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Anaconda Mining Files Preliminary Economic Assessment Technical Report for the Goldboro Gold Project

Anaconda Mining Files Preliminary Economic Assessment Technical Report for the Goldboro Gold Project

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Pre-tax Net Present Value 5% of $805M with a pre-tax IRR of 29.0% After-tax Net Present Value 5% of $547M with an after-tax IRR of 24.4% TORONTO, ON / ACCESSWIRE / August 5, 2021 / Anaconda Mining Inc. (“Anaconda” or the “Company”) (TSX:ANX)(OTCQX:ANXGF) is pleased to announce the filing of a technical report prepared in accordance with National Instrument 43-101 (“NI 43-101”) with respect to a preliminary economic assessment (“PEA”) for its 100%-owned Goldboro Gold Project in Nova Scotia, Canada (“Goldboro”, or the “Project”). The technical report, entitled “NI 43-101 Technical Report and Preliminary Economic Assessment for the Goldboro Gold Project, Eastern Goldfields District, Nova Scotia,” with an effective date of June 23, 2021 (the “Technical Report”), follows the previous announcement on June 23, 2021.

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