New NM article has mention of GGINorthern Miner new article Posted By: Richard Quarisa January 10, 2018 New Nadina Explorations (TSXV: NNA; US-OTC: NNADF) shares plummeted 86% to 48 at the start of the New Year after the company released drill results from its Silver Queen polymetallic project, 43 km south of Houston, British Columbia. Results include a 0.2 metre interval from 424 metres downhole grading 91.3 grams silver per tonne, 0.06 gram gold per tonne and 0.65% copper, as well as a 3 metre interval from 690 metres downhole grading 120 grams silver, 0.24 gram gold and 0.5% copper. Company stock was trading at 8 on Oct. 24, 2017, but skyrocketed to a peak $4.17 by Nov. 14 after the company announced a 132 metre intercept of high grade core containing bornite, sphalerite, galena and pyrargyrite. The stock cooled a bit in the following month but stayed above $3 until now. I genuinely feel sorry for the people who have lost money, New Nadina president and CEO Ellen Clements says during a telephone interview with The Northern Miner. Clements took over New Nadina in 2006 after her husband George Stewart, the companys former president and CEO, suddenly died a year earlier. Theres two things that are important to me, and that is that the value of the property is excellent, excellent potential, and without the investors and the shareholders you dont have any opportunity to explore, so I hold both in great respect. Clements insists New Nadina is not done with its Silver Queen project. The company raised $1.1 million throughout the fall of 2017, and intends to use the cash for additional drilling. Its mineable, Clements says, but to stop at that and not explore further to try to increase the tonnage to get that perfect partner in there it would be sacrilegious to stop and not do that when the potential is still so high. image: https://www.northernminer.com/wp-content/uploads/2017/11/Picture2-1024x550.png Historical and current drilling with location of Geotech EM and Quantec Geoscience TITAN-24 DCIP and MT anomalies noted in green and blue. Credit: New Nadina Explorations. Further exploration will have to wait, however, for at least a few more months. Snow blankets the ground and will flood the surface with water when it finally melts. Clements points out that the area has a clay layer just below the surface, meaning the soil retains water for a long time. You cant go in there when its wet, she says. Clements says New Nadina will start monitoring the Silver Queens water level at the end of March, and hopes to mobilize drills between April and June. New Nadina may have been the last mining stock to dramatically rise and fall in 2017, but it certainly wasnt the only. Earlier in the year, shares of GT Gold (TSXV: GTT;US-OTC: GTGDF) shot up from 38 to $2.76 between July and September. The stock rose on assay results from drill holes at its Tatogga gold property in B.C.s Golden Triangle. By mid-November shares had dropped back down to around 70. Over a similar time span, shares of Garibaldi Resources (TSXV: GGI;US-OTC: GGIFF) surged from 18 to a peak of $5.27 following news that 12 drill holes on its E&L nickel-copper property in B.Cs Golden Triangle had returned broad sections of nickel-bearing pentlandite, chalcopyrite and pyrrhotite. But when the company received assay results, it saw that while some of the holes were mineralized, they were not as nickel-rich as expected. To complicate matters further, drilling was interrupted several times due to poor weather conditions. The stock now sits at $2.74. Concurrent with both of those, shares of Novo Resources (TSXV: NVO; US-OTC: NSRPF) jumped from around 83 to a peak of $8.55 on Oct. 10, 2017. In November, the company reported that it was uncomfortable with the experimental bulk sampling technique it had been using at its joint venture Purdys Reward gold project with Artemis Resources (ASX: ARV; FRA: ATY). The announcement accelerated the descent of a stock that had already begun to fall. It now sits at $3.70. image: https://www.northernminer.com/wp-content/uploads/2017/08/pic1-1024x768.jpg Novo Resources and Artemis Resources' Purdy's Reward and Comet Wells paleoplacer gold projects in Western Australia. Credit: Novo Resources. Novo Resources and Artemis Resources Purdys Reward and Comet Wells paleoplacer gold projects in Western Australia. Credit: Novo Resources. And back in May 2017, shares of Arizona Silver Exploration (TSXV: AZS; US-OTC: AZASF) spiked to $1.22 from 40 after the company announced that one of its holes intercepted 44.2 metres of quartz veins peppered with a sub-metallic grey mineral that could have been a silver-bearing sulphide. However, assay results at the end of May dispelled any excitement. The interval didnt contain silver, while another hole reported in the release was only weakly mineralized. Shares tumbled back down to 24, and at the time of this writing rest at 20. Reflecting on the past few months, Clements says that she wouldnt have done anything differently, except speak less to investors. Some of the calls now are asking for due diligence material, Clement says. They want to know other things that would be critical to making a decision as to whether they would be buyers. And so thats good. Thats what people need to do. Despite New Nadinas current struggles, Clements remains optimistic about Silver Queen. She calls the companys current discoveries veinlets, and hopes they will feed into large veins that can be mined for a higher tonnage. One good thing is we know its not a body of water, Clements says. Because with an anomaly thats very conductive it could have been an aquifer. And in that Blue zone target we already know that we didnt hit the highest signature of the anomaly. Shares of New Nadina are currently sitting at 32 with a 52-week range of $4.6 to 8. The companys market cap is $5 million.