Acadian Gold (ADA-V) has intersected bonanza-grade gold mineralization at the Forest Hill gold prospect in Nova Scotia.
Recent results from the property include a 1.2-metre intersection on the School House No. 1 vein that graded 192.9 grams gold per tonne (5.63 oz. per ton). The drill hole was one of eight that tested “ribbon” gold structures in the hinges of folds as possible areas of gold mineralization.
Six of the holes intersected significant mineralization, including a number of narrow intersections grading 11 to 118 grams gold per tonne. Over widths of 1.2 metres, which Acadian considers the minimum for practical mining, typical grades were in the 1-gram to 7-gram range.
Nuggety gold is common in the Meguma, and it is not unusual to get either bonanza grades or relatively low grades in drill holes.
Acadian is trying a new structural model, based on results in the Bendigo gold district of Australia, on gold mineralization in the Meguma group sediments of eastern Nova Scotia. WMC (WMC-N) and Seabright Resources sank a 230-metre shaft on the property in the 1980s, producing some development ore but never putting the project into commercial production.
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