Acadian Mining

Fifteen Mile Stream

• The Fifteen Mile Stream deposit is a key property for Acadian and is the current focus of Acadian’s gold activities. Previous drilling has established wide intervals of gold mineralization (e.g., 134.5m of 1.88 g/t Au; link to news release) supporting bulk minable potential for the deposit.


• The property is located approximately 100 kilometers east of Halifax, and only 20 kilometers east of the Beaver Dam deposit, and consists of three licences totaling 39 claims. Acadian holds 100% interest in the property subject to a 1% NSR agreement on two claims.


• Historic mining carried out between 1874 and 1941 targeted both narrow quartz veins and wide intervals of auriferous argillite. Significant exploration was undertaken on the property between 1985 and 1988 that included 136 diamond drill holes totaling 26,630 metres.


• The deposit occurs in the hinge zone of the Fifteen Mile Stream Anticline, which is characterized by a domal structure in the deposit area. Historical work was concentrated in the Egerton-MacLean area at the eastern end of the dome. Wide intervals of mineralization are established in the Hudson, Plenty and 149 East zones and potential for additional deposits over a 3km strike length is favorable.

• A resource estimate established for the Egerton-MacLean area is based on historical drilling and confined largely to the mineralized Seigel and Orient argillite units. Sampling within the resource block was incomplete and un-sampled intervals were assigned zero grade. Results from recent sampling by Acadian of un-sampled intervals from available drill core within the resource zone yielded locally significant gold grades, suggesting the resource estimate is conservative. Drilling has not closed off the mineralized zones and further drilling is expected to increase the size of the Egerton MacLean resource block.


• Acadian is currently planning a multi-targeted drilling program aimed at increasing confidence in the resource estimate, expanding the Egerton-MacLean resource block and establishing additional deposits within the area.

• 16 July 2010 Acadian Mining and Golden River Complete Private Placement > Read more

• 8 July 2010 Acadian Mining Announces Private Placement > Read more

• 30 June 2010 Acadian Mining Corporation 2nd Quarter Financial Statement > Read more

• 30 June 2010 Acadian Mining Corporation 2nd Quarter Management Discussion & Analysis > Read more

• 25 June 2010 Acadian Mining Announces Highlights Of AGM, Appointment Of New Director And Grant Of Options > Read more

• 24 June 2010 Acadian Mining Announces the Appointment of a New President And Chief Executive Officer > Read more

• 3 May 2010 Acadian Mining Announces Sale of its 29.18% Interest in Royal Roads Corporation > Read more

• 20 April 2010 Acadian Mining Enters into an Agreement for the Sale of its 29.18% Interest in Royal Roads Corp. > Read more

• 14 April 2010 Acadian Mining Concludes Access Agreement For Drilling And An Option To Lease Lands At Its Fifteen Mile Stream Gold Property > Read more

• 5 April 2010 Acadian Mining Commences Airborne Survey Over Its Large Gold Claim Holdings > Read more