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News

New Nadina increases Non-brokered Private Placement

April 21, 2011 GREENWOOD, BRITISH COLUMBIA – New Nadina Explorations Limited (TSX VENTURE: NNA), announces that further to the March 23, 2011 News Release the Company will increase the amount of Flow Through up to $1,000,000 (previously $800,000) for the issuance of up to 10,000,000 common shares at a price of 10 cents per share.

These terms are subject to the approval by the TSX Venture Exchange.

The Company has received the JDS Energy & Mining Inc. report and a brief summary of expenditures and program on the Silver Queen will subsequently follow this news release. The full report will be published on Sedar under the Company file.

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, 1 250 444 1005

 

“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 closes $700,000 Tranche 1

April 1, 2011: GREENWOOD, BRITISH COLUMBIA – New Nadina Explorations Limited (TSX VENTURE: NNA) has closed the first Tranche of the financing announced March 23, 2011.  Flow Through eligible proceeds of $700,000 have been received for seven million shares issued.  The financing consisted of two placees where the MineralFields Group contributed $500,000 and the other participant $200,000.  Finder’s Fees of $40,000 paid in cash and 160,000 units consisting of 1 common share and one warrant to purchase a common share for 15 cents for 12 months were issued.  Shares under this issuance cannot be traded before July 29, 2011.

The current program at the Silver Queen property south of Houston in Central BC includes a Titan 24 Induced Polarization geophysical survey, line cutting, prospecting, alteration mapping, soil sampling,
3D GIS model data compilation followed by core drilling targets resulting from new and expansive areas of exploration.

MineralFields Group (a division of Pathway Asset Management), based in Toronto, Vancouver, Montreal and Calgary, is a mining fund with significant assets under administration that offers its tax-advantaged super flow-through limited partnerships to investors throughout Canada as well as hard-dollar resource limited partnerships to investors throughout the world.  Pathway Asset Management also specializes in the manufacturing and distribution of structured products and mutual funds (including the Pathway Multi Series Funds Inc. corporate-class mutual fund series).  Information about MineralFields Group is available at www.mineralfields.com.  First Canadian Securities ® (a division of Limited Market Dealer Inc.) is active in leading resource financings (both flow-through and hard dollar PIPE financings) on competitive, effective and service-friendly terms, and offers investment banking, mergers and acquisitions, and mining industry consulting, services to resource companies.  MineralFields and Pathway have financed several hundred mining and oil and gas exploration companies to date through First Canadian Securities ®.

ON BEHALF OF THE BOARD

“Signed”

Ellen Clements,

President and Chief Executive Officer

Contact Ellen Clements: 250 444 1005

“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 seven-million-share private placement

2011-03-29 17:56 ET - Private Placement

The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced March 23, 2011.

Number of shares:  Seven million flow-through shares

Purchase price:  10 cents per flow-through share

Hidden placee:  One hidden placee

Insiders:  MineralFields B.C. 2011 Super Flow-Through LP, 1.5 million; MineralFields 2011-IV Super Flow-Through LP, one million; MineralFields 2011 Super Flow-Through LP, 2.5 million

Finders' fees:  $40,000 cash, payable to Limited Market Dealer Inc.; 160,000 finder units comprising one share and one warrant exercisable at 15 cents for one year, payable to Norstar Securities LP.

Passing of former director Alan McAlpine

March 29, 2011  GREENWOOD, BRITISH COLUMBIA – New Nadina Explorations Limited (TSX VENTURE: NNA)  It is with great sadness that the Board announces that Alan M. McAlpine, former officer and director of the company passed away on the weekend.

Al was one of the longest serving members of the Board resigning in February 2003. He was instrumental in providing guidance and clear thinking and even after retirement was dedicated to the advancement and progress of the Company.  He was an extraordinarily kind and gentle man whose calm demeanor added a great dimension to the company's Board.

He will be sadly missed by all those that were fortunate to work with him.  Our thoughts today are with his wife Daisy and their family.  We extend our deepest condolences.

 

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,  1-250-444-1005.

New Nadina to raise $1,200,000 Non-brokered Private Placement

March 23, 2011 GREENWOOD, BRITISH COLUMBIA – New Nadina Explorations Limited (TSX VENTURE: NNA), subject to the approval of the TSX Venture Exchange, plans a non-brokered private placement of up to $1,200,000 of $800,000 Flow Through and $400,000 non flow through priced at 10 cents. The Flow-Through units consist of one common share at a price of 10 cents.   The non Flow-Through units consist of one common share and one warrant that entitle the holder to purchase one common share at a price of 15 cents per share for 12 months.

The Company, in compliance with the guidelines of the TSX Venture Exchange policies, may pay an 8% Finders’ Fees either in cash or in units, where the units consist of one common share and one warrant, where the warrants are exercisable to purchase one common share at $0.15 for one year.  

Proceeds from the placement will be used for 2011 exploration program on the Company’s 100% owned Silver Queen Property, the 57.49% owned Monument Diamond Property (NWT) and for general corporate funds.

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,  1-250-444-1005.

Silver Queen Results

December 16, 2010: GREENWOOD, BRITISH COLUMBIA – New Nadina Explorations Limited (TSX Venture: NNA) summarizes current exploration activities at it’s 100% owned Silver Queen Property located 43 km south of Houston BC. Reference to the program can be obtained from the disseminated MD&A Report dated July 30, 2010.

2010 Drill Program – Summary

Drilling totalling 4109.5 metres was conducted on six areas of the property during September and October of 2010. These areas, designated the IP Anomaly, Drainage Ditch, Camp North, Cole North, Swamp and NG-3 were described in a MD&A dated July 30, 2010.

IP Anomaly:

A 3D IP survey was conducted over an area of the property in 2004 and was followed up in 2005 by drilling of DDH 05S-01 to a depth of 310 metres. This hole encountered heavy disseminated pyrite through most of its length but did not encounter any significant structures or values. A re-interpretation of the geophysical data in 2010 indicated the need for a drill hole approximately 150 metres to the southwest of the location drilled in 2005. DDH 10S-01, drilled NQ2 sized core to a depth of 269 metres, was the first hole of the 2010 program and encountered a silica-pyrite stockwork from 44 metres to 169 metres containing minor amounts of gold, where sampled. The boundaries of the stockwork are gradational, with a gradual decrease in the intensity of veining away from the main body of stockwork such that only isolated silica-pyrite veinlets are encountered at the top and bottom of the hole. The main stockwork coincides with a post-mineral feldspar porphyry dyke swarm, with core length of individual dyke intersections being 0.3 to 9.3 metres. Aside from size, the silica-pyrite veinlets comprising the stockwork are very similar in appearance to the gold-bearing silica-pyrite sections of the No. 3 Vein.

Sample number

From

(metres)

To

(metres)

Core length (metres)

Au (grams/ tonne)

Ag (grams/ tonne)

Copper

%

Description

454134

92

95

3.0

0.10

1.8

0.11

Silica-pyrite veins and stockwork

454136

114.6

115.35

0.75

0.44

4.1

0.04

Silica-pyrite alteration in hangingwall of vein

454137

114.6

115.35

0.75

0.87

16.9

0.04

Duplicate of above Silica-pyrite alteration in hangingwall of vein

454138

115.35

115.48

0.13

1.16

493.5

1.18

7cm carbonate-silica-pyrite-sphalerite vein at 30-40d to CA

454139

125.3

126.3

1.0

0.09

3.0

0.06

Silica-pyrite stockwork

454140

140

143

3.0

0.08

3.0

0.05

Silica-pyrite stockwork

 

 

 

 

 

 

 

These results are encouraging as being indicative of porphyry-style mineralization. Logs for DDH NG-4, a deep vertical hole drilled in 1970 about 200 metres to the west of 10S-01, report similar silica-pyrite stockwork development but samples from that hole were not routinely run for gold. To the south of NG-4, holes 96S-03 and 96S-04 reported silica-pyrite stockwork, but returned lower gold values.

A review of existing geophysical data is planned to define further drill targets or delineate areas where more geophysical work and soil geochemistry would be useful. The large area immediately to the southwest of DDH 10S-01 has seen very little exploration to date and has never been drilled.

Drainage Ditch:

Holes 10S-02 to 10S-04 and 10S-12 were drilled to investigate areas of high-grade zinc mineralization found by trenching in previous years. These holes failed to encounter significant mineralization at depth, presumably due to significant disruption by faulting. No further work is planned for this area.

Camp North:

Holes 10S-05 to10S-11 were drilled to test the Camp North area with the objective of extending the Camp Vein system. Drilling was hampered in this area by extensive heavy overburden, causing the abandonment of one hole without reaching bedrock.

A conductor indicated by an EM-16 survey was drilled and yielded several narrow veins, although metal values were low. It is believed that much of the pyrite found in this area could be of primary origin, and that the area may therefore be prospective for VMS-type deposits. Aside from this program, this area has received very little attention and continues to be of interest.

NG-3:

Six holes were drilled from three locations to test the NG-3 Vein. The structure was rather narrow but showed good continuity. Gold values ranged up to 9.11 g/t and silver values were up to 336.9 g/t. Very little of the structure has been tested so far, and it remains open to the southeast and to depth.

Swamp and Cole North:

Logging and sampling of core from these areas is continuing.

Several targets have been indicated from a preliminary review of existing geophysical data that may warrant conducting a Titan 24 Deep Imaging Survey; specifically in search of porphyry systems such as those which underlie the Huckleberry Property to the south and the Silver Hope property to the northeast of Silver Queen.

Jim Hutter, P.Geo. is the Qualified Person as defined by National Instrument 43-101 on the Silver Queen project, and has reviewed and approved the applicable content of this release.

ON BEHALF OF THE BOARD

“Signed”

Ellen Clements,
President and Chief Executive Officer

“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 completed at Silver Queen

November 2, 2010: GREENWOOD, BRITISH COLUMBIA – New Nadina Explorations Limited (TSX Venture: NNA) summarizes current exploration activities at it’s 100% owned Silver Queen Property located 43 km south of Houston BC. Reference to the program can be obtained from the disseminated MD&A Report dated July 30, 2010.

Twenty six NQ2 sized core holes were drilled in six areas for a total of 4,109.5 metres. Drilling was conducted in six locations: 1) IP anomaly (south), 2) Drainage ditch (old millsite), 3) North Camp, 4) Swamp south, 5) Cole North and 6) NG-3. The location map can be viewed on the Company website. click here

Drilling on both the northern (Camp North) and southern (IP Anomaly) portions of the property encountered indications of the proximity of a porphyry system. The single hole drilled on the IP Anomaly, south of previously known mineralization, encountered 125 metres of quartz-pyrite stockwork interspersed with post-mineral dykes, most being feldspar porphyry.   Six holes were drilled in a new area (Camp North) where felsic tuff and highly pyritic rocks were encountered. Samples taken from core logged to date have been sent to SGS Mineral Services in Vancouver for analysis. Lab turn around is approximately four to six weeks.

Jim Hutter, P.Geo. is the Qualified Person as defined by National Instrument 43-101 on the Silver Queen project, and has reviewed and approved the applicable content of this release.

ON BEHALF OF THE BOARD

“Signed”

Ellen Clements,
President and Chief Executive Officer

“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

NEW NADINA’S FREE MINERS CERTIFICATE RE-INSTATED

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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

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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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2018 Full Drilling results from Silver Queen

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September 27, 2018:  GREENWOOD, BRITISH COLUMBIA – New Nadina Explorations Limited (the "Company", TSX VENTURE:  NNA) is pleased to provide an update and to provide complete results for the three hole drill program at its 100% owned Silver Queen property near Owen Lake, BC. Access to Private Property:  John Jewitt, President, and Tony Jewitt, CFO, are currently onsite at the Silver Queen Property.  In order to facilitate the reinstatement of the...

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