values as high as 138.9 g/t gold from exposed out crops. Savant Lake is accessible all
seasons, boasts excellent access and infrastructure, and proxim ity to the CNR main line. The Company
believes the geologic setting at Savant Lake is analogous to Go ldcorp's Musselwhite Mine (located some
200 km to the north), as well as Agnico Eagle's Meadowbank Mine and newly discovered Amaruq
deposit in Nunavut.
About New Dimension Resources Ltd.:
New Dimension is engaged in the acquisition, exploration and de velopment of quality mineral resource
properties throughout the Americas with a focus on potential go ld and silver deposits. The Company’s
current priority is the Savant Lake gold property but is also reviewing other opportunities in Canada.
The technical information in this news release has been prepare d in accordance with Canadian regulatory
requirements set out in NI 43-101, and reviewed by Fred Hewett, the Company's President & CEO, a
director and a Qualified Person under NI 43-101.
ON BEHALF OF THE BOARD
NEW DIMENSION RESOURCES LTD.
“Fred G. Hewett”
___________________________
Fred G. Hewett, P.Eng.
President & CEO
For further information please contact
Nancy Curry at (604-220-2971) or Fred Hewett/Wayne Johnstone at (604-563-4807)
** INTERNET ADDRESS: www.newdimensionresources.com ** Email: [email protected]
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of this news release.
This news release may contain forward looki ng statements which are not historical facts, such as statements of belief of simila rity of
geological characteristics or features, statements of unverified drilling and sampling results and expectations of receipt of permits and
plans for future work. Forward looking statements involve a number of risks and uncertainties that could cause actual results to differ
materially from those projected. These ri sks and uncertainties include, but are not limited to, un expected geological factors,
exploration results, results of verification work and unanticipated regulatory obstacles. See New Dimension’s filings for a m ore
detailed discussion of factors that may impact expected results.
This news release does not constitute an offer to sell or solicitation of an offer to sell any securities in the United States. T h e
securities have not been and will not be registered under the Un ited States Securities Act of 1933, as amended (the “U.S. Secur ities
Act”) or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under
the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.