Canadian Mining Journal

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GOLD: Anaconda secures new targets near Goldboro



Map showing the location of the Goldboro property and the proximity to the Country Harbour and Lower Seal Harbour sites in Nova Scotia. (Image: Anaconda Mining)

NOVA SCOTIA – Toronto-based Anaconda Mining has entered into options to acquire the Country Harbour and Lower Seal Harbour gold properties, 15 and 5 km from its Goldboro property 175 km northeast of Halifax.

Both properties are past producers, and they have exploration potential along strike and at depth.

The Country Harbour mine produced about 10,000 oz. of gold prior to 1900. Historic drilling there returned 83.66 g/t gold over 0.3 metre, 5.95 g/t over 1.7 metre, 6.85 g/t over 0.6 metre, and 7.54 g/t over 0.3 metre. Chip samples taken along the Blair adit assayed 9.91 g/t over 4.6 metres.

The Lower Seal Harbour mine was active from 1894 to 1942 and produced about 34,000 oz. of gold. Assays from historical mining returned 18.91 g/t gold over 1.7 metre, including 87.54 g/t over 0.3 metre; 7.49 g/t over 1.7 metre, including 106.01 g/t over 0.25 metre; 9.63 g/t over 1.5 metre; and 5.14 g/t over 2.2 metres.

Selected diamond drill core assays for both Country and Lower Seal harbours are included in the news release dated July 17, 2019, posted at www.AnacondaMining.com.

Anaconda is preparing a feasibility study for the Goldboro gold project. It is to be complete before the end of this year.


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