12:05 PM EST - Anaconda Mining Inc. : Announced production results and certain financial information. Anaconda sold 4,652 ounces of gold in Q3, generating metal revenue of $8.8 million at an average realized gold price of $1,885 per ounce. As at September 30, the Company also had over 650 ounces in gold doré inventory, which will be sold in October. As at September 30, the Company had a cash balance of $7.0 million, positive preliminary working capital of $1.8 million, and additional available liquidity of $1,000,000 from an undrawn revolving line of credit facility. The Company is also currently processing the bulk sample from the Goldboro Gold Project, and related revenues are expected to be realized in November 2019.
shares T.ANX are trading up $0.005 at $0.21.
