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    gold investing

    New Dimension Releases Phase 1 Results at Las Calandrias Project

    Nicole Rashotte
    Sep. 13, 2018 06:30AM PST
    Precious Metals

    New Dimension Resources Ltd. (TSXV:NDR) reported results from the Phase I diamond drill program targeting high-grade gold and silver mineralization at its 100 percent-owned Las Calandrias project.

    New Dimension Resources Ltd. (TSXV:NDR) reported results from the Phase I diamond drill program targeting high-grade gold and silver mineralization at its 100 percent-owned Las Calandrias project.

    Highlights are as follows:

    •

    A total of 25 diamond drill holes for 3,695m were completed at the Las Calandrias project. Drilling was primarily focused on extending known high-grade gold mineralization at the Calandria Norte and Morena vein/breccia zones. All drill holes successfully intersected their respective target structures.

    •

    Calandria Norte

    Successfully intersected high-grade gold mineralization outside of the northern limit of the existing mineral resource. Assays received to date include:

    CND04:       

    4 meters @ 11.0 grams per tonne gold + 49 grams per tonne gold from 58 meters downhole (approx. true width 3.0 meters)
    Including 0.5 meters @ 55.6 grams per tonne gold + 230 grams per tonne from 60.2 meters downhole

    CND04 represents a 35m step-out from existing drill hole CND-134 (3.6 meters @ 7.7 grams per tonne gold + 10 gams per tonne gold)

    •

    Morena vein/breccia zone, located 250 meters NW of the Calandria Norte structure.

    Assays returned from step-out drill hole CAL18-12 included:

    CAL18-12:

     4.2 meters @ 6.9 grams per tonne gold + 13 grams per tonne gold from 18.8 meters downhole (approx. true width 3.2 meters)

    Including 1.6 meters @ 12.0 grams per tonne gold + 22 grams per tonne gold from 19.7 meters downhole

    Results from CAL18-12 extend known gold mineralization 50 meters to the SW of existing drill hole CND250 (2.5 meters @ 5.8 grams per tonne gold + 48.5 grams per tonne gold).

    •

    Drilling completed to date indicates a significant new gold-silver zone developing in the Morena vein/breccia system. Initial drilling has focused on the southern end of the Morena structure, with at least 300 meters of northern strike extent interpreted to remain for drill testing.

    Click here to read the full New Dimension Resources Ltd. (TSXV:NDR) press release.

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