New Nadina Explorations Limited (the "Company")  is pleased to report that the previously-announced spring program on the Monument Diamond Project, located 300 km north of Yellowknife, on Lac de Gras, has concluded.  A total of 762 line-kilometres of ground magnetometer geophysics and 23 drill holes have been completed. The geophysical program was successful in identifying and re-confirming multiple new and untested targets.  The drill program tested one of the four ice targets, inaccessible during the summer season, as well as surface delineated the Trio kimberlite.  A follow-up work program is now being planned to start in July.

Click here to view a map of the Monument Project: Monument Map

The 2009 spring program commenced with 762 line-kilometres of ground magnetometer surveying which provided more precise locations and greater resolution of magnetic anomalies related to previously-known kimberlite pipes.  This information, combined with previous geophysical programs, has resulted in the identification of multiple untested targets throughout the project area.  Targets identified in the Western portion of the property will be ground checked prior to summer drilling being planned for this July.

A total of 461m in 5 core holes were drilled on the Northern Zone. One hole was drilled on either side of the Trio kimberlite. The west hole confirms the previously known DD2002 dike and connects it to Trio. The eastern hole did not hit kimberlite.  Three ice holes on DD42a, the western most target of the four magnetic low anomalies within the DD42 ice target string, successfully intersected kimberlite. The results from this drilling indicate the size of the DD42a pipe is at least 57x27 metres, a significant increase from the 18x18 metre size indicated by the 2005 drilling. The aim of the core drilling program was to obtain additional information on the size and shape of the lake targets. The work completed has confirmed the potential of the DD42 string. The remaining three water targets will be drilled during the next winter program. Samples have been sent for caustic fusion.

The 13 RC holes drilled grid like on the Trio have substantially defined the near surface size and shape of the kimberlite. At this time, the Trio kimberlite appears to be a dike that is steeply west dipping.  Adequate kimberlite was recovered for analysis and one hole has been submitted for caustic fusion for comparison with results from the large diameter core sample collected in 2008.  Approximately 7,000 pounds of extracted kimberlite material will be retained for dense media separation processing pending analytical results.   

New Nadina Explorations Limited is operator of the Monument Diamond Project, a joint venture between New Nadina (57.49%), Dr. Chris & Jeanne Jennings (22.11%), and Stu Blusson’s Archon Minerals Ltd. (20.4%). The Monument project, strategically located in close proximity and with easy access to both the Ekati™ and Diavik™ Diamond Mines, has to date, 12 diamondiferous kimberlites identified in three zones known as the northern, central (Blue Pearl String) and southern zones. All kimberlites from each of the three zones have diamond distribution curves that predict large stone recovery with adequate sampling.

The content of this news release has been reviewed by Justin Rocco, Geological Engineer on site.  Sample shipments are under the supervision of Uwe Naeher, P.Geol.   Mr. K. R. Kivi, P.Geol. is the Qualified Person as defined by National Instrument 43-101.



ON BEHALF OF THE BOARD      

“Signed”

Ellen Clements,
President and Chief Executive Officer

For further information please visit the website at www.nadina.com or contact

Ellen Clements: (800) 856-3966,
Larry Widmer: (250) 878-5099,
Jack Barnes: Ph: (778) 997-0996, TF: (866) 713-8008, Email: This e-mail address is being protected from spambots. You need JavaScript enabled to view it

Caution Regarding Forward-Looking Statements -- This news release may contain certain forward-looking statements, including statements regarding the business and anticipated financial performance of the Company. These statements are subject to a number of risks and uncertainties. Actual results may differ materially from results contemplated by the forward-looking statements. Factors that could cause actual results to differ materially from those in the forward-looking statements include unsuccessful exploration results, changes in metal prices, changes in the availability of funding for mineral exploration and development, unanticipated changes in key management personnel and general economic conditions. When relying on forward-looking statements to make decisions, investors and others should carefully consider the foregoing factors and other uncertainties and should not place undue reliance on such forward-looking statements. The Company does not undertake to update any forward-looking statements, oral or written, made by itself or on its behalf.     

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