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Anaconda intersects high grade gold zones in Nova Scotia

Stockhouse Editorial
0 Comments| April 19, 2018

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Anaconda Mining Inc. (TSX: T.ANX, OTC: ANXGD, Forum) on Thursday released more drilling results from the company’s Goldboro Project in Nova Scotia.

The latest results include assays from five drill holes (1,621 metres) of a 30-hole program that commenced in October 2017.

The drill holes targeted cross section 9100E near the centre of the Goldboro Deposit within both the East Goldbrook (EG) and Boston-Richardson (BR) Gold Systems.

“Within the BR Gold System, the drill program successfully intersected multiple wide, high-grade zones in areas not previously drilled, extended mineralization down-dip along known limbs and extended the depth of the BR Gold System by approximately 100 metres more than previously known in this section,’’ the company said.

“Close to surface, the drill program was also successful in extending eight mineralized zones in the EG Gold System westward by 50 metres,” it said in Thursday’s press release.

Highlights area as follows:

11.27 grams per tonne gold over 13.5 metres (201.0 to 214.5 metres) in hole BR-18-22, including 15.63 g/t over 1.4 metres and 44.33 g/t gold over 2.5 metres.

More information can be found here.

Anaconda Mining was in the news recently when it released a preliminary economic assessment for the Goldboro Project in Nova Scotia.

Full Disclosure: Anaconda Mining Inc. is a paid client of Stockhouse Publishing.

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