Anaconda Mining Intersects 34.70 G/T Gold over 3.5 Metres and 24.34 G/T Gold Over 3.8 Metres at Goldboro

Anaconda Mining (“Anaconda” or the “Company”) (ANX: TSX) is pleased to announce assay results for the first five holes (BR-17-06 to 10) of an ongoing 6,000-metre diamond drilling program at the Company’s Goldboro Project in Nova Scotia (“Goldboro“), the subject of a recent positive PEA announcement (See press release dated January 17, 2018).

Dustin Angelo, President and CEO, Anaconda Mining, said:

“Anaconda continues to achieve successful results at its 100% owned Goldboro Project, following on from the recently announced preliminary economic assessment, which demonstrates a high-grade, long-life project.

In our first significant diamond drilling campaign at Goldboro, we’re hitting high-grade intersections and multiple occurrences of visible gold within new areas of drilling down-dip and down-plunge of the known deposit and have extended the plunge of mineralization by as much as 375 metres.”

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