New Nadina reports high silver assays at Silver Queen vein
GREENWOOD, BC December 23, 2015 - New Nadina Explorations Limited (TSX VENTURE: NNA) is pleased to announce updated assay results from diamond drilling at the Silver Queen property, located south of Houston, BC. These results relate to recent re-assays of the NG-3 Vein which was intersected as part of the 2012 Itsit Porphyry drilling program. The NG-3 Vein is a fault-offset portion of the No. 3 Vein. The NG-3 vein is not seen in surface outcrops, being entirely covered by an extensive overburden of glacial till.
The NG-3 Vein was intersected within the porphyry deposit in diamond drill hole 12S-05 from 332.5 to 338.0 metres. Over a true width of 2.2 metres the vein returned 3.15 g/t (0.092 oz/ton) gold, 1580.8 g/t (46.1 oz/ton) silver, 1.25% copper, 0.90 % lead and 0.48% zinc. A sub-parallel footwall vein was also intersected in the same drill hole from 410.5 to 419.75 metres with a true width of 3.70 metres. This vein returned assays of 2.3 g/t (0.067 oz/ton) gold, 166.6 g/t (4.86 oz/ton) silver, 0.26% copper, 0.22% lead and 0.90% zinc.
These intersections are located well over 300 metres to the east of what was previously the furthest known easterly extent of the NG-3 Vein. The silver grade of the main NG-3 Vein is significantly higher than any previous intersections of this vein. The much higher grade and substantial width of the vein within an unexplored area of significant size presents exciting new exploration possibilities for this property.
This news release has been reviewed by James Hutter, PGeo., a Qualified Person as defined by National Instrument 43-101, who approves the applicable content of this release.
A more detailed discussion of the above results will be posted to the company website, www.nadina.com.
President and Chief Executive Officer
For further information please visit the website at www.nadina.com
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