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Anaconda Mining Inc.

10:35 AM EST - Anaconda Mining Inc. : Announced production results and certain financial information from the three months ended June 30, 2019. Anaconda sold 3,153 ounces of gold in Q2 2019, generating metal revenue of $5.5 million at an average realized gold price1 of $1,739 per ounce. As at June 30, 2019, the Company also had over 565 ounces in gold doré and bullion inventory, which was subsequently sold in July 2019. The Company produced 78,123 tonnes of ore during the second quarter, predominantly from mining at the Stog'er Tight Mine, a 138% increase over Q2 2018. Material moved also included 270,552 tonnes of waste development for a pushback of the Pine Cove Pit, which also contributed 14,690 tonnes of ore in Q2 2019. Anaconda Mining Inc. shares T.ANX are trading up $0.01 at $0.32.