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New Nadina Explorations Ltd.

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Summary

Project:

Silver Queen

Deposit:Silver Queen
Location:Canada
Commodities:Gold-Silver-Copper-Lead-Zinc
Date:1/18/2018
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:18-1-2018: New Nadina Explorations Ltd. announces an Exploration/Drilling Update report for its Silver Queen deposit at the Silver Queen project. Drilling results inclu. 223m @ 0.81g/t Ag, 0.025g/t Au, 0.003% Cu, 0.022% Zn from 451m. January 18, 2018 GREE
Resources:x
CP/QP:[Overall Report]: Mathias Westphal (Not stated)
ABSTRACT:January 18, 2018 GREENWOOD, BRITISH COLUMBIA – New Nadina Explorations Limited (TSX VENTURE: NNA). The Company provides assay results on drill hole 17S-03. The purpose of this hole was to test the structure of the easterly apophysis of the main ‘Blue Target’ as a potential feeder for the ‘Sister Vein’ recognized at deeper levels in 12S-05. This apophysis is located outside the central caldera, north of the Cu-Mo porphyry drilled in hole 17S-02, and NW of the location of the intercept of the ‘Sister Vein’ in 12S-05. The drill pad was located directly above the apophysis, so a vertical hole has been performed. Drilling showed that the structure of the apophysis is roughly parallel to the hole, which indicates, that there is only a limited chance that this target is the feeder zone of the ‘Sister Vein’. The results also show that the hole did not crosscut potential higher grade veins and zones since it has been performed subparallel to the stockwork structure, mainly consisting of pyrite. Therefore, the average metal content over 223m, ranging from 451 to 675m. Other than that, Ag seems to be evenly distributed and shows values ranging from 0.11 to 1.6 g/t. In order to determine the nature of the origin of the low resistivity/high conductivity signal an in depth investigation on the ore mineralogy using a SEM (scanning electron microscope) with EDS detector is required.

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