For thousands of other reports visit RSC's Mineral Intellingence Map
Anaconda Mining Inc.
Summary
| Project: | Goldboro | |
|---|---|---|
| Deposit: | Goldboro | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 4/19/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Environmental Approval | |
| Report details: | 19-4-2018: Anaconda Mining Inc. announces an Exploration/Drilling Update report for its Goldboro deposit at the Goldboro project. Drilling results incl. 13.5m @ 11.27g/t Au from 201m. TORONTO, ONTARIO – April 19, 2018 - Anaconda Mining Inc. (“Anaconda” or | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Paul McNeill (Internal) | |
| ABSTRACT: | TORONTO, ONTARIO – April 19, 2018 - Anaconda Mining Inc. (“Anaconda” or the “Company”) (TSX: ANX) is pleased to announce assay results from five drill holes (1,621 metres) of a 30-drill hole (7,200 metres) diamond drill program that began in October 2017 (the “Drill Program”) at the Company’s Goldboro Project in Nova Scotia (“Goldboro”). The five drill holes (BR-17-11 and BR-18-20 to -23) targeted cross section 9100E near the center of the Goldboro Deposit, within both the East Goldbrook (“EG Gold System”) and Boston-Richardson (“BR Gold System”) Gold Systems (Exhibit A and B). Within the BR Gold System, the Drill Program successfully intersected multiple wide, high-grade zones in areas not previously drilled, extended mineralization down-dip along known limbs and extended the depth of the BR Gold System by approximately 100 metres more than was previously known in this section. Close to surface, the Drill Program was also successful in extending eight mineralized zones in the EG Gold System westward by 50 metres. A full table of composited assays is presented below. “We continue to prove that mineralization extends in all directions in both the EG and BR Gold Systems. We are encountering typical grade and thickness in most of the newly discovered mineralized areas and then we’re uncovering sweet spots that contain broader, higher grade intersections that are among the best results reported from Goldboro to date. The presence of a fault in the areas around holes BR-18-21 to -23 is an important feature that may control the localization of high gold grades and we plan to further test this potential for thicker high-grade intersections within the coming months.” ~Dustin Angelo, President and CEO, Anaconda Mining Inc. | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report