Anaconda Mining Optimistic about Gold Deposits in Goldboro Area

Posted at 8:41 am on August 8, 2017 | Filed Under: News

Officials with a Toronto-based mining company are encouraged by the results of its first drill program in Goldboro, Guysborough County.  Anaconda Mining is interested in opening a gold mine there.  It acquired the Goldboro property in a takeover of Orex Exploration earlier this year.
The President and CEO of Anaconda Dustin Angelo says it’s optimistic the deposit in Goldboro is even larger than current testing results suggest.
Angelo says there’s also the potential to go further underground with the deposit.  Angelo says if all goes well, the company would like to begin production in 2020.