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
President and Chief Executive Officer
For further information please visit the website at www.nadina.com
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