248m of 0.435% and 258m of 0.384% Copper Equivalent including 11m of 0.678%
December 21, 2011 GREENWOOD, BRITISH COLUMBIA – New Nadina Explorations Limited (TSX VENTURE: NNA) reports discovery drill hole assays on the copper-molybdenum-gold porphyry Itsit deposit (Titan Target B) at the 100% owned Silver Queen property, south of Houston., BC.
During September and October, thirteen holes (4,490.2 m) were drilled, six (1,723.5m) into Target A and seven (2,766.7m) were directed at Titan Target B. Titan A target was interpreted to be a potential vein type system of the Silver Queen type. Diamond drilling failed to intersect a likely source for this anomaly. Refer NR Dec16/11.
Target B, a conductive zone with an associated high chargeability, located to the southeast of the Silver Queen No3 Vein system, was proven to be a copper-molybdenum and gold deposit where mineralization is contained within a stockwork zone within quartz-feldspar porphyry. Three of the seven holes, were successful in intersecting encouraging grade. Drill footage fell short of the originally planned 10,000 meters as drilling difficulties were encountered due to a clay and water-bearing fault zone located directly above the mineralized zone. Drilling difficulties were overcome in the later holes by drilling down to the mineralized zone with HQ rods and then reducing to NQ once the rock was competent. The HQ rods thereby serve as casing for the NQ string and allow drilling to continue without hindrance from the constricting clay zone.
A section map illustrating the results is available on the Company website: www.nadina.com (click here for map)
Silver Queen 2011 Diamond Drilling, ITSIT Deposit, Target B
Results from Target B holes are presented in summary form below:
Assay Summaries, ITSIT Deposit, Target B
Cu Equiv (%)
Rods stuck - lost hole at 288m – Hole bottomed in mineralization
Hole stopped at 361.7m due to squeezing clay – encountered strong mineralization
abandoned at 72m due to excessive water flow. No significant values.
Cored 693m of near continuous mineralization – open to depth
Copper equivalent 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. Copper equivalent values stated here are based on the following prices, current as of December 9, 2011:
Au: $55.00 USD/g Cu: $7.80 USD/kg Mo: $30.00 USD/kg
Hole 11S-01 entered the mineralized zone at a depth of 248 meters bottoming in mineralization at 572 meters. The core was weakly to moderately mineralized with the best values seen in the lower part of the hole.
Hole 11S-03 passed out of the fault zone at a depth of 208.4 meters and continued to 288 meters, at which point the hole was lost due to seizing of the rods by the squeezing clay layer above. The hole bottomed in mineralization. Prior to end of hole, visual increase in mineralization was seen as confirmed later by assay data. Every attempt was made to continue the hole and rods were lost.
Hole 11S-06 encountered strong mineralization at 112.79 meters which was continuous throughout the remainder of the hole. The hole was stopped in mineralized stockwork at 361.7 meters due to constriction of the rods before reaching target depth. The 248.91m averaging 0.435% copper equivalent is highly encouraging as the deeper grades showed increased values. The fault zone causing the drill problems has been mapped and future drill holes to test this section of the anomaly can be drilled entirely beneath the shallow dipping fault by situating holes to the west of its surface trace, therefore avoiding the obstacles encountered in these initial discovery holes.
Holes 11S-09 and 11S-10 passed through the fault zone but did not encounter the mineralized quartz-feldspar porphyry body. Both holes were abandoned before their intended depth due to difficult drilling conditions.
Hole 11S-12 passed out of the fault zone at 32.2 meters but did not encounter the quartz-feldspar porphyry. The hole was drilled to 507 meters and returned only occasional narrow intervals of mineralization.
Drill hole 11S-13 encountered the mineralized zone at a depth of 84.35 meters and cored 693 meters of nearly continuous mineralization to a depth of 777 meters, where it was stopped while still within strong mineralization. The hole was ended on the drill contract expiry date and the casing remains intact and capped for re-entry for deepening and conducting down hole geophysics.
The Itsit deposit lies within a geophysical anomaly that extends 950 meters north-south and is open to the north and south of the Titan24 survey grid. The depth extent of the deposit is also unknown as the geophysical data limits do not close off the anomaly at depth. Further geophysics followed by a large drill program will be necessary to obtain a better understanding of the size potential.
We are pleased with the three holes that encountered good mineralization. A new deposit with potential for a large ore body has been found. Information gathered this year will guide further advancement in 2012. We see good mineralization, the anomaly size can be increased and geophysics indicates potentially higher grade areas within the deposit. Mapping and use of appropriate equipment will help to overcome the drilling problems. The property is fully accessible year round and located within an area supportive to the mining community.
Rob Hearst, P.Geo., at Quantec Geoscience Ltd. comments, “Titan 24 is a high powered, state-of-the-art, deep penetrating, direct current resistivity, induced polarization and magnetotelluric ground based survey system operated by Quantec Geoscience Ltd. of Toronto, Ontario. In the application of the system to the Silver Queen property, after inversion depths for the direct current resistivity and induced polarization of over 550m and depths with the magnetotellurics of over 1500m were obtained.”
Interpretation of geophysical data at the Silver Queen project is ongoing at the Advanced Geophysical Interpretation Centre of Mira Geoscience in Vancouver, BC. The ZTEM, aeromagnetic, and Titan24 data will be used in conjunction with the ongoing programs at the Silver Queen project. Geophysical data referenced in this press release has been reviewed by Peter Kowalczyk P.Geo., a qualified person within the terms of NI 43-101 standards.
This news release has been reviewed by Jim Hutter, P.Geo., 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
President and Chief Executive Officer
For further information please visit the website at www.nadina.com
or contact Ellen Clements: 1 (800) 856-3966, or email
“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.”
December 16, 2011 GREENWOOD, BRITISH COLUMBIA – New Nadina Explorations Limited (TSX VENTURE: NNA) reports partial results from the 2011 drilling. Results from Target A and selected high grade sample from hole 11S-13 are provided. There has been a delay in the compilation of the 2011 recent drill core assay results from the porphyry Titan Target B and these will be provided separately.
High grade assay result received from the sample shown on the website (refer to the website image with the Tooney). Drill Hole 11S-13 ended in good mineralization at 777m with casing from intact for re-entry to deepen the hole.
DDH 11S-13 From 172.6 to 172.82 m, H size core length of 22 cm assayed Mo 3.9%, Cu 0.179%
Drilling directed at the Titan Target A was defined by geophysics programs conducted earlier in the year. Holes 11S-02, -04, -05, -07, -08 and 11, totaling 1723.5 meters, did not encounter significant intersections. The target areas were defined by the combined use of Geotech’s ZTEM airborne and Quantec’s Titan 24 DCIP and MT ground geophysics. Due to the wide spacing of the Titan 24 lines, there is some uncertainty about the strike of Target A. Drill results to date for Target A have do not appear to have intersected a likely source of the geophysical anomaly and the anomaly remains untested. The geophysical data and drilling done to date is being assessed to determine how to best test this anomaly.
Table 1: Silver Queen 2011 Diamond Drilling, Target A
Results from Target A holes are presented in summary form below:
Table 2: Assay Summaries, Target A:
no significant values
Au: $55.00 USD/g
Cu: $7.80 USD/kg
Mo: $30.00 USD/kg
For further information please visit the website at www.nadina.com
December 8, 2011 GREENWOOD, BRITISH COLUMBIA –New Nadina Explorations Limited (TSX VENTURE: NNA) expects to release the 2011 recent discovery drill core assay results during the week of Dec 12, 2011. The half century search has revealed the potential for a significant size copper, molybdenum, gold porphyry deposit (Target Titan B) at the Silver Queen property. The property was last in production by the Bradina JV in the 1970’s on the No 3 Vein system. The property is strategically located at Owen Lake, south of Houston BC on the Owen/Morice road which continues to Huckleberry mine. The property surface is privately owned with established onsite facilities.
The discovery deposit lies within a geophysical anomaly that extends 950 meters north-south and is open to the north and south. Additional geophysical anomalies lie nearby to the west of the drilled targets. The 2011 drilling within this anomaly trend is open in all directions. An image of “Target B” overlain on the Google Earth image is available on the Company website. Drilling as well as new geophysical lines to the north and south will be necessary to increase the size. The depth extent of the deposit is also unknown. The geophysical data does not close off the anomaly at depth. Drill hole 11S-13 ended in good mineralization at 777m. Diamond drilling will continue in 2012 as well as further geophysics. Casing from the deepest hole (11S-13 – 777m) remains intact for re-entry.
All results should be received from the lab early the week of Dec 12th and we expect to report drill hole assay results once compiled. There were 810 samples from 2,035 meters of sawn drill core from the porphyry discovery sent for analyses.
The bulk tonnage deposit, named “Itsit” is no longer just a vision or a dream but a reality. This hidden bulk tonnage porphyry was first sought after in the ‘60’s by Kennco. The search for the elusive source of the 20 plus vein system that encompass our property has been vindicated. Attempts to locate the porphyry system by Kennco in the 1960s were unsuccessful. Advances in geophysics since that time have made this discovery possible. Intensive study and the combined use of Geotech’s ZTEM airborne and Quantec’s Titan 24 DCIP and MT ground geophysics with expert geophysical interpretation provided the necessary information to target and drill this mineralized body.
The key to our success is determination and utilization of the most sophisticated current geophysical techniques offered to today’s mineral explorer. The Itsit discovery gives us further reason to expand our 2012 geophysical lines to first further define the target extent of this large anomaly as well as find additional targets. Porphyry deposits are known to form in clusters and we feel the Silver Queen property potential for more is high. Porphyries are generally low grade and contain considerable volume to provide a long mine life. Current metal prices remain high and information on monetary value and historical price ranges can be found on the internet.
The Company also wishes to advise that the 750,000 share warrants with expiry dates of October 29, 2011 have been issued. There was $75,000 realized from this exercise of which an insider participated for 250,000 shares.
or contact Ellen Clements: 1 (800) 856-3966, or email
October 19, 2011 GREENWOOD, BRITISH COLUMBIA –New Nadina Explorations Limited (TSX VENTURE: NNA) announces the 2011 drilling at the Silver Queen property south of Houston BC has been completed. Drilling has encountered significant intersections of porphyry-style mineralization with visible chalcopyrite and molybdenite. Core logging and geotechnical processing, along with core sawing and submission of samples for analyses should be completed in 2-3 weeks. Images of the recent program can be viewed on the company website: http://www.nadina.com/properties/silver-queen
The Company is also pleased to announce that Gerald H. Rayner, Geol. P.Eng. has accepted an advisory position to assist with the advancement of this new discovery. He holds a B.Sc. in Geology from University of British Columbia and is a long standing member of the Association of Professional Engineers of the Province of British Columbia. Mr. Rayner brings extensive porphyry experience to the project having been employed (1960 to 1968) as an exploration geologist by Kennco Explorations (Western) Ltd., Vancouver, BC, the exploration subsidiary of Kennecott Copper Corporation in Western Canada. During 1967 and 1968 he was involved in the discovery and early exploration of significant porphyry copper reserves while in charge of the Papua New Guinea exploration group. The principal deposit located during this period is now known as the Ok Tedi.
Since 1969 he has been self employed in a geological consulting practice specializing in mineral exploration primarily in Western North America from Mexico to Alaska and also in the South Pacific. Mr. Rayner spent a large part of his career exploring for porphyry copper as well as other styles of base metal deposits.
This news release has been reviewed by Jim Hutter, P.Geo., the Qualified Person on the Silver Queen project, as defined by National Instrument 43-101 and approves the applicable content of this release.
September 21, 2011 GREENWOOD, BRITISH COLUMBIA –New Nadina Explorations Limited (TSX VENTURE: NNA) announces two drills are testing Titan A and B targets at the Silver Queen property.
Significant stockwork and porphyry-style mineralization of unknown grade was encountered in two holes (11S-01, 11S-03) on the first setup testing the eastern side of Target B (porphyry target). The first hole drilling east at -80 dip ended at 572m and the second drilling west at a -75 dip terminated at 288m. Both holes were in the zone and terminated before planned depth due to drilling difficulties. This drill has moved 140 meters north and 150 meters west and hole 11S-06 drilling east at -75 dip is currently in the zone. Hole 11S-02 collared at -70 (drill #2) approximately one kilometer to the west testing the same target ended at 503.5m did not hit the porphyry target. Sawn core samples are being sent for analyses.
The second drill is currently on the first set up to test Target A (vein target). A Google earth image showing these two ‘inner core’ targets can be viewed on the company website. The NR of July 21, 2011 contains geophysical description of both these targets.
Initial results of this program are pleasing. The reward of this discovery is attributed to the many explorers and numerous companies who passed through. Determination and perseverance may well conclude the ‘Dream Project’. We have found the probable source of the numerous veins using the most modern airborne and ground geophysical techniques. Drilling is expected to continue to October 15, 2011
Drill setups are testing targets developed using 3D inversion analysis of the new deeply penetrating geophysical data acquired this year and prepared by Peter Kowalczyk P.Geo., a qualified person within the terms of NI 43-101 standards and who has reviewed the technical content of this release. The information in this update has been prepared by Ellen Clements, onsite project manager. Jim Hutter, P.Geo. is the Qualified Person as defined by National Instrument 43-101 on the Silver Queen project, and has reviewed and approved the applicable content of this release.
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April 30, 2013 GREENWOOD, BRITISH COLUMBIA – New Nadina Explorations Limited (the “Company”, TSX VENTURE: NNA) announces it received notification of an application made by the holders of the surface rights relating to its Silver Queen property on March 7, 2013 for Mediation and Arbitration Services by the BC Surface ...
2013 News Releases
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 ...
February 14, 2013 GREENWOOD, BRITISH COLUMBIA – New Nadina Explorations Limited (TSX VENTURE: NNA) reports that at the Annual General Meeting held January 28, 2013 Ellen Clements (President), John Jewitt and William Meyer was voted onto the Board of Directors.
The Board members welcome new director William Meyer. Mr. Meyer is ...
2012 News Releases
November 30, 2012: GREENWOOD, BRITISH COLUMBIA – New Nadina Explorations Limited (the “Company”, TSX VENTURE: NNA) announces that further to its news release of November 16, 2012 the petition and preliminary injunction filed by C. Donald Christmann and 0712249 B.C. Ltd. in the Supreme Court of B.C have both been ...
November 22, 2012 GREENWOOD, BRITISH COLUMBIA – New Nadina Explorations Limited (the “Corporation”, TSX Venture: NNA) announces that it has adopted a shareholder rights plan agreement (the “Plan”). The Plan will be presented for ratification by the shareholders of the Corporation at their next Annual Meeting which will be held ...
November 16, 2012 GREENWOOD, BRITISH COLUMBIA – New Nadina Explorations Limited (the “Company”, TSX VENTURE: NNA) announces that it has been named as a respondent, along with the individual holding the title of Senior Inspector of Mines with the provincial Minister of Energy and Mines, in a petition filed in ...