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Anaconda Mining Inc.

09:47 AM EST - Anaconda Mining Inc. : Provided an updated Mineral Resource estimate for the Point Rousse Project with new resource calculations at the Stog'er Tight and Pine Cove deposits with an effective date of October 22, which conforms to National Instrument 43-101 – Standards of Disclosure for Mineral Projects.These resource calculations represent an important step in the Company's strategy to extend the life of the Point Rousse Project. One of Anaconda's goals is to expand the Pine Cove deposit and develop the Stog'er Tight deposit so that the project will extend to over 10 years. With these new resource calculations, the Company is beginning to build a portfolio of ounces and demonstrate the potential to reach its goal. Anaconda Mining Inc. shares T.ANX are trading unchanged at $0.05.