GREENWOOD, BRITISH COLUMBIA / January 18, 2018 / JMN Wire / New Nadina Explorations Limited (TSX VENTURE: NNA) provides assay results on drill hole 17S-03.
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 sub-parallel to the stockwork structure, mainly consisting of pyrite. Therefore, the average metal content over 223m, ranging from 451 to 675m, is generally low:
|
From – To (m) |
Interval (m) |
Ag g/t |
Au g/t |
Cu % |
Zn % |
|
451 - 675 |
223 |
0.81 |
0.025 |
0.003 |
0.022 |
|
451.15 - 454 |
2.85 |
1.58 |
|
|
0.33 |
|
507 - 510 |
3 |
3.44 |
|
|
|
|
516 - 519 |
3 |
23.0 |
|
|
|
|
552 - 561 |
9 |
2.8 |
|
|
|
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.
Dr. Mathias Westphal. P.Geo., a qualified person as defined under National Instrument 43-101, has provided, reviewed and approves the technical content of this release.
Silver Queen Property – Central British Columbia (100%)
The Company owns 100% interest in 17 crown-granted (includes 2 surface title owned crown grants of 40.47 ha), and 45 tenure claims covering 18,852 ha in the Omineca Mining Division, near Owen Lake, British Columbia. The Silver Queen property is located at kilometre 43 on the all-weather Morice/Owen forest service road that originates in Houston B.C. continuing 125 kilometres south to Huckleberry Mine. There is a 10 person camp and core shed facilities established on the property.
Board of Director changes
John W. Jewitt has resigned from the Board of Directors. The Company is appreciative of John’s contribution and assistance to move the Silver Queen property forward and wishes him the very best.
