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News

New Nadina plans Silver Queen Program

GREENWOOD, BRITISH COLUMBIA – New Nadina Explorations Limited (TSX Venture: NNA) is pleased to provide progress on the 100% owned Silver Queen Project.  The following updates content in NR of January 28, 2010 and MD&A filed on SEDAR April 21, 2010.

The Silver Queen property is all season accessible via the forest service road to the Huckleberry Mine south of Houston, BC.  The SQ (Silver Queen) property consists of 17 Crown Granted mineral claims and four staked claims covering approximately 3,187 hectares. Recent staking of 12 DQ (Dancing Queen) claims of an additional 4,423 hectares increased the project land tenure to 7,610 hectares.

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New Nadina $250,000 Non-brokered Private Placement

GREENWOOD, BRITISH COLUMBIA – New Nadina Explorations Limited (TSX VENTURE: NNA) has arranged a non-brokered private placement, subject to the approval of the TSX Venture Exchange. The private placement consists of up to 2,500,000 non-flow-through units at a price of $0.10 per unit for gross proceeds of $250,000. Each unit consists of one common share of the Company and one common share purchase warrant, each warrant entitling the holder to purchase one additional common share of the Company for a period of two years, at a price of $0.10 per share in the first year and at a price of $0.15 per share in the second year. The securities issued pursuant to the placees are subject to a hold period expiring four months from date of issue.

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New Nadina closes $155,700 Non-brokered Private Placement

GREENWOOD, BRITISH COLUMBIA – New Nadina Explorations Limited (TSX VENTURE: NNA) advises that the non-brokered private placement announced May 4, 2010 has closed. Each unit is comprised of one common share and one share purchase warrant entitling the holder to purchase one additional share of the Company for up to 24 months expiring June 21, 2012. The exercise price is 10 cents during the first 12 months and 15 cents thereafter.

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Corporate Data

New Nadina Explorations Limited (“the Company”) was incorporated on April 7, 1964 under the Company Act of British Columbia.  On December 20, 1977 the name changed from Nadina Explorations Limited NPL to New Nadina Explorations Limited NPL. On April 9, 1985 the company converted from a specially limited company to a limited company under the name of New Nadina Explorations Limited.

The Company is principally engaged in the acquisition, exploration and development of mineral properties in British Columbia, Saskatchewan, Northwest Territories and Nunavut. The Company trades on the TSX Venture Exchange under the trading symbol “NNA” and is extra-provincially registered in the Province of Saskatchewan and extra-territorial registered in the Northwest Territories.

The Company is currently exploring for diamonds on the Monument Property at Lac de Gras in the Northwest Territories and for gold/silver at the Silver Queen Mine Property near Houston in central British Columbia.

Trust Company:

Computershare Trust Company
510 Burrard St., 3rd Floor
Vancouver, BC V6C 3B9
Ph: 604 661-9400
Mariano Banting, Client Services

CUSIP #647567304

Auditor:

Davidson & Company LLP
Chartered Accountants
Suite 1200  609 Granville Street
PO Box 10372, Pacific Centre
Vancouver, BC   V7Y 1G6

 

Lawyer:

Fang and Associates
Suite 1780 
400 Burrard Street
Vancouver, BC   V6C 3A6

 

Management and directors

John W. Jewitt, Director, President and Chief Executive Officer – Mr. Jewitt is a registered professional mining engineer (British Columbia) who obtained an Advanced Management Diploma from Harvard Business School.    He was employed at several underground mines owned by Teck Resources prior to becoming President of the Granby Mining Company (NYSE) and Granisle Copper Ltd (TSX); both substantial copper producers in British Columbia.   Subsequently Jewitt worked as Manager of Engineering and Development for Chevron Resources Inc., opening mines in B.C., Australia, Chile and Ireland.  He then worked as Manager of International Project Development for Pegasus Gold, prior to managing final feasibility studies towards re-opening the Tulsequah Chief VMS Mine in BC and EuroZinc's copper-zinc mines at Aljustrel, Portugal.

Jewitt received an award from  Engineers and Geoscientists of BC as follows:  R.A. McLaughlin Award:  This award is made to an engineer who, through activity in professional affairs, and participation in community activities, has exhibited to a notable degree that concern with public welfare which should characterize the engineering profession at its best.

As a former Director of New Nadina Explorations Limited, Jewitt is well-positioned to advance the Silver Queen Metals project in British Columbia and the Monument Diamond project in the Northwest Territories of Canada.

William Meyer P.Eng., Director - Mr. Meyer is a Professional Engineer with a degree in Geology (UBC, 1962) and was Vice-President, Exploration for Teck Corporation from 1993 to 1998 and President of Teck Exploration Ltd. from 1979 to 1998. He joined Teck Exploration Ltd. in 1979 as Exploration Manager for Western Canada and the United States. In 1991, he was appointed Vice-President, Exploration, for Teck Corporation responsible for the direction of exploration activities for Teck and its associated companies worldwide. His career has spanned more than 40 years, starting as an exploration geologist with Phelps Dodge Corporation of Canada and later as senior geologist with Gibraltar Mines Ltd. He was a partner at the consulting firm of Western Geological Services in 1967 and formed his own consulting firm in 1975. He is currently on the Board of Minco Base Metals (unlisted), GGL Resources and Golden Reign Resources Ltd. 

Anthony (Tony) Jewitt, B.Sc. Eng.,  Director, CFO – Mr. Jewitt has more than 30 years of experience in engineering management within the information technology industry.  As vice president of big data solutions for Avalon, he leads a team of data scientists and data engineers who develop analytic applications for clients in many industries including natural resources, utilities, manufacturing and defense.  Prior to joining Avalon, Jewitt was CEO of Hive Group, a leading data visualization software company, where he led the firm from its start-up phase with three pilot projects to profitability with over 100 major customers while raising $7m to fuel growth. Prior to Hive Group, Jewitt was senior vice president at InStranet (acquired by Salesforce.com) where he oversaw all areas of product strategy, corporate and product positioning, and managed all corporate-level marketing functions including InStranet's customer advisory board. He was a member of the executive team that raised $15m for InStranet's Series C funding.  Prior to Instranet, Jewitt was group vice president of at Business Objects (acquired by SAP) where he led the company's pioneering work in extranets and e-business.  During his tenure with Business Objects, Jewitt grew the extranet division from start-up to over $40m in annual revenues.  Jewitt holds a Bachelor of Science in Electrical and Computer Engineering from the University of Texas in Austin.

Courtney Shearer, B.Sc (Eng.), MBA, CPA, CMA,  Director – Mr. Shearer has been an entrepreneur all his working career. After working in the BC timber industry and in a junior silver producer in the Canadian Arctic, he co-founded and ran a private oilfield service company in Alberta for a decade and successfully sold it to a large, multi-national corporation.  

He was involved in several junior Canadian exploration and production companies for 15-years as a board member and in the C-suite, including being CFO for Merit Mining Corp. when they opened the Greenwood Gold Project in 2008.  

He was also a director and consultant for San Gold Corporation when they opened the Rice Lake, Manitoba gold mine and grew from a market capitalization of $18 million to over $1.1 billion in 6 years. He worked on the business development team that raised over $120 million to finance that growth and conversion from the TSX Venture Exchange to the TSX.  

He is currently a partner in a private company that provides implementation of land development, funding and financial strategies to private, public and not-for-profit organizations.

Peter Cooper,  Director - Mr. Cooper has over 42 years in the mineral exploration and mining business, working primarily for major producers in Canada and the U.S; Better part of the past 20 years working in Washington State and southern BC, since 2007 as Chief Geologist and subsequently Manager of Operations Strategy for Kinross Gold's Kettle River Operations; and Participated in three successful new gold mine startups, including Kinross' Buckhorn mine, having played a significant role in the pre-production exploration and development of each.

Frederick James Sveinson, B.A., B. Sc., P. Eng. - Mr. Sveinson is a professional mining engineer with more than 45 years’ experience in Canada and internationally in the exploration, development, construction, operation and financing of mineral projects. His experience includes the development and operation of underground mines from 100tpd to 2000tpd in Zambia, USA, Venezuela and Canada including the Arctic. He has been involved in projects with major logistics challenges including construction and operation in remote areas requiring fly-in, fly-out camps with access via long winter roads and by air. Mr. Sveinson has been involved with negotiating Impacts and Benefits agreements with First Nations and training of aboriginals. He has held senior positions with major consulting firms and contractors such as SNC Lavalin Inc. and Dynatec Corp. Fred has been an entrepreneur and founder of several junior companies which have re-started Brownfield’s sites or developed new mining operations. Mr. Sveinson is currently working as a Senior Mining Advisor / Consultant via his wholly owned company, International Mine Builders Inc. where he is currently leading the resurrection of the historic Bralorne underground gold mine owned by Avino Silver & Gold Mines Ltd. in British Columbia. He is also a Founder and Director of First Vanadium Corp. which is developing a major Vanadium project in Nevada. He also is a Director and Advisor to European Electric Metals which recently acquired the Skroska Brownfields underground Nickel-Cobalt mine in Albania which the company aims to return to production. Mr. Sveinson is a graduate of the University of Saskatchewan in 1970 with a Bachelor of Science in Mining Engineering. He is also a graduate of the University of Waterloo with a Bachelor of Arts in General Economics in 1985.

Gary Wong, P.Eng. Project QP. B.A Sc in geological engineering. – Mr. Wong is an advanced project explorationist with experience in the Americas & Africa, from grassroots exploration to feasibility studies and mine geology.  His work has included projects in greenstone belts, porphyry systems, and epithermal systems globally.  Integrating modern technology with tried and true exploration methods, Mr. Wong is focussed on applying the most cost effective and efficient methods to generate the most useful information to advance exploration projects.

Helen Jewitt, Office Manager: Extensive secretarial experience with major corporations in the USA and Canada (Hughes Tool Co., Zapata Corporation, Highlands Insurance Co., Coors Bottling Co.  Jimmy Pattison Leasing Company).  Office Manager, Paralegal, and Marketing Co-ordinator TERA Corporation, Berkley, CA, and Director of Business Development, Best Western Plus City Centre, Spokane, WA.

Contact Information

New Nadina Explorations Limited

Box 130,  1215 Greenwood Street
Greenwood, BC  V0H 1J0
Phone: 250-445-2260
Fax: 250-445-2259
Email:
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Investor Relations:

250-445-2260

Home

Silver Queen Property - Owen Lake, BC
(click here for more info)

September 27, 2018 News Release Figures

April 9 2018 Planned drill holes over Geophysics

January 24, 2018  drillhole analysis over geophysics

December 29, 2017 News Release

Silver Queen Blue Zone discovery  click below

  Core Photos #1 Dec 21, 2017

  Core Photos #2 Dec 21, 2017

2016 Silver Queen Property Overview Map see Property Overview MAP May 2016

2015  Silver Queen high silver assay results see Dec 23, 2015 NR

2012-2013 Winter Drill Program results See Apr 8, 2013 NR for most recent ITSIT update.

Monument Property - Lac de Gras, NWT
(click here for more info)

12 known diamond bearing kimberlites discovered with the largest diamond recovered to date being 0.445 carats from the RIP kimberlite.

Newswire

Management Team Update

20-12-2018 Hits:440 2018 News Releases Nadina

December 20, 2018:  GREENWOOD, BRITISH COLUMBIA – New Nadina Explorations Limited (the "Company", TSX VENTURE:  NNA) is pleased to announce that the Company has expanded its Management Team in response to the expanded program currently being developed for the 2019 five-year plan and Notice of Work (NOW) proposals for the Silver Queen Project in BC and the Monument Project in the Northwest Territories. The Silver Queen NOW will include drilling the...

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NEW NADINA’S FREE MINERS CERTIFICATE RE-INSTATED

30-11-2018 Hits:1091 2018 News Releases Nadina

November 30, 2018:  GREENWOOD, BRITISH COLUMBIA – New Nadina Explorations Limited (the "Company", TSX VENTURE:  NNA) announces that its Free Miners Certificate which was suspended on September 13, 2018 has now been reinstated.  The company has complied with the two conditions imposed by the Ministry of Mines under the suspension order: Condition 1- New Nadina must complete a reclamation plan for all outstanding reclamation resulting from their mining activities on the...

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Stock Options Granted

26-10-2018 Hits:538 2018 News Releases Nadina

Oct 26, 2018:  GREENWOOD, BRITISH COLUMBIA – New Nadina Explorations Limited (the "Company", TSX VENTURE:  NNA) is pleased to announce it has granted 700,000 stock options to directors of the company under its incentive stock option plan.  The options are exercisable at $0.10 (ten cents) per share for a period of five years, expiring on Oct 25, 2023.  All options granted are in accordance with the Company Stock Option Plan...

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