Silver Acadia Exploration Inc. (CSE: SLA) has announced the completion of its Phase 1 drill program at the Nicholas-Denys project in New Brunswick, Canada. The program, which took place between February and early March, involved drilling seven holes across various zones, including five holes totaling 1,034 meters at the Millstream and Pine Tree W zones. The company controls more than 250 square kilometers of mineral claims in the region.
Key assay results from the Hachey Zone include 1.1 meters grading 467 grams per ton silver, 0.7 grams per ton gold, 3.04% zinc, and 3.70% lead in Hole ND26-004, and 5.5 meters grading 374 grams per ton silver, 1.4 grams per ton gold, 2.50% zinc, and 2.34% lead in Hole ND26-006, with an inner interval of 1.8 meters grading 878.8 grams per ton silver. The Millstream Zone also showed copper intersections of 23.8 meters grading 0.49% copper, 11.4 meters grading 0.77% copper, and 9.8 meters grading 0.85% copper and 0.48% zinc.
Julien Davy, CEO of Silver Acadia, stated that the drilling work has significantly improved the company's understanding of the mineralized zones and their relationship with secondary structures. The company has identified a 3-kilometer mineralized corridor encompassing the Henry, Hachey, and Shaft zones. Historical results referenced in the release were noted as not being independently verified by the company's qualified person and should be considered historical in nature.
