11:51 AM EST - Anaconda Mining Inc. : Has initiated a second phase of diamond drilling at the Argyle Prospect of the Point Rousse Project. The purpose of the Phase 2 Exploration Program is to follow up on significant mineralization encountered during the Phase 1 exploration program at Argyle. The known gold mineralization system at Argyle extends 410 metres along strike and 100 metres down-dip to the north, and is present 42 metres vertically below surface. Anaconda Mining Inc.
shares T.ANX are trading up $0.005 at $0.06.
