Drilling Scheduled at New Dimension's Reese River Silver Project, Nevada
VANCOUVER, BC - New Dimension Resources Ltd. and its wholly-owned subsidiary Dimension Resources (USA) Inc. reported that International Minerals Corporation (TSX:IMZ - News; "International Minerals") has completed its legal due diligence and will, upon receipt of a drill permit, commence a 2,000 metre Phase I reverse circulation ("RC") drill program at New Dimension's Reese River Project.
New Dimension has been notified by the Nevada State authorities that all requirements necessary to obtain a drill permit have been satisfied and the Company is in the process of posting the required reclamation bond.
The Phase I drill program is expected to commence in early August and will be supervised and managed by New Dimension, on a sub-contractor basis, with technical oversight by International Minerals. International Minerals is funding 100% of the cost of the drill program as detailed below.
"New Dimension is pleased to join forces with International Minerals and excited that a drill program will be conducted at Reese River, which we consider to have one of the best undrilled silver targets in Nevada," said Fred Hewett, President and CEO of New Dimension. "We look forward to this initial evaluation of Reese River, as it has taken two years of commitment and persistence by the Company's employees to acquire the Property and to successfully bring it to this stage."
The company’s address is Suite 860, 625 Howe Street, Vancouver BC V6C 2T6, (604) 687-7545, fax: (604) 689-5041, email: [email protected].