Anaconda Mining Inc. – is pleased to announce that it has entered into a $5 million term loan from the Royal Bank of Canada . The Facility will provide the Company with enhanced financial flexibility and allow it to complete all pre-construction activity at its 100%-owned Goldboro Gold Project in Nova Scotia without further equity financing. In [...]
Anaconda Mining Inc. – is pleased to provide an update on the exploration and development activities at the Argyle Deposit , located approximately 4.5 kilometres from the Company's operating Pine Cove Mill and tailings facility at the Point Rousse Project in Newfoundland . Since announcing the Argyle Mineral Resource Estimate on January 8, 2018 [...]
Anaconda Mining Inc. is pleased to announce the final results from the 10,000-metre drill program that began in July 2018 at the Goldboro Gold Project in Nova Scotia . Anaconda drilled four holes , totaling 1,456 metres to extend the existing Goldboro Deposit towards the east along strike. The EG Drill Program successfully intersected the host fold [...]
Anaconda Mining Inc. – is pleased to report its financial and operating results for the three months and year ended December 31, 2018. In 2017, the Company changed its fiscal year end to December 31, from its previous fiscal year end of May 31. For comparative purposes, the results for the year ended December 31, 2018, have been compared to [...]
Anaconda Mining Inc. – is pleased to provide an update on the development activities at its 100%-owned Goldboro Gold Project in Nova Scotia, Canada. Since publishing the Goldboro preliminary economic assessment dated March 2, 2018 and updated on October 25, 2018, Anaconda has been executing a 10,000-tonne underground bulk sample , advancing its [...]
Anaconda Mining Inc. – is pleased to announce that the Company has been selected as one of three finalists to pitch to the distinguished panel of judges at the Goldcorp #DisruptMining 2019 live finale, during PDAC 2019. Allan Cramm, Anaconda's Vice President of Innovation & Development will present a new drilling approach that has the [...]
TORONTO, Feb. 20, 2019 /CNW/ - Anaconda Mining Inc. is pleased to announce the results of a 3,434-metre drill program that began in November, 2018 and included drilling around the Pine Cove mine and the Stog'er Tight mine at the Company's Point Rousse Project in Newfoundland . A total of 33 drill holes successfully infilled and extended [...]
Anaconda Mining Inc. is pleased to announce it has completed an updated Mineral Resource Estimate for the Rattling Brook Deposit of the Great Northern Project in Newfoundland and an initial Mineral Resource Estimate for the Cape Spencer Gold Project in New Brunswick. The Mineral Resource Estimates are presented below in Tables 1 and 3. The Great [...]
Anaconda Mining Inc. is pleased to announce production results and certain financial information for the three months and year ended December 31, 2018. All dollar amounts are in Canadian Dollars. The Company expects to file its full audited annual financial statements and management discussion and analysis by February 28, 2019. 2018 Highlights [...]
Anaconda Mining Inc. is pleased to announce additional results from the 10,000-metre drill program that began in July 2018 at the Goldboro Gold Project in Nova Scotia . Fifteen drill holes , totaling 4,866 metres , successfully infilled the West Goldbrook Gold System over 400 metres of existing strike length and extended the WG Gold System 200 [...]
Anaconda Mining Inc. – is pleased to announce the filing of the updated technical report prepared in accordance with National Instrument 43-101 regarding an update to the Mineral Resource Estimate for its 100%-owned Goldboro Gold Project in Nova Scotia, Canada. The technical report is available under the Company's profile on SEDAR at [...]
Anaconda Mining Inc. is pleased to announce initial drill results from a 10,000-metre drill program that began in July 2018 at the Goldboro Gold Project in Nova Scotia . Six drill holes successfully targeted a previously untested deeper area of the Boston Richardson Gold System over 350 metres of strike and to depths of 525 metres . Drilling [...]
