Visible Moly in New Discovery at Silver Queen
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.
ON BEHALF OF THE BOARD
President and Chief Executive Officer
For further information please visit the website at www.nadina.com
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