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Silver Acadia Exploration Inc. (CSE: SLA) has revealed further high-grade assay outcomes from its Phase 1 drilling campaign at the Hachey Zone within its flagship Nicholas-Denys Project in New Brunswick. This announcement coincides with the completion of an extensive structural study conducted by Terrane Geoscience Inc., which independently confirms that silver-gold-zinc mineralization is structurally controlled along northeast-southwest trending shear zones. The findings suggest the mineralized corridor may extend to approximately 3 kilometres, featuring multiple interconnected zones with grades exceeding 100 g/t silver. Additionally, the study uncovers evidence of a younger gold-bearing mineralization event, presenting a new exploration direction for the property.
Key Points
- Silver Acadia Exploration Inc. (CSE: SLA) reports new high-grade assay results from Phase 1 drilling at the Hachey Zone
- Independent structural analysis by Terrane Geoscience Inc. validates that silver-gold mineralization is structurally controlled along northeast-southwest shear zones and S1 foliation
- Drilling data and structural modeling indicate a mineralized corridor approximately 3 kilometres long with multiple connected zones grading over 100 g/t silver
- Notable drill intersections include 0.95 m @ 1,210.1 g/t silver, 4.6 g/t gold, 4.82% zinc, and 5.38% lead, and 2 m @ 621.1 g/t silver with 2.6 g/t gold
- Discovery of a potential third, younger gold-bearing mineralization event (M3) may overprint earlier silver-rich systems, offering a fresh exploration opportunity
Structural Study Redefines Mineralization Controls at Hachey Zone
Silver Acadia engaged Terrane Geoscience Inc., based in Fredericton, New Brunswick, to perform integrated structural mapping and interpretation of the Hachey and Shaft Zones at the Nicholas-Denys Project. The study concludes that the primary silver-gold-zinc mineralization—classified as M1 and M2 in the geological framework—is structurally controlled, occurring mainly along the regional S1 foliation and northeast-southwest trending shear zones. These structures likely served as main conduits for hydrothermal fluids depositing the minerals.
The mineralized structures align broadly with the regional Rocky Brook-Millstream Fault (RBMF), a major crustal-scale fault believed to have focused mineralizing fluids across the district. Structural evidence indicates that M2 mineralization formed during or shortly after the initial deformation event (D1). The close association with the Late Devonian Nicholas-Denys granodiorite (dated at 381 ± 4 Ma) supports a magmatic-hydrothermal origin for the mineralizing fluids.
Integrated Data Reveals 3-Kilometre Mineralized Corridor
By combining detailed structural mapping, Phase 1 drilling results, and over 125,000 metres of historical drilling data, Silver Acadia has enhanced its understanding of the mineralizing system. The analysis points to a mineralized corridor roughly 3 kilometres in length, containing multiple connected zones with silver grades exceeding 100 g/t. The company notes that further drilling and geological studies are necessary to confirm the corridor’s continuity and full extent.
The recent drilling expansion of the Hachey Zone underscores the potential for a larger high-grade system. Silver Acadia interprets the property as hosting a 3-kilometre zone featuring multiple high-grade silver shoots within a broader lower-grade mineralized envelope. This marks a shift from viewing the Hachey Zone as isolated high-grade intercepts to recognizing it as a structurally controlled, systematically targetable mineralizing system.
Phase 1 Drilling Highlights Ultra-High-Grade Intersections
Recent Phase 1 drill holes continue to intersect significant silver, gold, and zinc mineralization in the Hachey Zone. Highlighted assay results include hole ND26-007A with 0.95 metres grading 1,210.1 g/t silver, 4.6 g/t gold, 4.82% zinc, and 5.38% lead (equivalent to 1,426.9 g/t silver). Hole ND26-009 returned 3.85 metres at 71.4 g/t silver, 0.2 g/t gold, 2.24% zinc, and 0.91% lead, including 0.4 metres at 600.3 g/t silver equivalent, and 2 metres grading 621.1 g/t silver, 2.6 g/t gold, 4.94% zinc, and 3.21% lead (796.8 g/t silver equivalent).
Hole ND26-010 intersected 5.2 metres at 184 g/t silver, 0.68 g/t gold, 1.72% zinc, and 1.10% lead, including 0.5 metres at 1,508.4 g/t silver equivalent. Hole ND26-011B reported 2.6 metres at 129.2 g/t silver, 0.35 g/t gold, 1.66% zinc, and 1.14% lead, plus 0.3 metres at 206 g/t silver, 0.27 g/t gold, 5.14% zinc, and 5.02% lead. All assay values are uncut, with intervals representing drilled intercept lengths; true widths remain undetermined as mineralization is open in all directions.
Multiple Mineralization Events Indicate Complex System
The structural study identifies a younger mineralization phase, labeled M3, characterized by carbonate-quartz-pyrite veinlets that crosscut earlier alteration and main silver-lead-zinc mineralization. This later hydrothermal event may explain elevated gold grades in recent drill intersections. The company notes at least two high-grade silver mineralizing events are evident from cross-cutting geological relationships.
The potential third, younger gold-bearing mineralization phase opens a new exploration avenue for Silver Acadia. CEO Julien Davy stated that confirmation of this interpretation through ongoing drilling and petrographic analysis would reveal a more complex and extensive mineralizing system at Nicholas-Denys.
Drilling Program and Geological Context
The Hachey Zone drilling campaign began in January 2026, targeting an epithermal-style silver-gold-zinc-lead mineralized system. Drilling intersected strongly foliated sedimentary sequences composed of alternating wacke and mudrock units hosting early quartz veins, massive sulphide veins, and rare porphyritic felsic intrusive dykes. Details of the Phase 1 drill program were previously disclosed in Silver Acadia’s press releases dated April 1, 2026, and April 23, 2026.
Located within and adjacent to New Brunswick’s Bathurst Mining Camp, the Nicholas-Denys Project covers over 250 square kilometres of prospective mineral claims. Silver Acadia focuses on exploration targets typical of the Appalachian geological setting, including silver-lead-zinc VMS systems, structurally controlled gold systems, and intrusion-related antimony-gold systems.
Quality Control and Technical Validation
NQ diamond drill core samples were prepared at ALS Global’s Moncton, New Brunswick facility and assayed at their Vancouver, British Columbia laboratory. Quality assurance includes the use of blanks, certified standards, and duplicate samples inserted regularly by Silver Acadia personnel. ALS Global operates under ISO 17025 and ISO 9001 standards and is independent of the company.
Julien Davy, P.Geo., M.Sc, MBA, Chief Executive Officer of Silver Acadia Exploration Inc., is the qualified person under National Instrument 43-101 responsible for reviewing and approving the technical content of this release. The company notes that historical results compiled from New Brunswick government assessment reports and other public sources are considered historical and have not been independently verified.
Strategic Outlook for Phase 2 Exploration
The integration of structural insights with recent drilling results enhances Silver Acadia’s understanding of the mineralizing system and will inform the Phase 2 drill program. The structural framework offers predictable controls for future drilling, lowering exploration risk by identifying orientations and locations of mineralized structures likely to host additional high-grade zones. This systematic understanding significantly boosts confidence in expanding the discovery through continued drilling.
The recognition of multiple mineralization events, especially the younger gold-bearing phase, suggests a more complex and layered mineral system at Nicholas-Denys. This enables targeting of different depths and structural positions for both silver-lead-zinc and gold mineralization in upcoming campaigns.
Qualified Person Statement and Historical Data Disclaimer
Additional drilling and geological work are required to verify the continuity and extent of the interpreted 3-kilometre mineralized corridor. True widths of mineralized bodies remain undetermined as mineralization is open in all directions. These standard exploration disclosures indicate further efforts are needed to refine resource estimates and expand known mineralization.
Historical results referenced were sourced from New Brunswick government assessment reports and public data. The qualified person has not independently verified these results, which should be treated as historical in nature. This disclosure complies with National Instrument 43-101 standards and reflects Silver Acadia’s commitment to professional mineral project reporting.
