Acadian's two core gold properties currently host resources as shown below:
The FMS Trend is a 145 kilometer long, camp scale, northeasterly trending geological corridor in southeastern Nova Scotia, that is prospective for bulk tonnage gold deposits. Key features of the area of the FMS Trend controlled by Acadian are the coincidence of thick intervals of siltstone and mudstone, defining the Fifteen Mile Stream Formation at the bottom of the Goldenville Group with a favorable structural setting. Four advanced gold projects currently being explored / developed in Nova Scotia occur on the FMS Trend, including the Beaver Dam and Fifteen Mile Stream properties that are controlled by Acadian.
Beaver Dam and Fifteen Mile Stream, located only 18 kilometers apart, host disseminated gold mineralization with drill intercepts up to 53.00 meters grading 2.25 g/t gold and 134.51 meters (approximate true width) grading 1.88 g/t gold respectively (news releases, November 4, 2009; March 4, 2010). Due to the close proximity of Beaver Dam and Fifteen Mile Stream, a central processing facility located strategically between the two deposits is being considered.
The Company continues to advance its Lake Ainslie Barite-Fluorite Project on Cape Breton Island, Nova Scotia. Barite is the principal component in drilling mud utilized by the petroleum industry to prevent gushers, blowouts, and drill bit lubrication.
Work programs including compilation and evaluation of historical information and initial field investigations have been completed on the property. The surface rights necessary to develop the Upper Johnson and MacDougall deposits were acquired in early 2008. A trenching program conducted in late 2009 on the Upper Johnson vein area was successful in demonstrating the continuity of the Upper Johnson North Vein, which was previously believed to be discontinuous. Widths of the Upper Johnson North Vein in the trenches ranged between 0.60 and 2.05 metres. Vein grades ranged between 76% and 92% barite and 4.6% and 11.2% fluorite. The gangue mineral in the veins is predominantly calcite. A study of markets for barite from the deposit was recently completed and indicates potential markets for mud grade barite.
A small scale metallurgical testing program was conducted in late 2011.
4 June 2013 Initial Hudson Zone Resource > Read more
31 May 2013 Notice of Annual and Special Meeting of Shareholders > Read more
31 May 2013 Acadian Mining Corporation 1st Quarter Management Discussion & Analysis > Read more
31 May 2013 Acadian Mining Corporation 1st Quarter Financial Statement > Read more
7 March 2013 Private Placement Closes > Read more
28 February 2013 Private Placement > Read more
11 January 2013 Acadian Director Resignation > Read more
31 December 2012 Annual MD&A 2012 > Read more
31 December 2012 Annual Financial Statements 2012 > Read more
21 December 2012 TSXV Listing > Read more