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.
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Jun 09, 2026 · 07:01