Signal Gold Inc. is pleased to announce that it proposes to complete a non-brokered private placement consisting of premium "flow-through" units of the Company at a price of $0.69 per Premium FT Unit, and units of the Company at a price of $0.49 per Unit, for aggregate gross proceeds of up to $4,000,000 . Each Premium FT Unit will consist of one [...]
Signal Gold, previously Anaconda Mining Inc., is pleased to announce that it has changed its name to Signal Gold effective today, immediately following the approval of the related resolution by shareholders at the annual and special meeting. The Company expects that it will commence trading on the Toronto Stock Exchange under its new name on or [...]
Anaconda Mining Inc. is pleased to announce that it has entered into a promissory note with Auramet International LLC in connection with a senior secured loan whereby the Lender has provided the Company with a US$8 million loan facility . The net proceeds will be used for the repayment of the existing gold prepayment facility with Auramet and for [...]
Anaconda Mining Inc. is pleased to report its financial and operating results for the three months ended March 31, 2022 . The consolidated financial statements and management discussion & 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 otherwise [...]
Anaconda Mining Inc. is today announcing production results and certain financial information from the three months ended March 31, 2022 , as well as providing a production update with regards to a water management issue at the Argyle open pit mine which impacted mining operations. All dollar amounts are in Canadian Dollars. The Company expects to [...]
Anaconda Mining Inc. is pleased to announce exploration drill results from the Company's Point Rousse operation in the Baie Verte Mining District of Newfoundland. The diamond drill program included testing of six exploration targets consisting of 4,684.6 metres of drilling in 36 diamond drill holes . Drill holes at the Corkscrew and Big Bear [...]
Anaconda Mining Inc. is pleased to announce that it plans to seek approval at its next annual general and special meeting of shareholders to change its name to "Signal Gold Inc.". "The name change to Signal Gold Inc. reflects the near-term growth potential of the Company and better reflects our commodity focus, our history, and our progress in the [...]
Anaconda Mining Inc. is pleased to announce results from a recent drill program focused on the East Goldbrook Pit and that it has commenced a further 4,000-metre diamond drill program at its 100%-owned Goldboro Gold Project in Nova Scotia. The infill drill program has been designed to convert Inferred Mineral Resources within the East Goldbrook Pit [...]
With a projected $2.1 billion impact on provincial GDP and the potential to generate 735 new jobs, the Goldboro Gold Project is currently the largest private sector project in Nova Scotia Anaconda Mining Inc. is pleased to announce results of an independent socio-economic impact assessment of the Company's 100%-owned Goldboro Gold Project located [...]
Anaconda Mining Inc. is pleased to report its financial and operating results for the three months and year ended December 31, 2021 . The consolidated financial statements and management discussion & 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 that it has initiated an exploration program at its 100% owned Tilt Cove Gold Project, located within the Baie Verte Mining District, Newfoundland, approximately 45 kilometres by road from the Company's Pine Cove Mill and long-term tailings storage facility . Anaconda has consolidated more than 11,000 [...]
Anaconda Mining Inc. is pleased to announce the initiation of a 5,000 metre diamond drill program at its Point Rousse operation in Newfoundland. The Winter Drill Program is based on targets developed from a ground Induced Polarization geophysical survey conducted in 2021 which was designed to locate anomalies at depths down to 250 metres not [...]