*****WHO DO YOU WANT TO OWN RCG****** Anaconda Mining Reaches Finals of Goldcorp's International #DisruptMining Event During #PDAC2019
TORONTO, Feb. 25, 2019 /CNW/ - Anaconda Mining Inc. ("Anaconda" or the "Company") – (TSX: ANX) (OTCQX: ANXGF) is pleased to announce that the Company has been selected as one of three finalists to pitch to the distinguished panel of judges at the Goldcorp #DisruptMining 2019 live finale, during PDAC 2019.
Allan Cramm, Anaconda's Vice President of Innovation & Development will present a new drilling approach that has the potential to unlock value in narrow vein gold deposits. The technology, known as Sustainable Mining by Drilling (SMD), was developed in collaboration with Memorial University of Newfoundland. SMD has the potential to economically mine deposit types that would not be profitable using traditional underground or surface mining methods. The developers also expect this technology could extend the life of current operations by allowing safe excavation to occur beyond the limits of current designs.
"Our new method to mine narrow vein gold deposits is a great example of how collaboration between industry and academia can lead to the creation of globally important technologies. Anaconda's innovative culture and longstanding mining experience combined with Memorial University's research prowess is the winning combination that has brought the SMD idea to fruition. To be one of the finalists in #DisruptMining puts our company and the province of Newfoundland and Labrador on the international stage of mining innovation."
~ Allan Cramm, Vice President Innovation & Development, Anaconda Mining Inc.
"#DisruptMining continues to represent the best of innovation in the mining industry. These finalists demonstrate break-through thinking and help build digital momentum in mining. The industry needs to help accelerate the development of these kinds of technologies. We're thrilled to welcome each of them to the #DisruptMining community and look forward to learning more about each of these applications."