| Trading Symbol: ADA:TSX; C2Z-Frankfurt | News Release No. 31-07 |
| Shares Outstanding: 142,030,407 | November 28, 2007 |
ACADIAN MINING?S SUBSIDIARY, ROYAL ROADS CORP., DRILLS 7.44 METRES OF 273.6 G/T SILVER, 17.7% ZINC, 7.8% LEAD, 1.0% COPPER, 0.96 G/T GOLD
Acadian Mining Corporation (ADA:TSX) ("Acadian" or "Corporation") announced today that its 44.42% owned subsidiary, Royal Roads Corp. (RRO:TSX-V) (Royal Roads), is pleased to provide the following additional results from its ongoing 11,000 metre drilling program on the 100% owned Daniels Pond base metal deposit in Central Newfoundland. Infill drilling on the deposit?s Southwest Lobe continues to confirm continuity and grade of the deposit. Recent highlights of this drilling include hole DN-07-111 which intersected 26.5% combined base metal mineralization over a true width of 7.44 metres assaying 17.7% zinc, 7.8% lead, 1.0% copper, 273.6 g/t silver and 0.96 g/t gold. See tables below for drill results. The complete Royal Roads news release is available at www.royalroadscorp.ca.
Table 1 - Results for infill drilling on the Daniels Pond deposit?s Southwest Lobe
| Drill hole | From (m) | To (m) | Core length (m) | Estimated true width (m)* | Zn Pb Cu Combined (%)** | Zn (%) | Pb (%) | Cu (%) | Ag (g/t) | Au (g/t) |
| DN-07-101 | 58.05 | 69.65 | 11.60 | 9.50 | 1.37 | 1.09 | 0.25 | 0.03 | 9.77 | 0.08 |
| including | 64.55 | 65.20 | 0.65 | 0.53 | 5.23 | 3.30 | 1.79 | 0.14 | 24.70 | 0.19 |
| and | 99.63 | 104.37 | 4.74 | 3.51 | 3.96 | 2.76 | 1.02 | 0.18 | 53.98 | 0.19 |
| including | 100.25 | 100.75 | 0.50 | 0.37 | 13.27 | 8.40 | 4.00 | 0.87 | 270.50 | 0.21 |
| also | 103.05 | 103.55 | 0.50 | 0.37 | 11.50 | 9.50 | 1.71 | 0.29 | 83.60 | 0.21 |
| DN-07-104 | 80.25 | 87.23 | 6.98 | 5.54 | 4.32 | 2.60 | 1.55 | 0.17 | 58.31 | 0.46 |
| including | 84.05 | 86.77 | 2.72 | 2.23 | 8.22 | 4.96 | 2.95 | 0.31 | 87.60 | 0.79 |
| with | 85.23 | 85.73 | 0.50 | 0.41 | 22.06 | 13.50 | 8.00 | 0.56 | 157.50 | 1.39 |
| DN-07-105 | 28.75 | 30.68 | 1.93 | 1.48 | 1.59 | 1.18 | 0.34 | 0.07 | 24.24 | 0.27 |
| DN-07-108 | 21.54 | 24.95 | 3.41 | 3.09 | 25.66 | 16.13 | 8.40 | 1.13 | 270.17 | 1.71 |
| including | 22.75 | 23.30 | 0.55 | 0.50 | 34.26 | 22.80 | 10.00 | 1.46 | 236.30 | 0.85 |
| and | 33.20 | 41.20 | 8.00 | 7.52 | 15.47 | 9.94 | 4.96 | 0.57 | 190.83 | 0.59 |
| including | 33.20 | 38.00 | 4.80 | 4.51 | 24.43 | 15.52 | 8.04 | 0.87 | 306.36 | 0.83 |
| with | 33.70 | 34.20 | 0.50 | 0.47 | 36.17 | 24.30 | 10.60 | 1.27 | 352.70 | 1.02 |
| DN-07-109 | 41.00 | 41.50 | 0.50 | 0.41 | 2.54 | 1.57 | 0.87 | 0.10 | 19.90 | 0.04 |
| and | 83.18 | 87.75 | 4.57 | 4.29 | 6.79 | 4.16 | 2.38 | 0.25 | 128.44 | 0.40 |
| including | 85.21 | 85.76 | 0.55 | 0.52 | 15.14 | 9.00 | 5.70 | 0.44 | 304.80 | 0.41 |
| DN-07-111 | 18.53 | 28.25 | 9.72 | 7.44 | 26.47 | 17.70 | 7.79 | 0.98 | 273.58 | 0.96 |
| including | 18.53 | 22.35 | 3.82 | 2.93 | 30.49 | 22.05 | 7.31 | 1.13 | 250.56 | 1.18 |
| with | 19.53 | 20.53 | 1.00 | 0.76 | 46.51 | 41.20 | 3.90 | 1.41 | 172.95 | 1.17 |
| also | 23.95 | 28.25 | 4.30 | 3.29 | 32.69 | 20.39 | 11.10 | 1.20 | 394.67 | 1.06 |
| including | 24.95 | 25.45 | 0.50 | 0.38 | 47.01 | 28.20 | 17.40 | 1.41 | 565.10 | 1.64 |
| and | 30.75 | 33.00 | 2.25 | 1.94 | 2.45 | 1.68 | 0.70 | 0.07 | 23.02 | 0.10 |
| including | 32.43 | 33.00 | 0.57 | 0.56 | 5.09 | 4.00 | 0.93 | 0.16 | 33.60 | 0.16 |
*Estimated true widths have been measured based on observed contacts (core angles in drill core).
** Combined zinc, lead and copper percentages for each interval added together.
Table 2 - Drilling results for the eastern margin of the Daniels Pond deposit?s Southwest Lobe
| Drill hole | From (m) | To (m) | Core length (m) | Estimated true width (m)* | Zn Pb Cu Combined (%)** | Zn (%) | Pb (%) | Cu (%) | Ag (g/t) | Au (g/t) |
| DN-07-097 | No significant assays observed |
| DN-07-098 | 129.00 | 130.00 | 1.00 | 0.86 | 2.37 | 1.39 | 0.89 | 0.09 | 34.55 | 0.20 |
| DN-07-099 | 246.35 | 252.26 | 5.91 | 5.24 | 3.96 | 2.71 | 1.01 | 0.23 | 52.62 | 0.78 |
| including | 247.85 | 250.00 | 2.15 | 1.90 | 5.19 | 4.10 | 0.91 | 0.18 | 37.22 | 0.18 |
| with | 248.89 | 249.25 | 0.36 | 0.32 | 11.64 | 10.70 | 0.42 | 0.52 | 21.60 | 0.16 |
| DN-07-100 | 134.50 | 135.57 | 1.07 | 0.78 | 1.96 | 1.20 | 0.56 | 0.20 | 22.60 | 0.12 |
| DN-07-103 | 195.10 | 195.60 | 0.50 | 0.32 | 0.75 | 0.72 | 0.02 | 0.01 | 3.08 | 0.01 |
| DN-07-106 | 199.56 | 200.25 | 0.69 | 0.60 | 1.58 | 1.13 | 0.29 | 0.16 | 34.20 | 1.06 |
| DN-07-107 | 235.29 | 239.69 | 4.40 | 2.52 | 4.08 | 2.65 | 1.28 | 0.15 | 54.88 | 0.72 |
| including | 235.29 | 236.00 | 0.71 | 0.31 | 10.17 | 7.10 | 2.80 | 0.27 | 82.50 | 1.53 |
| including | 239.14 | 239.69 | 0.55 | 0.41 | 5.97 | 4.30 | 1.47 | 0.20 | 93.20 | 1.55 |
| DN-07-110 | 100.95 | 102.00 | 1.05 | 0.80 | 1.37 | 1.17 | 0.09 | 0.11 | 6.80 | 0.11 |
| and | 189.05 | 190.05 | 1.00 | 0.77 | 6.62 | 4.00 | 2.35 | 0.27 | 123.15 | 0.37 |
| including | 189.55 | 190.05 | 0.50 | 0.38 | 7.04 | 4.40 | 2.30 | 0.34 | 161.00 | 0.35 |
| DN-07-112 | 60.80 | 62.80 | 2.00 | 1.53 | 2.57 | 1.79 | 0.71 | 0.08 | 85.95 | 0.88 |
| and | 178.35 | 179.35 | 1.00 | 0.79 | 4.92 | 3.15 | 1.64 | 0.13 | 43.65 | 0.27 |
*Estimated true widths have been measured based on observed contacts (core angles in drill core).
** Combined zinc, lead and copper percentages for each interval added together.
Table 3 - Daniels Pond Deposit ? Deep Exploration Drilling Results
| Drill hole | From (m) | To (m) | Core length (m) | Estimated true width (m)* | Zn-Pb-Cu Combined (%)** | Zn (%) | Pb (%) | Cu (%) | Ag (g/t) | Au (g/t) |
| DN-07-092A | 262.90 | 268.50 | 5.60 | 4.85 | 1.67 | 1.23 | 0.24 | 0.20 | 13.87 | 0.68 |
| and | 286.83 | 295.56 | 8.73 | 6.17 | 4.59 | 2.92 | 1.53 | 0.14 | 73.49 | 0.41 |
| including | 286.83 | 290.33 | 3.50 | 2.47 | 7.90 | 5.27 | 2.41 | 0.22 | 116.81 | 0.43 |
| also | 294.83 | 295.56 | 0.73 | 0.52 | 9.55 | 6.60 | 2.48 | 0.47 | 205.50 | 1.69 |
| DN-07-096 | 356.32 | 359.95 | 3.63 | 2.86 | 2.29 | 1.55 | 0.65 | 0.09 | 24.47 | 0.36 |
| including | 356.76 | 357.26 | 0.50 | 0.40 | 4.63 | 3.20 | 1.25 | 0.18 | 47.90 | 0.33 |
| and | 364.62 | 366.00 | 1.38 | 1.19 | 1.55 | 1.14 | 0.28 | 0.13 | 8.92 | 0.46 |
| DN-07-102A | No significant assays. |
* Estimated true widths have been measured based on observed contacts (core angles in drill core).
** Combined zinc, lead and copper percentages for each interval.
Results for hole DN-07-092A were previously released by Royal Roads on October 10, 2007 in release #19-07.
Management?s Opinion
Terry Coughlan, Vice President stated, ?Management is very pleased with the current results. Daniels Pond continues to demonstrate the potential of the Newfoundland assets.?
Other Results ? Parking Lot Prospect Drilling
On August 21, 2007, Royal Roads announced drilling had commenced on the Parking Lot prospect, located approximately 1,500 m northeast of the Daniels Pond deposit. This prospect was known to consist of copper sulphide stockwork mineralization returning historical channel sample assays from trenched bedrock exposures of up to 1.95% Cu over 3 m, including grab samples assaying up to 20% Cu. Limited previous drilling of the prospect returned anomalous sulphide mineralization in two zones, including a shallow zone assaying 4.5% Zn over 1.21 m as well as a deeper zone assaying 1.44% Cu over 1.4 m. Royal Roads has since completed a four-hole, 838 m drill program on the prospect with assay results now available. The program tested the zone along strike and at shallow depths beneath the bedrock exposure as well as tested discrete gravity anomalies located 400 m southwest, and 300 m northeast, potentially along strike of the prospect. Results include highlight assays of 1.79% Zn over a core length 1 m believed to be an extension of the shallow zinc zone and a deeper intercept assaying 0.08% Zn and 0.56% Cu over a core length of 3.32 m believed to be correlative with the deeper copper zone and stringer copper mineralization exposed in the trenches. Drilling of the two discrete gravity anomalies failed to yield outstanding results with highlight assay intervals of 3.1% Zn 0.02% Pb, 0.68% Cu, 3.1 g/t Ag and 0.04 g/t Au over a core length of 0.5 m as well as another intercept deeper in the same hole of 3.2% Zn 0.01% Pb, 0.06% Cu, 0.7 g/t Ag and <0.01 g/t Au. Both gravity anomalies tested are believed to have been explained by mafic rocks intersected by the drilling.
Sampling Procedure
The drill program is being managed by Mercator Geological Services Limited of Dartmouth Nova Scotia under the direction of Peter Webster, P.Geo., (NL). Drill intercepts quoted are core lengths and estimated true widths have also been calculated where possible using observed contacts in drill core. Logging, sampling and assaying procedures are being completed as per Royal Roads QA/QC protocols as described in Royal Roads press release dated February 27, 2007. All assays were prepared by Eastern Analytical Limited of Springdale, Newfoundland. Paul Moore, M.Sc., P.Geo., (NL), Royal Road?s Vice President of Exploration, is acting as Qualified Person in compliance with National Instrument 43-101 with respect to Royal Roads? release and has reviewed the contents for accuracy.
Other
Terence Coughlan, B.Sc., P.Geo., is acting as Qualified Person in compliance with National Instrument 43-101 with respect to this release and has reviewed the contents for accuracy.
About the Corporation
Acadian Mining Corporation is a Halifax, Nova Scotia, Canada based mining company which operates a zinc-lead mine (Scotia Mine) at Gays River, Nova Scotia. The Corporation is focused on exploring and developing gold, zinc-lead, and barite properties in Atlantic Canada.
The Scotia Mine operates as an open pit mine and is expected to produce 30,000 tonnes of high grade zinc concentrate and 10,000 tonnes of high grade lead concentrate per year. Please see News Release No. 16-06, July 17, 2006 for further details.
The Corporation is also focused on developing four advanced gold properties, Beaver Dam, Tangier, Forest Hill and Goldenville, which form the core holdings of the Scotia Goldfields project. All of the four advanced properties host gold resources described in technical reports prepared in compliance with National Instrument 43-101 and are available on www.sedar.com. A summary of gold resources for Goldenville, Forest Hill and Tangier is provided in News Release No. 01-06, January 5, 2006, under the paragraph titled "About Acadian Gold". A summary of gold resources for Beaver Dam is provided in News Release No 23-07, July 16, 2007. The Corporation is bringing a new approach to the development of Nova Scotia gold deposits by pursuing a multiple mine, central processing, managing and servicing strategy.
The Corporation holds a 44.42% equity interest in Royal Roads Corp. (?Royal Roads?) (RRO-TSX-V). Royal Roads? principal asset is a 16,075 hectare (approximately 32 km x 5 km) mineral property known as the Tulks North property which is strategically located in the centre of the world-class Buchans base metal camp in central Newfoundland, Canada. In addition, Royal Roads holds a 34.05% equity interest in Buchans River Ltd. (?Buchans River?) (BUV?TSX-V), which also holds a highly prospective property portfolio in the Buchans camp. Acadian?s indirect interest in Buchans River is 15.13%.
Royal Roads' Tulks North property is host to the Daniels Pond deposit which was discovered by BP Resources Canada Ltd. in 1989. Royal Roads reported (see News Release issued November 7, 2006) an inferred resource (Zn cutoff = 2%, S.G. 4.0) of 1.69 million tonnes grading 0.57% copper, 4.40% lead, 8.37% zinc, 196.9 g/t silver and 0.68 g/t gold over an average width of 4.2 metres.
Forward Looking Statement
Certain information regarding the Corporation 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 the Corporation 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. The Corporation cautions that actual performance will be affected by a number of factors, many of which are beyond the Corporation?s control, and that future events and results may vary substantially from what the Corporation currently foresees. Discussion of the various factors that may affect future results is contained in the Corporation?s 2006 Annual Report which is available at www.sedar.com. The Corporation?s forward-looking statements are expressly qualified in their entirety by this cautionary statement.
For additional information on the Corporation?s properties and activities, please visit our web site at www.acadianmining.com. If you wish to be added to the Corporation?s e-mail or fax distribution list for future news releases and updates, please contact Acadian at phone: 902 444-7779, fax: 902 444-3296, email: mail@acadianmining.com.
FOR FURTHER INFORMATION, PLEASE CONTACT:
G. William Felderhof, President & CEO
or Terry F. Coughlan, Vice President
(902) 444-7779 Toll Free: 877-444-7774
mail@acadianmining.com
Halifax, Nova Scotia
No regulatory authority has approved or disapproved the contents of this RELEASE.
&NBSP;
