New Nadina Explorations Limited: Visible Moly in New Discovery at Silver Queen
October 19 2011 - 1:21PM
Marketwired
New Nadina Explorations Limited (TSX VENTURE:NNA) announces the
2011 drilling at the Silver Queen property south of Houston BC has
been completed. Drilling has encountered significant intersections
of porphyry-style mineralization with visible chalcopyrite and
molybdenite. Core logging and geotechnical processing, along with
core sawing and submission of samples for analyses should be
completed in 2-3 weeks. Images of the recent program can be viewed
on the company website: www.nadina.com.
The Company is also pleased to announce that Gerald H. Rayner,
Geol. P.Eng. has accepted an advisory position to assist with the
advancement of this new discovery. He holds a B.Sc. in Geology from
University of British Columbia and is a long standing member of the
Association of Professional Engineers of the Province of British
Columbia. Mr. Rayner brings extensive porphyry experience to the
project having been employed (1960 to 1968) as an exploration
geologist by Kennco Explorations (Western) Ltd., Vancouver, BC, the
exploration subsidiary of Kennecott Copper Corporation in Western
Canada. During 1967 and 1968 he was involved in the discovery and
early exploration of significant porphyry copper reserves while in
charge of the Papua New Guinea exploration group. The principal
deposit located during this period is now known as the Ok Tedi.
Since 1969 he has been self employed in a geological consulting
practice specializing in mineral exploration primarily in Western
North America from Mexico to Alaska and also in the South Pacific.
Mr. Rayner spent a large part of his career exploring for porphyry
copper as well as other styles of base metal deposits.
This news release has been reviewed by Jim Hutter, P.Geo., the
Qualified Person on the Silver Queen project, as defined by
National Instrument 43-101 and approves the applicable content of
this release.
ON BEHALF OF THE BOARD
Ellen Clements, President and Chief Executive Officer
"Neither the 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."
Contacts: New Nadina Explorations Limited Ellen Clements (250)
445 2260 or Toll Free: 1 (800) 856-3966 (250) 445 2259
(FAX)nadina2005@shaw.cawww.nadina.com
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