New Nadina – 2018 Drilling completed at Silver Queen

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By peterc on July 23, 2018. No Comments

New Nadina Explorations Limited (the “Company”, TSX VENTURE:  NNA) is pleased to announce it has completed a three hole drill program at its 100% owned Silver Queen property near Owen Lake BC.

Drilling commenced May 17, 2018 and 3,052.5m was completed by the first week in July. Unfavorable weather and drilling technical difficulties contributed to the slow completion of the program.  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.

The first hole, 18S-01, has had all assays returned.  This hole was drilled from the north side of the target at an azimuth of 127o and a dip of 45o, with a total depth of 1122m. Unfortunately, the hole began to shallow, resulting in excessive deviation and the objective of penetrating the “Blue Zone” was missed, only skimming the edge of the geophysical anomaly.  Although there are zones of anomalous values at various intervals in the hole, overall, it was disappointing in that the “Blue Zone” anomaly was missed.

Significant assay intervals are:

Sample From (m) To (m) Width (m) Au (g/t) Ag (g/t) Cu (%) Pb (%) Zn (ppm) Ag (ppm) Cu (ppm) Pb (ppm) Zn (ppm)
5094001 284.8 285.8 1.0 0.143         7.21 537 735 3500
5094002 300.3 302.0 1.7 0.16         16.8 1010 2020 1980
5094003 302.0 303.9 1.9 0.066         2.72 19.6 238 811
5094004 308.6 310.9 2.3 0.369         85.4 3690 2430 6900
5094005 310.9 313.0 2.1 0.276       2.68 29.1 846 1820 > 10000
5094006 319.1 320.5 1.4 0.363 100   1.27 4.8 > 100 8100 > 10000 > 10000
5094007 323.0 324.6 1.6 0.194         5.24 46.8 660 2250
5094008 324.6 325.9 1.3 0.219         18.5 2090 2710 9070
5094009 384.0 385.2 1.2 0.08         8.44 139 117 330
5094010 385.2 386.2 1.0 0.265         36.4 759 446 5620
5094011 405.1 406.1 1.0 0.336 220 2.26 1.32 1.97 > 100 > 10000 > 10000 > 10000
5094012 425.4 426.6 1.2 0.182     0.5 1.62 26.7 314 5030 > 10000
5094127 1060.2 1063.2 3.0 0.187       2.59 41.9 1630 886 > 10000
5094128 1063.2 1065.3 2.1 0.092         23.9 860 1220 8320
5094129 1065.3 1067.3 2.0 0.084       1.55 11.6 489 2210 > 10000
5094131 1067.3 1068.0 0.7 0.793       9.5 93.8 2850 4520 > 10000
5094132 1068.0 1068.8 0.8 0.011       7.88 82 2360 4020 > 10000
5094133 1068.8 1070.8 2.0 0.02       3.74 37.1 1180 1500 > 10000
5094134 1084.0 1086.0 2.0 1.06       2.37 33.8 2860 3100 > 10000

Note:  Au is by FA-AA, other elements are by ICP-OES+MS, then assay grade peroxide fusion ICP-OES except Ag which is gravimetric.

Based on the results of this round of sampling, the core was re-examined, and subsequently, more samples have been taken and those results are still pending, along with the results from the remaining  two holes.

The locations of the drill holes are shown is Figure 1 https://nadina.com/images/2018-Jul23-drilling-plan_view—1-002.gif and a section of hole 18S-01 is shown in Figure 2 https://nadina.com/images/2018-Jul23_18S-01_NEView_Section_assays-1-002.gif .

www.nadina.com

 

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