Diskussion zu Signal Gold [Anaconda Gold] (Seite 100)
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Antwort auf Beitrag Nr.: 56.448.395 von bigyawn am 14.12.17 14:20:21Fazit -wieder kaum was verdient. Gute PR Arbeit aber wenn man die rückzahlbaren monatlichen loans
noch abzieht .....
Kein Wunder , daß die TSX 5 jährige Optionen zu 0,06 für das Management genehmigt.
noch abzieht .....
Kein Wunder , daß die TSX 5 jährige Optionen zu 0,06 für das Management genehmigt.
Anaconda Mining produces 4,170 oz Au in Q2 2018
2017-12-14 07:27 ET - News Release
Mr. Dustin Angelo reports
ANACONDA MINING PRODUCES OVER 4,100 OUNCES OF GOLD AND GENERATES $5.8M IN REVENUE IN Q2 FY 2018
Anaconda Mining Inc. has released production results and certain financial information from the three-month period ended Nov. 30, 2017, and the six months ended Nov. 30, 2017.
The Company recently announced a change to its fiscal year end to December 31, from its previous fiscal year-end of May 31. Consequently, the Company will report audited financial results for a seven month transitional fiscal year from June 1, 2017 to December 31, 2017. The current and comparative reporting periods in this press release reflect the Company's former fiscal year-end of May 31.
Highlights for the three months ended November 30, 2017 (Q2 FY 2018)
Anaconda produced 4,170 ounces of gold in Q2 FY 2018 and 8,751 ounces of gold for the six months ended November 30, 2017; year-to-date gold production has increased 20% compared to FY 2017 and is on track to exceed its fiscal 2018 guidance of 15,500 ounces.
The Company recorded revenue of $5.8 million in the second quarter of FY 2018 based on an average gold price of $1,621 per ounce and 3,560 ounces sold, and had 656 poured gold ounces in inventory as at November 30, 2017.
Anaconda mined 191,068 tonnes of ore during the quarter, a 48% increase over the corresponding period of FY 2017, at a low strip ratio of 1.4:1 waste tonnes to ore tonnes.
The Pine Cove Mill continues to maintain strong throughput of 118,539 tonnes, or 1,325 tonnes per day, representing a 10% increase over the second quarter of FY 2017.
The Company earned income of $295,000 from the sale of waste rock during Q2 FY 2018, for a total of $809,000 during the current fiscal year.
Anaconda has extended mining in the Pine Cove Pit into early 2018, and has commenced planning for the transition to the Stog'er Tight deposit.
With the completion of a $3 million non-brokered private placement, the Company has commenced extension drill programs at the Goldboro Project and the Point Rousse Project.
President and CEO, Dustin Angelo, stated, "The Point Rousse Project has continued its solid performance, achieving increased ore mining rates, continued high mill throughput, and strong gold production. With 8,751 ounces of gold produced for the six months ended November 30, 2017, we are well placed to exceed our fiscal year guidance of 15,500 ounces. The continued performance of the Company's Point Rouse Project adds to an exciting period for Anaconda, as it plans to release a Preliminary Economic Assessment on the Company's high-grade Goldboro Project in Nova Scotia, and has commenced extension drill programs at both Goldboro and the Point Rousse Project."
Operating Statistics
Three months ended Nov. 30 Six months ended Nov. 30
2017 2016 2017 2016
Mine Statistics
Ore production (tonnes) 191,068 129,078 349,925 237,383
Waste production (tonnes) 267,407 595,668 631,787 1,485,788
Total material moved (tonnes) 458,475 724,746 981,713 1,723,171
Waste: Ore ratio 1.4 4.6 1.8 6.3
Mill Statistics
Availability 98% 91% 98% 93%
Dry tonnes processed - quarter 118,539 108,045 237,940 207,486
Dry tonnes processed - per day 1,325 1,302 1,332 1,213
Grade (grams per tonne) 1.29 1.38 1.32 1.28
Overall mill recovery 85% 85% 86% 85%
Gold Ounces Produced 4,170 4,075 8,751 7,258
Gold Ounces Sold 3,560 4,388 8,283 7,307
FY Q2 2018 Operations Overview:
Point Rousse Mill Operations - The Pine Cove Mill operated for 89.5 days during the quarter, achieving an availability rate of 98%, continuing its consistent performance from the first quarter and marking a significant improvement over the prior fiscal year. The mill achieved an average run rate of 1,325 tonnes per operating day during the quarter and has maintained a similar throughput rate for YTD FY 2018, a marked increase from the 1,200 tonne per day rate achieved as recently as Q4 2017. On a year-to-date basis, mill throughput per day has increased 10% due to process improvements implemented in the Pine Cove Mill, which processed 118,539 tonnes of ore during the quarter compared to 108,045 tonnes in the comparative period of FY 2017.
Overall mill recovery was 85% during the recent quarter, consistent with the prior year, although down from 87% in the first quarter of FY 2018. Average feed grade during the quarter was 1.29 g/t, lower than the second quarter of fiscal 2017. Gold production was 4,170 ounces during the second quarter, a slight increase over the prior year as the lower grade profile was offset by higher throughput.
Point Rousse Mine Operations - The mining operation at the Point Rousse Project operated for 57 days during the second quarter in the Pine Cove Pit, down from 66 days in the first quarter of FY 2018 due to constrained mining areas near the bottom of the pit. Ore produced from the Pine Cove Pit was 191,068 tonnes, up over 20% from the first quarter of FY 2018 due to the sequencing of the mine plan, which resulted in less waste mined in Q2 FY 2018. Ore mined in the most recent quarter was also up 48% compared to the corresponding period of FY 2017, with the prior period impacted by a relatively higher strip ratio as the operation was completing rock placement during that quarter on the second tailings storage facility. The strip ratio in Q2 FY 2018 was 1.4:1 waste tonnes to ore tonnes, down from 2.3:1 in the first quarter of FY 2018.
Total material moved for the six months ended November 30, 2017, was 981,713 tonnes, a decrease of 43% compared to the corresponding period of FY 2017. This is reflective of the reduced mining rates as the operation approaches the planned base of the Pine Cove Pit, with the decrease in material wholly relating to lower waste material mined.
Anaconda expects to complete mining in the main pit at Pine Cove in February 2018, and will commence planning for small pushbacks of the main pit in 2018. The mine operation has commenced the transition to the Stog'er Tight deposit, with mining from the West Pit expected to start in April 2018.
The Company has received approval from the Newfoundland and Labrador Department of Natural Resources to amend the Pine Cove Property Development Plan and Rehabilitation and Closure Plan to utilize the Pine Cove Pit as a 7 million-tonne in-pit tailings storage facility, which will allow for the deposition of tailings into the facility in early 2018 (refer to press release dated September 7, 2017).
Qualified Person
Gordana Slepcev, P. Eng., Chief Operating Officer, Anaconda Mining Inc., is a "qualified person" as such term is defined in National Instrument 43-101 and has reviewed and approved the technical information and data included in this press release.
ABOUT ANACONDA MINING INC.
Anaconda Mining is a TSX-listed gold mining, exploration and development company, focused in the prospective Atlantic Canadian jurisdictions of Newfoundland and Nova Scotia. The Company operates the Point Rousse Project located in the Baie Verte Mining District in Newfoundland, comprised of the Pine Cove open pit mine, the fully-permitted Pine Cove Mill and tailings facility, the Stog'er Tight deposit, a new discovery called Argyle, and approximately 5,800 hectares of prospective gold-bearing 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, including the Viking and Great Northern Projects on the Northern Peninsula and the Tilt Cove Property on the Baie Verte Peninsula.
We seek Safe Harbor.
© 2017 Canjex Publishing Ltd. All rights reserved.
2017-12-14 07:27 ET - News Release
Mr. Dustin Angelo reports
ANACONDA MINING PRODUCES OVER 4,100 OUNCES OF GOLD AND GENERATES $5.8M IN REVENUE IN Q2 FY 2018
Anaconda Mining Inc. has released production results and certain financial information from the three-month period ended Nov. 30, 2017, and the six months ended Nov. 30, 2017.
The Company recently announced a change to its fiscal year end to December 31, from its previous fiscal year-end of May 31. Consequently, the Company will report audited financial results for a seven month transitional fiscal year from June 1, 2017 to December 31, 2017. The current and comparative reporting periods in this press release reflect the Company's former fiscal year-end of May 31.
Highlights for the three months ended November 30, 2017 (Q2 FY 2018)
Anaconda produced 4,170 ounces of gold in Q2 FY 2018 and 8,751 ounces of gold for the six months ended November 30, 2017; year-to-date gold production has increased 20% compared to FY 2017 and is on track to exceed its fiscal 2018 guidance of 15,500 ounces.
The Company recorded revenue of $5.8 million in the second quarter of FY 2018 based on an average gold price of $1,621 per ounce and 3,560 ounces sold, and had 656 poured gold ounces in inventory as at November 30, 2017.
Anaconda mined 191,068 tonnes of ore during the quarter, a 48% increase over the corresponding period of FY 2017, at a low strip ratio of 1.4:1 waste tonnes to ore tonnes.
The Pine Cove Mill continues to maintain strong throughput of 118,539 tonnes, or 1,325 tonnes per day, representing a 10% increase over the second quarter of FY 2017.
The Company earned income of $295,000 from the sale of waste rock during Q2 FY 2018, for a total of $809,000 during the current fiscal year.
Anaconda has extended mining in the Pine Cove Pit into early 2018, and has commenced planning for the transition to the Stog'er Tight deposit.
With the completion of a $3 million non-brokered private placement, the Company has commenced extension drill programs at the Goldboro Project and the Point Rousse Project.
President and CEO, Dustin Angelo, stated, "The Point Rousse Project has continued its solid performance, achieving increased ore mining rates, continued high mill throughput, and strong gold production. With 8,751 ounces of gold produced for the six months ended November 30, 2017, we are well placed to exceed our fiscal year guidance of 15,500 ounces. The continued performance of the Company's Point Rouse Project adds to an exciting period for Anaconda, as it plans to release a Preliminary Economic Assessment on the Company's high-grade Goldboro Project in Nova Scotia, and has commenced extension drill programs at both Goldboro and the Point Rousse Project."
Operating Statistics
Three months ended Nov. 30 Six months ended Nov. 30
2017 2016 2017 2016
Mine Statistics
Ore production (tonnes) 191,068 129,078 349,925 237,383
Waste production (tonnes) 267,407 595,668 631,787 1,485,788
Total material moved (tonnes) 458,475 724,746 981,713 1,723,171
Waste: Ore ratio 1.4 4.6 1.8 6.3
Mill Statistics
Availability 98% 91% 98% 93%
Dry tonnes processed - quarter 118,539 108,045 237,940 207,486
Dry tonnes processed - per day 1,325 1,302 1,332 1,213
Grade (grams per tonne) 1.29 1.38 1.32 1.28
Overall mill recovery 85% 85% 86% 85%
Gold Ounces Produced 4,170 4,075 8,751 7,258
Gold Ounces Sold 3,560 4,388 8,283 7,307
FY Q2 2018 Operations Overview:
Point Rousse Mill Operations - The Pine Cove Mill operated for 89.5 days during the quarter, achieving an availability rate of 98%, continuing its consistent performance from the first quarter and marking a significant improvement over the prior fiscal year. The mill achieved an average run rate of 1,325 tonnes per operating day during the quarter and has maintained a similar throughput rate for YTD FY 2018, a marked increase from the 1,200 tonne per day rate achieved as recently as Q4 2017. On a year-to-date basis, mill throughput per day has increased 10% due to process improvements implemented in the Pine Cove Mill, which processed 118,539 tonnes of ore during the quarter compared to 108,045 tonnes in the comparative period of FY 2017.
Overall mill recovery was 85% during the recent quarter, consistent with the prior year, although down from 87% in the first quarter of FY 2018. Average feed grade during the quarter was 1.29 g/t, lower than the second quarter of fiscal 2017. Gold production was 4,170 ounces during the second quarter, a slight increase over the prior year as the lower grade profile was offset by higher throughput.
Point Rousse Mine Operations - The mining operation at the Point Rousse Project operated for 57 days during the second quarter in the Pine Cove Pit, down from 66 days in the first quarter of FY 2018 due to constrained mining areas near the bottom of the pit. Ore produced from the Pine Cove Pit was 191,068 tonnes, up over 20% from the first quarter of FY 2018 due to the sequencing of the mine plan, which resulted in less waste mined in Q2 FY 2018. Ore mined in the most recent quarter was also up 48% compared to the corresponding period of FY 2017, with the prior period impacted by a relatively higher strip ratio as the operation was completing rock placement during that quarter on the second tailings storage facility. The strip ratio in Q2 FY 2018 was 1.4:1 waste tonnes to ore tonnes, down from 2.3:1 in the first quarter of FY 2018.
Total material moved for the six months ended November 30, 2017, was 981,713 tonnes, a decrease of 43% compared to the corresponding period of FY 2017. This is reflective of the reduced mining rates as the operation approaches the planned base of the Pine Cove Pit, with the decrease in material wholly relating to lower waste material mined.
Anaconda expects to complete mining in the main pit at Pine Cove in February 2018, and will commence planning for small pushbacks of the main pit in 2018. The mine operation has commenced the transition to the Stog'er Tight deposit, with mining from the West Pit expected to start in April 2018.
The Company has received approval from the Newfoundland and Labrador Department of Natural Resources to amend the Pine Cove Property Development Plan and Rehabilitation and Closure Plan to utilize the Pine Cove Pit as a 7 million-tonne in-pit tailings storage facility, which will allow for the deposition of tailings into the facility in early 2018 (refer to press release dated September 7, 2017).
Qualified Person
Gordana Slepcev, P. Eng., Chief Operating Officer, Anaconda Mining Inc., is a "qualified person" as such term is defined in National Instrument 43-101 and has reviewed and approved the technical information and data included in this press release.
ABOUT ANACONDA MINING INC.
Anaconda Mining is a TSX-listed gold mining, exploration and development company, focused in the prospective Atlantic Canadian jurisdictions of Newfoundland and Nova Scotia. The Company operates the Point Rousse Project located in the Baie Verte Mining District in Newfoundland, comprised of the Pine Cove open pit mine, the fully-permitted Pine Cove Mill and tailings facility, the Stog'er Tight deposit, a new discovery called Argyle, and approximately 5,800 hectares of prospective gold-bearing 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, including the Viking and Great Northern Projects on the Northern Peninsula and the Tilt Cove Property on the Baie Verte Peninsula.
We seek Safe Harbor.
© 2017 Canjex Publishing Ltd. All rights reserved.
ORIGINAL: Anaconda Mining recognized for workplace excellence by St. John's Board of Trade
2017-12-07 07:00 ET - News Release
Anaconda Mining recognized for workplace excellence by St. John's Board of Trade
Canada NewsWire
TORONTO, Dec. 7, 2017
TORONTO, Dec. 7, 2017 /CNW/ - Anaconda Mining Inc. ("Anaconda" or the "Company") – (TSX: ANX) is pleased to announce it has received the 2017 Business Achievement Award for Workplace Excellence from the St. John's Board of Trade at the Annual Business Excellence Awards Ceremony. The award was presented by Siobhan Coady, Minister of Natural Resources and former President of the St. John's Board of Trade (1993) and accepted on behalf of the workforce by Lynn Hammond, Vice President Public Relations.
"On behalf of the workforce, I would like to thank the St. John's Board of Trade for recognizing Anaconda with this award. Our employees are the lifeblood of our organization and we strive to support and empower them to be the best they can be. We have worked hard at developing our workforce, attracting the right people and building a strong corporate culture. This award is validation of our efforts and we appreciate the recognition."
~ Dustin Angelo, President & CEO
The St. John's Board of Trade was founded in 1971 to serve as the voice of business, committed to the enhancement of economic prosperity and quality of life in St. John's and throughout the Province of Newfoundland and Labrador. It is a not-for-profit organization lead by a volunteer Executive and Board of Directors representing local business.
The Workplace Excellence Award recognizes a company that puts its employees first. The award recipient excels at staff development and is focused on the wellbeing of its team members and follows fair employment practices.
Anaconda Workplace Excellence Video
ABOUT ANACONDA MINING INC.
Anaconda is a TSX-listed gold mining, exploration and development company, focused in the prospective Atlantic Canadian jurisdictions of Newfoundland and Nova Scotia. The Company operates the Point Rousse Project located in the Baie Verte Mining District in Newfoundland, comprised of the Pine Cove open pit mine, the fully-permitted Pine Cove Mill and tailings facility, the Stog'er Tight deposit, a new discovery called Argyle, and approximately 5,800 hectares of prospective gold-bearing 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, including the Viking and Great Northern Projects on the Northern Peninsula and the Tilt Cove Property on the Baie Verte Peninsula.
FORWARD-LOOKING STATEMENTS
This news release contains "forward-looking information" within the meaning of applicable Canadian and United States securities legislation. Forward-looking information includes, but is not limited to, use of proceeds and TSX final acceptance of the Offering. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "plans", "expects", or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", or "does not anticipate", or "believes" or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might", or "will be taken", "occur", or "be achieved". Forward-looking information is based on the opinions and estimates of management at the date the information is made, and is based on a number of assumptions and is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of Anaconda to be materially different from those expressed or implied by such forward-looking information, including risks associated with the exploration, development and mining such as economic factors as they effect exploration, future commodity prices, changes in foreign exchange and interest rates, actual results of current production, development and exploration activities, government regulation, political or economic developments, environmental risks, permitting timelines, capital expenditures, operating or technical difficulties in connection with development activities, employee relations, the speculative nature of gold exploration and development, including the risks of diminishing quantities of grades of resources, contests over title to properties, and changes in project parameters as plans continue to be refined as well as those risk factors discussed in Anaconda's annual information form for the year ended May 31, 2017, available on www.sedar.com. Although Anaconda has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information. Anaconda does not undertake to update any forward-looking information, except in accordance with applicable securities laws.
SOURCE Anaconda Mining Inc.
View original content: http://www.newswire.ca/en/releases/archive/December2017/07/c…
Contact:
Anaconda Mining Inc., Dustin Angelo, President and CEO, (647) 260-1248, dangelo@anacondamining.com, www.AnacondaMining.com; Anaconda Mining Inc., Lynn Hammond, VP Public Relations, (709) 330-1260, Lhammond@anacondamining.com; Reseau ProMarket Inc., Dany Cenac Robert, Investor Relations, (514) 722-2276 x456, Dany.Cenac-Robert@ReseauProMarket.com
© 2017 Canjex Publishing Ltd. All rights reserved.
2017-12-07 07:00 ET - News Release
Anaconda Mining recognized for workplace excellence by St. John's Board of Trade
Canada NewsWire
TORONTO, Dec. 7, 2017
TORONTO, Dec. 7, 2017 /CNW/ - Anaconda Mining Inc. ("Anaconda" or the "Company") – (TSX: ANX) is pleased to announce it has received the 2017 Business Achievement Award for Workplace Excellence from the St. John's Board of Trade at the Annual Business Excellence Awards Ceremony. The award was presented by Siobhan Coady, Minister of Natural Resources and former President of the St. John's Board of Trade (1993) and accepted on behalf of the workforce by Lynn Hammond, Vice President Public Relations.
"On behalf of the workforce, I would like to thank the St. John's Board of Trade for recognizing Anaconda with this award. Our employees are the lifeblood of our organization and we strive to support and empower them to be the best they can be. We have worked hard at developing our workforce, attracting the right people and building a strong corporate culture. This award is validation of our efforts and we appreciate the recognition."
~ Dustin Angelo, President & CEO
The St. John's Board of Trade was founded in 1971 to serve as the voice of business, committed to the enhancement of economic prosperity and quality of life in St. John's and throughout the Province of Newfoundland and Labrador. It is a not-for-profit organization lead by a volunteer Executive and Board of Directors representing local business.
The Workplace Excellence Award recognizes a company that puts its employees first. The award recipient excels at staff development and is focused on the wellbeing of its team members and follows fair employment practices.
Anaconda Workplace Excellence Video
ABOUT ANACONDA MINING INC.
Anaconda is a TSX-listed gold mining, exploration and development company, focused in the prospective Atlantic Canadian jurisdictions of Newfoundland and Nova Scotia. The Company operates the Point Rousse Project located in the Baie Verte Mining District in Newfoundland, comprised of the Pine Cove open pit mine, the fully-permitted Pine Cove Mill and tailings facility, the Stog'er Tight deposit, a new discovery called Argyle, and approximately 5,800 hectares of prospective gold-bearing 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, including the Viking and Great Northern Projects on the Northern Peninsula and the Tilt Cove Property on the Baie Verte Peninsula.
FORWARD-LOOKING STATEMENTS
This news release contains "forward-looking information" within the meaning of applicable Canadian and United States securities legislation. Forward-looking information includes, but is not limited to, use of proceeds and TSX final acceptance of the Offering. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "plans", "expects", or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", or "does not anticipate", or "believes" or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might", or "will be taken", "occur", or "be achieved". Forward-looking information is based on the opinions and estimates of management at the date the information is made, and is based on a number of assumptions and is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of Anaconda to be materially different from those expressed or implied by such forward-looking information, including risks associated with the exploration, development and mining such as economic factors as they effect exploration, future commodity prices, changes in foreign exchange and interest rates, actual results of current production, development and exploration activities, government regulation, political or economic developments, environmental risks, permitting timelines, capital expenditures, operating or technical difficulties in connection with development activities, employee relations, the speculative nature of gold exploration and development, including the risks of diminishing quantities of grades of resources, contests over title to properties, and changes in project parameters as plans continue to be refined as well as those risk factors discussed in Anaconda's annual information form for the year ended May 31, 2017, available on www.sedar.com. Although Anaconda has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information. Anaconda does not undertake to update any forward-looking information, except in accordance with applicable securities laws.
SOURCE Anaconda Mining Inc.
View original content: http://www.newswire.ca/en/releases/archive/December2017/07/c…
Contact:
Anaconda Mining Inc., Dustin Angelo, President and CEO, (647) 260-1248, dangelo@anacondamining.com, www.AnacondaMining.com; Anaconda Mining Inc., Lynn Hammond, VP Public Relations, (709) 330-1260, Lhammond@anacondamining.com; Reseau ProMarket Inc., Dany Cenac Robert, Investor Relations, (514) 722-2276 x456, Dany.Cenac-Robert@ReseauProMarket.com
© 2017 Canjex Publishing Ltd. All rights reserved.
Anaconda starts 5,000 m drill program at Point Rousse
2017-11-29 07:14 ET - News Release
Mr. Dustin Angelo reports
ANACONDA MINING INITIATES A 5,000-METRE DIAMOND DRILL PROGRAM AT POINT ROUSSE
Anaconda Mining Inc. has initiated a 5,000-metre diamond drill program at its Point Rousse project in Newfoundland. The Point Rousse program will be conducted over the next four months, is estimated to cost approximately $800,000 and will be financed by the recently announced flow-through financing (see press release dated Oct. 31, 2017). The company plans to drill along and adjacent to the Scrape trend, a six-kilometre strike length of fertile geology that includes the Pine Cove mine, Stog'er Tight deposit, the recent Argyle discovery and several other gold prospects. Anaconda is focused on four main targets -- Argyle, the Connector zone, Anoroc and Corkscrew Road -- all of which are within five kilometres of the Pine Cove mill.
"The Scrape trend has produced approximately 100,000 ounces of gold and generated over $40-million in EBITDA [earnings before interest, taxes, depreciation and amortization] over the past seven years. It has a pipeline of deposits, discoveries and future prospects that could sustain production for the coming years. Through the current diamond drill program, we intend to demonstrate the potential to expand gold resources within the Scrape trend. With ease of access to drill targets and the Pine Cove mill already running, exploration is very cost-effective and the duration from discovery to production is compressed because of our existing infrastructure and management team. By investing capital from our recent financing, we believe we can accelerate resource growth at Point Rousse," said Dustin Angelo, president and chief executive officer.
Overview of drill targets
Argyle
Anaconda plans to do a combination of stepout and infill drilling at Argyle. The stepout drilling will be along strike to the east, as well as downdip from the known mineralized area. The stepout drilling will be focused on the mapped and projected continuation of the Argyle gabbro, the host rock to mineralization, and is coincident with geophysical anomalies (magnetic and chargeability) similar to those associated with the Argyle discovery.
Also, within the mineralized area at Argyle, Anaconda is focused on determining the trend of high-grade zones discovered through previous drilling. The easternmost high-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 grams per tonne (g/t) and 5.52 g/t gold. The northernmost high-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 downdip (see previous releases of July 13, Sept. 27 and Nov. 22, 2017)
Connector zone
The Connector zone refers to the area between Argyle and the Stog'er Tight deposit characterized by local gold-in-soil geochemical anomalies as well as coincident magnetic and chargeability geophysical anomalies common to these deposit types at Point Rousse and specifically to the Argyle discovery. Recent geological mapping indicates that the Connector zone is host to the same prospective geology associated with both the Argyle discovery and the Stog'er Tight deposit.
Anoroc
The Anoroc target refers to the prospective Pine Cove geology over a southwest strike of 650 metres from the Pine Cove deposit and mine. Similar alteration and mineralization have been observed in surface trenches with channel sample results of 3.2 g/t gold over three metres and 7.8 g/t gold over 2.0 metres in two trenches. One historic diamond drill hole (AN-90-01) of six in the area returned 9.9 g/t gold over two metres. Prospecting during the summer of 2017 returned assays up to 6.39 g/t gold from surface outcrop.
Corkscrew Road
The fourth drill target, Corkscrew Road, is hosted within an ironstone that sits within the same geologic setting as the Nugget Pond horizon and mine, approximately 50 kilometres to the east of the Point Rousse project. The Nugget Pond mine produced approximately 166,000 ounces of gold at approximately 11 g/t gold. The Corkscrew Road target is associated with a gold-in-soil anomaly located immediately north of the target over a broad area, which is a characteristic common to the Pine Cove and Stog'er Tight deposits and a guide used in their respective discoveries. The target is similarly associated with a chargeability geophysical anomaly. Historic rock samples from this area assay up to 14.0 g/t.
This news release has been reviewed and approved by Paul McNeill, PGeo, vice-president, exploration, with Anaconda Mining, 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 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 atomic absorption finish.
About Anaconda Mining Inc.
Anaconda is a gold mining, exploration and development company, focused in the prospective Atlantic Canadian jurisdictions of Newfoundland and Nova Scotia. The company operates the Point Rousse project 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 Stog'er Tight deposit, a new discovery called Argyle, and approximately 5,800 hectares of prospective gold-bearing 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.
We seek Safe Harbor.
© 2017 Canjex Publishing Ltd. All rights reserved.
2017-11-29 07:14 ET - News Release
Mr. Dustin Angelo reports
ANACONDA MINING INITIATES A 5,000-METRE DIAMOND DRILL PROGRAM AT POINT ROUSSE
Anaconda Mining Inc. has initiated a 5,000-metre diamond drill program at its Point Rousse project in Newfoundland. The Point Rousse program will be conducted over the next four months, is estimated to cost approximately $800,000 and will be financed by the recently announced flow-through financing (see press release dated Oct. 31, 2017). The company plans to drill along and adjacent to the Scrape trend, a six-kilometre strike length of fertile geology that includes the Pine Cove mine, Stog'er Tight deposit, the recent Argyle discovery and several other gold prospects. Anaconda is focused on four main targets -- Argyle, the Connector zone, Anoroc and Corkscrew Road -- all of which are within five kilometres of the Pine Cove mill.
"The Scrape trend has produced approximately 100,000 ounces of gold and generated over $40-million in EBITDA [earnings before interest, taxes, depreciation and amortization] over the past seven years. It has a pipeline of deposits, discoveries and future prospects that could sustain production for the coming years. Through the current diamond drill program, we intend to demonstrate the potential to expand gold resources within the Scrape trend. With ease of access to drill targets and the Pine Cove mill already running, exploration is very cost-effective and the duration from discovery to production is compressed because of our existing infrastructure and management team. By investing capital from our recent financing, we believe we can accelerate resource growth at Point Rousse," said Dustin Angelo, president and chief executive officer.
Overview of drill targets
Argyle
Anaconda plans to do a combination of stepout and infill drilling at Argyle. The stepout drilling will be along strike to the east, as well as downdip from the known mineralized area. The stepout drilling will be focused on the mapped and projected continuation of the Argyle gabbro, the host rock to mineralization, and is coincident with geophysical anomalies (magnetic and chargeability) similar to those associated with the Argyle discovery.
Also, within the mineralized area at Argyle, Anaconda is focused on determining the trend of high-grade zones discovered through previous drilling. The easternmost high-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 grams per tonne (g/t) and 5.52 g/t gold. The northernmost high-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 downdip (see previous releases of July 13, Sept. 27 and Nov. 22, 2017)
Connector zone
The Connector zone refers to the area between Argyle and the Stog'er Tight deposit characterized by local gold-in-soil geochemical anomalies as well as coincident magnetic and chargeability geophysical anomalies common to these deposit types at Point Rousse and specifically to the Argyle discovery. Recent geological mapping indicates that the Connector zone is host to the same prospective geology associated with both the Argyle discovery and the Stog'er Tight deposit.
Anoroc
The Anoroc target refers to the prospective Pine Cove geology over a southwest strike of 650 metres from the Pine Cove deposit and mine. Similar alteration and mineralization have been observed in surface trenches with channel sample results of 3.2 g/t gold over three metres and 7.8 g/t gold over 2.0 metres in two trenches. One historic diamond drill hole (AN-90-01) of six in the area returned 9.9 g/t gold over two metres. Prospecting during the summer of 2017 returned assays up to 6.39 g/t gold from surface outcrop.
Corkscrew Road
The fourth drill target, Corkscrew Road, is hosted within an ironstone that sits within the same geologic setting as the Nugget Pond horizon and mine, approximately 50 kilometres to the east of the Point Rousse project. The Nugget Pond mine produced approximately 166,000 ounces of gold at approximately 11 g/t gold. The Corkscrew Road target is associated with a gold-in-soil anomaly located immediately north of the target over a broad area, which is a characteristic common to the Pine Cove and Stog'er Tight deposits and a guide used in their respective discoveries. The target is similarly associated with a chargeability geophysical anomaly. Historic rock samples from this area assay up to 14.0 g/t.
This news release has been reviewed and approved by Paul McNeill, PGeo, vice-president, exploration, with Anaconda Mining, 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 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 atomic absorption finish.
About Anaconda Mining Inc.
Anaconda is a gold mining, exploration and development company, focused in the prospective Atlantic Canadian jurisdictions of Newfoundland and Nova Scotia. The company operates the Point Rousse project 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 Stog'er Tight deposit, a new discovery called Argyle, and approximately 5,800 hectares of prospective gold-bearing 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.
We seek Safe Harbor.
© 2017 Canjex Publishing Ltd. All rights reserved.
Trading Spotlight
Antwort auf Beitrag Nr.: 56.262.452 von Thunderbird_2 am 24.11.17 00:37:57... da die Herren das Ihnen anvertraute Geld u.a. regelmäßig an das örtliche Schwimmbad verschenken, möchte ich eine kleine Metapher anbringen (sorry, aber ich kann es mir nicht verkneifen):
Beim kleinen Shareholder-value-Seepferdchen-Abzeichen seid ihr leider alle durchgefallen
(Spaß)
Beim kleinen Shareholder-value-Seepferdchen-Abzeichen seid ihr leider alle durchgefallen
(Spaß)
... habe mir mal den Bericht vom annual Meeting (kann auf der Homepage von Anaconda eingesehen werden) angesehen. Dort werden für das FY 2017 als Forecast die AISC-Kosten mit CAD 1675 bis 1750 angegeben
D.h. Im Klartext das vom FY 2017 nicht viel zu erwarten ist. In Verbindung mit dem im Raum stehenden Resplit (1:4) dürfte sich somit noch Einiges an Abwärtspotenzial ergeben. Da ist nach meiner Befürchtung noch locker Potenzial bis zwischen € 0,01 bis € 0,015 drin. Danach dann der Resplit und schwups wir stehen schon bei zwischen € 0,04 und € 0,06 für die nächsten zehn Jahre. Eine Aktie für wahre Finanzanlagemasochisten (Spaß)
- Meine Meinung und keine Handlungsempfehlung, bitte mache sich jeder sein eigenes Bild -
Anaconda Mining drills 12 m of 3.63 g/t Au at Argyle
2017-11-22 07:12 ET - News Release
Mr. Dustin Angelo reports
ANACONDA EXPANDS THE ARGYLE DISCOVERY AND PROVIDES PROJECT UPDATE
Anaconda Mining Inc. has provided the remaining assay results related to an expansion diamond drilling program and a percussion drilling campaign at its 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. The expansion drill program, which consisted of eight diamond drill holes totalling 1,002 metres, was successful in extending Argyle's known mineralization downdip and demonstrating continuity of a higher-grade zone farther to the north than previously known. In addition, Anaconda conducted a percussion drill program to confirm continuity of shallow mineralization along the southern portion of the known mineralized area. The company also plans to announce a National Instrument 43-101-compliant resource on Argyle by the end of 2017.
"We have made great progress on the Argyle discovery and are getting ready to announce an initial resource estimate by the end of the year. The NI 43-101 report will add mineral resources to the Point Rousse project and provide more confidence in Anaconda's ability to sustain gold mining activities within close proximity to the Pine Cove mill. In addition, we will continue with expansion drilling around Argyle with the goal of further resource growth at the Point Rousse project," said Dustin Angelo, president and chief executive officer of Anaconda Mining.
Expansion drill program
On July 13, 2017, Anaconda reported the assays from the first four holes of the expansion drill program. From these holes, the company had successfully expanded Argyle up to 100 metres downdip in the northeast and demonstrated continuity of a higher-grade zone over a further 50 metres downdip to the north than previously known. Assay highlights from these holes included:
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.
The second set of four holes was drilled in the northeastern margins of Argyle beyond holes AE-17-45 to AE-17-48 and intersected typical alteration associated with mineralization. Two holes AE-17-49 and AE-17-50 intersected 1.60 g/t gold over seven metres and 1.13 g/t over five metres, respectively. Hole AE-17-49 is consistent with previous thicknesses of mineralization in this area and is located approximately 50 metres north of hole AE-17-48 extending the Argyle dip extent by 55 metres from the hole AE-17-48 and 155 metres downdip to 220 metres within the 2017 expansion drilling program. Argyle remains open for expansion in all directions.
Percussion drill program
The percussion drill program, conducted in September (see press release dated Sept. 27, 2017), consisted of 491 metres of percussion drilling in 25 shallow holes, of which 20 intersected mineralization. Because of the nature of the percussion drilling technique, the primary goal of the program was to verify that mineralization exists in the areas between the diamond drills, not necessarily to identify specific in-situ grade. The percussion drill program confirmed that mineralization is continuous between previously drilled, broader spaced, diamond drill holes along a 400-metre strike length on the southern portion of the near-surface, mineralized area. Highlights of the percussion drill program emphasizing mineralization over significant thickness include:
8.23 metres at 1.35 g/t gold (4.57 metres to 12.80 metres) in hole AEP17-09;
7.32 metres at 1.35 g/t gold (4.57 metres to 11.89 metres) in hole AEP-17-25;
4.57 metres at 1.18 g/t gold (9.14 metres to 13.72 metres) in hole AEP-17-23.
Exploration plans at Argyle
Based on diamond drilling to date at Argyle, Anaconda has outlined a mineralized structure that is 600 metres in strike and extends to a maximum downdip length of 225 metres, and containing high-grade zones within it. In the near term, the company plans to perform diamond drilling to determine the orientation of the high-grade zones within Argyle and to expand the mineralized area both along strike and downdip. This work will begin in the winter of 2018.
Anaconda plans to calculate an NI 43-101-compliant resource estimate for Argyle. The mineral resource will be announced by the end of 2017 and the resultant NI 43-101 report will be published early in 2018. The report will also outline development and mining plans for the Point Rousse project, which include development plans for Argyle and mining of the Stog'er Tight deposit.
Argyle drilling results to date
Anaconda conducted 4,779 metres of diamond drilling over the past two years in 52 holes at Argyle, outlining a mineralized structure that is 600 metres in strike, dips moderately to the northeast to an average known dip extent of 130 metres and to a maximum of 225 metres from surface. The mineralized area remains open downdip and along strike.
COMPOSITED ASSAYS FROM THE ARGYLE PERCUSSION DRILLING
Hole From To Length Au
ID (m) (m) (m) (g/t)
AEP-17-001 17.37 18.29 0.91 0.66
AEP-17-002 6.40 10.06 3.66 0.70
and 20.12 21.03 0.91 5.06
AEP-17-003 19.20 20.12 0.91 3.73
AEP-17-004 14.63 15.54 0.91 1.60
AEP-17-005 4.57 5.49 0.91 1.57
AEP-17-006 10.06 11.89 1.83 3.45
AEP-17-007 3.66 4.57 0.91 0.64
and 9.14 17.37 8.23 1.00
including 9.14 12.80 3.66 0.80
and 14.63 17.37 2.74 1.67
AEP-17-008 8.23 10.97 2.74 1.17
AEP-17-009 4.57 12.80 8.23 1.35
including 4.57 7.32 2.74 2.46
AEP-17-010 3.66 5.49 1.83 1.03
AEP-17-011 6.40 7.32 0.91 0.58
AEP-17-013 13.72 14.63 0.91 1.22
AEP-17-014 9.14 10.97 1.83 2.68
including 9.14 10.06 0.91 4.83
AEP-17-016 6.40 8.23 1.83 1.55
AEP-17-017 0.91 1.83 0.91 2.29
AEP-17-020 6.40 7.32 0.91 0.53
AEP-17-022 1.83 2.74 0.91 1.02
and 10.06 14.63 4.57 0.69
AEP-17-023 9.14 13.72 4.57 1.18
including 10.97 13.72 2.74 1.75
AEP-17-024 19.20 20.12 0.91 1.09
AEP-17-025 4.57 11.89 7.32 1.35
including 5.49 7.32 1.83 2.45
and 18.29 19.20 0.91 0.57
This news release has been reviewed and approved by Paul McNeill, PGeo, vice-president, exploration, with Anaconda Mining, 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 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 atomic absorption 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.
Percussion drilling was conducted using a Sandvik percussion drill rig with a four-inch bore. Cuttings are collected over every metre of drilling using a scoop holding approximately one kilogram sample. Percussion cuttings include a variety of size fractions of rock and samples may not be homogenized and fully representative of the metre of drilling. For this reason, percussion drill results are considered secondary to diamond drill samples in their confidence as representative of the in-situ grade of mineralization.
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 is a gold mining, exploration and development company, focused in the prospective Atlantic Canadian jurisdictions of Newfoundland and Nova Scotia. The company operates the Point Rousse project 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 Stog'er Tight deposit, a new discovery called Argyle, and approximately 5,800 hectares of prospective gold-bearing 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.
We seek Safe Harbor.
© 2017 Canjex Publishing Ltd. All rights reserved.
2017-11-22 07:12 ET - News Release
Mr. Dustin Angelo reports
ANACONDA EXPANDS THE ARGYLE DISCOVERY AND PROVIDES PROJECT UPDATE
Anaconda Mining Inc. has provided the remaining assay results related to an expansion diamond drilling program and a percussion drilling campaign at its 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. The expansion drill program, which consisted of eight diamond drill holes totalling 1,002 metres, was successful in extending Argyle's known mineralization downdip and demonstrating continuity of a higher-grade zone farther to the north than previously known. In addition, Anaconda conducted a percussion drill program to confirm continuity of shallow mineralization along the southern portion of the known mineralized area. The company also plans to announce a National Instrument 43-101-compliant resource on Argyle by the end of 2017.
"We have made great progress on the Argyle discovery and are getting ready to announce an initial resource estimate by the end of the year. The NI 43-101 report will add mineral resources to the Point Rousse project and provide more confidence in Anaconda's ability to sustain gold mining activities within close proximity to the Pine Cove mill. In addition, we will continue with expansion drilling around Argyle with the goal of further resource growth at the Point Rousse project," said Dustin Angelo, president and chief executive officer of Anaconda Mining.
Expansion drill program
On July 13, 2017, Anaconda reported the assays from the first four holes of the expansion drill program. From these holes, the company had successfully expanded Argyle up to 100 metres downdip in the northeast and demonstrated continuity of a higher-grade zone over a further 50 metres downdip to the north than previously known. Assay highlights from these holes included:
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.
The second set of four holes was drilled in the northeastern margins of Argyle beyond holes AE-17-45 to AE-17-48 and intersected typical alteration associated with mineralization. Two holes AE-17-49 and AE-17-50 intersected 1.60 g/t gold over seven metres and 1.13 g/t over five metres, respectively. Hole AE-17-49 is consistent with previous thicknesses of mineralization in this area and is located approximately 50 metres north of hole AE-17-48 extending the Argyle dip extent by 55 metres from the hole AE-17-48 and 155 metres downdip to 220 metres within the 2017 expansion drilling program. Argyle remains open for expansion in all directions.
Percussion drill program
The percussion drill program, conducted in September (see press release dated Sept. 27, 2017), consisted of 491 metres of percussion drilling in 25 shallow holes, of which 20 intersected mineralization. Because of the nature of the percussion drilling technique, the primary goal of the program was to verify that mineralization exists in the areas between the diamond drills, not necessarily to identify specific in-situ grade. The percussion drill program confirmed that mineralization is continuous between previously drilled, broader spaced, diamond drill holes along a 400-metre strike length on the southern portion of the near-surface, mineralized area. Highlights of the percussion drill program emphasizing mineralization over significant thickness include:
8.23 metres at 1.35 g/t gold (4.57 metres to 12.80 metres) in hole AEP17-09;
7.32 metres at 1.35 g/t gold (4.57 metres to 11.89 metres) in hole AEP-17-25;
4.57 metres at 1.18 g/t gold (9.14 metres to 13.72 metres) in hole AEP-17-23.
Exploration plans at Argyle
Based on diamond drilling to date at Argyle, Anaconda has outlined a mineralized structure that is 600 metres in strike and extends to a maximum downdip length of 225 metres, and containing high-grade zones within it. In the near term, the company plans to perform diamond drilling to determine the orientation of the high-grade zones within Argyle and to expand the mineralized area both along strike and downdip. This work will begin in the winter of 2018.
Anaconda plans to calculate an NI 43-101-compliant resource estimate for Argyle. The mineral resource will be announced by the end of 2017 and the resultant NI 43-101 report will be published early in 2018. The report will also outline development and mining plans for the Point Rousse project, which include development plans for Argyle and mining of the Stog'er Tight deposit.
Argyle drilling results to date
Anaconda conducted 4,779 metres of diamond drilling over the past two years in 52 holes at Argyle, outlining a mineralized structure that is 600 metres in strike, dips moderately to the northeast to an average known dip extent of 130 metres and to a maximum of 225 metres from surface. The mineralized area remains open downdip and along strike.
COMPOSITED ASSAYS FROM THE ARGYLE PERCUSSION DRILLING
Hole From To Length Au
ID (m) (m) (m) (g/t)
AEP-17-001 17.37 18.29 0.91 0.66
AEP-17-002 6.40 10.06 3.66 0.70
and 20.12 21.03 0.91 5.06
AEP-17-003 19.20 20.12 0.91 3.73
AEP-17-004 14.63 15.54 0.91 1.60
AEP-17-005 4.57 5.49 0.91 1.57
AEP-17-006 10.06 11.89 1.83 3.45
AEP-17-007 3.66 4.57 0.91 0.64
and 9.14 17.37 8.23 1.00
including 9.14 12.80 3.66 0.80
and 14.63 17.37 2.74 1.67
AEP-17-008 8.23 10.97 2.74 1.17
AEP-17-009 4.57 12.80 8.23 1.35
including 4.57 7.32 2.74 2.46
AEP-17-010 3.66 5.49 1.83 1.03
AEP-17-011 6.40 7.32 0.91 0.58
AEP-17-013 13.72 14.63 0.91 1.22
AEP-17-014 9.14 10.97 1.83 2.68
including 9.14 10.06 0.91 4.83
AEP-17-016 6.40 8.23 1.83 1.55
AEP-17-017 0.91 1.83 0.91 2.29
AEP-17-020 6.40 7.32 0.91 0.53
AEP-17-022 1.83 2.74 0.91 1.02
and 10.06 14.63 4.57 0.69
AEP-17-023 9.14 13.72 4.57 1.18
including 10.97 13.72 2.74 1.75
AEP-17-024 19.20 20.12 0.91 1.09
AEP-17-025 4.57 11.89 7.32 1.35
including 5.49 7.32 1.83 2.45
and 18.29 19.20 0.91 0.57
This news release has been reviewed and approved by Paul McNeill, PGeo, vice-president, exploration, with Anaconda Mining, 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 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 atomic absorption 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.
Percussion drilling was conducted using a Sandvik percussion drill rig with a four-inch bore. Cuttings are collected over every metre of drilling using a scoop holding approximately one kilogram sample. Percussion cuttings include a variety of size fractions of rock and samples may not be homogenized and fully representative of the metre of drilling. For this reason, percussion drill results are considered secondary to diamond drill samples in their confidence as representative of the in-situ grade of mineralization.
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 is a gold mining, exploration and development company, focused in the prospective Atlantic Canadian jurisdictions of Newfoundland and Nova Scotia. The company operates the Point Rousse project 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 Stog'er Tight deposit, a new discovery called Argyle, and approximately 5,800 hectares of prospective gold-bearing 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.
We seek Safe Harbor.
© 2017 Canjex Publishing Ltd. All rights reserved.
Antwort auf Beitrag Nr.: 56.218.323 von IQ4U am 19.11.17 11:03:23... lieber IQ4U, die alten Hasen werden hier abgekocht, gevierteilt (gereplitet 1:4) und filetiert (dilutiert). Der Rest des Investorenfells wird an das örtliche Schwimmbad gespendet bzw. als Trophäen für Segelwettbewerbe verschenkt. Du siehst es bleibt nichts übrig auch nichts für eine Rente, leider ... natürlich wird das Management mit einem Glas Rotwein bei jeder Gehalts- und Tantiemenzahlung auf die alten Hasen anstoßen und beim anschließenden Hasenbraten die Zunge schnalzen ...
- Meine persönliche Einschätzung und keine Handlungsempfehlung -
- Meine persönliche Einschätzung und keine Handlungsempfehlung -
Danke für Eure regelmäßigen Updates!
Wir haben da ja ein sehr soziales und mega verflochtenes Management bei Anaconda. Wow, mein lieber Scholli...
Wenn die Ihr gesamtes Netzwerk Know How nun noch in das weitere Wachstum von ANX investieren in den nächsten Jahren und der Goldpreis endlich mal um mindestens 1.000 USD steigt, dann aber auch nur dann wird das hier noch etwas mit der Firmenrente für uns alte Hasen.
Wünsche allerseits einen schönen Sonntag!
IQ
Wir haben da ja ein sehr soziales und mega verflochtenes Management bei Anaconda. Wow, mein lieber Scholli...
Wenn die Ihr gesamtes Netzwerk Know How nun noch in das weitere Wachstum von ANX investieren in den nächsten Jahren und der Goldpreis endlich mal um mindestens 1.000 USD steigt, dann aber auch nur dann wird das hier noch etwas mit der Firmenrente für uns alte Hasen.
Wünsche allerseits einen schönen Sonntag!
IQ
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