April 28, 2008: New Nadina Explorations Limited (the "Company") and partners Chris and Jeanne Jennings (22.11%), and Archon Minerals Ltd (20.4%) are pleased to report discovery of a new kimberlite pipe and completion of spring drilling on the Monument Diamond Project, at Lac De Gras, Northwest Territories. Crews are currently closing camp for spring break-up.

The exploration program included a detailed ground magnetic survey and testing of five untested prominent magnetic targets under Lac de Gras. Eight BTW sized diamond drill holes were completed for a total of 758 meters.

The Bling kimberlite discovery is located between kimberlites RIP and DD17-11, a new addition to the blue pearl cluster. Diamond drill hole 08-08-T9, a –45°angle hole, intersected kimberlite between 171 to 203 meters at approximately 120 meters below surface. The discovery results from drill testing the northeast part of a prominent magnetic low with a co-incident EM conductor.

The Bling kimberlite is dark grey pyroclastic kimberlite comprised 40% 3-15 mm olivine xenocrysts, abundant pyrope garnet and chrome diopside xenocrysts up to 2 cm in size. The drill intercept also cuts numerous mantle xenoliths including medium to coarse grained lhertzolite, dunite and hartzburgite, which suggests significant sampling of the lithosphere. The 32 meters of kimberlite core will be detail logged, sampled, and submitted for caustic fusion dissolution and microdiamond recovery.

A detailed CDGPS-GPS snowmobile magnetometer survey was completed prior to drilling five lake-based magnetic anomalies. The magnetic anomalies tested during this drill program were explained with variably magnetic metasediments. Several high-promise targets remain to be tested on the Monument property.

Two diamond drills owned by the Joint Venture project remain onsite for the planned summer program. One drill is positioned on the Genie kimberlite, and the other on the Bling kimberlite. Each of these new kimberlites require delineation drilling and larger samples for diamond testing.

The Monument Program is supervised by Mr. K. R. Kivi, P.Geol., an independent Qualified Person as defined by National Instrument 43-101. Mr. Kivi reviewed the content of this news release.

Contact Ellen Clements at (800) 856-3966 or Larry Widmer at (250) 878-5099 for further information.

ON BEHALF OF THE BOARD

“Signed”
Ellen Clements,
Director, President & CEO

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