Anaconda Mining Issues NI 43-101 Mineral Resource Estimate on the Thor Deposit, Viking Project

Anaconda Mining Inc. (TSX: ANX) announced a Mineral Resource Estimate and filed a Technical Report for the Thor Deposit on the Viking Project, located near the communities of Pollards Point and Sop’s Arm in White Bay, Newfoundland and Labrador,
As quoted in the press release:

The Thor Deposit contains an Indicated Mineral Resource of 63,000 ounces of gold (937,000 tonnes at an average grade of 2.09 grams per tonne (“g/t”) Au) and an Inferred Mineral Resource of 20,000 ounces of gold (350,000 tonnes at an average grade of 1.79 g/t Au) at a cut-off grade of 1.0 g/t. The following table summarizes the Indicated and Inferred Mineral Resources at certain cut-off grades.

Click here for the full press release.