Stock Quote: Market: TSX Symbol: ADA Last Price: 0.32$cad Change: -0.03 Volume: 300,695
 About Acadian Mining

Acadian Mining Corporation ("Acadian") or (the "Company") is a Halifax, Nova Scotia, Canada based mining company focused on exploring and developing gold, zinc-lead and barite properties in Atlantic Canada.  Acadian operates an open pit zinc-lead mine (Scotia Mine) at Gays River, Nova Scotia which commenced production in May, 2007, and is the cornerstone of the Company's Scotia Zinc Project.  The mine is  expected to produce 30,000 tonnes of high grade zinc concentrate and 12,000 tonnes of high grade lead concentrate per year. 

 

Acadian is also focused on developing four advanced gold properties, Beaver Dam, Tangier, Forest Hill and Goldenville, which form the core holdings of the Scotia Goldfields Project.  All of the four advanced properties host gold resources described in technical reports prepared in compliance with National Instrument 43-101 and are available on www.sedar.com.  (Please see news releases for further details regarding Goldenville, Forest Hill, Tangier and Beaver Dam's resources.)  Acadian is bringing a new approach to the development of Nova Scotia gold deposits by pursuing a multiple mine, central processing, managing and servicing strategy.

 

The Company holds a 44.40% equity interest in  Royal Roads Corp. ("Royal Roads") (RRO-TSX-V).  Royal Roads' principal asset is a 16,075 hectare (approximately 32 km x 5 km) mineral property known as the Tulks North Property which is strategically located in the centre of the world-class Buchans base metal camp in central Newfoundland, Canada.  In addition, Royal Roads holds a 26.39% equity interest in Buchans River Ltd. ("Buchans River") (BUV-TSX-V), which also holds a highly prospective property portfolio in the Buchans camp. Acadian's indirect interest in Buchans River is 11.71%.

 

Royal Roads' Tulks North property is host to the Daniels Pond deposit which was discovered by BP Resources Canada Ltd. in 1989.  Royal Roads reported on March 13, 2008 a National Instrument 43-101 compliant Inferred resource (Zn cutoff = 2%) of 332,000 tonnes grading 0.30% copper, 2.13% lead, 4.61% zinc, 85.86 g/t silver and 0.53 g/t gold.  In addition, Royal Roads announced a National Instrument 43-101 Indicated resource (Zn cutoff = 2%) of 929,000 tonnes grading 0.34% copper, 2.50% lead, 5.13% zinc, 101.40 g/t silver and 0.63 g/t gold.

 

 Scotia Mine

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Aerial View Scotia Mine December 14, 2007

 Current Zinc, Lead and Gold Prices

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Forward Looking Statement

 

Certain information regarding the Company contained herein may constitute forward-looking statements within the meaning of applicable securities laws.  Forward-looking statements may include estimates, plans, expectations, opinions, forecasts, projections, guidance or other statements that are not statements of fact.  Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct.  The Company cautions that actual performance will be affected by a number of factors, many of which are beyond the Company's control, and that future events and results may vary substantially from what the Company currently foresees.  Discussion of the various factors that may affect future results is contained in the Company's 2006 Annual Report which is available at www.sedar.com.  The Company's forward-looking statements are expressly qualified in their entirety by this cautionary statement.

 

Terence Coughlan, B.Sc., P.Geo., is acting as Qualified Person in compliance with National Instrument 43-101with respect to the geological information on this website and has reviewed the contents for accuracy.
 Recent News
July 9, 2008
Acadian Mining Halts Spin-Out of Gold Assets and Proposed Private Placement by Annapolis Gold Corporation   read more...
June 24, 2008
Acadian Mining Corporation Announces Amended Terms of Private Placement by Annapolis Gold Corporation   read more...
June 16, 2008
Acadian Mining to Extend Warrant Expiry Date   read more...
June 11, 2008
Acadian Mining Announces Approval of Plan of Arrangement and Appointment of Glenn R. Williams to Board of Directors   read more...
June 2, 2008
Acadian Mining Announces Acquisition of Interest in Fifteen Mile Stream Gold Property   read more...
May 29, 2008
Acadian Mining Announces Proposed Acquisition of Interest in Fifteen Mile Stream Gold Property   read more...
May 26, 2008
Acadian Mining Announces Private Placement by Annapolis Gold Corporation   read more...
May 16, 2008
Acadian Mining Reports First Profit From Operations   read more...
April 18, 2008
Acadian Mining Corporation Announces Proposed Spinout of Gold Assets   read more...
March 31, 2008
Acadian Mining Corporation Year End Results - Revenue from Scotia Mine operation commences   read more...
February 21, 2008
Acadian Mining Intersects 9.50 Metres of 5.41% Zinc Plus Lead at its Getty Property, Nova Scotia   read more...
February 20, 2008
Acadian Mining Announces Normal Course Issuer Bid   read more...
January 16, 2008
Acadian Provides 2007 Corporate Review and Update   read more...
 Shares Issued

Shares Issued as at June 30, 2008

Basic - 142,357, 907

Fully Diluted - 161,447,251

 Property Locations

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