Yamana Gold Provides Update on Domain Joint Venture, Manitoba

About this update from Capella Minerals Limited

[{"type":"text","content":"\n\n\n\nYamana Gold Provides Update on Domain Joint Venture, Manitoba\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\n\nCanada NewsWire\nVANCOUVER, Feb. 24, 2020\n\n\n\nTSX-V: NDR\n VANCOUVER, Feb. 24, 2020 /CNW/ - New Dimension Resources Ltd. (TSXV:NDR) (the \"Company\", or \"New Dimension\") notes Yamana Gold Inc.'s (TSX:YRI; NYSE:AUY) (or \"Yamana\") recent announcement in which it provides an update for exploration activities on its pipeline of highly-prospective gold projects, including the Domain Joint Venture (\"JV\") in Manitoba. The Domain JV is held 70.4% by Yamana and 29.6% by New Dimension, with Yamana being the Project Operator (Figure 1). \nThe Domain JV claims total 576 hectares and cover an area in which 62 holes / 9,660m of historic drilling have been completed and which successfully delineated significant high-grade iron formation-hosted gold mineralization. Notable intercepts from this drilling include: RR-08-23, 2.65 metres (\"m\") at 17.44 grams per tonne (\"g/t\") of gold (\"Au\") and 2.67m at 10.43 g/t Au; RR-08-21, 2.70m at 15.16 g/t Au; and RR-08-20, 9.0m at 7.29 g/t Au (see Company News Release dated June 12, 2017). True widths are estimated to be 80-100% of core length based on limited drilling. \nDrilling to date has been focused on the \"Main Zone\", where high-grade iron formation-hosted gold mineralization has been partially tested along some 800m of strike and remains open at both depth and along strike (Figures 2 and 3). The \"Main Zone\" mineralization lies on a prominent, northwest-trending HLEM (Horizontal Loop ElectroMagnetic) anomaly, and a combined strike length of approximately 5km of HLEM anomalies remain to be tested within the Domain JV area. Drilling of HLEM conductors during the last drill program in the winter of 2017 was successful in discovering additional gold mineralization.\nYamana comments that they will continue to engage with the Bunibonibee Cree Nation in 2020 in an effort to reach a mutually beneficial agreement supporting the advancement of exploration within this large, prospective land package.  &#...

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