TORONTO, Sept. 6, 2018 /CNW/ - Anaconda Mining Inc.
("Anaconda" or the "Company") (TSX: ANX; OTCQX:
ANXGF) is pleased to announce the creation of a technical advisory
committee to assist and provide technical guidance to the Anaconda
management team regarding all aspects of the development of large
mining and processing capital projects (the "Advisory Committee").
Anaconda welcomes Kevin Bullock,
Glenn Dobby and Keith Bullock as founding members of the
Advisory Committee. They collectively bring to the Company a wealth
of experience in narrow vein underground mining, metallurgy and
mineral processing, project management, construction and
engineering.
"As Anaconda executes on its consolidation strategy in
Atlantic Canada, it will be
allocating significant capital and resources to developing mining
projects and putting them into production, the first being the
Goldboro Gold Project in Nova
Scotia. Anaconda's management team will have access to
experienced professionals who have expertise in various areas
related to gold mine construction, development, and production. The
Advisory Committee will add more depth to our team and be an
effective resource that can assist in providing technical guidance
on matters to Anaconda's management team during the mine
development process."
~Dustin Angelo, President and
CEO, Anaconda Mining Inc.
BIOS OF TECHNICAL ADVISORY COMMITTEE MEMBERS
Kevin Bullock:
Kevin Bullock is a registered
Professional Mining Engineer in the province of Ontario. Kevin was Volta Resources Inc.'s
President and CEO and was the founding President and CEO of
Goldcrest (a Volta predecessor company) since its inception in
2002. Kevin was instrumental in the growth of Volta from a shell
company through to the ultimate sale of the company to B2Gold at
the end of 2013. Kevin has over 25 years of experience, at senior
levels, in mining exploration, mine development and mine
operations. Throughout his career, Kevin has been involved in
projects from inception through exploration to development and
production. Kevin is currently the CEO of Golden Reign Resources
Ltd and director of B2Gold.
Glenn Dobby:
Glenn Dobby is co-founder and
Vice President technical development for Woodgrove Technologies
Inc. Woodgrove is a minerals technology company that develops
energy efficient and space efficient flotation systems, as well as
advanced process control systems. From 1991 to 2005 Glenn was
co-owner and VP of MinnovEX Technologies Inc, where he was
primarily responsible for the direction of technology development
in flotation equipment, flotation modelling, comminution modelling
and geometallurgy. Glenn holds a BEng and a PhD in metallurgical
engineering from McGill University. He
was with Vale Thompson for four years and with MIT for two years before becoming a Professor in
the Metallurgy and Materials Science Department at the University of Toronto from 1984 to 1991.
Keith Bullock:
Keith has an extensive background in underground mining having
received a Bachelor of Engineering Degree (Mining) from
Laurentian University in 1986, followed
by a Masters Degree in Science (Mining) from Queen's University in
1988. Since 1988, Keith was employed by Glencore (previously
Falconbridge) in Sudbury holding various positions in
production, engineering, supervision, major projects and mine
management until his retirement in 2018. His focus has been
on base metal mining, both bulk mining and narrow vein underground
operations. Most recently he was the Mining Lead for Glencore
Sudbury's Onaping Depth and Nickel Rim Depth projects - deep base
metal mine projects. He was a member of the Board of Directors,
followed by Chairman of the Board of CAMIRO, a mining research
entity based in Sudbury, Ontario.
He also spent 3 years as a Program Director at CEMI, a research
entity based in Sudbury,
Ontario. Keith is a registered Professional Engineer in the
province of Ontario since
1989. He is also a certified 6 Sigma Black Belt.
A version of this press release will be available in French on
Anaconda's website (www.anacondamining.com) in two to three
business days.
ABOUT ANACONDA MINING INC.
Anaconda is a TSX-listed gold mining, development, and
exploration company, focused in the prospective Atlantic Canadian
jurisdictions of Newfoundland and
Nova Scotia. The Company operates
the Point Rousse Project located in the Baie Verte Mining District
in Newfoundland, comprised of the
Stog'er Tight Mine, the Pine Cove open pit mine, the Argyle Mineral
Resource, the fully-permitted Pine Cove Mill and tailings facility,
deep water port, and approximately 5,800 hectares of prospective
gold-bearing property. Anaconda is also developing the Goldboro
Project in Nova Scotia, a
high-grade Mineral Resource, with the potential to leverage
existing infrastructure at the Company's Point Rousse Project.
The Company also has a pipeline of organic growth opportunities,
including the Great Northern Project on the Northern Peninsula of
Newfoundland and the Tilt Cove
Property on the Baie Verte
Peninsula, also in Newfoundland.
FORWARD-LOOKING STATEMENTS
This news release contains "forward-looking information"
within the meaning of applicable Canadian and United States securities legislation.
Forward-looking information includes, but is not limited to, the
Company's future exploration, development and operational plans.
Generally, forward-looking information can be identified by the use
of forward-looking terminology such as "plans", "expects", or "does
not expect", "is expected", "budget", "scheduled", "estimates",
"forecasts", "intends", "anticipates", or "does not anticipate", or
"believes" or variations of such words and phrases or state that
certain actions, events or results "may", "could", "would",
"might", or "will be taken", "occur", or "be achieved".
Forward-looking information is based on the opinions and estimates
of management at the date the information is made, and is based on
a number of assumptions and is subject to known and unknown risks,
uncertainties and other factors that may cause the actual results,
level of activity, performance or achievements of Anaconda to be
materially different from those expressed or implied by such
forward-looking information, including risks associated with the
exploration, development and mining such as economic factors as
they effect exploration, future commodity prices, changes in
foreign exchange and interest rates, actual results of current
production, development and exploration activities, government
regulation, political or economic developments, environmental
risks, permitting timelines, capital expenditures, operating or
technical difficulties in connection with development activities,
employee relations, the speculative nature of gold exploration and
development, including the risks of diminishing quantities of
grades of resources, contests over title to properties, and changes
in project parameters as plans continue to be refined as well as
those risk factors discussed in Anaconda's annual information form
for the seven-month period ended December
31, 2017, available on www.sedar.com.
Although Anaconda has attempted to identify important factors that
could cause actual results to differ materially from those
contained in forward-looking information, there may be other
factors that cause results not to be as anticipated, estimated or
intended. There can be no assurance that such information will
prove to be accurate, as actual results and future events could
differ materially from those anticipated in such information.
Accordingly, readers should not place undue reliance on
forward-looking information. Anaconda does not undertake to update
any forward-looking information, except in accordance with
applicable securities laws.
SOURCE Anaconda Mining Inc.