09:48 AM EST - Anaconda Mining Inc. : Reported its financial and operating results for the fiscal year ended May 31, 2016. The Company sold 16,023 ounces of gold in fiscal 2016 resulting in $24,361,471 in revenue at an average sales price of $1,520 per ounce. Cash cost per ounce sold at the Point Rousse Project for fiscal 2016 was $1,081. Earnings before interest, taxes, depreciation and amortization and other non-cash expenses ("EBITDA") at the project level were $7,036,401. Net income for the year ended May 31, 2016 was $195,449. Anaconda Mining Inc.
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