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Anaconda Mining Inc.

03:47 PM EST - Anaconda Mining Inc. : Reported that results of preliminary metallurgical test work indicates that ore from the Thor Deposit of the Viking Project could be processed at the Pine Cove mill using current flotation and leach circuit configuration. The results of the study are based on a homogenized sample collected from two diamond drill holes. Bench scale test work, conducted by NB Research and Productivity Council, primarily focused on flotation, cyanide leaching and grinding to evaluate the response of the Thor Deposit material to the current plant flow sheet for the Pine Cove mill. Anaconda Mining Inc. shares T.ANX are trading unchanged at $0.06.