RE:RE:RE:RE:RE:*****WHAT HAS RCG DONE FOR "US" TODAY*******
TORONTO, Feb. 26, 2019 /CNW/ - Anaconda Mining Inc. ("Anaconda" or the "Company") (TSX: ANX) (OTCQX: ANXGF) is pleased to provide an update on the development activities at its 100%-owned Goldboro Gold Project ("Goldboro" or the "Project") in Nova Scotia, Canada. Since publishing the Goldboro preliminary economic assessment (the "PEA") dated March 2, 2018 and updated on October 25, 2018, Anaconda has been executing a 10,000-tonne underground bulk sample (the "Bulk Sample"), advancing its evaluation of Goldboro to the feasibility study stage and permitting the Project. "Less than two years ago, we acquired the Goldboro Gold Project at a tremendous value. In that short period of time, we have produced a positive preliminary economic assessment, registered the project for permitting, completed mining a 10,000-tonne Bulk Sample, and increased the deposit to over 600,000 ounces of Measured and Indicated Resources and over 450,000 ounces of Inferred Resources. We look forward to continued progress in 2019 with the commencement of a feasibility study and the continuation of permitting, with the aim of obtaining the requisite permits to begin construction in 2020." ~ Dustin Angelo, President and CEO, Anaconda