VANCOUVER, Sept. 25, 2018 /CNW/ - New Dimension Resources Ltd. (TSXV: NDR) (the "Company" or "New Dimension") is pleased to announce that Mary L. Little has joined New Dimension's Board of Directors in the capacity of Non-Executive Director. Mary is a highly-qualified geologist with extensive experience in both exploration and business development activities through the Americas, especially in Argentina. Mary also holds an MBA from the University of Colorado and has held senior Corporate roles with both major and junior mining / exploration companies throughout her extensive career.
Mary L. Little - Biography
Mary Little has been an independent consultant for natural resource companies since 2014. As the founding CEO of Mirasol Resources Ltd., a precious metals exploration company focused in Chile and Argentina, she led Mirasol's growth as a prospect generator and its corporate development activities from 2003 to 2014. Prior to this, she held leadership positions in business development and as country manager for major mining companies, including Cyprus Amax, WMC Ltd. and Newmont Exploration, while based for 15 years in Latin America, and gained early worldwide experience with the Anaconda Minerals Company and Echo Bay Mines.
Mary serves as an independent board member of Sandstorm Gold Ltd., Tinka Resources Limited and Pure Energy Minerals Limited, and is current president of the Denver Region Exploration Geologists' Society. She holds a Bachelor's degree in Geology from Franklin and Marshall College (PA), a Master of Science degree in Earth Sciences from the University of California and an MBA from the University of Colorado, and is a Qualified Person under National Instrument 43-101 (MMSA).
Retirement of Directors
Concurrent with the appointment of Mary to the Board of New Dimension, the Company also wishes to announce the retirement of Non-Executive Directors Fred Hewett and Thomas Burkhart. The Company would like to extend its sincerest gratitude to both Fred (New Dimension's former President & CEO) and Thomas (New Dimension's former VP Exploration) for their significant contributions to the Company, thanking them for their many years of dedicated service. The Company is pleased to advise that both Fred and Thomas will remain engaged with the Company going forward in advisory roles.
President and Chief Executive Officer, Eric Roth, commented today: "I am very pleased to be able to announce the appointment of a professional of Mary's calibre to New Dimension's Board of Directors. Mary is a highly-respected individual who has had an outstanding career in both exploration and business development, including 15 years based in Latin America. Mary's insights and vast experience will be invaluable as we work together for the benefit of all of New Dimension's stakeholders. Separately, I would also like to sincerely thank both Fred and Thomas for their professionalism, dedication, and guidance in contributing to the Company's successes to date. I am also pleased to add that we will be able to retain both Fred's and Thomas's services in advisory roles".
On Behalf of the Board of New Dimension Resources Ltd.
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.
Cautionary Notes and Forward-looking Statements
This news release contains forward-looking information within the meaning of applicable securities legislation. 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 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 variety 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.
Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.
This news release does not constitute an offer to purchase securities. The securities to be offered in the Private Placement have not been and will not be registered under the United States Securities Act of 1933, as amended, or any state securities laws and may not be offered or sold in the United States or to, or for the benefit or account of, a U.S. person, except pursuant to an available exemption from such registration requirements.
SOURCE New Dimension Resources Ltd.
For further information: New Dimension Contacts: Eric Roth, Email: [email protected]; Karen Davies, +1 604-314-2662