Silver Acadia Exploration Inc. has reported final assay results from its Phase 1 drill program at the flagship Nicholas-Denys Project in New Brunswick, returning high-grade silver, gold, zinc, and lead intercepts at the Hachey Zone alongside broad copper intervals at the Millstream Zone.

The final drill batch included hole ND26-006, which intersected 5.5 metres grading 374 g/t silver, 1.4 g/t gold, 2.50% zinc, and 2.34% lead, including an 1.8-metre interval grading 878.8 g/t silver, 3.65 g/t gold, 5.88% zinc, and 5.36% lead, representing a metal equivalent of 1,131 g/t. Hole ND26-004 returned 1.1 metres grading 467 g/t silver, 0.72 g/t gold, 3.70% lead, and 3.04% zinc.

Drilling across the Millstream and Pine Tree W zones also tested the wider regional system. At Millstream, hole BC26-004 intersected 23.8 metres grading 0.49% copper, while hole BC26-003 returned 9.8 metres grading 0.85% copper and 0.48% zinc. Silver Acadia holds more than 250 square kilometres of mineral claims across its New Brunswick properties. The company formerly operated under the name Canadian Metals Inc. before adopting its current corporate identity in February 2026.

“Our systematic approach to Nicholas-Denys has significantly improved our understanding of the mineralized zones and, importantly, their relationship with secondary structures. We believe this is revealing the potential for a district-scale mineralized system.”

“Within our 3-kilometre Main Zone of Interest, our evolving interpretation points to multiple high-grade silver shoots within broader mineralized envelopes. Beyond this initial area of focus, mineralization at Pine Tree W and the copper-rich Millstream Zone demonstrates that the broader Rocky Brook-Millstream structural system remains prospective and significantly underexplored.”

— Julien Davy, CEO

The Phase 1 program integrated core scanning, summer mapping, and structural modeling with an extensive historical database. Silver Acadia is planning a subsequent Phase 2 drill program to follow up on the targets defined across the corridor.

Read the full announcement: Silver Acadia Reports Final Phase 1 Drill Results and Highlights Broader Mineralized System at Nicholas-Denys Silver Project