Anaconda Mining Inc (ANXGF) 0.0515 $ANXGF
Anaconda Mining extends the strike of Stog'er Tight to 500 metres and intersects 6.70 g/t gold over 4 metres
CNW Group - Thu Jun 02, 6:00AM CDT
Anaconda Mining Inc. ("Anaconda" or the "Company"
- (TSX: ANX) is pleased to announce the results of a 751-metre, 16-hole, diamond drill program (Exhibit A - Plan Map) conducted at the Stog'er Tight project. The drill program focused on shallow areas, no more than 40 metres from surface, west and southwest of the Stog'er Tight Deposit ("Stog'er Tight" or the "Deposit". The goals of the program were to test the hypothesis that the Gabbro and West zones joined together below surface and to determine if surface mineralization at the West zone continued down-dip and is an extension of the Deposit.
ANX.TO: 0.07 (+0.01)
Anaconda Mining's Dustin Angelo recognized among top 50 CEOs in Atlantic Canada
CNW Group - Mon May 16, 6:00AM CDT
On Thursday May 12, 2016, Atlantic Business Magazine announced that Dustin Angelo, CEO of Anaconda Mining Inc. (TSX: ANX) was named one of Atlantic Canada's Top 50 CEO's for 2016. Angelo, along with VP Operations, Allan Cramm, attended the Gala Award Ceremony held at the Delta Beausejour Hotel in Moncton, NB, emceed by "This Hour Has 22 Minutes" host Mark Critch.
ANX.TO: 0.07 (+0.01)
Metallurgical test work demonstrates Pine Cove mill processing potential for the Thor Deposit
CNW Group - Thu May 12, 6:00AM CDT
Anaconda Mining Inc. ("Anaconda" or the "Company" - (TSX: ANX) is pleased to report that results of preliminary metallurgical test work indicates that ore from the Thor Deposit of the Viking Project ("Thor Deposit" could be processed at the Pine Cove mill using current flotation and leach circuit configuration. The results of the study are based on a homogenized sample collected from two diamond drill holes. Bench scale test work, conducted by NB Research and Productivity Council ("RPC", primarily focused on flotation, cyanide leaching and grinding to evaluate the response of the Thor Deposit material to the current plant flow sheet for the Pine Cove mill.
ANX.TO: 0.07 (+0.01)
Beaumont Hamel commemorative pin to feature Anaconda Newfoundland Gold
CNW Group - Tue May 10, 6:00AM CDT
On Friday May 6(th), representatives of Anaconda Mining (TSX:ANX) and The Golden Tulip participated in a ceremony hosted at Government House with the Community Foundation of Newfoundland and Labrador (CFNL) to launch its "We Remember" initiative in commemoration of the 100(th) anniversary of the Battle of Beaumont Hamel on July 1, 2016.
ANX.TO: 0.07 (+0.01)
Spruce Ridge Drills “Surprising” High Grade at Great Burnt Copper Deposit 7.50 Metres of 9.45% Copper, Including 3.00 Metres of 19.30% Copper
Filing Services Canada XHTML - Tue Apr 26, 8:38AM CDT
SHL.VN: 0.040 (+0.005)
Anaconda Mining sells 3,266 ounces and generates $1.1M of EBITDA at the Point Rousse Project for Q3 fiscal 2016
CNW Group - Wed Apr 13, 6:00AM CDT
Anaconda Mining Inc. ("Anaconda" or the "Company" - (TSX:ANX) is pleased to report its financial and operating results for the three and nine months ended February 29, 2016. All amounts are expressed in Canadian Dollars unless otherwise noted. During the third quarter of fiscal 2016, the Company sold 3,266 ounces of gold and generated $4,988,063 in revenue at an average sales price of $1,527 (USD$1,099) per ounce. Cash cost per ounce sold at the Point Rousse Project for the three months ended February 29, 2016 was $1,188 (USD$855). Earnings before interest, taxes, depreciation and amortization and other non-cash expenses ("EBITDA" at the project level were $1,106,940. Net loss for the three months ended February 26, 2016 was $623,997. As at February 26, 2016, the Company had cash and cash equivalents of $889,527 and net working capital of $1,454,913.
ANX.TO: 0.07 (+0.01)
Anaconda's Point Rousse Project Sells 3,300 Ounces of Gold; Generates $5.0M in Gold Sales in Q3 FY2016
CNW Group - Mon Mar 21, 6:00AM CDT
Anaconda Mining Inc. ("Anaconda" or the "Company" - (TSX:ANX) announces certain financial and operating results from the three and nine month period ended February 29, 2016. The Company sold 3,266 ounces of gold during the third quarter of fiscal 2016 and generated $4,988,063 in gold sales at an average sales price of $1,527 per ounce. During the nine months ended February 29, 2016, the Company sold 11,827 ounces of gold and generated $17,571,939 in gold sales at an average sales price of $1,486 per ounce. Gold sales in the first nine months of fiscal 2016 were 6% higher than the comparable period of fiscal 2015. The Company expects to file its full financial statements on or before April 12, 2016. All financial results are denominated in Canadian dollars unless otherwise noted.
ANX.TO: 0.07 (+0.01)
Anaconda acquires another gold deposit and project; Expands its reach in Newfoundland
CNW Group - Wed Feb 10, 6:00AM CST
Anaconda Mining Inc. ("Anaconda" or the "Company" - (TSX: ANX) is pleased to report that on February 5, 2016 (the "Effective Date" it entered into an option agreement (the "Viking Agreement" with Spruce Ridge Resources Ltd. ("Spruce Ridge", to acquire a 100% undivided interest in the Viking property ("Viking", which contains the Thor-Trend Gold Deposit ("Thor Deposit". The Thor Deposit contains a Historical Mineral Resource Estimate as summarized below:
ANX.TO: 0.07 (+0.01)
Anaconda Mining drills 2.68 g/t Au over 15.9 metres and 2.11 g/t Au over 10.5 metres; Expands the Pine Cove deposit
CNW Group - Mon Jan 25, 6:00AM CST
Anaconda Mining Inc. ("Anaconda" or the "Company" - (TSX: ANX) is pleased to announce the results of a recent drill program on the Pine Cove deposit consisting of 1,156 metres of diamond drilling within 14 shallow holes (Exhibit A). The program was focused on the southern margins of the Pine Cove deposit at a maximum depth of 75 metres in an area known as Pine Cove Pond, which is currently not part of the mine plan. The Pine Cove Pond Indicated Resource is estimated at 328,000 tonnes at 1.83 grams per tonne ("g/t" Au, which was included in the resource estimate published in a 43-101 compliant technical report* published on SEDAR on December 8, 2015 (Exhibit 
. Geological and geophysical evidence suggest that the Pine Cove Pond area may contain the easterly and westerly continuation of the southern portion of the Pine Cove deposit. The goal of the drill program was to understand the limits of known mineralization and establish Mineral Reserves in the Pine Cove Pond area to extend the mine life of the Pine Cove deposit.
ANX.TO: 0.07 (+0.01)
Anaconda Mining reports 1.89 g/t gold over 10 metres and extends the Argyle prospect at surface
CNW Group - Thu Jan 21, 6:00AM CST
Anaconda Mining Inc. ("Anaconda" or the "Company" - (TSX: ANX) is pleased to announce the results of a recent trenching and channel sampling program at the Argyle prospect located just northeast of Stog'er Tight and approximately 5.5 kilometres from the Pine Cove mill. The program consisted of the excavation of overburden along four trenches over 181 metres and channel sampling of 68 metres of the exposed bedrock. The goal of the program was to determine if two previously exposed zones of mineralization are contiguous and demonstrate geological continuity along the Argyle prospect. Three of the four trenches tested the eastern portion of the prospect where it was previously constrained by a single trench. A fourth trench tested the western limits of the prospect.
ANX.TO: 0.07 (+0.01)
Anaconda Mining Presenting Sponsorship of Rotary Club of St. John's Northwest 12th Annual Gala Dinner & Auction
CNW Group - Tue Jan 12, 6:50AM CST
Anaconda Mining Inc. ("Anaconda" or the "Company" - (TSX: ANX), a gold producer that owns and operates the Point Rousse Project in the Baie Verte Mining District, Newfoundland, is pleased to announce that it will be the presenting sponsor of this year's Rotary Club of St. John's Northwest 12(th) Annual Gala Dinner & Auction in St. John's, NL on March 12, 2016. The Company has made a $50,000 donation to support Gala beneficiary Hope Air through this sponsorship.
ANX.TO: 0.07 (+0.01)
Anaconda Mining sells 4,605 ounces and generates $2.6M of EBITDA at the Point Rousse Project for Q2 fiscal 2016
CNW Group - Fri Jan 08, 6:00AM CST
Anaconda Mining Inc. ("Anaconda" or the "Company" - (TSX: ANX) is pleased to report its financial and operating results for the three and six months ended November 30, 2015. All amounts are expressed in Canadian Dollars unless otherwise noted. During the second quarter of fiscal 2016, the Company sold 4,605 ounces of gold resulting in $6,798,075 in revenue at an average sales price of $1,476 per ounce (USD$1,118). Cash cost per ounce sold at the Point Rousse Project for the three months ended November 30, 2015 was $913 (USD$691). Earnings before interest, taxes, depreciation and amortization and other non-cash expenses ("EBITDA" at the project level were $2,594,851. Net income for the three months ended November 30, 2015 was $766,040. As at November 30, 2015, the Company had cash and cash equivalents of $972,479 and net working capital of $2,473,693.
ANX.TO: 0.07 (+0.01)
Anaconda Mining raises USD $500,000 through prepayment arrangement
CNW Group - Mon Dec 21, 6:00AM CST
Anaconda Mining Inc. ("Anaconda" or "the Company" - (TSX:ANX) is pleased to announce that the Company entered into an agreement (the "Agreement" on December 18, 2015 with Auramet International LLC ("Auramet" through which Auramet has paid USD$500,000 (USD$980 per ounce) (the "Prepayment Amount", less fees, to Anaconda in exchange for 510 ounces of gold. Anaconda will deliver these ounces to Auramet in 10 deliveries of 51 ounces per month from January to October 2016. The Prepayment Amount was priced based on a spot price on December 18, 2015 of USD$1,067 per ounce. Anaconda also agrees to sell 100% of its production to Auramet for a minimum of one year from the last contractual delivery date (October 2016).
ANX.TO: 0.07 (+0.01)
Anaconda Mining reports 17.76 g/t gold over 11 metres and 4.38 g/t gold over 9 metres; confirms that Stog'er Tight mineralization continues along strike and near surface
CNW Group - Thu Dec 17, 6:00AM CST
Anaconda Mining Inc. ("Anaconda" or the "Company" - (TSX: ANX) is pleased to announce the results of its fall exploration program on the Stog'er Tight project. The program was focused on continuing to expand mineral resources along strike and adjacent to the Stog'er Tight deposit (Exhibit A). The program included the excavation of 6 trenches and the collection of 219 one-metre channel samples in the East, West and Gabbro zones following up on historical mapping and trenching that indicated the presence of mineralization.
ANX.TO: 0.07 (+0.01)
Anaconda files an updated technical report on the Point Rousse Project, Baie Verte, Newfoundland and Labrador
CNW Group - Tue Dec 08, 6:00AM CST
Anaconda Mining Inc. ("Anaconda" or the "Company" - (TSX: ANX) is pleased to announce that further to the Company's news release dated October 22, 2015, it has filed an NI 43-101 Technical Report on SEDAR (www.sedar.com) titled "NI43-101 Technical Report, Mineral Resource and Mineral Reserve Update on the Pine Cove Mine and Mineral Resource Estimate on the Stog'er Tight Deposit, Point Rousse Project, Baie Verte, Newfoundland and Labrador, Canada".
ANX.TO: 0.07 (+0.01)
Anaconda Mining Announces Election of Directors
CNW Group - Fri Nov 20, 6:00AM CST
Anaconda Mining Inc. ("Anaconda" or the "Company" - (TSX: ANX) is pleased to announce that the nominees listed in the management proxy circular for the 2015 Annual and Special Meeting were elected as directors of Anaconda. Detailed results of the vote for the election of directors held at the Annual General and Special Meeting on November 19, 2015 in Toronto are set out below.
ANX.TO: 0.07 (+0.01)
Anaconda Mining continues exploration at Pine Cove, Stog'er Tight and Argyle; Looking to increase Mineral Resources
CNW Group - Mon Nov 16, 6:00AM CST
Anaconda Mining Inc. ("Anaconda" or the "Company" - (TSX: ANX) is pleased to announce that on October 25(th), it initiated a targeted exploration program at the Point Rousse Project primarily aimed at expanding the Mineral Resources associated with the deposits meant to extend the baseload production profile of the project. The Company's initial goal is to extend the life of the Point Rousse Project to over 10 years at its current production rate using the Pine Cove and Stog'er Tight deposits as its source. To that end, Anaconda developed this targeted program that consists of 1,000 metres of diamond drilling at the Pine Cove deposit and 1,000 metres of trenching at the Stog'er Tight deposit. The Company also plans to trench 300 metres at the Argyle zone to build upon the early success of the new discovery. The results of the exploration program are expected by the end of January.
ANX.TO: 0.07 (+0.01)
Anaconda Mining receives key permits and releases for the development of the Stog'er Tight project
CNW Group - Thu Nov 12, 6:00AM CST
Anaconda Mining Inc. ("Anaconda" or "the Company" - (TSX: ANX) is pleased to announce the receipt of key permits and releases from the Government of Newfoundland and Labrador regarding the Stog'er Tight gold project, located approximately 3.5 kilometres east of the Pine Cove mill along the Pine Cove mine road (Please see Exhibit "A" for location map).
ANX.TO: 0.07 (+0.01)
Anaconda hits milestone in strategy to extend the life of the Point Rousse Project
CNW Group - Thu Oct 22, 6:00AM CDT
Anaconda Mining Inc. ("Anaconda" or the "Company" - (TSX: ANX) is pleased to provide an updated Mineral Resource estimate for the Point Rousse Project (Exhibit A) with new resource calculations at the Stog'er Tight and Pine Cove deposits with an effective date of October 22, 2015 which conforms to National Instrument 43-101 - Standards of Disclosure for Mineral Projects ("NI 43-101 Standards". These resource calculations represent an important step in the Company's strategy to extend the life of the Point Rousse Project. One of Anaconda's goals is to expand the Pine Cove deposit and develop the Stog'er Tight deposit so that the project will extend to over ten years. With these new resource calculations, the Company is beginning to build a portfolio of ounces and demonstrate the potential to reach its goal. A technical report will be filed on SEDAR within 45 days of this press release.
ANX.TO: 0.07 (+0.01)
Anaconda frees up nearly $800,000 in restricted cash
CNW Group - Mon Oct 19, 6:00AM CDT
Anaconda Mining Inc. ("Anaconda" or "the Company" - (TSX:ANX) announces that it has entered into a definitive agreement with a major insurance company to provide surety bonding in the amount of approximately $1.8 million (the "Bond" for the Company's reclamation obligations with the Ministry of Natural Resources ("MNR" of the Province of Newfoundland and Labrador. Now that the Bond is in place, Anaconda has taken back $788,000 in cash from the MNR that was being held to collateralize the Company's reclamation obligations. The Bond guarantees the funding of the Company's mine closure plan at its Point Rousse Project. Anaconda currently pays an annual premium of 2.5% of the amount of surety bonding outstanding. Also, the Company has more capacity to bond additional areas at the project as it grows.
ANX.TO: 0.07 (+0.01)
Anaconda Mining extends the strike of Stog'er Tight to 500 metres and intersects 6.70 g/t gold over 4 metres
CNW Group - Thu Jun 02, 6:00AM CDT
Anaconda Mining Inc. ("Anaconda" or the "Company"
- (TSX: ANX) is pleased to announce the results of a 751-metre, 16-hole, diamond drill program (Exhibit A - Plan Map) conducted at the Stog'er Tight project. The drill program focused on shallow areas, no more than 40 metres from surface, west and southwest of the Stog'er Tight Deposit ("Stog'er Tight" or the "Deposit". The goals of the program were to test the hypothesis that the Gabbro and West zones joined together below surface and to determine if surface mineralization at the West zone continued down-dip and is an extension of the Deposit. ANX.TO: 0.07 (+0.01)
Anaconda Mining's Dustin Angelo recognized among top 50 CEOs in Atlantic Canada
CNW Group - Mon May 16, 6:00AM CDT
On Thursday May 12, 2016, Atlantic Business Magazine announced that Dustin Angelo, CEO of Anaconda Mining Inc. (TSX: ANX) was named one of Atlantic Canada's Top 50 CEO's for 2016. Angelo, along with VP Operations, Allan Cramm, attended the Gala Award Ceremony held at the Delta Beausejour Hotel in Moncton, NB, emceed by "This Hour Has 22 Minutes" host Mark Critch.
ANX.TO: 0.07 (+0.01)
Metallurgical test work demonstrates Pine Cove mill processing potential for the Thor Deposit
CNW Group - Thu May 12, 6:00AM CDT
Anaconda Mining Inc. ("Anaconda" or the "Company"
- (TSX: ANX) is pleased to report that results of preliminary metallurgical test work indicates that ore from the Thor Deposit of the Viking Project ("Thor Deposit" could be processed at the Pine Cove mill using current flotation and leach circuit configuration. The results of the study are based on a homogenized sample collected from two diamond drill holes. Bench scale test work, conducted by NB Research and Productivity Council ("RPC", primarily focused on flotation, cyanide leaching and grinding to evaluate the response of the Thor Deposit material to the current plant flow sheet for the Pine Cove mill. ANX.TO: 0.07 (+0.01)
Beaumont Hamel commemorative pin to feature Anaconda Newfoundland Gold
CNW Group - Tue May 10, 6:00AM CDT
On Friday May 6(th), representatives of Anaconda Mining (TSX:ANX) and The Golden Tulip participated in a ceremony hosted at Government House with the Community Foundation of Newfoundland and Labrador (CFNL) to launch its "We Remember" initiative in commemoration of the 100(th) anniversary of the Battle of Beaumont Hamel on July 1, 2016.
ANX.TO: 0.07 (+0.01)
Spruce Ridge Drills “Surprising” High Grade at Great Burnt Copper Deposit 7.50 Metres of 9.45% Copper, Including 3.00 Metres of 19.30% Copper
Filing Services Canada XHTML - Tue Apr 26, 8:38AM CDT
SHL.VN: 0.040 (+0.005)
Anaconda Mining sells 3,266 ounces and generates $1.1M of EBITDA at the Point Rousse Project for Q3 fiscal 2016
CNW Group - Wed Apr 13, 6:00AM CDT
Anaconda Mining Inc. ("Anaconda" or the "Company"
- (TSX:ANX) is pleased to report its financial and operating results for the three and nine months ended February 29, 2016. All amounts are expressed in Canadian Dollars unless otherwise noted. During the third quarter of fiscal 2016, the Company sold 3,266 ounces of gold and generated $4,988,063 in revenue at an average sales price of $1,527 (USD$1,099) per ounce. Cash cost per ounce sold at the Point Rousse Project for the three months ended February 29, 2016 was $1,188 (USD$855). Earnings before interest, taxes, depreciation and amortization and other non-cash expenses ("EBITDA" at the project level were $1,106,940. Net loss for the three months ended February 26, 2016 was $623,997. As at February 26, 2016, the Company had cash and cash equivalents of $889,527 and net working capital of $1,454,913. ANX.TO: 0.07 (+0.01)
Anaconda's Point Rousse Project Sells 3,300 Ounces of Gold; Generates $5.0M in Gold Sales in Q3 FY2016
CNW Group - Mon Mar 21, 6:00AM CDT
Anaconda Mining Inc. ("Anaconda" or the "Company"
- (TSX:ANX) announces certain financial and operating results from the three and nine month period ended February 29, 2016. The Company sold 3,266 ounces of gold during the third quarter of fiscal 2016 and generated $4,988,063 in gold sales at an average sales price of $1,527 per ounce. During the nine months ended February 29, 2016, the Company sold 11,827 ounces of gold and generated $17,571,939 in gold sales at an average sales price of $1,486 per ounce. Gold sales in the first nine months of fiscal 2016 were 6% higher than the comparable period of fiscal 2015. The Company expects to file its full financial statements on or before April 12, 2016. All financial results are denominated in Canadian dollars unless otherwise noted. ANX.TO: 0.07 (+0.01)
Anaconda acquires another gold deposit and project; Expands its reach in Newfoundland
CNW Group - Wed Feb 10, 6:00AM CST
Anaconda Mining Inc. ("Anaconda" or the "Company"
- (TSX: ANX) is pleased to report that on February 5, 2016 (the "Effective Date" it entered into an option agreement (the "Viking Agreement" with Spruce Ridge Resources Ltd. ("Spruce Ridge", to acquire a 100% undivided interest in the Viking property ("Viking", which contains the Thor-Trend Gold Deposit ("Thor Deposit". The Thor Deposit contains a Historical Mineral Resource Estimate as summarized below: ANX.TO: 0.07 (+0.01)
Anaconda Mining drills 2.68 g/t Au over 15.9 metres and 2.11 g/t Au over 10.5 metres; Expands the Pine Cove deposit
CNW Group - Mon Jan 25, 6:00AM CST
Anaconda Mining Inc. ("Anaconda" or the "Company"
- (TSX: ANX) is pleased to announce the results of a recent drill program on the Pine Cove deposit consisting of 1,156 metres of diamond drilling within 14 shallow holes (Exhibit A). The program was focused on the southern margins of the Pine Cove deposit at a maximum depth of 75 metres in an area known as Pine Cove Pond, which is currently not part of the mine plan. The Pine Cove Pond Indicated Resource is estimated at 328,000 tonnes at 1.83 grams per tonne ("g/t" Au, which was included in the resource estimate published in a 43-101 compliant technical report* published on SEDAR on December 8, 2015 (Exhibit . Geological and geophysical evidence suggest that the Pine Cove Pond area may contain the easterly and westerly continuation of the southern portion of the Pine Cove deposit. The goal of the drill program was to understand the limits of known mineralization and establish Mineral Reserves in the Pine Cove Pond area to extend the mine life of the Pine Cove deposit. ANX.TO: 0.07 (+0.01)
Anaconda Mining reports 1.89 g/t gold over 10 metres and extends the Argyle prospect at surface
CNW Group - Thu Jan 21, 6:00AM CST
Anaconda Mining Inc. ("Anaconda" or the "Company"
- (TSX: ANX) is pleased to announce the results of a recent trenching and channel sampling program at the Argyle prospect located just northeast of Stog'er Tight and approximately 5.5 kilometres from the Pine Cove mill. The program consisted of the excavation of overburden along four trenches over 181 metres and channel sampling of 68 metres of the exposed bedrock. The goal of the program was to determine if two previously exposed zones of mineralization are contiguous and demonstrate geological continuity along the Argyle prospect. Three of the four trenches tested the eastern portion of the prospect where it was previously constrained by a single trench. A fourth trench tested the western limits of the prospect. ANX.TO: 0.07 (+0.01)
Anaconda Mining Presenting Sponsorship of Rotary Club of St. John's Northwest 12th Annual Gala Dinner & Auction
CNW Group - Tue Jan 12, 6:50AM CST
Anaconda Mining Inc. ("Anaconda" or the "Company"
- (TSX: ANX), a gold producer that owns and operates the Point Rousse Project in the Baie Verte Mining District, Newfoundland, is pleased to announce that it will be the presenting sponsor of this year's Rotary Club of St. John's Northwest 12(th) Annual Gala Dinner & Auction in St. John's, NL on March 12, 2016. The Company has made a $50,000 donation to support Gala beneficiary Hope Air through this sponsorship. ANX.TO: 0.07 (+0.01)
Anaconda Mining sells 4,605 ounces and generates $2.6M of EBITDA at the Point Rousse Project for Q2 fiscal 2016
CNW Group - Fri Jan 08, 6:00AM CST
Anaconda Mining Inc. ("Anaconda" or the "Company"
- (TSX: ANX) is pleased to report its financial and operating results for the three and six months ended November 30, 2015. All amounts are expressed in Canadian Dollars unless otherwise noted. During the second quarter of fiscal 2016, the Company sold 4,605 ounces of gold resulting in $6,798,075 in revenue at an average sales price of $1,476 per ounce (USD$1,118). Cash cost per ounce sold at the Point Rousse Project for the three months ended November 30, 2015 was $913 (USD$691). Earnings before interest, taxes, depreciation and amortization and other non-cash expenses ("EBITDA" at the project level were $2,594,851. Net income for the three months ended November 30, 2015 was $766,040. As at November 30, 2015, the Company had cash and cash equivalents of $972,479 and net working capital of $2,473,693. ANX.TO: 0.07 (+0.01)
Anaconda Mining raises USD $500,000 through prepayment arrangement
CNW Group - Mon Dec 21, 6:00AM CST
Anaconda Mining Inc. ("Anaconda" or "the Company"
- (TSX:ANX) is pleased to announce that the Company entered into an agreement (the "Agreement" on December 18, 2015 with Auramet International LLC ("Auramet" through which Auramet has paid USD$500,000 (USD$980 per ounce) (the "Prepayment Amount", less fees, to Anaconda in exchange for 510 ounces of gold. Anaconda will deliver these ounces to Auramet in 10 deliveries of 51 ounces per month from January to October 2016. The Prepayment Amount was priced based on a spot price on December 18, 2015 of USD$1,067 per ounce. Anaconda also agrees to sell 100% of its production to Auramet for a minimum of one year from the last contractual delivery date (October 2016). ANX.TO: 0.07 (+0.01)
Anaconda Mining reports 17.76 g/t gold over 11 metres and 4.38 g/t gold over 9 metres; confirms that Stog'er Tight mineralization continues along strike and near surface
CNW Group - Thu Dec 17, 6:00AM CST
Anaconda Mining Inc. ("Anaconda" or the "Company"
- (TSX: ANX) is pleased to announce the results of its fall exploration program on the Stog'er Tight project. The program was focused on continuing to expand mineral resources along strike and adjacent to the Stog'er Tight deposit (Exhibit A). The program included the excavation of 6 trenches and the collection of 219 one-metre channel samples in the East, West and Gabbro zones following up on historical mapping and trenching that indicated the presence of mineralization. ANX.TO: 0.07 (+0.01)
Anaconda files an updated technical report on the Point Rousse Project, Baie Verte, Newfoundland and Labrador
CNW Group - Tue Dec 08, 6:00AM CST
Anaconda Mining Inc. ("Anaconda" or the "Company"
- (TSX: ANX) is pleased to announce that further to the Company's news release dated October 22, 2015, it has filed an NI 43-101 Technical Report on SEDAR (www.sedar.com) titled "NI43-101 Technical Report, Mineral Resource and Mineral Reserve Update on the Pine Cove Mine and Mineral Resource Estimate on the Stog'er Tight Deposit, Point Rousse Project, Baie Verte, Newfoundland and Labrador, Canada". ANX.TO: 0.07 (+0.01)
Anaconda Mining Announces Election of Directors
CNW Group - Fri Nov 20, 6:00AM CST
Anaconda Mining Inc. ("Anaconda" or the "Company"
- (TSX: ANX) is pleased to announce that the nominees listed in the management proxy circular for the 2015 Annual and Special Meeting were elected as directors of Anaconda. Detailed results of the vote for the election of directors held at the Annual General and Special Meeting on November 19, 2015 in Toronto are set out below. ANX.TO: 0.07 (+0.01)
Anaconda Mining continues exploration at Pine Cove, Stog'er Tight and Argyle; Looking to increase Mineral Resources
CNW Group - Mon Nov 16, 6:00AM CST
Anaconda Mining Inc. ("Anaconda" or the "Company"
- (TSX: ANX) is pleased to announce that on October 25(th), it initiated a targeted exploration program at the Point Rousse Project primarily aimed at expanding the Mineral Resources associated with the deposits meant to extend the baseload production profile of the project. The Company's initial goal is to extend the life of the Point Rousse Project to over 10 years at its current production rate using the Pine Cove and Stog'er Tight deposits as its source. To that end, Anaconda developed this targeted program that consists of 1,000 metres of diamond drilling at the Pine Cove deposit and 1,000 metres of trenching at the Stog'er Tight deposit. The Company also plans to trench 300 metres at the Argyle zone to build upon the early success of the new discovery. The results of the exploration program are expected by the end of January. ANX.TO: 0.07 (+0.01)
Anaconda Mining receives key permits and releases for the development of the Stog'er Tight project
CNW Group - Thu Nov 12, 6:00AM CST
Anaconda Mining Inc. ("Anaconda" or "the Company"
- (TSX: ANX) is pleased to announce the receipt of key permits and releases from the Government of Newfoundland and Labrador regarding the Stog'er Tight gold project, located approximately 3.5 kilometres east of the Pine Cove mill along the Pine Cove mine road (Please see Exhibit "A" for location map). ANX.TO: 0.07 (+0.01)
Anaconda hits milestone in strategy to extend the life of the Point Rousse Project
CNW Group - Thu Oct 22, 6:00AM CDT
Anaconda Mining Inc. ("Anaconda" or the "Company"
- (TSX: ANX) is pleased to provide an updated Mineral Resource estimate for the Point Rousse Project (Exhibit A) with new resource calculations at the Stog'er Tight and Pine Cove deposits with an effective date of October 22, 2015 which conforms to National Instrument 43-101 - Standards of Disclosure for Mineral Projects ("NI 43-101 Standards". These resource calculations represent an important step in the Company's strategy to extend the life of the Point Rousse Project. One of Anaconda's goals is to expand the Pine Cove deposit and develop the Stog'er Tight deposit so that the project will extend to over ten years. With these new resource calculations, the Company is beginning to build a portfolio of ounces and demonstrate the potential to reach its goal. A technical report will be filed on SEDAR within 45 days of this press release. ANX.TO: 0.07 (+0.01)
Anaconda frees up nearly $800,000 in restricted cash
CNW Group - Mon Oct 19, 6:00AM CDT
Anaconda Mining Inc. ("Anaconda" or "the Company"
- (TSX:ANX) announces that it has entered into a definitive agreement with a major insurance company to provide surety bonding in the amount of approximately $1.8 million (the "Bond" for the Company's reclamation obligations with the Ministry of Natural Resources ("MNR" of the Province of Newfoundland and Labrador. Now that the Bond is in place, Anaconda has taken back $788,000 in cash from the MNR that was being held to collateralize the Company's reclamation obligations. The Bond guarantees the funding of the Company's mine closure plan at its Point Rousse Project. Anaconda currently pays an annual premium of 2.5% of the amount of surety bonding outstanding. Also, the Company has more capacity to bond additional areas at the project as it grows. ANX.TO: 0.07 (+0.01)
