ANACONDA MINING INC. SAFETY. INTEGRITY. RELIABILITY
Welcome to the Point Rousse Project in Newfoundland, Canada.
Anaconda Mining Inc. owns 100% of the Point Rousse Project. It is located on the Ming's Bight Peninsula, within the Baie Verte Mining District on the north-central part of Newfoundland. The project has been consistently producing gold since the summer of 2010 after completing an upgrade to its milling infrastructure. Mill throughput is currently approximately 1,100 tonnes per day with a recovery rate of 83-85% at an average grade around 1.8 grams per tonne.
The property control at the Point Rousse Project originally included approximately 660 hectares of mining rights. In 2012 and 2013, the Company entered into option agreements to acquire a 100% interest in six additional exploration properties and staked four other properties. The agreements and staked claims increased the Company’s land package of the Point Rousse Project nine-fold to approximately 6,000 hectares, controlling significant portions of three gold trends totaling over 20 kilometres of strike length and several gold deposits and zones, including the active mining operation at the Pine Cove deposit. The Company’s property package has great potential to contain substantially more economically mineable resources and extend the life of the Point Rousse Project to 10 years or greater at higher production levels.
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Apr 09, 2015
Anaconda Mining sells 4,508 ounces and generates $1.9M of Point Rousse Project EBITDA for Q3 fiscal 2015
Mar 19, 2015
Anaconda's Point Rousse Project has record sales volume of over 4,500 ounces of gold in Q3 FY2015
Feb 27, 2015
Anaconda Provides a Strategic and Exploration Update on the Point Rousse Project
Feb 26, 2015
Anaconda Mining maximizing Pine Cove deposit potential through recent drilling