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Anaconda files Goldboro mineral resource estimate

2019-12-18 12:09 ET - News Release

Mr. Kevin Bullock reports
ANACONDA MINING FILES UPDATED RESOURCE ESTIMATE FOR THE GOLDBORO GOLD PROJECT
Anaconda Mining Inc. has filed a technical report prepared in accordance with National Instrument 43-101 regarding an updated mineral resource estimate for its 100-per-cent-owned Goldboro gold project in Nova Scotia, Canada.
The technical report is available under the Company's profile on SEDAR at www.sedar.com and on the Company's website at www.anacondamining.com.
The technical report, entitled "Goldboro Gold Project: Resource Update Phase 2, Guysborough County, Nova Scotia" and which is dated December 18, 2019, and with an effective date of August 21, 2019, was authored by independent qualified persons Todd McCracken, P.Geo. of WSP Canada Inc. and Robert Raponi, P. Eng., of Ausenco Engineering Canada Inc.
A portion of the 2019 diamond drilling (BR-19-77 to BR-19-85 totaling 603 m) on the Project was funded by the Government of Nova Scotia through a Mineral Resources Development Fund, through a shared funding exploration grant MRDF-2019-SF-053.
This news release has been reviewed and approved by Paul McNeill, P. Geo., VP Exploration with Anaconda Mining Inc., a "Qualified Person", and Todd McCracken, P. Geo., Manager - Mining, WSP Canada Inc., an "Independent Qualified Person" under National Instrument 43-101 Standard for Disclosure for Mineral Projects.
ABOUT ANACONDA
Anaconda is a TSX and OTCQX-listed gold mining, development, and exploration company, focused in Atlantic Canada. The company operates mining and milling operations in the prolific Baie Verte Mining District of Newfoundland which includes the fully-permitted Pine Cove Mill, tailings facility and deep-water port, as well as ~11,000 hectares of highly prospective mineral lands including those adjacent to the past producing, high-grade Nugget Pond Mine at its Tilt Cove Gold Project. Anaconda is also developing the Goldboro Gold Project in Nova Scotia, a high-grade resource and the subject of an on-going feasibility study.
We seek Safe Harbor.
\u00a9 2019 Canjex Publishing Ltd. All rights reserved.
 
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Autor (Datum des Eintrages): bigyawn  (18.12.19 20:04:55)
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