We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type |
---|---|---|---|
New Nadina Explorations Limited | TSXV:NNA | TSX Venture | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.085 | 0.075 | 0.10 | 0 | 01:00:00 |
The program commenced August 1st with two drills testing numerous land based targets developed from previous geophysical surveys, and delineating and sampling kimberlites already in the inventory. Detailed exploration drilling of a linear magnetic low in the southern part of the property has delineated and sampled three kimberlite pipes: Sparky, DD39 and Gemini, adding a new kimberlite cluster to the property. The new cluster is located 750 meters south of the central cluster or the Blue string of pearls that consists of kimberlites Sonja, Nic, DD17, RIP, Bling and DD17-11. Kimberlite previously drilled in the DD39 area failed to define the shape and size of kimberlite pipes in the area.
Gemini was first intersected in 2007 by drill hole M-02-07 that intersected hypabyssal kimberlite (HK) between 32.7-35.8m. During the current exploration program three BTW diamond drill holes delineated Gemini to prove that drill hole M-02-07 had grazed the SW side of the pipe. Drill hole 08-24 (Dip -45 degrees, Azimuth 018 degrees) intersected kimberlite from 48.4 to 89m depth, and perpendicular diamond drill hole 08-27 (Dip -45 degrees, Azimuth 285 degrees) intersected kimberlite from 25 to 53.3m depth. A third drill hole 08-29 steepened to -59 degrees intersected kimberlite from 29.4-79.1m. Kimberlite geology includes volcaniclastic and pyroclastic kimberlite, mineralized with 2-4 mm olivine, pyrope and chrome diopside xenocrysts. In excess of 350 kg of whole core was sampled, and has been submitted for microdiamond recovery.
Sparky was first intersected by drill hole M-01-07 (32.8-70.7m). Further drilling with BTW size core on drill hole 08-35 (Dip -45 degrees, Azimuth 225 degrees) intersected kimberlite from 38.9 to 90.1m depth, and drill hole 08-36 (Dip -45 degrees, Azimuth 007 degrees) intersected kimberlite from 19.2 to 68m depth. All kimberlite intervals from DD39 and Sparky (whole core) will be submitted for caustic fusion and diamond recovery.
DD39, located 30m SW of Gemini, was discovered in 1993 by Kennecott Canada Exploration Inc with a single vertical diamond drill hole (93DD39-01) which cut 107m of kimberlite. Further drilling at DD39 includes BQ drill holes 08-34 (Dip -45 degrees, Azimuth 144 degrees) which intersected kimberlite from 44.4 to 110.5m depth, and drill hole 08-37 (Dip -60 degrees, Azimuth 054 degrees) which collared in kimberlite at 19.2m and continued in kimberlite to 96m depth. Kimberlite geology includes kimberlitic mudstones and volcaniclastic kimberlite. Olivine content is up to 20% 2-4 mm xenocrysts, with trace pyrope and chrome diopside xenocrysts. Carbonized wood has also been identified.
The Monument Program is supervised by Mr. K. R. Kivi, P.Geol., a Qualified Person as defined by National Instrument 43-101. Mr. Kivi reviewed the content of this news release.
ON BEHALF OF THE BOARD
Ellen Clements, Director, President & CEO
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release.
Contacts: New Nadina Explorations Limited Ellen Clements Director, President & CEO (800) 856-3966 (250) 445-2259 (FAX) New Nadina Explorations Limited Larry Widmer (250) 878-5099 Website: www.nadina.com
1 Year New Nadina Explorations Chart |
1 Month New Nadina Explorations Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions