The Point Rousse Operation by Anaconda Mining Classifies New Mineralized Systems

At Baie Verte Mining District of Newfoundland, The Diamond drill programme by ANX is including testing of six exploration targets containing 4,684.6 meters of drilling in 36 diamond drill holes
Anaconda Mining is pleased to announce the exploration drill results as it identified two new mineralized systems within the Golden Ville Trend (Exhibit B) and mineralization was also intersected in multiple holes within the Deer Cove Trend (Exhibit C).

Highlights of the Exploration Program include:

2.09 grams per tonne ("g/t") gold over 5.7 metres (85.0 to 90.7 metres) including 9.80 g/t gold over 0.5 metres in drill hole CS-21-004;
1.38 g/t gold over 5.7 metres (18.9 to 24.6 metres) in drill hole DC-21-158;
3.64 g/t gold over 2.8 metres (136.2 to 139.0 metres) in drill hole DC-21-153;
1.03 g/t gold over 5.4 metres (54.9 to 59.4 metres) in drill hole BB-21-001;
6.86 g/t gold over 1.0 metre (27.0 to 28.0 metres) in drill hole DC-21-152; and
1.34 g/t gold over 2.3 metres (41.7 to 44.0 metres) with a visible gold showing in drill hole DC-21-156
ABOUT ANACONDA:
Anaconda Mining is a TSX and OTCQX-listed gold mining, development, and exploration company, focused in the top-tier Canadian mining jurisdictions of Newfoundland and Nova Scotia