Anaconda Mining reported today the initiation of diamond drilling at the Romeo and Juliet prospect near its Pine Cove gold mine on the Baie Verte Peninsula, Newfoundland. The 2000-meter definition drill program is expected to take approximately 4 to 6 weeks to complete. Detailed metallurgical and mine evaluation work is also ongoing. Depending upon [...]
TORONTO, ONTARIO -- (Marketwired) -- 06/19/13 -- Anaconda Mining Inc. ("Anaconda" or "the Company") - (TSX: ANX) is pleased to announce that on June 13, 2013, the Company made its final payment on a 5.5% interest bearing loan, originally advanced in the amount of $500,000, from the Newfoundland and Labrador Government's Department of Innovation [...]
TORONTO, ONTARIO -- (Marketwired) -- 06/18/13 -- Anaconda Mining Inc. ("Anaconda" or "the Company") - (TSX: ANX) is pleased to report that it has engaged Fugro Airborne Services to fly a helicopter-borne Electromagnetic/Magnetic survey over Anaconda's Pine Cove property on the Baie Verte Peninsula, Newfoundland. The airborne survey has begun and [...]
TORONTO, ONTARIO -- (Marketwired) -- 06/13/13 -- Anaconda Mining Inc. ("Anaconda" or "the Company") - (TSX: ANX) is pleased to announce certain financial and operating results from the fiscal fourth quarter and full year ended May 31, 2013. During the fourth quarter, the Company sold 4,367 ounces of gold and generated $6,780,307 in revenue at an [...]
TORONTO, ONTARIO -- (Marketwired) -- 06/05/13 -- Anaconda Mining Inc. ("Anaconda" or "the Company") (TSX: ANX) is pleased to report that it has successfully completed its second phase of diamond drilling on the Western Extension Area at the Pine Cove mine on the Baie Verte Peninsula, Newfoundland. Nine of ten drill holes intersected gold [...]
TORONTO, ONTARIO -- (Marketwired) -- 06/03/13 -- Anaconda Mining Inc. ("Anaconda" or "the Company") - (TSX: ANX) is pleased to announce that, on May 31, 2013, it made its final payment against the outstanding Convertible Loan, Series I Debentures and Series II Debentures (collectively, the "Loans"). The payment totaled $1,754,580 and comprised [...]
TORONTO, ONTARIO -- (Marketwired) -- 05/07/13 -- Anaconda Mining Inc. ("Anaconda" or "the Company") - (TSX: ANX) is pleased to announce that it recently initiated two metallurgical test programs at its Pine Cove gold mine on the Baie Verte Peninsula, Newfoundland. A 200 kg sample from Pine Cove's Romeo and Juliet zone along with a 200 kg sample [...]
TORONTO, ONTARIO -- (Marketwired) -- 05/06/13 -- Anaconda Mining Inc. ("Anaconda" or "the Company") - (TSX: ANX) is pleased to announce that the holders of the 8,179,838 warrants with a strike price of $0.08 exercised 3,053,020 warrants for gross proceeds of $244,242 while 5,126,818 warrants went unexercised. The Company no longer has any [...]
TORONTO, ONTARIO -- (Marketwired) -- 04/12/13 -- Anaconda Mining Inc. ("Anaconda" or the "Company") - (TSX: ANX) is pleased to report its financial and operating results from the fiscal 2013 third quarter ended February 28, 2013. The Company generated net income for the three and nine months ended February 28, 2013 of $856,762 and $2,495,642 or [...]
TORONTO, ONTARIO -- (Marketwired) -- 04/04/13 -- Anaconda Mining Inc. ("Anaconda" or "the Company") - (TSX: ANX) is pleased to report the results from the 1,000-tonne bulk sample that was extracted from the Romeo and Juliet prospect in late 2012. Five representative samples of crushed quartz, averaging 12.6 kg, were processed at Accurassay [...]
TORONTO, ONTARIO -- (Marketwire) -- 03/25/13 -- Anaconda Mining Inc. ("Anaconda" or "the Company") - (TSX: ANX) is pleased to report additional drill results from its phase one diamond drilling program at its Pine Cove mine on the Baie Verte Peninsula, Newfoundland. Holes PC-13-202 and PC-13-203 both successfully intersected gold mineralization [...]
TORONTO, ONTARIO -- (Marketwire) -- 03/19/13 -- Anaconda Mining Inc. ("Anaconda" or "the Company") - (TSX: ANX) is pleased to announce certain financial and operating results from the fiscal 2013 third quarter ended February 28, 2013. The Company sold 3,101 ounces of gold and generated $5,137,269 in revenue at an average sales price of $1,657 per [...]