Anaconda Mining

Posted at 11:23 am on January 29, 2018

Drilling work is progressing in Goldboro, Guysborough County, and the company’s president says things are looking good. CEO and President of Anaconda Mining,

Gold Nugget

Dustin Angelo says that drilling for a possible gold mining project has been moving along, and core samples obtained in the area look very positive.

Angelo says that the first few drills have revealed good content, and the future for Anaconda in the area looks promising.
Angelo says the company is currently working through permit’s and applications, and they are looking to get the full project underway by 2021. Angelo adds that preliminary numbers from the economic assessment indicate up to 200 people could find work through Anaconda in the coming years.

Posted at 10:18 am on November 2, 2017

Drilling has commenced in Goldboro, with the Municipality and contractor hoping to strike gold. The Municipality of the District of Guysborough says that

Gold Nugget

Anaconda Mining has initiated a 6000 metre drill in the area, spending a total of 1.2 million dollars in Goldboro.

Warden Vernon Pitts says that hearing news of drilling in the area is very exciting for residents, the municipality and Anaconda Mining:
Pitts says that people of the area are also on board with the idea of a gold mine opening in Goldboro.
President and CEO, Dustin Angelo says that he is confident that they’ll be able to expand the production, as they have found traces of gold further down the plunge. Angelo says that the future for Goldboro looks very good.
Angelo says disruption to the area during the drilling will be very minimal.

Posted at 8:41 am on August 8, 2017

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.