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New Nadina Explorations Ltd.
Summary
| Project: | Silver Queen | |
|---|---|---|
| Deposit: | Silver Queen | |
| Location: | Canada | |
| Commodities: | Gold-Silver-Copper-Lead-Zinc | |
| Date: | 9/27/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 27-9-2018: New Nadina Explorations Ltd. announces an Exploration/Drilling Update report for its Silver Queen deposit at the Silver Queen project. Drilling results incl. 16.3m @ 0.67g/t Au, 1.5% Cu, 20.8ppm Ag from 32.7m. September 27, 2018: GREENWOOD, BRI | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Gary Wong (Not stated) | |
| ABSTRACT: | 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 suspended Free Miner’s Certificate (FMC) onsite meetings have been held with Ministry of Mines personnel and the private property landowner to reach common ground to accommodate both needs (NR Sept 14, 2018). Required reclamation, once approved by the Mines Inspector will be conducted to satisfy the Chief Gold Commissioner terms for FMC re-instatement. We anticipate that prior to submitting a five year exploration plan, downhole geophysics will be conducted in and surrounding the Blue Zone area. The information gathered will assist in placing the drill holes effectively. A number of other untested targets that arose from the 2011-2012 geophysics can now be tested through favorable access to private property. 2018 Drill Results: Drilling commenced May 17, 2018 and 3,052.5m was completed by the first week in July. Three holes in total were completed (with one abandoned due to excessive hole deviation). All three holes were targeting the “Blue Zone”, which is a conductivity anomaly outlined by IP geophysics. Unfortunately, the timing and scope of the program did not result in a definitive explanation for the existence of the “Blue Zone”. This fact, along with the anomalous values intercepted in this drill campaign leaves room for the existence of a significant mineralized body in the area. Further exploration is required to systematically cover this ground. | |
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