Acadian Mining Corporation ADAIF

Drill Results - Lake Catcha

[angler21]

You need to reread the "Acadian Gold Provides Corporate Update to Shareholders dated 30 Nov 06. Results seem quite good. The Beaver Dam results were received 1 Feb 07. Still outstanding are the results from the completed drill programs at Goldenville and Killag. The purpose of the diamond drilling program is designed to increase the resource density in the first 50 metres of depth within the boundary of a possible open pit. Four past producing mine sites were amalgamated to form the Scotia Gold Fields. The purpose for which they are planning to have a central mill. With the results in they want to release a new resource estimate. They said Q1-07 but I suspect it will be Q2-07. This will form the basis of commencing a pre feasibility study. I don't know how Lake Catcha fits in because They list their advanced properties as Beaver Dam, Forest Hill, Goldenville and Tangier. Does anyone know? Obviously these results will change the chart on Acadian Gold's home page. This has been an extremely successful year IMHO. The Zinc mine has been put into production at the expense of the minefields but they are certainly making up for it. Priority of producing a generator of income has been in the shareholder's interests. I phoned a while back and asked about the goldfields project and they were certainly helpful in answering my questions. Share price has doubled since I bought into it this summer so I'm not complaining. More good news is coming.