TORONTO, ONTARIO — (Marketwired) — 06/19/13 — Anaconda Mining Inc. ("Anaconda" or "the Company") – (TSX: ANX) is pleased to announce that on June 13, 2013, the Company made its final payment on a 5.5% interest bearing loan, originally advanced in the amount of $500,000, from the Newfoundland and Labrador Government-s Department of Innovation Business and Rural Development (formerly INTRD). The Company no longer has any interest bearing debt on its balance sheet. There is
TORONTO, ONTARIO — (Marketwired) — 06/18/13 — Anaconda Mining Inc. ("Anaconda" or "the Company") – (TSX: ANX) is pleased to report that it has engaged Fugro Airborne Services to fly a helicopter-borne Electromagnetic/Magnetic survey over Anaconda-s Pine Cove property on the Baie Verte Peninsula, Newfoundland. The airborne survey has begun and is expected to be completed by the end of June with the results being available by approximately late August.Anaconda has mineral
TORONTO, ONTARIO — (Marketwired) — 06/13/13 — Anaconda Mining Inc. ("Anaconda" or "the Company") – (TSX: ANX) is pleased to announce certain financial and operating results from the fiscal fourth quarter and full year ended May 31, 2013. During the fourth quarter, the Company sold 4,367 ounces of gold and generated $6,780,307 in revenue at an average sales price of $1,552 per ounce. The fourth quarter sales volume and revenue were approximately 41% and 32% greater than t
TORONTO, ONTARIO — (Marketwired) — 06/05/13 — Anaconda Mining Inc. ("Anaconda" or "the Company") (TSX: ANX) is pleased to report that it has successfully completed its second phase of diamond drilling on the Western Extension Area at the Pine Cove mine on the Baie Verte Peninsula, Newfoundland. Nine of ten drill holes intersected gold mineralization over variable core lengths. Additional drilling is expected, following a detailed structural analysis of all the drill data
TORONTO, ONTARIO — (Marketwired) — 06/03/13 — Anaconda Mining Inc. ("Anaconda" or "the Company") – (TSX: ANX) is pleased to announce that, on May 31, 2013, it made its final payment against the outstanding Convertible Loan, Series I Debentures and Series II Debentures (collectively, the "Loans"). The payment totaled $1,754,580 and comprised $1,649,280 in outstanding principal and $105,300 in interest. With this payment, the Company has repaid in full the Loans,
TORONTO, ONTARIO — (Marketwired) — 05/07/13 — Anaconda Mining Inc. ("Anaconda" or "the Company") – (TSX: ANX) is pleased to announce that it recently initiated two metallurgical test programs at its Pine Cove gold mine on the Baie Verte Peninsula, Newfoundland. A 200 kg sample from Pine Cove-s Romeo and Juliet zone along with a 200 kg sample from the main pit zone were shipped to RPC, where testing will be conducted, on May 1, 2013. Test results from the Romeo and Juliet
TORONTO, ONTARIO — (Marketwired) — 05/06/13 — Anaconda Mining Inc. ("Anaconda" or "the Company") – (TSX: ANX) is pleased to announce that the holders of the 8,179,838 warrants with a strike price of $0.08 exercised 3,053,020 warrants for gross proceeds of $244,242 while 5,126,818 warrants went unexercised. The Company no longer has any warrants outstanding. After the warrant exercise, the Company now has 179,878,964 basic shares outstanding and 12,090,000 options outstan
TORONTO, ONTARIO — (Marketwired) — 04/12/13 — Anaconda Mining Inc. ("Anaconda" or the "Company") – (TSX: ANX) is pleased to report its financial and operating results from the fiscal 2013 third quarter ended February 28, 2013. The Company generated net income for the three and nine months ended February 28, 2013 of $856,762 and $2,495,642 or $0.005 and $0.014 per basic and fully diluted share, respectively. Earnings before interest, taxes, depreciation, amortization and
TORONTO, ONTARIO — (Marketwired) — 04/04/13 — Anaconda Mining Inc. ("Anaconda" or "the Company") – (TSX: ANX) is pleased to report the results from the 1,000-tonne bulk sample that was extracted from the Romeo and Juliet prospect in late 2012. Five representative samples of crushed quartz, averaging 12.6 kg, were processed at Accurassay Laboratories in Thunder Bay by cyanide extraction (bottle roll testing). The weighted average assay of the five samples is 5.71 g/t gold
TORONTO, ONTARIO — (Marketwire) — 03/25/13 — Anaconda Mining Inc. ("Anaconda" or "the Company") – (TSX: ANX) is pleased to report additional drill results from its phase one diamond drilling program at its Pine Cove mine on the Baie Verte Peninsula, Newfoundland. Holes PC-13-202 and PC-13-203 both successfully intersected gold mineralization in the western extension area, the newly discovered mineralized area adjacent to the current pit, as reported in the press release
