According to the latest press release by Anaconda Mining they are glad to announce the result of a latest drill programme and to starting a further 4000 meter Diamond Drill project at their 100% owned GoldBoro Project in Nova scotia.
The drilling setup is launched to adapt mineral resources in East Goldboro mine As per the Feasibility Study They have taken 975,000 tons of Conditional mineral resources with a potential of 2.11 grams per ton and by capturing these resources it will definitely supportive for the Gold Boro Project Economics by the developing of concentrate minerals to potential
Selected composited highlights from the Exploration Program include:
335.0 g/t gold over 0.5 metres (121.4 to 121.9 metres) in diamond drill hole BR-21-318;
33.0 g/t gold over 0.5 metres (181.8 to 182.3 metres) in diamond drill hole BR-21-310;
13.5 g/t gold over 0.5 metres (32.1 to 32.6 metres) in diamond drill hole BR-21-316;
6.22 g/t gold over 1.0 metres (15.0 to 16.0 metres) in diamond drill hole BR-21-319; and
2.05 g/t gold over 2.7 metres (58.0 to 60.7 metres) in diamond drill hole BR-21-309.
Anaconda Mining is a TSX and OTCQX-listed gold mining, development, and exploration company, focused in the top-tier Canadian mining jurisdictions of Newfoundland and Nova Scotia