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Found 52 results

  1. Visit the link and check it for your self, our success ratio is incredible - https://t.me/btctradingclub Almost 60% of 13,000 people say they will “hodl” Bitcoin to the grave if the BTC price fails to trade above $10,000. If you are looking to trade on the best Crypto Signals for major exchanges such as Binance, Bittrex, Bitmex, Poloniex etc - then our signals are perfect! You can visit the above link and check the entire stats! Make yourself a member of the most successful Premium Community ever. We are the ONLY Premium Community which informs about the entry as well as the EXIT/Closure call which makes the trading easier for traders. Why our signals are such high in accuracy? Because we sent all those signals post detailed analysis considering the technical & fundamental aspect of the coin.
  2. 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.
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  5. 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?
  6. From my point of view, Gold increases its safe haven status everyday as the financial & death toll goes higher and higher. Gold is now 1702 dollars , it can go up & down few in coming days But expect the 2008 moment when stock markets were calm for three weeks and then boom .. Maybe, In May we will see higher prices when the governments start to pay the immense costs of economical downturn - unemployment benefits, no tax revenue, exploding healthcare costs and with the printing of money stagflation & recession; perfect recipe for extreme Gold prices, find out the best place to buy gold online when you can … What you say guys?
  7. Better money for all Right now, asset-backed tokens are solving many of the devaluation problems that come from other tokenization methods. This is largely due to the tangible value tied to the token and how that affects volatility and intrinsic value. Gold is money, and for 5,000 years, it has been used as a medium of exchange. Gold, as an asset class, has one of the richest and longest histories of all the natural assets to have been bestowed with such high value by humankind. So if we can tie the value of gold to a token, you have a unique way to protect against impending doom and enforce stability in the system. Just as the Internet revolutionized information flow, the blockchain will revolutionize information validation. Mass disintermediation will be the next quantum leap in human productivity. Blockchain is poised to eliminate 99% of the friction involved in transacting in real things, such as gold, silver, and other commodities, displacing all who are currently employed in those frictional processes. People that are calling cryptocurrency the next money and currency are missing the bigger picture. When you combine gold, which is one of the oldest forms of payment, with a technological and financial advancement like asset-backed tokens, you have the best of both worlds. Transacting on the blockchain will give gold asset-backed crypto-tokens tremendous value, in the same way that the global oil trade in US dollars gave the US dollar its throne seat for over forty years – people are forced to use it. How Fiat currencies are Tied to their government’s economic performance If you can understand this fundamental concept, then you can understand why cryptocurrency isn’t mean to be the new “money” – it’s meant to be the new platform for money. Gold is deemed to be a tangible commodity and is one of the most persistent and durable products. Some might be shocked to hear this, but the annual gold trade, including all estimated over-the-counter (OTC) transactions, is estimated to be more than $USD 22.0 Trillion as of 2016. Gold is the de facto backbone of the financial system, and it always has been. It still is the best money, because its value as money is immutable and inherited from its properties as an element. Just because it may not be easily tradeable in our current commercial climate doesn’t mean it can’t serve as money. Because gold doesn’t move around, it stands to gain a lot from being transitioned onto the blockchain. One of the highest costs and concerns with gold is storage, moving it, and keeping track of it. If there is one thing in current times that could benefit from a distributed ledger and disintermediation on the scale that distributed ledger technology promises, it’s gold. The gold trading industry probably represents one of the best candidates for disruption with blockchain. Blockchain may serve as a facilitator and a liquidator for the gold trade by creating a gold-supported currency. And by using the Ethereum blockchain, which allows smart contracts, any contractual conditions of the currency could be easily verified. This is exactly the goal companies like Garnex are aiming for. By combining the best of both worlds – fiat currency and cryptocurrency – they intend to create a gold standard for the modern age. What happens when we face extreme levels of inflation? The world today feels like it’s becoming more disjointed and uncertain than ever. Financial shocks and geopolitical crises are becoming more frequent, just as new technologies like blockchain hint of a more transparent future. With all these changes at play, we feel that people, organizations, and governments deserve a currency that hedges against this uncertainty. A currency that will have a reliable value in times of crisis and instability. We believe that cryptocurrencies and governments can not only co-exist together but can serve to empower and make the other better and more efficient. One of Garnex’s top priorities is security. In order to ensure the platform is secure, its infrastructure and smart contract code have been reviewed by top security auditors and bug bounty hunters. During the process, extensive penetration testing was performed. These tests proved fruitful and Garnex was able to fix some vulnerabilities in the Garnex web API and smart contract that should lend greater confidence to their infrastructure and security. The role of Garnex in the real world All of the above information shows the market gap that gold-supported currencies could fill, but it still needs to be explained why blockchain technology necessary for Garnex Gold Corporation’s solution. The top benefit of blockchain in this instance is that it enables users to hold fractional ownership of gold. The ability to hold, receive, and spend small amounts of their GLD currency makes it much more liquid and enables its use case as a medium of transfer. Additionally, ownership of the GLD currency allows users to transact with anyone in whatever currency they choose. Custody and control are no longer issues, and this creates a twofold effect. First, there is a much more liquid market for the currency since anyone can transact with it. Second of all, the worldwide accessibility of GLD currency allows for a greater user base and higher demand for the money. If this sounds interesting, you should know that Garnex is currently running a giveaway campaign where the winner has the chance to receive 1 ounce of gold (worth approx. $1500 USD). Click here to check out the giveaway today!
  8. 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.
  9. 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.
  10. 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.
  11. 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.
  12. 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.
  13. 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.
  14. 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. "
  15. 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.
  16. 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.
  17. 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.
  18. 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.
  19. "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."
  20. 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.
  21. 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.
  22. 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.
  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. 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.
  25. 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.
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