Acadian Mining

Tangier

• The Tangier gold deposit is situated approximately 90 kilometres east of Halifax and comprises 113 mineral claims. The property is owned 100% by Acadian Mining with no overriding royalty.


• Documented production from historical mining in the district for the period between 1861 and 1936 was 29,360 ounces from 57,350 tons.


• The gold bearing zones are located on the steep south limb of the Tangier Anticline and included 70 or more bedding-parallel veins distributed over a stratigraphic interval of approximately 300 metres. Continuity of individual veins has been established for 1.5 kilometres or more and the anticline structure has been traced for over 7 kilometres.


• Recent underground development between 1986-1990 and 1994-1999 in the Blueberry Hill area includes a modern ramp to 145 metres depth and over 5 kilometres of development. Recorded production for this period was 1659 ounces.

• A total of 203 surface and underground drill holes totaling 20,505 metres occur on the property.

• The property has an Environmental Assessment Approval which provides for processing of 400 tonnes per day.


• A resource estimate for the Blueberry and Strawberry Hill area is based on historical underground chip sampling and diamond drill holes, with all data weighted to a 1.2 m width. Mineral resources were estimated using the polygonal method of volume calculation applied to vertical longitudinal sections.


• The area between Blueberry and Strawberry Hill has not been intensely evaluated and is a highly prospective area to define additional resources.


• Underground development at the Blueberry Hill mine was halted to the west at the Copper Lake Fault. Limited drilling west of the fault has established the presence of the mine sequence in this area making this a prospective area to define additional resources.


• Although this property is currently considered an underground project the company is also investigating the potential for open pit mineralization.

• 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