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Anaconda Mining Inc.
Summary
| Project: | Goldboro | |
|---|---|---|
| Deposit: | Goldboro | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 4/4/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Environmental Approval | |
| Report details: | 4-4-2019: Anaconda Mining Inc. announces an Exploration/Drilling Update report for its Goldboro deposit at the Goldboro project. Drilling results incl. 3.8m @ 42.85g/t Au from 66.0m. A table of selected composited assays from both recent and previously re | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Paul McNeill (Internal) | |
| ABSTRACT: | A table of selected composited assays from both recent and previously reported drilling are shown in the table below. "These drill results are important as they provide confidence in the existing resource and geological models of the EG Gold System, confirm the continuity of grade for several of the high-grade zones encountered in previous drilling, and provide the samples necessary to advance metallurgical testing to support a Feasibility Study at Goldboro. The results are consistent with those we have encountered in other areas of the EG Gold System and will be incorporated into an updated mineral resource estimate, which will include 10,000 metres of drilling conducted since July of 2018 and is expected to be released by the third quarter of 2019. In the meantime, we continue to work on an additional 5,000-metre drill program to better outline high-grade zones in the EG Gold System, expand the deposit, and infill specific portions of the EG and Boston-Richardson Gold Systems.” | |
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