Drilling Intersects 84.7 g/t Silver At ReeseRiver
VANCOUVER - New Dimension Resources Ltd. reported that a 17 drill-hole Phase I Reverse Circulation drilling program totaling 1,900 metres has been completed on the Reese River silver project, near Austin in central Nevada. The program was designed to test multiple targets within two priority exploration areas known as New York Canyon and Amador Canyon. No modern exploration or drilling had previously been conducted at New York Canyon and only minimal work at Amador Canyon.
Drilling was funded by International Minerals Corporation, which is earning an initial 60% interest in the project. The project is managed by New Dimension. The majority of drilling was conducted at New York Canyon where 11 drill-holes totaling 1,383 metres were completed.
Highlights of the program include an intersection in RR#6 grading 84.7 g/t silver over 4.6 metres that occurs within a 13.7 metre intercept grading 36.8 g/t silver.
This drill-hole was the only one that successfully reached the faulted contact between intrusive rocks and the overlying sediment, which the Company has proposed as the main conduit for New York Canyon silver mineralization. The mineralized intercept at this contact strongly supports the importance of this zone as a favorable ore horizon and further work is warranted.
The company’s address is Suite 860, 625 Howe Street, Vancouver BC V6C 2T6, (604) 687-7545, fax: (604) 689-5041, email: [email protected].