may-2017

Anaconda Mining Inc.

Mining Inc.

Going for the gold

naconda Mining Inc. is a junior gold mining and

exploration company, headquartered in Toronto,

Canada, with several ongoing mining projects in

Atlantic Canada –most notably the Pine Cove Mine

& Mill, part of the Point Rousse Project on the Baie

Verte peninsula in Newfoundland; the Viking Project inWhite Bay,

Newfoundland; and,most recently the Goldboro Project, located

approximately 180 kilometers northeast of Halifax,Nova Scotia.

The Pine Cove gold deposit was discovered in June 1987, by

South Coast Resources Ltd. In 2003, Anaconda acquired an op-

tion from then-owner New Island Resources Ltd. to earn up to

a 60 percent interest in the Pine Cove Project. A successful bulk

sample and a positive NI 43-101-compliant Technical Report led

to production in 2008. (The NI 43-101 is a national instrument

for the Standards of Disclosure for Mineral Projects within Can-

ada. The Instrument is a codified set of rules and guidelines for

reporting and displaying information related to mineral prop-

erties owned by, or explored by, companies which report these

results on stock exchanges within Canada.)

“We bought out the rest of the interest in the project from

New Island back in 2011,” says President and CEO of Anaconda

Mining, Dustin Angelo, who came on board just the year before.