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Author Topic: Best Precious Metals Stocks  (Read 167 times)

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Best Precious Metals Stocks
« on: October 07, 2019, 01:48:36 PM »
TORONTO, ON – September 4, 2019 - Anaconda Mining Inc. ("Anaconda" or the "Company") (TSX: ANX)
(OTCQX: ANXGF) is pleased to announce results from 18 diamond drill holes (BR-19-72 to BR-19-76 and BR-19-86
to BR-19-97 and BR-19-99) drilled in the East Goldbrook Gold System (“EG Gold System”) at the Goldboro Gold
Project in Nova Scotia ("Goldboro"). The 4,391 metres of diamond drilling were part of a recently completed 5,734-
metre diamond drill program announced on February 28, 2019 and were designed to infill portions of the EG Gold
System (6 drill holes) to upgrade resource categorization (the “Infill Drill Program”) and to extend the EG Gold System
(12 drill holes) east of the 2018 resource model limits at Section 9550E (the “Extension Drill Program”) (Exhibit A, B
and C).
Selected composited highlights from the recent Infill Drill Program include:
• 50.60 g/t grams per tonne ("g/t") gold over 1.0 metre (246.0 to 247.0 metres) in hole BR-19-89;
• 12.23 g/t gold over 2.0 metres (214.3 to 216.3 metres) in hole BR-19-89;
• 6.03 g/t gold over 2.9 metres (200.7 to 203.6 metres) in hole BR-18-90;
• 72.40 g/t gold over 0.6 metres (21.0 to 21.6 metres) in hole BR-18-87; and
• 32.62 g/t gold over 0.9 metres (290.7 to 291.6 metres) in hole BR-18-87.
Selected composited highlights from the recent Extension Drill Program include:
• 27.12 g/t gold over 2.5 metres (51.3 to 53.8 metres) in hole BR-19-97 including 133.11 g/t gold over 0.5
• 102.43 g/t gold over 0.7 metres (142.0 to 142.7 metres) in hole BR-19-86;
• 16.65 g/t gold over 2.0 metres (167.5 to 169.5 metres) in hole BR-18-88 including 65.49 g/t gold over 0.5
• 5.36 g/t gold over 2.2 metres (321.1 to 323.3 metres) in hole BR-18-75; and
• 17.79 g/t gold over 0.5 metres (192.8 to 193.3 metres) in hole BR-18-74.
"The Infill Drill Program successfully infilled specific portions of the EG Gold System that were identified for
development in the 2018 Preliminary Economic Assessment and intersected gold mineralization with grade and widths
consistent with those encountered during earlier drill programs. It is anticipated that the density of drilling will upgrade
these areas of the resource to the Indicated category and will be able to be included in the upcoming mineral resource
update. In addition to these results, the Extension Drill Program successfully demonstrated that the Goldboro Deposit
continues eastward at least 375 metres beyond the previous geological modelling. These drill results will likewise be
used to model the deposit eastward and will be included in a resource update. Anaconda has completed 15,837 metres
of diamond drilling since July of 2018 which will be included in the new resource update and published in a Feasibility
Study expected to be completed in the fourth quarter of 2019. "


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