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2013 News Releases

Update on Silver Queen Property Land Issue

News Release

October 25, 2013 GREENWOOD, BRITISH COLUMBIA - New Nadina Explorations Limited (the "Company", TSX VENTURE:  "NNA") wishes to provide an update with respect to proceedings brought on by holders of surface rights (C.Donald Christmann and 0712249 BC Ltd) relating to the Company's Silver Queen property.

As reported in its September 6, 2013 news release, the BC Surface Rights Board (SRB) agreed with the Company's position that once the seasonal opportunity to harvest or pasture a crop has passed, land is no longer considered "land under cultivation" within the meaning of the Mineral Tenure Act until such time as cultivation activities for the purpose of raising and harvesting or pasturing a crop begin again the following season.  This interpretation allows New Nadina access to such areas after the crop, if any, has been harvested or once the time has lapsed to harvest and also in early fall and winter.

C. Donald Christmann and 0712249 BC Ltd. are not satisfied with the decision of the SRB and have now filed a Petition with the Supreme Court of B.C. to set aside parts of the decision.  New Nadina believes this latest application is nothing more than a tactic to obstruct the Company's exploration plans, and it is confident that it has succeeded in obtaining the required approval to proceed with its exploration as planned.

The decision of the SRB continues to be in effect during this challenge by the surface rights holders and New Nadina will continue to update its shareholders on the developments of the proceedings.

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 Ellen Clements: 1 (800) 856-3966,  or email This email address is being protected from spambots. You need JavaScript enabled to view it.

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.

Update on Silver Queen property Land Issue

September 6, 2013 GREENWOOD, BRITISH COLUMBIA

New Nadina Explorations Limited (the “Company”, TSX VENTURE: “NNA”) wishes to provide an update with respect to the proceedings before the BC Surface Rights Board (SRB) brought on by holders of surface rights relating to the Company’s Silver Queen property, further to its news release dated April 30, 2013.

 

The surface rights holder applicants had alleged that a portion of the Company’s Silver Queen property, located 30 kilometers south of Houston, B.C., fell under the category of “land under cultivation” pursuant to the Mineral Tenure Act and therefore were exempt from the Company’s right to enter for mineral exploration.

 

The proceedings focused on an area of the Silver Queen property which related to the Itsit copper-moly-gold porphyry discovery. This area, commonly known as the “Hay Meadows” comprises approximately 400 acres demarcated by fencing into three areas: the “West Meadow”, the “Main Meadow” and the “South Meadow”.

 

Despite finding that the Hay Meadows was “cultivated land”, the SRB sided with the Company that the West Meadow and South Meadow portions of the property did not meet the definition of “land under cultivation” as they are not in a present and active state of cultivation for the purpose of raising a crop.

 

The SRB found in favour of the applicants that the Main Meadow was “land under cultivation” as it was presently subject to cultivation activities for the purpose of harvesting a crop and therefore not subject to right of entry for exploration purposes, however the SRB included that once the seasonal opportunity to harvest or pasture a crop has passed, land is no longer considered “land under cultivation” within the meaning of the Mineral Tenure Act until such time as cultivation activities for the purpose of raising and harvesting or pasturing a crop begin again the following season. This would allow New Nadina access to these areas after the crop is harvested or once the time has lapsed to harvest and also in early fall and winter.

 

The Company submitted a Notice of Work to the Ministry of Mines in June of this year. Approval was delayed awaiting the SRB ruling. The SRB clarification is largely consistent with and confirms previous rulings. A previous attempt made in November 2012 by the surface rights holders (C. Donald Christmann and 0712249 B.C. Ltd.) to deny the Company access to its Silver Queen property failed and was dismissed by the Supreme Court of British Columbia.

 

The current planned exploration program for the Silver Queen property is largely focused outside the main hayfield or land ruled as “land under cultivation”. As such, the Company intends to continue its exploration and development in that area while respecting private property and other land users.

 

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 Ellen Clements: 1 (800) 856-3966, or email This email address is being protected from spambots. You need JavaScript enabled to view it.

 

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.

Silver Queen Property Land Issue

April 30, 2013 GREENWOOD, BRITISH COLUMBIA – New Nadina Explorations Limited (the “Company”, TSX VENTURE: NNA) announces it received notification of an application made by the holders of the surface rights relating to its Silver Queen property on March 7, 2013 for Mediation and Arbitration Services by the BC Surface Rights Board (SRB). The applicants allege their lands falls under the category of “land under cultivation” pursuant to the Mineral Tenure Act. The Company notes that as the majority of its porphyry anomaly relating to the Silver Queen property is covered by the area identified by the applications as being “land under cultivation” and in the event that the applicants are successful, it would effectively prohibit New Nadina from entering onto and continuing its planned exploration of the subject lands. Despite the Company strongly disagreeing with the merits of the applicants’ claim, in an attempt to resolve this issue in good faith it intends to participate in the arbitration hearing set for June 3, 2013.

A previous attempt made in November 2012 by the surface rights holders (C. Donald Christmann and 0712249 B.C. Ltd.) to deny the Company access to its Silver Queen property failed and was dismissed by the Supreme Court of British Columbia.

The Company’s work permit is valid to June 30, 2013 and relates to the Silver Queen property, located near Owen Lake south of Houston, British Columbia.

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 Ellen Clements: 1 (800) 856-3966, or email This email address is being protected from spambots. You need JavaScript enabled to view it.

“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.”

Winter Drill Program Results

New Nadina Explorations Ltd. reports drill hole 12S-05 intersected 144 m. of 0.379 g/t Au, 0.279% Cu and 0.041% Mo (0.655% Cu Equivalent)

April 8, 2013 GREENWOOD, BRITISH COLUMBIA – New Nadina Explorations Limited (TSX VENTURE: NNA) is pleased to announce the results of the 2012-2013 diamond drilling program at their 100% owned, road accessible, Cu-Mo-Au Silver Queen property, located 35 kilometres south of Houston, BC.

Drilling commenced on the Silver Queen property on November 12, 2012 and terminated on February 23, 2013. During this time period, six HQ/NQ2 holes (4,413.3 m) were drilled. Holes 12S-01 and 12S-02 were drilled in November and December 2012. The remaining holes were drilled in January and February 2013. The drilling contractor was Cutting Edge Diamond Drilling Inc. based in Kelowna B.C. Analytical work was done by SGS Canada Inc., an accredited laboratory located in Burnaby B.C.

The purpose of the 2012-2013 drilling program was to further test Target B (2012 Titan IP chargeability anomaly) and to determine the extent of porphyry Cu-Mo-Au mineralization encountered in the 2011 drilling program. Three of the seven holes drilled in 2011 were successful in intersecting encouraging grade Cu-Mo-Au mineralization. This mineralization, named the Itsit porphyry deposit, occurs as a quartz stockwork zone within a feldspar porphyry intrusion of probable Late Cretaceous age. All of the 2012-2013 drill holes, with the exception of drill hole 12S-03, targeted this zone and all of these holes encountered low grade Cu-Mo-Au mineralization similar to that intersected in the 2011 program. Drill hole 12S-03 tested Target C, an IP chargeability anomaly north of the Itsit deposit, but only encountered sporadic vein controlled mineralization near the bottom of the drill hole.

Drill Hole Assay Results

A list of the drill holes completed in the 2012-2013 program is presented in the following table:

Hole

Easting

Northing

Elev.

Azimuth

Inclin.

Length

year

12S-01

650117

5994341

836

90

-69

836.5

2012

12S-02

650460

5994635

870

354

-80

1010.4

2012

12S-03

650598

5995495

933

225

-61

805.7

2013

12S-04

650725

5994877

899

160

-82

391.0

2013

12S-05

650648

5994759

889

303

-65

777.0

2013

12S-06

650145

5994499

838

360

-90

592.7

2013

Note: UTM coordinates are Zone 9, NAD83.

 

A map showing drill hole locations and highlighting the results of the 2011 and 2012-2013 drilling programs is available on the Company website: www.nadina.com.

Significant drill hole intersections from the 2012-2013 drilling program are presented in the following table:

Hole

From

To

Length

Au

Cu

Mo

Cu Eq

 

metres

metres

metres

g/t

%

%

%

12S-01

154.5

232.5

78.0

0.039

0.067

0.010

0.121

 

232.5

349.5

117.0

0.049

0.149

0.017

0.233

 

including:

           
 

232.5

244.5

12.0

0.085

0.361

0.031

0.511

 

349.5

623.5

274.0

0.053

0.178

0.036

0.319

 

including:

           
 

602.5

623.5

21.0

0.159

0.193

0.055

0.461

 

623.5

821.5

198.0

0.022

0.085

0.033

0.198

 

821.5

836.5

15.0

0.032

0.067

0.005

0.102

12S-02

206.0

301.5

95.5

0.057

0.044

<0.001

0.082

 

including:

           
 

251.0

266.0

15.0

0.112

0.126

<0.001

0.201

 

301.5

467.0

165.5

0.025

0.090

0.003

0.115

 

including:

           
 

371.0

395.0

24.0

0.071

0.206

0.008

0.276

 

467.0

980.4

513.4

0.048

0.208

0.028

0.322

 

including:

           
 

569.0

605.0

36.0

0.066

0.281

0.036

0.430

 

620.0

731.0

111.0

0.062

0.257

0.043

0.425

 

980.4

1010.4

30.0

0.011

0.102

0.013

0.148

12S-03

752.0

755.0

3.0

0.150

0.579

<0.001

0.678

 

800.0

803.0

3.0

0.050

0.335

<0.001

0.368

12S-04

319.0

343.0

24.0

0.105

0.257

0.013

0.317

 

including:

           
 

319.0

331.0

12.0

0.175

0.273

0.014

0.430

 

343.0

391.0

48.0

0.014

0.127

0.010

0.166

12S-05

198.0

279.0

81.0

0.038

0.084

0.002

0.115

 

279.0

498.0

219.0

0.272

0.241

0.034

0.521

 

including:

           
 

306.0

450.0

144.0

0.379

0.279

0.041

0.655

 

498.0

582.0

84.0

0.056

0.153

0.019

0.245

 

582.0

663.0

81.0

0.040

0.095

0.011

0.155

 

including:

           
 

639.0

651.0

12.0

0.083

0.149

0.017

0.255

 

663.0

777.0

114.0

0.040

0.083

0.006

0.125

 

including:

           
 

771.0

777.0

6.0

0.065

0.185

0.003

0.235

 

Hole

From

To

Length

Au

Cu

Mo

Cu Eq

 

metres

metres

metres

g/t

%

%

%

12S-06

101.0

194.0

93.0

0.066

0.132

0.015

0.220

 

including:

           
 

125.0

137.0

12.0

0.188

0.292

0.014

0.457

 

194.0

260.0

66.0

0.048

0.144

0.014

0.187

 

including:

           
 

206.0

233.0

27.0

0.068

0.138

0.014

0.224

 

260.0

353.0

93.0

0.062

0.154

0.018

0.249

 

including:

           
 

281.0

302.0

21.0

0.093

0.172

0.031

0.327

 

353.0

410.0

57.0

0.038

0.121

0.013

0.185

 

including:

           
 

377.0

389.0

12.0

0.053

0.196

0.022

0.295

 

410.0

464.0

54.0

0.049

0.132

0.013

0.202

 

464.0

527.0

63.0

0.030

0.084

0.021

0.165

 

527.0

592.7

65.7

0.017

0.069

0.018

0.133

Note that Cu equivalent (Cu Eq) 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. Cu equivalent values stated here are based on commodity prices current as of February 1, 2013. These were: Au: $53.68 USD/gram; Cu: $8.17 USD/kilogram; Mo: $24.30 USD/kilogram. Based on these values 1 ppm Au is equivalent in value to 6570 ppm Cu and 1 ppm of Mo is equivalent in value to 2.974 ppm Cu. To get the Cu-Eq value, the Au and Mo values are converted to equivalent ppm Cu values, added together and then converted to a percentage.

Summary of Drill Holes

Hole 12S-01 was collared approximately 400 metres southwest of drill holes 11S-03 and 11S-01, both of which intersected significant Cu-Mo mineralization as chalcopyrite and molybdenite associated with quartz vein stockworks. The main purpose of this hole, which was drilled due east at an inclination of -69 degrees, was to test the Target B IP anomaly and the southerly extent of the mineralization encountered in 2011. Hole 12S-01 entered the mineralized zone below a shallow dipping fault at a depth of 154.5 meters, bottoming in mineralization at 836.5 meters. The core was weakly to moderately mineralized with the best values between 349.5 and 623.5 metres (0.319% Cu Eq). This hole suggests the Itsit porphyry mineralization extends at least 400 metres further southwest than previously known and remains open in this direction and at depth.

Hole 12S-02 was collared 55 metres northeast of drill holes 11S-03 and 11S-01 and was drilled due north at an initial inclination of -80 degrees. At 206 metres this hole entered a zone of low grade Cu-Mo-Au mineralization that lies below a shallow east dipping fault zone. This same fault zone was encountered in the nearby 2011 drill holes. The best grade mineralization was between 467 and 980.4 metres which graded 0.322% Cu Eq. Grades started to drop off below 980.4 metres to the end of the hole at 1010.4 metres.

As mentioned previously, hole 12S-03 was designed to test Target C, a strong IP chargeability anomaly located north of the Itsit deposit. This hole was collared 870 metres north of hole 12S-02 and was drilled at azimuth 225 and initial inclination of -61 degrees. This hole intersected weakly to unmineralized fragmental volcanics and rhyolite over its entire length. As a result sampling (3 metre intervals) was only done every 12 to 15 metres. Two of these intervals (752-755 and 800-803) near and at the bottom of the hole returned Cu values of 0.579% and 0.335% respectively.

Drill hole 12S-04 was collared approximately 369 metres northeast of drill hole 12S-02 and was designed to test the extent of porphyry mineralization in this direction. This hole was drilled at azimuth 160 and initial inclination of -82 degrees. Significant Cu-Mo-Aumineralization hosted by altered feldspar porphyry was encountered at 319 metres, immediately below a shallow dipping fault. This is believed to be the same fault that was intersected in drill holes located southwest of 12S-04. Low grade Cu-Mo-Au mineralization hosted by altered feldspar porphyry continued to 391 metres at which point the drill rods became seized and the hole was lost.

Drill hole 12S-05 was collared approximately 140 metres southwest of 12S-04 and 226 metres northeast of 12S-02. This hole was drilled at azimuth 303 and initial inclination of -65 degrees and went to a length of 777 metres. This hole was designed to further test the Target B IP anomaly and the northerly extent of mineralization that was encountered in 12S-02. At 198 metres this hole passed through the same shallow dipping fault zone intersected in adjacent holes and entered a zone of low grade Cu-Mo-Au mineralization hosted by altered feldspar porphyry. The best grades were over a 144 metre interval between 306 to 450 metres which averaged 0.379 grams per tonne Au, 0.279% Cu and 0.041% Mo (0.655% Cu Eq). This intersection represents one of the best encountered on the property to date. This mineralization remains open to depth and to the north. Additional drilling is required to determine the ultimate extent of this zone.

The final hole of the 2012-2013 program, 12S-06, was collared approximately 185 metres north of 12S-01 and was drilled vertically to a depth of 592.7 metres. This hole intersected low grade Cu-Mo-Au mineralization hosted by altered feldspar porphyry below 101 metres after passing through the same shallow dipping fault encountered in adjacent drill holes. Mineralization continued to the end of the hole with the best grades between 260 and 353 metres (0.249% Cu Eq).

Conclusions

The 2012-2013 drilling program has significantly expanded the known extent of Cu-Mo-Au mineralization on the Silver Queen property. Additional drilling is required to determine the ultimate limits of this mineralization and the overall size of the Itsit deposit. Although the mineralization encountered to date has been subeconomic, there remains a chance that better grade mineralization could be encountered with additional drilling. The drilling program has also shown that the Target B IP chargeability anomaly is associated with porphyry style mineralization. A significant part of this anomaly still remains untested. New Nadina is committed to continued exploration of the Silver Queen property.

This news release has been reviewed by Don MacIntyre, Ph.D., P.Eng., the Qualified Person on the Silver Queen project, as defined by National Instrument 43-101, who approves the applicable content of this release.

ON BEHALF OF THE BOARD

“Signed”

Ellen Clements,

President and Chief Executive Officer

Contact Ellen Clements: 1 800 856 3966

“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.”

  

CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS AND INFORMATION


This news release contains certain "forward-looking information" within the meaning of Canadian securities laws with regard to the proposed exploration plans of the Company. Actual results may differ materially from those indicated by such forward-looking information. All information included herein, other than statements of historical fact, including, without limitation, information regarding future production, is considered forward-looking information and involves various risks and uncertainties. There can be no assurance that the forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Neither 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.

AGM Update, New Director and Options Granted

February 14, 2013 GREENWOOD, BRITISH COLUMBIA – New Nadina Explorations Limited (TSX VENTURE: NNA) reports that at the Annual General Meeting held January 28, 2013 Ellen Clements (President), John Jewitt and William Meyer was voted onto the Board of Directors.

The Board members welcome new director William Meyer. Mr. Meyer is a Professional Engineer with a degree in Geology (UBC, 1962) and was Vice-President, Exploration for Teck Corporation from 1993 to1998 and President of Teck Exploration Ltd. from 1979 to 1998. He joined Teck Exploration Ltd. in 1979 as Exploration Manager for Western Canada and the United States. In 1991, he was appointed Vice-President, Exploration, for Teck Corporation responsible for the direction of exploration activities for Teck and its associated companies worldwide. His career has spanned more than 40 years, starting as an exploration geologist with Phelps Dodge Corporation of Canada and later as senior geologist with Gibraltar Mines Ltd. He was a partner at the consulting firm of Western Geological Services in 1967 and formed his own consulting firm in 1975. He is currently on the Board of Minco Base Metals (unlisted), GGL Resources and Golden Reign Resources Ltd.

Shareholder approval, at the AGM, of the Shareholder Rights Plan Agreement between the Company and Computershare Investor Services Inc. (ref News Release dated November 22, 2012), the renewal of the current Stock Option Plan (as described in the Information Circular) and authorize the Directors to make modifications in accordance with the Plan.

New Nadina Explorations effective February 14, 2013 has granted 2,500,000 stock options to directors and employees. The options are exercisable at 10 cents per share for a period of five years, expire February 14, 2018. All options granted are in accordance with the Company Stock Option Plan and subject to TSX-V approval.

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 Ellen Clements: 1 (800) 856-3966, or email This email address is being protected from spambots. You need JavaScript enabled to view it.

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.”

CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS AND INFORMATION This news release contains certain "forward-looking information" within the meaning of Canadian securities laws. Actual results may differ materially from those indicated by such forward-looking information. All information included herein, other than statements of historical fact, including, without limitation, information regarding future production, is considered forward-looking information and involves various risks and uncertainties. There can be no assurance that the forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Neither 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.

Newswire

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