New Destiny Mining Locates Base Metal - Precious Metal Mineralization in Southeast Region of Treasure Mountain Silver Property, Southern British Columbia _____________________________________________________________________________________
NEW DESTINY MINING CORP.
888 Dunsmuir Street, Suite 888
Vancouver, BC V6C 3K4
TSX-V : NED
New Destiny Mining Locates Base Metal - Precious Metal Mineralization
in Southeast Region of
Treasure Mountain Silver Property, Southern British Columbia
_____________________________________________________________________________________
Vancouver, British Columbia – January 30, 2019 – New Destiny Mining Corp. (TSXV:
NED), (the “ Company” or “ NED”) is pleased to announce it has received the second batch of
analytical results from the 2018 exploration program on its Treasure Mountain Silver Base Metal
- Precious Metal Property, southern B.C. The results are for rock grab samples collected in the
southeast region , including significant analyses for base and precious metal s, tellurium and
anomalous indium values. The first batch of 2018 sample analyses included significant gold
analyses from the east-northeast regions. Rock sample highlights from the 2018 program include.
• 11.3 & 8.81 grams per tonne (g/t) gold in the east-northeast regions (News Release of
July 26, 2018).
• Up to 1.45% zinc, 122 g/t silver, 0.87 g/t gold, 57 g/t tellurium and 12.3 g/t indium in
the southeast region.
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The Treasure Mountain Silver Property of NED partially surrounds the Treasure Mountain
Property of Nicola Mining Inc. which hosts polymetallic veins and the historic Treasure Mountain
silver-lead-zinc mine (TSXV:NIM). The Treasure Mountain Silver Property is also located
approximately 37 kilometers southwest of the Shovelnose Gold Property of Westhaven Ventures
Inc. (TSXV: WHN). Westhaven Ventures recently reported a diamond drill intersection of 8.95
g/t gold and 65.47 g/t silver over 46.2 meters (core length) at the Shovelnose Property.
The Treasure Mountain Silver Property hosts multiple occurrences of silver, gold, lead, zinc and /
or copper; and two copper - molybdenum occurrences. Copper and nickel mineralization is also
reported locally in the northern region of the property.
The second batch of analytical results are for 2018 rock samples collected in the southeast region
of the Treasure Mountain Silver Property. The Rio Grande gold -silver-zinc-lead occurrence is
reported in this region of the property. An area of sulfide mineralization in outcrop was located
during the 2018 program northwest of the reported location of the Rio Grande occurrence.
Outcrop grab samples returning higher values for various metals from this area include:
Zn Pb Cu Ag Au Te In
Sample No. Sample type % % % g/t g/t g/t g/t
118815 Grab 1.45 0.26 0.02 83.9 0.158 19.65 10.3
118816 Grab 0.95 0.37 0.40 122 0.239 42.5 12.3
118817 Grab 0.36 0.11 0.04 61.2 0.201 57.1 3.22
118818 Grab 1.29 0.81 0.02 12.2 0.06 4.3 8.89
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Samples 118816 and 118817 are from a massive sulfide vein exposure. The vein at this exposure
is approximately 10 -15 centimeters wide , striking northeast -southwest. Samples 118815 and
118818 were from sulfide bearing sheared exposures.
The Company also conducted trenching during 2018 in the south east region of the property.
Numerous outcrop grab samples f rom one trench returned anomalous gold values. This included
three samples returning 0.877, 0.46 and 0.359 g/t gold. The host rock in this trench is a pyrite
bearing schistose rock.
The 2018 rock samples were analyzed at ALS Canada in North Vancouver . The samples were
analyzed for gold by Fire Assay - Atomic Absorption (AA) and for 48 elements by ICP -MS.
Samples over the upper limits for silver and / or zinc were re -analyzed for these elements by four
acid ICP-AES.
Some highlights of reported historic work within the Treasure Mountain Silver Property include
(as per British Columbia MINFILE and Mineral Assessment Report Records):
• Rainy (Cedarflat) occurrence (north -central region): 2011 grab samples from rock piles
near an adit were reported to return 6.5, 7.4 and 11.9% zinc.
• Spokane (northeast region near Jim Kelly creek): A sample reported in 1913 of 4.11 g/t
gold over 0.9 meters across the zone.
• John Bull (northeast region near Jim Kelly creek): A channel sample reported in 1937 of
9.6 g/t gold over 0.18 meters across a quartz vein.
• Railroad creek area copper showing (east region north of Railroad creek): Two 2011 grab
samples from rock piles near adits were reported to exceed 1% copper and up to 76.4 g/t
silver.
• Rio Grande (southeast region): A 1.5 meter chip sample across a shear zone was reported
in 1929 to return 1.2% zinc.
Readers are warned that his torical records referred to in this News Release have been examined
but not verified by a Qualified Person. Further work is required to verify that historical records
referred to in this News Release are accurate.
David Martin, P.Geo., a Qualified Person as defined by NI 43-101, is responsible for the technical
information contained in this News Release.
ON BEHALF OF THE BOARD OF DIRECTORS
“Robert Birmingham”
Director
604-488-3900
Forward Looking Information
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This news release includes certain statements that constitute “forward -looking information” within the
meaning of applicable securities law, including without limitation, the Company’s information and
statements regarding or inferring the future business, operations, financial performance, prospects, and
other plans, intentions, expectations, estimates, and beliefs of the Company. Such statements include
statements regarding the completion of the proposed transactions. Forward -looking statements address
future events and conditions and are necessarily based upon a number of estimates and assumptions. These
statements relate to analyses and other information that are based on forecasts of future results, estimates
of amounts not yet determinable and assumptions of management. Any statements th at express or involve
discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or
future events or performance (often, but not always, using words or phrases such as “expects” or “does not
expect”, “is expected”, “anticipates” or “does not anticipate”, “plans”, “estimates” or “intends”, or stating
that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be
achieved), and variations of such words, and similar expr essions are not statements of historical fact and
may be forward-looking statements. Forward-looking statement are necessarily based upon several factors
that, if untrue, could cause the actual results, performances or achievements of the Company to be
materially different from future results, performances or achievements express or implied by such
statements. Such statements and information are based on numerous assumptions regarding present and
future business strategies and the environment in which the C ompany will operate in the future, including
the price of gold and other metals, anticipated costs and the ability to achieve goals, and the Company will
be able to obtain required licenses and permits. While such estimates and assumptions are considered
reasonable by the management of the Company, they are inherently subject to significant business,
economic, competitive and regulatory uncertainties and risks including that resource exploration and
development is a speculative business; that environmental laws and regulations may become more
onerous; that the Company may not be able to raise additional funds when necessary; fluctuating prices of
metals; the possibility that future exploration, development or mining results will not be consistent with
the Company’s expectations; operating hazards and risks; and competition. There can be no assurance that
economic resources will be discovered or dev eloped. Accordingly, actual results may differ materially
from those currently anticipated in such statements. Fa ctors that could cause actual results to differ
materially from those in forward looking statements include continued availability of capital and financing
and general economic, market or business conditions, the loss of key directors, employees, advisors or
consultants, equipment failures, litigation, competition, fees charged by service providers and failure of
counterparties to perform their contractual obligations. Investors are cautioned that forward -looking
statements are not guarantees of future perf ormance or events and, accordingly are cautioned not to put
undue reliance on forward -looking statements due to the inherent uncertainty of such statements. The
forward-looking statements included in this news release are made as of the date hereof and the Company
disclaims any intention or obligation to update or revise any forward -looking statements, whether as a
result of new information, future events or otherwise, except as expressly required by applicable securities
legislation.
Neither 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