5 advanced properties with NI 43-101 resources of 1.7 MM oz. of gold

Recent Drill Results: 2.03 g/T over 106.8 metres, including 2.81 g/T over 72.9 metres

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Message: NR-intersects 41.0 m of 1.15 g/t gold incl. 8 m of 3.93 g/t at Beaver Dam, NS

NR-intersects 41.0 m of 1.15 g/t gold incl. 8 m of 3.93 g/t at Beaver Dam, NS

posted on Feb 26, 2010 09:00AM

Acadian Mining intersects 41.0 meters grading 1.15 g/t gold including 8 meters grading 3.93 g/t gold at Beaver Dam, Nova Scotia

	    <<
	    Trading Symbol: ADA:TSX; C2Z-Frankfurt
	    Shares Outstanding: 491,691,616
	    >>

	    HALIFAX, Feb. 25 /CNW/ - Acadian Mining Corporation (TSX: ADA) ("Acadian"
or the "Company") announced the results of the remaining 7 diamond drill holes
of the recently completed 14 hole, 2360.5 meter program, on the Beaver Dam
gold property, Nova Scotia. The current resource is based on drilling at a 25
m line spacing and 20 m along the line grid pattern. The ultimate objective is
to move the project, which is being evaluated for both its bulk tonnage-open
pit potential and underground potential at depth, to the feasibility stage.
Further exploration drilling is also planned with the objective of expanding
resources.
	    The highlights of drill holes BD-09-147 to BD-09-153 are presented in
Table 1 below. A list of highlights of previously released drill holes
(BD-09-140 to BD-09-146) are presented in Table 2.

	    <<
	    Table 1 Significant Results - Drill Holes BD-09-147 to BD-09-153
	    ----------------------------------------------------------------

	    -------------------------------------------------------------------------
	    Drill Holes     From (m)         Interval (m)     Gold Grade (uncut g/t)
	    -------------------------------------------------------------------------
	    BD-09-147          160                 10                  .45
	    -------------------------------------------------------------------------
	    BD-09-148          160                 19                  .51
	    -------------------------------------------------------------------------
	       and             192                  8                 1.10
	    -------------------------------------------------------------------------
	    BD-09-149          169                 10                 1.03
	    -------------------------------------------------------------------------
	       and             187                  9                 1.25
	    -------------------------------------------------------------------------
	    BD-09-150          202                 48                  .61
	    -------------------------------------------------------------------------
	    Including          244                  6                 1.21
	    -------------------------------------------------------------------------
	    BD-09-151          153                 11                  .53
	    -------------------------------------------------------------------------
	    BD-09-152           74                 41                 1.15
	    -------------------------------------------------------------------------
	    Including          107                  8                 3.93
	    -------------------------------------------------------------------------
	    BD-09-153          173                  8                 4.38
	    -------------------------------------------------------------------------
	    >>

	    The true width of gold mineralized intercepts, except for BD-09-153,
varies from approximately 80% (-50 dip hole) to 85% (-45 dip hole) of the
intercept width. Drill hole BD-09-153 was drilled at the Mill Shaft area,
approximately 800 meters west of the Main Zone. This hole intersected a narrow
quartz vein at a fold hinge, and as such was for a large part in the plane of
the vein. However, the vein showed visible gold over several meters. Future
efforts in the Mill Shaft area are expected to focus on solving geological
structure and following up on historical gold drill intercepts.
	    Drill holes BD-09-147 to BD-09-151 were drilled to test the depth
potential of discrete higher grade zones within wide zones of low grade gold
mineralization being assessed for bulk tonnage - open pit potential. This
drilling has confirmed the continuity of the key vein structures at depth.
Furthermore, additional information needs to be collected to better understand
possible structural controls on higher grade zones. Present interpretation
points to steeply plunging shoots.
	    Results in drill hole BD-09-152, an infill hole drilled in the centre of
the Main Zone, supported drill hole results on adjacent lines 12.5 meters to
the east and west.

	    <<
	    Table 2 Significant Results - Drill Holes BD-09-140 to BD-09-146
	    ----------------------------------------------------------------
	    (Previously Released Nov 4, 09 and December 15, 09)
	    ---------------------------------------------------


	    -------------------------------------------------------------------------
	    Drill Holes     From (m)         Interval (m)     Gold Grade (uncut g/t)
	    -------------------------------------------------------------------------
	    BD-09-140        18.00              53.00                 2.25
	    -------------------------------------------------------------------------
	    Including        18.00              21.00                 4.99
	    -------------------------------------------------------------------------
	    Including        38.00               1.00                81.08
	    -------------------------------------------------------------------------
	    BD-09-141        31.00              51.00                 1.42
	    -------------------------------------------------------------------------
	    Including        63.00              19.00                 2.11
	    -------------------------------------------------------------------------
	    Including        63.00               9.00                 3.48
	    -------------------------------------------------------------------------
	    BD-09-142         7.00              40.00                 0.87
	    -------------------------------------------------------------------------
	    Including        24.00              21.00                 1.12
	    -------------------------------------------------------------------------
	    Including        34.00              10.00                 1.88
	    -------------------------------------------------------------------------
	    BD-09-143        23.00              55.00                 0.91
	    -------------------------------------------------------------------------
	    Including        23.00              30.00                 1.25
	    -------------------------------------------------------------------------
	    Including        23.00              18.00                 1.68
	    -------------------------------------------------------------------------
	    BD-09-144        54.00              33.00                 1.37
	    -------------------------------------------------------------------------
	    Including        70.00              14.00                 2.27
	    -------------------------------------------------------------------------
	    Including        70.00               8.00                 3.01
	    -------------------------------------------------------------------------
	    BD-09-145       155.00               1.00                18.70
	    -------------------------------------------------------------------------
	       And          202.00              20.00                 0.87
	    -------------------------------------------------------------------------
	    Including       207.00               3.00                 3.13
	    -------------------------------------------------------------------------
	    Including       207.00               9.00                 1.38
	    -------------------------------------------------------------------------
	    BD-09-146       159.00               1.00                 5.84
	    -------------------------------------------------------------------------
	       And          159.00              17.00                 0.87
	    -------------------------------------------------------------------------
	    Including       159.00              10.00                 1.22
	    -------------------------------------------------------------------------
	    >>

	    Drill hole co-ordinates for drill hole numbers BD-09-140 to BD-09-153 are
tabulated in the news release dated November 4, 2009. The true width of gold
mineralized intercepts in Table 2 above vary from approximately 80% (-50 dip
hole) to 85% (-45 dip hole) of the intercept width.
	    The Beaver Dam Main Zone as presently defined has a strike length of 725
meters and averages approximately 30 meters in width. Drilling to date has
generally been to shallow depths to support a potential bulk tonnage - open
pit development plan. However, limited deep drilling to date demonstrates the
continuity of the gold zones to depth, and supports the potential for a gold
deposit amenable to underground mining methods below the open pit target.
	    The current resource at Beaver Dam is comprised of cut indicated
resources of 446,000 oz. gold (9.08 million tonnes grading 1.53 g/t gold) and
cut inferred resources of 504,000 oz. gold (10.40 million tonnes grading 1.50
g/t gold) based on a lower cut-off of 0.3 g/t gold and top-cuts of 14 and 25
g/t gold. Details of the Beaver Dam resources are described in the "Technical
Report on the Updated Mineral Resource Estimate", effective date July 16, 2007
and filed on SEDAR September 17, 2007.

	    <<
	    Other
	    -----
	    >>

	    Terence F. Coughlan, P. Geo., is a qualified person as defined by
National Instrument 43-101 and has reviewed the technical information reported
in this news release for accuracy. All analyses were carried out by ALS Chemex
in Val d'Or.

	    <<
	    Technical Reports
	    -----------------
	    >>

	    "Technical Report on the Updated Mineral Resource Estimate for the Beaver
Dam Property, Halifax County, Nova Scotia, Canada", dated September 14, 2007
and filed on SEDAR September 17, 2007.

	    <<
	    About Acadian
	    -------------
	    >>

	    Acadian is a Halifax, Nova Scotia, Canada based mining company with five
advanced gold projects, all of which host National Instrument 43-101 compliant
resources. The Company also owns a zinc-lead mine (Scotia Mine) at Gays River,
Nova Scotia, which is currently on care and maintenance. Acadian is actively
exploring and developing its gold, zinc-lead, and barite properties in
Atlantic Canada. Acadian holds a 29.18% interest in Royal Roads Corp.
(RRO-TSX-V), which is actively exploring in Newfoundland and Labrador with a
current focus on the historic Buchans Camp.

	    <<
	    Forward Looking Statement
	    -------------------------
	    >>

	    Certain information regarding Acadian contained herein may constitute
forward-looking statements within the meaning of applicable securities laws.
Forward-looking statements may include estimates, plans, expectations,
opinions, forecasts, projections, guidance or other statements that are not
statements of fact. Although Acadian believes that the expectations reflected
in such forward-looking statements are reasonable, it can give no assurance
that such expectations will prove to have been correct. Acadian cautions that
actual performance will be affected by a number of factors, many of which are
beyond Acadian's control, and that future events and results may vary
substantially from what Acadian currently foresees. Discussion of the various
factors that may affect future results is contained in Acadian's Annual
Information Form dated March 31, 2009, which is available at www.sedar.com.
Acadian's forward-looking statements are expressly qualified in their entirety
by this cautionary statement.

	    <<
	    Additional Information
	    ----------------------
	    >>

	    For additional information on Acadian's properties and activities, please
visit our web site at www.acadianmining.com.
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