New Nadina Explorations Limited (the "Company") and partners Chris and Jeanne Jennings (22.11%), and Archon Minerals Ltd (20.4%) report that the exploration and drill program on the Monument Diamond Project at Lac De Gras, Northwest Territories was completed on September 10, 2007.
The program commenced mid July and comprised of camp preparation, six grids of detailed ground geophysics, delineation and mini-bulk sampling of the RIP kimberlite, plus drill-testing of nine land-based targets.  Sixteen diamond drill holes of HQ and BQ core were completed for a total of 1,330 meters.

RIP Pipe:  Six HQ size core holes from RIP produced a combined field weight of 1,976 kg of kimberlite sent to Saskatchewan Research Council (SRC) for microdiamond recovery.  Previous diamonds suggest a large stone population exists and once all results are combined, we expect to provide a modeled diamond grade estimate.  RIP has a surface area of slightly less than half a hectare (0.41 ha) and is located 40 meters east of DD17 which is 0.93 ha in size.

EXPLORATION:  Discovery of a narrow kimberlite dike in drill hole M-61-07 at 51.5-51.6 m, between kimberlites RIP and DD17-11, indicates that it may intrude a feeder structure that may also extend west through DD17, Nic and Sonja, suggesting the blue string of pearls cluster pipes may be related.

At DD39, drill hole M-01-07 intersected volcaniclastic (VK) and pyroclastic (PK) kimberlite between 32.8 and 70.7 m suggesting a small kimberlite pipe.  Some 200 m away, drill hole M-02-07 intersected hypabyssal kimberlite (HK) between 32.7 and 35.8m, likely a dike.  These intersections suggest that DD39 is not one body as the name implies, but a kimberlite complex consisting of several dikes and blows.  Ground magnetics shows a trend of untested and poorly tested targets in the area.

GENIE PIPE:  Genie is a new discovery located in the east part of our property.  Drill hole M94-07 intersected pyroclastic kimberlite from 30.8 to 38.4 m.  After drilling ground magnetics suggest the drill hole clipped the east side of the body, and more kimberlite may exist to the west.  The kimberlite’s unique magnetic signature highlights other untested targets.  Further drilling is required on Genie to determine the kimberlite’s size and collect an appropriate sized sample for microdiamond recovery.

The balance of diamond results on kimberlite DD17 are expected shortly.

The Monument Program is supervised by Mr. K. R. Kivi, P.Geol., an independent Qualified Person as defined by National Instrument 43-101.  Mr. Kivi reviewed the content of this news release.

Contact Ellen Clements at (800) 856-3966 or Larry Widmer at (250) 764-0577 for further information.

ON BEHALF OF THE BOARD

“Signed”
Ellen Clements,
Director, President & CEO

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