New Nadina Explorations Limited

2009 Exploration Begins

Transport supplies into camp on winter road

Air Transport and Support

Monument Camp

Ground Geophysics and Groundwork

Reverse Circulation Rig Purchased

Monument's Diamond Drill Rig

2009 Core

MORE KIMBERLITE DISCOVERIES "GEMINI" and "SPARKY" ANNOUNCED SEPTEMBER 4, 2008.

Kimberlites discovered in south section of Monument Property indicate new cluster in the area of previously known DD39 kimberlite. Core is being sent to lab for caustic fusion. Results pending.

GEMINI KIMBERLITE:

SPARKY KIMBERLITE:

KIMBERLITE DISCOVERY "TRIO"

August 25, 2008

Kimberlite extracted from new "Trio" discovery - core sent to lab for caustic fusion. Results pending. See press release dated August 25, 2008.

MONUMENT MEDIA TOUR - AUGUST 13, 2008

Journalists representing CBC, Resource World Magazine and Northern Miner Magazine joined the Joint Venture Partners along with Toronto and New York Investment Representatives on a tour of the Monument Property on August 13, 2008. Participants were treated to a single Otter flight into the property, a fresh lake trout lunch, interviews with Joint Venture partners Chris and Jeannie Jennings, Stu Blusson (Archon Minerals) and Ellen Clements (New Nadina Explorations) and Qualified Person, Kevin Kivi. In addition to personal interviews, a helicopter tour of property to the site of the DD17, RIP, Bling and DD17-11 kimberlite was conducted.


Media tour, August 13, 2008	Tour participants near DD17, RIP, Bling and DD17-11

SUMMER DRILL PROGRAM BEGINS AUGUST 1, 2008.

2 rigs on property and drilling multiple targets selected with on the ground assistance by partners Chris Jennings, Stu Blusson (Archon Minerals) and Ellen Clements (New Nadina). Dr. Jennings utilizes proprietory software and analysis with new VTEM survey data to help select targets. Stu Blusson assists with extensive NWT kimberlite and diamond exploration expertise. Ellen Clements at property to manage 2 drill program. Keep posted for ongoing updates.

NEW KIMBERLITE DISCOVERY "BLING" ON MONUMENT PROPERTY - APRIL 2008

See June 16 press release for diamond results.

The 2008 Spring Exploration Program

Mobilization

Onsite transport of crews and moving equipment is via an onsite helicopter and snowmobiles. An ice spur road was constructed off the main winter road. Several loads of fuel and supplies for the current and proposed summer program were trucked to site.

Rig Mobilization - April 20, 2008

The Objective

The spring 2008 drill program concentrated on drill testing as many targets as possible from the approximately 40 untested priority anomalies picked for potential kimberlites. Targets materialized from numerous dogmag, ground magnetometer and airborne geophysics conducted plus various summers till sample programs for indicator minerals. Drilling first tested water-based anomalies in the northeast portion of the claim block.

Geophysics

Data collected and assessed from current ground geophysical surveys over targets significantly helps to pinpoint drill sight setups and target locations. Additional airborne geophysics was also completed to further identify and study targets. (see news release May 22, 2008.)

Monument Property Joint Venture Partners

The Monument project owners are 57.49% New Nadina Explorations Limited, 22.11% Dr. Chris and Jeanne Jennings and 20.4% Archon Minerals Ltd. (Stu Blusson) 1% NSR is payable to each DHK Diamonds Inc. and KCEI. New Nadina is the operator and the project is supervised by Mr. K. R. Kivi, P.Geo., a Qualified Person under National Instrument 43-101.

LOCATION LOCATION LOCATION

The Monument property is located on the south shore of Lac de Gras in NWT. Kimberlites of the Monument Property form part of the Lac de Gras cluster and occur within 40 kilometres of both the Ekati Diamond Mine (operated by BHP Billiton) and Diavik Diamond Mines Ltd. (operated by Rio Tinto), which together produce a noteworthy percentage of the world’s diamond production.

A total of 10 kimberlite pipes plus several unspecified related kimberlite dikes exist on the property. Untested targets include signatures with both positive and negative magnetic anomalies and weak electromagnetic conductors, some of which are under swamps and lakes. Significant diamond populations were found in five kimberlite pipes tested in 2006, Sonja, NIC, DD17, RIP and DD17-11. Lab results from two new discoveries Genie and Bling are pending.

MONUMENT ALL SEASON CAMP

Construction of a new all season exploration camp on the south shore of Lac de Gras is complete. It is accessible by float and ski fixed wing aircraft to accommodate year round exploration programs. The new camp consists of a kitchen-and-dry, office-coreshack and five sleep buildings. A winter ice road is ploughed between the new camp and the Tibbet-Contoyto ice road, which allows trucks from Yellowknife to deliver equipment, fuel and supplies.

Previous Exploration Activity

The 2007 Spring Program crews mobilized to the Monument Project opening up the camp in late February and commenced a diamond drill program on March 5, 2007. Four vertical HQ diamond drill holes were completed into kimberlite DD17 from the ice on the small lake that covers the kimberlite pipe. Drill holes were spotted 25 m from one another, with the objective to increase the microdiamond sample to predict a modeled grade for the kimberlite. Drill holes ranged in depth from 67 to 83 meters for 306 meters total. Drilling was completed on March 27, 2007. Kimberlite was shipped to Kennecott Canada Exploration Inc.'s diamond laboratory in Thunder Bay. To date, 2,137.63kg of DD17 kimberlite has been tested producing 964 stones or 451 stones per tonne. The DD17 kimberlite is estimated to be 0.93 hectares in size and is located 40m west of RIP.

The summer 2007 exploration program drill tested land based targets identified in the spring 2007 geophysical and 2006 geochem till sampling programs. 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.

Drill sampling RIP kimberlite to obtain modeling estimates of diamond grade has produced a total of 950 stones including a 0.445 carat stone from 2,201kg of kimberlite. The RIP kimberlite is currently estimated to be 0.41 hectares in size.

A new kimberlite named Genie was discovered and is 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 that 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 that will be drilled in the future. Further drilling is required on Genie to determine the kimberlite’s size and collect an appropriate sized sample for microdiamond recovery.

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.

To the southeast, DD39 drill holes 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.