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Anaconda Mining Inc.

09:55 AM EST - Anaconda Mining Inc. : Reported its financial and operating results for three months ended August 31, 2017. Anaconda achieved record quarterly gold sales of 4,723 ounces in Q1 FY 2018, and recorded revenue of $7.6 million based on an average gold price of $1,612 per ounce, a 55% increase in revenue over Q1 FY 2017. On a consolidated basis, EBITDA for the three months ended August 31, 2017, was $1.7 million. Anaconda Mining Inc. shares T.ANX are trading unchanged at $0.07.