Acadian Mining confirms no material developments

    Trading Symbol: ADA:TSX; C2Z-Frankfurt
    Shares Outstanding: 170,549,112

    HALIFAX, May 12 /CNW/ - At the request of Market Surveillance, on behalf
of the Toronto Stock Exchange, Acadian Mining Corporation (TSX: ADA)
("Acadian" or the "Company") confirms that there are no material undisclosed
corporate developments to account for recent trading activity in the Company's
shares on the Toronto Stock Exchange.

    About Acadian

    Acadian is a Halifax, Nova Scotia, Canada based mining company that owns
a zinc-lead mine (Scotia Mine) at Gays River, Nova Scotia which has recently
been placed on care and maintenance, and is exploring and developing gold,
zinc-lead, and barite properties in Atlantic Canada.

    Additional Information

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

    No regulatory authority has approved or disapproved the contents of this

For further information:

For further information: G. William Felderhof, President & CEO; Terry F.
Coughlan, Vice President, (902) 444-7779, Toll Free: (877) 444-7774,

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Acadian Mining Corporation

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