ANACONDA MINING INC. SAFETY. INTEGRITY. RELIABILITY
Welcome to the Point Rousse Project in Newfoundland, Canada.
Anaconda Mining Inc. owns 100% of the Point Rousse Project. It is located on the Ming's Bight Peninsula, within the Baie Verte Mining District on the north-central part of Newfoundland. The project has been consistently producing gold since the summer of 2010 after completing an upgrade to its milling infrastructure. Mill throughput is currently approximately 1,100 tonnes per day with a recovery rate of 83-85% at an average grade around 1.8 grams per tonne.
The property control at the Point Rousse Project originally included approximately 660 hectares of mining rights. In 2012 and 2013, the Company entered into option agreements to acquire a 100% interest in six additional exploration properties and staked four other properties. The agreements and staked claims increased the Company’s land package of the Point Rousse Project nine-fold to approximately 6,000 hectares, controlling significant portions of three gold trends totaling over 20 kilometres of strike length and several gold deposits and zones, including the active mining operation at the Pine Cove deposit. The Company’s property package has great potential to contain substantially more economically mineable resources and extend the life of the Point Rousse Project to 10 years or greater at higher production levels.
Jul 29, 2015
Anaconda Mining Comments on Proposed "Take-Under" Bid Announced by Plantro Venture Group
Jul 29, 2015
Anaconda Mining Reports 12.83 g/t Gold Over 4.38 Metres and 8.55 g/t Gold Over 4.97 Metres from Channel Samples at the Stog'er Tight Project
Jul 07, 2015
Kevin Bullock Joins Board of Directors of Anaconda Mining
Jun 18, 2015
Anaconda Mining sets annual production records and sells nearly 16,000 ounces of gold in fiscal 2015