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Gold/Mining/Energy : CDN gold shares: Anaconda mining merging w/Maritime Resource

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From: Internship9/5/2019 3:30:35 PM
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Although that merge never occured, I'm still quoting this as buy and getting some in case the recession rises the prices.

anacondamining.com


Highlights of the Tilt Cove Project


  • Large land position that has been consolidated for gold exploration for the first time in 20 years with 20 kilometres of prospective strike;
  • Includes the Nugget Pond Horizon, which hosts the past-producing high-grade Nugget Pond Mine that produced 168,748 ounces and an average grade of 9.85 g/t gold;
  • Nugget Pond mineralization is like other Banded-Iron-Formation hosted lode gold deposits, such as Meadowbank, Lupin, Meliadine and Homestake;
  • Includes the Venams Bight Formation, which hosts the Pine Cove Mine at the Point Rousse Project;
  • Significant high-grade historical drill intercepts and the identification of 12 high-priority gold exploration targets including:
  • 6.77 g/t gold over 5.0 metres in hole BC-89-02;
  • 11.20 g/t gold over 1.1 metres in hole BC-89-01;
  • 8.82 g/t gold over 1.0 metre in hole NBC-96-01; and
  • Past-producing copper mines including the Tilt Cove and Betts Cove Mines.

    anacondamining.com


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