• NewNadinamtn1400px
  • SQrig&cat12X3webpic
  • drillrigpanorama
  • silverqueenschem1200px
  • linecuttersweb12X3
  • silverqueensite1400px

2009 News Releases

More Diamonds From Monument Property, Nwt.

New Nadina Explorations Limited (the "Company") and partners Chris and Jeanne Jennings (22.11%), and Archon Minerals Ltd (20.4%) are pleased to report the remaining diamond counts from kimberlite recovered during the summer 2008 at the Monument diamond project at Lac de Gras, NWT. (NR Nov 5, 2008)

Kimberlite pipes Sparky, DD39 and Gemini are located in the southern cluster, and each returned significant diamond counts with a diamond distribution that suggests larger stones will exist.  Sparky was tested with BTW diamond drill holes 35-M01-07 (Azimuth 225°, Dip -45°, kimberlite intercepted from 38.5-89.8m), 36-M01-07 (Azimuth 007°, Dip -45°, 19.7-66.4m) and M01-07 (Azimuth 138°, Dip -45°, 31.2-70.7m).  Sparky is a pipe that consists of pyroclastic kimberlite with lesser reworked volcaniclastic and minor hypabyssal kimberlite. The combined 412 kg sample returned 207 diamonds with one stone sitting in the 1.7 mm sieve (Table 1).

Table 1: Sparky microdiamond results.


Combined
Weight (kg)

0.106
Sieve

0.15
Sieve

0.212
Sieve

0.3
Sieve

0.425
Sieve

0.6
Sieve

0.85
Sieve

1.18
Sieve

1.7
Sieve

TOTAL

412

67

51

31

31

12

8

5

1

1

207

Located 119 meters northeast of Sparky, kimberlite DD39, tested with BTW diamond drill holes 34-39A (Azimuth 144°, Dip -45°, kimberlite intercepted from 44.4-110.5m) and 37-39A (Azimuth 054°, Dip -45°, 19.2-96.0m) intersected pyroclastic and reworked volcaniclastic kimberlite in equal proportions.  The combined sample weighed 192 kg and returned 91 diamonds, with the largest diamond sitting on the 1.18 mm sieve (Table 2).

Table 2: DD39 microdiamond results.


Combined
Weight (kg)

0.106
Sieve

0.15
Sieve

0.212
Sieve

0.3
Sieve

0.425
Sieve

0.6
Sieve

0.85
Sieve

1.18
Sieve

TOTAL

192

36

24

15

10

3

1

1

1

91

The Gemini kimberlite pipe, located 29 meters east NE of DD39 was tested with BQ drill holes 24-02 (Azimuth 018°, Dip -45°, kimberlite intercepted from 48.4-89.0m), 27-02 (Azimuth 285°, Dip -45°, 25-53.1m) and 29-02 (Azimuth 285°, Dip -57°, 18.6-79.15m).  The 348 kg combined sample returned 147 diamonds, with the largest stone sitting on the 0.85 mm sieve (Table 3).

Table 3: Gemini microdiamond results.


Combined
Weight (kg)

0.106
Sieve

0.15
Sieve

0.212
Sieve

0.3
Sieve

0.425
Sieve

0.6
Sieve

0.85
Sieve

TOTAL

348

61

33

22

15

8

7

1

147

At the west end of the central Blue Pearl Cluster, land-based kimberlite Sonja was tested with BTW diamond drill holes 41-Sonja (Azimuth 315°, Dip -45°, kimberlite intercepted from 19.9-54.4m) and 45-Sonja (Azimuth 315°, Dip -59°, 25.6-58.8m).  The Sonja pipe consists of pyroclastic, volcaniclastic and reworked volcaniclastic kimberlite. The combined 198 kg sample returned 100 diamonds (Table 4).

Table 4: Sonja microdiamond results.


Combined
Weight (kg)

0.106
Sieve

0.15
Sieve

0.212
Sieve

0.3
Sieve

0.425
Sieve

0.6
Sieve

0.85
Sieve

TOTAL

198

43

27

16

9

2

1

2

100

From the northern cluster, land-based kimberlite Trio was tested with HQ diamond drill hole 46-Trio LDC (Azimuth 360°, Dip -90°, kimberlite intercepted from 6.0-121.5m) and previously reported BTW drill holes 12-2002 (Azimuth 360°, Dip -45°, 42.5-59.5m) and 13-2002 (Azimuth 018°, Dip -45°, 28.5-58.6m).  All drill holes cut pyroclastic kimberlite.  New results from Trio add 452 diamonds from 879 kg for a combined sample that weighed 1,015 kg and returned 558 diamonds.  The largest diamond sits on the 1.18 mm sieve (Table 5).

Table 5: Trio microdiamond results.


Combined
Weight (kg)

0.106
Sieve

0.15
Sieve

0.212
Sieve

0.3
Sieve

0.425
Sieve

0.6
Sieve

0.85
Sieve

1.18
Sieve

TOTAL

879

193

116

63

47

21

10

2

0

452

136

45

28

14

13

2

1

2

1

106*

* 106 diamonds/136 kg. previously reported (NR November 5, 2008).

In the eastern part of the property, kimberlite Genie was tested with drill holes 42-Genie (Azimuth 243°, Dip -45°, kimberlite intercepted from 12.19-26.9m), 43-Genie (Azimuth 243°, Dip -65°, 20.42-36.2m) and M92-07 (Azimuth 350°, Dip -46°, 30.78-38.41m).  New results add 7 diamonds from 98 kg for a combined sample weight of 117 kg that returned 13 diamonds (Table 6).

Table 6: Genie microdiamond results.


Combined
Weight (kg)

0.106
Sieve

0.15
Sieve

0.212
Sieve

TOTAL

98

5

1

1

7

19

4

2

0

6*

* 6 diamonds/19 kg previously reported on November 5, 2008.

The Monument Property has three kimberlite clusters known as the northern, central and southern clusters, which belong to the Lac de Gras kimberlite field, where high-grade kimberlite pipes are producing millions of carats of gems at the Ekati™ and Diavik™ Diamond Mines each year.

New Nadina is encouraged with the consistent diamond content of kimberlites, and the occurrence of larger diamonds that show a large stone distribution exists at the Monument Property.  Larger sample extraction is subject to Land Use approval and not possible during 2009.  Additional drilling on all kimberlites is required to determine pipe sizes as was confirmed with summer drilling of one hole increasing the size of pipe DD17. A spring program to conduct ground geophysics to establish targets prior to ice drilling and in preparation for summer drilling is anticipated.  The 2009 exploration programs are being planned pending funding and partner approval.

The Monument Program is supervised by Mr. K. R. Kivi, P.Geol., a Qualified Person as defined by National Instrument 43-101. The majority of samples reported herein were processed, observed, sieved and described by Saskatchewan Research Council (SRC), of Saskatoon, SK.  The others were processed by Microlithics Laboratories, of Thunder Bay, ON and diamond recovery, sieving, description and reporting completed by I&M Morrison Geological Services Ltd., of Delta, BC.  Mr. Kivi reviewed the content of this news release.
Contact Ellen Clements at (800) 856-3966 or Larry Widmer at (250) 878 5099 for further information.

ON BEHALF OF THE BOARD

“Signed”
Ellen Clements,
President and Chief Executive Officer

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release.

Newswire

New Nadina Closes $103,000 Tranche One

27-09-2017 Hits:533 2017 News Releases Nadina

September 27, 2017 GREENWOOD, BRITISH COLUMBIA – New Nadina Explorations Limited (TSX VENTURE: NNA) announces the closing of Tranche One of the Private Placement (NR June 20, 2017) of 6,000,000 units at a price of $0.08 cents per unit for gross proceeds of $480,000. The units of the financing comprise of one common share and a full share purchase warrant, exercisable for a period of five years (subject to accelerated...

Read more

Fundamental Research Corp. Publishes Introductory Note of New Nadina Explorations Limited

15-08-2017 Hits:802 2017 News Releases Nadina

 August 15, 2017   Greenwood, British Columbia – New Nadina Explorations Limited (the “Company”) (TSX Venture – NNA.V) announces that Fundamental Research Corp. (“FRC”) an investment research company, published an equity analyst research report dated August 10, 2017, entitled, ‘New Nadina Explorations Limited (TSXV: NNA) – Introductory Note’. The research report was written and produced by senior analyst Siddharth Rajeev, B.Tech (Electronics Engineering), MBA (Finance), CFA, Vice-President – Head of Research in...

Read more

New Nadina Continues with Private Placement Financing

10-08-2017 Hits:828 2017 News Releases Nadina

August 10, 2017 GREENWOOD, BRITISH COLUMBIA – New Nadina Explorations Limited (TSX VENTURE: NNA) announces it is continuing with the Private Placement announced June 20, 2017. The terms which are …6,000,000 units at a price of $0.08 cents per unit for gross proceeds of $480,000. The units of the financing will comprise of one common share and a full share purchase warrant, exercisable for a period of five years at...

Read more