Acadian Mining

Scotia Goldfields

Noteworthy Features

  • Current resource stands at 626K Indicated & 1.1M Inferred
  • Excellent resource expansion potential / bulk tonnage gold potential
  • Greatest number of advanced gold properties in Nova Scotia
  • Underground gold (u/g) project with environmental assessment for 400tpd

The Acadian Strategy

Through Acadian Mining Corporation's extensive gold exploration efforts, the FMS Trend has been identified as a geological corridor which stretches for approximately 145 km through the Nova Scotia goldfields.  Acadian believes this Trend is prospective for bulk tonnage gold deposits and is pursuing a strategy that involves multiple mines, with a centralized processing, managing and servicing facility.  The Company's focus is to develop five advanced gold properties:

While developing these properties, which form the core holdings of the Scotia Goldfields Project, Acadian will continue to explore along the FMS Trend for even more bulk tonnage gold deposits.  Each of these current properties host gold resources described in technical reports prepared in compliance with National Instrument 43-101, which are available on SEDAR's website at www.sedar.com, and under the specific project pages within this website.

Scotia Goldfields

The Beaver Dam gold deposit lies along the prospective FMS Trend of southern Nova Scotia and was the primary focus of Acadian's gold program in 2007 and 2008, representing its key property and potential location for the Company's central processing and servicing strategy. This strategy envisions an ore treatment facility at or near Beaver Dam, processing low grade gold-bearing material from open pits at both Beaver Dam and Fifteen Mile Stream, further supplemented with higher grade material from potential underground operations at Forest Hill, Goldenville and Tangier.

The updated resource estimate announced for the Beaver Dam property on July 16, 2007 increased the Company's measured and indicated gold resources to 626,000 ounces and inferred resources to 1,011,000 ounces on its five advanced gold properties.

In March, 2010, the Company announced the assay results of a sampling program conducted on unsampled, historical drill core from the Fifteen Mile Stream gold property.  The results were positive and further supported the bulk tonnage potential at Fifteen Mile Stream.  These favourable results supported the expansion of the historical core sampling program into phase two.

Two other gold deposits (Oldham and Lake Catcha) are currently being investigated by Acadian Mining for their bulk mineable potential.  Extensive historical trenching, the deepest gold shaft in Nova Scotia, abundant mineralized surface float and almost no modern exploration indicate that an unrecognized resource is worth exploring for at the Oldham location.  Lake Catcha, boasts the largest known alteration halo of all Nova Scotia gold deposits, measuring 10km x 3km.  Earlier exploration indicated wide zones of mineralization and suggests further potential for bulk minable resources.

All exploration to date, along the FMS Trend indicate favourable conditions for bulk tonnage mining.  Acadian Mining has staked a large claim package over the FMS Trend, much of which has not been explored in the past.  The claims held by the Company over the FMS Trend total approximately 32,000 hectares and encompass approximately 115 km of the trend.

© 2010 Acadian Mining Corporation. All rights reserved.

Investor Centre

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Latest News
> view archive
  • 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

Contact

  • Acadian Mining Corporation
  • 15601 Hwy 224
  • Cooks Brook NS B0N 1Y0
  • Telephone 902-444-7779
  • Facsimile 902-444-3296
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