For thousands of other reports visit RSC's Mineral Intellingence Map
Anaconda Mining Inc.
Summary
| Project: | Goldboro | |
|---|---|---|
| Deposit: | Goldboro | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 10/31/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 31-10-2019: Anaconda Mining Inc. announces a Resource Estimation report for its Goldboro deposit at the Goldboro project. Amended report - updated mineral resource estimate at project. Toronto, ON – October 31, 2019 – Anaconda Mining Inc. (“Anaconda” or t | |
| Resources: | (Resource, M+I): 4.096Mt @ 5.30g/t Au | |
| CP/QP: | [Resources]: Todd McCracken (WSP Canada Inc.) | |
| ABSTRACT: | Toronto, ON – October 31, 2019 – Anaconda Mining Inc. (“Anaconda” or the “Company”) (ANX: TSX)(OTCQX: ANXGF) announces that the original news release captioned “Anaconda Mining Reports Upgraded and Expanded Gold Mineral Resource at its Goldboro Project in Support of Ongoing Feasibility Study”, published on October 30, 2019, incorrectly noted in the Mineral Resource footnotes and text describing the resource modelling parameters that the open pit and underground Mineral Resources were based on a gold price of US$1,550. The actual long-term metal price used to report the Mineral Resource is US$1,350 (or approximately CAD$1,753/oz). The Mineral Resource Statement remains unchanged. The corrected news release in its entirety with relevant updates is given below. Anaconda Mining Inc. (“Anaconda” or the “Company”) (ANX: TSX)(OTCQX: ANXGF) is pleased to announce an update to the Mineral Resource Estimate (“Mineral Resource”) prepared in accordance with National Instrument 43-101 (“NI 43-101”) for the 100% owned Goldboro Gold Project (“Goldboro” or the “Project”) located in Guysborough County, Nova Scotia, Canada (Exhibit A). The current upgraded and expanded Measured and Indicated portion of the Mineral Resource will form the basis of the mine plan to be outlined in the Goldboro Feasibility Study anticipated in Q4 2019. | |
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