Diskussion zu Signal Gold [Anaconda Gold] (Seite 105)

[stephansdom]

Antwort auf Beitrag Nr.: 55.408.154 von bigyawn am 27.07.17 21:16:45

Habe heute ein paar in Can, gekauft.
Wenn ein Direktor ein Share verkauft bin ich draußen. Normalerweise - bei dieser Meldung- aber denen traut keiner....

[bigyawn]

Anaconda drills 2.6 m of 485.07 g/t Au at Goldboro

2017-07-27 07:09 ET - News Release

Mr. Dustin Angelo reports

ANACONDA MINING INTERSECTS 485 G/T GOLD OVER 2.6 METRES AT GOLDBORO; SEES STRONG INDICATIONS OF RESOURCE EXPANSION POTENTIAL

Anaconda Mining Inc. has received the results of its first drill program at the company's Goldboro project in Nova Scotia, which contains a measured and indicated mineral resource of 457,400 gold ounces at a grade of 5.57 grams per tonne gold (2,556,000 tonnes) and an inferred mineral resource of 372,900 gold ounces at a grade of 4.35 g/t gold (2,669,000 tonnes) (2.0 g/t gold cut-off, see press release of March 3, 2017).

The five-hole diamond drill program, totalling 649 metres, was conducted in the Boston Richardson and East Goldbrook gold systems of the Goldboro deposit. Multiple occurrences of visible gold and assays with high-grade tenor were observed in all five holes. Assay highlights from the program, including the highest grades yet recorded at Goldboro, are as follows:

2,513.20 grams per tonne gold over 0.5 metre within 485.07 g/t gold over 2.6 metres (33.1 to 35.7 metres) and 33.26 g/t gold over 1.0 metre (110.0 to 111.0 metres) in hole BR-17-04;
7.85 g/t gold over 3.7 metres within 3.22 g/t gold over 11.4 metres (169.2 to 180.6 metres) in hole BR-17-02;
9.77 g/t gold over 2.3 metres within 2.33 g/t gold over 13.4 metres (17.4 to 30.8 metres) in hole BR-17-03;
16.96 g/t gold over one metre within 3.96 g/t gold over 5.5 metres (115.5 to 121 metres) in hole BR-17-05;
5.56 g/t gold over 1.2 metres within 1.35 g/t gold over 10 metres (25.0 to 35.0 metres) and 13.00 g/t over 0.5 metres within 3.65 g/t gold over two metres (53.5 to 55.5 metres) in hole BR-17-01.

See table for a summary of assay results from the drill program.

"The discovery of the highest-grade gold intercepts at Goldboro, amongst multiple other, high-grade intercepts, and the recognition of the growth potential down-plunge and along strike, make the Goldboro project an exciting opportunity for Anaconda, its shareholders and other stakeholders. As with historical exploration work, we continue to see significantly high grades and very good thickness in the drill core. We are encouraged by the predictable geological model, which gives us confidence in the mineral resource and our ability to expand the deposit. Over the coming months, we expect to plan and initiate additional drilling to demonstrate the mineral expansion potential of Goldboro," said Dustin Angelo, president and chief executive officer, Anaconda Mining.

The Boston Richardson gold system of the Goldboro deposit is host to 15 tightly stacked, high-grade, gold-bearing vein zones. Holes BR-17-01 to BR-17-03 are located within the core of the Boston Richardson system and intersected up to seven of the 15 vein zones, which are characterized by thick gold-bearing quartz veins and thin vein arrays within highly altered argillite, separated from the neighbouring vein zones by unmineralized greywacke as predicted by recent geological modelling. The high-grade assays returned from these drill holes are of a tenor consistent with previous drill programs on the deposit as well as with recent geological and resource modelling, and confirm the validity of the geological and resource models.

The East Goldbrook gold system is characterized by seven stacked vein zones and is generally drilled at a broader spacing (about 100 metres) than Boston Richardson. Hole BR-17-05 intersected five of the seven East Goldbrook vein zones, including vein zones 3 and 4, which appear to extend 40 and 100 metres, respectively, farther to the west beyond what has been currently modelled. Hole BR-17-04 within East Goldbrook contains the highest-grade intercepts within the entire Goldboro deposit.

Deposit expansion potential

To date, the Boston Richardson gold system has been modelled to a depth of 350 metres and plunges moderately eastward beneath East Goldbrook. Sparse historic drilling from the 1980s, under East Goldbrook, intersected similar geological structures and gold-bearing vein zones below depths of 425 vertical metres. These vein zones represent the down-plunge extension of the Boston Richardson gold system. In addition, East Goldbrook has only been modelled to approximately 300 metres and West Goldbrook, which includes the faulted offset extension of Boston Richardson, has been modelled to just a depth of 225 metres.

Based on all historic and current exploration information related to the Goldboro deposit, Anaconda believes the deposit continues at depth. Historic drill results from some of the deepest and easternmost drilling at the margins of the Boston Richardson and East Goldbrook gold systems returned significant values both in grade and width. Consequently, Anaconda believes that gold mineralization will continue at depth along the East Goldbrook, Boston Richardson and West Goldbrook gold systems and down-plunge of the current resource.

Assay highlights from selected historic drill core at depth at the Goldboro deposit:

15.9 g/t gold over 5.9 metres (293.7 to 299.6 metres) in hole BR-87-35A;
11.9 g/t gold over 5.0 metres (276.3 to 281.3 metres) in hole BR-87-43;
8.2 g/t gold over 5.5 metres (360.3 to 365.8 metres) in hole BR-87-31;
10.0 g/t gold over 2.7 metres (345.3 to 348.0 metres) in hole BR-87-07.

In addition, the current known strike length of the Goldboro deposit is approximately 1.6 kilometres and is associated with a geophysical anomaly (IP conductor). The anomaly is known to extend east and west beyond the limits of the current strike length of the known deposit and includes the Dolliver Mountain prospect immediately west and along strike from the Goldboro deposit. Gold mineralization of similar style and tenor as that found in the Goldboro deposit has been intersected in drill core from historical holes in the area of the potential strike extension. The following highlights summarize assay results from historic drill holes along the potential strike extension area. Anaconda believes there is potential to expand the Goldboro Deposit east and west along strike.

Assay highlights from selected historic drill core in the potential strike extension area:

1,570.0 g/t gold over 0.5 metre within 269.9 g/t gold over 2.7 metres (193.8 to 196.5 metres) in hole OSK-11-04;
412.0 g/t gold over 0.5 metre within 137.8 g/t gold over 1.5 metres (117.0 to 118.5 metres) in hole OSK-11-02;
10.3 g/t gold over 2.1 metres (116.4 to 118.5 metres) in hole BR-87-12;
6.2 g/t gold over 1.5 metres (223.0 to 224.5) in hole OSK-11-04.

TABLE OF HIGHLIGHTED ASSAYS FROM THE CURRENT GOLDBORO DRILL PROGRAM

Drill hole From (m) To (m) Interval (m) Au (g/t)

BR-17-01 25.0 26.2 1.2 5.56
within 25.0 35.0 10.0 1.35
and 39.0 40.7 1.7 0.86
and 55.0 55.5 0.5 13.00
within 53.5 55.5 2.0 3.66
and 64.3 67.4 3.1 1.27
BR-17-02 50.0 51.0 1.0 6.56
within 50.0 53.5 3.5 2.77
and 61.0 62.0 1.0 8.30
within 60.0 67.9 7.9 1.59
and 77.5 79.4 1.9 0.77
and 83.4 84.0 0.6 2.64
and 90.0 92.0 2.0 3.28
and 176.9 180.6 3.7 7.85
within 169.2 180.6 11.4 3.22
and 190.6 191.3 0.7 1.30
and 192.5 192.9 0.4 1.39
BR-17-03 25.5 29.8 4.3 5.97
and 27.5 29.8 2.3 9.77
within 17.4 30.8 13.4 2.33
and 35.0 37.0 2.0 2.60
and 44.4 57.3 12.9 1.31
and 55.2 57.3 2.1 3.75
within 44.4 61.0 16.6 1.11
BR-17-04 33.1 33.6 0.5 2,513.20
within 33.1 35.7 2.6 485.07
and 64.5 65.2 0.7 1.60
and 67.4 69.2 1.8 1.41
and 75.7 76.2 0.5 1.35
and 79.4 80.9 1.5 5.18
within 79.4 82.4 3.0 2.87
and 110.0 111.0 1.0 33.26
and 118.0 118.5 0.5 1.70
and 125.3 125.8 0.5 1.58
and 132.4 133.0 0.6 0.15
and 144.8 145.5 0.7 2.14
BR-17-05 24.6 25.7 1.1 5.52
and 33.5 34.7 1.2 2.84
and 46.2 47.8 1.6 1.25
and 52.4 53.5 1.1 1.09
and 71.6 73.2 1.6 2.65
within 65.9 73.2 7.3 1.23
and 68.7 73.2 4.5 1.25
and 95.2 95.7 0.5 2.42
and 100.0 101.5 1.5 8.95
and 100.0 103.0 3.0 4.78
within 100.0 104.5 4.5 3.39
and 107.6 108.1 0.5 0.77
and 115.5 116.5 1.0 16.96
within 115.5 121.0 5.5 3.96
and 131.5 131.9 0.4 20.60
within 131.0 132.3 1.3 6.64

This news release has been reviewed and approved by Paul McNeill, PGeo, vice-president of exploration with Anaconda Mining, a qualified person under National Instrument 43-101.

All samples and the resultant composites referred to in this release are collected using quality assurance/quality control protocols including the regular insertion of standards and blanks within the sample batch for analysis and check assays of select samples. All samples quoted in this release were analyzed at Eastern Analytical Ltd. in Springdale, Nfld., for Au by fire assay (30 g) with an AA finish.

Mineralized intervals are reported as drill intersections and are apparent widths only. Apparent widths reported in holes BR-17-01, -04 and -05 are estimated to be approximately 90 to 95 per cent of true widths. Apparent widths reported in holes BR-17-02 and -03 are estimated to be approximately 60 per cent of true widths. All historic drill intercepts are reported as core length only.

A version of this press release will be available in French on Anaconda's website in two to three business days.

About Anaconda Mining Inc.

Anaconda Mining is a gold-mining, exploration and development company focused in the prospective Atlantic Canadian provinces of Newfoundland and Nova Scotia. The company operates the Point Rousse project located in the Baie Verte mining district in Newfoundland, Canada, comprising the Pine Cove open-pit mine, the fully permitted Pine Cove mill and tailings facility, a new gold discovery referred to as Argyle, and approximately 6,300 hectares of prospective property. Anaconda is also developing the Goldboro project in Nova Scotia, a high-grade mineral resource, with the potential to leverage existing infrastructure at the company's Point Rousse project.

We seek Safe Harbor.

© 2017 Canjex Publishing Ltd. All rights reserved.

[bigyawn]

Anaconda drills 12 m of 3.63 g/t Au at Point Rousse

2017-07-13 07:47 ET - News Release

Mr. Dustin Angelo reports

ANACONDA INTERSECTS 3.63 G/T GOLD OVER 12.0 METRES AT THE ARGYLE DISCOVERY - EXPANDS ZONE OF MINERALIZATION DOWN-DIP AND TO THE NORTHEAST

Anaconda Mining Inc. has released initial assay results for the recently announced drill program at the Argyle discovery, located approximately 4.5 kilometres from the company's fully operational Pine Cove mill and tailings facility at the Point Rousse project, Newfoundland and Labrador.

Assays have been received for the first four drill holes of the eight-hole program, totaling approximately 1,000 metres. The Company has successfully expanded Argyle up to 100 metres down-dip in the northeast and demonstrated continuity of a higher-grade zone over a further 50 metres down-dip to the north than previously known (Exhibits A and B).

Assay highlights from the first four holes of the program include:

3.63 grams per tonne ("g/t") gold over 12.0 metres (58.0 to 70.0 metres) in hole AE-17-46;
3.22 g/t gold over 4.0 metres (45.0 to 49.0 metres) in hole AE-17-45;
1.56 g/t gold over 3.0 metres (77.0 to 80.0 metres) in hole AE-17-47;
1.22 g/t gold over 4.0 metres (86.0 to 90.0 metres) in hole AE-17-48.

Drill hole AE-17-46 (3.63 g/t gold over 12.0 metres) is located 50 metres down-dip from previously reported hole AE-16-40 (5.52 g/t gold over 15.0 metres (34.0 to 49.0 metres)) and drill hole AE-17-45 is located 40 metres up-dip from previously reported hole AE-16-33 (2.91 g/t gold over 12.1 metres (68.3 to 80.4 metres)). Drill holes AE-17-47 and 48 are located 50 and 100 metres, respectively, down-dip of hole AE-16-33. Argyle remains open for expansion and the assay results for the remaining four holes in this 1,000-metre program are pending.

President and CEO, Dustin Angelo, states; "The Company continues to outline a strong gold-bearing system at Argyle that is open for further expansion. We expect additional drilling to further define the extent and distribution of higher-grade thick zones at Argyle. Based on our exploration work to date, and planned infill drilling, we expect to publish an NI 43-101 compliant resource and see the potential to bring Argyle into the production profile at Point Rousse in the medium term."

Objective of 1,000-Metre Drill Program

The 1,000-metre drill program is testing continuity of two higher-grade zones of mineralization with thicknesses ranging between 6.0 and 15.0 metres. These two zones are down-dip to the north and located in the northern and eastern parts of the drilling area (Exhibit A). The easternmost higher-grade zone to date is outlined by drill holes AE-16-33, AE-16-40 and AE-16-43 and averages 14 metres thick with composited assays between 2.91 g/t and 5.52 g/t gold. The northernmost higher-grade zone, outlined by drill hole AE-16-39, is 6.0 metres thick with a composited grade of 9.31 g/t gold and is open along strike and down-dip.

Overview of Previous Exploration Work at Argyle

Since initial trenching and two phases of diamond drilling at Argyle, Anaconda has discovered a shallow-dipping, near-surface (less than 100 vertical metres), mineralized gold system with a strike length of over 600 metres and a down-dip extension to at least 225 metres. Argyle remains open both along strike and down-dip. A complete list of previous drill results can be found in press releases dated January 18, 2017 and October 12, 2016.

Highlights from the previous drilling include:

5.52 grams per tonne ("g/t") gold over 15.0 metres (34.0 to 49.0 metres) in hole AE-16-40;
9.31 g/t gold over 6.0 metres (86.8 to 92.8 metres) in hole AE-16-39;
2.95 g/t gold over 15.0 metres (94.0 to 109.0 metres) in hole AE-16-43;
2.91 g/t gold over 12.1 metres (68.3 to 80.4 metres) in hole AE-16-33.

This news release has been reviewed and approved by Paul McNeill, P. Geo., VP Exploration with Anaconda Mining Inc., a "Qualified Person", under National Instrument 43-101 Standard for Disclosure for Mineral Projects.

All samples and the resultant composites referred to in this release are collected using QA/QC protocols including the regular insertion of standards and blanks within the sample batch for analysis and check assays of select samples. All samples quoted in this release were analyzed at Eastern Analytical Ltd. in Springdale, NL, for Au by fire assay (30g) with an AA finish.

Mineralized intervals are reported as drill intersections and are apparent widths only. Apparent widths reported in this press release are estimated to be approximately 80 - 100% of true widths.

A version of this press release will be available in French on Anaconda's website (www.anacondamining.com) in two to three business days.

ABOUT ANACONDA MINING INC.

Anaconda Mining is a TSX listed gold mining, exploration and development company, focused in the prospective Atlantic Canadian provinces of Newfoundland and Nova Scotia. The Company operates the Point Rousse Project located in the Baie Verte Mining District in Newfoundland, Canada, comprised of the Pine Cove open pit mine, the fully-permitted Pine Cove Mill and tailings facility, a new gold discovery referred to as Argyle, and approximately 6,300 hectares of prospective property. Anaconda is also developing the recently acquired Goldboro Project in Nova Scotia, a high-grade Mineral Resource, with the potential to leverage existing infrastructure at the Company's Point Rousse Project.

The Company also has a pipeline of organic growth opportunities to leverage existing infrastructure, including the Viking and Great Northern Projects and the Tilt Cove Property in Newfoundland.

We seek Safe Harbor.

© 2017 Canjex Publishing Ltd. All rights reserved.

[supideti]

Hat jemand eine Übersicht der Menge der Optionen im Umlauf mit Angabe des jeweiligen Verfallsdatum

[supideti]

Antwort auf Beitrag Nr.: 55.233.842 von stephansdom am 29.06.17 21:52:49

Eine Option ist ja ein Recht bis zu einen definierten Zeitpunkt zum vorgegebenen Preis die Aktie kaufen zu können.
Wenn viele Optionen zu einen niedrigen Preis im Umlauf sind, die im Bereich des aktuellen Wertes der Aktie sind, ist es fast so gut wie ausgeschlossen, das die Aktie nennenswert steigen wird, da dann Shareholder die z.B. für 0,10 CAD einsteigen würden den Personen die dann Optionen ziehen sofort eine Wertsteigerung um 0,04 CAD schenken würden.
Solange das Recht der Optionen mit niedrigen Kurswert nicht verfallen ist, sehe ich auch ein Problem.
Und eine weitere Dilution ist das auch.

Richtigere Strategie ist meines Erachtens.
Gute Firmennews, aktienwert steigt, PP machen und Geld bei höheren Aktienwert einsammeln um liquide zu sein und Geld für die Entwicklung des Unternehmens einzusammeln

Kurz gesagt: Optionen mit niedrigen Nennwert deckeln die Kursentwicklung

[stephansdom]

Antwort auf Beitrag Nr.: 55.233.755 von IQ4U am 29.06.17 21:40:38

Ja und deshalb wird der Kurs nicht höher gehen
Habe ANX schon drei Jahre auf watch- aber zu durchsichtig was sie machen.
Die verdienen nix und wenn sie bohren brauchen sie Aktienverkauf.

[IQ4U]

Antwort auf Beitrag Nr.: 55.224.337 von stephansdom am 28.06.17 20:31:25

Grüße Dich!

Bedeutet dies, dass die Herrschaften allesamt zu 0,06 CAD Aktien gekauft haben oder ihnen geschenkt wurden...?

[stephansdom]

Antwort auf Beitrag Nr.: 55.218.902 von bigyawn am 27.06.17 23:31:34

Optionsgeschäft läuft gut
https://www.canadianinsider.com/company?menu_tickersearch=AN…

[bigyawn]

Anaconda Mining starts drilling at Argyle

2017-06-27 07:10 ET - News Release

Mr. Dustin Angelo reports

ANACONDA MINING INITIATES DRILL PROGRAM AT THE ARGYLE DISCOVERY TARGETING EXTENSIONS OF MINERALIZATION

Anaconda Mining Inc. has commenced a diamond drill program at its Argyle discovery, located approximately 4.5 kilometres from the company's fully operational mill and tailings facility at the Point Rousse project, Newfoundland and Labrador. Since initial trenching and diamond drilling in 2016 at Argyle, Anaconda has discovered a shallow-dipping, near-surface (less than 100 metres), mineralized gold system with a strike length of over 600 metres and a down-dip extension to at least 225 metres. Argyle remains open both along strike and down-dip.

Highlights from the previous drill program include:

5.52 grams per tonne gold over 15.0 metres (34.0 to 49.0 metres) in hole AE-16-40;
9.31 g/t gold over 6.0 metres (86.8 to 92.8 metres) in hole AE-16-39;
2.95 g/t gold over 15.0 metres (94.0 to 109.0 metres) in hole AE-16-43;
2.91 g/t gold over 12.1 metres (68.3 to 80.4 metres) in hole AE-16-33.

The Argyle drill program will focus on testing continuity of two higher-grade zones of mineralization with thicknesses ranging between 6.0 and 15.0 metres. These two zones are down-dip to the north and are located in the northern and eastern parts of the drilling area. The easternmost higher-grade zone to date is outlined by drill holes AE-16-33, AE-16-40 and AE-16-43 and averages 14 metres thick with composited assays between 2.91 g/t and 5.52 g/t gold. The strike of this zone is at least 150 metres and is still open for expansion. The northernmost higher-grade zone, outlined by drill hole AE-16-39, is 6.0 metres thick with a composited grade of 9.31 g/t gold and is open along strike and down-dip. A complete list of previous drill results can be found in press releases dated Jan. 18, 2017, and Oct. 12, 2016.

The current drill program consists of approximately 1,000 metres of drilling in 10 holes and will form part of a larger planned exploration program in 2017 at Argyle that will include additional infill, expansion and exploration drilling. Several other exploration targets with similar geophysical and geological characteristics to Argyle are in the greater Argyle area and will be drill tested to determine if there are multiple mineralized zones.

President and chief executive officer Dustin Angelo stated: "Anaconda is targeting Argyle to be the continuation of gold production locally around the Pine Cove mill, after it has finished mining at the Pine Cove pit and mined portions of the Stog'er Tight mine. Subsequent to this drill program, we plan to initiate a more robust infill and expansion drilling program later in 2017 to build upon our previous results and demonstrate an NI 43-101-compliant resource. We have already done some internal resource modelling, preliminary planning activities and begun permitting activities with the intent of adding Argyle to our production profile in the future."

This news release has been reviewed and approved by Paul McNeill, PGeo, vice-president of exploration with Anaconda Mining, a qualified person under National Instrument 43-101.

All samples and the resultant composites referred to in this release were collected using quality assurance/quality control protocols including the regular insertion of standards and blanks within the sample batch for analysis and check assays of select samples. All samples quoted in this release were analyzed at Eastern Analytical Ltd. in Springdale, Nfld., for Au by fire assay (30 grams) with an AA finish.

Mineralized intervals are reported as drill intersections and are apparent widths only. Apparent widths reported in this press release are estimated to be approximately 80 to 100 per cent of true widths.

About Anaconda Mining Inc.

Anaconda Mining is a Toronto Stock Exchange-listed gold mining, exploration and development company, focused in the prospective Atlantic Canadian provinces of Newfoundland and Nova Scotia. The company operates the Point Rousse operation located in the Baie Verte mining district in Newfoundland, comprising the Pine Cove open-pit mine, the fully permitted Pine Cove mill and tailings facility, the newly discovered Argyle deposit, and approximately 6,300 hectares of prospective property. Anaconda is also developing the recently acquired Goldboro project in Nova Scotia, a high-grade mineral resource, with the potential to leverage existing infrastructure at the company's Point Rousse operation.

We seek Safe Harbor.

© 2017 Canjex Publishing Ltd. All rights reserved.

[bigyawn]

Anaconda Mining starts drilling at Goldboro

2017-06-22 07:10 ET - News Release

Mr. Dustin Angelo reports

ANACONDA MINING COMMENCES DRILLING AND INITIAL DEVELOPMENT PROGRAMS AT THE GOLDBORO PROJECT

Anaconda Mining Inc. has commenced exploration and development activities on the company's Goldboro project in the province of Nova Scotia. The recently acquired Goldboro project currently contains a measured and indicated mineral resource of 457,400 gold ounces at a grade of 5.57 grams per tonne gold (2,556,000 tonnes) and an inferred mineral resource of 372,900 gold ounces at a grade of 4.35 g/t Au (2,669,000 tonnes) (two g/t Au cut-off, see press release of March 3, 2017).

The initial exploration and development programs will provide various data required to advance permitting, metallurgical evaluations and economic modelling, culminating in the publishing of a preliminary economic assessment (PEA) by the end of the year. Initial programs, which are under way, include:

Diamond drilling to test historic areas of drilling in the core of the deposit and to collect samples necessary for metallurgical testwork;
Ore characterization and metallurgical testwork including crushing and grinding characterization, gravity, floatation, and leachability and acid rock drainage testing;
Environmental baseline studies including wildlife, fauna and aquatic surveys, MEKS (Mi'kmaq ecological knowledge study), and archeological studies;
Optimization of the Goldboro resource to mirror the development plan;
Government and community consultations including meetings with the federal and provincial governments, Mi'kmaq First Nations, and community organizations;
Geotechnical investigations including rock and surface quality to support open-pit, underground and waste dump designs;
Transportation costing associated with various development scenarios.

As part of this process, Anaconda will review opportunities to leverage existing operating expertise and fully owned infrastructure at the company's Point Rousse operation in Newfoundland, which currently comprises a 1,300-tonne-per-day mill, tailings capacity for approximately 15 years (based on the current mill throughput rate) and a tidewater port facility. The Goldboro project is connected to a tidewater wharf via a two-kilometre road. Leveraging tidewater access at both sites has the potential to reduce upfront capital requirements and expedite the development timeline.

Dustin Angelo, president and chief executive officer of Anaconda, said: "We have built a scalable platform for growth with an existing mill facility, significant tailings capacity and a fully owned port facility at Point Rousse. The initial exploration and development programs will support our strategy of leveraging our existing expertise and infrastructure, through detailed technical and economic studies. These initial programs will support the company's aim to publish a PEA by the end of 2017, which we believe will reinforce Anaconda's vision that Goldboro can provide near-term high value to Anaconda shareholders as well as stakeholders in both Nova Scotia and Newfoundland and Labrador."

Gordana Slepcev, Anaconda's chief operating officer and a qualified person pursuant to National Instrument 43-101, has reviewed and approved the scientific and technical data contained in this press release.

About Anaconda Mining Inc.

Anaconda Mining is a Toronto Stock Exchange-listed gold mining, exploration and development company, focused in the prospective Atlantic Canadian provinces of Newfoundland and Nova Scotia. The company operates the Point Rousse operation located in the Baie Verte mining district in Newfoundland, comprising the Pine Cove open-pit mine, the fully permitted Pine Cove mill and tailings facility, the newly discovered Argyle deposit, and approximately 6,300 hectares of prospective property. Anaconda is also developing the recently acquired Goldboro project in Nova Scotia, a high-grade mineral resource, with the potential to leverage existing infrastructure at the company's Point Rousse operation.

We seek Safe Harbor.

© 2017 Canjex Publishing Ltd. All rights reserved.