New Nadina Explorations Limited

New Nadina Explorations Limited is principally engaged in the acquisition, exploration and development of mineral properties in British Columbia and Northwest Territories. The Company is currently exploring for diamonds on the Monument Property located on the south shore of Lac de Gras in the Northwest Territories and is revisiting the Silver Queen Property in Northwest BC. 

On the Silver Queen Property, a 4000 metre drill program beginning August 2010 is underway. JDS Energy & Mining Inc. is near completion of a report comprising a digital 3-D model, summarizing historical non-compliant and compliant resources per National Instrument 43-101 reporting standards and a 10-man all-season on site container camp is near completion.

The Monument Property has 12 known diamond bearing kimberlites with the largest diamond recovered to date being 0.445 carats from the RIP kimberlite. Known diamond bearing kimberlites on 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.