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