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 |
|
|
||||
|
HOLEID |
EAST |
NORTH |
ELEV (m) |
LENGTH (m) |
AZIMUTH (UTM) |
DIP |
|
11S-02 |
649422 |
5994430 |
846 |
503.5 |
83 |
-70 |
|
11S-04 |
649815 |
5994535 |
865 |
278 |
231 |
-70 |
|
11S-05 |
649815 |
5994535 |
865 |
260 |
230.5 |
-45.5 |
|
11S-07 |
649798 |
5994522 |
864.5 |
275 |
312 |
-70.8 |
|
11S-08 |
649798 |
5994522 |
864.5 |
212 |
272 |
-70 |
|
11S-11 |
649879 |
5994283 |
823.5 |
195 |
270 |
-70 |
Results from Target A holes are presented in summary form below:
|
Table 2: Assay Summaries, Target A: |
||||||
|
From (m) |
To (m) |
Length (m) |
Au (g/t) |
Cu (%) |
Mo (%) |
Cu Equiv (%) |
|
11S-02 |
|
|
|
|
|
|
|
194.5 |
218.5 |
24 |
0.080 |
0.0081 |
0.0007 |
0.067 |
|
449.5 |
461.5 |
12 |
0.434 |
0.016 |
0.0006 |
0.324 |
|
480 |
492.9 |
12.9 |
0.061 |
0.019 |
0.0015 |
0.068 |
|
11S-04 |
|
|
|
|
|
|
|
80 |
92 |
12 |
0.094 |
0.0073 |
0.0004 |
0.075 |
|
110 |
122 |
12 |
0.055 |
0.011 |
0.0011 |
0.054 |
|
209 |
215 |
6 |
0.104 |
0.029 |
0.0024 |
0.112 |
|
11S-05 |
|
|
|
|
|
|
|
203 |
206 |
3 |
0.06 |
0.026 |
0.0004 |
0.069 |
|
206 |
218 |
12 |
0.13 |
0.098 |
0.0005 |
0.194 |
|
11S-07 |
no significant values |
|
|
|
||
|
11S-08 |
|
|
|
|
|
|
|
134 |
140 |
6 |
0.07 |
0.006 |
0.0005 |
0.058 |
|
140 |
152 |
12 |
0.20 |
0.004 |
0.0008 |
0.148 |
|
11S-11 |
|
|
|
|
|
|
|
110 |
152 |
42 |
0.20 |
0.022 |
0.0019 |
0.170 |
|
including: |
|
|
|
|
|
|
|
131 |
143 |
12 |
0.60 |
0.053 |
0.003 |
0.489 |
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
Au: $55.00 USD/g
Cu: $7.80 USD/kg
Mo: $30.00 USD/kg
Interpretation of geophysical data at the Silver Queen project is ongoing at the Advanced Geophysical Interpretation Centre of Mira Geoscience in
This news release has been reviewed by
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
“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.”
ITSIT PORPHYRYITSIT PORPHYRY 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 ... READMORE |
PARTIAL ASSAYS – SILVER QUEENDecember 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 ... READMORE |
DRILLING CONFIRMS PORPHYRY AT SILVER QUEENDecember 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 ... READMORE |
Visible Moly in New Discovery at Silver QueenOctober 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 sa... READMORE |
New Nadina drilling update at Silver QueenSeptember 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 ... READMORE |
New Nadina Finds Porphyry Target at Silver QueenJuly 21, 2011 GREENWOOD, BRITISH COLUMBIA – New Nadina Explorations Limited (TSX VENTURE: NNA) announces they have completed an aeromagnetic and ZTEM airborne geophysical survey and a follow up Titan 24 ground survey over its mineral claim group at the Silver Queen project, south of Houston BC. A preliminary interpretation ... READMORE |