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2018 Drilling completed at Silver Queen

July 23, 2018:  GREENWOOD, BRITISH COLUMBIA – New Nadina Explorations Limited (the "Company", TSX VENTURE:  NNA) is pleased to announce it has completed a three hole drill program at its 100% owned Silver Queen property near Owen Lake BC.

Drilling commenced May 17, 2018 and 3,052.5m was completed by the first week in July. Unfavorable weather and drilling technical difficulties contributed to the slow completion of the program.  Three holes in total were completed (with one abandoned due to excessive hole deviation).  All three holes were targeting the “Blue Zone”, which is a conductivity anomaly outlined by IP geophysics.

The first hole, 18S-01, has had all assays returned.  This hole was drilled from the north side of the target at an azimuth of 127o and a dip of 45o, with a total depth of 1122m. Unfortunately, the hole began to shallow, resulting in excessive deviation and the objective of penetrating the “Blue Zone” was missed, only skimming the edge of the geophysical anomaly.  Although there are zones of anomalous values at various intervals in the hole, overall, it was disappointing in that the “Blue Zone” anomaly was missed.

Significant assay intervals are:

Sample

From (m)

To (m)

Width (m)

Au (g/t)

Ag (g/t)

Cu (%)

Pb (%)

Zn (ppm)

Ag (ppm)

Cu (ppm)

Pb (ppm)

Zn (ppm)

5094001

284.8

285.8

1.0

0.143

       

7.21

537

735

3500

5094002

300.3

302.0

1.7

0.16

       

16.8

1010

2020

1980

5094003

302.0

303.9

1.9

0.066

       

2.72

19.6

238

811

5094004

308.6

310.9

2.3

0.369

       

85.4

3690

2430

6900

5094005

310.9

313.0

2.1

0.276

     

2.68

29.1

846

1820

> 10000

5094006

319.1

320.5

1.4

0.363

100

 

1.27

4.8

> 100

8100

> 10000

> 10000

5094007

323.0

324.6

1.6

0.194

       

5.24

46.8

660

2250

5094008

324.6

325.9

1.3

0.219

       

18.5

2090

2710

9070

5094009

384.0

385.2

1.2

0.08

       

8.44

139

117

330

5094010

385.2

386.2

1.0

0.265

       

36.4

759

446

5620

5094011

405.1

406.1

1.0

0.336

220

2.26

1.32

1.97

> 100

> 10000

> 10000

> 10000

5094012

425.4

426.6

1.2

0.182

   

0.5

1.62

26.7

314

5030

> 10000

5094127

1060.2

1063.2

3.0

0.187

     

2.59

41.9

1630

886

> 10000

5094128

1063.2

1065.3

2.1

0.092

       

23.9

860

1220

8320

5094129

1065.3

1067.3

2.0

0.084

     

1.55

11.6

489

2210

> 10000

5094131

1067.3

1068.0

0.7

0.793

     

9.5

93.8

2850

4520

> 10000

5094132

1068.0

1068.8

0.8

0.011

     

7.88

82

2360

4020

> 10000

5094133

1068.8

1070.8

2.0

0.02

     

3.74

37.1

1180

1500

> 10000

5094134

1084.0

1086.0

2.0

1.06

     

2.37

33.8

2860

3100

> 10000

Note:  Au is by FA-AA, other elements are by ICP-OES+MS, then assay grade peroxide fusion ICP-OES except Ag which is gravimetric.

Based on the results of this round of sampling, the core was re-examined, and subsequently, more samples have been taken and those results are still pending, along with the results from the remaining  two holes.

The locations of the drill holes are shown is Figure 1 https://nadina.com/images/2018-Jul23-drilling-plan_view---1-002.gif and a section of hole 18S-01 is shown in Figure 2 https://nadina.com/images/2018-Jul23_18S-01_NEView_Section_assays-1-002.gif .

Gary Wong, P.Eng., a Qualified Person under the definition in National Instrument 43-101, has reviewed and approved the technical content of this release.

ON BEHALF OF THE BOARD

“Signed”

Ellen Clements,

President and Chief Executive Officer

For further information please visit the website at www.nadina.com  

“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.

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