Golden River Resources

Committee Bay

Committee Bay

The Committee Bay Greenstone Belt represents the largest under-explored greenstone belt in North America. The belt is highly prospective for gold. Golden River Resource's package includes 49,439.48 acres on 21 properties, with the Meadowbank gold deposit (3moz) and Meliadine gold deposit (4.6moz) located to the south of the  Company's properties.

Golden River Resource's primary targets are Wrench and Pickle Claims, which have numerous Au showings throughout. Potential also exists to identify Ni-Cu-PGE and Diamondiferous Kimberlite mineralisation on the GBR claims.

Golden River Resources holds large assessment credits from its work in 2004, and thus has met its expenditure commitments to 2012. However due to lucrative nature of Greenstone Belt, further work is being planned.

Project Summary:

• Wrench Claims are drill ready

• Pickle, West, KK and NN2 properties could rapidly be advanced for drill programs

• Ground geophysical surveys recommended to be undertaken on the Pickle, West, KK, NN-2 and EE claims

• Airborne geophysical surveys over all claims should be considered

• Numerous Au showings exist throughout the project areas as the belt is highly prospective for gold mineralization

• Golden River Resources has strong land position covering high quality targets with values to 63.87g/t Au, 1.35% Cu, 0.5% Ni, 185ppb Pt

• The Wrench Area is the direct extension of the geology that hosts North Country Gold's (NCG) Three Bluffs Gold deposit

• NCG have recently reported further new high grade intersections of 16.23g/t Au over 10m and 15.00g/t Au over 11.25m

• ‘Western' target >5km long, sulphide bearing, folded BIF

• Best sample returned 63.87g/t Au; re-assayed Total Au 100.45g/MT

• ‘Eastern' target >2.5km long folded oxide BIF targets strong EM and Mag signature continues off grid to NE for likely 2 more kms

Committee Bay Area Gold and Diamond Projects

The Company holds title to the following mineral claims in the CBGB:
(1) = AA
(2) = CAY 1 (East)
(3) = CAY 3 (West)
(4) = EE
(5) = KK
(6) = NN-1
(7) = NN-2
(8) = PICKLE
(9) = WRENCH
(10) = WEST

• 19 March 2012 Annual Financial Statements for the year ended June 30, 2011 > Read more

• 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