Drill Program to test High grade Silver
New Nadina Explorations Limited TSX-V-NNA
Box 130, 298 Greenwood Street Greenwood BC V0H 1J0
Phone (250) 445 2260, Fax (250) 445 2259 [email protected]
News Release
Drill Program to test High grade Silver
May 24, 2017 GREENWOOD, BRITISH COLUMBIA – New Nadina Explorations Limited (TSX VENTURE: NNA)
has received a favorable decision from the Surface Rights Bo ard (SRB) to explore on private property at its 100%
owned Silver Queen property near Houston BC at Owen La ke. The decision comes from a hearing held in March
where the Company requested a right to enter to conduct non-winter drilling and clarification of prior rights on
DL3425. The Order grants that New Nadina shall have the right of entry to and access across certain privately owned
lands and can commence drilling September 1, 2017 or on an earlier date if agreed to by the landowner. Conditions
conform to the existing permit to work.
Approximately 5,200 metres of drilling (12 holes) will test a 250m area of the 12S-05 NG3 Vein intercept area. This
vein is epithermal within the porphyry and is close to a steeply plunging cylindrical shape where geophysics shows a
non-chargeable but very conductive resistivity low signature that could indicate massive sulphides. This anomalous
system will also be drill tested.
Funds will be raised to finance the September drill progr am where drilling will be from two sites located in the
northwest section of the Itsit Porphyry deposit. The vein in tercept is located 300 metres further east of the previously
known easterly extent of the NG-3 Vein and contains higher s ilver than elsewhere. This epithermal section of the vein
is much higher grade, is of substantial width and within a sizable unexplored area.
12S-05 AZ (UTM): 303° Inclination: -65.2° Hole Depth: 777m
Depth
(m)
True width
(m)
Silver
(g/t)
Gold
(g/t)
Copper
(%)
Lead
(%)
Zinc
(%)
332.5 to 338.0 2.2 1,580.8 3.15 1.25 0.90 0.48
410.5 to 419.75 3.70 166.6 2.3 0.26 0.22 0.90
The NG3 vein is open to depth and to the east. It is not seen in surface outcrops due to glacial till overburden. The goal
of the proposed drill program is to pr ove substantial value that will justify underground work including drifting and
diamond drilling which would be directed towards proving a resource estimate. Surface drilling is required initially to
test this target prior to making the decision for more exte nsive underground work, whether by a new decline or by an
extension of the existing workings.
The Company will do its best to keep disturbance to a mi nimum and leave the land in good condition on completion of
drilling.
James Hutter, PGeo., a qualified person as defined under 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
or contact Ellen Clements: 1 (250) 444-1005, or email [email protected]
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