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News

SILVER QUEEN WORK PERMIT RECEIVED

September 11, 2012 GREENWOOD, BRITISH COLUMBIA – New Nadina Explorations Limited (TSX VENTURE: NNA) is pleased to announce that an exploration work permit has been granted for the Silver Queen property located near Owen Lake south of Houston BC. 

The Company wishes to thank Jim Hutter, P.Geo., for his many years of assistance and support on the Silver Queen project. The Company is currently seeking a qualified person for the upcoming programs.

Peter Kowalczyk continues as the company geophysical consultant providing drill target guidance and support working with Nasreddine Bournas, PhD, PGeo, of Quantec Geoscience who summarized the 2011 and 2012 geophysical program. Nasreddine commented to the report “The 3D DCIP inversion results supported by the MT inversions of the Titan 24 data acquired at Silver Queen show spectacular zones of chargeability high occurring in coincidence with zones of resistivity low and consistent with the evidence of the possible existence of a unique porphyry system of high tonnage of mineralization”. 

During the next 10 months we plan to drill test three targets within the anomaly produced from the spring 2012 geophysical program. (refer NR Mar 28,2012 and plan map on company website.) If warranted, trenching has also been permitted.  Drilling in 2011 discovered the Itsit porphyry (Target B) with significant mineralized intersections carrying values in gold, copper and molybdenum. The geophysical program completed in March 2012 suggests that the Itsit porphyry is a body of considerable size that may include higher grade zones, the identification of which will be a major objective in the upcoming drill program.  Targets A and C are adjacent (west and east) to the Itsit with both appearing to be near surface.

ON BEHALF OF THE BOARD

“Signed”

Ellen Clements,

President and Chief Executive Officer

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

or contact Ellen Clements: 1 (800) 856-3966,  or email This email address is being protected from spambots. You need JavaScript enabled to view it.

“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.”

Shares for Debt Settlement

 

September 7, 2012 GREENWOOD, BRITISH COLUMBIA – New Nadina Explorations Limited (the “Company”) (TSX VENTURE: NNA) announces that, subject to the approval of the TSX Venture Exchange (the "Exchange") for the shares for debt transaction. The Company will issue 1,526,740 Units at a deemed price of $0.10 per Unit in settlement of an outstanding debt to Quantec Geoscience Ltd. in the amount of $152,673.58 (dated for reference August 7, 2012). Each Unit consists of 1 common share of the Company and 1 share purchase warrant having a 2 year term for the purchase of 1 further common share of the Company at the exercise price of $0.10 per share for the first year and $0.15 in the second year.

The Shares and any warrants exercised are subject to a four-month hold period under the policies of the Exchange.

ON BEHALF OF THE BOARD

“Signed”

Ellen Clements,

President and Chief Executive Officer

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

or contact Ellen Clements: 1 (800) 856-3966, or email This email address is being protected from spambots. You need JavaScript enabled to view it.

 “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.

NEW NADINA INCREASES SIZE OF “ITSIT” COPPER-MOLY-GOLD PORPHYRY

March 28, 2012 GREENWOOD, BRITISH COLUMBIA – New Nadina Explorations Limited (TSX VENTURE: NNA) announces the completion of the 2012 winter geophysical program conducted by Quantec Geoscience. During February and March six east-west lines, (21.6 line kilometers) surrounding the Itsit discovery were completed using Titan24, DCIP and MT technology. The 100% owned Silver Queen property is located near Owen Lake 40 kilometers south of Houston, BC.

The Company is happy to report the 2012 Titan24 survey has dramatically increased the size potential of the Itsit deposit discovered in 2011. The deposit is now seen to lie within a geophysical target with an area of approximately 3 square kilometers and a depth extent in excess of 800 meters. The geophysical anomaly is well defined with a size of 1.5km by 2.5km. The limits of the newly discovered Itsit zone are not closed off in any direction within this anomaly. The geophysical response is indicative of a large porphyry type deposit. This interpretation is supported by the 2011 drilling, with a good correlation between high chargeability zones identified by the Titan24 survey and stock-work mineralization encountered in the 2011 drill holes.   Drill hole 11S‑13 confirms that the mineralization extends to at least 777m depth and is open at depth. The present geophysical assessment is that the best geophysical targets are in the core of the new IP anomaly. The magneto-telluric data acquired by the Titan24 survey indicates that higher conductivity features can be localized within the target mapped by the induced polarization and DC resistivity anomaly. These may indicate zones of increased sulfide content or brecciation. Within the 3 square kilometer induced polarization target, excellent potential exists for the discovery of localized higher grade zones of porphyry mineralization. The identification of near surface targets of higher grade will be the focus of the geophysical interpretation used to direct drilling in the 2012 field season.

The 2011 drill program resulted in the discovery of the Itsit porphyry with significant mineralized intersections carrying values in gold, copper and molybdenum. Core samples (NR Dec. 21, 2011) indicate multiple pulses of mineralization in stockwork suggesting good potential for higher grade zones within the deposit. Multiple episodes of mineralization tend to improve both the size and the grade of porphyry deposits. The recently completed geophysical program suggests that the Itsit porphyry is a body of considerable size that may include higher grade zones, the identification of which will be a major objective of the 2012 program. Also, metal zonation is a common feature of porphyry deposits resulting in relative enhancement of one or more of the constituents, which in some cases can improve the economics of deposits. The limited drilling done to date indicates differing metal ratios in different parts of the deposit, suggesting that studies of metal zonation will be an important part of the exploration of this deposit.

As an illustration of the potential size of this deposit, DDH 11S-13 encountered just under 700 metres of nearly continuous mineralization (NR Dec. 21, 2011). The lower 250 metres of this hole exhibited strong silicification and spectacular fluorite development and was well mineralized with copper and molybdenite. The hole was stopped in this strong mineralization with the casing left intact to allow for further deepening and possible downhole geophysics.

The Quantec Geoscience report summarizing both 2011 and 2012 geophysical programs has been prepared by Nasreddine Bournas, PhD, PGeo, who reports “The 3D DCIP inversion results supported by the MT inversions of the Titan 24 data acquired at Silver Queen show spectacular zones of chargeability high occurring in coincidence with zones of resistivity low and consistent with the evidence of the possible existence of a unique porphyry system of high tonnage of mineralization”. Selected figures displaying the inversion model as well as a plan view will be made available on the company website. (click here for images of model)

Peter Kowalczyk is the company geophysical consultant and will provide ongoing drill target guidance and support. Encouraging results of the Titan24 DCIP and MT geophysical data at the Silver Queen project have been interpreted and presented by Quantec Geoscience. Geophysical data referenced in this press release has been reviewed by Peter Kowalczyk, P.Geo., a qualified person within the terms of NI 43-101 standards and who approves the applicable content of this release.

This news release has been reviewed by Jim Hutter, P.Geo., the Qualified Person on the Silver Queen project, as defined by National Instrument 43-101, who approves the applicable 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

or contact Ellen Clements: 1 (800) 856-3966, or email This email address is being protected from spambots. You need JavaScript enabled to view it.

“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.”

ITSIT PORPHYRY

ITSIT PORPHYRY

248m of 0.435% and 258m of 0.384% Copper Equivalent including 11m of 0.678%

December 21, 2011 GREENWOOD, BRITISH COLUMBIA – New Nadina Explorations Limited (TSX VENTURE: NNA) reports discovery drill hole assays on the copper-molybdenum-gold porphyry Itsit deposit (Titan Target B) at the 100% owned Silver Queen property, south of Houston., BC.

During September and October, thirteen holes (4,490.2 m) were drilled, six (1,723.5m) into Target A and seven (2,766.7m) were directed at Titan Target B. Titan A target was interpreted to be a potential vein type system of the Silver Queen type. Diamond drilling failed to intersect a likely source for this anomaly. Refer NR Dec16/11.

Target B, a conductive zone with an associated high chargeability, located to the southeast of the Silver Queen No3 Vein system, was proven to be a copper-molybdenum and gold deposit where mineralization is contained within a stockwork zone within quartz-feldspar porphyry. Three of the seven holes, were successful in intersecting encouraging grade. Drill footage fell short of the originally planned 10,000 meters as drilling difficulties were encountered due to a clay and water-bearing fault zone located directly above the mineralized zone. Drilling difficulties were overcome in the later holes by drilling down to the mineralized zone with HQ rods and then reducing to NQ once the rock was competent. The HQ rods thereby serve as casing for the NQ string and allow drilling to continue without hindrance from the constricting clay zone.

A section map illustrating the results is available on the Company website: www.nadina.com  (click here for map)

Silver Queen 2011 Diamond Drilling, ITSIT Deposit, Target B

 

HOLE ID

EAST

NORTH

ELEV (m)

LENGTH (m)

Azimuth (UTM)

DIP

11S-01

650423

5994603

865.5

572

90

-80

11S-03

650423

5994603

865.5

288

270

-70

11S-06

650276

5994741

858

361.5

86.5

-73.3

11S-09

650229

5994737

861.5

189.2

280

-80

11S-10

650141

5994606

849

72

268

-68.5

11S-12

650177

5994806

876

507

85

-75

11S-13

650180

5994662

853

777

82

-76.5

 

 

 

 

Total: 2,766.7

 

 

Results from Target B holes are presented in summary form below:

Assay Summaries,     ITSIT Deposit, Target B

 

 

 

11S-01

 

 

 

 

 

 

From (m)

To (m)

Length (m)

Au (g/t)

Cu (%)

Mo (%)

Cu Equiv (%)

248

263

15

0.034

0.216

0.011

0.284

263

312.2

49.2

0.019

0.066

0.0015

0.085

321.17

512

190.83

0.029

0.121

0.0020

0.149

512

536.53

24.53

0.051

0.219

0.0026

0.265

549.65

572 EOH

22.35

0.025

0.116

0.0046

0.152

11S-03

Rods stuck - lost hole at 288m – Hole bottomed in mineralization

From (m)

To (m)

Length (m)

Au (g/t)

Cu (%)

Mo (%)

Cu Equiv (%)

208.4

288

79.6

0.123

0.230

0.0010

0.321

including

 

 

 

 

 

 

208.4

219

10.6

0.114

0.210

0.0010

0.294

219

234

15

0.076

0.162

0.0019

0.223

234

252

18

0.128

0.212

0.0005

0.304

252

264

12

0.198

0.321

0.0010

0.464

264

276.55

12.55

0.114

0.292

0.0009

0.376

276.55

280.3

3.75

0.008

0.002

0.0003

0.009

280.3

288 EOH

7.7

0.174

0.306

0.0011

0.432

11S-06

Hole stopped at 361.7m due to squeezing clay – encountered strong mineralization

From (m)

To (m)

Length (m)

Au (g/t)

Cu (%)

Mo (%)

Cu Equiv (%)

112.79

361.7

248.91

0.12

0.197

0.041

0.435

including:

 

 

 

 

 

 

112.79

135

22.21

0.06

0.123

0.026

0.263

135

147

12

0.08

0.202

0.051

0.454

147

168

21

0.10

0.204

0.041

0.435

168

180

12

0.06

0.106

0.024

0.240

180

195

15

0.06

0.160

0.033

0.332

195

228

33

0.06

0.134

0.056

0.394

228

243

15

0.32

0.222

0.041

0.606

243

255

12

0.10

0.193

0.024

0.354

255

267

12

0.14

0.195

0.031

0.415

267

279.7

12.7

0.11

0.164

0.024

0.333

279.7

291

11.3

0.16

0.247

0.082

0.678

291

312

21

0.13

0.261

0.028

0.461

312

336

24

0.14

0.254

0.041

0.510

336

354

18

0.14

0.260

0.060

0.590

354

361.7 EOH

7.7

0.14

0.300

0.040

0.552

11S-09

 

 

 

 

 

 

From (m)

To (m)

Length (m)

Au (g/t)

Cu (%)

Mo (%)

Cu Equiv (%)

98.1

172

73.9

0.028

0.010

0.007

0.054

including:

 

 

 

 

 

 

120

141

21

0.040

0.013

0.011

0.085

11S-10

abandoned at 72m due to excessive water flow. No significant values.

11S-12

 

 

 

 

 

 

From (m)

To (m)

Length (m)

Au (g/t)

Cu (%)

Mo (%)

Cu Equiv (%)

300.65

307.45

6.8

0.335

0.011

0.002

0.254

407.65

408.8

1.15

0.14

0.163

0.014

0.315

11S-13

Cored 693m of near continuous mineralization – open to depth

 

From (m)

To (m)

Length (m)

Au (g/t)

Cu (%)

Mo (%)

Cu Equiv (%)

84.35

330.55

246.2

0.054

0.099

0.016

0.208

including:

 

 

 

 

 

 

84.35

120

35.65

0.081

0.028

0.010

0.123

120

162

42

0.031

0.076

0.016

0.160

162

216

54

0.046

0.125

0.038

0.301

216

256.1

40.1

0.067

0.142

0.015

0.245

256.1

283.35

27.25

0.051

0.043

0.0013

0.084

283.35

330.55

47.2

0.055

0.137

0.019

0.249

340.9

508.8

167.9

0.038

0.0978

0.005

0.143

including:

 

 

 

 

 

 

340.9

354

13.1

0.029

0.124

0.036

0.282

354

388.55

34.55

0.040

0.046

0.0008

0.077

388.55

498

109.45

0.040

0.100

0.0004

0.130

498

508.8

10.8

0.026

0.207

0.025

0.321

519

777

258

0.035

0.196

0.043

0.384

including:

 

 

 

 

 

 

519

564

45

0.053

0.189

0.044

0.395

564

585

21

0.050

0.255

0.051

0.485

585

645

60

0.041

0.233

0.039

0.412

645

669

24

0.025

0.164

0.042

0.341

669

684

15

0.022

0.152

0.029

0.280

684

696

12

0.025

0.200

0.033

0.343

696

720

24

0.020

0.169

0.059

0.409

720

732

12

0.013

0.135

0.027

0.250

732

756

24

0.027

0.215

0.045

0.406

756

777

21

0.026

0.159

0.045

0.351

Copper equivalent values are provided for comparison purposes only, and do not take into account differences in metal recoveries or smelter charges, or price changes or other factors which could affect the actual value of the mineralized material. Copper equivalent values stated here are based on the following prices, current as of December 9, 2011:

Au: $55.00 USD/g   Cu: $7.80 USD/kg     Mo: $30.00 USD/kg

Hole 11S-01 entered the mineralized zone at a depth of 248 meters bottoming in mineralization at 572 meters. The core was weakly to moderately mineralized with the best values seen in the lower part of the hole.

Hole 11S-03 passed out of the fault zone at a depth of 208.4 meters and continued to 288 meters, at which point the hole was lost due to seizing of the rods by the squeezing clay layer above. The hole bottomed in mineralization. Prior to end of hole, visual increase in mineralization was seen as confirmed later by assay data. Every attempt was made to continue the hole and rods were lost.

Hole 11S-06 encountered strong mineralization at 112.79 meters which was continuous throughout the remainder of the hole. The hole was stopped in mineralized stockwork at 361.7 meters due to constriction of the rods before reaching target depth. The 248.91m averaging 0.435% copper equivalent is highly encouraging as the deeper grades showed increased values. The fault zone causing the drill problems has been mapped and future drill holes to test this section of the anomaly can be drilled entirely beneath the shallow dipping fault by situating holes to the west of its surface trace, therefore avoiding the obstacles encountered in these initial discovery holes.

Holes 11S-09 and 11S-10 passed through the fault zone but did not encounter the mineralized quartz-feldspar porphyry body. Both holes were abandoned before their intended depth due to difficult drilling conditions.

Hole 11S-12 passed out of the fault zone at 32.2 meters but did not encounter the quartz-feldspar porphyry. The hole was drilled to 507 meters and returned only occasional narrow intervals of mineralization.

Drill hole 11S-13 encountered the mineralized zone at a depth of 84.35 meters and cored 693 meters of nearly continuous mineralization to a depth of 777 meters, where it was stopped while still within strong mineralization. The hole was ended on the drill contract expiry date and the casing remains intact and capped for re-entry for deepening and conducting down hole geophysics.

The Itsit deposit lies within a geophysical anomaly that extends 950 meters north-south and is open to the north and south of the Titan24 survey grid. The depth extent of the deposit is also unknown as the geophysical data limits do not close off the anomaly at depth. Further geophysics followed by a large drill program will be necessary to obtain a better understanding of the size potential.

We are pleased with the three holes that encountered good mineralization. A new deposit with potential for a large ore body has been found. Information gathered this year will guide further advancement in 2012. We see good mineralization, the anomaly size can be increased and geophysics indicates potentially higher grade areas within the deposit. Mapping and use of appropriate equipment will help to overcome the drilling problems. The property is fully accessible year round and located within an area supportive to the mining community.

Rob Hearst, P.Geo., at Quantec Geoscience Ltd. comments, “Titan 24 is a high powered, state-of-the-art, deep penetrating, direct current resistivity, induced polarization and magnetotelluric ground based survey system operated by Quantec Geoscience Ltd. of Toronto, Ontario.  In the application of the system to the Silver Queen property, after inversion depths for the direct current resistivity and induced polarization of over 550m and depths with the magnetotellurics of over 1500m were obtained.”

Interpretation of geophysical data at the Silver Queen project is ongoing at the Advanced Geophysical Interpretation Centre of Mira Geoscience in Vancouver, BC. The ZTEM, aeromagnetic, and Titan24 data will be used in conjunction with the ongoing programs at the Silver Queen project. Geophysical data referenced in this press release has been reviewed by Peter Kowalczyk P.Geo., a qualified person within the terms of NI 43-101 standards.

This news release has been reviewed by Jim Hutter, P.Geo., the Qualified Person on the Silver Queen project, as defined by National Instrument 43-101, who approves the applicable 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

or contact Ellen Clements: 1 (800) 856-3966, or email This email address is being protected from spambots. You need JavaScript enabled to view it.

“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.”

PARTIAL ASSAYS – SILVER QUEEN

December 16, 2011 GREENWOOD, BRITISH COLUMBIA – New Nadina Explorations Limited (TSX VENTURE: NNA) reports partial results from the 2011 drilling. Results from Target A and selected high grade sample from hole 11S-13 are provided. There has been a delay in the compilation of the 2011 recent drill core assay results from the porphyry Titan Target B and these will be provided separately.

High grade assay result received from the sample shown on the website (refer to the website image with the Tooney). Drill Hole 11S-13 ended in good mineralization at 777m with casing from intact for re-entry to deepen the hole.

DDH 11S-13 From 172.6 to 172.82 m, H size core length of 22 cm assayed Mo 3.9%, Cu 0.179%

Drilling directed at the Titan Target A was defined by geophysics programs conducted earlier in the year. Holes 11S-02, -04, -05, -07, -08 and 11, totaling 1723.5 meters, did not encounter significant intersections. The target areas were defined by the combined use of Geotech’s ZTEM airborne and Quantec’s Titan 24 DCIP and MT ground geophysics. Due to the wide spacing of the Titan 24 lines, there is some uncertainty about the strike of Target A. Drill results to date for Target A have do not appear to have intersected a likely source of the geophysical anomaly and the anomaly remains untested. The geophysical data and drilling done to date is being assessed to determine how to best test this anomaly.

Table 1: Silver Queen 2011 Diamond Drilling, Target A

 

 

HOLEID

EAST

NORTH

ELEV (m)

LENGTH (m)

AZIMUTH (UTM)

DIP

11S-02

649422

5994430

846

503.5

83

-70

11S-04

649815

5994535

865

278

231

-70

11S-05

649815

5994535

865

260

230.5

-45.5

11S-07

649798

5994522

864.5

275

312

-70.8

11S-08

649798

5994522

864.5

212

272

-70

11S-11

649879

5994283

823.5

195

270

-70

Results from Target A holes are presented in summary form below:

Table 2: Assay Summaries, Target A:

From (m)

To (m)

Length (m)

Au (g/t)

Cu (%)

Mo (%)

Cu Equiv (%)

11S-02

 

 

 

 

 

 

194.5

218.5

24

0.080

0.0081

0.0007

0.067

449.5

461.5

12

0.434

0.016

0.0006

0.324

480

492.9

12.9

0.061

0.019

0.0015

0.068

11S-04

 

 

 

 

 

 

80

92

12

0.094

0.0073

0.0004

0.075

110

122

12

0.055

0.011

0.0011

0.054

209

215

6

0.104

0.029

0.0024

0.112

11S-05

 

 

 

 

 

 

203

206

3

0.06

0.026

0.0004

0.069

206

218

12

0.13

0.098

0.0005

0.194

11S-07

no significant values

 

 

 

11S-08

 

 

 

 

 

 

134

140

6

0.07

0.006

0.0005

0.058

140

152

12

0.20

0.004

0.0008

0.148

11S-11

 

 

 

 

 

 

110

152

42

0.20

0.022

0.0019

0.170

including:

 

 

 

 

 

 

131

143

12

0.60

0.053

0.003

0.489

Copper equivalent values are provided for comparison purposes only, and do not take into account differences in metal recoveries or smelter charges, or price changes or other factors which could affect the actual value of the mineralized material. Copper equivalent values stated here are based on the following prices, current as of December 9, 2011:

Au: $55.00 USD/g

Cu: $7.80 USD/kg

Mo: $30.00 USD/kg

Interpretation of geophysical data at the Silver Queen project is ongoing at the Advanced Geophysical Interpretation Centre of Mira Geoscience in Vancouver, BC. The ZTEM, aeromagnetic, and Titan24 data will be used in conjunction with the ongoing programs at the Silver Queen project. Geophysical data referenced in this press release has been reviewed by Peter Kowalczyk P.Geo., a qualified person within the terms of NI 43-101 standards.

This news release has been reviewed by Jim Hutter, P.Geo., the Qualified Person on the Silver Queen project, as defined by National Instrument 43-101, who approves the applicable 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

or contact Ellen Clements: 1 (800) 856-3966, or email This email address is being protected from spambots. You need JavaScript enabled to view it.

“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.”

DRILLING CONFIRMS PORPHYRY AT SILVER QUEEN

December 8, 2011 GREENWOOD, BRITISH COLUMBIA –New Nadina Explorations Limited (TSX VENTURE: NNA) expects to release the 2011 recent discovery drill core assay results during the week of Dec 12, 2011. The half century search has revealed the potential for a significant size copper, molybdenum, gold porphyry deposit (Target Titan B) at the Silver Queen property. The property was last in production by the Bradina JV in the 1970’s on the No 3 Vein system. The property is strategically located at Owen Lake, south of Houston BC on the Owen/Morice road which continues to Huckleberry mine.  The property surface is privately owned with established onsite facilities.

The discovery deposit lies within a geophysical anomaly that extends 950 meters north-south and is open to the north and south.  Additional geophysical anomalies lie nearby to the west of the drilled targets.  The 2011 drilling within this anomaly trend is open in all directions. An image of “Target B” overlain on the Google Earth image is available on the Company website. Drilling as well as new geophysical lines to the north and south will be necessary to increase the size. The depth extent of the deposit is also unknown.  The geophysical data does not close off the anomaly at depth.  Drill hole 11S-13 ended in good mineralization at 777m. Diamond drilling will continue in 2012 as well as further geophysics. Casing from the deepest hole (11S-13 – 777m) remains intact for re-entry.

All results should be received from the lab early the week of Dec 12th and we expect to report drill hole assay results once compiled. There were 810 samples from 2,035 meters of sawn drill core from the porphyry discovery sent for analyses.

The bulk tonnage deposit, named “Itsit” is no longer just a vision or a dream but a reality.  This hidden bulk tonnage porphyry was first sought after in the ‘60’s by Kennco.  The search for the elusive source of the 20 plus vein system that encompass our property has been vindicated. Attempts to locate the porphyry system by Kennco in the 1960s were unsuccessful.  Advances in geophysics since that time have made this discovery possible.  Intensive study and the combined use of Geotech’s ZTEM airborne and Quantec’s Titan 24 DCIP and MT ground geophysics with expert geophysical interpretation provided the necessary information to target and drill this mineralized body. 

The key to our success is determination and utilization of the most sophisticated current geophysical techniques offered to today’s mineral explorer. The Itsit discovery gives us further reason to expand our 2012 geophysical lines to first further define the target extent of this large anomaly as well as find additional targets. Porphyry deposits are known to form in clusters and we feel the Silver Queen property potential for more is high.  Porphyries are generally low grade and contain considerable volume to provide a long mine life. Current metal prices remain high and information on monetary value and historical price ranges can be found on the internet. 

The Company also wishes to advise that the 750,000 share warrants with expiry dates of October 29, 2011 have been issued. There was $75,000 realized from this exercise of which an insider participated for 250,000 shares.

This news release has been reviewed by Jim Hutter, P.Geo., the Qualified Person on the Silver Queen project, as defined by National Instrument 43-101, who approves the applicable 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

or contact Ellen Clements: 1 (800) 856-3966,  or email This email address is being protected from spambots. You need JavaScript enabled to view it.

“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.”

Newswire

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