New Nadina wins Land Issue
November 24, 2014 GREENWOOD, BRITISH COLUMBIA – New Nadina Explorations Limited (the “Company”, TSX VENTURE: NNA) is pleased to announce the release of a decision in our favour from the BC Supreme Court. The decision relates to the rights of access on private property at the Silver Queen property south of Houston, BC where a copper-moly-gold porphyry was discovered in 2011.
The Court has dismissed the Petition brought by C. Donald Christmann and 0712249 B.C. Ltd., with costs payable to New Nadina. The Petitioners sought a judicial review of the Surface Rights Board decision of September 4, 2013. The Petition was heard by the court in Kamloops on June 11, 2014. Among other things, the petitioners were asking the court to declare that the phrase “land under cultivation” in the Mineral Tenure Act (MTA) included land that was lying fallow.
The Court found that such an interpretation would go beyond the ordinary and grammatical sense of the phrase in the context of overall legislative scheme, and would be inconsistent with the intent of the Legislature.
The court also stated that the legislation clearly allows New Nadina, as a recorded mineral tenure holder with a permit under s. 10 of the Mines Act, to enter private lands. The land owner may apply to the SRB for the settling of entry conditions and compensation.
New Nadina has conducted three drill programs on this private land with all disturbances being rectified, landscaped, weeds pulled and seeded to the highest level of standards as soon as possible. The Company has made considerable concession so as not to interfere with any of the landowner’s activities.
A full copy of the decision document will be made available on the Company website and history references to this landowner can be viewed under the section “Mineral Project Activity, Silver Queen Property” listed in the MD&A dated July 28, 2014 ( http://www.nadina.com/images/mda-3-14-fnl.pdf ).
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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