Silver Acadia Completes Phase 1 Drilling, Expands Land Position in New Brunswick
Silver Acadia Exploration Inc. has completed 3,652.2 meters of diamond drilling, confirming significant antimony intersections at its Sedex Project in New Brunswick. The company also expanded its land holdings to enhance exploration potential in the Bathurst Mining Camp.
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Silver Acadia Exploration Inc. has successfully completed a Phase 1 diamond drilling program totaling 3,652.2 meters, primarily targeting high-grade silver, gold, and antimony at its Sedex Project in New Brunswick. Notable antimony results include 4.2% over 0.6 meters, validating historical mineralization and indicating a structurally controlled hydrothermal system.
The company has also expanded its land position through claim re-acquisitions and new agreements, issuing 1,300,000 common shares and paying $65,000 in cash. This strategic move aims to consolidate exploration opportunities in the Bathurst Mining Camp, a critical area for antimony production. Ongoing exploration may mitigate supply chain vulnerabilities for this critical mineral.
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