New Nadina Explorations Ltd. reports drill hole 12S-05 intersected 144 m. of 0.379 g/t Au, 0.279% Cu and 0.041% Mo (0.655% Cu Equivalent)

April 8, 2013 GREENWOOD, BRITISH COLUMBIA – New Nadina Explorations Limited (TSX VENTURE: NNA) is pleased to announce the results of the 2012-2013 diamond drilling program at their 100% owned, road accessible, Cu-Mo-Au Silver Queen property, located 35 kilometres south of Houston, BC.

Drilling commenced on the Silver Queen property on November 12, 2012 and terminated on February 23, 2013. During this time period, six HQ/NQ2 holes (4,413.3 m) were drilled. Holes 12S-01 and 12S-02 were drilled in November and December 2012. The remaining holes were drilled in January and February 2013. The drilling contractor was Cutting Edge Diamond Drilling Inc. based in Kelowna B.C. Analytical work was done by SGS Canada Inc., an accredited laboratory located in Burnaby B.C.

The purpose of the 2012-2013 drilling program was to further test Target B (2012 Titan IP chargeability anomaly) and to determine the extent of porphyry Cu-Mo-Au mineralization encountered in the 2011 drilling program. Three of the seven holes drilled in 2011 were successful in intersecting encouraging grade Cu-Mo-Au mineralization. This mineralization, named the Itsit porphyry deposit, occurs as a quartz stockwork zone within a feldspar porphyry intrusion of probable Late Cretaceous age. All of the 2012-2013 drill holes, with the exception of drill hole 12S-03, targeted this zone and all of these holes encountered low grade Cu-Mo-Au mineralization similar to that intersected in the 2011 program. Drill hole 12S-03 tested Target C, an IP chargeability anomaly north of the Itsit deposit, but only encountered sporadic vein controlled mineralization near the bottom of the drill hole.

Drill Hole Assay Results

A list of the drill holes completed in the 2012-2013 program is presented in the following table:

Note: UTM coordinates are Zone 9, NAD83.

A map showing drill hole locations and highlighting the results of the 2011 and 2012-2013 drilling programs is available on the Company website: www.nadina.com.

Significant drill hole intersections from the 2012-2013 drilling program are presented in the following table:

Note that Cu equivalent (Cu Eq) values are provided for comparison purposes only, and do not take into account differences in metal recoveries or smelter charges, or price changes or other factors which could affect the actual value of the mineralized material. Cu equivalent values stated here are based on commodity prices current as of February 1, 2013. These were: Au: $53.68 USD/gram; Cu: $8.17 USD/kilogram; Mo: $24.30 USD/kilogram. Based on these values 1 ppm Au is equivalent in value to 6570 ppm Cu and 1 ppm of Mo is equivalent in value to 2.974 ppm Cu. To get the Cu-Eq value, the Au and Mo values are converted to equivalent ppm Cu values, added together and then converted to a percentage.

Summary of Drill Holes

Hole 12S-01 was collared approximately 400 metres southwest of drill holes 11S-03 and 11S-01, both of which intersected significant Cu-Mo mineralization as chalcopyrite and molybdenite associated with quartz vein stockworks. The main purpose of this hole, which was drilled due east at an inclination of -69 degrees, was to test the Target B IP anomaly and the southerly extent of the mineralization encountered in 2011. Hole 12S-01 entered the mineralized zone below a shallow dipping fault at a depth of 154.5 meters, bottoming in mineralization at 836.5 meters. The core was weakly to moderately mineralized with the best values between 349.5 and 623.5 metres (0.319% Cu Eq). This hole suggests the Itsit porphyry mineralization extends at least 400 metres further southwest than previously known and remains open in this direction and at depth.

Hole 12S-02 was collared 55 metres northeast of drill holes 11S-03 and 11S-01 and was drilled due north at an initial inclination of -80 degrees. At 206 metres this hole entered a zone of low grade Cu-Mo-Au mineralization that lies below a shallow east dipping fault zone. This same fault zone was encountered in the nearby 2011 drill holes. The best grade mineralization was between 467 and 980.4 metres which graded 0.322% Cu Eq. Grades started to drop off below 980.4 metres to the end of the hole at 1010.4 metres.

As mentioned previously, hole 12S-03 was designed to test Target C, a strong IP chargeability anomaly located north of the Itsit deposit. This hole was collared 870 metres north of hole 12S-02 and was drilled at azimuth 225 and initial inclination of -61 degrees. This hole intersected weakly to unmineralized fragmental volcanics and rhyolite over its entire length. As a result sampling (3 metre intervals) was only done every 12 to 15 metres. Two of these intervals (752-755 and 800-803) near and at the bottom of the hole returned Cu values of 0.579% and 0.335% respectively.

Drill hole 12S-04 was collared approximately 369 metres northeast of drill hole 12S-02 and was designed to test the extent of porphyry mineralization in this direction. This hole was drilled at azimuth 160 and initial inclination of -82 degrees. Significant Cu-Mo-Aumineralization hosted by altered feldspar porphyry was encountered at 319 metres, immediately below a shallow dipping fault. This is believed to be the same fault that was intersected in drill holes located southwest of 12S-04. Low grade Cu-Mo-Au mineralization hosted by altered feldspar porphyry continued to 391 metres at which point the drill rods became seized and the hole was lost.

Drill hole 12S-05 was collared approximately 140 metres southwest of 12S-04 and 226 metres northeast of 12S-02. This hole was drilled at azimuth 303 and initial inclination of -65 degrees and went to a length of 777 metres. This hole was designed to further test the Target B IP anomaly and the northerly extent of mineralization that was encountered in 12S-02. At 198 metres this hole passed through the same shallow dipping fault zone intersected in adjacent holes and entered a zone of low grade Cu-Mo-Au mineralization hosted by altered feldspar porphyry. The best grades were over a 144 metre interval between 306 to 450 metres which averaged 0.379 grams per tonne Au, 0.279% Cu and 0.041% Mo (0.655% Cu Eq). This intersection represents one of the best encountered on the property to date. This mineralization remains open to depth and to the north. Additional drilling is required to determine the ultimate extent of this zone.

The final hole of the 2012-2013 program, 12S-06, was collared approximately 185 metres north of 12S-01 and was drilled vertically to a depth of 592.7 metres. This hole intersected low grade Cu-Mo-Au mineralization hosted by altered feldspar porphyry below 101 metres after passing through the same shallow dipping fault encountered in adjacent drill holes. Mineralization continued to the end of the hole with the best grades between 260 and 353 metres (0.249% Cu Eq).

Conclusions

The 2012-2013 drilling program has significantly expanded the known extent of Cu-Mo-Au mineralization on the Silver Queen property. Additional drilling is required to determine the ultimate limits of this mineralization and the overall size of the Itsit deposit. Although the mineralization encountered to date has been subeconomic, there remains a chance that better grade mineralization could be encountered with additional drilling. The drilling program has also shown that the Target B IP chargeability anomaly is associated with porphyry style mineralization. A significant part of this anomaly still remains untested. New Nadina is committed to continued exploration of the Silver Queen property.

This news release has been reviewed by Don MacIntyre, Ph.D., P.Eng., the Qualified Person on the Silver Queen project, as defined by National Instrument 43-101, who approves the applicable content of this release.

ON BEHALF OF THE BOARD

“Signed”

Ellen Clements,

President and Chief Executive Officer

Contact Ellen Clements: 1 800 856 3966

“Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.”

CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS AND INFORMATION

This news release contains certain "forward-looking information" within the meaning of Canadian securities laws with regard to the proposed exploration plans of the Company. Actual results may differ materially from those indicated by such forward-looking information. All information included herein, other than statements of historical fact, including, without limitation, information regarding future production, is considered forward-looking information and involves various risks and uncertainties. There can be no assurance that the forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.