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Anaconda Mining Delivers Positive Preliminary Economic Assessment 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 $547M with an after-tax IRR of 24.4% TORONTO, ON / ACCESSWIRE / June 23, 2021 / Anaconda Mining Inc. (“Anaconda” or the “Company”) (TSX:ANX) (OTCQX:ANXGF) is pleased to report the results of the Preliminary Economic Assessment (“PEA”) prepared in accordance with National Instrument 43-101 (“NI 43-101”) for its 100% owned Goldboro Gold Project in Nova Scotia, Canada (“Goldboro”, or the “Project”). All currency is presented in Canadian dollars (C$) and referenced as “C$” or “$”, unless otherwise stated.

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