Anaconda Mining Inc. is pleased to announce that it has initiated various exploration programs at its 100% owned Tilt Cove Gold Project, located within the Baie Verte Mining District in Newfoundland, approximately 45 kilometres by road from the Company's Pine Cove Mill and long-term tailings storage facility . Anaconda has consolidated more than [...]
Anaconda Mining Inc. is pleased to report its financial and operating results for the three months ended June 30, 2021 . The consolidated interim financial statements and management discussion and analysis documents can be found at www.sedar.com and the Company's website, www.anacondamining.com. All dollar amounts are in Canadian dollars unless [...]
Anaconda Mining Inc. is pleased to announce final results from 733 metres of a 5,158-metre infill drill program at Stog'er Tight . The final drill holes tested the margins of the potential open pit shells and encountered mineralization that may broaden the preliminary pit at its margins. With the final drill results received, the Company will [...]
Anaconda Mining Inc. is today announcing production results and certain financial information from the three and six months ended June 30, 2021 . The Company is also pleased to announce it has obtained a $3 million credit facility with the Royal Bank of Canada , further strengthening its financial liquidity. All dollar amounts are in Canadian [...]
Anaconda Mining Inc. is pleased to announce plans for an exploration program for the summer and fall of 2021 near the Company's wholly owned Point Rousse operation in the Baie Verte Mining District of Newfoundland. The $1.5 million exploration program, funded from the recent $8.5 million flow-through financing, consists of 100-line kilometres of a [...]
Anaconda Mining Inc. is pleased to announce results from 1,028 metres of a 5,158-metre infill drilling program at Stog'er Tight . The Stog'er Tight Deposit is located three kilometres from the Pine Cove Mill and Tailings Facility and the Company has commenced permitting activities related to the development of the area in conjunction with the [...]
Pre-tax Net Present Value 5% of $805M with a pre-tax IRR of 29.0% After-tax Net Present Value 5% of $547M with an after-tax IRR of 24.4% Anaconda Mining Inc. is pleased to report the results of the Preliminary Economic Assessment prepared in accordance with National Instrument 43-101 for its 100% owned Goldboro Gold Project in Nova Scotia, Canada [...]
Anaconda Mining Inc. is pleased to announce the results of a diamond drill program conducted at the Company's 100%-owned Goldboro Gold Project in Nova Scotia, as well as the results of a drill program completed at the nearby Lower Seal Harbour Property in the winter of 2021. The Goldboro Infill Drill Program was initiated following the [...]
Anaconda Mining Inc. is pleased to announce it has commenced a 20,000 metre diamond drill program at its wholly-owned Goldboro Gold Project in Nova Scotia, Canada. The Drill Program, which is in addition to the 3,500-metre drill program announced in March 2021, will be primarily focused on infill drilling designed to convert priority Inferred [...]
Anaconda Mining Inc. is pleased to announce that it has completed the private placement under an agreement with Raymond James Ltd. announced on April 28, 2021 and later upsized on April 30, 2021 . Pursuant to the Offering, the Company issued 10,241,000 common shares in the capital of the Company for aggregate gross proceeds of $8,500,030. The FT [...]
Anaconda Mining Inc. - is pleased to announce that all resolutions proposed to shareholders at the annual and special meeting held today were duly passed. All the nominees listed in the management information circular for the meeting were elected as directors of the Company. Detailed results of the vote for the election of directors are set out [...]
Anaconda Mining Inc. is pleased to announce the results of an additional 6,327.3 metres from an ongoing 10,000 metre diamond drill program at its Tilt Cove Gold Project , located within the Baie Verte Mining District in Newfoundland, approximately 45 kilometres by road from the Company's Pine Cove Mill and long-term tailings facility. The Drill [...]
