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Found 51 results

  1. toddchaney

    I am planning to buy a gold ring for my wife on her birthday...but with the rising cost of gold I am unable to find a perfect ring in my budget. Are pawn shops good ? How reliable are they?
  2. As at September 30, 2019, the Company had working capital of $1.4 million, which included cash and cash equivalents of $7.0 million. The cash balance reflects the completion of a non-brokered private placement in July 2019 for net proceeds of $4.5 million. Overall current assets decreased from December 31, 2018 due to a lower inventory balance, particularly of gold-in-circuit, and lower HST receivable due to the timing of payables. Trade and other payables were down from year-end, primarily due to the ongoing payments of invoices relating to the underground bulk sample at Goldboro. Current taxes payable relate to Newfoundland mining taxes and reflect the estimated amount payable based on the first nine months of 2019. The increase in other current liabilities reflects the flow-through premium recognized as part of the non-brokered financing completed in July 2019, which included $2.6 million of flow-through financing.
  3. The Sleeping Giant mine is located 80 km north of Amos in north-western Quebec, Canada. It is accessible via road 109 that connects Amos to Matagami. This is a paved road and it passes less than 1 km from the mine site. Material and services are available at competitive prices. The mine was exploited from 1988 to 2014. It has been maintained dry since its temporary closing in 2014 and no infrastructure has been taken out or added. Currently, the Sleeping Giant mill treats ore from the Elder mine owned by Abcourt Mines Inc. and occasionally, some custom ore. The mill capacity is 700 to 750 tonnes per day. The activated carbon process is used to recover gold. Historically, the gold recovery on the Sleeping Giant ore, at that mill is 97.5%. The tailings pond complies with all governmental regulations and the dykes and the quality of water are checked every year by an external expert. The tailings pond has enough capacity to receive the tailings from Elder and those from the Sleeping Giant mine as indicated in section 16 of the technical report. The setting pond at the discharge of the tailings pond is used to treat the discharged water according to the rules and to control the quality of the water.
  4. Tarak Bekoudj

    For those willing to invest in gold or precious metals, here is the link of the best and most trusted company worldwide. Gold you can hold.😏 Don't miss this golden opportunity, just click the link and sign up. The best comes next. https://regalassets.com/request-free-gold-investment-kit?id=18637
  5. Abcourt Mines Inc. (TSX-V: ABI, Berlin: AML-BE and Frankfurt Stock Exchanges: AML-FF) (“Abcourt” or the “Mines Abcourt Inc.) announces that a technical report NI 43-101 entitled Feasibility Study on the Sleeping Giant Project was prepared by PRB Mining Services Inc. of Val- d’Or, Quebec, Canada. Here is a summary of this technical report(1): General and History The Sleeping Giant mine is located 80 km north of Amos in north-western Quebec, Canada. It is accessible via road 109 that connects Amos to Matagami. This is a paved road and it passes less than 1 km from the mine site. Material and services are available at competitive prices. The mine was exploited from 1988 to 2014. It has been maintained dry since its temporary closing in 2014 and no infrastructure has been taken out or added. Currently, the Sleeping Giant mill treats ore from the Elder mine owned by Abcourt Mines Inc. and occasionally, some custom ore. The mill capacity is 700 to 750 tonnes per day. The activated carbon process is used to recover gold. Historically, the gold recovery on the Sleeping Giant ore, at that mill is 97.5%. The tailings pond complies with all governmental regulations and the dykes and the quality of water are checked every year by an external expert. The tailings pond has enough capacity to receive the tailings from Elder and those from the Sleeping Giant mine as indicated in section 16 of the technical report. The setting pond at the discharge of the tailings pond is used to treat the discharged water according to the rules and to control the quality of the water. Geology and Mineralization The Sleeping Giant property is located in the central part of the north volcanic zone affected by major E-W and NW-SE corridors of deformation. The geological units in the mine area consist of basalt, andesite and volcano-sedimentary rocks. Mineralization is in disseminated sulfides, in veinlets or in small massive bands parallel to bedding. The best veins contain four types of sulfides: pyrite, pyrrhotite, chalcopyrite and sphalerite, which make up from 5 to 60% of the vein fillings. Beside gold, the veins contain silver and small amounts of copper and zinc.
  6. ANACONDA INFILLS AND EXTENDS THE GOLDBORO GOLD DEPOSIT, INTERSECTING 27.12 G/T GOLD OVER 2.5 METRES, 16.65 G/T GOLD OVER 2.0 METRES, 50.60 G/T GOLD OVER 1.0 METRE AND 102.43 G/T GOLD OVER 0.7 METRES TORONTO, ON – September 4, 2019 - Anaconda Mining Inc. ("Anaconda" or the "Company") (TSX: ANX) (OTCQX: ANXGF) is pleased to announce results from 18 diamond drill holes (BR-19-72 to BR-19-76 and BR-19-86 to BR-19-97 and BR-19-99) drilled in the East Goldbrook Gold System (“EG Gold System”) at the Goldboro Gold Project in Nova Scotia ("Goldboro"). The 4,391 metres of diamond drilling were part of a recently completed 5,734- metre diamond drill program announced on February 28, 2019 and were designed to infill portions of the EG Gold System (6 drill holes) to upgrade resource categorization (the “Infill Drill Program”) and to extend the EG Gold System (12 drill holes) east of the 2018 resource model limits at Section 9550E (the “Extension Drill Program”) (Exhibit A, B and C). Selected composited highlights from the recent Infill Drill Program include: • 50.60 g/t grams per tonne ("g/t") gold over 1.0 metre (246.0 to 247.0 metres) in hole BR-19-89; • 12.23 g/t gold over 2.0 metres (214.3 to 216.3 metres) in hole BR-19-89; • 6.03 g/t gold over 2.9 metres (200.7 to 203.6 metres) in hole BR-18-90; • 72.40 g/t gold over 0.6 metres (21.0 to 21.6 metres) in hole BR-18-87; and • 32.62 g/t gold over 0.9 metres (290.7 to 291.6 metres) in hole BR-18-87. Selected composited highlights from the recent Extension Drill Program include: • 27.12 g/t gold over 2.5 metres (51.3 to 53.8 metres) in hole BR-19-97 including 133.11 g/t gold over 0.5 metres; • 102.43 g/t gold over 0.7 metres (142.0 to 142.7 metres) in hole BR-19-86; • 16.65 g/t gold over 2.0 metres (167.5 to 169.5 metres) in hole BR-18-88 including 65.49 g/t gold over 0.5 metres; • 5.36 g/t gold over 2.2 metres (321.1 to 323.3 metres) in hole BR-18-75; and • 17.79 g/t gold over 0.5 metres (192.8 to 193.3 metres) in hole BR-18-74. "The Infill Drill Program successfully infilled specific portions of the EG Gold System that were identified for development in the 2018 Preliminary Economic Assessment and intersected gold mineralization with grade and widths consistent with those encountered during earlier drill programs. It is anticipated that the density of drilling will upgrade these areas of the resource to the Indicated category and will be able to be included in the upcoming mineral resource update. In addition to these results, the Extension Drill Program successfully demonstrated that the Goldboro Deposit continues eastward at least 375 metres beyond the previous geological modelling. These drill results will likewise be used to model the deposit eastward and will be included in a resource update. Anaconda has completed 15,837 metres of diamond drilling since July of 2018 which will be included in the new resource update and published in a Feasibility Study expected to be completed in the fourth quarter of 2019. " ~Kevin Bullock, CEO, Anaconda Mining Inc. The Infill Drill Program intersected high-grade, mineralized gold zones as predicted by the geological model and is expected to upgrade resource categorization in this area of the EG Gold System (Exhibit A and B), which was part of the mining scenario outlined in the Company’s 2018 Preliminary Economic Assessment. The Infill Drill Program also demonstrated the continuity of mineralization in the EG Gold System where it intersected 10 instances of visible gold. The Extension Drill Program extended the strike of the Goldboro Deposit eastward by 375 metres from the 2018 resource model limit (Exhibit A and C), encountering typical high-grade mineralization. In addition to extending the deposit strike, the Extension Drill Program identified 15 new mineralized zones in total and encountered 14 instances of visible gold. The EG Gold System now contains 26 separate mineralized zones (15 more than the 2018 resource model), has been tested to a known depth of 400 metres, and remains open for expansion. Anaconda also intersected strong concentrations of high-grade mineralization (e.g. 27.12 g/t gold over 2.5 metres in hole BR-19-97) contiguous with other high-grade gold intercepts previously reported on February 28, 2019, which included 25.07 g/t gold over 1.5 metres (Exhibit C). These intercepts are located approximately 150 metres up plunge from another high-grade result of 215.74 g/t gold over 3.65 metres as previously reported from historical drilling. These results indicate there may be high-grade chutes located along the south dipping limb of the host fold structure within the EG Gold System (Exhibit C), which are common in other areas of the Goldboro Deposit. Several of these intercepts are less than 75 metres from surface and will be evaluated for open-pit potential as part of the on-going feasibility study.
  7. Abcourt Mines Inc. (TSX-V: ABI, Berlin: AML-BE and Frankfurt Stock Exchanges: AML-FF) (“Abcourt” or the “Mines Abcourt Inc.) announces that a technical report NI 43-101 entitled Feasibility Study on the Sleeping Giant Project was prepared by PRB Mining Services Inc. of Val- d’Or, Quebec, Canada. Here is a summary of this technical report(1): General and History The Sleeping Giant mine is located 80 km north of Amos in north-western Quebec, Canada. It is accessible via road 109 that connects Amos to Matagami. This is a paved road and it passes less than 1 km from the mine site. Material and services are available at competitive prices. The mine was exploited from 1988 to 2014. It has been maintained dry since its temporary closing in 2014 and no infrastructure has been taken out or added. Currently, the Sleeping Giant mill treats ore from the Elder mine owned by Abcourt Mines Inc. and occasionally, some custom ore. The mill capacity is 700 to 750 tonnes per day. The activated carbon process is used to recover gold. Historically, the gold recovery on the Sleeping Giant ore, at that mill is 97.5%. The tailings pond complies with all governmental regulations and the dykes and the quality of water are checked every year by an external expert. The tailings pond has enough capacity to receive the tailings from Elder and those from the Sleeping Giant mine as indicated in section 16 of the technical report. The setting pond at the discharge of the tailings pond is used to treat the discharged water according to the rules and to control the quality of the water.
  8. TORONTO, ON – September 4, 2019 - Anaconda Mining Inc. ("Anaconda" or the "Company") (TSX: ANX) (OTCQX: ANXGF) is pleased to announce results from 18 diamond drill holes (BR-19-72 to BR-19-76 and BR-19-86 to BR-19-97 and BR-19-99) drilled in the East Goldbrook Gold System (“EG Gold System”) at the Goldboro Gold Project in Nova Scotia ("Goldboro"). The 4,391 metres of diamond drilling were part of a recently completed 5,734- metre diamond drill program announced on February 28, 2019 and were designed to infill portions of the EG Gold System (6 drill holes) to upgrade resource categorization (the “Infill Drill Program”) and to extend the EG Gold System (12 drill holes) east of the 2018 resource model limits at Section 9550E (the “Extension Drill Program”) (Exhibit A, B and C). Selected composited highlights from the recent Infill Drill Program include: • 50.60 g/t grams per tonne ("g/t") gold over 1.0 metre (246.0 to 247.0 metres) in hole BR-19-89; • 12.23 g/t gold over 2.0 metres (214.3 to 216.3 metres) in hole BR-19-89; • 6.03 g/t gold over 2.9 metres (200.7 to 203.6 metres) in hole BR-18-90; • 72.40 g/t gold over 0.6 metres (21.0 to 21.6 metres) in hole BR-18-87; and • 32.62 g/t gold over 0.9 metres (290.7 to 291.6 metres) in hole BR-18-87. Selected composited highlights from the recent Extension Drill Program include: • 27.12 g/t gold over 2.5 metres (51.3 to 53.8 metres) in hole BR-19-97 including 133.11 g/t gold over 0.5 metres; • 102.43 g/t gold over 0.7 metres (142.0 to 142.7 metres) in hole BR-19-86; • 16.65 g/t gold over 2.0 metres (167.5 to 169.5 metres) in hole BR-18-88 including 65.49 g/t gold over 0.5 metres; • 5.36 g/t gold over 2.2 metres (321.1 to 323.3 metres) in hole BR-18-75; and • 17.79 g/t gold over 0.5 metres (192.8 to 193.3 metres) in hole BR-18-74. "The Infill Drill Program successfully infilled specific portions of the EG Gold System that were identified for development in the 2018 Preliminary Economic Assessment and intersected gold mineralization with grade and widths consistent with those encountered during earlier drill programs. It is anticipated that the density of drilling will upgrade these areas of the resource to the Indicated category and will be able to be included in the upcoming mineral resource update. In addition to these results, the Extension Drill Program successfully demonstrated that the Goldboro Deposit continues eastward at least 375 metres beyond the previous geological modelling. These drill results will likewise be used to model the deposit eastward and will be included in a resource update. Anaconda has completed 15,837 metres of diamond drilling since July of 2018 which will be included in the new resource update and published in a Feasibility Study expected to be completed in the fourth quarter of 2019. "
  9. Abcourt Mines Inc. (TSX-V: ABI, Berlin: AML-BE and Frankfurt Stock Exchanges: AML-FF) (“Abcourt” or the “Mines Abcourt Inc.) announces that a technical report NI 43-101 entitled Feasibility Study on the Sleeping Giant Project was prepared by PRB Mining Services Inc. of Val- d’Or, Quebec, Canada. Here is a summary of this technical report(1): General and History The Sleeping Giant mine is located 80 km north of Amos in north-western Quebec, Canada. It is accessible via road 109 that connects Amos to Matagami. This is a paved road and it passes less than 1 km from the mine site. Material and services are available at competitive prices. The mine was exploited from 1988 to 2014. It has been maintained dry since its temporary closing in 2014 and no infrastructure has been taken out or added. Currently, the Sleeping Giant mill treats ore from the Elder mine owned by Abcourt Mines Inc. and occasionally, some custom ore. The mill capacity is 700 to 750 tonnes per day. The activated carbon process is used to recover gold. Historically, the gold recovery on the Sleeping Giant ore, at that mill is 97.5%. The tailings pond complies with all governmental regulations and the dykes and the quality of water are checked every year by an external expert. The tailings pond has enough capacity to receive the tailings from Elder and those from the Sleeping Giant mine as indicated in section 16 of the technical report. The setting pond at the discharge of the tailings pond is used to treat the discharged water according to the rules and to control the quality of the water.
  10. TORONTO, ON – September 5, 2019 - Anaconda Mining Inc. ("Anaconda" or the "Company") (TSX: ANX) (OTCQX: ANXGF) is pleased to provide an update on the Tilt Cove Gold Project (“Tilt Cove”), located within the Baie Verte Mining District in Newfoundland, approximately 45 kilometres by road from the Company’s Pine Cove Mill (Exhibit A). Tilt Cove is a large land package along the same geological trend as the past producing, high-grade Nugget Pond Mine, which had an average recovered grade of 9.85 g/t gold. Tilt Cove covers a 20-kilometre strike extent of the Betts Cove Complex, a highly prospective geological terrane including the Nugget Pond Horizon, the ironstone unit that hosts the Nugget Pond Mine (Exhibit A). The Company currently plans to drill 4,000 metres of diamond drilling starting in the fourth quarter of 2019. Since the Company announced the expansion of its footprint at Tilt Cove on May 9, 2019, key geological characteristics of the Nugget Pond Mine have been identified and used to guide a work program focused on providing the specific data required to evaluate and prioritize exploration targets. The Tilt Cove work program to date includes the following milestones: • Identified 12 exploration targets based on historical exploration data (Exhibit A); • Collected 569 prospecting rock samples and 2,192 soil samples; • Initiated a detailed drone-magnetic survey (455-line km) over the Nugget Pond Horizon; • Completed a LiDAR survey over the entire project area (196 km2 ); • Conducted a review of available drill core and relogged 13 diamond drill holes from the Nugget Pond deposit; • Received all required exploration and drilling permits; and • Expanded the prospective Tilt Cove land position to 6,075 hectares. Upon receipt of all prospecting and soil sample assays and geophysical data sets early in Q4 2019, Anaconda will conduct a full evaluation of all available data to determine the highest priority targets prior to drilling. “We have identified twelve exploration targets to date and have located more prospective areas based on our geological mapping and prospecting. We will continue with our data acquisition which, in combination with historical data will allow us to fully evaluate and prioritize exploration targets and develop specific drill targets. Given the history of past production at the high-grade Nugget Pond Mine, our large land position in this highly prospective area and proximity to our operating Pine Cove mill and tailings facilities, we believe we are in a unique position to make the next high- grade gold discovery in the prolific Baie Verte Mining District.” ~ Kevin Bullock, Chief Executive Officer, Anaconda Mining Inc.
  11. ANACONDA INFILLS AND EXTENDS THE GOLDBORO GOLD DEPOSIT, INTERSECTING 27.12 G/T GOLD OVER 2.5 METRES, 16.65 G/T GOLD OVER 2.0 METRES, 50.60 G/T GOLD OVER 1.0 METRE AND 102.43 G/T GOLD OVER 0.7 METRES TORONTO, ON – September 4, 2019 - Anaconda Mining Inc. ("Anaconda" or the "Company") (TSX: ANX) (OTCQX: ANXGF) is pleased to announce results from 18 diamond drill holes (BR-19-72 to BR-19-76 and BR-19-86 to BR-19-97 and BR-19-99) drilled in the East Goldbrook Gold System (“EG Gold System”) at the Goldboro Gold Project in Nova Scotia ("Goldboro"). The 4,391 metres of diamond drilling were part of a recently completed 5,734- metre diamond drill program announced on February 28, 2019 and were designed to infill portions of the EG Gold System (6 drill holes) to upgrade resource categorization (the “Infill Drill Program”) and to extend the EG Gold System (12 drill holes) east of the 2018 resource model limits at Section 9550E (the “Extension Drill Program”) (Exhibit A, B and C). Selected composited highlights from the recent Infill Drill Program include: • 50.60 g/t grams per tonne ("g/t") gold over 1.0 metre (246.0 to 247.0 metres) in hole BR-19-89; • 12.23 g/t gold over 2.0 metres (214.3 to 216.3 metres) in hole BR-19-89; • 6.03 g/t gold over 2.9 metres (200.7 to 203.6 metres) in hole BR-18-90; • 72.40 g/t gold over 0.6 metres (21.0 to 21.6 metres) in hole BR-18-87; and • 32.62 g/t gold over 0.9 metres (290.7 to 291.6 metres) in hole BR-18-87. Selected composited highlights from the recent Extension Drill Program include: • 27.12 g/t gold over 2.5 metres (51.3 to 53.8 metres) in hole BR-19-97 including 133.11 g/t gold over 0.5 metres; • 102.43 g/t gold over 0.7 metres (142.0 to 142.7 metres) in hole BR-19-86; • 16.65 g/t gold over 2.0 metres (167.5 to 169.5 metres) in hole BR-18-88 including 65.49 g/t gold over 0.5 metres; • 5.36 g/t gold over 2.2 metres (321.1 to 323.3 metres) in hole BR-18-75; and • 17.79 g/t gold over 0.5 metres (192.8 to 193.3 metres) in hole BR-18-74. "The Infill Drill Program successfully infilled specific portions of the EG Gold System that were identified for development in the 2018 Preliminary Economic Assessment and intersected gold mineralization with grade and widths consistent with those encountered during earlier drill programs. It is anticipated that the density of drilling will upgrade these areas of the resource to the Indicated category and will be able to be included in the upcoming mineral resource update. In addition to these results, the Extension Drill Program successfully demonstrated that the Goldboro Deposit continues eastward at least 375 metres beyond the previous geological modelling. These drill results will likewise be used to model the deposit eastward and will be included in a resource update. Anaconda has completed 15,837 metres of diamond drilling since July of 2018 which will be included in the new resource update and published in a Feasibility Study expected to be completed in the fourth quarter of 2019. " ~Kevin Bullock, CEO, Anaconda Mining Inc. The Infill Drill Program intersected high-grade, mineralized gold zones as predicted by the geological model and is expected to upgrade resource categorization in this area of the EG Gold System (Exhibit A and B), which was part of the mining scenario outlined in the Company’s 2018 Preliminary Economic Assessment. The Infill Drill Program also demonstrated the continuity of mineralization in the EG Gold System where it intersected 10 instances of visible gold. The Extension Drill Program extended the strike of the Goldboro Deposit eastward by 375 metres from the 2018 resource model limit (Exhibit A and C), encountering typical high-grade mineralization. In addition to extending the deposit strike, the Extension Drill Program identified 15 new mineralized zones in total and encountered 14 instances of visible gold. The EG Gold System now contains 26 separate mineralized zones (15 more than the 2018 resource model), has been tested to a known depth of 400 metres, and remains open for expansion. Anaconda also intersected strong concentrations of high-grade mineralization (e.g. 27.12 g/t gold over 2.5 metres in hole BR-19-97) contiguous with other high-grade gold intercepts previously reported on February 28, 2019, which included 25.07 g/t gold over 1.5 metres (Exhibit C). These intercepts are located approximately 150 metres up plunge from another high-grade result of 215.74 g/t gold over 3.65 metres as previously reported from historical drilling. These results indicate there may be high-grade chutes located along the south dipping limb of the host fold structure within the EG Gold System (Exhibit C), which are common in other areas of the Goldboro Deposit. Several of these intercepts are less than 75 metres from surface and will be evaluated for open-pit potential as part of the on-going feasibility study. Selected composited highlights from historic and previously reported drill results in the immediate area of the Infill and Extension Drill Programs include: • 215.74 g/t gold over 3.65 metres (193.85 to 197.50 metres) in hole OSK-11-04, including 1570.00 g/t gold over 0.5 metres • 137.77 g/t gold over 1.50 metres (117.00 to 118.50 metres) in hole OSK-11-02, including 412.00 over 0.50 metres • 252.76 g/t gold over 0.4 metres (76.6 to 77.0 metres) in hole BR-18-15; • 23.24 g/t gold over 2.5 metres (21.5 to 24.0 metres) in hole BR-18-28; • 7.12 g/t gold over 4.5 metres (193.5 to 198.0 metres) in hole BR18-29; • 25.31 g/t gold over 1.0 metre (62.0 to 63.0 metres) in hole BR-18-18; and • 12.87 g/t gold over 2.0 metres (130.6 to 132.6 metres) in hole BR-18-18.
  12. Abcourt Mines Inc. (TSX-V: ABI, Berlin: AML-BE and Frankfurt Stock Exchanges: AML-FF) (“Abcourt” or the “Mines Abcourt Inc.) announces that a technical report NI 43-101 entitled Feasibility Study on the Sleeping Giant Project was prepared by PRB Mining Services Inc. of Val- d’Or, Quebec, Canada. Here is a summary of this technical report(1): General and History The Sleeping Giant mine is located 80 km north of Amos in north-western Quebec, Canada. It is accessible via road 109 that connects Amos to Matagami. This is a paved road and it passes less than 1 km from the mine site. Material and services are available at competitive prices. The mine was exploited from 1988 to 2014. It has been maintained dry since its temporary closing in 2014 and no infrastructure has been taken out or added. Currently, the Sleeping Giant mill treats ore from the Elder mine owned by Abcourt Mines Inc. and occasionally, some custom ore. The mill capacity is 700 to 750 tonnes per day. The activated carbon process is used to recover gold. Historically, the gold recovery on the Sleeping Giant ore, at that mill is 97.5%. The tailings pond complies with all governmental regulations and the dykes and the quality of water are checked every year by an external expert. The tailings pond has enough capacity to receive the tailings from Elder and those from the Sleeping Giant mine as indicated in section 16 of the technical report. The setting pond at the discharge of the tailings pond is used to treat the discharged water according to the rules and to control the quality of the water. Geology and Mineralization The Sleeping Giant property is located in the central part of the north volcanic zone affected by major E-W and NW-SE corridors of deformation. The geological units in the mine area consist of basalt, andesite and volcano-sedimentary rocks. Mineralization is in disseminated sulfides, in veinlets or in small massive bands parallel to bedding. The best veins contain four types of sulfides: pyrite, pyrrhotite, chalcopyrite and sphalerite, which make up from 5 to 60% of the vein fillings. Beside gold, the veins contain silver and small amounts of copper and zinc.
  13. TAJ UDDIN AHAMED

    Gold is the ideal hedge versus unpredictability. Historically, the primary reason to buy gold is to protect value, especially as the national currency devalues or diminishes. Thus, gold financial investments are a hedge against a depreciating currency. Unlike other metals, gold is generally produced for build-up. In contrast, metals such as platinum and silver are typically provided for commercial purposes. Gold is a store of worth. In the past, gold was straight utilized as money. Why invest in Gold? Here are the top reasons: Instead, as a physical property, gold is a safe hedge. In times of economic and social instability, the higher the level of global uncertainty and absence of confidence, the more likely gold will outshine other financial investments. Gold is a dollar-based asset. Since you purchase and sell gold with United States dollars, the more the United States dollar diminishes, the higher the rate of gold. Third, the trend of increasing inflation. The price of gold is highly associated with the level of inflation. The higher the level of inflation, the higher the cost of gold. Therefore, capital gains from your gold financial investments will help balance out the results of inflation. There are lots of signs to suggest the start of higher inflation in the United States: America's ballooning trade deficit, lower rates of interest, rising oil costs, devaluation of the dollar. Gold rates are highly associated with oil prices and indeed tend to lag oil costs. Finally, for asset allowance functions. Gold is an excellent method to diversify your possessions, as it is often negatively associated with equities and bonds. The entire possession allowance includes developing a mix of properties that have low to unfavorable connection with one another. Instead, as a physical asset, gold is a safe hedge. Given that you buy and sell gold with United States dollars, the more the US dollar diminishes, the higher the price of gold. The amount of gold is highly correlated with the level of inflation. The higher the level of inflation, the higher the rate of gold. Gold is an outstanding method to diversify your properties, as it is often adversely associated with equities and bonds.
  14. "Anaconda is off to a good start in 2019 with over 5,200 ounces of gold sold and the mining operations at its Point Rousse Project achieving strong results at the Stog'er Tight Mine, where we achieved higher than planned ore tonnes and established a robust ore stockpile of over 30,000 tonnes to end the quarter. The delay in the shipment of trunnion liners and unplanned maintenance for the regrind mill at the Pine Cove Mill, combined with the planned maintenance on the primary ball mill, impacted mill availability in March, and the Company took the opportunity to advance various maintenance programs and make other mechanical improvements in the mill. While the resulting lower throughput rate marginally impacted quarterly gold production from a timing perspective we have greatly improved asset reliability and efficiency going forward. The Pine Cove Mill was back running during the first week of April and the Company continues on track to produce and sell between 19,000 and 20,000 ounces of gold from its Point Rousse Project in 2019."
  15. Abcourt Mines Inc. is a gold producer and a Canadian exploration company with strategically located properties in northwestern Quebec, Canada. The Elder property has gold resources (2018) and a positive P.E.A. study (2012). Abcourt is focusing on the exploitation of the Elder mine. The Abcourt-Barvue property has silver-zinc reserves (2014). A feasibility study was completed in 2007 by Roche / Genivar. A 43-101 update was completed in January 2019. A total of 8.07 M tonnes of proven and probable reserves with a grade of 51.79 g/t of silver and 2.83% of zinc are available to be mined. The portion mineable by open pit is 81.6% and the portion mineable underground is 18.4%. Inferred resources are 2.07 M tonnes with a grade of 114.16 g/t of silver and 2.89% zinc. In 2016, Abcourt acquired the Sleeping Giant mine and mill, located half-way between Amos and Matagami, in Abitibi, Quebec, in the territory covered by the Plan Nord of the Quebec government. The mill has a capacity of 700 to 750 tonnes per day. A NI 43-101 resource estimate was filed in May 2019. A positive 43-101 feasibility study was completed recently by PRB Mining Services Inc. The mineral reserves are 10,900 tonnes in the proven category with a grade of 12.20 g/t of gold and 475,625 tonnes in the probable category with a grade of 11.85 g/t of gold. The inferred resources are 93,100 tonnes with a grade of 11.85 g/t of gold. To know more about Abcourt Mines Inc. (TSXV: ABI), please visit our web site at www.abcourt.com and consult our filings under Abcourt’s profile on www.sedar.com. This press release was prepared by Mr. Renaud Hinse, Engineer and President of Abcourt Mines Inc. Mr. Hinse is a “Qualified Persons” under the terms of Regulation 43-101. Mr. Hinse has approved the scientific and technical disclosure.
  16. Anaconda sold 5,251 ounces of gold during the first quarter of 2019, generating gold revenue of $8.8 million at an average realized gold price1 of $1,671 per ounce sold. The 16% increase in gold sold over Q1 2018 was due to ounces in gold doré inventory from year-end being sold in January. Gold production of 4,176 ounces was 3% lower than Q1 2018, largely from the impact of lower mill availability due to planned maintenance on the main ball mill and unplanned maintenance for the regrind mill due to delayed shipment of trunnion liners, and the consequent decision to accelerate other maintenance programs (see details below). The Pine Cove Mill returned to operation during the first week of April. While the lower availability and the resulting throughput rate impacted quarterly production from a timing perspective, the Company was able to minimize gold recovery losses and greatly improve asset reliability and efficiency going forward. Further, mining operations continued during this period and the operation has established a robust stockpile of over 30,600 tonnes as at quarter-end. The Company remains on track to produce and sell between 19,000 and 20,000 ounces of gold from continued mining at Stog'er Tight and pushbacks to the Pine Cove Pit, and the commencement of mining at Argyle in the second half of the year. While the final mining permits for Argyle are pending, the Company continues to finalize a mineral resource update and mine planning, which will incorporate the additional drilling completed since the last Mineral Resource Estimate as well as ongoing infill drilling. Mill throughput will be maintained throughout the year with marginal ore stockpiles available to supplement mill feed, although the Company continues to investigate opportunities to defer processing marginal ore. 1 Refer to Non-IFRS Measures Section below. Point Rousse Mill Operations – The Pine Cove Mill processed 79,758 tonnes during Q1 2019, down 27% compared to the first quarter of 2018 due to lower mill availability from a combination of the planned maintenance on the main ball mill with routine replacement of the mill liners, lifters and trunnions and delayed shipment of trunnion liners and unplanned maintenance on the head of the regrind mill. The failure of the regrind mill also impacted the throughput rate during the quarter, in addition to adverse weather conditions in the earlier part of the quarter impeding the rate of crushing. When the regrind mill was taken off-line, a back-up stirred media detritor ("SMD") system was initiated to maintain a certain level of throughput, however it was noted that the system was not able to maintain the optimal grind size and leach capabilities, leading to recovery losses. To minimize any loss of gold production, the mill temporarily ceased operations to allow for the completion of rebuild of the regrind mill head and to opportunistically complete many significant maintenance programs, including the replacement of the trunnion liners and a full lifter and liner change on the primary ball mill, the repair of the electric motor on the primary ball mill, repairs to the screen box in the crushing circuit, and the replacement of valves and piping in the flotation circuit. Average grade during Q1 2019 was 1.92 g/t, a 33% increase over the first quarter of 2018, and consistent with the fourth quarter of 2018 when Stog'er Tight became the main ore feed to the Pine Cove Mill. The mill achieved an average recovery rate of 84.8%, resulting in gold production of 4,176 ounces for the first quarter of 2019. The average recovery rate decreased compared to both Q1 2018 and the fourth quarter of 2018, as leach recoveries were impacted by the absence of the regrind mill in March, and the back-up SMD system was not able to maintain the optimal grind size. In February, when ore feed was predominantly from Stog'er Tight and the regrind mill was on-line, the mill achieved an average recovery of 88.5%. Point Rousse Mine Operations – During the first quarter of 2019, the mine operations produced 77,367 tonnes of ore from the Stog'er Tight Mine. Mine operations also included 45,120 tonnes of waste from pushbacks at the Pine Cove Pit, where development activity is ongoing in preparation for mining in the second quarter. Ore tonnes for the quarter were higher than expected, with production results demonstrating a positive variance against the block model underlying the mine plan. As at March 31, 2019, the operation had stockpiled over 30,600 tonnes of ore with an estimated average grade of 1.73 g/t.
  17. Abcourt Mines Inc. is a gold producer and a Canadian exploration company with strategically located properties in northwestern Quebec, Canada. The Elder property has gold resources (2018) and a positive P.E.A. study (2012). Abcourt is focusing on the exploitation of the Elder mine. The Abcourt-Barvue property has silver-zinc reserves (2014). A feasibility study was completed in 2007 by Roche / Genivar. A 43-101 update was completed in January 2019. A total of 8.07 M tonnes of proven and probable reserves with a grade of 51.79 g/t of silver and 2.83% of zinc are available to be mined. The portion mineable by open pit is 81.6% and the portion mineable underground is 18.4%. Inferred resources are 2.07 M tonnes with a grade of 114.16 g/t of silver and 2.89% zinc. In 2016, Abcourt acquired the Sleeping Giant mine and mill, located half-way between Amos and Matagami, in Abitibi, Quebec, in the territory covered by the Plan Nord of the Quebec government. The mill has a capacity of 700 to 750 tonnes per day. A NI 43-101 resource estimate was filed in May 2019. A positive 43-101 feasibility study was completed recently by PRB Mining Services Inc. The mineral reserves are 10,900 tonnes in the proven category with a grade of 12.20 g/t of gold and 475,625 tonnes in the probable category with a grade of 11.85 g/t of gold. The inferred resources are 93,100 tonnes with a grade of 11.85 g/t of gold. To know more about Abcourt Mines Inc. (TSXV: ABI), please visit our web site at www.abcourt.com and consult our filings under Abcourt’s profile on www.sedar.com. This press release was prepared by Mr. Renaud Hinse, Engineer and President of Abcourt Mines Inc. Mr. Hinse is a “Qualified Persons” under the terms of Regulation 43-101. Mr. Hinse has approved the scientific and technical disclosure.
  18. Anaconda Mining Sells 5,251 Ounces of Gold In Q1 2019, Generating $8.8m in Revenue TORONTO, April 11, 2019 /CNW/ - Anaconda Mining Inc. ("Anaconda" or the "Company") (TSX: ANX) (OTCQX: ANXGF) is pleased to announce production results and certain financial information from the three months ended March 31, 2019 ("Q1 2019"). All dollar amounts are in Canadian Dollars. The Company expects to file its first quarter financial statements and management discussion and analysis by May 2, 2019. First Quarter 2019 Highlights • Anaconda sold 5,251 ounces of gold in Q1 2019, a 16% increase over Q1 2018, generating gold revenue of $8.8 million at an average realized gold price of $1,671 per ounce sold1. The Company also had 749 ounces in gold doré bars in inventory at March 31, 2019, which were sold in early April. • The Company produced 77,367 tonnes of ore during the first quarter from mining at the Stog'er Tight Mine. Material moved also included 45,120 tonnes of waste development for a planned pushback of the Pine Cove Pit in anticipation of mining ore in the second quarter. • The Company ended the first quarter with stockpile of over 30,600 tonnes of ore at an estimated average grade of 1.73 grams per tonne ("g/t"). • The Pine Cove Mill processed 79,758 tonnes during Q1 2019, a 27% reduction compared to Q1 2018 due to lower mill availability resulting from planned maintenance activities on the main ball mill, unplanned maintenance of the regrind mill, and the decision to accelerate other maintenance programs to minimize future down time. The regrind mill was back in operation during the first week of April and the Company expects normal mill operations for the remainder of the year. • In February 2019, the Company announced the results of a 3,434-metre drill program that began in November 2018, which included drilling around the Pine Cove and Stog'er Tight mines, successfully infilling and extending mineralization near the margins of the existing pit outlines at both sites. • The Company continues infill drilling at the Argyle Deposit, with the initial 525 metres in the western portion of the deposit intersecting approximately the same thickness of previous drilling in this area but with approximately 25% higher grades. • In March 2019, the Company executed a $5 million term loan with the Royal Bank of Canada ("RBC") with a two-year term and 4.6% interest rate, to provide enhanced financial flexibility and to complete all pre-construction activity at its 100%-owned Goldboro Gold Project in Nova Scotia ("Goldboro"). • As at March 31, 2019, the Company had a cash balance of $10.7 million, preliminary working capital1 of $4.3 million, and additional available liquidity of $1,000,000 from an undrawn revolving line of credit facility.
  19. Abcourt Mines Inc. (TSX-V: ABI, Berlin: AML-BE and Frankfurt Stock Exchanges: AML-FF) (“Abcourt” or the “Mines Abcourt inc.) announces the results of a surface drilling program completed in the Fall of 2018. Twenty-one holes totaling 4,835 meters were drilled on different properties. Several good values were obtained. See below: Discovery Project: The property covers the Cameron deformation corridor in the western extension of the Flordin property held 100% by Abcourt and the Cameron Shear, held 50% by Jien Canada Mining Ltd and 50% by Abcourt Mines inc., as Mines Aurbec inc. had earned 50% in this property before going bankrupt. Abcourt purchased all the assets of Mines Aurbec inc., including its interest in the Cameron Shear property. The objective of the 2018 drilling program was to outline extensions to some of the best gold intersections obtained in the NAP Québec drilling campaigns of 2010 and 2011. Twelve (12) NQ holes, for a total of 2,757 meters were drilled between sections 400W and 1470E, covering zones “B” and “30”. The Discovery property is located 35 km to the north-west of the Lebel-sur-Quévillon municipality, Quebec, Canada. It is located on the SNRC 32F/06 map and straddle the Desjardins and Bruneau townships border line. The property is located on the Lac Simon Algonquin land of category III. It is owned 100% by Mines Abcourt Inc. It consists in 83 mining titles (CDC) totaling 4,165.7 hectares. Several drilling programs were done and mineral resources were calculated in the past, but as several additional holes were drilled after the calculation of resources, Abcourt does not believe that these resources are suitable for disclosure
  20. Abcourt Mines Inc. (TSX-V: ABI, Berlin: AML-BE and Frankfurt Stock Exchanges: AML-FF) (“Abcourt” or the “Mines Abcourt inc.) announces the results of a surface drilling program completed in the Fall of 2018. Twenty-one holes totaling 4,835 meters were drilled on different properties. Several good values were obtained. See below: Discovery Project: The property covers the Cameron deformation corridor in the western extension of the Flordin property held 100% by Abcourt and the Cameron Shear, held 50% by Jien Canada Mining Ltd and 50% by Abcourt Mines inc., as Mines Aurbec inc. had earned 50% in this property before going bankrupt. Abcourt purchased all the assets of Mines Aurbec inc., including its interest in the Cameron Shear property. The objective of the 2018 drilling program was to outline extensions to some of the best gold intersections obtained in the NAP Québec drilling campaigns of 2010 and 2011. Twelve (12) NQ holes, for a total of 2,757 meters were drilled between sections 400W and 1470E, covering zones “B” and “30”. The Discovery property is located 35 km to the north-west of the Lebel-sur-Quévillon municipality, Quebec, Canada. It is located on the SNRC 32F/06 map and straddle the Desjardins and Bruneau townships border line. The property is located on the Lac Simon Algonquin land of category III. It is owned 100% by Mines Abcourt Inc. It consists in 83 mining titles (CDC) totaling 4,165.7 hectares. Several drilling programs were done and mineral resources were calculated in the past, but as several additional holes were drilled after the calculation of resources, Abcourt does not believe that these resources are suitable for disclosure The table below shows the best results obtained in the 2018 drilling campaign. The length of the intersections in the core do not represent the true width of the zone. The true width of veins is about half the core length. These intersections are not all connected with zone B. Some may be in parallel zones.
  21. Anaconda Mining Sells 5,251 Ounces of Gold In Q1 2019, Generating $8.8m in Revenue TORONTO, April 11, 2019 /CNW/ - Anaconda Mining Inc. ("Anaconda" or the "Company") (TSX: ANX) (OTCQX: ANXGF) is pleased to announce production results and certain financial information from the three months ended March 31, 2019 ("Q1 2019"). All dollar amounts are in Canadian Dollars. The Company expects to file its first quarter financial statements and management discussion and analysis by May 2, 2019. First Quarter 2019 Highlights • Anaconda sold 5,251 ounces of gold in Q1 2019, a 16% increase over Q1 2018, generating gold revenue of $8.8 million at an average realized gold price of $1,671 per ounce sold1. The Company also had 749 ounces in gold doré bars in inventory at March 31, 2019, which were sold in early April. • The Company produced 77,367 tonnes of ore during the first quarter from mining at the Stog'er Tight Mine. Material moved also included 45,120 tonnes of waste development for a planned pushback of the Pine Cove Pit in anticipation of mining ore in the second quarter. • The Company ended the first quarter with stockpile of over 30,600 tonnes of ore at an estimated average grade of 1.73 grams per tonne ("g/t"). • The Pine Cove Mill processed 79,758 tonnes during Q1 2019, a 27% reduction compared to Q1 2018 due to lower mill availability resulting from planned maintenance activities on the main ball mill, unplanned maintenance of the regrind mill, and the decision to accelerate other maintenance programs to minimize future down time. The regrind mill was back in operation during the first week of April and the Company expects normal mill operations for the remainder of the year. • In February 2019, the Company announced the results of a 3,434-metre drill program that began in November 2018, which included drilling around the Pine Cove and Stog'er Tight mines, successfully infilling and extending mineralization near the margins of the existing pit outlines at both sites. • The Company continues infill drilling at the Argyle Deposit, with the initial 525 metres in the western portion of the deposit intersecting approximately the same thickness of previous drilling in this area but with approximately 25% higher grades. • In March 2019, the Company executed a $5 million term loan with the Royal Bank of Canada ("RBC") with a two-year term and 4.6% interest rate, to provide enhanced financial flexibility and to complete all pre-construction activity at its 100%-owned Goldboro Gold Project in Nova Scotia ("Goldboro"). • As at March 31, 2019, the Company had a cash balance of $10.7 million, preliminary working capital1 of $4.3 million, and additional available liquidity of $1,000,000 from an undrawn revolving line of credit facility.
  22. ABOUT ABCOURT MINES INC. Abcourt Mines Inc. is a gold producer and a Canadian exploration company with strategically located properties in northwestern Quebec, Canada. The Elder property has gold resources (2018) and a positive P.E.A. study (2012). Abcourt is focusing on the exploitation of the Elder mine. The Abcourt-Barvue property has silver–zinc resources (2014). A feasibility study was completed in 2007 by Roche / Genivar. An update is being prepared now. In 2016, Abcourt acquired the Sleeping Giant mine and mill, located half-way between Amos and Matagami, in Abitibi, Quebec, in the territory covered by the Plan Nord of the Quebec government. The mill has a capacity of 700 to 750 tonnes per day. A NI 43-101 resource estimate was recently filed. To know more about Abcourt Mines Inc. (TSXV: ABI), please visit our web site at www.abcourt.com and consult our filings under Abcourt’s profile on www.sedar.com. This press release was prepared by Mr. Renaud Hinse, Engineer and President of Abcourt Mines Inc. Mr. Hinse is a “Qualified Persons” under the terms of Regulation 43- 101. Mr. Hinse has approved the scientific and technical disclosure.
  23. Anaconda Mining Sells 5,251 Ounces of Gold In Q1 2019, Generating $8.8m in Revenue TORONTO, April 11, 2019 /CNW/ - Anaconda Mining Inc. ("Anaconda" or the "Company") (TSX: ANX) (OTCQX: ANXGF) is pleased to announce production results and certain financial information from the three months ended March 31, 2019 ("Q1 2019"). All dollar amounts are in Canadian Dollars. The Company expects to file its first quarter financial statements and management discussion and analysis by May 2, 2019. First Quarter 2019 Highlights • Anaconda sold 5,251 ounces of gold in Q1 2019, a 16% increase over Q1 2018, generating gold revenue of $8.8 million at an average realized gold price of $1,671 per ounce sold1. The Company also had 749 ounces in gold doré bars in inventory at March 31, 2019, which were sold in early April. • The Company produced 77,367 tonnes of ore during the first quarter from mining at the Stog'er Tight Mine. Material moved also included 45,120 tonnes of waste development for a planned pushback of the Pine Cove Pit in anticipation of mining ore in the second quarter. • The Company ended the first quarter with stockpile of over 30,600 tonnes of ore at an estimated average grade of 1.73 grams per tonne ("g/t"). • The Pine Cove Mill processed 79,758 tonnes during Q1 2019, a 27% reduction compared to Q1 2018 due to lower mill availability resulting from planned maintenance activities on the main ball mill, unplanned maintenance of the regrind mill, and the decision to accelerate other maintenance programs to minimize future down time. The regrind mill was back in operation during the first week of April and the Company expects normal mill operations for the remainder of the year. • In February 2019, the Company announced the results of a 3,434-metre drill program that began in November 2018, which included drilling around the Pine Cove and Stog'er Tight mines, successfully infilling and extending mineralization near the margins of the existing pit outlines at both sites. • The Company continues infill drilling at the Argyle Deposit, with the initial 525 metres in the western portion of the deposit intersecting approximately the same thickness of previous drilling in this area but with approximately 25% higher grades. • In March 2019, the Company executed a $5 million term loan with the Royal Bank of Canada ("RBC") with a two-year term and 4.6% interest rate, to provide enhanced financial flexibility and to complete all pre-construction activity at its 100%-owned Goldboro Gold Project in Nova Scotia ("Goldboro"). • As at March 31, 2019, the Company had a cash balance of $10.7 million, preliminary working capital1 of $4.3 million, and additional available liquidity of $1,000,000 from an undrawn revolving line of credit facility.
  24. Gold is among the most costly in addition to wanted metals in the world. From coins to jewelry, gold has been utilized in numerous ways over many centuries. In some countries, gold is considered advantageous. In times of financial instability and when stock markets seem to be taking the plunge, the only investment that has not been disturbed by the recession and other economic issues is a gold investment. As a result, a growing number of individuals are choosing gold investment to prevent any financial insecurity shortly. There are plenty of factors for gold investment however here are a few of the top ones: Value: One of the main reasons why professionals recommend gold investment is since it does not lose its value every day unlike currencies. Precisely what the majority of individuals have recognized is that as soon as all the gold in the world is gone, there will be no alternative metal to replace it. Worldwide Acceptable: One of the significant points about gold investment is that you can buy gold from just about anywhere in the world. Not only purchasing, but the acceptability of gold is also extremely high. In fact, gold is appropriate in any location or country on the planet, that makes it a comfy investment choice. Economy: Gold is a crucial driver of the world economy. Many developing and developed countries in the world have their share of gold, which provides a nation with financial security and helps them to manage economic declines. This implies that gold investment is one of the very best financial investments you can have and it can be moved from one generation to another with no problem. Economic downturn: The world just went through a period of financial crisis, and it is not entirely over. Governments might have collapsed; economies would have crashed if there was no gold. It is the gold that countries have in their reserve that bails out economies from crisis circumstances. Portfolio: One of the essential elements of having an investment portfolio is that it needs to be diversified from time to time. Given that the prices of gold are somewhat stable in comparison to the stock market or mutual funds having it on your portfolio will offer you with something to fall back on. Gold investment is lucrative and provides some benefits, and thus it is ending up being a popular investment option in the United States and other nations in Europe. Inflation: One of the main reasons for gold investment is that it will conserve your investment portfolio from the increase. Both gold and silver have always been versatile investments, unlike stocks. Secondly, there are some ways of purchasing gold like gold coins, gold bullion, ETF's, gold exchange and much more. In times of economic instability and when stock markets appear to be taking the plunge, the only investment that has not been disrupted by the recession and other financial issues is a gold investment. Value: One of the primary reasons why experts recommend invest in gold is because it does not lose its worth daily, unlike currencies. Worldwide Acceptable: One of the prominent points about gold investment is that you can buy gold from just about anywhere in the world. Gold investment is rewarding and provides some advantages, and for this reason, it is ending up being a trendy investment option in the US and other nations in Europe.
  25. 1 Refer to Non-IFRS Measures Section below. "Anaconda is off to a good start in 2019 with over 5,200 ounces of gold sold and the mining operations at its Point Rousse Project achieving strong results at the Stog'er Tight Mine, where we achieved higher than planned ore tonnes and established a robust ore stockpile of over 30,000 tonnes to end the quarter. The delay in the shipment of trunnion liners and unplanned maintenance for the regrind mill at the Pine Cove Mill, combined with the planned maintenance on the primary ball mill, impacted mill availability in March, and the Company took the opportunity to advance various maintenance programs and make other mechanical improvements in the mill. While the resulting lower throughput rate marginally impacted quarterly gold production from a timing perspective we have greatly improved asset reliability and efficiency going forward. The Pine Cove Mill was back running during the first week of April and the Company continues on track to produce and sell between 19,000 and 20,000 ounces of gold from its Point Rousse Project in 2019." ~ Kevin Bullock, CEO, Anaconda Mining Inc. First Quarter Operating Statistics Three months ended March 31, 2019 Three months ended March 31, 2018 Mine Statistics Ore production (tonnes) 77,367 143,840 Waste production (tonnes) 279,412 250,132 Total material moved (tonnes) 356,779 393,972 Waste: Ore ratio 3.6 1.7 Mill Statistics Availability (%) 78.1 93.4 Dry tonnes processed 79,758 109,219 Tonnes per day 1,135 1,300 Grade (grams per tonne) 1.92 1.44 Recovery (%) 84.8 85.2 Gold Ounces Produced 4,176 4,293 Gold Ounces Sold 5,251 4,526
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