| Anaconda Mining Initiates Infill Drill Program at the Argyle Discovery | |
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TORONTO , Sept. 21, 2017 /CNW/ - Anaconda Mining Inc. ("Anaconda" or the "Company") – (ANX.TO) is pleased to announce the commencement of a percussion drill program at its Argyle discovery ("Argyle"), located approximately 4.5 kilometres from the Company's Pine Cove Mill and tailings facility at the Point Rousse Project, Newfoundland and Labrador . Since initial trenching and diamond drilling in 2016 at Argyle, Anaconda has discovered a shallow-dipping, near-surface, mineralized gold system with a strike length of over 600 metres and a down-dip extension to at least 225 metres.
The Company plans to drill approximately 500 metres in 25 holes to demonstrate continuity of near surface (less than 25 metres vertical depth at an average drill spacing of 25 metres) mineralization encountered in previous trenching and diamond drill programs. The percussion drilling will augment existing exploration data in preparation of an NI 43-101 compliant resource calculation on the Argyle discovery, which is expected to be published by the end of 2017. View original content with multimedia: http://www.newswire.ca/en/releases/archive/September2017/21/c8205.html |
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Anaconda Mining Inc.
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EXPLORATEUR |
CODE : ANX.TO |
ISIN : CA03240P1080 |
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Anaconda Min. est une société développant des projet miniers d'or basée au Canada. Anaconda Min. détient divers projets d'exploration au Canada et au Chili. Ses principaux projets en exploration sont BORTHWICK LAKE, LINGMAN LAKE et DAMOTI au Canada et SAN GABRIEL FE et HORSE MOUNTAIN - ANACONDA GOLD au Chili. Anaconda Min. est cotée au Canada, aux Etats-Unis D'Amerique et en Allemagne. Sa capitalisation boursière aujourd'hui est 92,1 millions CA$ (73,6 millions US$, 72,6 millions €). La valeur de son action a atteint son plus haut niveau récent le 09 février 2012 à 2,01 CA$, et son plus bas niveau récent le 24 décembre 2015 à 0,04 CA$. Anaconda Min. possède 209 330 000 actions en circulation. |