| Anaconda Expands the Argyle Discovery and Provides Project Update | |
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TORONTO , Nov. 22, 2017 /CNW/ - Anaconda Mining Inc. ("Anaconda" or the "Company") - (ANX.TO) is pleased to provide the remaining assay results related to an expansion Diamond drilling program (the "Expansion Drill Program") and a percussion drilling campaign (the "Percussion Drill Program") at its Argyle discovery ("Argyle"), 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 8 Diamond drill holes totaling 1,002 metres, was successful in extending Argyle's known mineralization down dip and demonstrating continuity of a higher-grade zone further 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 an NI 43-101 compliant resource on Argyle by the end of 2017. View original content with multimedia: http://www.newswire.ca/en/releases/archive/November2017/22/c5452.html |
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Anaconda Mining Inc.
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EXPLORATION STAGE |
CODE : ANX.TO |
ISIN : CA03240P1080 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Anaconda Min. is a gold development stage company based in Canada. Anaconda Min. holds various exploration projects in Canada and in Chile. Its main exploration properties are BORTHWICK LAKE, LINGMAN LAKE and DAMOTI in Canada and SAN GABRIEL FE and HORSE MOUNTAIN - ANACONDA GOLD in Chile. Anaconda Min. is listed in Canada, in Germany and in United States of America. Its market capitalisation is CA$ 92.1 millions as of today (US$ 73.6 millions, € 64.5 millions). Its stock quote reached its highest recent level on February 09, 2012 at CA$ 2.01, and its lowest recent point on December 24, 2015 at CA$ 0.04. Anaconda Min. has 209 330 000 shares outstanding. |