Golden River Resources

Acadian Exploration and Future Developments

Northern Capital Resource Corporation and Acadian Mining Corporation have a strong pipeline of 16 quality targets with high potential for gold discovery.

The main asset is Acadian's NI 43-101 compliant resource base of 626,000 oz Au (measured and indicated) and 1,111,000 oz Au (inferred)

• 16 quality targets in the project pipeline aimed at targeting 10 Moz in the largest land holding in Nova Scotia - 74,911 Ha > 80%+ FMS trend
• Innovative exploration and development strategy targeting disseminated gold deposits; outstanding metallurgy with recoveries in excess of 90% using conventional techniques
• Beaver Dam project includes multiple open pits feeding a central processing facility; including massive open pit intercepts e.g 52m @ 10.78 g/t from 23m (BD2005-17)
• Fifteen Mile Stream project produced massive open pit intercepts e.g 140.7m @ 1.3 g/t (DDH 87-44) & 134.5m @ 1.88 g/t (DDH 85-012)
• Initially targeting 200 Koz Au per annum; project life > 10 years with a cash cost of < US$400/oz

© 2009 Northern Capital Resources Corporation. All rights reserved.

Investor Centre

Latest News
> view archive
  • 16 January 2012 Final Results from Acadian's 2011 Fifteen Mile Stream Drill Program > Read more

  • 21 December 2011 Acadian Mining Corp. Joins OTCQX > Read more

  • 15 December 2011 First Drill Results From The Hudson Zone at Acadian's Fifteen Mile Stream Project Return Wide Mineralized Intervals > Read more

  • 5 December 2011 Drill Results From Acadian's Fifteen Mile Stream Project Continue to Expand Size of Mineralized Area > Read more

  • 21 November 2011 Acadian Mining Corporation 3rd Quarter Management Discussion & Analysis > Read more

  • 21 November 2011 Acadian Mining Corporation 3rd Quarter Financial Statement > Read more

  • 21 November 2011 Acadians Regional Till Survey Identifies Several New Gold Anomalies on Prospective FMS Trend in Nova Scotia > Read more

  • 13 October 2011 Acadian's Fifteen Mile Stream Project Continues to Deliver Impressive Results > Read more

  • 19 September 2011 First Drill Results From Acadian's Fifteen Mile Stream Project Return 2.81 g/T over 72.9 Metres > Read more

  • 11 July 2011 Acadian Provides Gold Exploration Update > Read more


Contact

  • Principal Office
  • Level 8, 580 St Kilda Road
  • Melbourne Victoria 3004
  • Telephone +61 3 8532 2800
  • Facsimile +61 3 8532 2805
  • Email ncrc@axisc.com.au
  • New York Office
  • 10 East 53rd Street
  • 31st Floor
  • New York NY 10022
  • Telephone +1 212 223 0018
  • Facsimile +1 212 223 1169
  • Email ncrc@axisc.com.au