Acadia can earn a 51% interest in the property by spending $750,000 on exploration over a 3-year period. The company must also pay $300,000 in option payments by February, 1990. Pomac Mines (ASE) is the property vendor. More than $400,000 in exploration has been completed by Acadia.
In 1932 a 43-ton shipment of rock was sent from the property to Noranda’s smelte i Quebec Th sampl assaye 0.51 o gol pe ton Acadi says.
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