Northwire Canada EditionTuesday, November 3, 2026
Northwire
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Gold 3,969.60 +1.8% Silver 50.89 +3.3% Copper 6.54 +0.9% Oil 96.46 −7.4% Palladium 962.50 −2.5% QRO 0.030 +0.0% PGC 0.030 +0.0% SASK 0.840 −2.3% GIGA 0.050 +0.0% WDO 26.12 +2.2% ERO 40.76 +0.2% BIRD 0.160 −13.5% ODV 3.20 −1.8% FVI 12.72 +3.1% SRI 0.015 + BTR 0.125 +4.2% NVO 0.065 +8.3% BTT 0.110 +4.8% MUX 19.55 +0.8% SCD 0.150 +0.0% PPX 0.220 +0.0% Gold 3,969.60 +1.8% Silver 50.89 +3.3% Copper 6.54 +0.9% Oil 96.46 −7.4% Palladium 962.50 −2.5% QRO 0.030 +0.0% PGC 0.030 +0.0% SASK 0.840 −2.3% GIGA 0.050 +0.0% WDO 26.12 +2.2% ERO 40.76 +0.2% BIRD 0.160 −13.5% ODV 3.20 −1.8% FVI 12.72 +3.1% SRI 0.015 + BTR 0.125 +4.2% NVO 0.065 +8.3% BTT 0.110 +4.8% MUX 19.55 +0.8% SCD 0.150 +0.0% PPX 0.220 +0.0%
Drill Results

Silver Acadia Intersects 4.2% Antimony over 0.6 m at Sedex Property, Completes Phase 1 Drill Program and Secures and Expands its Land Position in New Brunswick

SLA · Price

Executive Summary

  • Silver Acadia completed a 3,652 m Phase 1 diamond drilling program across its Nicholas‑Denys and Sedex projects, reporting high‑grade near‑surface antimony intercepts on the Sedex property.
  • The company announced a strategic land expansion, issuing 1.3 M common shares and paying $65,000 cash for additional claims, with a 2 % NSR royalty (1 % repurchasable).
  • All drilling data were QA/QC‑verified; results for the flagship Nicholas‑Denys silver‑gold target are pending but historic intercepts remain significant.

Key Details

  • Sedex Antimony Intercepts – Four drill holes (216.5 m total) intersected:
  • 2.2 % Sb over 1.1 m (including 4.2 % Sb over 0.6 m)
  • 0.6 % Sb over 3.8 m (including 2.2 % Sb over 0.6 m)
  • Historical Antimony Showings – Noranda reported up to 13.6 % Sb over 0.3 m in the 1989‑1990 program; new drilling validates these historic grades.
  • Drilling Scope – Phase 1 comprised 27 holes, 3,652.2 m total:
  • Nicholas‑Denys: 3,438 m (targeting Hachey Zone with historic intercepts up to 1,513 g/t Ag) – results pending.
  • Sedex: 214.2 m (focus on antimony breccia zones).
  • Geological Observations – Antimony mineralization occurs in breccia zones within a structurally controlled quartz‑vein corridor (~300 m N‑S trend). Stibnite (Sb₂S₃) present as massive veins and stringers.
  • Land Acquisition – Issued 1,300,000 common shares + $65,000 cash to prospectors; prospectors retain a 2 % NSR royalty, with the company able to repurchase 1 % for $1,000,000. All securities subject to a four‑month‑plus‑one‑day hold period.
  • QA/QC Protocol – Core recovered by Claude Roy Drilling; samples processed internally then assayed at ALS Global (Moncton & Vancouver). QA/QC includes duplicates, blanks, and certified reference material (~10 % of samples). No data quality issues identified.
  • Qualified Person – Julien Davy, P.Geo., CEO, reviewed and approved technical information under NI 43‑101.

Notable Quotes

“These initial high‑grade near‑surface antimony results at Sedex are particularly compelling… Grades of this magnitude over a trend exceeding 150 to 200 m are uncommon in the Bathurst VMS environment…” – Julien Davy, President & CEO


All forward‑looking statements are subject to risks and uncertainties detailed in Silver Acadia’s public filings.

Read the original news release →

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