new nadina explorations limited 1215 greenwood · pdf filejohn jewitt, p.eng william meyer, p...
TRANSCRIPT
11
New Nadina Explorations Limited1215 Greenwood Street,Greenwood, BC V0H 1J0
Office: 250-445-2260Ellen Clements: 250-444-1005
_______________TSX-V NNA
www.nadina.com
Feature – Silver Queen Project
12S-05 Core from Vein intercept
Cu Equivalent based on:
Au: $53.68 USD/g
Cu: $8.17 USD/kg
Mo: $24.30 USD/kg
DDH 12S-05 assay
33
_______________TSX-V NNA
www.nadina.com
OverviewCompany Structure-ManagementProperties
DHK Diamond interestMonument Diamond ProjectSilver Queen – Owen Lake BC
Location, assets, potentialSaskatchewan Silica Quarry
Share Structure and Financial positionCurrent Project/Program
44
Directors and ManagementEllen Clements, CEO since 2006John Jewitt, P.EngWilliam Meyer, P.EngDavid Huck
President: Ellen ClementsCFO: Arlene Ashton
Advisor – G.H. Rayner, P.Eng_______________
TSX-V NNAwww.nadina.com
55
Silver Queen 100%Silver Gold Copper Lead Zinc – Polymetallic deposit - No3 Vein (JDS Engineering 2011) and recommendationsItsit Copper Molybdenum Gold Porphyry (discovered 2011)NG3 Epithermal high grade silver (45 OPT) veins within the porphyryUntested targetsAccess to hydro power for mine development
Monument Diamond Property, NWT 57.49%12 known diamond bearing kimberlite pipesUntested targets
DHK Diamonds Inc NWT 43.37%WO Project DHK has a contributing 10.3165% interest as at Dec 31,2015
Saskatchewan Silica Quarry – 100%_______________
TSX-V NNAwww.nadina.com
66
Shares issued: 12,647,433 (no warrants, Options 250,000 not in the money)
Financial Position February 28, 2017 The Company had a working capital of $289,989 Feb 28th - accumulated losses: $15,206,611.Admin – annual burn rate $175,000
Programs planned Silver Queen/5-8,000 meter diamond drill program $1.5 MillionMonument Diamonds – Land Use Permit extension $25,000
_______________TSX-V NNA
www.nadina.com
77
The Silver Queen Property is located 40 KM south of Houston BCat Owen Lake. Access is all season on the Morice/Owen FSR to Huckleberry Mine and Gold Reach Resources.
_______________TSX-V NNA
www.nadina.com
99
View of terrain over Itsit porphyry deposit
_______________TSX-V NNA
www.nadina.com
DCIP MT Geogphysics conducted 2011 and 2012
1111
• The Company has been granted access to private property to drill test veins and untested targets within the porphyry.
• (Follow up of 2013 drill program)
• Drilling to commence Sept 1, 2017 will test:
1. area in high grade values in epithermal silver veins,
and
2. two additional geophysical anomalies – Target of coincident chargebility high resistivity low just beyond the high grade veins and a sulphide like signature to the north west.
• See Figure Page 16
Activities – Program
_______________TSX-V NNA
www.nadina.com
1212
Approximately 5-8,000 metres of drilling (12 holes) will test a 250m area of the 12S-05 NG3 Vein intercept.
The veins are epithermal within the porphyry and close to a steeply plunging chargeability high and resistivity low geophysical anomaly. (apophysy from the main geophysical body). This anomaly has elevated Cu-Mo-As in nearby drill results and will be drill tested by the extension of certain drill holes targeting the NG3 vein system.
An additional hole is targeted at a deep, large, very conductive geophysical anomaly to the northwest of the NG3 vein system that could indicate massive sulphides. (see figure looking down)
- Funds will be raised to finance the September drill program where drilling will be from two sites located in the northwest section of the Itsit Porphyry. The vein intercept is located 300 m further east of the previously known easterly extent of the NG-3 Vein and contains higher silver. This epithermal section of the vein is much higher grade, is of substantial width and within a sizable unexplored area.
Activities and Drill Targets
_______________TSX-V NNA
www.nadina.com
1313
12S-05 AZ (UTM): 303° Inclination: -65.2° Hole Depth: 777m (NR Dec 23,2015)
Intercept Depth True width (m) Silver (g/t) Gold (g/t) Copper (%) Lead (%) Zinc (%).332.5 to 338.02 2.20 1,580.8 3.15 1.25 0.90 0.48410.5 to 419.75 3.70 166.6 2.3 0.26 0.22 0.90
- The NG3 vein is open to depth and east strike. It is not found in surface outcrops being masked by overburden. The proposed drill program goal is to prove substantial value that will justify underground work including drifting and diamond drilling directed towards building a resource estimate.- Initial surface drilling is required to test this target prior to a decision of extensive underground work, whether by a new declineor by an extension of the existing workings.
Drill Targets - continued
_______________TSX-V NNA
www.nadina.com
1414
Pink – conductive targetYellow – Site 2 – epithermalPurple – Site 1 - epithermal
Looking view - North
S. Hayes May2017
1515
2017 Drill Holes on geophysical targets.Target of 5-8,000m 12 drill holes
_______________TSX-V NNA
www.nadina.com
S. Hayes May2017
1717
Geology of the Silver Queen Property
-Refer Report #1306 – 2013 Page 23www.nadina.com
_______________TSX-V NNA
www.nadina.com
Please refer to www.nadina.com where you can read reports and view pictures.Or visit our files on SEDAR
New Nadina Explorations Limited
_______________TSX-V NNA
www.nadina.com