Brief: Anaconda Mining Says Produced 78,123 Tonnes Of Ore During Q2, A 138% Increase Over Q2 2018

Signal Gold

15/07/2019 12:12

July 15 (Reuters) - Anaconda Mining Inc  ANX.TO :
    * ANACONDA MINING ANNOUNCES Q2 PRODUCTION RESULTS AND
UPDATES
GUIDANCE TO REFLECT POTENTIAL EXPANSION AT PINE COVE
    * ANACONDA MINING INC - SOLD 3,153 OUNCES OF GOLD IN Q2
2019,
GENERATING METAL REVENUE OF $5.5 MILLION AT AN AVERAGE REALIZED
GOLD PRICE OF $1,739 PER OUNCE
    * ANACONDA MINING INC - PRODUCED 78,123 TONNES OF ORE DURING
Q2, A
138% INCREASE OVER Q2 2018
    * ANACONDA MINING INC - CONTINUES TO SEE POTENTIAL TO EXPAND
MINE
LIFE AT PINE COVE AND CONSEQUENTLY WILL DEFER DEVELOPMENT OF
ARGYLE DEPOSIT INTO 2020
    * ANACONDA MINING INC - REVISING ITS GUIDANCE FOR 2019 TO
16,000
TO 17,000 OUNCES OF GOLD FROM ITS INITIAL GUIDANCE OF 19,000 TO
20,000 OUNCES

Source text for Eikon:  ID:nCNW1qZV8a 
Further company coverage:  ANX.TO 

 ((Reuters.Briefs@thomsonreuters.com;))