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New Nadina Explorations Ltd.

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Summary

Project:

Silver Queen

Deposit:NG-3 Vein
Location:Canada
Commodities:Gold-Silver-Copper-Lead-Zinc
Date:12/29/2017
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:29-12-2017: New Nadina Explorations Ltd. announces an Exploration/Drilling Update report for its NG-3 Vein deposit at the Silver Queen project. Drilling results incl. 0.67m @305g/t Ag, 12.73g/t Au, 0.21% Cu from 176.55m. December 29, 2017 GREENWOOD, BRITI
Resources:x
CP/QP:[Overall Report]: Mathias Westphal (Not stated)
ABSTRACT:December 29, 2017 GREENWOOD, BRITISH COLUMBIA – New Nadina Explorations Limited (TSX VENTURE: NNA). The Company provides assay results on drill holes 17S-01 and 17S-02 with 17S-03 to follow as soon as available. Figures showing drill hole information will be posted to the website (2017 Drill program images.pdf). The standards had Cu reported by method UT2 (Aqua Regia Partial Extractions) in the 0.8 – 1.2% range, and, therefore, 33 samples, including the 3 standards, were re-assayed using 0.5g aqua regia digestion / ICPOES, which caused significant delay of the results. All silver (Ag) results reported for 17S-01 have been by 0.5g Aqua Regia digestion with ICP-MS or ICP-OES finish and if Ag is >30 - 100ppm, then a 30g fire assay (FA) with gravimetric finish has been accomplished. Re-assaying 3 samples for gold using a larger sample size (30g for fire assay) was conducted in order to assure compliance with regulations. Assaying 17S-02 samples with four acid digestions caused no problems, and re-assaying data for hole 17S-03 are still pending. The 2017 drill program was conducted during October and November with all three holes from the same drill pad for a total of 2,158.5M (see website Page 1 2017 Drill plan.pdf). Drilling planned to test the high conductive body inside the caldera and its apophysis further to the east, as well as test the high silver intercepts reported in 12S-05 (NR Dec 23, 2015) and a cylindrical type feature of chargeability high and resistivity low beyond the veins (NR Jun20, 2017). The property is showing both, Ag-Au-Cu-Pb-Zn veins and Cu-Mo+/-Au porphyry, respectively. Reconnaissance geological work has shown that the Silver Queen Ag-Au-Cu-Pb-Zn vein system is located within a 3km wide caldera, which formed during repetitive explosive eruptions producing pyroclastic volcanics (tuffs).

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