NEWFOUNDLAND – Toronto-based Anaconda Mining has been selected as the 2016 Miner of the Year by the Newfoundland Branch of the CIM. The company was recognized for its achievements in advancing production at the Point Rousse project in the Baie Verte mining district, as well as for its contributions to the communities in which it operates.
The Pointe Rousse project includes the Pine Cove mine and mill where the open pit has been mined continuously since 2008 and produces approximately 16,000 oz of gold annually. The resource estimate was updated in October 2015, and the property has 1.56 million indicated tonnes grading 1.67 g/t Au and 208,700 inferred tonnes at 1.57 g/t, for a total of 10,570 oz. The company has an active exploration program in the area.
Anaconda president and CEO Dustin Angelo said, “It is truly an honour to have our team recognized by the Newfoundland Branch … Through the co-operative efforts of our entire workforce and contractors, Anaconda has increased gold production and expanded its presence in the region. We are proud of our unique company culture dedicated to innovation, continuous improvement and building a better future for all of our stakeholders.”
Additionally, Anaconda’s VP of exploration Paul McNeill was elected vice-president of the Newfoundland Branch.
More information is available at www.AnacondaMining.com.