Anaconda Expands the Argyle Discovery and Provides Project Update

Anaconda Mining Inc. (“Anaconda” or the “Company”) – (TSX:ANX) 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.
As quoted in the press release:

“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.”

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