New Nadina at Minerals North, April 26-27, 2017
April 20, 2017 GREENWOOD, BRITISH COLUMBIA – New Nadina Explorations Limited (the “Company”, TSX VENTURE: NNA) announces they will attend the Minerals North conference at Prince George Conference & Civic Centre April 26-27, 2017. Booth #74.
Update on Silver Queen Property (South of Houston BC near Owen Lake)
Diamond drilling is planned to test and extend the high grade silver veins (NR Dec 23, 2015) intercepted deep within the Itsit copper, molybdenum, gold porphyry. The size of the drill program is anticipated to be 4,000 meters but is variable depending on funds available. Although the Company is seeking a Joint Venture partner, the immediate funding needs will likely consist of a financing offering first to the existing shareholders then to accredited or other qualified investors.
The Company is expecting shortly the decision from the Surface Rights Board (SRB) hearing held in early March regarding drilling on surface of private property. The application requested we be allowed to drill in non-winter versus winter. Past experience proved that the weather at this site is unpredictable, subject to periods of thawing and rain, especially in January and February therefore operating conditions imposed could not be met. The Company has no control over unpredictable weather conditions and damage to surface in winter drilling might be greater than in non-winter.
Monument Diamond Property:
An application for a two year extension to the Land Use Permit will be submitted prior to the September 2017 expiry. A small program is planned for this season.
See our website www.nadina.com for further information and for our updated Fact Sheet see “2017 0331 Fact Sheet” on the Home Page.
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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