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Acadian Mining Corporation ADAIF



GREY:ADAIF - Post by User

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Post by retep6on Dec 12, 2007 10:27am
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Post# 14006897

news

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ACADIAN MINING ANNOUNCES NI 43-101 COMPLIANT RESOURCE ESTIMATE FOR THE GETTY ZINC-LEAD DEPOSIT ADJACENT TO SCOTIA MINE

10:11 EST Wednesday, December 12, 2007

FSC / Press Release

ACADIAN MINING ANNOUNCES NI 43-101 COMPLIANT RESOURCE ESTIMATE FOR THE GETTY ZINC-LEAD DEPOSIT ADJACENT TO SCOTIA MINE

Halifax, Nova Scotia CANADA, December 12, 2007 /FSC/ - Acadian Mining Corporation (ADA - TSX, C2Z - FWB), ("Acadian" or "Corporation") is pleased to announce results of a mineral resource estimate for its 100% owned Getty Zinc-Lead Deposit in Nova Scotia, based on historical drilling (Table 1). The following Inferred Resource figures were prepared by Mercator Geological Services Limited, independent consultants to Acadian Mining, and are in accordance with Canadian Institute of Mining, Metallurgy and Petroleum Standards on Mineral Resources and Mineral Reserves: Definitions and Guidelines and disclosure requirements of National Instrument 43-101. The independent consultant's technical report in support of this estimate will be filed on SEDAR within 45 days.

-***-

Table 1: Inferred Resource Estimate for Getty Zinc-Lead Deposit - Effective December 11, 2007
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*Zn Eq% Threshold    Tonnes (Rounded)    Pb %    Zn %    *Zn Eq%
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2.00%                4,160,000           1.40%   1.81%   3.21%
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2.50%                2,860,000           1.60%   2.06%   3.66%
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3.00%                1,970,000           1.82%   2.26%   4.08%
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* Note: Zn equivalent (Zn Eq%) =( Zn% + Pb%) 
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